Tim Horton Franchise: Benefits, Cost, Eligibility, Applying Process, Contact Details
Before knowing Tim Hortons Franchise we must know go through this segment. In India we cannot imagine any occasions, event, casual or formal meet, and our daily life without tea or coffee. India is a country where people love tea, coffee and other beverages because these are the stress busters as well as refreshment items. India is the 6th biggest coffee producing country in the world. More than 68% peoples of India consume coffee. So we can understand the popularity and demand of the cafes in India and it is rising day by day.
In India much coffee franchise has established to fulfill the huge demand. Barista, Cafe Coffee Day, and Starbucks are a few top coffee shops where people can have excellent coffee and other baking products. Having a cup of coffee is additionally a chance to spend with family, colleagues and friends.
As the cafe business in India consistently growing and spreading all over India. It is very popular drink from eight to eighty, thus, this is the best opportunity to invest in most demanding industry in India. There are many coffee brands which provide franchise opportunity in India. One such popular brand which offers an ideal business opportunity for interested people is the Tim Hortons Coffee Chain in India. In this blog you will know How to Get Tim Hortons Franchise in India and its benefits, cost, eligibility, applying process, FAQ & contact Details. Read the blog to get more information about the Tim Hortons franchise.
History of Tim Hortons:
Tim Hortons Franchise is a popular Canadian restaurant chain renowned for its varieties of coffees, hot chocolate tea packs, cappuccinos, donuts and varieties of drinks. Tim Hortons is owned by Restaurant Brand Internationals, a widely popular Canadian-American holding organization that owns the world famous burger brand, Burger King.
Tim Hortons was established in 1964 by the famous hockey player Tim Hortons and later partner with Ron Joyce, the major investor in Tim Hortons. Tim Hortons opened their first franchise outlet in 1967. Tim Horton died in a car collision in 1974, after that Ron Joyce took control over the activities of the Tim Hortons chain. Presently Tim Hortons has in excess of 5000 outlets across 15+ countries in the world and the numbers are developing quickly.
Tim Hortons Franchise Model:
Franchisees of Tim Hortons can open a shop and sale coffee and other non-alcoholic drinks, baking items, soups, sandwiches and related items, under the franchisor’s particular model and working framework. The company grants franchise agreements to open two types of shops:
Standard Shop: A standard shop is the traditional Tim Hortons shop. It produces, stocks, and sells various baking items like donuts, cookies, biscuits, tarts, as well as coffees and different drinks. Most standard shops likewise offer different soups, bean stew, and sandwiches. The standard shop should have the space 1,000 – 2,300 square feet, contains a seating area for customers, and provides a drive-through facility. The standard shop may likewise be an independent, an in-line shop, or a shop inside another facility.
Non-Standard/Kiosk: The flexibility of non-standard shops permits them to be introduced in practically any type of area or region. There are two kinds of non-standard shops: (I) a build-in kiosk and (ii) a full service cart. The build-in kiosk is made to provide facility any product format however is the most ideal for a full menu line, including coffee, baking items, and sandwiches. The build-kiosk depends upon the proposed area. The full service cart is modular and can be modified to suit the size, area and customer interest of its area.
Tim Hortons Franchise Menus:
It includes Coffee, Dark Roast coffee, Steeped Tea, Speciality Tea, French Vanilla, Hot Chocolate, Coffee Mocha, Latte in different flavors, cappuccino, Americano, Espresso & a number of other hot beverages.
It Contains Unsweetened and sweetened Brewed Iced Tea, Iced Coffee, Cold Brew, Vanilla Cream Cold Brew, Caramel Cold Brew, Nitro Cold Brew, Iced Capp, Iced latte, Iced Caramel Macchiato, Fruit Chill, Fountain Soda & much more.
Donuts, Timbits and Bagles Menu
There are varieties of donuts and timbits presend in the cafe they are- caramel pecan dream donut, boston cream, apple fritter, vanilla cream, honey dip timbit, chocolate glazed timbit, sour cream blueberry glazed timbit. In bagle you can get plain bagle, everything bagle, cinnamon raisin bagle, twelve grain bagle, plain bagle, cinnamon raisin bagel & many more.
It includes tuna salad sandwich, ham & swiss sandwich, chipotle chicken wrap, panini, chili.
Baked Goods Menu
Tim Hortons is very popular for its baking items. It consists chocolate chip muffin, fruit explosion muffin, wild blueberry muffin, chocolate chunk cookie, Oatmeal raisin cookie, cookies half dozen, cookies dozen, croissant
Why choosing Tim Hortons Franchise ?
There are many reasons to choose Tim Hortons franchise. Here we are providing some major reasons, they are as follows-
Popular cafe brand:
The Tim Hortons chain has been in this market for over 60 years, its expertise, varieties of the menu, and excellent customer experience have made them developing broadly across different nations and made them the most popular and loved cafe chain in the world.
Digital development and leadership:
Tim Hortons offers a world class digital development team and leaders that allow the chain to improve and provide unique menus each time you visit.
The company wants to expand its outlets in the world. They presently have about 5500 retail outlets in Canada, US, and different countries.
Tim Hortons is one such chain that has strong foundation and has consistently works with its fundamentals. They often change their menus, building leading royalty programs continually, and at last serves the best quality food to the customers.
