Description
Tim Hortons franchise. The cost of the franchise and the requirements for the franchisee.
Tim Hortons – a chain of fast food restaurants, which has long attracted many people in the United States who want to eat quickly and deliciously, without paying big money. In the network of these small restaurants, prices are always reasonable.
The future network was founded in 1964 in Canada, but over time the main place of its activity became the United States. The corporation is currently headquartered in Miami. The creator of this empire of small restaurants was Tim Horton, in his establishments people are offered soft drinks, various snacks, soups and other dishes that are prepared according to the company’s recipe.
If you buy a franchise to use the brand and open a Tim Hortons restaurant, then you will have two options for starting a business. For example, you can open a branded store that sells a variety of bakery products under the auspices of the Tim Hortons brand. This is a standard kiosk that is considered a small business.
But there is an opportunity to open a real small restaurant. Note that almost all restaurants from Tim Hortons are small in size and are fast food outlets. If you want to become a partner of this chain of restaurants, you will be offered training. But before that, you need to fill out information about yourself on the official website and state that you want to buy a franchise to use the Tim Hortons brand.
A director who has experience in such a structure is required to sign a contract. The franchise agreement is executed for a period of five to ten years.
Franchise cost:
- The first installment is about 25 thousand dollars.
- Maintenance taxes are approximately $ 1,000.
- Finances for equipment and technology – about 18 thousand dollars.
- Design and installation of all equipment – 10 thousand dollars.
- Tuition is about $ 7,000.
The total investment is about 100 thousand dollars.
If you want to buy a franchise Moe’s SouthWest Grill or another brand, then our experts will be happy to help you choose a franchise, or a ready-made business, implementation and project management.
Tim Hortons franchise: The information is taken for review from open sources and may differ from the official ones. The terms and conditions can be found on the company’s website: https://www.timhortons.com.
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