Dallas, TX

Dallas Restaurant Group Comes to the Rescue, Acquires Bankrupt Bakery Chain

Ash Jurberg

A growing Dallas-based restaurant investment business has been approved to purchase the Corner Bakery business.

Some good news in the struggling retail and hospitality industry, with SSCP Management winning a bankruptcy court auction for Corner Bakery Café.

Corner Bakery, the fast-casual bakery-café chain, grew to almost 200 locations and was predicted to rival Panera Bread but struggled through the pandemic and filed for bankruptcy in February this year.

At the time, it was down to 138 locations.

SSCP is based in Dallas and "owns over 400 restaurants nationwide, operating under four separate category-leading concepts, including Cicis Pizza Buffet, Sonic Drive-In, Applebee's, and Roy's." It will soon be able to add Corner Bakery Cafe to the list of brands it owns.

SSCP won the auction to buy the 138-unit bakery café chain with a $15 million bid. It is a strategy similar to the one that saw it acquire the 300-strong restaurant chain Cicis Pizza in a bankruptcy auction in March 2021.

There are currently 31 Corner Bakery locations in Texas and fifteen in the DFW area, and it looks like they will remain open.

Corner Bakery Locations in the Dallas area

  • West End, 301 N Market, Ste 100, Dallas, TX 75202
  • Plaza of Americas, 600 N Pearl St, Ste S100, Dallas, TX 75201
  • Northpark, 8687 N Central Expy, Ste 205, Dallas, TX 75225
  • Park Central12700 Park Central Dr, Ste 160, Dallas, TX 75251
  • Las Colinas, 118 E John Carpenter Freeway, Ste 100, Irving, TX 75062
  • Galleria, 13350 Dallas Pkwy, Ste 2443, Dallas, TX 75240
  • South Arlington, 3810 S Cooper, Ste 102, Arlington, TX 76015
  • MacArthur Park, 7403 N MacArthur Blvd, Irving, TX 75063
  • Coit & Campbell, 7615 Campbell Rd, Ste 106, Dallas, TX 75248
  • Prestonwood, 5225 Beltline Rd, Ste 58, Dallas, TX 75254
  • 3301 Preston Rd, Ste 2, Frisco, TX 75034
  • Blackstone, 615 Main St, Fort Worth, TX 76102
  • Highland Village, 3640 Justin Rd, Ste 190, Highland Village, TX 75077
  • Preston 544, 2401 Preston Rd, Plano, TX 75093
  • Southlake, 100 State St, Southlake, TX 76092

Your thoughts

Are you glad to see the Corner Bakery business saved? Do you visit these stores? Do you hope the new owners can expand the business and add more locations?

Please leave your thoughts in the comment section below and share this article so more people can join the discussion.

This is original content from NewsBreak’s Creator Program. Join today to publish and share your own content.

Comments / 1

Published by

Writing on business and local events. Follow me for the latest updates.

San Antonio, TX

More from Ash Jurberg

Comments / 0