Most standard shops also offer a variety of soups, chili, and sandwiches. Land & Developments for Sale Employment & Personnel Franchise Opportunities Office Spaces for Sale or Rent We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Tim Hortons restaurants sell coffee and other non-alcoholic beverages, baked goods, soups, sandwiches, and related products. instructions how to enable JavaScript in your web browser, Real Estate Taxes, Personal Property Taxes and Common Area Maintenance Charges, Planning and Development and Design Costs, Cost to attend additional training such as transportation, food, and lodging, as well as a materials fee. Insurance Services Varies, but between 7% to 8.5% of Gross Sales for a Standard Shop; and up to 13% of Gross Sales for Non-Standard Shops/Kiosks. Non-standard shops are generally located within another facility like retail stores, universities, petro or gas stations, hospitals or airports, within retail centers, or on less than one acre of real estate. Franchisees may face competition from other franchisees, from outlets that the franchisor owns, or from other channels of distribution or competitive brands that it controls. An error has occurred please try again later. Find a profitable Business for Sale that’s perfect for you. Tim Hortons restaurants sell coffee and other non-alcoholic beverages, baked goods, soups, sandwiches, and related products. Commercial Spaces for Sale or Lease, Business Financial Services There are generally 3 types of non-standard shops: (i) a built-in kiosk; (ii) a full service cart; and (iii) a double drive thru. The franchisor does not guarantee a franchisee’s notes, leases, or obligations to third parties. They later merged with Wendys and became a public company until it was merged with Burger King in 2014. Other Business Services Cleaning & Janitorial Businesses for Sale 15. Advertising & Promotional Businesses for Sale Warehouse & Storage Businesses for Sale Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. Service Franchises for Sale The above information has been compiled from the FDD of Tim Hortons. Financial Assistance: If franchisees lease/sublease their shop premises location from the franchisor or an affiliate the terms of the lease or sublease will be site-specific. Retail Spaces for Lease or Sale All Rights Reserved. Commercial Construction & Renovation Services The franchisor has entered into an arrangement with Balboa Capital Corporation under which Balboa will offer financing to franchisees to finance up to $600,000 of the cost to renovate a Tim Hortons shop or up to $250,000 of the cost to purchase new point-of-sale (POS) equipment. 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Business Consulting Services An email will be sent to registered email address. Franchisees cannot delegate this responsibility except in very special circumstances and subject to the franchisor’s prior approval. Year of FDD: 2020. Approving Suppliers Requested by Franchisee. Already have a Business Exchange account? Non-Standard/Kiosk: The versatility of kiosks allows them to be installed in almost any type of location or area. Commercial Buildings for Sale or Lease Renewal or extension of the term is not applicable. Franchisees must sell all of the products and services the franchisor requires in the manual or may otherwise specify in writing as being part of the Tim Hortons system. Training Overview: All franchisees must attend and satisfactorily complete the initial training program before they may open their shop. This training is typically approximately 20 days over a period of approximately one to four weeks, and is held at the franchisor’s affiliate's principal office in Oakville, Ontario, Canada, or at another certified training location it selects. Accounting & Tax Services The franchisor’s reasonable legal and administrative expenses incurred in processing changes resulting from the reorganization of the franchisee’s business structure. Ault Global Holdings Inc., through its subsidiaries, designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical, and industrial-telecommunication industries in North America, Europe, the Middle East, and internationally. Child Care & Education Franchise Opportunities, Retail Buildings for Sale or Lease Established in 1996, the website is an international marketplace of businesses for sale. Don't have an Account yet? Term of Agreement and Renewal: Typically, all shops have an initial term that begins when the Franchise Agreement is signed by franchisees and the franchisor, and expires 20 years, less one day, after the franchised restaurant opens for business, except for non-standard shops/kiosks, whose terms can vary depending upon the circumstances but are generally 5-10 years less one day based upon the location of the non-standard shop/kiosk, menu offering, existence of a drive thru, non-exclusive seating, and other factors. Initial Tim Hortons complaints should be directed to their team directly. Find many great new & used options and get the best deals for 2020-21 UD TIM HORTONS DC RED DIE CUT PARALLELS - Finish UR Set - PICK FROM LIST at the best online prices at eBay! *The estimated initial investment range covers from a new “Non-Standard Shop/Kiosk” up to a new “Standard Shop.”. Franchisees, or a managing director they designate (and approved by the franchisor), must; (i) operate their shop on a full-time basis; and (ii) reside in the United States at a location no further than 30 miles from the shop or another Tim Hortons shop they operate. Digital Marketing Business for Sale Register here. in, Already have a Business Exchange account? Commercial & Residential Mortgage Services
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