TUCSON, AZ (Aug, 7, 2026) -- Dutch Bros Coffee has agreed to acquire the leases and related assets of seven former Salad and Go restaurants in Tucson as part of a proposed $105 million bankruptcy transaction involving dozens of drive-thru properties across Arizona and three other states.
The seven Tucson locations would give Dutch Bros an immediate pipeline of existing drive-thru sites in one of its established Arizona markets. Dutch Bros currently operates 16 shops in Tucson. If all seven acquired locations are retained and converted, the company’s local footprint would increase to as many as 23 shops, representing an expansion of nearly 44 percent.
The proposed acquisition is part of Chapter 11 bankruptcy proceedings of Salad and Go parent And Go Concepts LLC. Salad and Go closed its remaining restaurants on August 5, one day after filing for bankruptcy protection.
Under the proposed asset purchase agreement, Dutch Bros parent Boersma Bros. LLC would pay $105 million for a portfolio of Salad and Go leases and associated operating assets. The portfolio includes locations in Arizona, Nevada, Texas and Oklahoma. Bankruptcy filings identify at least 51 locations included in the proposed sale, while broader transaction materials reportedly allow Dutch Bros to acquire as many as 65 leases, subject to property review and closing conditions.
The transaction does not include the Salad and Go brand, recipes or other intellectual property. Dutch Bros would instead acquire leasehold interests, furniture, fixtures, equipment, vehicles, leasehold improvements and certain other assets associated with the selected restaurants.
For Dutch Bros, the former Salad and Go properties provide a portfolio of compact drive-thru buildings that may be well suited for conversion to the coffee company’s operating model. Salad and Go locations were generally designed as approximately 1,000-square-foot drive-thru restaurants without indoor dining rooms, allowing the sites to operate on relatively small parcels.
That format is closely aligned with Dutch Bros’ real estate strategy, which is centered on high-volume beverage service through compact, freestanding drive-thru shops. Acquiring existing restaurant sites could allow the company to enter additional trade areas more quickly than developing every location from the ground up, although individual properties will require permitting, remodeling, signage and other conversion work.
The seven Tucson properties are particularly significant because developed drive-thru sites have become increasingly difficult to secure. Suitable parcels must provide strong visibility, convenient ingress and egress, vehicle stacking capacity and proximity to residential neighborhoods, employment centers or heavily traveled retail corridors.
The acquisition would also remove seven recently vacated restaurant properties from the Tucson market before they could remain dark for an extended period. Reoccupying the sites with a national operator would preserve their commercial use and could reduce the disruption experienced by landlords and neighboring shopping center tenants following Salad and Go’s closure.
The $105 million purchase price represents an average of approximately $2.06 million for each of the 51 locations specifically identified in initial bankruptcy reporting. If the transaction ultimately includes all 65 potential properties, the average would be approximately $1.62 million per location. Those figures should not be interpreted as individual real estate values because the transaction includes leasehold interests, equipment and other operating assets rather than fee simple ownership of every property.
Dutch Bros may also decline individual leases because of landlord objections, assignment restrictions, property conditions or other due diligence findings. The final number of acquired and converted locations could therefore be lower than the maximum contemplated by the agreement.
The proposed sale remains subject to approval by the U.S. Bankruptcy Court and other closing requirements. Dutch Bros is expected to begin converting selected properties following completion of the transaction, with openings anticipated to begin in 2027.
The acquisition comes as Dutch Bros continues an aggressive national growth strategy. The publicly traded drive-thru beverage company describes itself as a high-growth operator and franchisor focused on handcrafted beverages served through convenience-oriented shops.
For Tucson’s retail real estate market, the transaction represents more than the expansion of a coffee chain. It is a large-scale repositioning of specialized drive-thru properties that became available simultaneously following the collapse of another restaurant operator.
If all seven Tucson locations reopen under the Dutch Bros banner, the company would gain a significantly larger local presence without relying exclusively on new construction, while returning shuttered restaurant sites to active use.