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Updated RecentlyCrown Trophy Franchise
Trophy and awards retailer.
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.
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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How much does it cost to open a Crown Trophy Franchise?
The investment required to open a Crown Trophy Franchise is between $168,150-$227,700. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Crown Trophy name.
Individual Unit Costs
- Initial Investment:
$168,150-$227,700 - Initial Franchise Fee:
$35,000 - Royalty Fee:
5% - Advertising Fee:
N/A - Term of Agreement:
5 years
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Crown Trophy Opens 93rd & 94th Locations
Crown Trophy, the Hawthorne, NY based franchisor of trophy and awards franchise centers announced the opening of its 93rd and 94th locations. Crown Trophy is the only franchise in the awards industry in America and the largest retailer of trophies and awards in the country. Crown began its National ...
Crown Trophy Ranked #28 In National Franchise Survey
Success Magazine has ranked Crown Trophy, the largest supplier of awards in America and the fastest growing chain in the awards industry, as one of America's most recognized franchise systems. Success Magazine has been doing this national survey of franchise companies for more than a decade. They ha...
Crown Trophy Opens 80th Location
Crown Trophy, the largest retailer of trophies and awards in the country and the only franchise in the industry announced the opening of its 80th location. The tremendous surge in growth has made Crown's goal of having 100 locations by the end of the year a distinct reality.
Nick Gimpel, Vice Pres...
Crown Trophy News & Press Releases
When did Crown Trophy start Franchising? 1987
United States: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): Diamond Finacial
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
10% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 2
Absentee ownership allowed.
Business Experience:
To calculate how much income a franchise owner can do at Crown Trophy Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Crown Trophy and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Crown Trophy franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Crown Trophy
Crown Trophy Inc.
9 Skyline Dr.
Hawthorne,
NY
10532