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Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs Mr. Jims Pizza 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 | $70,000 - $100,000 |
Franchise Fee | $35,000 | $11,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | 4% of Gross Sales | 4% |
Year Founded | 1964 | 1975 |
Year Franchised | 1965 | 1981 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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. | - |
Financing Options |
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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 |
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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) | - |
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 | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Mr. Jim's Pizza is a chain of pizza delivery and pick-up restaurants.
Great products - perfected since 1976
Very low cost to entry
Big savings on food costs
First 21st Century Pizza Chain Strong brand and advertising support
Approved Small Business Administration (SBA) franchisor
All of our fresh hand-stretched dough is made fresh every day in every store. Our Originalâ„¢ style pizzas have more fresh toppings than any of our competitors. With each bite of an Original, you'll taste all the toppings, sauce and crust, whether it's our Sticky Fingers Pizza (loaded with eight toppings) or any of our create your own, specialty and premier pizzas.
But as the times have changed, so have we. Not everyone likes thick crust and many people are price conscious. So, in 2011 we launched our new Pizza D'Lish line, with thinner crust and a nice balance of toppings. In most of our stores, all large D'Lish pizzas sell for just $7.99. This product has been a fantastic addition to our full product line and has improved sales even during the down economy.