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 7The Agency
$12,550 – $896,150
2026 FDD · Item 7Initial franchise fee · Item 5
Sperry
Not available
The Agency
$47,500
2026 FDD · Item 5 · PDF p. 15Royalty · Item 6
Sperry
2%
2025 FDD · Item 6 · PDF p. 15The Agency
6%
2026 FDD · Item 6 · PDF p. 16Before 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
SperrySperry
The Agency
Sperry
The Agency
Sperry
The Agency
Sperry
The Agency
System scale & health
SperrySperry
The Agency
Sperry
The Agency
Sperry
The Agency
Sperry
The Agency
Sperry
The Agency
Financial performance (Item 19), by location group
SperryNot disclosed — no Item 19 financial performance representation
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.
Keep researching

Full Sperry report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full The Agency report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
