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. 15Tomasos
$145,200 – $319,100
2025 FDD · Item 7Initial franchise fee · Item 5
Tim Ho Wan
$110,000
2025 FDD · Item 5 · PDF p. 12Tomasos
$50,000
2025 FDD · Item 5 · PDF p. 9Royalty · Item 6
Tim Ho Wan
3%
2025 FDD · Item 6 · PDF p. 12Tomasos
3%
2025 FDD · Item 6 · PDF p. 9Before 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
Tim Ho WanTim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
System scale & health
Tim Ho WanTim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
Tim Ho Wan
Tomasos
Financial performance (Item 19), by location group
Tim Ho WanNot disclosed — no Item 19 financial performance representation
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.
Keep researching

Full Tim Ho Wan report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Tomasos report
Every reviewed fee, Item 19 group, outlet table and territory disclosure


