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Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs San Francisco Sourdough Eatery 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 | $150,400 - $293,800 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | 4% of Gross Sales | 2% |
Year Founded | 1964 | 1999 |
Year Franchised | 1965 | 2003 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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. | Must have capacity to manage a fast paced *QSR $50,000 - $100,000 liquid assets / $250,000 net worth |
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) | Classroom Training: 7 days |
Support | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media 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) | Absentee Ownership Allowed Number of Employees Required to Run: 10 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
CONTROL YOUR FUTURE
Own one of the HOTTEST SANDWICH Franchises
Own a franchise in the hottest sandwich franchise today.
SAN FRANCISCO STYLE SOURDOUGH EATERY.
What makes SAN FRANCISCO STYLE SOURDOUGH EATERY better? Every sandwich is crafted on warm sourdough bread. Our authentic sourdough soup bowls and our fresh salads include some of the tastiest recipes in the billion dollar sandwich market. SAN FRANCISCO STYLE SOURDOUGH EATERY offers one of the most affordable turnkey franchise packages available. Take control of your future, become a SAN FRANCISCO STYLE SOURDOUGH EATERY and enjoy the excitement and success of this premium sandwich franchise.
THE FUTURE LOOKS EXCEPTIONALLY BRIGHT FOR THE SANDWICH SEGMENT OF THE QSR INDUSTRY.
Sandwiches are the fastest growing category, with sales of quick service restaurants specializing in sandwiches reaching over $10 billion. With today’s trend toward healthier eating, the growth is likely to continue. In fact, it is projected that between now and 2020 sandwich sale increases will outpace both the hamburger and pizza QSR.
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For Texas franchising information please call Synecore at 1-855-218-7373 (SFSE).