Tim Hortons Franchise Disclosure Documents (FDD)
Tim Hortons is required to disclose its franchise terms, fees, and financial condition annually in its Franchise Disclosure Document. With 13 editions spanning 2015–2026, this page provides the source record of how the company's fees, obligations, and unit footprint have changed over time — citable research, exactly as filed.
Under the Federal Trade Commission's Franchise Rule, Tim Hortons must furnish a Franchise Disclosure Document (FDD) to prospective franchisees and update it annually. The FDD is organized into 23 Items that describe the franchisor, its fees and the estimated cost to open, the parties' obligations, territory, financial performance representations where made, system size, and the company's financial statements.
Available Documents
Instant download for all documentsTim Hortons 2026 Franchise Disclosure Document (FDD)
Issued March 2026 · 672-page PDF
- Initial investment (Item 7):
- $988,000 – $3,312,500 (p. 38)
Tim Hortons 2025 Franchise Disclosure Document (FDD)
Issued March 2025 · 655-page PDF
- Initial investment (Item 7):
- $978,000 – $1,772,500 (p. 36)
Tim Hortons 2024 Franchise Disclosure Document (FDD)
Issued March 2024 · 640-page PDF
- Initial investment (Item 7):
- $971,000 – $1,717,500 (p. 33)
Tim Hortons 2023 Franchise Disclosure Document (FDD)
Issued March 2023 · 652-page PDF
- Initial investment (Item 7):
- $971,000 – $1,717,500 (p. 35)
Tim Hortons 2022 Franchise Disclosure Document (FDD)
Issued March 2022 · 638-page PDF
- Initial investment (Item 7):
- $1,044,000 – $1,441,500 (p. 41)
Tim Hortons 2021 Franchise Disclosure Document (FDD)
Issued March 2021 · 648-page PDF
Tim Hortons 2020 Franchise Disclosure Document (FDD)
Issued March 2020 · 635-page PDF
Tim Hortons 2019 Franchise Disclosure Document (FDD)
Issued March 2019 · 576-page PDF
Tim Hortons 2018 Franchise Disclosure Document (FDD)
Issued March 2018 · Downloadable PDF
Tim Hortons 2017 Franchise Disclosure Document (FDD)
Issued March 2017 · Downloadable PDF
Tim Hortons 2016 Franchise Disclosure Document (FDD) — Traditional
Issued March 2016 · Downloadable PDF
Tim Hortons 2015 Franchise Disclosure Document (FDD) — Traditional
Issued March 2015 · Downloadable PDF
Tim Hortons 2015 Franchise Disclosure Document (FDD) — Operator Program
Issued March 2015 · Downloadable PDF
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