How Much Does a Tim Ho Wan Franchise Cost?
Data from the 2025 Franchise Disclosure Document
Investment Summary
Total Investment
$3.2M – $3.8M
Franchise Fee
$86K
Royalty
3.0%
Ad Fund
N/A
Cost Breakdown
Initial Franchise Fee
The initial franchise fee for Tim Ho Wan is $86K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.
Total Investment Range
Opening a Tim Ho Wan franchise requires a total investment of $3.2M – $3.8M. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.
Working capital alone ranges from $300K to $360K.
Ongoing Costs
Beyond the initial investment, Tim Ho Wan franchisees pay ongoing fees. The royalty fee is 3.0% of gross sales (Gross Sales).
Net Worth & Liquid Capital Requirements
Tim Ho Wan requires working capital of $300K – $360K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.
What Can You Earn?
Tim Ho Wan does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.
Next Steps
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