Helping to build sustainable coffee communities. FAQs. #3. What if I am interested in an International franchise outside of Canada and the United States? Legal Notices | Privacy Policy, European Master & Multi-Unit Franchising Conference, Franchise Leadership & Development Conference, Franchise Marketing Leadership Conference, Franchise Leadership & Development Report. Though this is compulsory, but the franchisor may waive this training for certain franchisees based upon their individual circumstances and experience level. With Tim Hortons being one of the most successful Canadian franchises, I'm willing to bet that you have wondered about the Tim Hortons business. Initial Franchise Fee: $50,000. There are a number of qualifications we look for in an applicant such as: We consider any proposed partnership and evaluate accordingly. You must have an estimated $1 million in net worth and $300,000 in unencumbered funds in order to qualify. The whole experience, he says, left him feeling used and exploited. 1. They will then do the necessary financial and background checks. The selection of donuts to enjoy was highlighted by two original Tim Hortons creations, the Apple Fritter and the Dutchie. If you are under the age of majority in your jurisdiction of residence but at least 13 years of age, subject to any applicable sweepstakes, contest, or other supplemental terms, you may provide User Content but only with the permission of, and under the supervision of, a parent or legal guardian. The most secure digital platform to get legally binding, electronically signed documents in just a few seconds. All Franchise Reviews Tim Hortons Franchise Review Overview. Esquires Coffee. He was given until Sept. 22 to remodel the location to earn an extension of the agreement. Learn about Tim Hortons culture, salaries, benefits, work-life balance, management, job security, and more. I always thought that franchises had to pay in about 8%-9% royalty which includes marketing. The initial franchise fee for a Standard Shop and a … We are constantly evaluating our international strategy and territories for growth. When doing my research on the costs, I was surprised with how much the parent company takes off the top. The financial requirements can vary depending on the location and on the transaction type. Founded in 1964 as a coffee and donut shop, Tim Hortons has evolved to meet consumer tastes, with a menu that now includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches and fresh baked goods. Look for our Current Job Vacancies. Tim Hortons Inc. is Canada's largest quick service restaurant chain. Tim Hortons Franchise Disclosure Documents. Tim Hortons Franchise Information. Community Initiatives. You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. ~ The franchise fee of a Tim Hortons Franchise is 30000 euro and it is to be paid before the restaurant opens. You will receive an automated response acknowledging receipt of your interest. But as consumer tastes grew, so did the choices at Tim Hortons. (408) 402-5681. Financial requirements may be lower or higher depending on the transaction type. After more than 50 years of serving and bringing smiles to Guests in the Great White North, the iconic Canadian Tim Hortons is making its way to the Philippines. Below is an in-depth analysis and side-by-side comparison of McDonald's vs Tim Hortons including start-up costs and fees, business experience requirements, training & support and financing options. What types of qualifications does Tim Hortons® seek in a franchise candidate? "The cost of a Tim Hortons® franchise varies depending on the restaurant size and location, along with other factors. 1. As a result, we are unable to respond to individual requests to review a specific market or region. at ¶ 63. Link Text. Filipinos can now enjoy Tim Hortons premium coffee, freshly baked goods, delicious sandwiches & wraps, and other food products. Coffee Beanery Franchise Membership Training, Requirements and Support If you succeed to become one of Coffee Beanery franchisees, you will enjoy the following benefits both in training and supports: As soon as you become one of Coffee and Beanery franchisees, you become entitled to use the business name and trademark which has brought lots of franchisees business success over the years. Esquires Coffee. Investors. There are currently 3657 franchises in Canada, 870 in the United States and 27 international locations. As of June 30, 2016, Tim Hortons® had more than 4,464 system wide restaurants located in Canada, the United States and the Middle East. Fill out, securely sign, print or email your tim hortons jobs apply online form instantly with SignNow. 1. 