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Updated RecentlyTim Hortons vs Tossed Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs Tossed 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 | $263,500 - $397,000 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 4% of Gross Sales | 1% |
| Year Founded | 1964 | 1998 |
| Year Franchised | 1965 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal 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. | Although a food background is certainly helpful, it is not required but we highly recommend your store operator be experienced in day to day food service operations. We are looking for franchisees that have a strong business background that can operate multiple units. Tossed is the ideal expansion vehicle for existing knowledgeable operators. More important than experience in the food service industry, you should have the following qualities: customer service orientation, the ability to train and motivate, enthusiasm, energy and willingness to follow our systems. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | 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) | A training team will train your management and staff with the necessary skills to provide excellent customer service. |
| Support | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business | Our franchise core is designed to provide you with the tools and support you need to make Tossed the first choice for potential customers. The support begins before you open your restaurant with a development team that will assist in creating the Tossed environment. Once your restaurant is open, ongoing follow-up support will be provided to insure that systems and specifications are in place. |
| Marketing | 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) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Tim Hortons
The total investment necessary to begin operation of a Co-Branded Restaurant franchise under a Franchise Agreement (excluding real property) ranges from $695,500 to $1,837,400 for a newly-built Co-Branded Restaurant and from $135,300 to $219,600 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant. This includes $466,000 to $686,500 for a newly-built Co-Branded Restaurant and $5,500 to $177,600 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant that must be paid to the franchisor or an affiliate.
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About Tossed
Our franchise program supports the franchisee whether you are a single unit operator, or you choose to build multiple locations. Benefits of a Tossed Regional Developer * Opportunity to own the exclusive rights to develop Tossed restaurants in your territory * The ability to recruit franchisees within your territory * Supervision over the development and operations of the franchisees operating within your territory * Receive half of the initial franchisee fees that are collected from franchisees in your territory * Receive half of the franchisee royalty fees that are collected from franchisees in your territory Duties * Construction * Preliminary real estate location analysis * Training * Lease negotiations * Pre/post opening support * Architectural/store layout * Marketing support As we expand across the country, we remain completely committed to providing the freshest, healthiest food and world class customer service.