How much does Tim Hortons make a year in Canada?

How much does a Tim Hortons make per year? But a nasty court battle in Ontario has provided a rare glimpse of exactly how much cash the average Hortons store owner pockets in a year: $265,558. That’s 170,000 large cups of profit.

How much does Tim Hortons make in a year?

Revenue of Tim Hortons 2015-2020

Canadian quick service restaurant (QSR) chain Tim Hortons generated revenue of approximately 2.81 billion U.S. dollars, down from 3.34 billion U.S. dollars the previous year.

How much is a Tim Hortons franchise in Canada?

We provide estimated franchise costs for some countries: – In the United States, the total investment to start the Tim Hortons Restaurant is around $680,900 to $1,906,300. – In Canadian currency, the investment comes around Can$871,600 to Can$2,440,300.

How much does it cost to buy a Tim Hortons franchise?

The minimum you would expect to invest in a Tim Hortons location is $60,000. $665,700 is the maximum that someone opening a location should expect to invest. New franchisees can expect to pay a $35,000 franchise fee for the rights to open their own location.

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What is Tim Hortons worth?

Brand value: $4.5 billion.

How much does Tim Hortons pay in Toronto?

Tim Hortons in Toronto, ON Area Salaries

Job Title Location Salary
Customer Service Representative salaries – 45 salaries reported Toronto, ON Area $15/hr
Tim Hortons Team Member salaries – 45 salaries reported Toronto, ON Area $14/hr
Cashier salaries – 44 salaries reported Toronto, ON Area $14/hr

What is the best franchise to own in Canada?

Top Franchise Opportunities in Canada

  1. Tim Hortons. One of the most well known Canadian brands in the world, Tim Hortons is also the biggest Canadian franchise in the country. …
  2. Canada Bread. …
  3. Pizza Pizza. …
  4. Marlin Travel. …
  5. Mr. …
  6. Booster Juice. …
  7. Boston Pizza. …
  8. Canadian Tire Gas+

Is owning a Tim Hortons profitable?

But a nasty court battle in Ontario has provided a rare glimpse of exactly how much cash the average Hortons store owner pockets in a year: $265,558. … That’s 170,000 large cups of profit.

How much does Krispy Kreme franchise cost?

To become a franchisee, Krispy Kreme investors should expect to spend anywhere from $440,000 to $4.1 million in initial fees.

Krispy Kreme Franchise Alternatives — Investment Requirements.

FRANCHISE Krispy Kreme
FRANCHISE FEE $12.5K-25K
INVESTMENT $440K-$4.1M
ROYALTY 4.5% of sales

How much for a McDonald’s franchise?

How much is a McDonald’s Franchise? The total investment necessary to begin operation of a traditional McDonald’s franchise ranges from $1,008,000 to $2,214,080. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.

How much do Tim Hortons owners make?

Tim Hortons store owner pockets each year: $265,558 and more (after tax & interest)!!! Net earning: $174,280 after taxes and overhead expenses.

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How much do managers at Tim Hortons make?

The typical Tim Hortons Restaurant Manager salary is $44,505 per year. Restaurant Manager salaries at Tim Hortons can range from $30,403 – $65,890 per year. This estimate is based upon 45 Tim Hortons Restaurant Manager salary report(s) provided by employees or estimated based upon statistical methods.

How much does a Jollibee franchise cost?

It is just the first step in the application process, which is an evaluation of your proposed location. Jollibee franchise ranges from Php 25-35 Million. Details of investment cost, return of investments and other franchising details will be discussed with you once your application has been approved.