Tim Hortons
Source filing: WI · filed 2026-03-13
Item 5 — Initial franchise fee
$50,000 [p.27 · WI · 2026-03-13]
Item 6 — Recurring fees (royalty & advertising)
| Royalty | 4.5% to 6% of Gross Sales2,3/ [p.29 · WI · 2026-03-13] |
|---|---|
| Advertising Contribution4/ | 4% of Gross Sales [p.29 · WI · 2026-03-13] |
| Advertising Contribution | 4% of Gross Sales [p.33 · WI · 2026-03-13] |
Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.
Item 7 — Estimated initial investment (total)
Not disclosed – Not disclosed
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 640 [p.85 · WI · 2026-03-13] |
|---|---|
| Franchised outlets at end of year | 669 [p.85 · WI · 2026-03-13] |
| Net change in franchised outlets | 29 [p.85 · WI · 2026-03-13] |
| Transfers | 4 [p.86 · WI · 2026-03-13] |
| Terminations | Not disclosed |
| Non-renewals | Not disclosed |
| Ceased operations (other) | Not disclosed |
| Company-owned outlets at end of year | 24 [p.85 · WI · 2026-03-13] |
Item 19 — Financial performance representation
Headline cohort
same Standard Shop comparable sales 2024-2025 (same shop sales growth) · 2024-2025 comparison
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 579 [p.83 · WI · 2026-03-13] | $2 [p.83 · WI · 2026-03-13] | $2.10 [p.83 · WI · 2026-03-13] | Not disclosed | Not disclosed |
All disclosed cohorts (3)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| franchised Standard Shops with at least 10 months of sales reporting in 2025 (2025 Shops) monthly 2025 non-annual metric (not annualized); excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Standard Shops with COGS and labor expense reporting in 2025 (subset of 2025 Shops) monthly 2025 non-annual metric (not annualized); expense measure, not gross revenue |
510 [p.82 · WI · 2026-03-13] | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| same Standard Shop comparable sales 2024-2025 (same shop sales growth) 2024-2025 comparison |
579 [p.83 · WI · 2026-03-13] | $2 [p.83 · WI · 2026-03-13] | $2.10 [p.83 · WI · 2026-03-13] | Not disclosed | Not disclosed |
“The average monthly Gross Sales of the 2025 Shops was $107,845.” [p.82 · WI · 2026-03-13]
Extraction notes
- Item 7 totals were extracted with model assistance and verified against the cited page.
- The headline cohort's description does not explicitly state the population is franchised outlets — population not verified.
- A non-annual Item 19 metric was excluded from headline consideration; it is labeled, never annualized.