Crown Trophy
The total investment to open a Crown Trophy franchise ranges from $38,000 to $419,160. The initial franchise fee is $35,000. Ongoing royalties are 5% plus a 2% advertising fee.
What is the Crown Trophy franchise?
Crown Trophy was founded in 1978 by Chuck Weisenfeld in Brooklyn, New York. The first location served schools, sports leagues, youth clubs, and corporations seeking awards, recognition products, and personalized gifts. Weisenfeld operated the concept for nearly a decade before formalizing the franchise system in 1987, giving the brand nine years of operating history before expansion through franchisee capital. Crown Trophy now operates in more than 40 states with approximately 134 to 150 franchised locations, depending on the reporting period, and describes itself as the largest awards supplier in the United States. Its corporate headquarters and primary warehouse are at 9 Skyline Drive in Hawthorne, New York, where a campus of over 100,000 square feet supports franchise operations, graphic design, and inventory distribution. Crown Trophy, Inc. was incorporated on March 13, 1985, and operates under its corporate name. Affiliate Crown Awards, Inc. manages the catalog and internet based business, separating retail franchise revenue from direct to consumer digital revenue. The brand has 46 years of operating history and a community focused model that still requires close financial review.
The awards and recognition business falls under NAICS category 453998, All Other Miscellaneous Store Retailers excluding tobacco stores. The category includes art supply stores, collectors' item retailers, party supply shops, monument dealers, and specialty gift retailers. The specific retail category is estimated at approximately $275 billion, with a compound annual growth rate of 3.5%. The broader miscellaneous store retailers market reached $799.21 billion in 2025 and is projected to reach $839.88 billion in 2026 at a CAGR of 5.1%, with growth to approximately $1.04 trillion by 2030 at a CAGR of 5.6%. Crown Trophy focuses on recurring demand for trophies, plaques, medals, crystal and acrylic corporate awards, custom engraving, personalized gifts, and other recognition products tied to sports seasons, academic calendars, and corporate recognition cycles. Demand also benefits from personalized products, experiential retail, technology adoption by small and mid sized businesses, and online to offline sales that connect local stores with internet leads. Online customization retailers remain a competitive risk. Local relationships, same day or next day engraving capabilities, and exclusive product lines give franchisees advantages that purely digital competitors cannot fully reproduce.
The initial Crown Trophy franchise fee is $35,000. Total investment ranges from $168,150 to $199,200 for a standard build out, or $186,150 to $227,700 with the Signs by Crown ancillary product package. The Start Up Package costs $78,000 to $88,000 and covers the core inventory and equipment base. Real property costs, including lease deposits, range from $4,750 to $7,200. Leasehold improvements and construction cost $5,000 to $10,000, signage costs $1,000 to $3,000, and furniture, decor, computer hardware, and telephone systems cost $6,000 to $7,000. Pre opening salaries, travel, and initial training cost $1,500 to $3,000. Insurance costs $900 to $1,500, utility and security deposits cost $1,500 to $2,500, professional fees range from $1,500 to $3,500, and ancillary equipment costs $3,000 to $3,500. The additional funds reserve is $30,000 to $35,000. Liquid capital is estimated at $50,000 to $60,000, while cited net worth requirements range from $50,000 to $1,000,000. The royalty is 5% of gross sales, and the advertising fund contribution is 2% to 3% of gross sales. Crown Trophy provides access to financing through third party providers and offers a veterans discount. The initial franchise agreement lasts five years, with renewal options for an additional five years.
Franchisees operate retail showrooms serving walk in customers and business to business accounts. Daily work includes trophy and plaque assembly, custom engraving, graphic design coordination, order management, inventory replenishment, and customer consultation. Products include trophies, plaques, medals, corporate awards, crystal and acrylic pieces, cups, frames, sculpture trophies, custom awards, personalized gifts, banners, and online engraving services. At least two employees are required to operate a store. The model is intended for hands on owner operators, although some duties can be delegated as the business develops. Training includes 52 hours of classroom instruction and 12 hours of on the job training. The Hawthorne, New York headquarters and its 100,000 plus square foot facility provide graphic artists and franchise support. Support services include email marketing, web development, lease negotiation guidance, security and safety training, proprietary and exclusive product access, and annual franchise meetings. Territories are exclusive within the designated locale. Larger metropolitan areas may support multi unit development, and the company assists franchisees pursuing regional expansion.
