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SSCP Management

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uuid000c4rh

Namestring
SSCP Management
Legal namestring
SSCP Management
Company typeenum
Private
Founded yearint
1986
Descriptiontext

SSCP Management is a Dallas, Texas-based, family-owned multi-brand restaurant owner and operator founded by CEO Sunil Dharod. The company operates or oversees more than 500 restaurant locations across the United States spanning five consumer-facing price points and dining occasions: quick-service/pizza buffet (Cicis Pizza, 295+ units), fast-casual bakery cafe (Corner Bakery Cafe, 100+ units), drive-in (Sonic Drive-In, 43 SSCP-operated units), casual dining (Applebee's, 80 SSCP-operated units), and fine dining (Roy's, 4 units). In March 2026, SSCP acquired a sixth brand, Logan's Roadhouse (125 steakhouse units), from SPB Hospitality. SSCP plays a dual role in the franchise value chain, serving as franchisor for Cicis, Corner Bakery, and Roy's while operating as franchisee for Applebee's and Sonic in Texas, California, and Virginia.

The company generates revenue through three streams: (1) food and beverage sales at company-operated Applebee's and Sonic locations, (2) franchise royalties and fees from owned-brand system locations (Cicis, Corner Bakery, Roy's), and (3) income from a real estate portfolio of 75+ retail, multifamily, industrial, and medical properties spanning 1,000 acres and 1,000,000+ square feet. Customer segments are primarily individual consumers and families across casual and quick-service dining occasions, with a secondary B2B/catering segment for events, schools, sports teams, and corporate functions. Pricing is per-transaction at the menu level and varies by location.

Under multi-generational family leadership (Sunil Dharod CEO, Chris Dharod President, Puja Dharod VP of Investments), SSCP has not disclosed external institutional investors, public listings, funding rounds, or a proprietary technology stack. Operations are supplemented by the Puja Foundation, a non-profit established in 2011 by Puja Dharod to provide financial assistance to SSCP restaurant team members during catastrophic life events. The company employs 5,001-10,000 people across its restaurant, corporate, and real estate operations.

Short descriptiontext

SSCP Management is a Dallas-based, family-owned multi-brand restaurant owner and operator of 500+ locations across Cicis Pizza, Corner Bakery Cafe, Sonic, Applebee's, Roy's, and Logan's Roadhouse, serving US consumers across quick-service to fine dining, with an affiliated 75+ property real estate portfolio.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
multi-brand restaurant operations, franchise restaurant management, casual dining restaurants, commercial real estate holdings, family-owned restaurants
Product category
Multi-brand Restaurant Operations
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Restaurant Sales
TypeTransaction Fee
Description

Revenue from food and beverage sales at company-operated and franchise restaurant locations across multiple brands including Cicis Pizza, Corner Bakery, Sonic Drive-In, Applebee's, and Roy's.

sscpmanagement.com
2Franchise Royalties and Fees
TypeLicensing Royalties
Description

Franchise royalties and fees from franchised Cicis Pizza, Corner Bakery, and Roy's locations. SSCP operates as both a franchisee for some brands (Applebee's, Sonic) and franchisor for others (Cicis Pizza, Corner Bakery).

sscpmanagement.com
3Real Estate Holdings
TypeManaged Services
Description

Income from a portfolio of 75+ retail and multifamily real estate properties spanning 1,000 acres and over 1,000,000 square feet, including restaurant properties, apartments, and industrial buildings.

sscpmanagement.com
4Catering Services
TypeTransaction Fee
Description

Catering orders for corporate events, graduations, sports teams, and community gatherings, particularly promoted at Corner Bakery locations.

prnewswire.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Pricing details1 tier
1Variable per-transaction pricing based on menu items ordered
ModelOtherBilling cadencePay-as-you-go
Notes

Menu pricing varies by restaurant location and is not centrally disclosed

prnewswire.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 5 records shown
1Cicis Pizza
Description

Pizza buffet chain with 295+ restaurants across 25 states, known as the No. 1 Casual Dining Pizza Chain per CNN Money

sscpmanagement.com
+4 more records
Core offering1 text field

No source content was provided for SSCP Management in the input. Core offering cannot be determined.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Applebee's has served 11 million free meals on Veterans Day since 2008
+2 more records
Product overview1 text field

