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Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs Rollerz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $135,300 - $2,068,500 | $138,900 - $456,050 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | 4% of Gross Sales | 1% |
Year Founded | 1964 | 1999 |
Year Franchised | 1965 | 2000 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | 75% of then-current fee |
Business Experience Requirements |
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Experience | *An entrepreneurial drive and ability to build a high performing team. *Prior management experience. Experience in food service and/or restaurant operations is a plus. *A lifestyle that allows for the time commitment required to launch and build a franchise restaurant. *Net worth of $500,000 and liquidity in the amount of $300,000 (The full investment from a Tim Hortons could be over $1,600,000) *A personal passion and commitment to the development of the Tim Hortons brand. *Ability to exemplify and execute the Tim Hortons principles and standards of operation on a daily basis. *Understand the importance of being a community partner that is proud to represent Tim Hortons. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | New franchisees undergo an intensive seven week training program at the Tim Hortons University, located next to the Oakville, Ontario, head office. The facility includes classrooms and a fully operational Restaurant, providing trainees with intensive hands-on experience in the preparation of all Tim Hortons products. Strong emphasis is placed on food handling and hygiene procedures, Team Member relations, equipment maintenance and in-Restaurant security systems. * Seven (7) week training program in the Oakville, Ontario, at Tim Hortons University * A Restaurant opening crew/Manager of Operations Standards (MOS) to assist the opening of the Tim Hortons Restaurant (for a maximum period of two weeks) | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
Support | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Ad slicks, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
Operations |
58% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 - 30
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
Established in 1999, Rollerz™ was intended to take care of the developing demand of the wellbeing cognizant, in a hurry buyer. Our wrapped-to-request moved sandwiches and new plates of mixed greens offer clients a nutritious contrasting option to conventional fast food. We take incredible pride in utilizing just the most astounding quality, freshest fixings and consolidating everything at a reasonable cost.
We stand firm on our dedication to bolster our franchisees. When you turn into a Rollerz franchisee, we'll be close by all through the voyage of opening your store and past. Our committed group will help you with essential pre-opening strides, for example, site choice, outline and development, and in addition an amazing opening arrangement. Our working framework and industry encounter empowers us to keep the cost of section and working expenses as low as could be allowed.
Rollerz is putting forth establishments to qualified people for single unit establishments and in addition Master Franchise rights and Area Development Agreements. Rollerz looks for people who will advance the time and exertion important keeping in mind the end goal to understand the most extreme potential achievable from every establishment area.