How much does it cost to purchase a Tim Hortons franchise?
The cost of a full Canadian franchise varies from $430,000 to $480,000* (CDN$) (plus all applicable taxes). At least $144,000 of the franchise cost must be unencumbered (cash or liquid assets), in addition to $50,000 in working capital (also unencumbered). The remaining amount may be financed through the chartered banks, upon approval of a franchise. * The cost of a Tim Hortons license may exceed $480,000 in certain locations due to higher development costs. NOTE: Satellite franchisees (i.e. kiosks, malls, petroleum sites, airports, universities) are not available to a franchisee as their first location.
