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Updated RecentlyCrown Trophy vs Ultimate Watersports Pty Ltd Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Crown Trophy vs Ultimate Watersports Pty Ltd including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $168,150 - $227,700 | $100,000 - $200,000 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1978 | 2016 |
| Year Franchised | 1987 | 2019 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | $1,000 / Month |
Business Experience Requirements |
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| Experience | No qualifications required, however, the manager must have a Coxswains Grade 2 minimum and training in each activity required. Ultimate Watersports supplies internal training on all available activities. | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | On-The-Job Training: 12 hours Classroom Training: 52 hours Additional Training: Annual franchise meeting | All activity training is provided on site specific to the operation. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Ultimate Watersports share all information, waivers, incidents and new upgrades as a co-operative group. This means legal waivers are kept updated and new procedures across the board. |
| Marketing | Ad Templates Social media SEO Website development Email marketing | All marketing systems included are part of the licensing fee for software costs only. Campaign costs are to be covered by the licensee and can be done by our internal marketing department. |
| Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership allowed. | Each business operation is run on its own as its own entity using UWS branding, systems and IP. Once set up the operator keeps all profits and shares in the operating efficiencies and systems offered. Upon application, UWS must be able to see the site to assess before approval. Once the business plans are in place UWS can be contracted to proceed with the applications. Once the approvals are in place the full license agreement can be enacted. Full setup job flows will be supplied at this point to guide us on the opening date. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | Yes |
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
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About Ultimate Watersports Pty Ltd
Ultimate Watersports has the systems in place to include all watersports Activities with full insurance. Our safety management systems and insurance products are licensed and able to be customized to each new location with training provided. Our wholesale suppliers are also shared between us to reduce costs. Ultimate Watersports recommends the best for your location and will tailor the operation to the market.