NYSE:BROSHospitality
Dutch Bros Arizona Buyout Signals Deeper Shift To Company Stores
Dutch Bros (NYSE:BROS) agreed to acquire its largest remaining franchise group in Arizona, the Phoenix East Valley franchise.
The deal covers 29 shops and will shift these locations to company-operated stores.
This transaction advances Dutch Bros' move away from franchising and increases its direct control in a key Arizona market.
Dutch Bros operates drive through coffee shops across the US, with Arizona playing an important role in its broader national footprint. By bringing the Phoenix...