Court filings: Dutch Bros to buy Salad And Go locations in Arizona, Nevada
Key Points:
- Boersma Bros, LLC, the holding company linked to Dutch Bros Coffee founders, has agreed to purchase Salad And Go’s assets for $105 million, as revealed in U.S. Bankruptcy Court filings in Texas.
- Salad And Go, an Arizona-based salad chain, announced it will permanently close its 70 drive-thru locations in Arizona and Nevada by the end of Wednesday, following earlier closures in Texas and Oklahoma.
- Dutch Bros plans to convert the former Salad And Go drive-thru locations to sell coffee, beverages, and food items, with no major alterations needed due to the drive-thru-only format.
- A $10 million deposit has been paid towards the purchase, with the remaining balance due at closing; Dutch Bros has over 100 locations in Arizona and recently moved its headquarters to Tempe.