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Updated RecentlyTim Hortons vs NYC Bagel & Sandwich Shop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs NYC Bagel & Sandwich Shop 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 | $119,000 - $208,000 |
| Franchise Fee | $35,000 | $29,500 |
| Royalty Fee | 4.5% | 5% |
| Advertising Fee | 4% of Gross Sales | $300 - $600 |
| Year Founded | 1964 | - |
| Year Franchised | 1965 | - |
| 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) | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
| Support | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
| Marketing | Ad slicks, Regional advertising | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
| 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 | - |
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.
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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#44 on Franchise Rankings.com
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 NYC Bagel & Sandwich Shop
Looking for a food franchise that has incredible growth potential and over 20 years of proven success?
Look No Further. NYC Bagel & Sandwich Shop, the #1 bagel and sandwich franchise in the country could be the franchise opportunity you have been looking for!!
At NYC Bagel & Sandwich Shop, we take great pride in our food and our exceptional franchise opportunity. We strive to provide our franchisees with the best tools and knowledge to run a successful local business, and we encourage owners to learn the skills that will allow them to own multiple units.
NYC Bagel & Sandwich Shop is the brainchild of an enterprising upstate New Yorker who saw the opportunities back in 1994 for making inroads in the franchise fast-food market. Now, you can find a NYC Bagel Franchise location in an area near you up and down the east coast and even out to Texas.
Look No Further. NYC Bagel & Sandwich Shop, the #1 bagel and sandwich franchise in the country could be the franchise opportunity you have been looking for!!
At NYC Bagel & Sandwich Shop, we take great pride in our food and our exceptional franchise opportunity. We strive to provide our franchisees with the best tools and knowledge to run a successful local business, and we encourage owners to learn the skills that will allow them to own multiple units.
NYC Bagel & Sandwich Shop is the brainchild of an enterprising upstate New Yorker who saw the opportunities back in 1994 for making inroads in the franchise fast-food market. Now, you can find a NYC Bagel Franchise location in an area near you up and down the east coast and even out to Texas.
What Makes NYC Bagel & Sandwich Shop Franchise Bagels Taste So Good?
- All NYC Bagel & Sandwich Shop locations get the bagels delivered to your store par-baked, so you don't have to "make them", just bake them. It's all in the New York water. You will be getting a "True New York Bagel" baked fresh daily no matter where you are across the US, ensuring you are getting a hot/fresh bagel each and every day.
- All NYC Bagel & Sandwich Shop locations get the bagels delivered to your store par-baked, so you don't have to "make them", just bake them. It's all in the New York water. You will be getting a "True New York Bagel" baked fresh daily no matter where you are across the US, ensuring you are getting a hot/fresh bagel each and every day.
- All NYC Bagel Franchise locations use premium Boars Head Meats and Cheese
products to live up to the "Sandwich Shop" name. With breakfast and
lunch served ALL DAY, who wouldn't want to go to NYC Bagel &
Sandwich Shop all hours of the day?
Why is NYC Bagel & Sandwich Shop growing rapidly across the US?
- Great Food
- Location Flexibility
- Low Investment, Start-Up Costs & Fees
- Location Flexibility
- Low Investment, Start-Up Costs & Fees
- Proven Operational and Control Systems