Tim Hortons Franchises for Sale

Tim Hortons Franchise Model Overview

Tim Hortons shops sell coffee and other non-alcoholic beverages, baked goods, soups and sandwiches from a freestanding or in-line restaurant, often with a drive-thru, serving a morning-heavy daily-habit customer. The U.S. franchisor is an indirect subsidiary of Restaurant Brands International, which also owns Burger King, Popeyes and Firehouse Subs, and has franchised in the U.S. since 1993. This is a heavy build: a new standard shop is a seven-figure project with site work, building and a large equipment package bought through approved suppliers, and the affiliate Tim Donut typically owns or leases the premises and subleases to the franchisee, with rent set as a percentage of sales on top of royalty and advertising. Smaller non-standard and petro-location formats cost far less. The owner or an approved managing director must run the shop full time and live within 30 miles; multi-unit owners add a general manager and restaurant manager. The roughly 680 U.S. shops are concentrated in Michigan, New York and Ohio and growing modestly. Transfers require approval and a fee of 5% of the purchase price, capped per shop.

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