Tim Hortons

What year was Tim Hortons founded?

• 1956

• 1964

• 1972

• 1980

What is the minimum net worth requirement to qualify for a Tim Hortons franchise?

• $100,000

• $250,000

• $500,000

• $1,000,000

Which of the following is NOT a typical cost associated with opening a Tim Hortons franchise?

• Franchise fee

• Equipment and signage

• Employee salaries

• Initial inventory

How long is the initial franchise agreement term for a Tim Hortons franchise?

• 5 years

• 10 years

• 15 years

• 20 years

What is the ongoing royalty fee that franchisees pay to Tim Hortons?

• 2%

• 4%

• 6%

• 8%

Which of the following is a responsibility of a Tim Hortons franchisee?

• Menu development

• Marketing campaigns

• Payroll management

• Store design and layout

How many countries is Tim Hortons currently operating in?

• 5

• 10

• 15

• 50

Which region is Tim Hortons' largest market outside of Canada?

• United States

• United Kingdom

• China

• Australia

How long does it usually take to complete the training program for Tim Hortons franchisees?

• 1 week

• 1 month

• 3 months

• 6 months

Which Canadian province has the highest number of Tim Hortons locations per capita?

• Ontario

• Quebec

• Alberta

• British Columbia