Franchise opportunities compared
Tim Hortons USA, Inc. vs Travelin' Toms Coffee
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.
Before 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.
| Disclosure |  Tim Hortons USA, Inc. |  Travelin' Toms Coffee |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $60,150 – $3,312,500 2026 FDD · Item 7 | $185,121 – $265,325 Total estimated initial investment excluding additional equipment — low estimate 2026 FDD · Item 7 · PDF p. 28 |
| Standard initial franchise fee (Item 5) | $50,000 2026 FDD · Item 5 · PDF p. 27 | Not available No single standard fee identified |
| Royalty (Item 6) | 4.5% Franchise royalty rate low 2026 FDD · Item 6 · PDF p. 29 | $667 Annualroyaltyyears3–6 6installments October 31 2026 FDD · Item 6 · PDF p. 24 |
| Brand / advertising fund (Item 6) | 4% Advertising contribution rate — 4% 2026 FDD · Item 6 · PDF p. 29 | $1,000 Unauthorizedadvertising 2026 FDD · Item 6 · PDF p. 16 |
| System scale & health | ||
| Total outlets (Item 20) | 669 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 85 | Not available No reviewed outlet counts |
| Net outlet change (Item 20) | −615 Calculated: 1,284 at end of 2023 → 669 at end of 2025 | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | 1984 From a verified franchisor listing | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — Franchised Standard Shops reporting at least 10 months of 2025 sales; Gross Sal… 17 units other New Model shops in 2025 Shops · 2026 FDD · Item 19 · PDF p. 82 Locations counted not stated in the reviewed record — Standard Shops in 2025 Shops with COGS and labor expense information 266 units other Shops at/above average COGS · 2026 FDD · Item 19 · PDF p. 82 Locations counted not stated in the reviewed record — 2025 Shops reporting comparable same-month Standard Shop Gross Sales for 2024 a… 2 percent other Same shop gross sales growth average 2024–2025 · 2026 FDD · Item 19 · PDF p. 83 | 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 Hortons USA, Inc. vs Travelin' Toms Coffee: common questions
- Which costs less to open, Tim Hortons USA, Inc. or Travelin' Toms Coffee?
- Tim Hortons USA, Inc.: $60,150 – $3,312,500 (2026 FDD · Item 7); Travelin' Toms Coffee: $185,121 – $265,325 (2026 FDD · Item 7 · PDF p. 28). 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 Tim Hortons USA, Inc. and Travelin' Toms Coffee royalties compare?
- Tim Hortons USA, Inc.: 4.5% (2026 FDD · Item 6 · PDF p. 29); Travelin' Toms Coffee: $667 (2026 FDD · Item 6 · PDF p. 24). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Do Tim Hortons USA, Inc. and Travelin' Toms Coffee disclose financial performance (Item 19)?
- Tim Hortons USA, Inc. has reviewed Item 19 figures for 3 location groups; Travelin' Toms Coffee 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.