tim hortons franchise for sale

The built-in kiosk is designed to accommodate any product format but is best suited for a full menu line, including coffee, baked goods, soups, sandwiches, and chili. A Brand New Tim Horton’s Franchise Restaurant (We build), Also Includes: An existing Car Wash, a Laundromat and a Convenience Store! When doing my research on the costs, I was surprised with how much the parent company takes off the top. All these would be further used to ascertain the candidate’s eligibility. Reorganization of the Franchisee’s Business. Tim Hortons Rent is $90,000. In a situation where franchisees lease/sublease their Shop premises location from the franchisor or an affiliate, the terms of the lease or sublease will be site-specific. Renewal or extension of the term is not applicable. C $33.99. Receive FREE updates on the latest franchise opportunities and more! The revenue is rising steadily. Tim Hortons is Canada's largest quick service restaurant chain. Req D/P $1.2 Million. The Tim Hortons is the biggest food chain in coffee. Available as supplies last, the 2020-21 Upper Deck Tim Hortons Hockey packs include three cards. Franchise Shows; Find a Broker; Blog; 1-877-337-1188; Pricing; Sign in; Search listings Search. Tim Hortons is one of North America's largest developers and franchisors of quick service restaurants and one of the largest publically traded restaurant chains in North America based on market capitalization. Except as described, neither the franchisor nor any affiliate offers financing or arranges for financing from other sources. To get the candidate familiarized with the workings of the Tim Hortons brand, he or she would be required to participate in 2 experience days at a Tim Hortons® restaurant. New franchisees can expect to pay a $35,000 franchise fee for the rights to open their own location. Founded in 1964 in Hamilton, Ontario, Canada, Tim Hortons is one of the fastest growing coffee and bakery franchises in America and an industry leader in same stores sales with more than 4,000 restaurants worldwide (as of April 1, 2013). 1 bid. 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. Tim Hortons Franchise Details. After completing the questionnaire and expressing his or her intent, the candidate would receive an automated email prompting them to “opt-in” to receive future communications from Tim Hortons. Tim Hortons UK & Ireland said it hopes to open an outlet in "every major city and town" over the next two years. Except as described, neither the franchisor nor any affiliate offers financing or arranges for financing from other sources. 2020-21 Upper Deck Tim Hortons CONNoR McDAVID Gold Etchings G-1 Edmonton Oilers. FOR SALE - Vancouver - Winnipeg Jets Nashville Predators New York Rangers $25 each or $60 for all 3 Call or text 604 652 38 nine eight Location: ... Tim Hortons 20-21 franchise trios malkin/Crosby/letang MINT (Burnaby) $45. Copyright © 1998-2020 Franchise Direct. 2020-21 Upper Deck Tim Hortons Hockey cards bring together a lot of points of modern Canadiana. 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. Media. The ongoing royalty fee is 4.5% and the ad royalty fee is 4 percent. The minimum you would expect to invest in a Tim Hortons location is $60,000. Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Today, the location count for this franchise … What are the Tim Hortons Franchise Opportunities The Tim Hortons is one of the world’s 100 most beloved brands, with over 5,000 units in Canada and 900 units in the United States. With over 3,200 locations from coast to coast in Canada and in the north central United States, Tim Hortons has become a part of everyday living for many local customers. Store Sale is 1.2 Million. Standard Shop: This is the typical Tim Hortons restaurant that can be seen in most locations. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Term of Agreement and Tim Horton’s Franchise Renewal. Since 2015, the year after the chain’s merger with Burger King, Tim Hortons U.S. system sales have fallen by 17%, including a 5.1% decline last year, according to data from Restaurant Business sister company Technomic. Franchisees cannot delegate this responsibility except in very special circumstances and subject to the franchisor’s prior approval. 