Promotional and marketing support:
Franchisees need not about brand promoting and advertising. After taking a Tim Hortons franchise, the company handles marketing and other promotional activities for the brand.
Influence on good client base:
Tim Hortons has set up a good foundation for itself as a trustworthy brand among its customers by giving a tasty and reasonable food range. Presently Tim Hortons has the client base of more than 1 million peoples.
Eligibility Criteria for Tim Hortons Franchise:
- It is preferable if the candidate have an experience in restaurant or food segments.
- Need a passionate and leadership quality filled candidate who can run the business successfully.
- The candidate can invest his full time in this business and always ready to do for the development of the outlet.
- The candidate should have capability to open multiple restaurants and expand the business.
Requirements of Tim Hortons Franchise:
- Before applying for the franchise the applicant must fulfill the following requirements-
- The candidate must have adequate fund to invest for Tim Hortons franchise and its development.
- The candidate must have 1 crore to 12 crores rupees liquid fund to invest.
- The franchise outlet required 1000 – 2300 square feet space in any main location
Space Required for Tim Hortons Franchise:
It is always preferable that the outlet should be at a prime location of the city or near highways area for Drive through & Dine in facility. It basically required an area of 1000 to 2300 square feet with a seating area, washroom, parking & other required restaurant facilities.
Tim Hortons Franchise Cost:
To start a Tim Hortons franchise in India you must know how much you have to invest to open a store. You should have 1-12 crores to invest for starting the Tim Hortons franchise store. The franchise fee is depending upon the model. The franchise fee ranges from 20 to 40 lakhs. The investment vary due to some factors like franchise model, city, country, staffs payment, electricity, rent
Tim Hortons Franchise Profits & Margin:
Tim Hortons is a renowned brand and very popular in people due to its quality and taste of the products. The company never compromises with the service quality. As per the previous record of cafe shop business the franchise owner can earn around 12-15 % net profit margin. The profit can increase from the next year of the establishment of the store, as the sales of the store will be increased.
Tim Hortons Franchise Support:
The company plan to expand its business by providing franchisees in India. Tim Hortons provides all necessary supports to their franchise partners, they are as follows-
- The company help in choosing the location of the store and helps in construct the store and interior designing.
- The company provides the detailed training to the franchise and staffs before opening the shop.
- The company helps in deciding the menu and price.
- The franchise need not worry about the advertisement and marketing of the brand because the company looks after this part.
Tim Hortons Franchise Applying Process
- If you are eligible and interested in applying for a franchise with Tim Hortons, then you need to go to their franchise page https://franchising.timhortons.com/
- At the bottom of this website, you’ll get a welcome message on behalf of this franchise. Tim Hortons franchise. Here you will get the Apply Now link.
- Click on it and fill up your personal information.
- Enter information like the name, email ID, phone no., address, country zip code, city name, state etc.
- The next part of the process, you have to write a short summary of your professional experience.
- After completion of your registration process, you will receive the confirmation call.
- Then your application will then be under verification. In this process the financial capacity of your business plan, credit and background information are checked by the company.
- If you have passed the verification process then you will be contacted for an interview where you have to attend a meeting and talk to members of the Tim Hortons franchise team.
- At the final process if you are approved then you will need to sign an agreement where all the terms and conditions and policies are mentioned.
- After receiving the franchising agreement the franchise owner must go through the franchise training process and submit a website for approval.
Tim Hortons Franchise Contact Details:
If you are planning to own the Tim Horton Franchise and you have a query then you may contact to the company via given details as I’ve mentioned below:
Phone: +1 (888) 601-1616 (Toll-Free)
Starting a Tim Hortons franchise business in India is a beneficial business opportunity for interested candidates who are willing to provide good product and service in restaurant and cafe business. The initial investment is little high but in terms of long run Tim Hortons franchise will be beneficial because it is a continue source of income. It is a well known brand so you will get many trusted customers.
It is advisable before starting a Tim Hortons franchise in India, it is necessary to know about the company and its details properly, also go through a market research then plan to own the franchise. The company is continuously searching for franchisees who are dedicated, can provide quality, provide good customer service and expand the Tim Hortons brand. Hope you have liked this blog we tried to explain some useful points for Tim Hortons franchise.
FAQ(Frequently Asked Question):
Q) Who are the main competitors of Tim Hortons?
Ans- The main competitors of Tim Hortons are- Cafe Coffee Day, Starbucks.
Q) When the first outlet of Tim Hortons ware opened?
Ans-In India the first two outlets was opened in NCR region Gurgaon and Saket on August 11 2022.
Q) What is the cost of the Tim Hortons franchise?
Ans- Tim Hortons franchise cost is 1-12 crores and the franchise fee is 20-40 lakhs. The franchise fee is included in this cost.
Q) What is the business model of Tim Hortons?
Ans- There are two types of business models are provided by Tim Hortons- Standard Shop and Non-Standard/Kiosk.
Q) What is the suitable location of Tim Hortons store?
Ans- It is preferable to open in a high footfall area of the city. It could be in market area, shopping mall, near any educational institution or in the highway.
We hope you enjoyed reading this blog entry on the Tim Hortons Franchise Cost in India. For additional useful articles like this, keep visiting YMW Solutions.
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