CROWN TROPHY INC OR CROWN TROPHY

Item 7 lays out a relatively accessible entry with total investment ranging $168,150 to $199,200, including the $35,000 franchise fee. Ongoing fees hit 5% royalty plus 2% ad fund, plus a $142 monthly website services charge that adds up over time. No Item 19 means no disclosed earnings, forcing buyers to dig elsewhere for revenue insights—this absence is a red flag, as it obscures average unit performance in a business reliant on local custom orders for trophies, plaques, and signs.

System health shows mixed signals: 129 locations after a -4% drop from 134 in 2023, with just 1 non-renewal and 4 transfers signaling low drama but stagnant expansion. Fifteen SBA loans averaging $228,440 suggest banks see merit for funding, likely covering builds in Hawthorne, NY-based units targeting schools, leagues, and businesses. For buyers eyeing retail stability without foodservice chaos, this could suit hands-on operators, but probe location saturation and e-commerce bans before committing.