Is Dutch Bros a public company?

Dutch Bros shares (BROS) are listed on the NYSE and all prices are listed in US Dollars.

Simultaneously, What did Dutch brothers IPO open at? The company had said overnight that it raised $484.2 million as its 21.05 million-share IPO priced at $23 a share, well above the expected range of between $18 and $20 a share. The stock’s first trade on the NYSE was at $32.50 at 12:20 p.m. Eastern for 2.6 million shares.

Briefly, How much does it cost to invest in Dutch Bros?

Dutch Bros Franchise Fee	$30,000 – $50,000
Installation	$1,000 – $5,500
Grand Opening	$30,000
Insurance	unknown
Licenses, Permits, etc.	$1,000 – $25,000

• Apr 4, 2022

Is Dutch Bros a good stock?

Dutch Bros is a member of the Consumer Staples sector. This group includes 195 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

in fact, How much does a Dutch Brothers franchise make?

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.

How much money does Dutch Bros make a year?

Cult or culture, it is working for the franchisor, which logged $283 million in systemwide sales last year. According to FRANdata, the consultancy in Arlington, Va. that puts together FORBES’ annual list of best and worst franchises, Dutch Bros. has one of the strongest track records among the 3,375 firms evaluated.

Who is the owner of Dutch Bros?

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.

When did Dutch Bros stop franchising?

A turning point for the business came in 2008, when they decided to stop selling franchises to anyone outside the existing Dutch Bros system and “decided to grow from within using the leaders our franchise partners helped create.

Does Dutch Bros make money?

Dutch Bros is a profitable company. It has positive income from operations and positive free cash flows. But in 2020, total revenue of $327.41 million resulted in net income of $5.73 million. That’s a significant decline given its net income of $28.39 million in 2019.

How much debt does Dutch Bros have?

The company has $26.75 million in cash and $429.36 million in debt, giving a net cash position of -$402.60 million or -$2.41 per share.

What makes Dutch Bros so good?

Dutch Bros is known for their friendly services. There hasn’t been a time where I have seen an employee without a smile on their face. They always ask about your day and like to make small talk while you’re waiting for your drink. It makes the waiting go by very quickly!

Can I open a Dutch Bros franchise?

How do I franchise? Thank you for your interest! 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.

What franchise makes the most money?

According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

What is Dutch Bros net worth?

Dutch Bros Net Worth 2020-2021 | BROS

Dutch Bros net worth as of May 12, 2022 is $1.61B. Dutch Bros Inc. is an operator and franchisor of drive-thru shops which focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE.

How much does the CEO of Dutch Bros make?

From shares alone, Dutch Bros CEO Joth Ricci made $61.3 million in 2021. Add on his base salary of $550,000 and a $500,000 bonus, and he ended the year with $62.4 million in the bank.

Are Dutch Bros profitable?

What is Travis Boersma salary?

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.

Will Dutch Bros go public?

Dutch Bros Coffee went public September 15, 2021, with co-founder and Executive Chairman Travis Boersma doing the bell-ringing honors at the New York Stock Exchange.

Is Dutch Bros more popular than Starbucks?

Data from Placer.ai shows that as of September 2021, Dutch Bros. received 113.8% more visits than it had in October 2019, compared with an 11.9% increase for Dunkin’ and a 1.8% decrease for Starbucks.

How much did Dutch Bros make in 2020?

In 2020, Dutch Bros posted $5.7 million in net income, and $69.8 million of adjusted EBITDA or gross income, and $327.4 million of revenue, its prospectus said.

Who is the CEO of Dutch Bros?

Joth Ricci President & Chief Executive Officer

Mr. Ricci is the President and CEO of Dutch Bros Coffee. Prior to joining Dutch Bros in January of 2019, he served as President and CEO of Adelsheim Vineyard, President of Stumptown Coffee Roasters, and CEO of Jones Soda Co.

How many shares of Dutch Bros are there?

Share Statistics

Avg Vol (3 month) ³	2.36M
Shares Outstanding ⁵	34.43M
Implied Shares Outstanding ⁶	N/A
Float ⁸	31.76M
% Held by Insiders ¹	14.91%

Who bought Dutch Bros?

TSG Consumer Partners, which acquired a minority stake in Dutch Bros in 2018, is the second largest shareholder, with a 31 percent stake worth nearly $1.9 billion, according to Forbes. Shares in BROS closed at $36.92 per share on its first day of trading. That was up 61 percent from the opening price of $23.