Crown Trophy vs Bears Playgrounds Franchise Comparison

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

Start-Up Costs and Fees

 
Crown Trophy Franchise
Bears Playgrounds Franchise
Investment $168,150 - $227,700$149,800 - $422,500
Franchise Fee $35,000$25,000 - $35,000
Royalty Fee 5%6%
Advertising Fee -4%
Year Founded 1978-
Year Franchised 1987-
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee --


Business Experience Requirements

 
Crown Trophy Franchise
Bears Playgrounds Franchise
Experience
  • Marketing skills
  • People skills; leadership potential
  • -

    Financing Options

     
    Crown Trophy Franchise
    Bears Playgrounds Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Crown Trophy Franchise
    Bears Playgrounds Franchise
    Training On-The-Job Training: 12 hours Classroom Training: 52 hours Additional Training: Annual franchise meeting -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
    Marketing Ad Templates Social media SEO Website development Email marketing -
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership allowed.

    -

    Expansion Plans

     
    Crown Trophy Franchise
    Bears Playgrounds Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    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 Bears Playgrounds

    Custom built, nature inspired, cedar log playgrounds ideal for Commercial & Residential play.