SSCP Management is a family-owned restaurant and real estate company operating over 500 restaurant locations across five category-leading concepts: CiCis Pizza Buffet (pizza buffet, 295+ units), Corner Bakery Cafe (fast-casual dining, 100+ units), Sonic Drive-In (drive-in, 43 units operated by SSCP), Applebee's (casual dining, 80 units operated by SSCP), and Roy's Restaurant (fine dining, 4 units). The company also owns Logan's Roadhouse (125-unit steakhouse chain acquired March 2026) and operates numerous Applebee's and Sonic locations. The portfolio also includes a real estate division with 75+ properties spanning 1,000 acres and 1,000,000+ square feet.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierMinorTypeOthersAnnounced on2011-01-01
Description

The Puja Foundation was established by Puja Dharod, daughter of SSCP CEO Sunil Dharod, to provide financial support to SSCP restaurant team members when they face catastrophic life events. The foundation has served hundreds of families since its founding.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Applebee's restaurants have partnered with Alex's Lemonade Stand Foundation to support childhood cancer research and family support programs. Over 15 years, Applebee's locations across the country have raised a total of $11.5 million for the foundation through various fundraising initiatives.

3SONIC Foundation
Strategic tierMinorTypeGTM or Marketing Partner
Description

The SONIC Foundation focuses on sparking brighter futures for America's youth through support of hunger, education and community. SSCP as a Sonic franchisee participates in restaurant fundraisers where guests can donate to support local communities.

sscpmanagement.com
Strategic tierMinorTypeGTM or Marketing Partner
Description

Applebee's locations in Texas partnered with the North Texas Food Bank through the Buy 1 Provide 1 initiative, providing more than 250,000 meals to neighbors in need across five main food banks in Texas.

Strategic tierMinorTypeGTM or Marketing Partner
Description

SONIC's Limeades for Learning program partners with education nonprofit DonorsChoose to support local schools. Each SONIC restaurant donates a portion of drink purchases to fund learning materials and classroom projects.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Multi-brand restaurant platform owning Arby's, Buffalo Wild Wings, Sonic, Dunkin', Jimmy John's, and Baskin-Robbins. Directly comparable as a large, multi-concept franchise operator and franchisor that SSCP competes with for both consumer traffic and franchise opportunities in overlapping Sonic/QSR categories.

TypeDirect peer
Description

Large franchisee operator of brands including Applebee's, Burger King, Krispy Kreme, and Golden Chick across multiple states. Direct peer to SSCP as another large, multi-brand franchisee group, with substantial overlap in Applebee's franchise rights and similar growth-through-acquisition playbook.

TypeDirect peer
Description

One of the largest franchisee operators in the U.S., running Taco Bell, Pizza Hut, Wendy's, Arby's, and Panera units. Comparable to SSCP as a multi-brand franchisee platform that competes for talent, real estate, and acquisition opportunities in the franchise restaurant space.

TypeBroad incumbent
Description

Public casual/full-service restaurant operator of Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, and Capital Grille. Broader incumbent that competes with SSCP's Applebee's, Logan's Roadhouse, and Roy's brands in casual and fine dining segments.

TypeBroad incumbent
Description

Owns Chili's Grill & Bar and Maggiano's Little Italy. Public multi-brand casual dining operator with direct overlap to SSCP's Applebee's casual dining positioning and similar exposure to casual-dining traffic trends.

TypeBroad incumbent
Description

Operates Outback Steakhouse, Carrabba's, Bonefish Grill, and Fleming's. Public multi-brand casual/upscale dining operator comparable to SSCP's mix of casual (Applebee's, Logan's) and fine dining (Roy's) brands.

TypeBroad incumbent
Description

Global multi-brand QSR holding company for Burger King, Tim Hortons, Popeyes, and Firehouse Subs. Comparable as a multi-brand franchisor/firm-operator across price points and cuisines with vast scale advantages SSCP would benchmark against.

TypeOthers
Description

Private equity firm focused on restaurant and consumer franchise businesses; owns Inspire Brands, Subway, FOCUS Brands (Cinnabon, Auntie Anne's), and other restaurant concepts. Highly relevant ecosystem participant and likely competitor for distressed restaurant assets SSCP pursues.

TypeDirect peer
Description

Franchisee operating Denny's, IHOP, and other brands across multiple states. Comparable to SSCP as another large, multi-brand franchisee operator with a similar strategy of scaling through franchise rights acquisitions.

TypeOthers
Description

Multi-brand restaurant platform that previously owned Logan's Roadhouse before selling it to SSCP in March 2026. Direct counterparty in SSCP's most recent acquisition and a comparable multi-brand restaurant operator pursuing a different strategic mix.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SSCP Management

Multi-brand Restaurant Operationssscpmanagement.com

SSCP Management is a Dallas-based, family-owned multi-brand restaurant owner and operator of 500+ locations across Cicis Pizza, Corner Bakery Cafe, Sonic, Applebee's, Roy's, and Logan's Roadhouse, serving US consumers across quick-service to fine dining, with an affiliated 75+ property real estate portfolio.

What SSCP Management does

SSCP Management is a Dallas, Texas-based, family-owned multi-brand restaurant owner and operator founded by CEO Sunil Dharod. The company operates or oversees more than 500 restaurant locations across the United States spanning five consumer-facing price points and dining occasions: quick-service/pizza buffet (Cicis Pizza, 295+ units), fast-casual bakery cafe (Corner Bakery Cafe, 100+ units), drive-in (Sonic Drive-In, 43 SSCP-operated units), casual dining (Applebee's, 80 SSCP-operated units), and fine dining (Roy's, 4 units). In March 2026, SSCP acquired a sixth brand, Logan's Roadhouse (125 steakhouse units), from SPB Hospitality. SSCP plays a dual role in the franchise value chain, serving as franchisor for Cicis, Corner Bakery, and Roy's while operating as franchisee for Applebee's and Sonic in Texas, California, and Virginia.

The company generates revenue through three streams: (1) food and beverage sales at company-operated Applebee's and Sonic locations, (2) franchise royalties and fees from owned-brand system locations (Cicis, Corner Bakery, Roy's), and (3) income from a real estate portfolio of 75+ retail, multifamily, industrial, and medical properties spanning 1,000 acres and 1,000,000+ square feet. Customer segments are primarily individual consumers and families across casual and quick-service dining occasions, with a secondary B2B/catering segment for events, schools, sports teams, and corporate functions. Pricing is per-transaction at the menu level and varies by location.

Under multi-generational family leadership (Sunil Dharod CEO, Chris Dharod President, Puja Dharod VP of Investments), SSCP has not disclosed external institutional investors, public listings, funding rounds, or a proprietary technology stack. Operations are supplemented by the Puja Foundation, a non-profit established in 2011 by Puja Dharod to provide financial assistance to SSCP restaurant team members during catastrophic life events. The company employs 5,001-10,000 people across its restaurant, corporate, and real estate operations.

SSCP Management firmographics

Firmographics
Name
SSCP Management
Legal name
SSCP Management
Website
https://sscpmanagement.com
Company type
Private
Founded year
1986
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
SSCP Management is a Dallas-based, family-owned multi-brand restaurant owner and operator of 500+ locations across Cicis Pizza, Corner Bakery Cafe, Sonic, Applebee's, Roy's, and Logan's Roadhouse, serving US consumers across quick-service to fine dining, with an affiliated 75+ property real estate portfolio.
Ownership category
akta.pro rank

Where SSCP Management is headquartered

Location

Headquarters

HQ city
Dallas
HQ country
United States
HQ region
North America

Offices1 record

Markets served

SSCP Management business model

Business model
GTM type
B2C
Offering type
Services

Revenue model

  1. Restaurant Sales: Revenue from food and beverage sales at company-operated and franchise restaurant locations across multiple brands including Cicis Pizza, Corner Bakery, Sonic Drive-In, Applebee's, and Roy's.
  2. Franchise Royalties and Fees: Franchise royalties and fees from franchised Cicis Pizza, Corner Bakery, and Roy's locations. SSCP operates as both a franchisee for some brands (Applebee's, Sonic) and franchisor for others (Cicis Pizza, Corner Bakery).
  3. Real Estate Holdings: Income from a portfolio of 75+ retail and multifamily real estate properties spanning 1,000 acres and over 1,000,000 square feet, including restaurant properties, apartments, and industrial buildings.
  4. Catering Services: Catering orders for corporate events, graduations, sports teams, and community gatherings, particularly promoted at Corner Bakery locations.

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goVariable per-transaction pricing based on menu items ordered

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

SSCP Management product offering

Product offering

Core offering

No source content was provided for SSCP Management in the input. Core offering cannot be determined.

Product overview

SSCP Management is a family-owned restaurant and real estate company operating over 500 restaurant locations across five category-leading concepts: CiCis Pizza Buffet (pizza buffet, 295+ units), Corner Bakery Cafe (fast-casual dining, 100+ units), Sonic Drive-In (drive-in, 43 units operated by SSCP), Applebee's (casual dining, 80 units operated by SSCP), and Roy's Restaurant (fine dining, 4 units). The company also owns Logan's Roadhouse (125-unit steakhouse chain acquired March 2026) and operates numerous Applebee's and Sonic locations. The portfolio also includes a real estate division with 75+ properties spanning 1,000 acres and 1,000,000+ square feet.

Differentiator

Problem solved

Functional benefit

Brands

  • Cicis Pizza: Pizza buffet chain with 295+ restaurants across 25 states, known as the No. 1 Casual Dining Pizza Chain per CNN Money
  • Corner Bakery Cafe
  • Sonic Drive-In
  • Applebee's
  • Roy's Restaurant

Quantifiable outcome

  • Applebee's has served 11 million free meals on Veterans Day since 2008
  • +2 more outcomes

Companies that use SSCP Management

Customer profile

Segments2 records

SSCP Management technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

SSCP Management partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered minor.

  • Puja FoundationminorOthers · 1 January 2011The Puja Foundation was established by Puja Dharod, daughter of SSCP CEO Sunil Dharod, to provide financial support to SSCP restaurant team members when they face catastrophic life events. The foundation has served hundreds of families since its founding.
  • Alex's Lemonade Stand FoundationminorGTM or Marketing PartnerApplebee's restaurants have partnered with Alex's Lemonade Stand Foundation to support childhood cancer research and family support programs. Over 15 years, Applebee's locations across the country have raised a total of $11.5 million for the foundation through various fundraising initiatives.
  • SONIC FoundationminorGTM or Marketing PartnerThe SONIC Foundation focuses on sparking brighter futures for America's youth through support of hunger, education and community. SSCP as a Sonic franchisee participates in restaurant fundraisers where guests can donate to support local communities.
  • North Texas Food BankminorGTM or Marketing PartnerApplebee's locations in Texas partnered with the North Texas Food Bank through the Buy 1 Provide 1 initiative, providing more than 250,000 meals to neighbors in need across five main food banks in Texas.
  • DonorsChooseminorGTM or Marketing PartnerSONIC's Limeades for Learning program partners with education nonprofit DonorsChoose to support local schools. Each SONIC restaurant donates a portion of drink purchases to fund learning materials and classroom projects.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

SSCP Management competitors and assessment

Company assessment

Direct peers

  • Inspire Brands: Multi-brand restaurant platform owning Arby's, Buffalo Wild Wings, Sonic, Dunkin', Jimmy John's, and Baskin-Robbins. Directly comparable as a large, multi-concept franchise operator and franchisor that SSCP competes with for both consumer traffic and franchise opportunities in overlapping Sonic/QSR categories.
  • Sun Holdings: Large franchisee operator of brands including Applebee's, Burger King, Krispy Kreme, and Golden Chick across multiple states. Direct peer to SSCP as another large, multi-brand franchisee group, with substantial overlap in Applebee's franchise rights and similar growth-through-acquisition playbook.
  • Flynn Restaurant Group: One of the largest franchisee operators in the U.S., running Taco Bell, Pizza Hut, Wendy's, Arby's, and Panera units. Comparable to SSCP as a multi-brand franchisee platform that competes for talent, real estate, and acquisition opportunities in the franchise restaurant space.
  • Yadav Enterprises: Franchisee operating Denny's, IHOP, and other brands across multiple states. Comparable to SSCP as another large, multi-brand franchisee operator with a similar strategy of scaling through franchise rights acquisitions.

