California Pizza Kitchen

Interested in selling your California Pizza Kitchen NNN property or California Pizza Kitchen ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market California Pizza Kitchen NNN property for sale or California Pizza Kitchen ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your California Pizza Kitchen NNN property or the inclusion of a California Pizza Kitchen ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market California Pizza Kitchen properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2023, California Pizza Kitchen has over 250 restaurants located in 30 states across the United States.

Revenue and income

In 2022, California Pizza Kitchen’s total revenue was $500 million. Net income was $25 million.

Future plans

California Pizza Kitchen plans to continue its expansion in both domestic and international markets. In 2023, the company aims to open 50 new restaurants worldwide. California Pizza Kitchen is also exploring new menu offerings and digital ordering platforms to enhance customer experience.

Corporate vs. franchise

Approximately 60% of California Pizza Kitchen restaurants are company-owned, while the remaining 40% operate as franchises. Franchisees typically pay a franchise fee of $50,000 to $100,000 and ongoing royalty fees based on a percentage of sales.

Additional information California Pizza Kitchen Properties

The inception of California Pizza Kitchen took place in 1985 in Beverly Hills, California. The restaurant chain is known for its innovative California-style pizzas, pasta dishes, salads, and desserts. California Pizza Kitchen introduced the first BBQ Chicken Pizza to the American market. The company has received several awards for its culinary creations and commitment to sustainability. California Pizza Kitchen is a subsidiary of a global restaurant group that owns other popular dining brands.

California Pizza Kitchen History

California Pizza Kitchen’s journey began in 1985 when Larry Flax and Rick Rosenfield established the first restaurant in Beverly Hills, California. Inspired by their passion for innovative and eclectic culinary creations, they introduced a menu featuring a variety of California-style pizzas and unique dishes. The restaurant’s inviting atmosphere and focus on fresh, high-quality ingredients quickly gained popularity, attracting food enthusiasts and casual diners alike. Over the years, California Pizza Kitchen expanded its presence across the United States and ventured into international markets, captivating taste buds worldwide. Today, it is a leading restaurant chain known for its inventive and delicious offerings.

Why Invest in Ground Lease and NNN Lease of California Pizza Kitchen?

Investing in Burger King‘s ground lease and triple net (NNN) lease properties presents compelling advantages:

1) California Pizza Kitchen NNN Property Investment: Stable income

With its strong reputation and broad customer base, California Pizza Kitchen provides a steady and reliable income stream through ground and NNN leases.

2) California Pizza Kitchen NNN Property Investment: Established tenant

California Pizza Kitchen’s brand recognition reduces the likelihood of tenant turnover or lease defaults, ensuring a stable occupant for the property.

3) California Pizza Kitchen NNN Property Investment: Low management responsibility

Ground and NNN leases place responsibility for property maintenance and expenses on the tenant, minimizing management obligations for landlords.

4) California Pizza Kitchen NNN Property Investment: Favorable lease terms

Long-term leases with built-in rent escalations offer predictable income and the potential for rental growth over time.

5) California Pizza Kitchen NNN Property Investment: Real estate value

Strategically located California Pizza Kitchen restaurants in high-traffic areas can enhance property value, providing opportunities for capital appreciation.

Pros and Cons of California Pizza Kitchen Ground Lease and NNN Lease Investment

Pros:

1. Steady income from a well-regarded brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibilities for property owners.
4. Long lease terms ensure stability and potential income growth.

Cons:

1. Lease renewal risk upon lease expiration.
2. Dependency on California Pizza Kitchen’s success and operational performance.
3. Market competition and economic factors can impact profitability.
4. Limited control over property-related decisions.
5. Real estate investments carry inherent market and financial risks.

Conducting comprehensive due diligence, considering location, lease terms, and tenant strength, and aligning the investment strategy with your goals and risk tolerance is essential. Seek guidance from real estate professionals and financial advisors to make informed decisions.

MarketWatch: AutoZone (Last 4 Years)

Latest News: California Pizza Kitchen

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