U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549

                                    FORM 10-Q

/X/  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
       ACT OF 1934
                   FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2000

                                        OR

 / /  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES
     EXCHANGE ACT OF 1934

            FOR THE TRANSITION PERIOD FROM _______________ TO ______

                         COMMISSION FILE NUMBER 0-21423

                          CHICAGO PIZZA & BREWERY, INC.
              (Exact name of registrant as specified in its charter)

         CALIFORNIA                                     33-0485615
     (State or other jurisdiction of                 (I.R.S. Employer
       incorporation or organization)                 Identification Number)

                            26131 MARGUERITE PARKWAY
                                     SUITE A
                         MISSION VIEJO, CALIFORNIA 92692
       (Address and zip code of Registrant's principal executive offices)

                                 (949) 367-8616
               (Registrants telephone number, including area code)



Indicate  by  check  mark  whether  the  Registrant  (1)  has  filed all reports
required  to  be  filed by Section 13 or 15(d) of the Securities Exchange Act of
1934  during  the  preceding  12  months  (or  for  such shorter period that the
Registrant  was required to file such reports), and (2) has been subject to such
filing  requirements  for  the  past  90  days.  YES  X    NO.
                                                     ---

As  of  August  1,  2000,  there  were  7,658,321  shares of Common Stock of the
Registrant  outstanding  and  7,964,584  Redeemable  Warrants  of the Registrant
outstanding.



<PAGE>



                 CHICAGO PIZZA & BREWERY, INC. AND SUBSIDIARIES



                                                                         PAGE
                                                                         ----

PART I.    FINANCIAL INFORMATION


Item   1.         Consolidated Financial Statements                         1

     Consolidated Balance Sheets -
          June 30, 2000 (Unaudited) and December 31, 1999                   1

     Unaudited Consolidated Statements of  Operations -
          Three Months Ended and Six Months Ended
          June 30, 2000 and June 30, 1999                                   2

     Unaudited Consolidated Statements of Cash Flows -
          Six Months Ended June 30, 2000 and
          June 30, 1999                                                     3

     Notes to Consolidated Financial Statements                             4


Item  2.     Management's Discussion and Analysis of Financial
     Condition and Results of Operations                                    5


Item 3.  Quantitative and Qualitative Disclosures about Market Risk        10


PART II.     OTHER INFORMATION


Item 1.     Legal Proceedings                                              10


Item 2.     Changes in Securities                                          10


Item 3.     Defaults Upon Senior Securities                                11


Item 4.     Submission of Matters to a Vote of
            Security Holders                                               11


Item 5.     Other Information                                              11


Item 6.     Exhibits and Reports on Form 8-K                               11



     SIGNATURES




<PAGE>

                          PART I. FINANCIAL INFORMATION


ITEM 1. CONSOLIDATED FINANCIAL INFORMATION

<TABLE>
<CAPTION>

                                 CHICAGO PIZZA & BREWERY, INC.
                                  CONSOLIDATED BALANCE SHEETS

                                                                    JUNE 30,   DECEMBER 31,
                                                                     2000          1999
                                                                  (Unaudited)
                                                                 ------------  ------------
                                    ASSETS:
Current assets:
<S>                                                              <C>           <C>
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . .$   648,195   $   188,811
Accounts receivable . . . . . . . . . . . . . . . . . . . . . . .    162,002       141,968
Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . .    474,291       455,880
Prepaids and other current assets . . . . . . . . . . . . . . . .    214,136       271,854
                                                                 ------------  ------------
Total current assets. . . . . . . . . . . . . . . . . . . . . . .  1,498,624     1,058,513

Property and equipment, net . . . . . . . . . . . . . . . . . . . 16,737,787    12,529,913

Other assets. . . . . . . . . . . . . . . . . . . . . . . . . . .    369,015       353,595
Intangible assets, net. . . . . . . . . . . . . . . . . . . . . .  5,119,322     5,202,085
                                                                 ------------  ------------

Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . .$23,724,748   $19,144,106
                                                                 ============  ============

Current liabilities:
Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . .$ 2,443,739   $ 1,114,757
Accrued expenses. . . . . . . . . . . . . . . . . . . . . . . . .  2,171,340     1,710,984
Current portion of notes payable to related parties . . . . . . .    364,108       350,341
Current portion of long-term debt . . . . . . . . . . . . . . . .    397,442       284,919
Current portion of obligations under capital lease. . . . . . . .     93,680       146,942
                                                                 ------------  ------------
Total current liabilities . . . . . . . . . . . . . . . . . . . .  5,470,309     3,607,943

