travis boersma is the cofounder and executive chairman of Oregon-based coffee chain Dutch Bros. Boersma took dutch bros public on the New York Stock Exchange in September 2021; he owns about 40% of the shares He and his late brother dane (d.
Who is the owner of Dutch Bros Coffee?
travis boersma boersma is the Co-founder and Executive Chairman of Dutch Bros Coffee. He is deeply involved in day-to-day operations and invested in maintaining the culture he and his late brother, Co-founder Dane, worked hard to nurture.
How much is Travis from Dutch Bros worth?
At that level Dutch Bros. had a valuation of $5.6 billion and made Travis Boersma, 50, a billionaire with a $2.3 billion net worth. The Dutch Bros.
Does Dutch brothers still franchise?
Dutch Bros Coffee no longer offers the option to franchise Moving forward, all locations are company-owned and regional operator positions are offered exclusively to those within the company, who have shown outstanding employment history and exemplify the culture.
How rich is the owner of Dutch Bros?
Boersma started Dutch Bros with a small coffee cart with his late brother in 1992. The chain now has more than 470 shops in 11 states. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE! According to Forbes, Boersma is worth $3.3 billion dollars , making him the 913th wealthiest person in the world.
Why is Dutch Bros being boycotted?
University of Oregon’s Native American Student Union (UO NASU) is calling for a boycott against Dutch Bros to protest the co-founder’s plans to create a private casino.
What does a Dutch Bros franchise cost?
How much does Dutch Bros franchise cost? Dutch Bros has the franchise fee of up to $30,000, with a total initial investment range of $150,000 to $500,000 Initial Investment: $150,000 – $500,000.
How much is Dutch Bros debt?
The company has $26.75 million in cash and $429.36 million in debt, giving a net cash position of -$402.60 million or -$2.46 per share.
How much money does a Dutch Bros make a year?
How Much Does Dutch Bros Make in Profit? A Dutch Bros store generated about $1.5+ million in revenue based on 2018 metrics. The average profit that a franchise owner can make annually is estimated at $124,000.
Which franchise makes the most money?
According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.
Is Dutch Bros privately owned?
Dutch Bros Coffee is the country’s largest privately held drive-thru coffee company, with more than 300 locations and 9,000 employees in seven states. The company is headquartered in Grants Pass, Oregon, where it was founded in 1992 by Dane and Travis Boersma.
What is going on with Dutch Bros?
The company’s stock is crashing in pre-market trading–down over 39% After a stellar IPO last year that saw Dutch Bros stock surge as much as 70% shortly after debuting, the popular Oregon-based coffee chain is now seeing its stock get hammered in pre-market trading.
How much did Dutch Bros sell for?
(Reuters) – Shares of Dutch Bros Inc, which is backed by private equity firm TSG, rose over 41% in their stock market debut on Wednesday, valuing the coffee chain at $5.36 billion Shares opened at $32.5, compared to the initial public offering price of $23 per share.
Who took Dutch Bros public?
The IPO also enriched Dutch Bros’ founder and chairman, Travis Boersma , who now owns shares worth nearly $4 billion. The private equity firm TSG Consumer Products, which invested an unspecified sum in Dutch Bros three years ago, now holds a stake worth almost $3 billion.