Crown Trophy Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$35,000
Investment required
$168,000 - $199,000
Royalty fee
5.00%

Crown Trophy: Leading the Way in Custom Awards and Recognition

Crown Trophy is a prominent franchise specializing in the creation of custom awards, including trophies, medals, plaques, and other recognition products. 

Founded in 1978 in Brooklyn, New York, the franchise has grown to become one of the largest award suppliers in the United States. Headquartered in Hawthorne, New York, Crown Trophy began franchising in 1987.

The franchise sets itself apart by offering personalized, high-quality products with a focus on customer satisfaction. 

This commitment to excellence has allowed Crown Trophy to establish a strong presence in the awards industry, catering to a diverse range of clients, from youth sports leagues to corporate recognition programs. With its extensive network of stores, Crown Trophy continues to be a leader in delivering exceptional recognition products across the country.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $35,000
Start-Up Package $78,000 - $88,000
Real Property $4,750 - $7,200 (total for 3 months)
Leasehold Improvements; Construction Costs $5,000 - $10,000
Signage $1,000 - $3,000
Furniture & Decor Items and Computer Hardware and Telephone System $6,000 - $7,000
Pre-Opening Salaries, Travel and Initial Training $1,500 - $3,000
Insurance $900 - $1,500
Zoning Expenses $0
Utility/Security Deposits $1,500 - $2,500
Professional Fees $1,500 - $3,500
Costs/Site Selection $0
Ancillary Equipment $3,000 - $3,500
Additional Funds $30,000 - $35,000
TOTAL $168,150 - $199,200

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Number of units

2023
Franchised units

138

137

136

Company-owned units

0

0

0

Total units

138

137

136

Franchise Disclosure Document

Training 

Crown Trophy provides comprehensive training to its franchisees to ensure they are well-prepared to run their businesses successfully. 

The training includes an initial program covering essential aspects of the business, such as product knowledge, customer service, marketing, and daily operations. 

Additionally, franchisees receive ongoing support and training to keep them updated on new products, technologies, and business strategies. This combination of initial and ongoing training helps franchisees build and maintain a successful Crown Trophy store.

Territory Protection

Crown Trophy franchise offers territory protection to its franchisees. Each franchisee is granted an exclusive territory, ensuring that no other Crown Trophy franchise can operate within that designated area. 

This exclusive territory is determined based on factors like population density and market potential, providing franchisees with the opportunity to grow their business without internal competition within the brand.

This territorial protection allows franchisees to focus on building their customer base and establishing a strong presence in their local market. By safeguarding the territory, Crown Trophy ensures that franchisees have the support they need to maximize their business potential and achieve long-term success.

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