Tully’s Coffee started in Seattle with the intention of taking on the big guy, Starbucks. That didn’t work and the company filed for Chapter 11 bankruptcy protection in October.
Now another Seattle coffee company wants to take over Tully’s with servers who have taken off much of their clothing.
Seattle-based Baristas Coffee Company, which features scantily clad female servers at drive-through coffee stands, says it’s making a bid for Tully’s.
The company has formed Baristas Acquisition Partners to complete the acquisition of Tully’s.
A statement from the company indicates the new group consists of several current Tully’s shareholders and executives from the coffee industry.
Tully’s bankruptcy filing listed $5.9 million in personal property as the company’s only assets and $3.7 million in total liabilities, including $2.6 million in unsecured credit.
Bids for Tully’s are being accepted until December 27.
By LINDA THOMAS