Dutch Bros Coffee buys dozens of Salad and Go stores that abruptly closed: See a full list of locations in 4 states
The dust has not yet settled on Salad and Go’s surprise bankruptcy and the abrupt closure of all of its locations, but a fellow Arizona-based restaurant brand is not wasting any time. Dutch Bros Coffee is moving to buy 51 locations from Salad and Go, which collapsed this week after the ongoing cyclosporiasis outbreak proved to be the final blow for the long-suffering salad chain. Court documents…
Dutch Bros Coffee has acquired 51 Salad and Go locations across Arizona, Nevada, Texas, and Oklahoma, as reported in federal bankruptcy court documents. The coffee chain, which recently reported a 13% drop in shares after-hours trading, announced the sale alongside its second-quarter earnings on Wednesday. The acquired locations are primarily in the Phoenix and Las Vegas areas, with a few scattered in Texas and Oklahoma.
Salad and Go, a salad-focused restaurant chain, filed for Chapter 11 bankruptcy after suffering financially due to an over-leveraged expansion in 2021. The company cited the cyclosporiasis outbreak as the final blow to its operations. Dutch Bros, with its own 1,225 locations, saw Salad and Go as a suitable candidate for acquisition due to its shared drive-through-focused format and lack of need for a kitchen, hood, grill, or fry area.
The sale, priced at $105 million, is pending court approval. Dutch Bros plans to convert the acquired locations in the coming year. The majority of the purchased locations are in Arizona and Nevada, with some in Texas and Oklahoma, including addresses such as 910 S. Cooper Rd., Gilbert, AZ 85233, 2323 S. Decatur Blvd., Las Vegas, NV 89102, 3064 N. Goliad St., Rockwall, TX 75087, and 1209 E. Kenosha St., Broken Arrow, OK 74012.
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