Tim Hortons opens two more outlets in South Korea
The brand entered the market in December 2023.
Tim Hortons said it will plan to open two more outlets in South Korea amidst strong response from consumers after it began operations in December last year, a report by Yonhap said.
Restaurant Brands International, the parent company of Tim Hortons, first announced that it was entering the South Korean market after it signed a master franchise agreement with BKR Co. Ltd, one of South Korea’s biggest QSR companies.
Tim Hortons opened its first and second outlets in Sinnonhyeon and Seolleung, southern Seoul. The third and fourth outlets will open near Sungnyemun, or Namdaemun, in central Seoul and Seoul National University in southern Seoul.
David Shear, President – International at Restaurant Brands International said South Korea is one of the world's largest and fastest-growing coffee markets.
The brand is targeting to open 150 cafes in the next five years.