Beans & Brews Coffeehouse appoints new CEO

With this new appointment, the coffeehouse aims to open 100 stores by 2025.

Umesh Ellichipuram October 05 2023

US-based Beans & Brews Coffeehouse has named Chad Gretzema as the company’s new CEO, according to a report by World Coffee Portal.

Prior to this appointment, Gretzema was associated with the Del Taco restaurant brand, where he held various leadership positions.

During his 12-year association with the brand, Gretzema served as the Del Taco Brand president, its strategic planning senior vice-president and its chief operating officer (COO).

World Coffee Portal quoted Gretzema as saying: “I couldn't be more excited to join Beans & Brews Coffeehouse as we accelerate growth. The brand has not only built a devoted following in its existing footprint but is also witnessing strong success as it expands to new states.

“With our proprietary high-altitude roasted coffee beverages, signature energy drinks and really attractive unit-level economics it is not surprising that the franchisee development demand is at an all-time high.”

With this new appointment, the Utah-based coffeehouse aims to further expand its presence in the country and open 100 stores by 2025.

Beans & Brews co-founders Jeff and Kevin Laramie explained that Gretzema will support the coffee chain brand’s growth.

Beans & Brews currently operates 69 venues in the US, spread across Utah, Idaho, Nevada, Arizona and Texas.

The coffee chain recently struck a development deal, which would see the opening of 40 stores in San Antonio and Austin.

It also signed other franchise agreements to open new outlets in New Mexico, Colorado and Wyoming.

In January 2021, Beans & Brews Coffeehouse received an investment from private equity firm Charger Investment Partners.

The size of the investment was not disclosed by the company.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close