Coffee is our happy place. It makes us feel human again. Coffee and Restaurant chains and this industry is serving the world for ages. It is said that if someone’s morning is good then the person’s entire day will be great and coffee does that work for people. Good coffee can change our mood. And when it comes to coffee, people have their preferences and choices. Let’s talk about coffee chains and their competitors.
TIM HORTONS:
Year founded: 1964
Headquarters: Toronto, Ontario, Canada
Tim Hortons is an esteemed Canadian coffee and restaurant chain that offers its services and products in more than 15 countries and territories. Tim Horton’s mainly serves coffee and doughnuts. It is Canada’s biggest eating place chain having more than 5 thousand outlets all across 15 countries.
They are in style for their sandwiches, doughnuts as we mentioned, and Coffee of class. Up to 5 million cups of coffee a day is being served at Tim Hortons. Blend coffees, Double-Double coffees, and doughnuts are must-have items that are there when you’re at Tim Hortons. You can also get some collectables like mugs, flasks, and bottles for personalization. Having over 1 Lakh employees, Tim Hortons made US $3.34 billion in the financial year 2021.
List of Top Tim Hortons Competitors
Since Tim Hortons is so famous in Canada that almost every Canadian has Tim Hortons once a month. Although every coin has two sides, and when it comes to coffee, many have preferences and look for alternatives. So for them, we have come up with some opt-outs.
1. Starbucks
Year founded: 1971
Headquarters: Seattle, Washington, United States
When there is coffee, there is always Starbucks. Like Soccer players, Tim Hortons and Starbucks have their diversified audiences. Talking about Tim Horton’s competition, Starbucks is always leading the list from the top. Since it originated in 1971, Starbucks has been an illustrator in coffee making.
Starbucks has more than 33 thousand outlets in over 80 countries and territories. They offer freshly brewed coffee bean products like Frappuccino, Americano, Espresso, etc. Many people like the culture of writing names on the coffee cup at Starbucks. Starbucks also offers free birthday drinks, free size upgrades, and refill services which make people rely on their premium products. Starbucks is preferred by people for its services and warm welcoming staff. Starbucks also provides free wi-fi services at most of its stores.
Starbucks has more employees than Tim Hortons. They have more than 3.8 lakh employees across 80 countries. But unlike Tim Hortons, Starbucks’s products are double as expensive. Starbucks earned revenue of US $29.06 billion in the financial year 2021.
2. McDonald’s
Year founded: 1940
Headquarters Chicago, Illinois, United States
Hearing about McDonald’s, the first thing we catch in our mind is French Fries. Like Tim Horton and Starbucks, McDonald’s corporation is one of the largest and most esteemed food and restaurant chains in the world. McDonald’s serves over 69 million customers each day in over 100 countries. They hold more than 40 thousand stores as of 2022. McDonald’s is the best proverbial for its burgers and fries (especially hamburgers and French fries). Tough their menu embraces other alternative things such as chicken, fish, cold coffee, desserts, and much more. McDonald’s has outlets in more than 119 countries and territories.
Their most known and served item would be French fries. With over 1.7 million employees, McDonald’s is the world’s second-largest private sector jobs provider after Walmart. Their main income sources are franchisee fees, rent, and royalties.
They made US $23.22 billion in the financial year 2021 and are the world’s largest food chain by revenue. McDonald’s offers “Dine-in” and “Take-out” facilities for its customers and values their feedback. McDonald’s official mobile app offers some discounts or buy one get one on their products to ensure their reachability to more people. McDonald’s guarantees to prepare orders within 60 seconds or you get a free burger and by this method, they have made their services more flexible and satisfying.
3. Burger King
Year founded: 1953
Headquarters Miami-Dade-Country, Florida, United States
Burger King is also owned by Restaurant Brands International like Tim Hortons. It was previously known as Insta-Burger King. In 1954, it was renamed, Burger King. Like McDonald’s, a hamburger is the most-served item by Burger King. Burger King has over 19 thousand outlets in over 100 countries as of 2021 and 99.7% of them are privately owned and operated.
They made US $1.81 billion in revenue in the financial year 2021. They serve Whoppers, Big King, Premium Burgers, fries, and other items. You can also have some Coca-Cola types such as Diet Coke, and Coca-Cola Zero Sugar to consume with their burgers. “Great Food Comes First,” Burger King says.
4. Dunkin’ Brands
Year founded: 1994
Headquarters Canton, Massachusetts, United States
Headquartered in the United States, Dunkin’ Brands is and multinational food chain focused on three main chains Dunkin’ Donuts, Mister Donuts, and Baskin-Robbins. Dunkin’ has over 3 lakh employees with annual revenue of US $361.54 million in the financial year 2020. Dunkin provides its services in 12,900 locations in 42 countries. It is of one the largest donut chains in the world. Dunkin’ Donuts sells over 2.9 billion doughnuts worldwide each year.
Some other products are on the list such as Sandwiches, donut bagels, Munchkins, and coffee. They serve high-quality coffee and have loyal customers which makes them the largest baked food chain in the world. Hence, the brand has secured 43rd rank in the Global top 100 brands.
5. Wendy’s
Year founded: 1969
Headquarters: Dublin, Ohio, United States
When It comes to restaurant chains, no one can exclude Wendy’s from the list. Wendy’s has been serving in the global market since 1969. Wendy’s menu includes Hamburger patties, Sandwiches, Salads, French fries, frozen desserts, and many mouth-watering items in the cart. Chicken Nuggets are their most-served item.
There are more than 7 thousand outlets across 30 countries. Wendy’s has over 14 thousand employees as of 2022. Wendy’s has revenue of US $1.89 billion recorded in the financial year ended 2022. “You know when it’s real,” Wendy’s says.
6. Domino’s
Year founded: 1960
Headquarters: Michigan, United States
Did someone say pizza? Domino’s Dish, Inc. commerce as Domino’s, is an Associate in Nursing American international dish chain supported in 1960 and crystal rectifier by business executive Russell Weiner. The corporation is Delaware domiciled and headquartered at the Domino’s Farms workplace Park in the city, of Michigan.
As of 2018, Domino’s had roughly fifteen thousand stores, with 5,649 within the USA, 1,500 in Asian countries, and 1,249 within the UK. Domino’s has stores in over 83 countries.
FAQs
WHICH IS THE MOST POPULAR ITEM AT TIM HORTONS?
Sandwiches, Doughnuts, and Coffee are the most popular items at Tim Hortons.
WHEN WAS TIM HORTONS FOUNDED AND BY WHOM?
Tim Hortons was founded in 1964 by Mr. Tim Horton.
WHICH IS THE BEST ALTERNATIVE TO TIM HORTONS?
Starbucks and McDonald’s are the toughest competitors to Tim Hortons.
WHICH BRAND HAS THE MOST CUSTOMER INTERACTIONS?
McDonald’s serves approximately 69 million customers per day in over 100 countries.
WHICH BRAND IS THE LARGEST IN TERMS OF REVENUE?
Starbucks and McDonald’s are the biggest brands with annual revenue of US $29.06 billion and US $23.22 respectively.