Tim Hortons coming to St. Louis

Visitors to the great white north are most likely familiar with the popular coffee and bake shop chain Tim Hortons. The Canadian delight is about to his St. Louis in a big way – with 40 locations.

Announced at part of the company's five-year growth plan, Tim Hortons plans to add 800 locations globally by the end of 2018, including 300 in the U.S., according to a St. Louis Business Journal report.

Tim Hortons requires a net worth of $500,000, with $300,000 in liquid assets for all franchise owners. The full investment for a location could be $1.6 million or more.

Read more from the St. Louis Business Journal.