| ||||
Updated RecentlyCrown Trophy vs Pro Image Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Crown Trophy vs Pro Image including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $168,150 - $227,700 | $155,500 - $536,700 |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | - | - |
| Year Founded | 1978 | 1985 |
| Year Franchised | 1987 | 1986 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
||
| Training | On-The-Job Training: 12 hours Classroom Training: 52 hours Additional Training: Annual franchise meeting | On-The-Job Training: 25-50 hours Classroom Training: 25-50 hours Additional Training: At store opening |
| 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 | 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. | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| 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
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Pro Image
Pro Image Sports, the fun, fast-paced world of sports fan
stores. Join our owners, working in a multi-billion dollar industry
you’re passionate about. College and professional sports dominate our
culture. Sports fanaticism is growing by the day. Customers seeking
fashion or fan gear find their way to Pro Image Sports stores across the
nation.
Pro Image is a sports fan's dream come true. We are the nation's largest licensed sports apparel gift shop, with franchises coast to coast. Die-hard fans migrate to our stores from all over to find their favorite team's gear.
A Superb Sports Franchise for Fans and Entrepreneurs. If you are one of thousands dying for a chance to work in sports, this is the business opportunity you've been waiting for. Now is the time for you to own a sports franchise, and work in an environment where you talk, sell and live sports! Pro Image Franchises is a great option for entrepreneurs looking for a low-risk, steady growth business with a relatively low investment requirement.
"I chose Pro Image over several other franchises because of the support from the home office. The prevailing attitude was that their #1 job was to help me be successful." - Lloyd Knellor, owner of two stores in Tennessee for 19 years
Pro Image Franchises, LC has been the largest sports franchise in the nation for 23 years. Our stores have developed a strong following from customers that know we are the place to go for authentic and licensed sporting goods they cannot find anywhere else.