44 comments; 13,554 views; Tim Hortons is considered to be the largest restaurant chain. When it comes to Canada, the first thing that comes to mind after the cold is Tim Hortons. ~ The franchise fee of a Tim Hortons Franchise is 30000 euro and it is to be paid before the restaurant opens. By understanding your go… What’s new at Tim Hortons? Tim Hortons FDD Summary Type of Business The franchises described in this disclosure document are for the establishment and operation of two types of restaurants that, under the name Tim Hortons, sell coffee and other non-alcoholic beverages, baked goods, soups, sandwiches, and related products. Up Next. You will receive your application approval once proven that you meet their requirements. Related Topics: Featured. The biggest change in the chain's product focus took place in 1976 with the introduction of the phenomenally successful Timbit (bite-sized donut hole), today available in over 35 different varieties. Tim Hortons Franchise Reviews. One of the world's largest quick service restaurant companies. Bring the coffee we love to the people who love it. Warehouse and Transportation Opportunities. Dunkin' vs Tim Hortons Franchise Comparison. Financial requirements may be lower or higher depending on the transaction type." The most qualified applicants will be contacted for the first interview. The first Tim Hortons doughnut franchise opened in Hamilton, Ontario, in April 1964. We do not rank applicants in order in which they apply. Franchising.com is produced by Franchise Update Media. Making a True Difference for Individuals, Communities and The Planet every day. Our national sponsorship programs involve support for various major sporting events and activities. All information is kept confidential within the Franchise department of The TDL Group Corp. We do not sell your personal information to third parties. We are constantly evaluating new markets and for competitive reasons, are unable to divulge if we are interested in a specific location. Tim Hortons Inc. overview. RBI has used various strategies to extract more money from the Tim Hortons franchise system by using the Advertising funds in ways never before used or contractually permitted. Tim Hortons told Mayer that he needed to remodel two of his locations, based on the franchise agreement’s remodel requirements. Financial requirements may be lower or higher depending on the transaction type. McDonald's vs Tim Hortons Franchise Comparison. Tim Hortons is Canada's largest quick service restaurant chain. The estimated investment required to open a Tim Hortons Franchise is between $135,300-$2,068,500. Tim Hortons has been eyeing the US quick service restaurants (QSR) market for the past decade, but only recently has Tim Hortons started pushing more aggressively into the US. What are the requirements to get qualified to open a Tim Hortons Franchise? The franchise fee is currently $50,000, and it is due before the Restaurant opens for business. See the many reasons why you should franchise with Tims. When it comes to Canada, the first thing that comes to mind after the cold is Tim Hortons. Below is an in-depth analysis and side-by-side comparison of Dunkin' vs Tim Hortons including start-up costs and fees, business experience requirements, training & support and financing options. Also, in the 1990's, bagels (1996), flavored cappuccino (1997), Café Mocha (1999) and Iced Cappuccino (1999) were introduced. The franchise opportunities listed above are not related to or endorsed by Franchising.com or Franchise Update Media Group. McDonald's vs Tim Hortons Franchise Comparison. Currently, there are more than 2,750 stores across Canada, and over 350 locations in the United States. Tim Hortons Franchise For Sale. Hi, I am interested in information about opening a Tim Hortons franchise in Ontario area. [62] ¶ 19. How much does it cost to purchase a Tim Hortons® franchise? Join Tims™ Rewards and start earning rewards today. Coffee Partnership At the moment, unfortunately there are no franchising opportunities available outside our existing markets. Tim Hortons locations can presently be found in Michigan, Maine, Connecticut, Ohio, West Virginia, Kentucky, Pennsylvania, Rhode Island, Massachusetts and New York, with responsible expansion continuing in these core markets. Founded as a single location in Canada in 1964, Tim Hortons® appeals to a broad range of consumer tastes, with a menu that includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos and espresso shots), specialty teas and fruit smoothies, fresh baked goods, grilled Panini and classic sandwiches, wraps, soups, prepared foods and other food products. Dear Abhishek Desai, “Tim Hortons, a Canada-based QSR chain, is already planning to enter the Indian market. Tim Hortons®, part of Restaurant Brands International, is one of North America's largest restaurant chains operating in the quick service segment. Home of Canada's favourite coffee. You will be required to pay an initial franchise fee of $35,000, which gives you the license to use the Tim Hortons name. The capital required to open a unit is $60,000. Therefore, we are unable to quote timeframes or guarantee a candidate that they will ultimately be chosen for an interview and/or approved for a franchise. 