Tim Hortons vs Seekers Coffee House & Cafe Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs Seekers Coffee House & Cafe including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tim Hortons Franchise
Seekers Coffee House & Cafe Franchise
Investment $135,300 - $2,068,500 $189,000 - $369,000
Franchise Fee $35,000 $20,000 - $25,000
Royalty Fee 4.5% 5%
Advertising Fee 4% of Gross Sales -
Year Founded 1964 2001
Year Franchised 1965 2002
Term Of Agreement 10 years 10 years
Term Of Agreement 10 years 10 years
Renewal Fee - $1K


Business Experience Requirements

 
Tim Hortons Franchise
Seekers Coffee House & Cafe Franchise
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

 
Tim Hortons Franchise
Seekers Coffee House & Cafe Franchise
  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

 
Tim Hortons Franchise
Seekers Coffee House & Cafe Franchise
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 Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Ad slicks, Regional advertising Co-op advertising, Ad slicks
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)

0% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
Tim Hortons Franchise
Seekers Coffee House & Cafe Franchise
US Expansion Yes -
Canada Expansion No No
International Expansion Yes No

Start-Up Costs and Fees Mobile

Investment
Tim Hortons Franchise
$135,300 - $2,068,500
Seekers Coffee House & Cafe Franchise
$189,000 - $369,000
Franchise Fee
Tim Hortons Franchise
$35,000
Seekers Coffee House & Cafe Franchise
$20,000 - $25,000
Royalty Fee
Tim Hortons Franchise
4.5%
Seekers Coffee House & Cafe Franchise
5%
Advertising Fee
Tim Hortons Franchise
4% of Gross Sales
Seekers Coffee House & Cafe Franchise
-
Year Founded
Tim Hortons Franchise
1964
Seekers Coffee House & Cafe Franchise
2001
Year Franchised
Tim Hortons Franchise
1965
Seekers Coffee House & Cafe Franchise
2002
Term Of Agreement
Tim Hortons Franchise
10 years
Seekers Coffee House & Cafe Franchise
10 years
Renewal Fee
Tim Hortons Franchise
-
Seekers Coffee House & Cafe Franchise
$1K


Business Experience Requirements

Experience
Tim Hortons Franchise

*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.

Seekers Coffee House & Cafe Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Tim Hortons Franchise
No/No
Seekers Coffee House & Cafe Franchise
No/No
Start-up Costs
Tim Hortons Franchise
No/No
Seekers Coffee House & Cafe Franchise
No/No
Equipment
Tim Hortons Franchise
No/No
Seekers Coffee House & Cafe Franchise
No/No
Inventory
Tim Hortons Franchise
No/No
Seekers Coffee House & Cafe Franchise
No/No
Receivables
Tim Hortons Franchise
No/No
Seekers Coffee House & Cafe Franchise
No/No
Payroll
Tim Hortons Franchise
No/No
Seekers Coffee House & Cafe Franchise
No/No

Training & Support

Training
Tim Hortons Franchise
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)
Seekers Coffee House & Cafe Franchise
-
Support
Tim Hortons Franchise
* The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business
Seekers Coffee House & Cafe Franchise
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Tim Hortons Franchise
Ad slicks, Regional advertising
Seekers Coffee House & Cafe Franchise
Co-op advertising, Ad slicks
Operations
Tim Hortons Franchise
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)

Seekers Coffee House & Cafe Franchise
0% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


Expansion Plans

US Expansion
Tim Hortons Franchise
Yes
Seekers Coffee House & Cafe Franchise
-
Canada Expansion
Tim Hortons Franchise
No
Seekers Coffee House & Cafe Franchise
No
International Expansion
Tim Hortons Franchise
Yes
Seekers Coffee House & Cafe Franchise
No

Company Overviews

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.
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Tim Hortons is the # 1 Canadian franchise for 2020.


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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/

About Seekers Coffee House & Cafe

NO LONGER FRANCHISING