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)
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
60 yrs

Franchise Disclosure Documents

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