- Last Year Rank: 16
- Investment Range: $243,500 - $2,177,500
- Initial Investment: $50,000
- Category: Restaurant
Company Description
Tim Hortons is Canada’s largest quick-service restaurant chain offering coffee, donuts and signature breakfast items. It first opened in 1964 in Hamilton, Ontario, Canada, and expanded to the U.S. in the 1980s. The brand is named after one of its founders, Tim Horton, who was a player for the Toronto Maple Leafs.
Ontario-based Restaurant Brands International operates Tim Hortons, along with fast-food restaurant brands Burger King, Firehouse Subs and Popeyes Louisiana Kitchen.
Through its Tims Coffee for Communities program, the Canadian chain works with coffee farmers in Brazil, Colombia, Guatemala and Indonesia.
Company Statistics
- Global Sales: $8,105,000,000
- US Units: 663
- International Units: 5,380
- Total Units: 6,043
- Percent Franchised: 99%
- % International Units: 89%
- US Franchised Units: 640
- International Franchised Units: 5,371
- Sales Growth %: 3.3%
- Unit Growth %: 3.6%