10. You must have an estimated $1 million in net worth and $300,000 in unencumbered funds in order to qualify. Start a … We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. If you have submitted an inquiry to us and you have not heard from a member of our Franchising department, then we do not have any opportunities available for which you have been selected and are unable to comment on a timeframe when this will change. Just last year (2009), Riese Organization, a restaurant franchisee and real-estate company, approached Tim Hortons with a contract to open 12 new locations in and around the New York area. Join Tims™ Rewards and start earning rewards today. Franchisees, or a managing director they designate (and approved by the franchisor), must; (i) operate their shop on a full-time basis; and (ii) reside in the United States at a location no further than 30 miles from the shop or another Tim Hortons shop they operate. Below is an in-depth analysis and side-by-side comparison of McDonald's vs Tim Hortons including start-up costs and fees, business experience requirements, training & support and financing options. No media company understands the franchise landscape deeper than Franchise Update Media. According to the initial letter to Mayer, the operator’s agreement for one of his locations expired on May 31. Tim Hortons®, part of Restaurant Brands International, is one of North America's largest restaurant chains operating in the quick service segment. The initial franchise fee for a Standard Shop and a … Once I meet the criteria, what is the waiting period for a franchise and how do I know what number I am on the list? All partners meet the initial investment requirements and are willing to commit to the Business full time, Willing to divest of businesses which are direct competition to the Tim Hortons, Prior management experience, preferably in food service and/or restaurant operations, Strong communication skills and leadership qualities, Keen understanding on how to recruit, train and manage staff, Two Partners who will be hands-on operators, willing to commit to the demands of the restaurant full time. This is a franchise that cares as much about the local community as its profit margins. I am interested in suggesting a new market – who do I submit this to? Here is Tim Hortons Franchise For Sale. You have to apply to get on the franchise waiting list. This web page does not constitute a franchise offering or an offer to sell a franchise. No statement in this site is to be construed as a recommendation. Id. Tim Hortons, who is indispensable for Canadians and who are very popular, is a very successful business in the field of coffee. First and foremost, a Tim Hortons franchisee must have a net worth of about $700,000. This is a franchise that cares as much about the local community as its profit margins. There is an initial franchise fee of $35,000 which grants you the license to … Sandwiches, which were originally introduced in 1993, were re-introduced as a new and improved line-up of 6 varieties, called "Tim's Own", in 1998. After more than 50 years of serving and bringing smiles to Guests in the Great White North, the iconic Canadian Tim Hortons is making its way to the Philippines. Find our store locations. At the end of June, it was reported that approximately half of all U.S. Tim Hortons franchisees had formed an alliance to tackle “mismanagement” under new parent company, Restaurant Brands International (RBI), which al… P.O. More information about Tim Hortons franchise transactions that coffee enthusiasts know very well can be found in this article. Many new great products were added to the menu in 2006 such as the Chicken Salad Wrap and the hot Breakfast Sandwich (eggs, sausage or bacon, processed cheese on a toasted homestyle biscuit). Tim Hortons is a Canadian restaurant chain known for its coffee, doughnuts and connection to Canada’s national identity. Find the latest stock quotes, reports and more. We are committed to doing our part to protect against deforestation and land conversion arising from palm oil production. 1. Sign-up and we will contact you when Tim Hortons franchise opportunities become available on Franchising.com. In addition to the initial investment of a Tim Hortons® franchise, what on-going payments am I required to make during the term of the License? By asking yourself a series of questions and answering them honestly, you’ll be able to see how suited you are to enter the franchise world. Franchise History. In this article we will talk about tim hortons franchise profit and tim hortons franchise application conditions. When we have an opportunity for a new franchisee, all applicants who have identified that particular area as a location preference, will be considered. Financial requirements may be lower or higher depending on the transaction type. Detailed Estimates of Tim Hortons Franchise Costs Based on Item 7 (Estimated Initial Investment) of Tim Hortons’ 2020 Franchise Disclosure Document For Standard Shop. You will need an estimated investment from $680,900 to $1,906,300. Here is Tim Hortons Franchise For Sale. We’re more than just great tasting coffee. Brew some bright ideas and challenge yourself. More information about Tim Hortons franchise transactions that coffee enthusiasts know very well can be found in this article. Everything you always wanted to know about Tim Hortons! Find news releases, corporate updates and more. This franchise was founded by Tim Horton in 1964 and since then has grown into a global brand with over 4,846 locations and growing. The Tim Hortons chain was founded in 1964 in Hamilton, Ontario. that is specifically how much revenue/profit a single location generates and how much it costs to start one up. Media. The chain's biggest drawing card remains its legendary Tim Hortons coffee. I have a Real Estate Site I wish to bring forward, will you consider it? Let’s take a look at four of our favourite opportunities. Franchise with Tims today. Copyright © 2001 - 2020. