7 Brew Wins Auction for 73 Salad and Go Sites in $143 Million Deal

Salad and Go conducted an auction Monday between 7 Brew and Dutch Bros.

Read the original at QSR Magazine
7 Brew Wins Auction for 73 Salad and Go Sites in $143 Million Deal

TL;DR

7 Brew has won an auction for 73 Salad and Go sites in a $143.2 million deal, with the portfolio including locations in Arizona, Texas, Nevada, and Oklahoma. The transaction is not final and is subject to a court hearing on September 21.

7 Brew has won the competition for a large portfolio of Salad and Go real estate, agreeing to pay roughly $143.2 million for 73 sites as the drive-thru salad chain moves through bankruptcy.

Salad and Go conducted an auction Monday between 7 Brew and Dutch Bros. The company entered the proceedings with 7 Brew as the lead bidder, and Dutch Bros ultimately elected not to submit a topping bid, according to bankruptcy court documents. Salad and Go subsequently named 7 Brew the successful bidder and Dutch Bros the backup bidder.

The 73-site portfolio includes 41 locations in Arizona, 20 in Texas, and six each in Nevada and Oklahoma, according to court documents.

Company growth background

7 Brew is one of the fastest-growing concepts in America. It now has over 800 locations in 38 states. The company opened a net of 562 shops across 2023, 2024, and 2025. It earned $1.2 billion in sales last year and posted a $2.6 million AUV.

Bankruptcy and auction

The outcome marks a significant turn from the transaction Salad and Go proposed when it filed for bankruptcy on August 4.

Dutch Bros initially agreed to pay $105 million for 51 drive-thru restaurants in Arizona and Nevada, along with 14 leases in Texas and Oklahoma.

But Salad and Go’s bankruptcy process left the door open for a higher offer. 7 Brew subsequently emerged as a competing bidder, setting up a head-to-head auction between two of the fastest-growing drive-thru beverage concepts in the country.

Dutch Bros is entitled to a $3.8 million termination fee, plus reasonable and documented expenses, if the 7 Brew transaction closes.

The final portfolio could still change before closing. 7 Brew can drop certain leases if it can’t operate its business at those locations.

Salad and Go history

The sale comes after a dramatic retrenchment for Salad and Go.

The brand, founded in Gilbert, Arizona, in 2013, had expanded to 146 restaurants at its peak before beginning a widespread closure program. Roughly 70 restaurants were slated for closure as the company pulled out of Texas and Oklahoma and concentrated its remaining operations in Arizona and Nevada. The restructuring also included the closure of its Garland, Texas, commissary.

The contraction followed an aggressive period of development that left Salad and Go facing financial pressure. The company raised approximately $27 million in additional capital between December 2025 and January 2026 before ultimately filing for bankruptcy.

7 Brew’s winning bid gives the beverage chain access to dozens of existing drive-thru sites at a time when competition for suitable real estate has intensified across the industry.

The transaction isn’t final. A court hearing is scheduled for September 21 to consider the transfer of the leases and contracts to 7 Brew. Landlords and other parties have until September 17 to object.

In this story

This story was originally published by Ben Coley in QSR Magazine on September 1, 2026. Burnaze summarizes and links to the original reporting.

Read the full story at QSR Magazine

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