Quote:
Originally posted by SENSEX
About 7 years ago I had the chance to invest in a Tim Hortons before the craze really hit. I declined and have been kicking myself ever since. The franchise fee was under 100K and now I dont even want to know how much it is. I tried to get into Krispy Kreme but the franchise rights for Ottawa are sold! Damn... If anyone is going to give Tims a run, Krispy Kreme will.
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That was way more than 7 years ago my friend. I researched Timmy Ho's thoroughly while in college, which was 93-94ish.
I spent a great deal of time in their head office, as well as the school where new franchisees are trained. At that time the sticker price was 400k, or 450k with a drive-thru.
And dont forget the 40% liquid cash required to even be considered :-/