Franopolis
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    Franchise opportunities compared

    Restaurant Brokerage 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.

    Restaurant Brokerage2025 FDDSperry2025 FDD

    Initial investment · Item 7

    Restaurant Brokerage

    $95,875 – $140,650

    2025 FDD · Item 7

    Sperry

    $14,800 – $181,500

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    Restaurant Brokerage

    $49,750

    2025 FDD · Item 5 · PDF p. 10

    Sperry

    Not available

    Royalty · Item 6

    Restaurant Brokerage

    15%

    2025 FDD · Item 6 · PDF p. 11

    Sperry

    2%

    2025 FDD · Item 6 · PDF p. 15

    Before you compare

    • Both sets of figures come from 2025 FDDs.
    • Restaurant Brokerage and Sperry disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Restaurant Brokerage has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Restaurant Brokerage

    $95,875 – $140,650
    2025 FDD · Item 7

    Sperry

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

    Restaurant Brokerage

    $49,750
    2025 FDD · Item 5 · PDF p. 10

    Sperry

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

    Restaurant Brokerage

    15%
    Royalty: greater of tiered monthly minimum or 15% of Gross Revenues
    2025 FDD · Item 6 · PDF p. 11

    Sperry

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

    Restaurant Brokerage

    2%
    Franchise Marketing Accrual Fund contribution: greater of 2% of Gross Revenues or $150/month — 2%
    2025 FDD · Item 6 · PDF p. 12

    Sperry

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Restaurant Brokerage

    57
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 46

    Sperry

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

    Restaurant Brokerage

    +22
    Calculated: 35 at end of 2022 → 57 at end of 2024

    Sperry

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

    Restaurant Brokerage

    Not available
    No complete exit records for a year

    Sperry

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

    Restaurant Brokerage

    Not available
    Not in reviewed records

    Sperry

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

    Restaurant Brokerage

    Not available
    Not in reviewed records

    Sperry

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Restaurant Brokerage
    Locations counted not stated in the reviewed record — Reporting territories
    $107,712
    other Gross revenues average
    2025 FDD · Item 19 · PDF p. 45
    Locations counted not stated in the reviewed record — Reporting franchisees
    $28,918
    other gross commission per transaction
    2025 FDD · Item 19 · PDF p. 44
    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.

    Restaurant Brokerage vs Sperry: common questions

    Which costs less to open, Restaurant Brokerage or Sperry?
    Restaurant Brokerage: $95,875 – $140,650 (2025 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.
    How do Restaurant Brokerage and Sperry royalties compare?
    Restaurant Brokerage: 15% (2025 FDD · Item 6 · PDF p. 11); Sperry: 2% (2025 FDD · Item 6 · PDF p. 15). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Restaurant Brokerage or Sperry?
    Restaurant Brokerage: 57 (2025 FDD · Item 20 · PDF p. 46); 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 Restaurant Brokerage and Sperry disclose financial performance (Item 19)?
    Restaurant Brokerage has reviewed Item 19 figures for 2 location groups; 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

    Full Restaurant Brokerage 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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    Plain-language meaning of each Item