Broad incumbents

  • Darden Restaurants: Public casual/full-service restaurant operator of Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, and Capital Grille. Broader incumbent that competes with SSCP's Applebee's, Logan's Roadhouse, and Roy's brands in casual and fine dining segments.
  • Brinker International: Owns Chili's Grill & Bar and Maggiano's Little Italy. Public multi-brand casual dining operator with direct overlap to SSCP's Applebee's casual dining positioning and similar exposure to casual-dining traffic trends.
  • Bloomin' Brands: Operates Outback Steakhouse, Carrabba's, Bonefish Grill, and Fleming's. Public multi-brand casual/upscale dining operator comparable to SSCP's mix of casual (Applebee's, Logan's) and fine dining (Roy's) brands.
  • Restaurant Brands International: Global multi-brand QSR holding company for Burger King, Tim Hortons, Popeyes, and Firehouse Subs. Comparable as a multi-brand franchisor/firm-operator across price points and cuisines with vast scale advantages SSCP would benchmark against.

Others

  • Roark Capital Group: Private equity firm focused on restaurant and consumer franchise businesses; owns Inspire Brands, Subway, FOCUS Brands (Cinnabon, Auntie Anne's), and other restaurant concepts. Highly relevant ecosystem participant and likely competitor for distressed restaurant assets SSCP pursues.
  • SPB Hospitality: Multi-brand restaurant platform that previously owned Logan's Roadhouse before selling it to SSCP in March 2026. Direct counterparty in SSCP's most recent acquisition and a comparable multi-brand restaurant operator pursuing a different strategic mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

SSCP Management social profiles

Digital presence

SSCP Management financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SSCP Management leadership team

Management profile

Number of profiles

SSCP Management subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

SSCP Management funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SSCP Management M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SSCP Management

What does SSCP Management do?

No source content was provided for SSCP Management in the input. Core offering cannot be determined.

Is SSCP Management a public or private company?

SSCP Management is a private company. It is classified as unknown and is currently operating.

When was SSCP Management founded?

SSCP Management was founded in 1986. It employs 5,001 to 10,000 people.

Where is SSCP Management based?

SSCP Management is headquartered in Dallas, United States, in the North America region.

How does SSCP Management make money?

Four revenue lines are on record. Restaurant Sales are the primary driver. The others are franchise Royalties and Fees, real Estate Holdings and catering Services.

Who are SSCP Management's main competitors?

Direct peers on record are Inspire Brands, Sun Holdings, Flynn Restaurant Group and Yadav Enterprises. Broad incumbents are Darden Restaurants, Brinker International, Bloomin' Brands and Restaurant Brands International. Others are Roark Capital Group and SPB Hospitality.

Does SSCP Management have an API?

No public API is recorded for SSCP Management.

