SSCP Management Finalizes Acquisition of Roy's Restaurant

January 27, 2015 // Franchising.com // DALLAS - In an announcement made earlier today, successful Dallas businessman, Applebee's franchisee and philanthropist, Sunil Dharod, President and Chief Executive Officer of SSCP Management, officially added the Roy's Restaurant chain to his restaurant portfolio.

In late 2014 Bloomin' Brands announced their intention to sell its interest in the Roy's concept to United Ohana, LLC, a new division of Dharod's SSCP Management, Inc. Dharod, who has been involved in the restaurant industry for over thirty years with multiple concepts, is also the owner of the Apple Texas Group which owns and operates 69 Applebee's restaurants located throughout Texas. In addition to his leadership in the restaurant industry, Dharod also owns several commercial real estate properties.

"Roy's is a very exciting and successful brand," said Dharod. "I look forward to its further growth by capitalizing on its established foundation." Although terms of the deal were not disclosed, Cheryl Green, Vice President of Human Resources for SSCP Management, Inc., confirmed that Roy's current management team will remain in place and will continue to be led by the current president, Rick Scott.

Chris Dharod, Vice President at SSCP Management, Inc., worked extensively with Bloomin' Brands to successfully close this deal and he was very complimentary of the team, adding, "Bloomin' Brands was a pleasure to work with throughout the entire acquisition and closing process."

About Roy's

Roy Yamaguchi founded the Roy's brand in 1988 in Honolulu, Hawaii and the brand has since grown to 29 restaurants around the world - 20 in the continental United States, six in Hawaii, one in Japan and one in Guam.

SOURCE Roy's

Contact:

Rebecca Sneed
972.644.9494 x100

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Massage Envy
Massage Envy clinics are designed to provide a compelling image, an inviting and functional environment and the highest degree of operational...
Golden Corral Buffet and Grill
Golden Corral is the nation's leading family style restaurant franchise featuring steaks, buffet and bakery items.
Dental Fix
Dental Fix franchise owners repair dental handpieces (drills) and equipment on-site. We are revolutionizing the dental service industry by delivering...
Spavia Day Spa
The Spavia Day Spa business model is built around 10 years of experience, giving you the tools and support you need to accomplish your personal and...
Speaking Roses
Speaking Roses gives you the opportunity to produce, sell, and distribute our patented product in your area using our very own flower printer....

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)