Tim Hortons is a preeminent North American restaurant company, consistently delivering performance that has positioned us among industry leaders.
We are well-positioned for continued success. Here’s why:
1. Multi-layered business model
2. Scale
3. Franchised operations
1.Multi-layered business model The Tim Hortons business model includes real estate control, a nearly 100% franchised model, and significant levels of vertical integration. Each aspect of our model contributes to our success and creates system advantages. This approach creates quality recurring streams of revenue and income that exceed many traditional quick service restaurant companies with a greater number of units, while also generating system benefits and value for our franchisees.
1Rent owed to Tim Hortons when a franchise leases from the Company.
2.Scale Tim Hortons has emerged as the fourth largest restaurant company in North America measured by market capitalization. With 3,015 locations in Canada and 563 locations in the U.S., we have established a leading brand position in Canada. Four out of every 10 visits to quick service restaurants in Canada takes place at Tim Hortons restaurants, where we can leverage our advertising scale and convenience to drive competitive advantage. In the U.S. we are building a growing regional presence in the Northeast and Midwest U.S. We have opened more than double the number of restaurants in our first 20 years of active development in the U.S. than we did in Canada in our first two decades.
3.Franchised operations Franchisees are the heart of our system. We believe the quality, commitment and engagement of our franchisees gives us a competitive advantage over other corporate and franchised systems. Virtually all of our system is franchised. We work collaboratively with our franchisees to collectively grow our system and work hard to foster positive relationships and mutual success.
All data as of January 3rd, 2010 unless otherwise noted.
