How much do Tim Hortons Owners earn annually?

Ever wonder the gross and net annual incomes a Tim Hortons owner earn each year?

Tim Hortons store owner pockets each year: $265,558 and more (after tax & interest)!!!

In year 2002 for an average Tim Horton’s outlet:
Gross earning: $1.5Million before interest and taxes
Net earning: $174,280 after taxes and overhead expenses.

How much do Tim Hortons Owners earn annuallyIn year 2008 for an average Tim Hortons franchisee:
Net profit: $265,000 after taxes and expenses
** Tim Hortons franchisees in Saskatchewan were even more lucrative with net profit almost $400,000!!!

In year 2011 (three years from 2008), well, you can guess the number will only go in one direction: UP!

Now, does your heart feel kinda itchy and would like to become an owner of Tim Hortons franchise?

Insider Info: Set Up Your Own Tim Hortons Franchise Business?

To read more on How to Set Up Tim Hortons – Risks, Benefits & Costs
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22 Responses to How much do Tim Hortons Owners earn annually?

  1. Terey on 2018/03/01 at 5:00 pm

    A minim wage increase to 15 dollars would cost the average franche
    250,000. The whole profit.

    • John J Johnston on 2018/03/12 at 7:53 pm

      Based on what numbers ? How many employees work there, how many hours per day on average ?

  2. Daniel Lafontaine on 2018/01/11 at 2:09 pm

    Does overhead cover royalties paid to headquarters?

  3. Bruce Duncan on 2017/09/04 at 5:32 pm

    Interested in a franchise in Belfast. N.Ireland. can’t you help me ??

  4. lan on 2017/02/11 at 3:09 am

    I like to buy a Tim Hortons in Saskatchewan

  5. Robby on 2016/11/25 at 7:36 pm

    We profited $300,000 last year after expenses

  6. rajab ali on 2016/10/18 at 5:48 pm

    Hi, Any one have Tim Horton For Sale In BC?

  7. ildiko on 2016/10/17 at 12:27 am

    We would like to buy a Tim Hortons in Mississauga, ON. What do you need to qualify?

    • Jean Simard on 2018/01/11 at 4:42 pm

      The cost of a Tim Hortons franchise varies depending on the restaurant size and location, along with other factors. You must have $1.5million in net worth and $500,000 liquid assets in order to qualify. Financial requirements may be lower or higher depending on the transaction type.

  8. wije on 2015/03/31 at 1:39 am

    I would like to buy a Tim Hortons.

    • Chris Settelen on 2016/01/06 at 5:24 pm

      There is a successful one for sale in Norfolk, Virginia on the Norfolk Naval Station.

  9. sivathas on 2012/12/04 at 2:38 pm

    So how much I could make if I bought one exactly.

    I like to buy one in Montreal. please let me know that all the expenses and fees that I should pay.

  10. What on 2012/06/10 at 2:57 pm

    Do all these estimates including what doctors make a year include HOW MUCH they get back in income tax every year OR is all this AFTER they include all their BUSINESS TAX WRITE OFFS? Have we all forgotten that there is an income tax act in which businesses get to deduct almost all of their expenses in doing business in this country so are all these quotes including what they write off or get back each year?

    • reality check on 2015/03/18 at 1:53 pm

      It clearly states “after taxes”, which anybody who is not a conspiracy theorist would understand means “after paying the taxes on all non-tax deductible income”. Business don’t magically make more money than they make due to tax write-offs. Those don’t generate free money. They simply make it possible to run a business. Without tax write-offs the profits wouldn’t cover the expenses and taxes.

    • pete on 2017/02/07 at 9:42 pm

      Business write off means it’s a business expense. You still have to pay for it,
      tax write off only covers the tax you paid on expenses..So if you buy 113$ in expenses, you get to write off the expense- the tax is 13? so you get back 13$. The government doesn’t give you anything extra…because when you sell that item the customer will pay the tax. If business’ paid HST there would be 13% collected all the way down the chain of commerce earning the government 13% Everytime that item changed hands. By the end of the chain the government would of earned 130% the initial cost in taxes if the product went through 10 hands before reaching the consumer.You only get back money you paid out.

  11. chee on 2012/04/11 at 4:14 pm

    However, if they only net around $176,000 after interest and taxes from the original gross amount of $1.5 million dollars…that would leave me with the question….how much do they pay in franchisee fees??? that is an astronomical drop !!! 😐

    • Janet on 2015/02/10 at 7:37 pm

      they pay around 480k-510k in franchising fees, additional 50k as startup(one time payment), royalties and adv fees that add upto 18% of gross sales

      • Jerry on 2015/02/13 at 6:04 am

        35k is the franchise fee 4.5% of gross sales go to royalties and the 480-510k goes towards equipment and buildout

  12. Monika on 2012/02/17 at 8:47 pm

    Thank you! This is great info and exactly what I have book looking for! Not sure why Tim’s don’t just put it up on their website.

    • ashley on 2012/04/10 at 5:06 pm

      thanks you i agree with you !!! this dose not help me at all i think tim’s dose not want anyone to know do you know how much they make in a year ??……. i can’t find any websites that tell me ……

    • Shelley on 2012/05/02 at 9:56 pm

      I have read up on the Tim Hortons franchise opportunity. I feel they do not post it because it can very quite alot from location to location. If you go to Tim Hortons website they have posted their annual reports. This is public information because it is a publicly traded company.

  13. Dave on 2011/05/07 at 11:09 pm

    Thanks for this start-up information. This is exactly what I’ve been looking for. On the side note, though, unless you’re the sole owner of a Tim Hortons franchise, the revenue is split among your partners through parternship business format.

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