Dutch Bros is a popular coffee chain that operates in the net lease commercial real estate space. Founded in 1992 by Dane and Travis Boersma in Grants Pass, Oregon, Dutch Bros has grown into a prominent player in the specialty coffee industry. They are publicly traded on the NYSE under the ticker "BROS". The company's unique drive-thru concept and commitment to providing high-quality coffee and exceptional customer service have helped it gain a loyal customer base across the United States.
Dutch bros yearly revenue is estimated to be 739 million and over 800 locations. With 133 of these locations being new in the last 3 years. Joth Ricci, Chief Executive Officer of Dutch Bros Inc states “We are targeting 150 new systemwide shops, which will enable us to achieve our five-year goal of 800 systemwide shops by year-end. Additionally, we expect to be within striking distance of $1 billion in revenue in 2023 and 1,000 systemwide shops by the first half of 2025, creating jobs and opportunities for our employees and the communities in which we serve.”