Tim Hortons franchise for sale
If you buy a Tim Hortons franchise for sale, you buy an already open business from its owner, but Tim Hortons must approve you before the sale can close.
Buying a Tim Hortons franchise from its owner
- Fee for the transfer
- For each shop, the amount is 5% of its full purchase price, with a limit of $25,000. Item 6, 2026 FDD
- In 2025, sold to new owners
- 4; There were 7 in 2023 and 29 in 2024.; The figure 0.6% applies to the 669 franchised units. Item 20, 2026 FDD
- Before anyone else gets it, Tim Hortons can buy it.
- Yes.Your offer sets the terms for a right of first refusal. Item 17, 2026 FDD
- Signed by you
- The agreement you sign is the current one, not the seller's old terms. Item 17, 2026 FDD
- Or a new Tim Hortons
- Opening one costs $988,000 to $3,312,500 in total. Item 7, 2026 FDD
What Tim Hortons asks before approving a sale
- The seller must follow every provision in the Franchise Agreement and also pay any money owed.
- Signing a general release is required.
- The buyer must meet all qualifications, including having no competing business interests.
- Signing a new franchise agreement is required.
- The training must be finished.
- Paying the transfer fee is required.
- Approval of the sales price is required from the franchisor.
- The buyer and franchisor must receive the information the franchisor specifies, so they can assess the business and the deal terms.
New owners bought Tim Hortons units
| Year | Units transferred |
|---|---|
| 2023 | 7 |
| 2024 | 29 |
| 2025 | 4 |
Item 20 of the FDD provides these counts and identifies owners who sold or left during the past year, along with their contact details. Before you make an offer, phone a few of them.
Where to find a Tim Hortons franchise for sale
The FDD doesn't name any units currently for sale. Business brokers and listing sites help owners sell, so also ask Tim Hortons's franchise team if an owner near you is selling.
The price comes from the seller. Ask for profit and loss statements covering three years, then compare the price with the $988,000 to $3,312,500 cost to open a new Tim Hortons.
Each figure shown comes from Items 6, 17 and 20 in the 2026 Tim Hortons Franchise Disclosure Document, which Tim Hortons USA Inc submitted to the Minnesota Department of Commerce.
Other franchises available for sale
Buying a Tim Hortons franchise from its owner?
One franchise attorney can check the transfer terms and the agreement you would take over. Send your details and they will contact you.