Notes payable to related parties. . . . . . . . . . . . . . . . .  1,183,457     1,368,807
Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . .  2,863,548       687,331
Obligations under capital lease . . . . . . . . . . . . . . . . .      4,636        22,574
Other liabilities . . . . . . . . . . . . . . . . . . . . . . . .    474,115       109,131
                                                                 ------------  ------------

Total liabilities . . . . . . . . . . . . . . . . . . . . . . . .  9,996,065     5,795,786
                                                                 ------------  ------------

Commitments and contingencies

Minority interest in partnership. . . . . . . . . . . . . . . . .    257,876       249,159

Shareholders' equity:
Preferred stock, 5,000,000 shares authorized, none issued
    or outstanding
Common stock, no par value, 60,000,000 shares authorized and
    7,658,321 shares issued and outstanding as of June 30, 2000
    and December 31, 1999 . . . . . . . . . . . . . . . . . . . . 16,076,132    16,076,132
Capital surplus . . . . . . . . . . . . . . . . . . . . . . . . .    975,280       975,280
Accumulated deficit . . . . . . . . . . . . . . . . . . . . . . . (3,580,605)   (3,952,251)
                                                                 ------------  ------------
Total shareholders' equity. . . . . . . . . . . . . . . . . . . . 13,470,807    13,099,161
                                                                 ------------  ------------

Total liabilities and shareholders' equity. . . . . . . . . . . .$23,724,748   $19,144,106
                                                                 ============  ============
<FN>
    The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>


                                            1



<PAGE>
                 CHICAGO PIZZA & BREWERY, INC. AND SUBSIDIARIES

<TABLE>
<CAPTION>

                         UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

                                          Three Months Ended June 30,  Six Months Ended June 30,
                                          ---------------------------  --------------------------


                                                2000         1999          2000          1999
                                            ------------  -----------  ------------  ------------
<S>                                         <C>           <C>          <C>           <C>
Revenue. . . . . . . . . . . . . . . . . .  $12,346,798   $9,947,282   $22,525,443   $18,039,685
Cost of sales. . . . . . . . . . . . . . .    3,402,097    2,790,237     6,203,852     5,014,633
                                            ------------  -----------  ------------  ------------
Gross profit . . . . . . . . . . . . . . .    8,944,701    7,157,045    16,321,591    13,025,052

Cost and expenses:
Labor and benefits . . . . . . . . . . . .    4,411,629    3,529,931     8,099,604     6,507,561
Occupancy. . . . . . . . . . . . . . . . .      993,196      751,154     1,827,133     1,460,377
Operating expenses . . . . . . . . . . . .    1,286,677    1,016,763     2,393,873     1,924,526
Preopening costs . . . . . . . . . . . . .      311,998      126,711       458,107       321,913
Restaurant closure expense . . . . . . . .      114,300      169,071       114,300       169,071
General and administrative . . . . . . . .    1,024,424      752,074     1,937,473     1,415,768
Depreciation and amortization. . . . . . .      462,144      389,550       888,025       743,755
                                            ------------  -----------  ------------  ------------
     Total cost and expenses . . . . . . .    8,604,368    6,735,254    15,718,515    12,542,971
                                            ------------  -----------  ------------  ------------
Income from operations . . . . . . . . . .      340,333      421,791       603,076       482,081

Other Income (Expense):
Interest expense . . . . . . . . . . . . .      (98,817)     (82,719)     (176,669)     (149,977)
Interest income. . . . . . . . . . . . . .          274       16,860         3,527        26,787
Other income (expense), net. . . . . . . .         (680)       7,340        (1,843)        8,107
                                            ------------  -----------  ------------  ------------
Total other income (expense) . . . . . . .      (99,223)     (58,519)     (175,312)     (115,083)
                                            ------------  -----------  ------------  ------------

Income before minority interest, income
    taxes and change in accounting . . . .      241,110      363,272       427,764       366,998

Minority interest in partnership . . . . .      (19,822)     (10,403)      (27,244)      (20,059)
                                            ------------  -----------  ------------  ------------
Income before income taxes and
    change in accounting . . . . . . . . .      221,288      352,869       400,520       346,939

Income tax expense . . . . . . . . . . . .      (22,551)      (8,960)      (28,874)      (10,575)
                                            ------------  -----------  ------------  ------------
Income before change in accounting . . . .      198,737      343,909       371,646       336,364
Cumulative effect of change in accounting.                                              (106,175)
                                            ------------  -----------  ------------  ------------
Net income . . . . . . . . . . . . . . . .  $   198,737   $  343,909   $   371,646   $   230,189
                                            ============  ===========  ============  ============

