Franopolis
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    Franchise opportunities compared

    1st Class Real Estate vs Sperry

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    1C1st Class Real Estate2026 FDDSperry2025 FDD

    Initial investment · Item 7

    1st Class Real Estate

    $31,050 – $159,450

    2026 FDD · Item 7

    Sperry

    $14,800 – $181,500

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    1st Class Real Estate

    $25,000

    2026 FDD · Item 5 · PDF p. 12

    Sperry

    Not available

    Royalty · Item 6

    1st Class Real Estate

    Not available

    Sperry

    2%

    2025 FDD · Item 6 · PDF p. 15

    Before you compare

    • 1st Class Real Estate figures come from its 2026 FDD and Sperry figures from its 2025 FDD, so the years differ.
    • 1st Class Real Estate and Sperry disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only neither brand has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    1st Class Real Estate

    $31,050 – $159,450
    2026 FDD · Item 7

    Sperry

    $14,800 – $181,500
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)

    1st Class Real Estate

    $25,000
    2026 FDD · Item 5 · PDF p. 12

    Sperry

    Not available
    No single standard fee identified
    Royalty (Item 6)

    1st Class Real Estate

    Not available
    No reviewed royalty record

    Sperry

    2%
    Royalty override rate
    2025 FDD · Item 6 · PDF p. 15
    Brand / advertising fund (Item 6)

    1st Class Real Estate

    Not available
    No reviewed brand or advertising fund fee

    Sperry

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    1st Class Real Estate

    70
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 40

    Sperry

    57
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 43
    Net outlet change (Item 20)

    1st Class Real Estate

    −26
    Calculated: 96 at end of 2022 → 70 at end of 2025

    Sperry

    −4
    Calculated: 61 at end of 2022 → 57 at end of 2024
    Outlet exits (Item 20)

    1st Class Real Estate

    Not available
    No complete exit records for a year

    Sperry

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    1st Class Real Estate

    Not available
    Not in reviewed records

    Sperry

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    1st Class Real Estate

    Not available
    Not in reviewed records

    Sperry

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    1C1st Class Real Estate

    Not disclosed — no Item 19 financial performance representation

    Sperry

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    1st Class Real Estate vs Sperry: common questions

    Which costs less to open, 1st Class Real Estate or Sperry?
    1st Class Real Estate: $31,050 – $159,450 (2026 FDD · Item 7); Sperry: $14,800 – $181,500 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Sperry. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, 1st Class Real Estate or Sperry?
    1st Class Real Estate: 70 (2025 FDD · Item 20 · PDF p. 40); Sperry: 57 (2025 FDD · Item 20 · PDF p. 43). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do 1st Class Real Estate and Sperry disclose financial performance (Item 19)?
    1st Class Real Estate makes no Item 19 financial performance representation; Sperry makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    1C

    Full 1st Class Real Estate report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Sperry report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    FDD glossary

    Plain-language meaning of each Item