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Crown Trophy Inc.

2014 Franchise 500
#450
At a Glance

Products & Services: Award and recognition items

Number of Locations: 144

Total Investment: $168.2K - $199.2K

Founded: 1978

Began Franchising: 1987

About Crown Trophy Inc.

Chuck Weisenfeld opened the first Crown Trophy store in Brooklyn, New York, in the summer of 1978. He began franchising the concept in 1987, and developed exclusive products that would be available only at Crown Trophy stores. Initially the business focused on providing awards and recognition items to local sports leagues, youth groups, clubs, schools and organizations. More recently, the company's offerings have expanded to include high-end corporate awards as well.

Franchise Units

Year U.S. Canadian International Company Owned
2013 144 0 0 0
2012 145 0 0 0
2011 148 0 0 0
2010 148 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $168,150 - $199,200
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 5% off franchise fee
Financial Requirements
Liquid Cash Available: $50,000 - $60,000
Operations
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 9 days. At franchisee's location: 4 days. Annual franchise meeting
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: In-house marketing materials, catalogs, exclusive products

Franchise Ranking History

Franchise 500®: #450 (2014), #399 (2013), #202 (2012), #194 (2011), #232 (2010),