Crown Trophy vs Fleet Feet Sports Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Crown Trophy vs Fleet Feet Sports including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Crown Trophy Franchise
Fleet Feet Sports Franchise
Investment $168,150 - $227,700$187,000 - $413,000
Franchise Fee $35,000$38,000
Royalty Fee 5%4%
Advertising Fee -0.25%
Year Founded 19781976
Year Franchised 19871976
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee --


Business Experience Requirements
 
Crown Trophy Franchise
Fleet Feet Sports Franchise
Experience
  • Marketing skills
  • People skills; leadership potential
    		• -

    Financing Options
     
    Crown Trophy Franchise
    Fleet Feet Sports Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Crown Trophy Franchise
    Fleet Feet Sports Franchise
    Training On-The-Job Training: 12 hours Classroom Training: 52 hours Additional Training: Annual franchise meeting On-The-Job Training: 45-101 hours Classroom Training: 45-70 hours Additional Training: Existing stores
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Ad Templates Social media SEO Website development Email marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership allowed.

    		 8% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Crown Trophy Franchise
    Fleet Feet Sports Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Crown Trophy

    What started out as a part-time job in college has turned into a franchise with more than 148 stores nationwide. A physical education major in college, Chuck Weisenfeld took a job at a local sporting goods store to make extra money. Working in the store's trophy department, Weisenfeld saw how profitable trophies could be. After earning his degree and teaching in a high school for a few years, Weisenfeld finally quit teaching and opened his first Crown Trophy in Brooklyn in 1978. A few years later, he began offering franchises to his friends. Today the company creates and sells trophies and awards for various organizations and events.

    The estimated total investment necessary to begin operation of a Crown Trophy franchised business ranges from $168,150 to $199,200. This  includes initial fees ranging from $118,000 to $128,000 that must be paid to the franchisor or affiliate. If a franchisee incorporates the optional “Signs by Crown” business into its Crown Trophy business, the estimated total investment ranges from $186,150 to $227,700.
    Veteran Incentives  5% off franchise fee

    "Entrepreneur
    #393 in Franchise 500 for 2020.

    About Fleet Feet Sports

    Fleet Feet Sports offers you the opportunity to combine your passion for running and health with your determination to work for yourself. If you believe in yourself and want to help others become more healthy and active, this may be the next chapter in your life. We provide a proven business model with support from an experienced team of small business experts and retail leaders. Owning your own store can be fulfilling but can also be challenging. At Fleet Feet, Incorporated we promise that we will guide you through this journey. You will have access to Fleet Feet, Incorporated's experienced staff, a large pool of fellow franchisees who have been through all stages of the process, and access to our proprietary "best practices" that have been established by the Fleet Feet Sports network.


    #87 in franchise 500 for 2020.