Following their recent acquisition of the Please & Thank You brand, Good Folks Coffee owners Matt Argo and Zach Hensley have closed the chain's location on Frankfort Avenue. This closure is part of the new ownership's efforts to restructure the business after it filed for bankruptcy earlier this year.
Argo Sons Coffee
Argo Sons Coffee was founded in October 2010 by Matt Argo and his cousin Adam Argo, initially operating out of a basement in Louisville, Kentucky. The company eventually relocated to a permanent roastery in the city's Shelby Park neighborhood. It is documented for its small-batch, single-origin coffee program and for launching the Good Folks Coffee brand as a sub-brand to simplify its market presence. The business transitioned to the Good Folks Coffee name following the departure of Adam Argo and a strategic shift toward broader wholesale and retail distribution.
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Matt Argo and Zach Hensley, owners of the Louisville-based roastery Good Folks Coffee, have acquired the local coffee and bakery chain Please & Thank You. The acquisition follows a period where the Good Folks owners provided operational support to the chain during its Chapter 11 bankruptcy proceedings.
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