Dutch Bros Acquires Up to 65 Drive-Thru Locations from Bankrupt Salad and Go
Key Takeaways
- •Dutch Bros is acquiring up to 65 drive-thru sites from bankrupt Salad and Go across four Sun Belt states.
- •The transaction is expected to close in the third quarter of 2026, with conversions to Dutch Bros locations planned for 2027.
- •A full conversion of all 65 sites would increase Dutch Bros' total store count by approximately five percent.
- •CEO Christine Barone stated the acquisition is aimed at accelerating new shop openings and strengthening the brand's footprint in existing markets.
- •This represents one of Dutch Bros' largest single-site acquisitions since its 2021 IPO on the New York Stock Exchange.
US coffee chain Dutch Bros has acquired the real estate and related site assets of up to 65 Salad and Go drive-thru locations across Arizona, Nevada, Oklahoma, and Texas.
Salad and Go filed for bankruptcy earlier in August 2026, resulting in the closure of all 70 of its locations. Under the new agreement, Dutch Bros will assume Salad and Go's leases and equipment at the acquired drive-thru sites.
The transaction is expected to close in the third quarter of 2026, with the acquired locations slated for conversion into Dutch Bros coffee shops in 2027. If all 65 sites are converted, the deal would increase Dutch Bros' current 1,225-location footprint by approximately five percent, representing one of the company's largest single-site acquisitions since its 2021 initial public offering. Acquiring purpose-built drive-thru sites also provides the chain with existing infrastructure in high-traffic corridors where securing new real estate and obtaining permits can be time-intensive.
Dutch Bros President and CEO Christine Barone said the acquisition reflects the company's push to accelerate new shop openings.
"New shop growth is one of the most important drivers of our long-term strategy, and this potential site acquisition demonstrates how we're investing to accelerate that growth," Barone said. "These sites would expand our leadership position across Arizona, Nevada, Oklahoma, and Texas, where we've built strong brand awareness and see a significant opportunity to continue densifying our footprint."
"As we thoughtfully convert these sites, we look forward to bringing the Dutch Bros experience to even more communities," she added.
Dutch Bros, founded in 1992 in Grants Pass, Oregon, operates a drive-thru-focused coffee chain known for its handcrafted beverages and customer service. The company went public on the New York Stock Exchange in 2021 under the ticker symbol BROS. Over the past several years, the chain has expanded beyond its Pacific Northwest origins into Sun Belt markets, positioning itself as a growth-oriented competitor in the limited-service beverage category alongside larger rivals such as Starbucks.
As of 30 June 2026, Dutch Bros operated 1,225 locations across the United States.
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