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California Pizza Kitchen Properties For Sale

    



Interested in Purchasing a California Pizza KitchenProperty for Investment?

 

If you wish to purchase a California Pizza Kitchen property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net California Pizza Kitchen properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

 

 

 

California Pizza Kitchen

 

 
Price: 

$2M - $5M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
6.5% – 7.50%
Name California Pizza Kitchen
Private
Industry Food and beverage
Genre American Cuisine
Founded 1985
Founder Richard ("Rick") L. Rosenfeld and Larry S. Flax
Headquarters Los Angeles, California,
United States
Area served 
United States,Mexico,South America,Asia-Pacific region,Western Asia
Key people 
G.J. Hart, CEO
Products Pizzas, pastas, salads, small plates and desserts
Services Polished casual dining restaurant
Revenue $555 million (2006)  [1]
$21 million (2006)  [1]
Number of employees 
14,800 (2007)  [1]
Website www.cpk.com
 

About California Pizza Kitchen:

 

California Pizza Kitchen, known within the food industry asCPK, is a polished casual diningrestaurant chain that specializes in California-style pizza. The restaurant was started in 1985 by attorneys Rick Rosenfield and Larry Flax in Beverly Hills, California, United States.[2] 

 

The chain is widely known for its innovative and nontraditional pizzas, such as the "Original BBQ Chicken Pizza",BLT, Thai Chicken, and Jamaican Jerk Chicken pizzas. They also serve various kinds of pasta, salads, soups, sandwiches and desserts. They have an extensive children's menu for children ages 10 and under which includes a variety of different pizzas, pastas, salad and chicken. 

Launching in 2014, CPK debuted introduction of their Next Chapter locations. Focused on sustainability and "seeking the unique," Next Chapter locations boast reclaimed wood, natural stone counter tops and herb gardens. A newly reimagined menu introduces specialty hand-tossed pizzas, main plate offerings, seasonal features, hand-crafted cocktails and more.[3] 

The chain has over 200 locations in 32 US states and 13 other countries, including 17 California Pizza Kitchen nontraditional, franchise concepts designed for airports, universities and stadiums. [4]The company licensed its name to Kraft Foods to distribute a line of premium frozen pizzas, in 2000.;[1]Nestlé purchased Kraft's pizza lines in 2010.

 

CPK is increasing and expanding its presence continuously. The company strives to stay involved with community outreach and fundraising activities. From fundraisers, to birthday parties, to donating to local charities, CPK aims to promote positive change.[9]In 2015, CPK announced their official partnership with theMake-A-Wish Foundation, aiding in granting "wishes" to children with life-threatening medical conditions[2]Furthermore, in the past few years CPK has introduced a new line of hand-tossed style, crispy thin crust, gluten-free crust and small pizzas that are available in supermarkets.[10]People can now search recipes from the menu to cook at home, or buy CPK branded items in a supermarket. 

CPK has partnered with the Gluten-Free Food Service Certification program to serve a line of Gluten Intolerance Group (GIG) certified gluten-free pizzas, available across all CPK locations—excluding franchise locations.[11]To ensure the quality of the pizzas, every CPK location will be held to an audit score of 85% or higher to receive a passing grade.[12]Gluten-free crust will be available for all pizzas for $2. However, due to kitchen space, only the pizzas listed on their separate Gluten-Free menu can be prepared using Gig's certified procedures.[13][14] 

 

California Pizza Kitchen Properties For Sale Across the United States: 

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming 



 

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