soory for the derail of the thread but...
It actually takes 650'000 to start up with timmies.That includes you opperating and food costs.
overhead costs are paid through day to day opperations and sales.
you also need to have a partner who already has a timmies or you must have one already
... not just anyone can open one.
and No you will never own a timmies.you lease the building/land/and the name.
thats why I'm at DQ. I OWN the store. I just pay for the name
at Timmies you will never own the store, or the land. at least thats what info was given when I started my own business.
and you'll be lucky to get the higher 2-3million mark at timmies.
I know a few opperators who do, but they are few and far between...
you have to relize there is a timmies on every corner and street, unless your in the smaller towns
and have control over each one you profits take a big hit.
and not every one is staffed by forniers, just the good ones
http://www.timhortons.com/ca/en/join/franchise_ca_program.html
The TDL Group Corp. assumes all costs associated with the development of the land and building.
It is not an option for a franchisee to develop the property or own the building.