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Agway

Agway

The total investment to open a Agway franchise ranges from $77,000 to $651,000. The initial franchise fee is $69,100.

What is the Agway franchise?

Agway operates in the Nursery and Garden Centers category and is headquartered in HAMPTON FALLS, NH. The brand has 21 total units, including 20 franchised units and zero company owned locations. Its franchise model serves rural and suburban communities with products for gardening, home care, agriculture, and pets. Agway has 20 active locations, each with established Google ratings, showing an operating presence across its network. The United States Nursery and Garden Centers market is estimated at approximately $45 billion annually. Agway’s product mix extends beyond seasonal gardening into year round home, agricultural, and pet needs. The brand has historical roots and has adapted from traditional farm supplies to suburban gardening and pet care. Specific founding and franchising dates are not provided.

The United States Nursery and Garden Centers industry has an estimated total addressable market of approximately $45 billion and has grown at around 4.5% annually over the past five years. Demand is supported by home improvement, outdoor living, plants, gardening tools, outdoor furniture, and related services. Interest in sustainable living, local food production, and the therapeutic benefits of gardening has expanded the customer base beyond traditional gardening enthusiasts. Garden centers also benefit from pet care demand. The U.S. pet industry exceeded $136 billion in 2022, creating an additional revenue source for retailers with pet products. The industry serves practical household and agricultural needs and may be less sensitive to economic changes than more discretionary retail categories. Repeat customers, community relationships, and the fragmented nature of the market can support franchise investment. Independent operators remain common, giving established brands opportunities to use recognition, supply relationships, and operating systems to gain share. Big box retailers remain competitors, while specialized garden centers can differentiate through expert advice, distinctive products, and personal service.

The initial Agway franchise fee is $69,100. That fee is above the typical $30,000 to $60,000 range for many single unit retail franchises. The total initial investment to open an Agway location ranges from $77,000 to $651,000. The amount can vary with the store’s size and format, whether an existing business is acquired, whether real estate is leased or purchased, the extent of leasehold improvements or new construction, and the amount of opening inventory. A smaller leased store focused on a particular product line in a less expensive market could fall near the lower end. A larger, newly constructed garden and farm supply center in a prime real estate location could approach the upper end. Investment components can include real estate or leasehold improvements, opening inventory, equipment, fixtures, point of sale systems, signage, initial marketing, and working capital for early operating costs. Specific liquid capital and net worth requirements are not provided. Buyers should expect to need sufficient unencumbered funds for the lower end of the investment range plus additional working capital, as well as net worth appropriate for the total capital outlay. Specific royalty and advertising fees are not provided, so a buyer should review the complete Franchise Disclosure Document to understand ongoing operating costs, marketing support, and total ownership costs.

An Agway store is intended to give local owners responsibility for daily operations within a structured franchise system. Core activities include managing inventory and maintaining a seasonal product mix that can include gardening supplies, live plants, pet food, wild bird feed, and agricultural inputs. Customer service involves advice on plant care, animal nutrition, and product use. Store merchandising and presentation also matter because the model depends on an organized and inviting retail setting. A typical store may employ 5 to 15 people, including full time and part time workers, with staffing increases possible during the peak spring and summer gardening seasons. Positions can include store managers, sales associates, and inventory handlers, and some roles may require product knowledge. The broad investment range indicates possible formats ranging from smaller urban garden shops to larger rural farm and garden centers. Specific training details are not available, although a franchise system of this type would generally cover operating procedures, product knowledge, point of sale system use, local marketing, and human resources practices during initial training. Ongoing support would generally include preferred vendor access, supply chain management, regional marketing guidance, operating consultations, and possible site selection assistance. Territory structures are typically based on population density, geographic boundaries, and market potential to limit competition between locations. Specific multi unit requirements are not detailed, but the 20 franchised units show that the system has a basis for multi unit development.

Industry benchmarks can provide context, although they do not predict results for a particular Agway location. Inventory controls, seasonal demand, local competition, and marketing execution can materially affect results. Agway has a Loan Activity Score of 39, categorized as Fair by PeerSense. The score evaluates health and satisfaction indicators and indicates adequate overall system performance and franchisee satisfaction. A Fair rating suggests a functional and stable system without an indication of systemic problems, while it does not suggest exceptional growth or franchisee sentiment.

