Crown Trophy vs World Class Athlete Franchise Comparison

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

Start-Up Costs and Fees
 
Crown Trophy Franchise
World Class Athlete Franchise
Investment $168,150 - $227,700$150,000
Franchise Fee $35,000$22,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 19781976
Year Franchised 19871977
Term Of Agreement 5 years15 years +15
Term Of Agreement 5 years15 years +15
Renewal Fee --


Business Experience Requirements
 
Crown Trophy Franchise
World Class Athlete Franchise
Experience
  • Marketing skills
  • People skills; leadership potential
    		• -

    Financing Options
     
    Crown Trophy Franchise
    World Class Athlete 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
    World Class Athlete Franchise
    Training On-The-Job Training: 12 hours Classroom Training: 52 hours Additional Training: Annual franchise meeting
  • 1. Headquarters 3 Weeks
  • 2. On-Site 2 Weeks
    		•
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
  • Central Data Processing: At Additional Cost
  • Central Purchasing
  • Field Operation Evaluation
  • Field Training
  • Initial Store Opening
  • Inventory Control: At Additional Cost
  • Franchisee Newsletter
  • 800 Telephone Hotline
    		•
    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.

    		Average Number of Employees: 2 Full-time, 4 Part-time

    Passive Ownership: Not Allowed

    Expansion Plans
     
    Crown Trophy Franchise
    World Class Athlete Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    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 World Class Athlete

    WORLD CLASS ATHLETE offers a unique, specialty sporting goods concept. Product mix concentrates on athletic footwear, running, tennis and swimwear. Emphasis on race sponsorship, training programs and custom fitting. All major lines of footwear, accessories, warm-up suits and bags. Custom re-soling at Company-owned distribution centers. Founded by world class athlete Jeff Bond.