|
Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs All The Perks Coffee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $135,300 - $2,068,500 | $50,000 - $250,000 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 4.5% | $175/month |
Advertising Fee | 4% of Gross Sales | - |
Year Founded | 1964 | - |
Year Franchised | 1965 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
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) | 7 days of intense training. Each new licensee is required to attend a 2 day coffee knowledge program at our roasting facility in Cleveland, OH. You may bring up to 4 others to this 2-day training. The 2-day program covers roasting techniques and proprietary blends, equipment operation and maintenance, and other product knowledge. In the week prior to your opening our trainers will spend 5 days with you and your staff providing hands-on training on procedures that range from drink preparation to machine maintenance, and customer service to inventory control. |
Support | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business | ALL THE PERKS ESPRESSO CAF� has developed systems and operating procedures that are designed to guide you in the operation of your coffee business. Our on-going support will assist you to maintain a high standard of quality and uniformity important to grow and maintain your client base. You will also receive an ALL THE PERKS Operations Manual and CD." |
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
THIS IS A BUSINESS OPPORTUNITY
THIS IS NOT A FRANCHISE
At All The Perks we're committed to supporting independent coffeehouses. We offer our strong branding concepts and still allow for a store's individual identity. Our combined experience of 70 + years has been providing comprehensive design assistance for 32 years to those opening a cafe or coffee shop. Our goal is to create the most functional and efficient floor plan for your new cafe saving you both time and money along the way. Our services provide all aspects of design & layout as well as sourcing and installation of all equipment, cabinetry & signage, menu planning, food service purveyors and barista training.
We offer:
* Standard Espresso Cafe
* Carts & Kiosks
* Double Drive Thrus
* Area Developer