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Finance

What Restaurants Do the Dharod Family Own? Sunil Dharod’s History

The story of how restaurant mogul Sunil Dharod grew his empire is truly a rags-to-riches one. Dharod’s family company, SSCP Management, Inc., now owns and operates 70 Applebee’s, 47 Sonic Drive-In’s, and five Roy’s Hawaiian fusion cuisine restaurants.

How Sunil Dharod got started in business

Dharod was just 3 years old when his father died. His mother had to raise three boys on her salary as a seamstress. Dharod started working at age 7, delivering milk and doing odd jobs to help his family’s finances. Dharod credits his mother for instilling a strong work ethic in him and his brothers.

“Everything we learned was from my mom,” Dharod said in a 2016 interview with Nation’s Restaurant News. “She instilled a good work ethic. She worked as hard as we all did.”

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The Dharod family moved to the U.S. when Sunil was 15. A year later, he worked three jobs at Carl’s Jr., Jack in the Box, and as a busboy for an Indian restaurant.

After high school, Dharod fulfilled his dream of working as an auto mechanic. While the job paid about $50,000 per year, Dharod worked overtime almost every night and earned almost $100,000 per year in that position.

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In Dallas, Dharod first bought 12 Burger King locations, but his holdings in the fast-food company grew to about 19.

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In 1999, he also bought 11 Blockbuster franchises. As consumers moved toward streaming movies and away from renting from brick-and-mortar video stores, Dharod eventually shut down his Blockbuster locations one by one.

View more information: https://marketrealist.com/p/what-restaurants-do-the-dharod-family-own/

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