Roly Poly vs Tim Hortons Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Roly Poly vs Tim Hortons including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$106,550 - $226,700 | $135,300 - $2,068,500 |
Franchise Fee |
$20,000 - $25,000 | $35,000 |
Royalty Fee |
4-6% | 4.5% |
Advertising Fee |
- | 4% of Gross Sales |
Year Founded |
1992 | 1964 |
Year Franchised |
1997 | 1965 |
Term Of Agreement |
10 years | 10 years |
Term Of Agreement |
10 years | 10 years |
Renewal Fee |
1/2 of current franchise fee | - |
Business Experience Requirements |
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 |
|
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/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
Additional training available as needed | 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, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | * 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 | Ad slicks, Regional advertising |
Operations |
75% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12
- 15
Absentee ownership of franchise is allowed. (80% 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 |
US Expansion |
- | Yes |
Canada Expansion |
No | No |
International Expansion |
No | Yes |
Company Overviews
About Roly Poly
It takes more than an awesome sandwich to make our Roly Poly world go round. Dedicated franchisees throughout the country have been working together over the last 10 years to build the Roly Poly reputation and fine tune the franchise system. Our original first year franchisees are still opening new stores and celebrating record breaking sales! What's the reason for this amazing franchisee success? Another of our favorite words, SIMPLICITY! The system that we have developed is simple, and when our system is followed, it works. We know that it's not always easy to match up the right franchisees to the right concept. How can you tell if our franchise system might be the right one for you? Ask yourself:
- Am I a team player?
- Am I willing to be the first one to get there and the last one to leave?
- Am I willing to work weekends and holidays?
- Am I a self starter?
- Am I a "people person" who enjoys customer service
- Am I willing to personally take out menus and samples to develop the business in my market?
- Am I long term goal oriented with staying power?
- Will Roly Poly be my full time job and have my total focus and commitment?
If you answered yes to all of the above questions then WE WANT YOU! Our successful team of franchisees and developers all have the same outlook and passion for the concept. The following criteria will also help determine how suitable Roly Poly is for you:
- Roly Poly is most successful as an owner operated concept. Our concept requires the TLC that we believe only comes from motivated coworkers working hand in hand with dedicated owners.
- Roly Poly thrives in upper middle class market area locations. We look for the shopping areas patronized by the most upscale residential neighborhoods with a customer mix of upscale residential, office workers, hospital/medical professionals, retail workers and students.
- Our ideal size is 1,000 - 1,400 square feet
- Our busiest stores operate 7 days a week with 75% / 25% anticipated lunch/dinner business breakdown
- Most importantly we look for special franchisees that recognize Roly Poly as a concept that will thrive in their neighborhood market area and have a desire to make Roly Poly a part of their business community. The right franchisee knows the right locations for Roly Poly. We look for franchisees that are already a part of the community.
About Tim Hortons
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.
The total investment necessary to begin operation of a Tim Hortons
franchise under a Franchise Agreement (excluding real property) ranges
from $298,650 to $1,394,000 for a Non-Standard Shop/Kiosk, and from
$1,009,000 to $2,068,500 for a Standard Shop. This includes $103,100 to
$496,400 for a Non-Standard Shop/Kiosk and $389,600 to $511,400 for a
Standard Shop that must be paid to the franchisor or an affiliate.
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.
Tim Hortons is the # 1 Canadian franchise for 2020.
#44 on Franchise Rankings.com