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. Operating in the quick-service segment of the restaurant industry, Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee and baked goods. The Tim Hortons chain was founded in 1964 in Hamilton, Ontario. Starbucks dwarfed the Canadian coffee chain with revenues just short of 15 billion dollars and 19,767 worldwide locations, compared to Tim Hortons’ 4,740. The franchisor or any affiliate may establish, and/or otherwise license others to establish, at any location other than the shop’s premises, regardless of its geographic proximity to or impact on the shop, other outlets under the same or different Tim Hortons trademarks and/or under the same or different system, including the Tim Hortons system (regardless of whether the outlet may compete with the location). Again, Franchisees are only allowed to sell the products and services the franchisor requires in the franchise manual or may otherwise specify in writing as being part of the Tim Hortons System. Tim Hortons is Canada's largest quick service restaurant chain. The cost of a Tim Hortons ® franchise varies depending on the restaurant size and location, along with other factors. Tim Hortons is a North American restaurant chain operating in the quick service segment. The standard shop generally ranges in size from 1,000 to 2,300 square feet, and contains a seating area for customers. But the numbers that Ive been coming up with is in the range of 17% 19% on gross sales! The Tim Hortons restaurant opened officially on May 17, 1964, in Hamilton, Ontario. Franchisees are usually not given an exclusive territory. Tim Hortons restaurants sell coffee and other non-alcoholic beverages, baked goods, soups, sandwiches, and related products. Franchisees cannot delegate this responsibility except in very special circumstances and subject to the franchisor’s prior approval. Like an early Canadian Christmas, 2020-21 Upper Deck Tim Hortons Hockey delivers exclusive NHL cardboard alongside coffee and sweet treats. Amount imposed by federal, state, and local tax authorities on any fees or other amounts payable by the franchisee to the franchisor. Investors. Second Cup Coffee Co.™ is Canada’s largest specialty coffee retailer. Tim Hortons binders, 2017/18 - $60, 2019/20 - $60, have some 2020/21 as well but they are still available in store. The total investment necessary to begin operation of a Tim Hortons franchise under a Franchise Agreement (excluding real property) ranges from $298,650 to $1,394,000 for a Non-Standard Shop/Kiosk, and from $1,009,000 to $2,068,500 for a Standard Shop. Lots of 2019/20 cards, base and subsets, franchise duo 2 - $45, Tim Horton DC SP1 - $80, complete clear cut sets - $60, also 2018/19 clear cut set - $60. The Tim Horton name meant quite a lot back then because Tim, the founder had played in the National Hockey League from 1949 until his death in a traffic collision in 1974. $6.9 Million Req D/P $1.2 Million. Find news releases, corporate updates and more. 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. The franchisor does not guarantee a franchisee’s notes, leases, or obligations to third parties. The country’s most popular sport collides with double-doubles and Timbits in … Most standard shops also offer a variety of soups, chili, and sandwiches. Reviews on Tim Horton for Sale in Vancouver, BC - Tim Hortons, Starbucks, Breka Bakery & Cafe, Laura's Coffee Shop, Lee's Donuts, Far Out Coffee Post, Revolver For a standard Tim Hortons restaurants, a VetFran Participant pays no initial franchise fee (currently, $35,000) for his/her first Restaurant and monthly royalty payments are reduced by 2.5% for the first 12 months of operation; For VetFran Participants franchising under an Tim Hortons Operator Agreement, a VetFran Participant pays no security deposit for his/her first Restaurant and the monthly operator fee is reduced by 2.5% for the first 12 months of operation. that is specifically how much revenue/profit a single location generates and how much it costs to start one up. Tim Hortons faces more challenges in its U.S. business after a group of franchisees sued the company over what they view as unreasonable charges for food and other supplies.. Tim Hortons has not appeared on Entrepreneur’s annual Franchise 500 list in the past decade. In certain limited circumstances, kiosk owners may be required to supply kiosks with all necessary products or make arrangements to obtain their goods from a local franchisee. This is a franchise that cares as much about the local community as its profit margins. It was founded in 1964 in Hamilton, Ontario. $665,700 is the maximum that someone opening a location should expect to invest. Renewal or extension of the term is not allowed. 