SSCP Management, Inc.
Dallas-based private restaurant group that acquired Corner Bakery Cafe out of bankruptcy in 2023 for $15 million and operates it alongside Sonic and Applebee's franchise holdings.
Company Type
private
Founded
2000
Headquarters
Dallas, Texas, United States
Revenue
Not publicly disclosed
Employees
Approximately 10,000 (across franchise portfolio)
Primary Market
United States
SSCP Management, Inc. Timeline
About SSCP Management, Inc.
Who owns SSCP Management?
SSCP Management is privately owned and controlled by brothers Sunil Dharod and Chris Dharod and their family interests. It is not publicly traded.
What does SSCP Management own?
SSCP owns the Corner Bakery Cafe brand outright and operates large franchise portfolios of Sonic Drive-In and Applebee's restaurants, plus smaller holdings in other concepts.
Did SSCP buy Corner Bakery Cafe?
Yes. SSCP Capital acquired Corner Bakery Cafe out of Chapter 11 bankruptcy in 2023 for approximately $15 million.
Is SSCP Management publicly traded?
No. SSCP is a private, family-controlled company and does not trade on any exchange.
Where is SSCP Management headquartered?
Dallas, Texas, United States.
Who is the CEO of SSCP?
Chris Dharod serves as CEO of SSCP Management, leading the company's franchise operations and brand acquisitions.
History of SSCP Management, Inc.
The Dharod brothers, Indian immigrants who built their restaurant careers through franchising, established SSCP Management in the Dallas area around 2000. They grew steadily by acquiring underperforming Sonic Drive-In locations and expanding into Applebee's franchise territories, becoming one of the largest franchise operators in both systems.
SSCP's franchise portfolio eventually reached several hundred restaurants across multiple brands, generating the cash flow that funded SSCP Capital, the acquisition arm.
In 2023, after Corner Bakery Cafe filed for Chapter 11 bankruptcy under its previous ownership, SSCP Capital acquired the brand's assets for approximately $15 million through the bankruptcy process. The deal gave SSCP full ownership of the Corner Bakery Cafe brand, roughly 100 locations at the time, and the intellectual property.
Since acquisition, SSCP has focused on stabilizing the Corner Bakery footprint, closing underperforming units, refreshing the menu, and beginning a modest refranchising and new-unit development effort. By 2025 the system stood at approximately 99 locations.
SSCP Management, Inc. Sustainability & Ethics
As a private franchise and restaurant operator, SSCP publishes minimal formal sustainability reporting. Its programs operate at the brand level, with Corner Bakery Cafe maintaining food quality and community engagement initiatives inherited from prior ownership.
Brands Owned by SSCP Management, Inc.
SSCP Management, Inc. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
SSCP Management, Inc.
private · Founded 2000 · Dallas, Texas, United States
1
brands
SSCP Management, Inc. Ownership: Pros & Cons
Advantages
- +Deep operational experience running large franchise portfolios
- +Acquired Corner Bakery at a fraction of its historical valuation
- +Integrated Dallas infrastructure lowers overhead versus prior owners
- +Family control enables long-term holding and patient turnaround
- +Proven distressed-asset acquisition model
Considerations
- -Concentrated exposure to franchising economics and brand-owner relationships
- -Corner Bakery turnaround is unproven and the brand has shrunk
- -No public financial disclosure limits outside visibility
- -Key-person risk in the founding family
- -Fast-casual bakery cafe segment is highly competitive
Frequently Asked Questions About SSCP Management, Inc.
Who owns SSCP Management?
SSCP Management is privately owned and controlled by brothers Sunil Dharod and Chris Dharod and their family interests. It is not publicly traded.
What does SSCP Management own?
SSCP owns the Corner Bakery Cafe brand outright and operates large franchise portfolios of Sonic Drive-In and Applebee's restaurants, plus smaller holdings in other concepts.
Did SSCP buy Corner Bakery Cafe?
Yes. SSCP Capital acquired Corner Bakery Cafe out of Chapter 11 bankruptcy in 2023 for approximately $15 million.
Is SSCP Management publicly traded?
No. SSCP is a private, family-controlled company and does not trade on any exchange.
Where is SSCP Management headquartered?
Dallas, Texas, United States.
Who is the CEO of SSCP?
Chris Dharod serves as CEO of SSCP Management, leading the company's franchise operations and brand acquisitions.
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