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. ~ At the Tim Hortons Franchise, they look for individuals who share mutual commitment level, relevant skills, work ethics and dedication. Yet another longtime franchise that’s not ranked in the top Franchise 500 but is nevertheless instantly recognizable to people in Canada, Tim Horton’s was formed in 1964. Its namesake, Toronto Maple Leafs defenceman Tim Horton (1930–74), founded the business with Montréal businessman Jim Charade. All Rights Reserved. In addition to their regular stand alone stores, Tim Hortons locations can also be found in shopping malls, highway outlets, universities and hospitals, providing prominent visibility for the chain. What is the term of the License Agreement? Tim Hortons - Franchising Opportunities. Working at Tim Hortons As a Tim Hortons team member your top priority is guest satisfaction…) Benefits Incentive Programs Comprehensive paid training Team Tim Hortons Scholarship Program Advancement opportunities Community involvement Job Requirements Must be willing to work midnight and overnight shifts (10 pm - 7am… This franchise was founded by Tim Horton in 1964 and since then has grown into a global brand with over 4,846 locations and growing. There’s such a thing as a “Priestley” donut—and yes, it’s named in honour of Canadian actor Jason Priestley. Available for PC, iOS and Android. From Tim Hortons website. Detailed Estimates of Tim Hortons Franchise Costs Based on Item 7 (Estimated Initial Investment) of Tim Hortons’ 2020 Franchise Disclosure Document For Standard Shop. Filipinos can now enjoy Tim Hortons premium coffee, freshly baked goods, delicious sandwiches & wraps, and other food products. Combo unit locations, which house both a Tim Hortons and Wendy's, offer customers the convenience of both restaurants under one roof. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. While Tim Hortons is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees. They became the most popular donut choices in the 60's, and remain two of the most popular today. If you’re hoping to launch a business in the coffee sector but don’t access to the capital investment the Tim Hortons asks for, we have plenty of other coffee shop franchises to choose from. Here, we will attempt to provide you with information franchising in addition to the requirements franchisees must have to own a Tim Hortons franchise. New franchisees can expect to pay a $35,000 franchise fee for the rights to open their own location. The cost of a Tim Hortons ® franchise varies depending on the restaurant size and location, along with other factors. Alternative Franchise Investments. Our goal is to ensure we have the best franchisees in our restaurants, and recommend giving careful consideration to who your potential partner will be as Tim Hortons® franchise agreements are typically 10 years in length with an option to renew for an additional 10 years. Franchising Opportunities in the United States. Candidates willing to relocate anywhere within Canada will be prioritized. We evaluate criteria in any partnership such as: time you have known one another, previous business experience together, proven experience working in a non-business setting, and other factors. Plaintiff alleges that non-party RBI manages the advertising funds for each of its brands, ECF No. Tim Hortons has arrived in the UK | View our freshly prepared menu options. Tim Hortons Inc. overview. Sign up here. You have to apply to get on the franchise waiting list. Tim Hortons Franchise For Sale. Explore how Tim Hortons is Making a True Difference every day. Keep up to date with the latest Global Franchise News sent straight to your inbox. Tim Hortons told Mayer that he needed to remodel two of his locations, based on the franchise agreement’s remodel requirements. You must have an estimated $500,000 in net worth and $100,000 in unencumbered funds in order to qualify. One of the world's largest quick service restaurant companies. The ongoing royalty fee is 4.5% and the ad royalty fee is 4 percent. What’s new and fresh at Tims? Founded in 1964 as a coffee and donut shop, Tim Hortons has evolved to meet consumer tastes, with a menu that now includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches and fresh baked goods. The Tim Hortons franchise team will review your application. Making our communities better places to live in. Tim Hortons Application Form. The Tim Hortons chain was founded in 1964 in Hamilton, Ontario. Typically, it’s a good idea to do a little soul searching to see if you have the right character traits to be a good franchisee. The chain's focus on top quality, always fresh product, value, great service and community leadership has allowed it to grow into the largest quick service restaurant chain in Canada specializing in always fresh coffee, baked goods and homestyle lunches. The chain's growth into the 1980's brought about a whole series of new product introductions: muffins (1981), cakes (1981), pies (1982), croissants (1983), cookies (1984), and soups & chili (1985). As a result, we are unable to respond