Is it a good time to invest in a Tim Horton’s franchise

Dude I think your friend is scamming you. The rules around purchasing a million dollar franchise are extremely strict and from memory, having investors to fund that franchise purchase is a no go, as owners have to work in store, etc. At least it used to be that way.

I would back away at this point.

If your friend’s ask is for “a couple grand” then you’re looking at a 1-2% equity stake?

If you want to invest in Tim Hortons then consider buying QSR stock. The money your friend is requesting sounds more like a handout/gift and I wouldn’t consider this a wide investment with any prospect of return.

Good luck finding staff when the whole business Model is built on cheap-labor.

24h 7/7 is a thing of the past.

State of Tim Hortons aside, why would you give your friend thousands to buy a franchise? Sounds like a nightmare situation.

Speaking on Tim Hortons, if you can get a location that’s busy (I’m thinking more suburban or rural where there’s less competition) it might be a busy spot, but then you might run into staffing issues cause who wants to drive in and work for minimum wage. Quality of the food and coffee is also dropping.

Noooooooooooooooooo

Where is he gonna get the other 2 million from ?

I would not touch this with a 10 foot pole unless your buddy has his ducks in a row. And a couple grand is a drop in the bucket for how much these franchises cost.

Does he have a business plan? Does he have any experience in running a restaurant or even working in a restaurant (at the bare minimum)? Can he tell you what his average annual equipment repair costs will be? And these questions are scratching the surface.

I would not call this an investment for the amount of money involved here. If you want to gift your money or give him a loan, go for it, but please go in with the comprehension that you might never see the money again.

If you look at the demographics in the lines of the restaurants, there are a lot of immigrants so this is a good sign as Canada is a country of immigrants. This company has a strong moot around its business. Like Canadian McDonalds.

Fairly safe company but there is always risk in any venture.

As others have said: it depends on the location.

My neighbour and her husband own a bajillion TH’s and as she has always told me “Tim Horton’s ownership was never about selling coffee: it’s about real estate acquisition”.

To be completely honest, it's not a good time to invest in any Canadian business unless it makes money off of immigration.

Open a scam college-Yes

Immigration consultant-Yes

Immigration Lawyer-Yes

Room rental negotiation specialist-Yes

Tims-No, unless he only hires international students, pays them cash, and has them live 15 to a house in Brampton. If this is the case ask him for a portion of the entire business, not just the tim hortons.