Key Highlights:
- California Pizza Kitchen has delivered a strong Q1 result.
- California Pizza Kitchen has signed two international franchise agreements and plans to expand to seven international restaurant locations.
- The unit volume of between $3 to 5 million, has ranked the company among the attractive investment opportunity.
California Pizza Kitchen has delivered a strong first quarter. The company recently announced that it will be signing two international franchise agreements. It plans to expand the brand into seven international locations and two airport locations by the end of this year. The goals are aligned with the brand’s development momentum in 2021 which marked the launch of its domestic franchise program.
New locations await
California Pizza Kitchen’s recently signed international agreements are located in Chile and Costa Rica. This expands the brand presence to 50 overseas restaurants. Alongside it is planning to open restaurants in Chile, Alberta, India, Costa Rica, Canada, Santiago as well as San Jose, Chile, Costa Rica airports.
California Pizza Kitchen has a strong business model and a loyal customer base that has driven the company’s growth since 1985. The company plans to grow exponentially in 2022 by expanding its footprint domestically and internationally.
An official statement by California Pizza Kitchen
The Vice President of Global and Franchise Operations, Giorgio Minardi shared, “We’re proud of our first quarter achievements and are eager to continue building upon our success to drive our expansion in the U.S. Our California-Forward casual dining concept is unlike any other in the restaurant industry and we’re ready to expand with new multi-unit restaurant operators.” He is optimistic about the growth of California Pizza Kitchen and is welcoming new franchisees to the brand family and creating their mark nationwide.
What will the franchise owner get?
California Pizza Kitchen offers franchisees the flexibility and customizable menus, design layout, and multiple-daypart offerings. The aim is to help each location stand out and cater to customer needs while thriving in the market. Alongside these factors, the unit volume of between $3 to 5 million, has ranked the company among the attractive investment opportunity. The franchisees will be provided with the needed tools and resources, with best-in-class training and development.
