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Dutch Bros Coffee to Acquire Salad and Go Assets for $105 Million Following Bankruptcy

Boersma Bros. LLC, the holding company for Dutch Bros, has reached an agreement to purchase the assets of Salad and Go for $105 million. The Arizona-based salad chain filed for Chapter 11 bankruptcy this week, leading to the permanent closure of all 70 remaining locations in Arizona and Nevada by Wednesday, August 5. While the agreement includes leases, furniture, and equipment, it does not include the Salad and Go brand or recipes. Dutch Bros intends to convert the drive-thru locations into coffee and food outlets. The administration announced that the sale requires final approval from a federal bankruptcy judge. The company cited strategic growth challenges, higher costs, and a Cyclospora outbreak as factors for the decline. Founders Tony Christofellis and Roushan Christofellis expressed that the rapid national expansion initiated by previous owners was a primary driver of the company's struggles. The closure marks the end of a decade-long run for the chain, which was founded in 2013.

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