Dallas-based Corner Bakery Café has filed for Chapter 11 bankruptcy, according to media reports.
Nation’s Restaurant News reported that the cafe chain, which has two locations in San Antonio, filed in the Delaware Bankruptcy Court last month.KSAT has reached out to the Corner Bakery Café for information about possible closures. This story will be updated when that information becomes available.
The chain was sold by Roark Capital Group to Pandya Restaurant Growth Brands in Oct. 2020. Pandya is part of the Rohan Group of Companies owned by Jignesh Pandya. “With the strategic and financial backing Jay and his team bring, we will continue to focus on key operational initiatives to improve guest experience, menu development, and the growth of our brand. We are now well-positioned to achieve future success during a period of unprecedented disruption for our industry,” he said in a news release.
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