Franchimp Summary Rating
Lower than 7% of peers
Franchise Summary
Description
This franchisee will operate a retail location under the name “Crown Trophy” which sells trophies, plaques, medals, desk accessories, laminations, promotional items and other similar products for sporting, education events and for social and business recognition (the “Products”) to retail and commercial customers. Franchisees will also have the opportunity to offer signs and related products and services as part of the franchise, under the name “Signs by Crown.”
Company Background
Founded in 1985, Crown Trophy is a family-owned and operated franchise business dedicated to providing the finest quality products and services to our customers. We offer a wide variety of trophies, plaques, medals, desk accessories, laminations and promotional items as well as signs for your home or office.
Franchise Opportunity
A lot of businesses need awards and recognition, but don't have the time or resources to design and order them. You need a high-quality, professional awards and recognition program, but you also need it to be fast, easy, and affordable. Crown Trophy is the perfect solution for your business award needs. We have a wide selection of Products that can be customized to fit your specific needs, and we offer fast, easy online ordering with no minimum order requirements.
Corporate Structure
To simplify the language in this Disclosure Document, “Crown Trophy,” “we” or “us” means Crown Trophy, Inc., the franchisor. “You” means the franchisee or the person or legal entity, including a corporation, partnership, LLC or other legal entity (collectively “legal entity”) and their owners, officers and directors, who is buying the franchise. We are a New York corporation that was incorporated on March 13, 1985. We do business under our corporate name only. Our principal place of business is 9 Skyline Drive, Hawthorne, New York 10532. We do not have a sales office at any location other than our principal place of business. We do not have any sales organization selling franchises. Since 1985, we have offered franchises for the establishment of businesses which sell all types of trophies, medals, plaques, ribbons, desk sets, laminations, promotional items and other similar products (the “Products”), for all sporting, educational, business and social events and occasions. We do not own or operate the type of business being franchised, except that our affiliate, Crown Awards, Inc., operates a catalog and Internet based awards business utilizing the Proprietary Marks. Neither we nor our affiliate has ever offered franchises in any other line of business. Our agent for service of process is listed in Exhibit B.
Franchise Types Available
| # | Type | Investment | Fees |
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Distribution of Crown Trophy Franchisees
Crown Trophy Franchise System Development in 2024
Historical Crown Trophy System Growth
FAQ
How much investment do I need to start my own Crown Trophy business?
Franchisees typically require at least $168,150 to $199,200 investment to get their Crown Trophy business started
What are the initial franchise fees for Crown Trophy?
Franchisees typically need to pay at least $118,000 in fees directly to Crown Trophy in order to earn the right to launch their business
How much money can I make with a Crown Trophy franchise? What are
the average revenues for a typical Crown Trophy business?
We haven’t done the math on how much revenue a typical
Crown Trophy brings in each year. We estimate that other
franchisees in the Retail industry generate
$1,153,118 revenue, so we would expect
Crown Trophy to generate a similar amount
How long do I need to commit to running a Crown Trophy unit? What
is my contractual commitment?
Crown Trophy franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$168,150 to $199,200
which is
Much Lower
than the $0 to $0 average in the Specialty Retail industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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