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Is CPK franchised?
To buy a franchise with California Pizza Kitchen, you'll need to have at least $2,000,000 in liquid capital and a minimum net worth of $5,000,000.
Who owns California Kitchen pizza?
Golden Gate CapitalCalifornia Pizza KitchenTypePrivateKey peopleJim Hyatt (CEO)ProductsPizzas, pastas, salads, small plates, and dessertsServicesPolished casual dining restaurantOwnerGolden Gate Capital10 more rows
How much does a pizza franchise cost?
Opening a pizza franchise can cost anywhere from $25,000 to over $1 million, depending on locations of your franchise business and other factors. Most fall somewhere between $200,000 and $600,000. Those that just offer a mobile component or pickup and delivery service tend to be cheaper.
How much is California Pizza Kitchen worth?
California Pizza Kitchen to be sold to private equity firm for $470 million.
Why is California Pizza Kitchen closing?
Four months later, CPK was forced into bankruptcy, not only because of systemwide COVID shutdowns, but also due to the growing competition of fast casuals, the limitations of malls, and the acceleration of third-party delivery.
How many locations does California Pizza Kitchen have?
Top 10 States with the most California Pizza Kitchen storesState / TerritoryNumber of storesPopulationCalifornia61 (42%)39.51MFlorida13 (9%)21.48MHawaii7 (5%)1.42MVirginia6 (4%)8.54M6 more rows•Sep 16, 2022
Which pizza franchise is most profitable?
Pizza chains in the U.S. with the highest sales 2021. With sales worth approximately 8.64 billion U.S. dollars, Domino's Pizza was the leading pizza restaurant chain in the United States in 2021.
Do pizza owners make money?
An experienced Owner / Operator, Pizza Store with 10-19 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $60,000 based on 7 salaries. In their late career (20 years and higher), employees earn an average total compensation of $112,500.
What is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
Does Costco pizza make money?
The food courts produce about $1 billion in sales for Costco, thanks to hot items like rotisserie chickens, which cost $4.99, and 18-inch pizzas for $9.95.
Is California Pizza Kitchen owned by Nestle?
The leader in frozen pizza, the Nestlé Pizza Division is the maker of America's most popular pizza brands, including DIGIORNO® (the #1 frozen pizza brand), CALIFORNIA PIZZA KITCHEN®, TOMBSTONE® and JACK'S®.
What happened to California Kitchen?
California Pizza Kitchen (CPK), facing months of unpaid leases and with a dwindling amount of cash, declared bankruptcy on Thursday, seeking to cut back on its debt load and close unprofitable locations.
Is California Pizza Kitchen owned by Nestle?
The leader in frozen pizza, the Nestlé Pizza Division is the maker of America's most popular pizza brands, including DIGIORNO® (the #1 frozen pizza brand), CALIFORNIA PIZZA KITCHEN®, TOMBSTONE® and JACK'S®.
Who is the CEO of California Pizza Kitchen?
Jim Hyatt (Jan 22, 2018–)California Pizza Kitchen / CEO
What restaurants does Golden Gate Capital own?
The firm owns California Pizza Kitchen and purchased Red Lobster from Darden Restaurants in 2014, funding the acquisition with a sale-leaseback of the chain's restaurants. Two years later, it would take a minority investment from the Bangkok seafood supplier Thai Union Group.
Where are the headquarters of California Pizza Kitchen?
Playa Vista, CACalifornia Pizza Kitchen / HeadquartersPlaya Vista is a neighborhood in the Westside area of Los Angeles, California. The area was the headquarters of Hughes Aircraft Company from 1941 to 1985 and the site of the construction of the Hughes H-4 Hercules "Spruce Goose" aircraft. Wikipedia
Own A Piece Of California
When CPK opened its doors in 1985, it launched a leap forward in the food space, democratizing upscale pizza as a platform where fresh and creative flavors collide, served in a modern, stylish atmosphere where everyone feels welcome. Today, the idea of moving food and people forward is part of the fabric of who we are as a brand.
Ideal Candidate
CPK is committed to inspiring others by bringing California creativity to every meal, and our vision is to bring this notion to everywhere we know people are hungry for something different. We are looking for passionate, experienced multi-unit operators in casual dining that are excited to bring the California brand to life across the globe.
All U.S. Locations Are Company-Owned, Not Franchises
Unlike most fast-food chains, all American locations are owned and operated by California Pizza Kitchen, as opposed to franchise owners.
Listing Tags
California Pizza Kitchen Franchise Opportunity has been viewed 31494 times by investors.
Who we are
California Pizza Kitchen has locations throughout the United States as well as many regions worldwide. Over its more than 30 years of operation, the company has developed an outstanding reputation for its fresh, delicious pizzas with unique sauces and toppings. CPK also serves pastas, salads, sandwiches, soups, appetizers and desserts.
Why choose California Pizza Kitchen?
California Pizza Kitchen is a globally recognized brand with locations in a variety of areas. It has a strong brand identity and a loyal customer base. In addition, its menu and pricing position it favorably as a high-quality and convenient dining destination.
Who we're looking for
Although California Pizza Kitchen is currently not offering franchising in the US, locations can become available in the future. Franchise locations are also available globally.
Training and Support
The company requires that managers and key employees attend a three-month training period in California.
Why Choose California Pizza Kitchen?
In addition, its menu and pricing position it favorably as a high-quality and convenient dining destination. Its takeout, delivery and catering services expand its target demographic and make it a good choice for events such as company retreats.
When was the first California Pizza Kitchen opened?
The first California Pizza Kitchen opened in 1985 . The restaurant was founded in Beverly Hills, California, by Rick Rosenfield and Larry Flax, who were seeking a change from their prior careers as federal prosecutors. CPK developed its signature pizzas, including fresh, original flavors such as Thai Chicken and Jamaican Jerk Chicken. The food was cooked in an open kitchen, adding to the friendly and relaxed environment. CPK centered its menu on using global flavors to upgrade ordinary restaurant fare.
What is CPK restaurant?
CPK restaurants offer sit-down dining, as well as take-out and delivery at many locations. Catering is also available for many locations. For large events, CPK offers the option of a pop-up kitchen.
Is CPK a publicly traded company?
CPK expanded quickly and currently has over 270 full-service restaurants throughout the world, in addition to its more compact locations in airports, sports venues, and universities. In August 2000, CPK went public and began trading on NASDAQ using the ticker symbol CPKI. In 2011, the company was acquired by Golden Gate Capital and reverted to being a privately held company.
Is California Pizza Kitchen franchising?
Although California Pizza Kitchen is currently not offering franchising in the US, locations can become available in the future. Franchise locations are also available globally.
Does California Pizza Kitchen sell pizza?
CPK also serves pastas, salads, sandwiches, soups, appetizers and desserts. In addition to its many full-service restaurants, CPK operates smaller venues such as walk-ups at airports, college campuses and airports. It also sells selected frozen pizzas, available at many grocery stores.
