Court filings: Dutch Bros to buy Salad And Go locations in Arizona, Nevada
Key Points:
- Dutch Bros Coffee’s holding company, Boersma Bros, LLC, has agreed to purchase Salad And Go’s assets for $105 million, with plans to convert Arizona and Nevada drive-thru locations to sell coffee and other beverages.
- Salad And Go announced the permanent closure of its 70 drive-thru locations in Arizona and Nevada, following earlier closures in Texas and Oklahoma, citing financial difficulties and bankruptcy.
- Dutch Bros CEO Christine Barone emphasized that acquiring these sites aligns with their strategy to expand and densify their footprint in key markets including Arizona, Nevada, Oklahoma, and Texas.
- The sudden closures surprised many loyal Salad And Go customers and raised concerns about job losses for employees, with some former staff acknowledging warning signs leading up to the shutdown.
- Dutch Bros, founded in 1992 and now headquartered in Tempe, Arizona, operates over 100 locations statewide and is leveraging this acquisition to accelerate new shop growth.