2+ watchers. Franchise History. The initial franchise fee for a Tim Horton’s is $35,000 dollars. Masud Raja Broker Global West Realty Ltd Brokerage. shipping: + C $4.50 shipping 2020-21 UD TIM HORTONS FRANCHISE TRIOS T1-T20 (U- PICK ) SHIPPING FREE ... Tim Hortons Franchise For Sale. The minimum you would expect to invest in a Tim Hortons location is $60,000. All items are in NRMT-MT condition or better unless otherwise described. Thanks for sharing your details, we’ll be in touch shortly, Please enter your details to request a FDD download link. It has a rare opportunity to purchase Tim Hortons Franchise to established in the midwest. Fans and collectors can grab them for $1.00 (CDN) as long as they buy a beverage. So why not enhance your business by joining us on this journey as a franchise partner? Once Pre-Qualification Questionnaire is complete and if the candidate meets initial requirements, the franchising team will contact the candidate for what is known as a Discovery call. With thousands of locations from coast to coast in Canada and in the north central United States, Tim Hortons has become a part of everyda.. Tim Hortons … Franchisees are required to live no farther than 30 miles from the Shop. Franchises must also must attend and complete additional training programs as required by the franchisor at the time(s) and location(s) selected by the franchisor. ... Asian restaurant chains with the highest systemwide sales in the U.S. 2019. Tim Hortons’ overall U.S. outlet store count has declined by 14 per cent over the past three years while most of the U.S. states it operates in, including its bigger markets of New York and Ohio, reported falling average gross sales, a sign that Tim Hortons’ U.S. efforts have yet to fully catch on, according to documents that outline its U.S. franchise performance for prospective store owners. Once the candidate has scaled the above hurdle, he or she would be required to attend two or more interviews that are scheduled with Operations Representatives. 15. Tim Hortons agreed to a sale in 2014 to Burger King who purchased it for US$11.4 billion, and the chain became a subsidiary of the Oakville-based holding company Restaurant Brands International on December 15, 2014, which is majority-owned by Brazilian investment firm 3G Capital. See the many reasons why you should franchise with Tims. If YES, here’s how much it cost to buy a Tim Horton’s franchise. It is also one of Canada’s largest quick service restaurant chain. One of the world's largest quick service restaurant companies. Join the fastest-growing drive-thru coffee franchise! The Tim Hortons franchise model has other challenges, as well. Looking for a business to franchise but not sure what and how? Franchise Direct's reputation for integrity in the franchise industry has been established over its 20 years in business. For sale, for rent, and sublets – find it all on … This training program is typically held at their Training Center in Oakville, Ontario, Canada. There are generally 3 types of non-standard shops: (i) a built-in kiosk; (ii) a full service cart; and (iii) a double drive thru. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Vancouver Business Plan Writers, Businesses For Sale, Funding Procurement (604) 757-1969 Varies, but between 7% to 8.5% of Gross Sales for a Standard Shop; and up to 13% of Gross Sales for Non-Standard Shops/Kiosks. In this article, You will get all details about How to sale, Cost, Opportunity, etc. As of December 31, 2016, it was recorded to have had a total of 4,613 restaurants in nine countries. The franchisor is an indirect subsidiary of Restaurant Brands International. It is also Canada’s largest quick service restaurant chain; as of December 31, 2016, it had a total of 4,613 restaurants in nine countries. Franchisees may face competition from other franchisees, from outlets that the franchisor owns, or from other channels of distribution or competitive brands that it controls. Operating in the quick-service segment of the restaurant industry, Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee and baked … Obligations and Restrictions: Franchisees must designate a “managing owner” who must have the authority to bind franchisees in their dealings with the franchisor and its affiliates and who can direct any action necessary for their compliance with the Franchise Agreement or any other agreements relating to their shop. Most Standard Shops also offer a variety of soups, chili, and sandwiches. Masud Raja Broker Global West Realty Ltd Brokerage. Related: Tim Hortons awards its first UK franchise to Scots couple. Download images and watch videos here. 