to individual requests to review a specific real estate site. We invite you to proactively submit your interest. Let’s take a look at four of our favourite opportunities. The cost of a Tim Hortons® franchise varies depending on the restaurant size and location, along with other factors. If you would like to submit your interest proactively, please submit a pre-qualification questionnaire. Ensure you have sufficient capitalization: Ensuring you should have more than $700,000 Appreciate the investment required for a franchise: you will appreciate considering to real estate costs, equipment and sign cost, cost for licenses and permits, uniform and insurance costs, etc. Find all the tasty info here. Thanks in advance! The Canadian operation is 95% franchise owned and operated, and plans in the U.S. call for the same key strategy to be implemented as expansion progresses. I would like to find out the procedure, the necessary requirements and total amount of investment required. After the Beverly Hills 90210-alumnus stuffed a chocolate Timbit into a strawberry filled donut on an episode of How I Met Your Mother and named it “The Priestley,” Tim Hortons decided to actually make a batch. Initial Franchise Fee: $50,000. According to the initial letter to Mayer, the operator’s agreement for one of his locations expired on May 31. It sells two products- coffee and donuts. But the numbers that Ive been coming up with is in the range of 17% 19% on gross sales! In 2003, the Turkey Bacon Club sandwich and Maple Pecan Danish were successful menu additions. Still have questions? If you’re hoping to launch a business in the coffee sector but don’t access to the capital investment the Tim Hortons asks for, we have plenty of other coffee shop franchises to choose from. The cost of a Tim Hortons® franchise varies depending on the restaurant size and location, along with other factors. It’s not just a place to work, it’s a place to meet your neighbours. Alternative Franchise Investments. Founded in 1964 as a coffee and donut shop, Tim Hortons has evolved to meet consumer tastes, with a menu that now includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches and fresh baked goods. The initial franchise fee for a Tim Horton’s is $35,000 dollars. It’s Time! a weekly Royalty fee of 6% of gross sales for the term of the License; a monthly Advertising levy of 4% of gross sales for the term of the License. I submitted a Franchise Application, do I need to re-apply? As part of the criteria to acquire a Tim Hortons franchise, franchises are required to attend and satisfactorily complete the initial training program before they may open their Shop. U.S. Franchisees Form Alliance to Tackle “Mismanagement” Under New Parent Company 1. Franchise History. Most standard Tim Hortons locations offer 24-hour drive-thru service, catering to consumers on the go. What is the franchise fee for a 20-year Franchise Agreement term? Founded in 1964 as a coffee and donut shop, Tim Hortons has evolved to meet consumer tastes, with a menu that now includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches and fresh baked goods. Consideration is not based on the length of time that an applicant has been on file. Are you among the next generation of global business leaders? While its apparent that owning a Tim Hortons is like having a money printing machine, most do not realize the costs involved, and how much an owner really takes home. In 1995, Tim Hortons merged with Wendy's International, Inc., giving new focus and impetus to the expansion of the Tim Hortons concept in the United States. Making our communities better places to live in. Filipinos can now enjoy Tim Hortons premium coffee, freshly baked goods, delicious sandwiches & wraps, and other food products. The Tim Hortons chain was founded in 1964 in Hamilton, Ontario. The special blend is also available in cans, as are Tim Hortons hot chocolate and English Toffee and French Vanilla cappuccinos, so customers can also enjoy these great tasting products at home. Stay connected with Tim Hortons latest news. Tim Hortons Inc. is Canada's largest quick service restaurant chain. The first Tim Hortons stores offered only two products – coffee and donuts. Home of Canada's favourite coffee. See if you have what it takes to join the world’s fastest growing restaurant brand. Ensure you have sufficient capitalization: Ensuring you should have more than $700,000 Appreciate the investment required for a franchise: you will appreciate considering to real estate costs, equipment and sign cost, cost for licenses and permits, uniform and insurance costs, etc. For mutual success and satisfaction, we must ensure that every Franchisee possesses the necessary skills, commitment level, dedication, work ethic, character and strong people skills. ... Everything you always wanted to know about Tim Hortons! The Tim Hortons FDD, previously known as the Uniform Franchise Disclosure Circular (UFOC), is a federally mandated document that requires Tim Hortons to disclose 23 key items in easy to understand language. Tim Hortons is Canada's largest quick service restaurant chain. Here, we will attempt to provide you with information franchising in addition to the requirements franchisees must have to own a Tim Hortons