Tim Hortons Franchise

Coffee shop and deli


Tim Hortons is one of North America's largest developers and franchisors of quick service restaurants and one of the largest publically traded restaurant chains in North America based on market capitalization.

Founded in 1964 in Hamilton, Ontario, Canada, Tim Hortons is one of the fastest growing coffee and bakery franchises in America and an industry leader in same stores sales with more than 4,000 restaurants worldwide (as of April 1, 2013). Today, our U.S. restaurants are primarily located in New York, Michigan, Ohio, Indiana, Pennsylvania, West Virginia and Maine. We have plans to grow our franchise opportunities throughout the U.S. in the coming years.

We are far beyond coffee and donuts. Tim Hortons Cafe & Bake Shops is proud to serve "Always Fresh Premium Coffee," the coffee that has made us famous, as well as our always fresh baked goods, home-style soups, fresh sandwiches and wraps, hot breakfast sandwiches and specialty teas.

We offer a variety of menu items that entice guests to visit our restaurants during all day parts including breakfast, lunch, dinner and the fastest growing category is the QSR category, late night snacking.

From full-service restaurant franchises, to custom-built kiosks and a wide range of non-traditional venues, we build our restaurants to fit anywhere while maintaining the exceptional quality, freshness, convenience customers expect.

Tim Hortons Cafe & Bake Shops have become a daily ritual in the lives of our guests through the quality and value of our products. This brand loyalty has been earned in partnership with franchisees, which we call our restaurant owners, by delivering superior products and services to our guests and communities through leadership, innovation and partnerships.

So you can determine if a Tim Hortons Cafe & Bake Shop franchise opportunity is right for you, please fill out our form http://www.thefranchisemall.com/request/

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Please Note: The operators of Tim Hortons, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Tim Hortons website.

How much does it cost to open a Tim Hortons Franchise?

The investment required to open a Tim Hortons Franchise is between $48,450-$1,690,300. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Tim Hortons name.

Individual Unit Costs

  • Initial Investment:
    $48,450-$1,690,300
  • Initial Franchise Fee:
    $35,000
  • Royalty Fee:
    4.5% to 6% of Gross Sales
  • Advertising Fee:
    4% of Gross Sales
  • Term of Agreement:
    10 years


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Tim Hortons News & Press Releases

When did the first Tim Hortons open? 1964
When did Tim Hortons start Franchising? 1965

Year U.S.A. Canada International Corporate
2013 807 3468 29 0
2003 134 2176 0 63
2002 0 0 0 0
2001 140 2060 0 120
2000 125 1880 0 120
1999 102 1630 0 256

United States: Indiana, Michigan, Minnesota, New York, Rhode Island, Virginia, Wisconsin,

International: Canada,

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

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)

Support
* The use of all Tim Hortons Manuals
* Support from head office personnel who have vast knowledge in the food service business

Marketing
Ad slicks, Regional advertising

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)

Business 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.

  • Your income potential as a Tim Hortons Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.

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    Legal Disclaimer: This information is not a franchise offering for Tim Hortons and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Tim Hortons franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

    Tim Hortons

    Tim Hortons

    Tim Hortons
    4150 Tuller Rd., #236
    Dublin, OH
    43017

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