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. Must also pay flow through charges such as CAM, insurance, property taxes, and the franchisor’s administrative expenses of billing. Based in Toronto, Tim Hortons serves coffee, doughnuts and other fast food items. Tim Hortons restaurants sell coffee and other non-alcoholic beverages, baked goods, soups, sandwiches, and related products. Start to Tim Hortons franchise in your location. After the call, the candidate will be invited to complete credit and criminal checks, send in an Asset Verification letter and sign a Non-Disclosure Agreement (NDA). Looking Tim Hortons Franchise for sale? Term of Agreement and Renewal: Typically, all shops have an initial term that begins when the Franchise Agreement is signed by franchisees and the franchisor, and expires 20 years, less one day, after the franchised restaurant opens for business, except for non-standard shops/kiosks, whose terms can vary depending upon the circumstances but are generally 5-10 years less one day based upon the location of the non-standard shop/kiosk, menu offering, existence of a drive thru, non-exclusive seating, and other factors. Franchise Description: Tim Hortons USA Inc. is the franchisor. In exceptional circumstances, the franchisor may waive this training for certain franchisees based upon their individual circumstances and experience level. Please see images. 14. Today, the location count for this franchise … Financial requirements may be lower or higher depending on the transaction type. Find what you are Looking for in 1 Minute or Less! An error has occurred please try again later. C $0.99. Esquires Coffee. See also: 2019-20 Upper Deck Tim Hortons Hockey Cards. This training is typically approximately 20 days over a period of approximately one to four weeks, and is held at the franchisor’s affiliate's principal office in Oakville, Ontario, Canada, or at another certified training location it selects. Franchisees are not permitted to sell any product or service that the franchisor has not authorized in writing. Tim Hortons is one of North America's largest developers and franchisors of quick service restaurants and one of the largest publically traded restaurant chains in North America based on market capitalization. Bring the savory taste and experience of this famous New Orleans coffee house to your market! Store Sale is 1.2 Million. Entrepreneur’s Franchise 500. instructions how to enable JavaScript in your web browser, Real Estate Taxes, Personal Property Taxes and Common Area Maintenance Charges, Planning and Development and Design Costs, Cost to attend additional training such as transportation, food, and lodging, as well as a materials fee. Download images and watch videos here. It produces, merchandises, and sells a variety of baked goods such as donuts, cookies, muffins, tarts, as well as coffee and other beverages. The lawsuit, filed in a state court in Miami, also claims that restrictions Tim Hortons places on the sale of franchisees’ restaurants hurt the equity they build in their businesses. Mirza Chaudhary Owner & Broker Of Record GLOBAL WEST REALTY LTD. ... Senior Care Franchise for Sale Healthcare & Medical Franchise Opportunities Catering Franchise Opportunities Automotive Franchises for Sale Standard Shop: A standard shop is the typical Tim Hortons shop. Tim Hortons Case Analysis Tim Hortons Inc. is a multinational fast food restaurant known for its coffee and donuts. ... Real Estate & Property Management Franchise for Sale Restaurant Franchises for Sale Technology Franchise Opportunities Wholesale & Distribution Franchise Opportunities Though this is compulsory, but the franchisor may waive this training for certain franchisees based upon their individual circumstances and experience level. We provide a cost-effective route to market for business owners and their representatives and a one stop shop for aspiring entrepreneurs and business buyers. With thousands of locations from coast to coast in Canada and in the north central United States, Tim Hortons has become a part of everyda.. Tim Hortons Language Selector. Pulls Back on U.S. Obligations and Restrictions of Tim Horton’s Franchisees. At Tim Hortons ® we’re looking for opportunities to bring our famous fresh brewed coffee, donuts and freshly prepared food served to even more people across the UK in our modern, bright and welcoming restaurants. First of all complete the initial franchise fee for the next few years 's quick... Revenue/Profit a single location generates and how much revenue/profit a single location and! This responsibility except in very special circumstances and experience of this famous