| ||||
Updated RecentlyTim Hortons Franchise
Coffee shop and deli
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.
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.
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/
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Tim Hortons Franchise?
The investment required to open a Tim Hortons Franchise is between $135,300-$2,068,500. There is an initial franchise fee of $35,000 which grants you the license to run a business under the Tim Hortons name.
Individual Unit Costs
- Initial Investment:
$135,300-$2,068,500 - Initial Franchise Fee:
$35,000 - Royalty Fee:
4.5% - Advertising Fee:
4% of Gross Sales - Term of Agreement:
10 years
Click here to compare with
franchises similar to Tim Hortons
Tim Hortons to expand to China in deal with New York-based private equity group
Tim Hortons plans to open more than 1,500 of its coffee-and-doughnut shops in China over the next decade.The
expansion seeks to capitalize on the country's burgeoning coffee
culture and is the latest international location for the coffee chain
aiming to become a global brand."China's populatio...
Tim Hortons contest RRRoll up the rim winner: Red River College student wins car.
Red River College student Shelby Leclerc has won one of the grand prizes in the Tim Hortons Roll Up the Rim to Win contest.
Leclerc won when she rolled up the edge of a cup she bought at the Tim Hortons in the college's downtown campus.
She won one of 50 2015 Toyota Camry XSEs being given away...
Tim Hortons Franchise Major Part Of Rochester Hills Gas Station Makeover.
A long-standing Rochester Hills gas station is about to get an overhaul, an update which will give residents and commuters through the city another option for morning coffee.
The Mobil station is at 2995 Walton Blvd., at Adams Road, adjacent to both Oakland University and the Village of Rochester...
Tim Horton's Waterdown Franchise Owners Look Back
Flamborough franchise owners are gearing up for Tim Hortons 50th anniversary this weekend.
Clappison's Corners Tim Hortons owner Gina Piano said the store will have t-shirts and a donut birthday cake all day long May 17.
Piano, who has been a part of the Tim Hortons' family for 30 years, havin...
Tim Hortons Food Trucks Giving Away Free Beverages All Summer
Tim Hortons Cafe & Bake Shop is kicking off the summer season with the launch of four food trucks providing free, full-size samples of the chain's most popular iced and hot beverages at community events and summer outings.
The Coffee Cruisers also will visit area businesses surprising employees w...
Tim Hortons News & Press Releases
When did Tim Hortons start Franchising? 1965
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2013 | 807 | 3468 | 29 | 0 |
| 2003 | 134 | 2176 | 0 | 63 |
| 2002 | 0 | 0 | 0 | 0 |
| 2001 | 140 | 2060 | 0 | 120 |
| 2000 | 125 | 1880 | 0 | 120 |
| 1999 | 102 | 1630 | 0 | 256 |
United States: Indiana, Michigan, Minnesota, New York, Rhode Island, Virginia, Wisconsin,
International: Canada,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
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
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)
Business Experience:
Your income potential as a Tim Hortons Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
3 Other Franchises in this Family
Legal Disclaimer: This information is not a franchise offering for Tim Hortons and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Tim Hortons franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Tim Hortons
Tim Hortons
5707 Blue Lagoon Drive
Miami,
FL
33126