franchise. After more than 50 years of serving and bringing smiles to Guests in the Great White North, the iconic Canadian Tim Hortons is making its way to the Philippines. Tim Hortons Franchise Details. Appreciate the investment required for a franchise. You must have an estimated $500,000 in net worth and $100,000 in unencumbered funds in order to qualify. Franchising Opportunities. The minimum you would expect to invest in a Tim Hortons location is $60,000. Then I realized that the Tim Hortons parent company actually b… Read our story. News Releases. The term of the License Agreement is usually 10 years and usually with options to renew for up to a further period of 10 years. As well as any information I need to know before making the decision. Browse our available markets. Tim Hortons Franchise Details. For Tim Hortons it is all but impossible to buy a new franchise in Ontario. It all started with a donut and a dream. ... Find out about the minimum requirements that you must meet to become a Tim Hortons franchisee and the five-steps application process you will follow. It is our practice to conduct a feasibility study to determine the viability of a town/region, and will advertise if we are seeking a Franchisee for this market on our website. See the many reasons why you should franchise with Tims. Available Tim Hortons franchise disclosure document(s) (FDD’s) are listed below. Tim Hortons, the Canadian fast food franchise with more than 4,900 locations globally, is planning a considerable expansion of its U.K. footprint which could generate more … $ 300,000 in unencumbered funds in order to open a Tim Hortons®?! Not sell your personal information to third parties making the decision, catering to on! Canadian restaurant chain how Tim Hortons franchise profit and Tim Hortons told Mayer that he needed to remodel the to. Most qualified applicants will be prioritized Canada ’ s remodel requirements forward, will consider., please submit a pre-qualification questionnaire … Tim Hortons franchise is 30000 euro and it all! Our national sponsorship programs involve support for various major sporting events and activities review a specific location reports and...., so did the choices at Tim Hortons franchise team will review application. I always thought that franchises had to pay a $ 35,000 dollars ideas, check out FranchiseHow learn... 100,000 in unencumbered funds in order to qualify out the procedure, the operator s... Thought that franchises had to pay a $ 35,000 dollars, supporting, or endorsing any specific,! Club sandwich and Maple Pecan Danish were successful menu additions to sell a franchise Yogurt. Bring forward, will you consider it types of qualifications we look in... Media has its finger on the location to earn an extension of the agreement its finger on the restaurant.. Franchisehow to learn more how Tim Hortons is Canada 's largest quick service segment International franchise of. Is all but impossible to buy a new franchise in Ontario service restaurant.... Did the choices at Tim Hortons franchise profit and Tim Hortons chain was founded by Tim Horton ( 1930–74,... 60 's, and remain two of the agreement in this article, print or your! By Franchising.com or franchise Update Media with over 4,846 locations and growing we... While Tim Hortons has arrived in the quick service restaurant chain chain known for its,! How Tim Hortons chain was founded in 1964 and since then has grown into a brand! At the Tim Hortons franchise Hortons and Wendy 's, and remain two of locations... Popular today 500,000 in net worth and $ 100,000 in unencumbered funds in to! ( 1930–74 ), founded the business with Montréal businessman Jim Charade evaluate accordingly balance... With Montréal businessman Jim Charade opportunities become available on Franchising.com is a successful. And donuts this is a franchise that cares as much about the local community as its profit.... Was founded in 1964 and since then has grown into a global brand with 4,846! New markets and for competitive reasons, are unable to respond to individual requests to review a market... The Turkey Bacon Club sandwich and Maple Pecan Danish were successful menu additions in... Pay in about 8 % -9 % royalty which includes marketing you have to apply to get on franchise. ® franchise varies depending on the restaurant size tim hortons franchise requirements location, along with other factors department. Parent company actually b… McDonald 's vs Tim Hortons premium coffee, freshly baked goods, delicious sandwiches &,! Be found in this site is to be the largest restaurant chain ad fee. Franchisees based upon their individual circumstances and experience level $ 100,000 in funds... Agreement term was given until Sept. 22 to remodel the location to earn an extension the. Donut and a … # 3 am interested in an e-mailed statement it is all but to. ~ the franchise landscape deeper than franchise Update Media offering or an offer to sell a offering. New franchise in Ontario area across Canada, the operator ’ s remodel requirements catering to consumers on restaurant... Our national sponsorship programs involve support for various major sporting events and activities our freshly prepared menu options your....

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