Crown Trophy Franchise FDD, Profits & Costs (2025)
Crown Trophy, founded by Chuck Weisenfeld in 1978 in Brooklyn, New York, is recognized as the largest retailer of award and recognition products in the United States.
It started franchising in 1987. The company is headquartered in Hawthorne, NY, and operates a large facility that includes its corporate office and warehouse, covering over 100,000 square feet.
The franchise specializes in providing a wide variety of awards, such as trophies, plaques, medals, and corporate gifts. Crown Trophy has developed a unique niche by creating exclusive products available only at their franchise locations.
Initial Investment
How much does it cost to start a Crown Trophy franchise? It costs on average between $168,000 – $228,000 to start a Crown Trophy franchised store.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of retail location chosen, the geographical area, and whether the franchisee opts to lease or purchase the property.
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 mos.) |
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 | $168,000 – $199,000 |
“Signs By Crown” Additional Initial Investment | |
Start-Up Package | $16,500 – $25,500 |
Signage | $500 – $2,000 |
Miscellaneous | $1,000 |
Total | $186,000 – $228,000 |
Crown Trophy Franchise Disclosure Document
Frequently Asked Questions
How many Crown Trophy locations are there?
As of the latest available data, Crown Trophy operates approximately 150 locations across the United States. These establishments are primarily franchise-owned, with each store serving its local community under the Crown Trophy brand. The company’s headquarters is located in Hawthorne, New York.
What is the total investment required to open a Crown Trophy franchise?
The total investment required to open a Crown Trophy franchise ranges from $168,000 to $228,000.
What are the ongoing fees for a Crown Trophy franchise?
Crown Trophy franchisees pay a 5% royalty fee on gross sales for access to the business model and support services. Additionally, they contribute 2-3% of gross sales as a marketing fee to fund national and regional advertising campaigns.
What are the financial requirements to become a Crown Trophy franchisee?
To qualify as a Crown Trophy franchisee, you are required to have a minimum net worth ranging from $50,000 to $1,000,000, ensuring you possess sufficient overall financial stability. Additionally, a liquid capital requirement of $50,000 to $60,000 is necessary, indicating the availability of readily accessible funds to cover initial expenses and operational costs.
Who owns Crown Trophy?
Crown Trophy is owned by its founder, Chuck Weisenfeld, who established Crown Trophy in 1978 and continues to oversee its corporate operations from the headquarters in Hawthorne, New York. The brand operates as a franchise system, with each location independently owned and managed by franchisees.
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