Crown Trophy vs Hockey Experts Franchise Comparison

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

Start-Up Costs and Fees
 
Crown Trophy Franchise
Hockey Experts Franchise
Investment $168,150 - $227,700N/A
Franchise Fee $35,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19782007
Year Franchised 19872007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Crown Trophy Franchise
Hockey Experts Franchise
Experience
  • Marketing skills
  • People skills; leadership potential
    		• -

    Financing Options
     
    Crown Trophy Franchise
    Hockey Experts 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
    Hockey Experts 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
    Hockey Experts 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 Hockey Experts

    Hockey Experts is one of the newest banners to be added to the Forzani group of companies, having opened its first stores in Ontario and Quebec in 2007. Fuelled by a growing demand for hockey equipment, as Canada's sport continues its blistering pace of popularity, Hockey Experts is the best source for top quality hockey equipment and unmatched professional service from genuine hockey experts. Our buying power and brand partnership means that we can carry numerous lines of skates, sticks, protective gear and other hockey equipment across a variety of price points, for a variety of playing levels. Whether adult or junior, recreational or competitive, and whether you plan to train on-ice or off, Hockey Experts is absolutely a one-stop shop, offering almost every top-level hockey product on the market today. For more information about store hours and locations please visit www.hockeyexperts.ca