Franchise opportunities compared

    Sperry vs The Agency

    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.

    Initial investment · Item 7

    Sperry

    $14,800 – $181,500

    2025 FDD · Item 7

    The Agency

    $12,550 – $896,150

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Sperry

    Not available

    The Agency

    $47,500

    2026 FDD · Item 5 · PDF p. 15

    Royalty · Item 6

    Sperry

    2%

    2025 FDD · Item 6 · PDF p. 15

    The Agency

    6%

    2026 FDD · Item 6 · PDF p. 16

    Before you compare

    • Sperry figures come from its 2025 FDD and The Agency figures from its 2026 FDD, so the years differ.
    • Sperry and The Agency 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)

    Sperry

    $14,800 – $181,500
    2025 FDD · Item 7

    The Agency

    $12,550 – $896,150
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Sperry

    Not available
    No single standard fee identified

    The Agency

    $47,500
    2026 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)

    Sperry

    2%
    Royalty override rate
    2025 FDD · Item 6 · PDF p. 15

    The Agency

    6%
    Royalty rate tier 1
    2026 FDD · Item 6 · PDF p. 16
    Brand / advertising fund (Item 6)

    Sperry

    Not available
    No reviewed brand or advertising fund fee

    The Agency

    0.75%
    Marketing/Technologies Fee rate tier 3 — 0.75%
    2026 FDD · Item 6 · PDF p. 17

    System scale & health

    Total outlets (Item 20)

    Sperry

    57
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 43

    The Agency

    106
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 54
    Net outlet change (Item 20)

    Sperry

    −4
    Calculated: 61 at end of 2022 → 57 at end of 2024

    The Agency

    +30
    Calculated: 76 at end of 2023 → 106 at end of 2025
    Outlet exits (Item 20)

    Sperry

    Not available
    No complete exit records for a year

    The Agency

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

    Sperry

    Not available
    Not in reviewed records

    The Agency

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

    Sperry

    Not available
    Not in reviewed records

    The Agency

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Sperry

    Not disclosed — no Item 19 financial performance representation

    The Agency

    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.

    Sperry vs The Agency: common questions

    Which costs less to open, Sperry or The Agency?
    Sperry: $14,800 – $181,500 (2025 FDD · Item 7); The Agency: $12,550 – $896,150 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for The Agency. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Sperry and The Agency royalties compare?
    Sperry: 2% (2025 FDD · Item 6 · PDF p. 15); The Agency: 6% (2026 FDD · Item 6 · PDF p. 16). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Sperry or The Agency?
    Sperry: 57 (2025 FDD · Item 20 · PDF p. 43); The Agency: 106 (2026 FDD · Item 20 · PDF p. 54). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Sperry and The Agency disclose financial performance (Item 19)?
    Sperry makes no Item 19 financial performance representation; The Agency 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

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