Franchise opportunities compared

    Tim Ho Wan vs Tomasos

    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

    Tim Ho Wan

    $3,195,009 – $3,825,209

    2025 FDD · Item 7 · PDF p. 15

    Tomasos

    $145,200 – $319,100

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    Tim Ho Wan

    $110,000

    2025 FDD · Item 5 · PDF p. 12

    Tomasos

    $50,000

    2025 FDD · Item 5 · PDF p. 9

    Royalty · Item 6

    Tim Ho Wan

    3%

    2025 FDD · Item 6 · PDF p. 12

    Tomasos

    3%

    2025 FDD · Item 6 · PDF p. 9

    Before you compare

    • Both sets of figures come from 2025 FDDs.
    • Tomasos discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only neither brand has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Tim Ho Wan

    $3,195,009 – $3,825,209
    Total estimated initial investment
    2025 FDD · Item 7 · PDF p. 15

    Tomasos

    $145,200 – $319,100
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Tim Ho Wan

    $110,000
    2025 FDD · Item 5 · PDF p. 12

    Tomasos

    $50,000
    2025 FDD · Item 5 · PDF p. 9
    Royalty (Item 6)

    Tim Ho Wan

    3%
    Monthly royalty — payable in SGD
    2025 FDD · Item 6 · PDF p. 12

    Tomasos

    3%
    Royalty percentage
    2025 FDD · Item 6 · PDF p. 9
    Brand / advertising fund (Item 6)

    Tim Ho Wan

    Not available
    No reviewed brand or advertising fund fee

    Tomasos

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Tim Ho Wan

    6
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 32

    Tomasos

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Tim Ho Wan

    +0
    Calculated: 6 at end of 2022 → 6 at end of 2024

    Tomasos

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Tim Ho Wan

    Not available
    No complete exit records for a year

    Tomasos

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Tim Ho Wan

    Not available
    Not in reviewed records

    Tomasos

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Tim Ho Wan

    Not available
    Not in reviewed records

    Tomasos

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Tim Ho Wan

    Not disclosed — no Item 19 financial performance representation

    TTomasos

    Not disclosed — no Item 19 financial performance representation

    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.

    Tim Ho Wan vs Tomasos: common questions

    Which costs less to open, Tim Ho Wan or Tomasos?
    Tim Ho Wan: $3,195,009 – $3,825,209 (2025 FDD · Item 7 · PDF p. 15); Tomasos: $145,200 – $319,100 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Tomasos. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Tim Ho Wan and Tomasos royalties compare?
    Tim Ho Wan: 3% (2025 FDD · Item 6 · PDF p. 12); Tomasos: 3% (2025 FDD · Item 6 · PDF p. 9). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Tim Ho Wan and Tomasos disclose financial performance (Item 19)?
    Tim Ho Wan makes no Item 19 financial performance representation; Tomasos makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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