Tim Hortons

Franchise Information

Analyzed filing: MN · File #1622417746

Filed: Mar 20, 2026

FDD Issued: Mar 13, 2026

Extracted: Aug 1, 2026

Analyzed

Franchisor Details

Name: Tim Hortons USA Inc.

Parent: Restaurant Brands International Limited Partnership

Address: 5707 Blue Lagoon Drive, Miami, Florida 33126

Phone: (305) 378-7128

Website: www.timhortons.com

Franchising Since: 1993

Industry & Qualifications

Industry

Food & Beverage

Training

5 weeks

Franchise Fee

$25,000 - $50,000

Royalty

4.5%

Ad Fund: 4.0%

Total Investment

$148K - $3.31M

Initial Term

20 years

Non-renewable

Outlet Information

Total Outlets (2025)

693

Franchised

669

Company-Owned

Opened (Last Year)

+42

Closed (Last Year)

-11

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Development Agreement does not grant exclusive rights to develop in the Territor...

Item 19 (Financial Performance)

Disclosed

Monthly gross sales figures annualized (multiplied by 12). Data from 585 franchi...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2025)

$1,294,140

Median

$1,237,464

Highest

$5,225,760

Lowest

$126,312

% Achieving Avg

46.0%

Sample Size

585 units

Unit Economics

Labor Cost

30.0%

COGS

29.0%

Legal History

Litigation: Yes

Pending litigation includes Olympia Tile International Inc. vs. RBI et al. (breach of contract), Ges...

Bankruptcy: None

View filing:

Number	File name	Source State	Filing Date	Actions
1622417746	MN_35506-202603-05_tim-hortons-usa-inc.pdf Canonical 2026 analysis · newest filing	MN	Mar 20, 2026	Restricted
58974696	MN_35506-202603-08_tim-hortons-usa-inc.pdf Alternate source copy	MN	Mar 20, 2026	Restricted
754616016	MN_32986-202503-09_tim-hortons-usa-inc.pdf Alternate source copy	MN	Mar 21, 2025	Restricted
1924104164	MN_32986-202503-08_tim-hortons-usa-inc.pdf Canonical 2025 analysis	MN	Mar 21, 2025	Restricted
206543	509855_Franchise__Tim_Hortons___Exemptions_EFDI_Virginia_206543.pdf Alternate source copy	VA	Mar 13, 2025 FDD issue date	Restricted
207681	509855_Franchise__Tim_Hortons___Exemptions_EFDI_North Dakota_207681.pdf Alternate source copy	ND	Mar 13, 2025 FDD issue date	Restricted
208480	430267_Franchise__Tim_Hortons_EFDID__430267_South Dakota_208480.pdf Alternate source copy	SD	Mar 13, 2025 FDD issue date	Restricted
637817	637817_tim-hortons-usa-inc-.pdf Alternate source copy	WI	Mar 13, 2025 FDD issue date	Restricted
130798	509855_Franchise__Tim_Hortons___Exemptions_EFDI_Virginia_130798.pdf Alternate source copy	VA	Mar 13, 2024 FDD issue date	Restricted
130479	509855_Franchise__Tim_Hortons___Exemptions_EFDI_North Dakota_130479.pdf Canonical 2024 analysis	ND	Mar 13, 2024 FDD issue date	Restricted
132226	430267_Franchise__Tim_Hortons_EFDID__430267_South Dakota_132226.pdf Alternate source copy	SD	Mar 13, 2024 FDD issue date	Restricted
53902	509855_Franchise__Tim_Hortons___Exemptions_EFDI_Virginia_53902.pdf Alternate source copy	VA	Mar 13, 2023 FDD issue date	Restricted
53669	509855_Franchise__Tim_Hortons___Exemptions_EFDI_North Dakota_53669.pdf Canonical 2023 analysis	ND	Mar 13, 2023 FDD issue date	Restricted
54783	430267_Franchise__Tim_Hortons_EFDID__430267_South Dakota_54783.pdf Alternate source copy	SD	Mar 13, 2023 FDD issue date	Restricted
15053	509855_Franchise__Tim_Hortons___Exemptions_EFDI_Virginia_15053.pdf Canonical 2022 analysis	VA	Mar 14, 2022 FDD issue date	Restricted
12929	509855_Franchise__Tim_Hortons___Exemptions_EFDI_North Dakota_12929.pdf Alternate source copy	ND	Mar 14, 2022 FDD issue date	Restricted

Showing 1–16 of 16 files.