Franchise opportunities compared
Qargo Coffee 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
Qargo Coffee
$155,400 – $624,500
2026 FDD · Item 7 · PDF p. 15Tim Hortons USA, Inc.
$60,150 – $3,312,500
2026 FDD · Item 7Initial franchise fee · Item 5
Qargo Coffee
$50,000
2026 FDD · Item 5 · PDF p. 11Tim Hortons USA, Inc.
$50,000
2026 FDD · Item 5 · PDF p. 27Royalty · Item 6
Qargo Coffee
6%
2026 FDD · Item 6 · PDF p. 12Tim Hortons USA, Inc.
4.5%
2026 FDD · Item 6 · PDF p. 29Before you compare
- Both sets of figures come from 2026 FDDs.
- Tim Hortons USA, Inc. discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only Tim Hortons USA, Inc. has reviewed Item 19 figures here.
Financial commitment
Tim Hortons USA, Inc.Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
System scale & health
Tim Hortons USA, Inc.Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
Qargo Coffee
Tim Hortons USA, Inc.
Financial performance (Item 19), by location group
Not disclosed — no Item 19 financial performance representation
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.
Qargo Coffee vs Tim Hortons USA, Inc.: common questions
- Which costs less to open, Qargo Coffee or Tim Hortons USA, Inc.?
- Qargo Coffee: $155,400 – $624,500 (2026 FDD · Item 7 · PDF p. 15); 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 Qargo Coffee and Tim Hortons USA, Inc. royalties compare?
- Qargo Coffee: 6% (2026 FDD · Item 6 · PDF p. 12); 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.
- Which has more locations, Qargo Coffee or Tim Hortons USA, Inc.?
- Qargo Coffee: 10 (2026 FDD · Item 20 · PDF p. 39); Tim Hortons USA, Inc.: 669 (2026 FDD · Item 20 · PDF p. 85). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Qargo Coffee and Tim Hortons USA, Inc. disclose financial performance (Item 19)?
- Qargo Coffee makes no Item 19 financial performance representation; 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 Qargo Coffee 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