Net income (loss) per share:
Basic and dilutive:
Income before cumulative effect of
    change in accounting . . . . . . . . .  $      0.03   $     0.04   $      0.05   $      0.05
Cumulative effect of change in accounting.                                                 (0.02)
    Net income . . . . . . . . . . . . . .  $      0.03   $     0.04   $      0.05   $      0.03
                                            ============  ===========  ============  ============

Weighted average number of shares
     outstanding:
Basic. . . . . . . . . . . . . . . . . . .    7,658,321    7,658,321     7,658,321     7,161,083
                                            ============  ===========  ============  ============
Dilutive . . . . . . . . . . . . . . . . .    7,667,157    7,667,598     7,666,318     7,170,058
                                            ============  ===========  ============  ============
<FN>
     The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                                2


<PAGE>


<TABLE>
<CAPTION>

                           CHICAGO PIZZA & BREWERY, INC.
                  UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS


                                                        FOR THE SIX MONTHS ENDED JUNE 30,
                                                        ---------------------------------

                                                            2000                 1999
                                                        ------------         ------------
Cash flows provided by (used in) operating activities:
<S>                                                     <C>                  <C>
Net income . . . . . . . . . . . . . . . . . . . . . .  $   371,646          $   230,189
Adjustments to reconcile net income to net cash
      Provided by operating activities:
Depreciation and amortization. . . . . . . . . . . . .      888,025              743,755
Change in accounting principle . . . . . . . . . . . .                           106,175
Minority interest in partnership . . . . . . . . . . .       27,244               20,059
Loss on disposal of assets . . . . . . . . . . . . . .       75,300              136,925
Changes in assets and liabilities:
    Accounts receivable. . . . . . . . . . . . . . . .      (20,034)             (17,171)
    Inventory. . . . . . . . . . . . . . . . . . . . .      (18,411)             (47,258)
    Prepaids and other current assets. . . . . . . . .       57,718             (142,533)
    Other assets . . . . . . . . . . . . . . . . . . .      (40,198)              (8,389)
    Accounts payable . . . . . . . . . . . . . . . . .    1,328,982              158,819
    Accrued expenses . . . . . . . . . . . . . . . . .      426,010              337,160
    Other liabilities. . . . . . . . . . . . . . . . .        2,824               (6,484)
                                                        ------------         ------------

       Net cash provided by operating activities . . .    3,099,106            1,511,247
                                                        ------------         ------------

Cash flows provided by (used in) investing activities:
Purchases of equipment . . . . . . . . . . . . . . . .   (5,085,659)          (2,249,598)
Proceeds from sale of restaurant equipment . . . . . .       22,000               48,867
                                                        ------------         ------------

Net cash used in investing activities. . . . . . . . .   (5,063,659)          (2,200,731)

Cash flows provided by (used in) financing activities:
Proceeds from sale of common stock . . . . . . . . . .                         1,000,000
Loan proceeds. . . . . . . . . . . . . . . . . . . . .    2,440,500              699,604
Landlord contribution for tenant improvements. . . . .      396,508
Payments on related party debt . . . . . . . . . . . .     (171,583)            (175,123)
Payments on debt . . . . . . . . . . . . . . . . . . .     (151,760)            (143,708)
Capital lease payments . . . . . . . . . . . . . . . .      (71,200)             (62,424)
Distribution to minority interest partners . . . . . .      (18,528)
                                                        ------------         ------------

       Net cash provided by financing activities . . .    2,423,937            1,318,349
                                                        ------------         ------------

       Net increase in cash and cash equivalents . . .      459,384              628,865

Cash and cash equivalents, beginning of period . . . .      188,811            1,490,705
                                                        ------------         ------------

Cash and cash equivalents, end of period . . . . . . .  $   648,195          $ 2,119,570
                                                        ============         ============

<FN>
  The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>

                                             3

<PAGE>

                          CHICAGO PIZZA & BREWERY, INC.
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
              ----------------------------------------------------


BASIS OF PRESENTATION

     The  accompanying  unaudited  consolidated  financial statements of Chicago
Pizza  & Brewery, Inc. and its subsidiaries (the "Company") for the three months
and  six  months  ended  June 30, 2000 and 1999 have been prepared in accordance
with generally accepted accounting principles, and with the instructions to Form
10-Q  and Rule 10-01 of Regulation S-X. These financial statements have not been
audited  by  independent accountants, but include all adjustments (consisting of
normal  recurring adjustments) which are, in Management's opinion, necessary for
a  fair  presentation of the financial condition, results of operations and cash
flows for such periods. However, these results are not necessarily indicative of
results  for  any  other  interim  period  or  for  the  full  year.