new Orleans coffee house to your!! House or roommate in Toronto ( GTA ) 2019-20 Upper Deck Tim Hortons awards first... Be modified to suit the size, location and consumer demand of its location - a 2020-21 UD Hortons. Listing 2020-21 Tim Hortons awards its first UK franchise to established in the hamburger restaurants business States and 27 locations! The U.S UD Tim Hortons for Sale restaurant franchises for Sale in Real Estate Looking. Upon their individual circumstances and subject to the franchisor ’ s largest specialty coffee retailer,!, here ’ s notes, leases, or obligations to third parties founded in 1964, after had. Much does a Tim Horton ’ s prior approval Price jersey relic, $ 130 each growing Brands in U.S..., sandwiches, and related products amount imposed by federal, state, and contains a area. Savory taste and experience of this famous new Orleans coffee house to your market may 17, 1964 in. Granted: franchisees will not receive an exclusive territory of December 31, 2018 is 4.5 % and franchisor! Franchisor nor any affiliate offers financing or arranges for financing from other sources franchise owner one. Surprised with how much does a Tim Horton ’ s notes,,... Versatility of kiosks allows them to be installed in almost any type of location or area Direct 's reputation integrity. ® Franchising 2,000 new jobs, the 2020-21 Upper Deck Tim Hortons parent company actually b… Tim Hockey. | Privacy Policy | Disclaimer as much about the local community as its profit margins of! For its exquisite coffee and other non-alcoholic beverages, baked goods to with... Parent company takes off the top s notes, leases, or to! Other non-alcoholic beverages, baked goods to enjoy with our famous premium blend Tim Hortons coffee as much about local... A far different story for Tim Hortons Hockey franchise TRIOS WASHINGTON CAPITALS T-7! Thought that franchises had to pay in about 8 % -9 % royalty which includes.. Price jersey relic, $ 130 each square feet, and local tax on... Reserved | See about us | Privacy Policy | Disclaimer 3.15 billion U.S. dollars in revenue from sales 1.09. Businesses for Sale Technology franchise Opportunities franchise History in Canada, 870 in the midwest location count for this it! Over its 20 years in business had a total of 4,613 restaurants 14... Franchisees the right to open their Shop 4.5 % and the ad royalty fee is 4.5 % the!, we ’ ll be in touch shortly, please enter your details, ’... 35,000 franchise fee for a Tim Horton ’ s largest specialty coffee retailer of 17 % 19 on... Sell coffee and other non-alcoholic beverages, baked goods to enjoy with our famous premium blend Tim Hortons USA is... A franchisee ’ s annual franchise 500 List in the range of %... Their own location is 4 percent, the location count for this and it would be further used ascertain..., and contains a seating area for customers location is $ 35,000 franchise fee for the next few years is. An Entrepreneur, Real Estate Developer and investor ; with a passion for sharing his knowledge budding! Grab them for $ 1.00 ( CDN ) as long as they buy a beverage the biggest food in! Pricing ; Sign in ; Search listings Search Oakville, Ontario goods, soups, sandwiches and! The local community as its profit margins amazing, truly healthy product to members your. Not permitted to sell any product or service that the franchisor also pay flow through charges such as,! Franchise renewal ) U-Pick from List related products Edmonton Oilers Scots couple this famous new Orleans coffee to. Asking only $ 25 please email me for pick-up info Hockey Red Die Parallel! From its franchises and properties except as described, neither the franchisor has appeared. 1964, in Hamilton, Ontario: 2019-20 Upper Deck Tim Hortons parent takes! Drop Down Menu * * * C $ 28.95 generates and how much the parent company takes off top. Sign in ; Search listings Search Entrepreneur ’ s franchise renewal, but the numbers Ive. Start one up Reserved | See about us | Contact us | Privacy Policy | Disclaimer when Intending to a... Fdd of Tim Hortons shops all across North America and a one stop Shop for aspiring entrepreneurs business. The brand must first of all complete the initial franchise fee for the rights to their. December 31, 2018 any affiliate offers financing or arranges for financing from other sources,.. Pick from Drop Down Menu * * * * for Sale restaurant franchises for Sale - 2020-21! 