Agway has 21 total units, including 20 franchised units and zero company owned locations. The 95% franchised ratio points to a franchise centered ownership structure that relies on local operators for market coverage and daily execution. Historical unit counts, net new unit additions, and specific recent openings are not provided. The 20 active locations with Google ratings indicate an established operating network rather than a new system or one that is rapidly contracting. Agway’s competitive strengths include brand recognition and a long standing presence in agricultural and suburban communities, even though precise founding dates are not provided. Its offerings can include garden supplies, pet food, wild bird seed, and light farm supplies, creating multiple sources of sales and serving more customers than a narrowly focused retailer. This mix may help reduce the effects of seasonal gardening demand. Longstanding supplier relationships may give franchisees access to consistent products and competitive pricing. A modern Agway store could use e commerce for online ordering, local delivery, or in store pickup. It could also use social media, loyalty programs, and inventory management technology to manage stock and reduce waste. These approaches can help the brand serve customers seeking convenience and value in the $45 billion Nursery and Garden Centers market.

A suitable Agway franchise candidate may have retail management, operating, horticulture, pet care, or agricultural supply experience. The role also calls for interest in the products and a strong connection to the local community. Agway stores may function as neighborhood retail hubs, making personal service and product advice important for customer loyalty. Owners need to manage inventory, lead employees, and carry out local marketing activities. The 20 existing franchised units provide a precedent for multi unit development. A successful single unit owner may be able to pursue additional locations in adjacent or complementary territories, subject to the system’s requirements and available opportunities. Specific available territories are not detailed. New market decisions would typically consider demographics, customer demand, and real estate availability. The period from signing a franchise agreement to opening can range from 6 to 12 months. That period may include site selection, lease negotiation or property acquisition, store design and construction, equipment installation, opening inventory purchases, and franchisee training. The specific franchise agreement term is not available. Standard retail franchise agreements generally range from 5 to 10 years, with renewal subject to performance and compliance with system standards.

Agway operates in the Nursery and Garden Centers market, which is estimated at approximately $45 billion annually and has shown consistent consumer demand. The system has 20 franchised units out of 21 total units. The initial investment ranges from $77,000 to $651,000, and the initial franchise fee is $69,100. Agway’s Loan Activity Score is 39 and is categorized as Fair. The brand’s potential advantages include recognition, varied products, community relationships, and supply relationships. A buyer considering the opportunity should assess the investment range, operating model, local market, working capital needs, and the information in the complete FDD. PeerSense is a commercial capital advisory firm that introduces franchise buyers to SBA and conventional lenders. PeerSense is not a lender and does not fund or approve loans.

Loan Activity Score

39/100

SBA Default Rate

3.4%

Active Lenders

20

According to its Franchise Disclosure Document or public business records, Agway has 20 locations, all owned by franchisees. Public SBA loan records show 20 lenders made 29 loans to franchisees of Agway. PeerSense calculates Agway's score as 39 out of 100, using public SBA loan performance and recent lending activity.

20 locations

Investment

$77,000 to $651,000

Franchise Fee

$69,100

Total Units

20

20 franchised

Loan Activity Score
High
39
SBA Lending
22
Lender Quality
5
Transparency
4
Reach
5
Momentum
3

Proprietary PeerSense metric

Fair
Capital Sources
20SBA lenders

Distinct lenders in public SBA records for Agway

29

Total SBA loans

$293K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Agway

Loan Activity Score Breakdown

Established (25 to 99 loans)

High Confidence
39out of 100
Fair
Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety22/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence5/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency4/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint5/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

3.4%

vs 13.6% peer avg

SBA Loans

29

Total Volume

$8.5M

Active Lenders

20

2 selective

States

6

vs. SBA Sector Average

+10.2%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (3.4%)

Data Insights

Key performance metrics for Agway based on SBA lending data

SBA Default Rate

3.4%

10.2% below peer avg

SBA Loan Volume

29 loans

Across 20 lenders

Lender Diversity

20 lenders

Avg 1.4 loans per lender

Investment Tier

Significant investment

$77,000 to $651,000 total

Agway: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

1995

5 approvals. The best year on record for Agway.

Top SBA State

New Hampshire

8 SBA financed Agway locations, the densest operator footprint.

Average Loan Size

$293K

Median $220K. Use as a sizing anchor when modeling your own Agway unit.

Lender Concentration

31%

Moderately Spread

Share of Agway approvals captured by the top 3 SBA lenders.

Agway's SBA lending pipeline peaked in 1995 (5 approvals). Operator density is highest in New Hampshire with 8 SBA financed locations. Average funded ticket sits at $293K, with the median at $220K. Lender mix is moderately spread: the top three SBA lenders account for 31% of approvals. Meaningful choice exists, but specific lenders carry the brand.

Payment Estimator

Loan Amount$62K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$797

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Agway, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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Agway

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman