Corner Bakery Cafe
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Best Cafe Enterprises, LLC, doing business as Corner Bakery Cafe is an American chain of cafes that specialize in pastries, breads, breakfast dishes, gourmet sandwiches, homemade soups, salads, and pasta. Corner Bakery Cafe is considered to be a part of the fast casual market segment of the food service industry, offering a higher quality of food and atmosphere than a typical fast food restaurant, and offering limited table service.
History
Corner Bakery Cafe was founded by Lettuce Entertain You Enterprises, a Chicago-based restaurant group.[1] It was sold to Brinker International, and then in 2005 to Il Fornaio (America) Corporation.Script error: No such module "Unsubst". Roark Capital Group bought Il Fornaio in 2011.[2] In 2020, the Corner Bakery Cafe was purchased by Pandya Restaurant Growth Brands, LLC, a subsidiary of the Rohan Group of Companies.[3]
On February 23, 2023, Corner Bakery Cafe filed for Chapter 11 bankruptcy, listing assets and liabilities between $10 million and $50 million. [4] A few months later on June 5, Best Cafe Enterprises, LLC, won a bankruptcy auction bid to acquire Corner Bakery Cafe.[5]
In 2024, Corner Bakery Cafe reported a significant increase in average annual unit sales, with an approximate growth of $200,000 per location following its acquisition by Best Cafe Enterprises, LLC. In an effort to expand and revitalize the brand, the company has appointed a new team of executives focused on initiatives such as restaurant remodeling, the opening of new locations, and the implementation of updated marketing strategies, employee training programs, and recognition and incentive systems. As of 2025, Corner Bakery Cafe plans to remodel several existing restaurants, open between five and seven new locations, and introduce self-service kiosks at the majority of its corporate-owned establishments.[6]
The cafe has 100 locations across 17 States (and D.C.),[7] with large numbers in California, Texas, and Illinois.
See also
References
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External links
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- Restaurants established in 1991
- Bakery cafés
- Restaurant chains in the United States
- Companies formerly listed on the Nasdaq
- Fast casual restaurants
- Fast-food franchises
- Restaurants in Dallas
- Private equity portfolio companies
- Bakeries of the United States
- Companies that filed for Chapter 11 bankruptcy in 2023
- 1991 establishments in Illinois
- American companies established in 1991
- Coffeehouses and cafés in the United States