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Tim Hortons
874 Sinclair Rd.
Oakville, ON L6K 2Y1 CANADA
800#: (888) 376-4835
Tel: (905) 845-6511
Fax: (905) 845-0265
E-Mail: [email protected]
Web Site: www.timhortons.com
Contact: Ms. Janet Draughn, U. S. Franchise Manager
TIM HORTONS is Canada's largest franchised retail coffee, donuts and specialty baked goods chain, with over 1,300 stores in Canada and the U. S. The franchisee purchases a turn-key operation, the right to use TIM HORTONS trademarks and tradenames, as well as a comprehensive 8-week training program and on-going operational and marketing support.
Franchisor Background
Established: 1964
First Franchise: 1965
Franchise Units: 1,553
Company-Owned Units: 145
Total Units: 1,698
Distribution:
U.S. -- 108;
Canada -- 1772;
International -- 0
-North America -- Operations in 4 States, 12 Provinces
-States/Provinces with Greatest Density: ON, PQ, NS
Projected New Units Over Next 12 months: 200
Franchisee Qualifications: 5, 4, 3, 3, 3, 5
(Click here for an explanation)
Registered in Following Registration States: IN,MI,MN,NY,RI,WI,AB (Click here for an explanation)
Average Number of Employees: 22-25 FT or PT (FT = Full Time, PT = Part Time)
Space Needs: 2,650-3,000 SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100-110K
Total Investment: $300-360K
Average Total Investment: $330.0K
Minimum Net Worth: $NR
Fees:
-Franchise: $35-50K
-Average Franchise Fee: $42.5K
-Royalty: 3-4.5%
-Average Royalty: 3.8%
-Advertising: 4%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 580
On-Going Support: B,C,D,E,G,H (Click here for an explanation)
Training: 8 Weeks Oakville, ON.
Franchisor's Specific Expansion Plans
U.S.: NY,MI,OH, North Central U.S.
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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