     Certain information and footnote disclosures normally included in financial
statements in accordance with generally accepted accounting principles have been
omitted  pursuant  to  requirements  of  the  Securities and Exchange Commission
(SEC).  A  description  of the Company's accounting policies and other financial
information  is  included  in  the  audited consolidated financial statements as
filed with the SEC on Form 10-K for the year ended December 31, 1999. Management
believes  that  the  disclosures  included in the accompanying interim financial
statements  and  footnotes  are adequate to make the information not misleading,
but should be read in conjunction with the consolidated financial statements and
notes  thereto  included in the Form 10-K. The accompanying consolidated balance
sheet  as  of  December  31,  1999  has  been derived from the audited financial
statements.


ORGANIZATION

Chicago  Pizza  &  Brewery,  Inc. (the "Company" or "BJ's") owns and operates 27
restaurants  located in Southern California, Oregon and Colorado and an interest
in  one  restaurant  in Lahaina, Maui.  Each of these restaurants is operated as
either  a BJ's Restaurant & Brewery, a BJ's Restaurant & Brewhouse, a BJ's Pizza
&  Grill - OTC or a Pietro's Pizza restaurant.  The menu at the BJ's restaurants
feature  BJ's  award-winning,  signature  deep-dish pizza, BJ's own hand-crafted
beers  as  well as a great selection of appetizers, entrees, pastas, sandwiches,
specialty salads and desserts.  The five BJ's Pizza, Grill & Brewery restaurants
feature  in-house brewing facilities where BJ's hand-crafted beers are produced.
The  eight  Pietro's Pizza restaurants serve primarily Pietro's thin-crust pizza
in  a  very  casual,  counter-service  environment.

     The  Company's  current focus is on the development of the larger footprint
BJ's  restaurants  in  high  profile locations with favorable demographics.  The
Company opened BJ's Restaurant & Brewhouses in Valencia, California and Burbank,
California  in  March 2000 and June 2000, respectively. During the first quarter
2000,  the Company acquired a restaurant location in West Covina, California and
anticipates  opening  a  BJ's  Restaurant  &  Brewery  in early summer 2000. The
Company  also  has  signed  a  lease  for  an  existing  restaurant  location in
Huntington  Beach,  California  and  anticipates  opening  a  BJ's  Restaurant &
Brewhouse  in  mid-summer  2000.  The  Company  is currently in negotiations for
additional  sites  in  California,  Arizona  and  Washington.

     On June 16, 2000, the Company's lease on a restaurant acquired from
Pietro's Holdings expired. Two five-year options were available to the Company,
but the restaurant did not figure significantly in the Company's future plans.
The Company chose not to exercise its option, and closed the Pietro's restaurant
at this location. The Company incurred a non-cash charge of $25,000 on disposal
of improvements and equipment related to the closure of this restaurant.

RECENTLY ISSUED ACCOUNTING STANDARDS

     As  had  been  the  practice  of  many  restaurant  entities,  the  Company
previously  deferred its restaurant preopening costs and amortized them over the
twelve-month period following the opening of each new restaurant. In April 1998,
the  Accounting  Standards  Executive  Committee  of  the  American Institute of
Certified  Public  Accountants  issued  Statement  of  Position 98-5 (SOP 98-5),
Accounting  for the Costs of Start-Up Activities. SOP 98-5 requires all costs of
start-up activities that are not otherwise capitalizable as long-lived assets to
be  expensed as incurred. The Company adopted  SOP 98-5 during the first quarter
of 1999. This accounting standard accelerates the Company's recognition of costs

                                      4

<PAGE>

associated with the opening of new restaurants but will benefit the post-opening
results  of  new restaurants. The Company's total deferred preopening costs were
$106,175  at January 1, 1999. As provided by SOP 98-5, the Company wrote off the
balance  of  deferred  preopening  costs  during  the  first  quarter  of  1999.

     Other recently issued standards of the FASB are not expected to affect the
Company, as conditions to which those standards apply are absent from the
Company's operations.

