Tim Hortons

The Tim Hortons Franchise is Canada’s largest chain of over 4,600 restaurants in nine countries. The company's menu includes coffee and tea, hot and cold beverages, snacks and donuts. Hortons restaurant franchise provides exciting opportunities for running a successful business. When you buy a Tim Hortons franchise, you receive the assistance of the franchisor, a package of trainings, franchise cost and profit balance tips and proven marketing and management approaches. By becoming a member of the Tim Hortons franchisee family, you benefit from over 55 years of brand heritage and expertise in operating restaurants and satisfying guests, which is further strengthened by the support of Restaurant Brands International.

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Tim Hortons Franchise Cost and Requirements for 2022

Background

The Tim Hortons franchise is a Canadian restaurant chain known for its coffee, doughnuts and connection to Canada’s national identity. Its namesake, Toronto Maple Leaf's defenseman Tim Horton,  founded the business along with Montréal businessman Jim Charade. The first Tim Hortons doughnut franchise was opened in Hamilton, Ontario, in April 1964. Since that time, Tim Hortons has become Canada’s largest restaurant chain, operating thousands stores across the country. In 1995, American fast-food chain Wendy’s bought Tim Hortons in a partnership that lasted until 2006. Then in 2014, the chain was again purchased by a foreign company, this time by Brazilian firm 3G Capital, which is known for its ownership of Burger King. Despite foreign ownership, Tim Hortons remains a Canadian cultural phenomenon to this day. The selection of new Tim Hortons restaurant owners is a most important decision involving an extensive interview process. This means that not everyone who applies for a franchise meets the criteria to be a Tim Hortons restaurant owner.  The company strives strive to ensure that each restaurant owner possesses the necessary entrepreneurial drive, management skills, financial means and dedication which is required in today's competitive market. The company is proud of our dedicated restaurant owners chainwide, who exemplify and execute the Tim Hortons' principles and standards of operation on a daily basis. It carefully select hands-on owner/operators, who will devote their efforts on a full-time, long term basis to operating their restaurant. The company's experience over many years of operation has indicated strongly that a spousal team, or a team of two or more immediate family members, are the key to effectively managing a successful 24-hour operation. In fact, 95% of our restaurant owners operate a true family enterprise.

Company Details

Founded:1964
Canada: Yes
International: Yes

Support and Training Offered By Tim Hortons

New restaurant owners undergo seven week training program at the Tim Hortons University, which is located in Oakville, Ontario, at the offices of The TDL Group. The facility includes classrooms and a fully operational restaurant, which provides trainees with intensive hands-on experience. The training puts a strong emphasis on food handling and hygiene procedures, team member relations, equipment maintenance and in-restaurant security systems. Additionally, upon successfully completing the initial training program, you will spend up to 10 shifts doing "on-the-job training" in a fully-operational Tim Hortons.

 

2022 Franchise Requirements Needed to Own a Tim Hortons Franchise.

What does a Tim Hortons Franchise Cost?

Tim Hortons franchise fees for 2022:

Initial investments: $680,900 - $1,906,300
Royalty: 4.5% - 6% of Gross Sales
Advertising Contributions: 4% of Gross Sales

Is Tim Hortons a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Tim Hortons is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Tim Hortons a Home Based franchise?

No. Tim Hortons is not a home based franchise opportunity.

What Do Tim Hortons Franchise Owners Make?

Click here to find out how much Tim Hortons franchisees make. Tim Hortons offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Tim Hortons Looking for Franchisees in Canada?

Yes. Tim Hortons franchise is looking for Canada franchisees.

Is Tim Hortons Looking for International franchisees?

Yes. Tim Hortons franchise is looking for International franchisees.

Additional Information

Additional Categories

Coffee, Food & Restaurants

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Tim Hortons Franchises for Sale

Click Here to inquire about existing Tim Hortons franchises for sale. We may have Tim Hortons franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.