California Pizza Kitchen, Inc.

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California Pizza Kitchen, Inc. - overview

Established

1985

Location

-, CA, US

Primary Industry

Travel & Leisure

About

California Pizza Kitchen, Inc. is a U. S. -based restaurant company specializing in innovative casual dining, primarily known for its gourmet pizzas and a diverse menu that appeals to a wide audience.


California Pizza Kitchen, Inc. operates as a casual dining restaurant chain focused on pizza and various Italian-inspired dishes. Founded in 1985 in the United States, the company's headquarters are located in Los Angeles, California. The firm was co-founded by MH Hashmi, who has been pivotal in establishing its culinary direction.


In its journey, California Pizza Kitchen has undergone a strategic shift from public to private ownership. In November 2025, a consortium led by Consortium Brand Partners, along with Eldridge Industries, agreed to acquire California Pizza Kitchen, Inc. for approximately USD 300 million. California Pizza Kitchen specializes in a diverse range of culinary offerings, primarily recognized for its innovative pizzas, salads, pastas, starters, and desserts.


The company emphasizes the use of high-quality ingredients and creative combinations to cater to a wide array of tastes and dietary preferences, including options for personalizations and take-and-bake selections. CPK's core product offerings not only aim to satisfy cravings for casual dining but also provide convenient meal solutions for busy consumers seeking quality food experiences. The brand has established a broad customer base that includes families, young professionals, and pizza enthusiasts across various geographical markets, notably expanding its presence in locations throughout the United States and select international markets. Through a commitment to fresh and imaginative menu items, CPK addresses the end-use cases of convenience, flavor exploration, and social dining.


California Pizza Kitchen generates revenue primarily through direct-to-consumer sales at its restaurant locations, as well as through catering services that cater to large groups and events. In 2011, the company reported revenue of USD 642. 23 mn and an EBITDA of USD 26. 77 mn.


The company's transaction structure is anchored in the traditional restaurant model, where guests place orders for dine-in or takeout, facilitating immediate sales through menu offerings that highlight their signature pizzas and other dishes. Additionally, CPK may engage in partnerships with food delivery services to expand its reach, allowing customers to order from the menu online for delivery. The pricing strategy reflects the value proposition associated with their flagship products, aiming to provide a balance of quality and cost-effectiveness for the consumer. Revenue streams are bolstered by seasonal promotions and loyalty programs designed to enhance customer retention and engagement.


California Pizza Kitchen has outlined several strategies for growth, including the introduction of new menu items designed to enhance customer engagement and cater to evolving dietary preferences. The company is also focused on expanding its geographic footprint in both existing and new markets, although specific regions and timelines have yet to be disclosed. The recent funding will support these initiatives, allowing for investment in product development and market expansion efforts to position California Pizza Kitchen for future success.


Current Investors

Bruckmann Rosser Sherrill

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife

Website

www.cpk.com

Verticals

Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

California Pizza Kitchen, Inc. - financials

Fiscal Year EndedDec 29, 2002Dec 28, 2003Dec 28, 2004Jan 02, 2005Jan 01, 2006Dec 31, 2006Dec 30, 2007Dec 28, 2008Dec 28, 2009Jan 03, 2010Jan 02, 2011
Revenue (USD)306,322,000359,887,000-422,452,000479,599,000554,601,000632,884,000677,074,000---
% Revenue Growth (YoY)-17.5%---15.6%14.1%7.0%---
EBITDA (USD)37,867,00026,977,000-49,072,00052,280,00059,460,00053,241,00048,802,000---
Operating Income (USD)22,896,0009,399,000-25,097,00026,840,00029,971,00021,517,00012,381,000---
Operating Margin7.5%2.6%-5.9%5.6%5.4%3.4%1.8%---
% EBITDA Margin12.4%7.5%-11.6%10.9%10.7%8.4%7.2%---
NET Income (USD)15,330,0007,956,000-17,816,00019,490,00021,000,00014,784,0008,662,000---
% Net Margin5.0%2.2%-4.2%4.1%3.8%2.3%1.3%---

California Pizza Kitchen, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutAnnouncedCalifornia Pizza Kitchen, Inc.-
Private DebtCompletedCalifornia Pizza Kitchen, Inc.-
Bankruptcy/Write-offCompletedCalifornia Pizza Kitchen, Inc.-
Private DebtCompletedCalifornia Pizza Kitchen, Inc.-
Private DebtCompletedCalifornia Pizza Kitchen, Inc.-

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California Pizza Kitchen, Inc. - employee data

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