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Promoted Opportunities

#345

Initial Investment

LOW: $168,150
HIGH: $227,700

Change in Units

-0.7% -1 UNITS (1 Year)
-2.1% -3 UNITS (3 Years)

Company Profile

Founded

1978

Franchising Since

1987 (30 Years)

Corporate Address

9 Skyline Dr. Hawthorne, NY 10532

CEO

Scott Kelly

Parent Company

Crown Trophy Inc.

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.

Financials

Financial Requirements

Initial Investment

$168,150 - $227,700

Net-worth Requirement

$50,000 - $1,000,000

Liquid Cash Requirement

$50,000 - $60,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

5%

Financing Options

Crown Trophy Inc. has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives


5% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 10 days

Additional Training: Annual franchise meeting

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 7th, 2016

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