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Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs Community Coffee Company 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 | N/A |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 4.5% | - |
Advertising Fee | 4% of Gross Sales | - |
Year Founded | 1964 | 1919 |
Year Franchised | 1965 | 0 |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
International Expansion | Yes | - |
THIS IS A BUSINESS OPPORTUNITY THIS IS NOT A FRANCHISE Community Coffee Company is an importer, roaster and distributor of the highest quality premium coffees and teas. We serve customers in the foodservice, office, and convenience store channels. We reach customers throughout the Southeast via direct to store distribution and nationally via our distributor network. Our business is to operate, with the highest integrity, a dedicated team of sales, marketing and service professionals that market and distribute branded coffees, teas and related coffee and tea supplies. Our goal is to help you grow coffee and tea sales while building a long term business partnership. Responding to our customers' needs on a one-on-one basis has always been our top priority. We are committed to meeting and exceeding your expectations. Because everything we do has to be as good as our coffee. Office Coffee We offer a wide range of products to enjoy at the office, including everyday gourmet and specialty coffees, premium tea, hot cocoa, hot cappuccino, one-cup coffee and tea pods, brewing systems and more. Foodservice Our premium quality coffees, which are recognized by chefs across the South, are sure to enhance the guest experience at your restaurant or hotel. Convenience Stores Turn your store into a premium coffee destination with our quality products, responsive service, and marketing support. Water Systems Community Sure Source treats incoming tap water, providing your workplace with safe, clean water. Learn more at: http://www.communitycoffee.com/ForBusinesses#sthash.gtutnUfh.dpuf