Crown Trophy has approximately 134 to 150 operating units across more than 40 states, reflecting decades of franchise activity. Its relatively stable unit count suggests that the model has supported ongoing operation, although results will differ by location. Recurring sports, academic, and corporate recognition cycles may provide more predictable demand than trend dependent retail. Investors should request audited or reviewed financial statements from existing franchisees and complete a minimum of ten franchisee validation calls before signing a franchise agreement.
Crown Trophy describes itself as the largest awards supplier in the United States and has operated continuously as a franchise system since 1987, representing more than 37 years of franchising experience. Its rankings in Entrepreneur's Franchise 500 across multiple years evaluate costs and fees, system size and growth, franchisee support, brand strength, and financial stability. The system's strengths include exclusive award products, a 100,000 square foot corporate facility with supply and graphic design capacity, recognition among institutional buyers such as school districts and corporate human resources departments, and more than three decades of franchisee experience. The company continues product development aimed at maintaining its position as America's number one awards supplier. Crown Awards, Inc. supports the catalog and internet based channel, which can build brand awareness and potentially direct customers to local stores. The business also fits demand for premium and customized recognition products. Risks include online only customization competitors, supply chain disruptions affecting awards and trophy manufacturing, and reduced school or corporate spending during economic downturns.
The intended franchise candidate is a relationship focused, community oriented entrepreneur with retail management skills and strong local networking ability. Institutional accounts with youth sports leagues, schools, clubs, nonprofits, and corporate clients are central to growth, making sales, education, community management, and youth sports experience useful backgrounds. Crown Trophy's stated axiom is Crown Trophy, Where Everyone Wins. Successful operators are expected to manage the store hands on while developing business to business relationships alongside walk in sales. Exclusive territory rights generally limit direct in system competition within a market. Larger metropolitan areas may support two or more locations. The five year initial agreement and five year renewal options offer medium term operating continuity. Territories are available across the United States, and the company seeks expansion candidates nationally. It does not accept inquiries from outside the United States. Veterans receive a franchise fee discount.
Crown Trophy offers 46 years of operating history, 37 years of franchising experience, a 100,000 square foot corporate support facility, and a position as the largest awards franchise system in the United States. Its model depends on recurring institutional demand, exclusive products, and territory protection that can support local account development. PeerSense assigns a Loan Activity Score of 46 and a Fair rating, indicating a need for careful review of unit economics, local market conditions, and competition from online customization platforms. The total investment ranges from $168,150 to $227,700, with a 5% royalty and a 2% to 3% advertising contribution. This places the concept among more accessible retail franchise investments than categories requiring $500,000 or more, but the investment still requires independent due diligence. PeerSense offers franchise research covering SBA lending history, Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for evaluating Crown Trophy against franchise opportunities in the same investment range and industry category.
Loan Activity Score
46/100
SBA Default Rate
7.0%
Active Lenders
37
According to its Franchise Disclosure Document or public business records, Crown Trophy has 44 locations, all owned by franchisees. Public SBA loan records show 37 lenders made 57 loans to franchisees of Crown Trophy. PeerSense calculates Crown Trophy's score as 46 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document.
Franchising since 1978 · 44 locations
$38,000 to $419,160
$35,000
44
44 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Crown Trophy
57
Total SBA loans
$130K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Crown Trophy
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
7.0%
vs 9.9% peer avg
SBA Loans
57
Total Volume
$7.4M
Active Lenders
37
3 selective
States
26
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Crown Trophy based on SBA lending data
SBA Default Rate
7.0%
2.9% below peer avg
SBA Loan Volume
57 loans
Across 37 lenders
Lender Diversity
37 lenders
Avg 1.5 loans per lender
Investment Tier
Mid range investment
$38,000 to $419,160 total
Crown Trophy: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2003
5 approvals. The best year on record for Crown Trophy.
Top SBA State
Texas
8 SBA financed Crown Trophy locations, the densest operator footprint.
Average Loan Size
$130K
Median $89K. Use as a sizing anchor when modeling your own Crown Trophy unit.
Lender Concentration
28.1%
Moderately Spread
Share of Crown Trophy approvals captured by the top 3 SBA lenders.
Crown Trophy's SBA lending pipeline peaked in 2003 (5 approvals). The last five fiscal years account for 5% of cumulative volume ($588K approved). Operator density is highest in Texas with 8 SBA financed locations. Average funded ticket sits at $130K, with the median at $89K. Lender mix is moderately spread: the top three SBA lenders account for 28.1% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$393
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Crown Trophy, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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