Crown Trophy Franchise Opportunities
Crown Trophy Inc. is the largest retailer of award and recognition products in the country. First Crown Trophy store was opened on Avenue U in Brooklyn, NY in 1978 by Chuck Weisenfeld. It also provides franchise opportunities. As of 2018, the company owns and operates 139 franchises in US.
How much does Crown Trophy franchise cost?
Crown Trophy has the franchise fee of up to $35,000, with total initial investment range of $168,150 - $227,700.
Initial Investment and Startup Costs
| Type of expenditure | Cost |
|---|---|
| Initial Investment: | $168,150 - $227,700 |
| Net-worth Requirement: | $50,000 - $1,000,000 |
| Liquid Cash Requirement: | $50,000 - $60,000 |
| Initial Franchise Fee: | $35,000 |
| Ongoing Royalty Fee: | 5% |
| Late Payment and Interest | $100 per week |
| Manual Replacement Fee | $500 per volume |
| POS Support Services Fee | $1,200 per year or $125 per incident |
| Certified Training Designation | then-current fee; currently, $250 per visit |
| Training Materials | currently, $75 per person |
Support Options
On-The-Job Training: 12 hours
Classroom Training: 52 hours
Additional Training: Annual franchise meeting
Absentee Ownership: Allowed
Number of Employees Required to Run: 2
Crown Trophy Franchise Expansion Plans:
United States: Nationwide
International: no
Crown Trophy franchise info: https://www.crowntrophy.com/
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Starting investments from:$168,150
- Company foundation year:1978
- Year of launching the franchise:1987
- Franchise enterprises:139
- Corporate Address:Corporate Address: 9 Skyline Dr. Hawthorne, NY 10532, USA