Tim Hortons FDD – Franchise Information, Costs and Fees


Type of Business
You will operate a restaurant specializing in the sale of coffee and other non-alcoholic beverages, baked goods, soups, sandwiches and related products, under Tim Hortons USA Inc.’s distinctive format and operating system, including the TIM HORTONS marks.


Corporate Information
Tim Hortons USA Inc. was incorporated in Delaware in June, 2007, and changed its state of incorporation to Florida in December 2017. Their principal business address is 5707 Blue Lagoon Drive, Miami, Florida 33126.


Investment
The total investment necessary to begin operation of a Tim Hortons franchise under a Franchise Agreement (excluding real property) ranges from $236,500 to $2,137,500 for a Standard Shop. This includes $104,000 to $469,000 for a Standard Shop that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a Tim Hortons franchise under a Franchise Agreement (excluding real property) ranges from $124,000 to $396,800 for a Non-Standard Shop. This includes $79,000 to $234,000 for a Non-Standard Shop that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Co-Branded Restaurant franchise under a Franchise Agreement (excluding real property) ranges from $695,500 to $1,837,400 for a newly-built Co-Branded Restaurant and from $135,300 to $253,600 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant. This includes $466,000 to $696,500 for a newly-built Co-Branded Restaurant and $5,500 to $211,600 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Tim Hortons Shop under an Operator Agreement ranges from $53,650 to $185,500. This includes $9,000 to $44,000 that must be paid to franchisor or an affiliate.
The total investment necessary to begin operation of a Co-Branded Restaurant under an Operator
Agreement for a newly built Tim Hortons restaurant ranges from $59,900 to $148,400 and from $14,600
to $39,000 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant. This includesrestaurant that is renovated to become a Co-Branded Restaurant that must be paid to the franchisor or an affiliate.
The total investment necessary to begin operation of a Tim Hortons restaurant under the Development Agreement is the same as the investment disclosed above, except that you will pay a portion of the initial franchise fee in the amount of $25,000 multiplied by the number of restaurants you agree to develop under the Development Agreement, which is credited toward payment of the initial franchise fee for each restaurant to be opened under the Development Agreement, on a pro-rata basis.


Tim Hortons FDD

View the 2024 Tim Hortons FDD