Franchise opportunities compared
Dunkin' vs Tim Hortons USA, Inc.
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Dunkin'
$142,000 – $1,832,500
2026 FDD · Item 7Tim Hortons USA, Inc.
$60,150 – $3,312,500
2026 FDD · Item 7Initial franchise fee · Item 5
Dunkin'
$40,000
2026 FDD · Item 5 · PDF p. 35Tim Hortons USA, Inc.
$50,000
2026 FDD · Item 5 · PDF p. 27Royalty · Item 6
Dunkin'
5.9%
2026 FDD · Item 6 · PDF p. 44Tim Hortons USA, Inc.
4.5%
2026 FDD · Item 6 · PDF p. 29Before you compare
- Both sets of figures come from 2026 FDDs.
- Dunkin' and Tim Hortons USA, Inc. disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (Dunkin': 13, Tim Hortons USA, Inc.: 3). Different groups are not directly comparable.
Financial commitment
Dunkin'
Tim Hortons USA, Inc.Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
System scale & health
Dunkin'Tim Hortons USA, Inc.Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
Dunkin'
Tim Hortons USA, Inc.
Financial performance (Item 19), by location group
Dunkin'Tim Hortons USA, Inc.Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Dunkin' vs Tim Hortons USA, Inc.: common questions
- Which costs less to open, Dunkin' or Tim Hortons USA, Inc.?
- Dunkin': $142,000 – $1,832,500 (2026 FDD · Item 7); Tim Hortons USA, Inc.: $60,150 – $3,312,500 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Tim Hortons USA, Inc.. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Dunkin' and Tim Hortons USA, Inc. royalties compare?
- Dunkin': 5.9% (2026 FDD · Item 6 · PDF p. 44); Tim Hortons USA, Inc.: 4.5% (2026 FDD · Item 6 · PDF p. 29). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Do Dunkin' and Tim Hortons USA, Inc. disclose financial performance (Item 19)?
- Dunkin' has reviewed Item 19 figures for 13 location groups; Tim Hortons USA, Inc. has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full Dunkin' report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Tim Hortons USA, Inc. report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
