May 15, 2014 6:46 pm
Updated: May 15, 2014 10:40 pm

Tim Hortons celebrates 50 years in business


WATCH: How will Tim Hortons celebrate turning 50? Angiela Seth reports.

In 1964, Toronto Maple Leaf Defenceman Tim Horton put away his skates to focus all his energies on a small coffee shop in Hamilton, Ontario that prided itself on a good cup of joe and a fresh donut.

Fity years later, that shop has grown to close to 4500 restaurants system-wide, with close to 3600 shops in Canada and over 850 franchises in the U.S.

Back in 1964, a small cup of coffee was just 35 cents and a dozen donuts set you back only $1.25.

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The menu was simple back then: coffee, tea, hot chocolate, and donuts.

Today, the coffee and donuts are a bit more expensive, but the menu its has grown.

It now gives the customer the convenience of breakfast, lunch, and dinner.

“Tim Hortons offers us a chance to grab a quick bite on the go and that’s a little different,” Gabor Forgacs, associate professor at Ted Rogers School of Hospitality and Tourism Management told Global News.

“And also their menu evolves very well with the time. They carefully study the market, the wants and the needs, ” he said.

“They were the first to introduce the bagel.”

In addition, the company has introduced a variety of beverages, hot and cold, including their version of espresso to appeal to the more sophisticated coffee drinker.

On May 17th Tim Hortons officially celebrates its 50th anniversary.

To mark the occasion participating restaurants across the country will be offering a free Birthday Cake Donut.

© 2014 Shaw Media

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