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.
In 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?