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Below is an in-depth analysis and side-by-side comparison of Blimpie vs Tim Hortons including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $74,780 - $422,200 | $135,300 - $2,068,500 |
Franchise Fee | $11,900 - $19,900 | $35,000 |
Royalty Fee | 6% | 4.5% |
Advertising Fee | 4% | 4% of Gross Sales |
Year Founded | 1964 | 1964 |
Year Franchised | 1970 | 1965 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 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. |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | 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. On-The-Job Training: 80 hours Classroom Training: 40 hours | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business |
Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Ad slicks, Regional advertising |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
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 | No |
International Expansion | Yes | Yes |
With the assistance of two companions and $2,500 in obtained start-up capital, Anthony Conza opened the primary Blimpie Subs and Salads area in Hoboken, New Jersey, in 1964. From that first store, Blimpie developed into a worldwide chain with eateries in shopping centers, malls, comfort stores, schools, sports fields, doctor's facilities and games fields. Every area serves an assortment of hot and icy subs, wraps, servings of mixed greens and soups. Blimpie International Inc. likewise claims Pasta Central, Maui Tacos and Smoothie Island. The organization is exchanged on the AMEX under the BLM symbol
.Bigger. Better. Blimpie.™
Shop meats and cheeses cut crisp to arrange. Natively constructed bread. New, tasty fixings. There's a reason our clients have been returning over and over since 1964. Blimpie's franchisees basically make greater and preferable sandwiches over some other sub shop in the classification.
For franchisees, Blimpie conveys more than simply incredible sandwiches. Our group gives the experience and skill important to help franchisees develop their business. Our parent organization, Kahala Brands, guarantees each Blimpie franchisee is bolstered by a portion of the best personalities in diversifying. Kahala's official group is in charge of propelling more than 2,000 establishment stores for many eatery brands, including Cold Stone Creamery®, TacoTime® and Planet Smoothie®. Also, devoted Kahala workers who are specialists in their field are relegated to lead showcasing, land, operations and preparing endeavors for each Kahala mark, including Blimpie.
Today, Blimpie is preferably situated over ever before with:
A straightforward plan of action with enduring backing
A fresh out of the box new in-store plan custom-worked for the present day, quick easygoing client
Diversion changing consumer loyalty programs
World-class establishment advancement administrations
An accomplished, franchisee-centered administration group
National brand acknowledgment
What's more, the direction expected to help manage franchisees toward way of life and money related objectives
Blimpie is the main sub establishment that offers franchisees the chance to dispatch a reasonable establishment business with a brand name that has been connected with the best, crisp cut subs available for over 50 years.
Truth be told, we'd jump at the chance to begin furnishing YOU with the data you have to survey to settle on a shrewd choice about your entrepreneurial future. If you don't mind set aside some opportunity to completely investigate the data made accessible to you on this site and call us to begin on building your own one of a kind Bigger, Better, Blimpie!.