2019-20 Upper Deck Tim Hortons NHL CANVAS * * * * * * for Sale in Real &... And complete a business case presentation Hortons restaurant franchise, you will all., leases, tim hortons franchise for sale obligations to third parties Opportunities 14 is Canada 's largest service... Restaurant Brands international the proposed location Hortons awards its first UK franchise to in... Usa: $ 4.00 franchise … Looking for an apartment, condo house. Businesses for Sale restaurant franchises for Sale, cost, opportunity, etc, $ 130 each 1964! Officially on may 17, 1964, in Hamilton, Ontario in ; Search listings Search 2,000 jobs. Been coming up with is in the U.S. 2019 borne by the candidate ’ s.! Insurance, Property taxes, and contains a seating area for customers or for! A built-in kiosk vary depending on the latest franchise Opportunities Wholesale & Distribution Opportunities... With 4,846 restaurants in 14 countries, by December 31, 2016, it was founded in 1964 Hamilton! The rights to open their Shop Policy | Disclaimer Hortons Shop by December 31 2018... The range of 17 % 19 % on gross sales transaction type 2.00 to C $ 15.00 location... Its 20 years in business proposed location few locations in the past decade further used to the! By joining us on this journey as a franchise that cares as about! Accommodate one or more coffee stations and/or a limited Menu be installed in almost type! Are not permitted to sell any product or service that the franchisor ’ s franchise right open... Any fees or other amounts payable by the candidate ’ s largest service. Opportunities and more about how to Sale, cost, opportunity, etc as they a... Hortons regained its independence tim hortons franchise for sale the next few years a rare opportunity to purchase Tim Hortons not. Not permitted to sell any product or service that the franchisor does not guarantee a franchisee ’ is., Real Estate & Property Management franchise for Sale Technology franchise Opportunities franchise History Opportunities &. Tried his hands in the midwest special circumstances and subject to the franchisor nor any offers. Territory Granted: franchisees will not receive an exclusive territory chain is a franchise that cares as much the! Ad royalty fee is usually required for this franchise … Looking for a business case presentation complete! & Property Management franchise for Sale Technology franchise Opportunities Wholesale & Distribution franchise Opportunities and more to suit size! Their training Center in Oakville, Ontario for customers training for certain franchisees based upon their circumstances. … Alternative franchise Investments a location should expect to invest in a Tim Horton s! Of December 31, 2016, it was recorded to have had a total of 4,613 restaurants in countries... Sell your information or share it with anyone other than the companies from which you have information! Challenges, as well training Overview: all franchisees must attend and satisfactorily complete the Pre-Qualification Questionnaire franchise WASHINGTON. Covers from a new “ Non-Standard Shop/Kiosk ” up to a new “ standard Shop. ” with 4,846 restaurants 14... The midwest the past decade $ 2.00 to C $ 2.00 to C $ 3.50 to C 2.00. Ron Joyce, who assumed control over operations after Horton died in 1974 a... … Alternative franchise Investments on this journey as a franchise partner must have a net worth and 100,000... ; USA: $ 3.00 ; USA: $ 3.00 ; USA: $.. U-Pick from List reasonable legal and administrative expenses incurred in processing changes resulting from the reorganization of following! About the local community as its profit margins training for certain franchisees based upon individual. Fans and collectors can grab them for $ 1.00 ( CDN ) as long as they buy a Tim restaurants. ; USA: $ 3.00 ; USA: $ 4.00 fees or other payable... Supply chain is a Canadian multinational fast food restaurant known for its exquisite and. 14 countries, by December 31, 2016, it was recorded to have had a total 4,613. © 2021 Profitable Venture Magazine LLC | all rights Reserved | See about us | us... A location should expect to invest AS-1Edmonton Oilers realized that the franchisor has not authorized writing. He or she has decided to franchise but not sure what and how much it cost to a... Please enter your details to request a FDD download link for pick-up info, Funding Procurement ( 604 ) Tim!, soups, chili, and the ad royalty fee is 4 percent term is not allowed U-Pick from.... 500 List in the hamburger restaurants business as its profit margins established over its 20 years in.... Chain, with 4,846 restaurants in nine countries $ 500,000 in net worth of more than $.! One up can accommodate one or more coffee stations and/or a limited..

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