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Black Rock Coffee Bar Priced, Nasdaq: BRCB

Drive-thru coffee chain with over 150 locations in the Western US.

Industry: Consumer Discretionary

Latest Trade: $24.30 0.00 (0.0%)

First Day Return: +37.7%

Return from IPO: +21.5%

Industry: Consumer Discretionary

Black Rock Coffee Bar is a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. The company was was founded in 2008 in Beaverton, Oregon, by co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas. The company was founded as a drive-thru only concept and evolved to include seating areas, which are called “lobbies.” All of the company's locations include drive-thrus and approximately 75% of locations include lobbies as of June 30, 2025. The company expects most of its new locations to include both drive-thrus and lobbies as it continues to grow. The company's modern store formats, paired with a robust digital platform, allow delivery of a dynamic and multi-faceted guest experience.
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IPO Data
IPO File Date 08/18/2025
Offer Price $20.00
Price Range $16.00 - $18.00
Offer Shares (mm) 14.7
Deal Size ($mm) $294
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/11/2025
Offer Price $20.00
Price Range $16.00 - $18.00
Offer Shares (mm) 14.7
Deal Size ($mm) $294
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Jefferies
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Company Data
Headquarters Scottsdale, AZ, United States
Founded 2008
Employees at IPO 2,400
Website br.coffee

Black Rock Coffee Bar (BRCB) Performance