Quick Verdict · who it fits
Tim Hortons fits first-time franchise buyers looking for a mature food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$148K - $3.3M
Franchise fee (Item 5)
$25K
Royalty (Item 6)
4.5–6% + 3–4% ad
System size (Item 20)
669 +42
Agreement term
20 yrs
Years in business
19+ yrs
Model Tim Hortons's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 4.5–6% + ad fund 3–4% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (4.5–6%)
—
Ad fund (3–4%)
—
Total / year
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▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
669
Total units open
42
Units opened last year
10
Units closed last year
29
Net unit growth
What our analysis flagged across the 2026 filing.
4
Risks to review
3
Strengths identified
5
Questions to ask
How Tim Hortons ranks against 811 Food & Beverage peers we've analyzed.
Initial investment
12th pct · of 811 peers
Franchise fee
10th pct · of 811 peers
System size
93rd pct · of 811 peers
Food & Beverage industry averages
Avg investment
$528K - $1.3M
Avg franchise fee
$38K
Avg system size
235
Franchises analyzed
811
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Tim Hortons | Disclosed | $25K | $148K - $3.3M | 4.5–6% | 669 |
| Grna Street Pizza GroupSimilar price | Disclosed | $50K | $1.8M - $3.3M | 5% | 0 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Free explainers to go deeper before you sign.
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Brand Analysis
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Tim Hortons requires a $25,000 initial franchise fee and a total initial investment range of $148,000–$3,312,500, per the most recent FDD on file.
Tim Hortons is franchised by TIM HORTONS USA INC., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
Yes. Tim Hortons discloses Item 19 financial performance representations in its FDD. See the financials sub-page for the disclosed figures.
Franchisees pay a royalty of 4.5% to 6% of Gross Sales and an advertising fund contribution of 3.0% to 4.0% on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Tim Hortons has 669 total locations, with 42 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Per the FDD, Tim Hortons discloses an initial agreement term of 20 years. Review Items 10 and 17 for the full renewal and termination provisions.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt