Tim Hortons Franchise Facts
We have finally secured a News Agency to Reveal the Truth and to Publish the story of how the Iconic Franchisor does Business.
* Buyer beware. Not all locations are successful!!!!
* There is another side to the iconic franchisor that is not publicly known.
* Low volume stores keep being resold as subsequent owners go broke.
* Franchisor profits not only on Rent, Royalty, and Advertising as owner goes broke but profits on resale of equipment and leaseholds.
* NO HELP
* Once franchisee exhausts all sources of cash to keep the business afloat, franchisor mounts a systematic negative evaluation of the operator to use against them in the termination process.
* Franchisor advocates financial aid to struggling owners but this is only lip service.
* Systematic bullying undermines confidence, self worth, and positive outlook needed to motivate staff and build sales.
************ Check back soon as all Financials and Court Related Documents Get Released************
Here is our story, with many more being posted to reveal the Lies that Tim Hortons tells Potential Investors.
I’d like to comment on a few of the posts above. I am a second generation franchisee and have been for several years. Here are my thoughts:
-of course not all locations are successful. No one ever promises success. This is business
-Another side? Could be, need more facts. Don’t forget TDL is a business too.
-Low volume store turnover. This is true. People need to ask for financial info before buying. I have purchased a low volume store and have double the sales in a year.
-Rent royalties etc. TDL is a business. However, they currently don’t charge rent or royalties on stores below a certain volume. Also, advertising money goes to a seperate company and tdl doesn’t get any money from this.
- No Help. They currently offer lots of help, rent and royalty reductions and even cutting checks to help cover costs.
-Smear Campaign: Could be, I have no first hand knowledge of this. I will say that I’ve seen them do a lot to help franchisees who need it.
-Bullying: Things need to be done their way. This is beaten into your head from the beginning, so it shouldn’t come as a shock.
I’m not saying that TDL is perfect, they are a company and need to make a profit too. They do more than any other franchise I have ever heard of to help struggling owners.