Dutch Bros Inc
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
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Item 2. Properties
As of December 31, 2024, we had 670 company-operated and 312 franchise shops with 982 total shops in 18 states. The chart below shows our properties by state as of December 31, 2024.
In addition to our company-operated shops, we own and lease the following facilities:
| Location | Primary Function(s) | Square Feet | Owned or Leased |
|---|---|---|---|
| Grants Pass, Oregon | Headquarters office space | 21,000 | Leased |
| Grants Pass, Oregon | Roasting and packing facility | 36,000 | Owned |
| Grants Pass, Oregon | Roasting and warehouse facility | 21,000 | Leased |
| Melissa, Texas | Roasting and packing facility | 65,000 | Owned |
| Scottsdale, Arizona | Office space | 25,000 | Leased |
| Tempe, Arizona | Headquarters office space | 136,000 | Leased |
Our principal executive offices are located at 300 N. Valley Drive, Grants Pass, Oregon, 97526. We believe our current facilities are suitable for our near-term needs. In addition, we expect to continue to add additional capacity on an as-needed basis.
For additional information regarding leases, see NOTE 2 — Basis of Presentation and Summary of Significant Accounting Policies and NOTE 8 — Leases in our consolidated financial statements, included elsewhere in this Form 10-K.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.