OAKVILLE, Ont. —Tim Hortons is coming to the Cincinnati area, thanks to a new area representative and developer agreement between Restaurant Brands International (RBI) and Seven Invest, a Lebanon-based company.
Under the terms of the agreement, Seven Invest will be responsible for managing the market and sourcing franchisees to develop more than 150 Tim Hortons restaurants over the next 10 years.
“We are very excited to announce our aggressive expansion efforts in Cincinnati, a market close to our core Tim Hortons markets and where we think the brand and product offerings will strongly resonate with guests,” says Elías Díaz Sesé, president of Tim Hortons. “Cincinnati boasts a fast-growing economy and is home to many large corporate headquarters and universities. Furthermore, in Seven Invest we have a strong operator with meaningful franchise experience that is fully committed to propelling Tim Hortons development in the U.S.”
This marks the first accelerated expansion agreement for Tim Hortons since the creation of RBI in December 2014.