Corner Bakery Cafe

INDUSTRY

Restaurants

Summary

In June 2023, Corner Bakery Cafe, a fast-casual restaurant chain, was sold to SSCP Management for total consideration of $33 million. Hilco Corporate Finance served as the exclusive investment banking advisor to Corner Bakery for its section 363 sale in bankruptcy.

About Corner Bakery Cafe

Corner Bakery Cafe is a nationwide fast-casual restaurant chain with over 120 corporate and franchise locations. Its restaurants have been a neighborhood favorite since the brand was established in 1991. Corner Bakery Cafe is known for its artisan breads and pastries. It provides all-day dining needs, offering breakfast, lunch, and dinner. Corner Bakery Cafe has experienced significant growth post COVID, with a roughly 100% increase in annual sales.

Operating Company

Hilco Corporate Finance

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Meet the Transaction Team

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Teri Stratton

Senior Managing Director & National Practice Leader for Restructuring and Special Situations
Hilco Corporate Finance

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Waleed Aly

Vice President
Hilco Corporate Finance

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Judah Lyons

Analyst
Hilco Corporate Finance

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