Coffee

Tim Hortons

Miami, FL · Founded 1984 · THMR

Tim Hortons USA Inc. franchises Tim Hortons Shops that sell coffee and other non-alcoholic beverages, baked goods, soup, sandwiches, and related products. Franchisees operate either Standard Shops (typically 1,000 to 2,300 square feet with seating and optional drive-thru) or Non-Standard Shops (self-service carts with limited menus).

2026 Franchise 500
Unranked
693
units (2025)
4.5%
year over year

Units by Year

637
2021
636
2022
642
2023
663
2024
693
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$913,000 – $3,013,500
FDD Item 7
Franchise fee
$50,000
FDD Item 5
Ad fund
4%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

6% of Gross Sales

Leadership

  • Axel Schwan

    President, Tim Hortons (Americas)

  • Jill Granat

    Secretary

  • Sami Siddiqui

    Chief Financial Officer and Vice President

  • Patrick Doyle

    Executive Chairman of Restaurant Brands International Inc.

  • Joshua Kobza

    Chief Executive Officer of Restaurant Brands International Inc.

  • Katerina Glyptis

    Regional President

  • Maria Posada

    Vice President, Head of Marketing

  • Eric Goldhersz

    Vice President, Franchise Operations & Operations Excellence

  • Joseph Cheng

    Vice President Finance

  • Ryan Ferranti

    Vice President, Development & Franchising

On File

FDD years
Select a year to open the FDD
Franchisee records
649
Current roster rows
Signed, not open
0
FDD Item 20, Table 5
Franchising for
33 yrs

Franchise Disclosure Documents

Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.