Tim Hortons’ Franchise Cost is going to be too high because it is an international brand. You will earn the most profit if you get a franchise for this company. The founder of this fastest-growing Food & Beverage Franchise, Tim Horton and Jim Charade is going to open 256 restaurants in the next 5 to 6 years. You can visit Tim Hortons in Chandigarh and Vegas Mall in Dwarka. Now founders are trying to reach another corner of the country. If you’re looking for a sustainable business opportunity then Tim Hortons Franchise is the best option for you. Here check the Tim Hortons Franchise Cost in India along with the Profit Margin, Application Form, and contact number, through this post below.
Tim Hortons Franchise Cost In India
Let us tell you that “Tim Hortons” is a Canada-based company and has 100 plus stores across Canada. This is a Canadian brand that offers a variety of food like Pizza Hut, KFC, Burger King, and Starbucks. This a new brand in India that wants to expand all over the country. You can visit the official website where you can deeply understand the entire business opportunity.
At this moment, Tim Hortons is offering franchises to those who are interested in applying for a franchise business model. Tim Hortons already opened a store in Chandigarh and Delhi. If you want to apply for the franchise then you should keep remembering some points. Tim Hortons is a profitable business and Rs 1 Cr To 20 Cr is owning cost of Tim Hortons Franchise in India. It is a high-investment business. Below check out the Investment Cost for Tim Hortons Franchise including the profit margin and other details.
Tim Hortons Franchise Business Opportunity – Basic Information
| Type of Business | Public |
| Area served | Multiple locations across the globe |
| Corporate Headquarters | Toronto, Ontario, Canada |
| Founded | 1964 |
| Founders Or Parent Company | Tim Hortons, Restaurant Brands International |
| Industry | Coffeehouse & Food and Beverages |
| Menu offering | Freshly brewed coffee, Hamburgers, Salads, Small plates, drinks and Shakes, and Desserts |
| Model | Grab-N-Go, Dine-in, and Drive-thru |
| Number of locations | Over 5,500 locations |
| Revenue | US $3.34 billion |
| Trade Name | Tim Hortons, Traded as Restaurant Brands International |
| Official Website | https://www.timhortons.com/ |
Initial Investment Cost for Tim Hortons Franchise In India
| Planning and development as well as design cost | Rs 50 lakh to Rs 70 Lakh |
| Site development cost | Up to 40 To 600000 |
| Building cost | Rs. 70 lakh to 5 crore. |
| Training | Rs 5 Lakh. to Rs 13 Lakh. |
| Initial inventory and startup supply | 2 Lakh to 8 Lakh. |
| Insurance | 3 Lakh Rs to 15 Lakh. |
| Security deposit | Up to 2 Lakh |
| Other funds | 20 Lakh Rs to 28 Lakh. |
| Total investment estimated | 8 Cr To 15 Crore INR |
Store Opening Cost of Tim Hortons Franchise
| Name of the Fee | The Lowest Fee To Highest Fee |
| Franchise fee initially | 25 lakh to 35 lakh |
| Property and real estate taxes | 1 lakh to 50 lakh Rupees |
| Equipment | 20 lakh to 1 crore rupees |
Tim Hortons Franchise In India 2024 Application Form
If you want to know the application process for Tim Hortons Franchise Business then follow the steps below:-
- In the first place, you have to visit the official website of Tim Hortons or click this link here => https://www.timhortons.com/
- You will be redirected to the home page, where you have to click on the “Franchise” option.
- Now you can see a page will open of application. Here, you need to file information about;
- Personal Information (first name, last name, Email ID, phone number, address, country e zip code city name state, or province.)
- Growth Information
- Current Financials
- Operations Experience
- Ownership Structure
- After filing this information, you have to click on the submit button.
- This application will be reviewed by the company and they will call you to proceed ahead. If everything is fine then they will approve your application.
- After that, you have to sign other legal documents and complete full documentation with the company.
Profit Margin of Tim Hortons Franchise Business
The brand is getting popular gradually with amazing marketing strategies. This will soon become the symbol of status as Starbucks and this is the reason, people will love to visit their restaurant.
They have a wide range of many in which they offer beverages, food, and different flavors of coffee. In the upcoming year, customer demand will soon increase in the market. This brand is already making a profit in Canada and the company wants to expand to other countries. It is hard to get a franchise because you have to go through many different levels.
After excluding all the costs, you will earn approx 6 to 12 percent net profit margin and this profit margin is very good. If you are concerned about this then apply and contact the given number.
Tim Hortons India Franchise Contact Number
This is the contact number where you can ask your queries about the franchise business. You just need to call a toll-free number.
- Toll-Free => 1888-601-1616
- For Any Query => Contact Us – Tim Hortons
