Franchisee opinions

red

you must be fk'n kid'g me
Nov 13, 2001
17,572
8
38
A typical Tim Horton store owner makes about $150 per year in ontario and in Prairies about $300k, not bad investment if you ask me. And the present time, the value of the brand/store only goes up.
why do they make double the profit in the prairies?
 

avxl1003

New member
Aug 31, 2009
1,346
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I personally know the owner of 3 Tim Horton's locations in Peterborough. As he puts it "It is disgusting how much money you can make selling coffee.".

The trick to making a ton of money is like anything else, the more you risk the better your pay out if it works out. He bought the first location early on in the 90s. Back then the brand wasn't what it is today. He was taking a big risk and he continued to take big risks by buying 2 more locations over the next 5 or 6 years. But now the guy is one of the wealthiest guys I know.

I think if you wanted to buy a franchise you'd have to be a pretty savvy business man. Anybody can see that buying a Tim Hortons is a good idea. But it costs a whack load of money and a lot (if not most) of the good locations are spoken for.. So your chances of striking it rich are slim.

In my opinion you'd be far wiser to buy an "up and coming" franchise (like Burrito Boyz or Ali Baba's) and hope that they work out in the end...
 

customer

Active member
Mar 17, 2011
1,345
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toronto
Did anyone ever consider building the perfect MASSAGE model and franchising it out?

Call it oil, lube, no filter.
 

userz

Member
Nov 5, 2005
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A few restaurant chains that are household names are accused of operating under the "cannibal" franchise model (i.e. opening stores within a stone's throw of each other) think sandwiches and pizza... There's stuff working its way in court about this issue now.


A T Ho's however is pretty much a licence to print money...
 

GG2

Mr. Debonair
Apr 8, 2011
3,183
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I've always wanted to own a McDonald's.

I don't think I'd gamble on a new up-and-coming brand if I decided to jump into a franchise. I'd invest in an established brand.

There is little opportunity for new locations (for franchises like McDonald's) unless you open a new store in expanding suburban areas so that's why most owners buy stores at existing locations.
 

GG2

Mr. Debonair
Apr 8, 2011
3,183
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