Here is Tim Hortons Franchise For Sale. Tim Hortons®, part of Restaurant Brands International, is one of North America's largest restaurant chains operating in the quick service segment. Stay connected with Tim Hortons latest news. It’s not just a place to work, it’s a place to meet your neighbours. "The cost of a Tim Hortons® franchise varies depending on the restaurant size and location, along with other factors. (408) 402-5681. Tim Hortons Franchise Disclosure Documents. 1. I am interested in suggesting a new market – who do I submit this to? The Tim Hortons chain was founded in 1964 in Hamilton, Ontario. 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. Franchise with Tims today. 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? When doing my research on the costs, I was surprised with how much the parent company takes off the top. 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. We do not rank applicants in order in which they apply. Thanks in advance! Franchise History. 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. Tim Hortons Inc. is Canada's largest quick service restaurant chain. You must have an estimated $1 million in net worth and $300,000 in unencumbered funds in order to qualify. It’s Time! at ¶ 63. McDonald's vs Tim Hortons Franchise Comparison. 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. New franchisees can expect to pay a $35,000 franchise fee for the rights to open their own location. Box 20547San Jose, CA 95160PH. 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. What are the requirements to get qualified to open a Tim Hortons Franchise? For Tim Hortons it is all but impossible to buy a new franchise in Ontario. 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. 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… What if I am interested in an International franchise outside of Canada and the United States? Initial Franchise Fee: $50,000. Here, we will attempt to provide you with information franchising in addition to the requirements franchisees must have to own a Tim Hortons franchise. Tim Hortons Franchise Details. The cost of a Tim Hortons ® franchise varies depending on the restaurant size and location, along with other factors. 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. 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. The selection of donuts to enjoy was highlighted by two original Tim Hortons creations, the Apple Fritter and the Dutchie. Candidates willing to relocate anywhere within Canada will be prioritized. Tim Hortons Inc. is Canada's largest quick service restaurant chain. 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. What’s new at Tim Hortons? We are constantly evaluating our international strategy and territories for growth. I would like to find out the procedure, the necessary requirements and total amount of investment required. Tim Hortons Franchise For Sale. Reviews from Tim Hortons employees about working as a General Manager at Tim Hortons. First and foremost, a Tim Hortons franchisee must have a net worth of about $700,000. All Rights Reserved. Alternative Franchise Investments. As a result, we are unable to respond to individual requests to review a specific real estate site. The most qualified applicants will be contacted for the first interview. Media. Available Tim Hortons franchise disclosure document(s) (FDD’s) are listed below. The most secure digital platform to get legally binding, electronically signed documents in just a few seconds. 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