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Live signals
YahooPopular steakhouse chain sold to parent company of pizza restaurantsSSCP Management, parent company of Cicis Pizza, has acquired Logan's Roadhouse, a 125-unit steakhouse chain, from SPB Hospitality. The transaction represents Logan's Roadhouse's third ownership change in six years, continuing a turbulent ownership history that includes two Chapter 11 bankruptcy filings since 2016. SSCP Management, which also owns Corner Bakery and Roy's Restaurant, acquired CraftWorks' restaurant brands including Logan's Roadhouse from bankruptcy in 2020 for approximately $93 million.AL.comPopular steakhouse chain sold to parent company of pizza restaurantsSSCP Management, the parent company of Cici's Pizza, has acquired Logan's Roadhouse, a 125-unit steakhouse chain, from SPB Hospitality. The transaction marks the franchise's third ownership change in six years, continuing a pattern of instability that includes two Chapter 11 bankruptcy filings and multiple private equity transitions. Logan's Roadhouse was most recently acquired by SPB Hospitality in 2020 out of CraftWorks Holdings' bankruptcy for approximately $93 million.Nation's Restaurant NewsLogan’s Roadhouse acquired by SSCP ManagementSPB Hospitality confirmed the sale of Logan’s Roadhouse to SSCP Management at the end of 2025. The sale marks the third owner for the brand in six years, with SPB Hospitality focusing on other brands. Logan's Roadhouse has a history of changing ownership and financial difficulties, including bankruptcy filings.D MagazineFamily Feud at CiCi’s: Cousins Battle in Lawsuit Over Pizza Chain’s FutureGala Capital Partners won a $46 million lawsuit against cousin Sunil Dharod and his firm SSCP Management regarding the control and profits of Cici’s Pizza. The jury ruled in favor of Gala, who alleged that Dharod siphoned millions in management fees from the pizza chain for personal benefit while consolidating power as CEO. Despite the ruling, Dharod retains controlling interest, with post-trial motions underway to potentially appoint a receiver to sell the company.PR NewswireREGENCY AFFILIATES ANNOUNCES QUARTERLY DIVIDENDRegency Affiliates, Inc. announced it will pay a quarterly dividend of 7.5 cents per common share on April 5, 2024, to shareholders of record as of March 29, 2024, representing a 3.4% increase over the dividend paid in April 2023. The company attributed the dividend level to strong cash flows generated by its portfolio of five self-storage facilities in the Harrisburg, Pennsylvania area, acquired through a joint venture with SSCP Management LLC for a total purchase price of $35 million. The company also holds a 50% limited partnership interest in the Security West Complex in Maryland, which was vacated by its GSA tenant on November 1, 2023, though management stated it is evaluating alternative uses for the facility.PR NewswireSSCP Management's Investment in the Roanoke and Lynchburg, Va. Neighborhoods is Making an ImpactDallas-based Applebee's franchisee SSCP Management Inc. acquired 12 Roanoke and Lynchburg, Va. restaurants in 2022 and invested over $1.5 million ($125,000 per location) to revitalize the establishments with new furniture, lighting, sound systems, and exterior upgrades. The company reports the upgrades have generated unprecedented resurgence and revitalization in the area, with plans to continue expanding the brand in Virginia neighborhoods. SSCP owns and operates 80 Applebee's locations across 25 states in addition to 43 Sonic Drive-Ins and other restaurant concepts.PR NewswireCicis Successfully Completes RestructuringCicis has successfully emerged from Chapter 11 bankruptcy protection in less than two months, completing its restructuring simultaneously with the acquisition of the brand by D&G Investors. The newly-formed affiliate of SSCP Management and Gala Capital Partners acquired Cicis Enterprises, JMC Restaurant Distribution, and all related assets and subsidiaries. The new ownership group, which collectively owns and operates more than 200 restaurant locations with 60-plus years of restaurant investment experience, intends to leverage operational expertise to grow the franchise system and expand beyond COVID-19 pandemic challenges.PR NewswireRoy's Restaurants Introduces Menu Changes Including Three New Entrees And Renewed Focus On Local Chef's CreationsRoy's Restaurant, an upscale American chain specializing in Hawaiian and Japanese fusion cuisine, has introduced three new entrees featuring sustainably sourced ingredients and launched a new Chef's Creations menu that will rotate frequently to highlight seasonal items and local chef creativity. The menu changes underscore the restaurant's 30-year culinary heritage while evolving its offerings under current leadership. The 17 Roy's locations in the United States are owned by OS Pacific, LLC, an affiliate of SSCP Management, Inc.PR NewswireRegency Affiliates Announces A 5.875 Cent Quarterly DividendRegency Affiliates, Inc. announced a quarterly dividend of 5.875 cents per common share, payable July 8, 2016 to shareholders of record June 30, 2016, representing a 6.8% increase from the dividend initiated in October 2015. The company also provided updates on recent acquisitions, including a $35 million portfolio of five self-storage facilities in Harrisburg, Pennsylvania financed partly through a joint venture with SSCP Management LLC and a $8.9 million private stock offering. CEO Laurence Levy indicated expectations for further dividend increases as the company benefits from cash flows generated by its newly acquired assets.