Dutch Bros Enters Court Auction for Salad & Go Drive-Thru Leases
Salad & Go’s bankruptcy has put about 65 drive-thru leases across four states up for a court-supervised auction on August 31. Dutch Bros had agreed to buy leasehold interests and related assets for $105 million, but a competing 7 Brew bid triggered an auction. The displaced bidder pays a $3.8 million termination fee plus expenses, and a superior bid must cover added amounts.