What is Tim Hortons?
Q: What is Tim Hortons?
A: Tim Hortons Inc. is a Canadian fast food restaurant known for its coffee and doughnuts.
Q: Who started the company?
A: The company was started in 1964 by Canadian hockey player Tim Horton.
Q: How did it become so successful?
A: In 1967, Tim Horton joined with investor Ron Joyce, who quickly took over running the company and expanded the chain into a multi-million dollar franchise. This allowed the chain to quickly spread throughout Canada and become bigger than McDonald's.
Q: What percentage of fast food industry revenues does Tim Hortons have in Canada?
A: In 2005, Tim Hortons had 22.6% of all fast food industry revenues in Canada.
Q: How much of the Canadian market for baked goods does it have?
A: As of 2007, Tim Hortons had 76% of the Canadian market for baked goods (based on number of customers).
Q: How much of the Canadian coffee market does it have compared to Starbucks?
A: As of 2007, Tim Hortons had 62% of the Canadian coffee market compared to Starbucks' 7%.
Q: Does it have any international restaurants?
A: Yes, as of December 2008 there were 500 international restaurants located in the United States as well as one at a military base outside Kandahar, Afghanistan and one at Dublin Zoo in Ireland.