DIVIDEND POLICY

     The  Company  has  not  paid  any  dividends  since  its  inception and has
currently  not  allocated  any funds for the payment of dividends. Rather, it is
the  current  policy of the Company to retain earnings, if any, for expansion of
its  operations,  remodeling of existing restaurants and other general corporate
purposes and to not pay any cash dividends in the foreseeable future. Should the
Company  decide  to  pay  dividends in the future, such payments would be at the
discretion  of  the  Board  of  Directors.

LONG-TERM  CONSTRUCTION  LOAN

     In  February  2000, the Company entered into an agreement with a bank for a
collateralized term loan for a maximum amount of $4,000,000. There is an initial
twelve-month draw down period and a subsequent thirty-six month term out period.
At  June  30,  2000,  the  outstanding  principal  balance  under this borrowing
arrangement  was $2,440,500. The weighted average interest rate from the date of
initial drawdown through June 30, 2000 was 9.88% percent. The Company paid a one
percent  loan  fee.

Under the terms of the agreement, the Company is required to maintain, as one of
several financial covenants, a leverage ratio, defined as total liabilities less
subordinated  debt divided by net worth less intangible assets plus subordinated
debt, of no more than 1.0 to 1.0, tested on a quarterly basis. At June 30, 2000,
the  leverage ratio was 1.2 to 1.0. However, the lender has agreed to waive its
remidies until September 25, 2000 to allow the Company to bring its leverage
ratio in line with this financial covenant.


ITEM  2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

     The  following  discussion  and analysis should be read in conjunction with
the  Company's  Unaudited  Consolidated  Financial  Statements and notes thereto
included  elsewhere  in  this  Form 10-Q.  Except for the historical information
contained  herein,  the  discussion  in  this Form 10-Q contains certain forward
looking  statements  that involve risks and uncertainties, such as statements of
the  Company's  plans,  objectives, expectations and intentions.  The cautionary
statements  made  in  this  Form  10-Q should be read as being applicable to all
related  forward-looking statements wherever they appear in this Form 10-Q.  The
Company's  actual  results  could  differ  materially from those discussed here.
Factors  that  could  cause  or  contribute to such differences include, without
limitation, those factors discussed herein and in the Company's annual report as
reported  on  Form  10-K  dated December 31, 1999 including, without limitation:
(i)  the  Company's  ability to manage growth and conversions, (ii) construction
delays,  (iii)  marketing  and  other  limitations  as a result of the Company's
historic  concentration  in Southern California and current concentration in the
Northwest,  (iv)  restaurant  and  brewery  industry  competition, (v) impact of
certain  brewery  business  considerations,  including  without  limitation,
dependence upon suppliers and related hazards, (vi)   increase in food costs and
wages,  including  without limitation the recent increase in minimum wage, (vii)
consumer  trends,  (viii)  potential  uninsured  losses  and  liabilities,  (ix)
trademark  and  servicemark risks, and (x) other general economic and regulatory
conditions  and  requirements.

                                      5


<PAGE>
RESULTS OF OPERATIONS

Three-Month Period Ended June 30, 2000 Compared to Three-Month Period Ended June
30, 1999.

Revenues.  Total  revenues for the three months ended June 30, 2000 increased to
$12,347,000  from  $9,947,000  for the comparable period in 1999, an increase of
$2,400,000  or  24.1%.  The  increase  is  primarily  the  result  of:

The  opening  of  a  BJ's  Restaurant & Brewery in Woodland Hills, California in
April 1999 and BJ's Restaurant & Brewhouses in La Mesa, California and Valencia,
California  in  November 1999 and March 2000, respectively. These new locations,
along  with  the opening of a BJ's Restaurant & Brewhouse on the last day of the
quarter  in  Burbank, California, provided an increase in revenues of $2,140,000
during the second quarter of 2000 when compared with the second quarter of 1999.

An  increase in the BJ's restaurants same store sales for the comparable periods
of  $636,000,  or  9.0%.  Management  believes  this  increase was due to (i) an
increase in customer counts in the California and Colorado restaurants, and (ii)
an  increase  in  check  averages resulting from a price increase implemented in
November  1999.

The  increase  in revenues resulting from the above factors was partially offset
by:

The  closing  of a BJ's in The Dalles, Oregon in May 1999 and Pietro's pizzerias
in  Eugene,  Oregon  in  June  1999  and Longview, Washington in June 2000.  The
closures  of  these  locations  reduced second quarter 2000 revenues by $339,000
compared  with  1999,  when  they  were  operating  a substantial portion of the
quarter.

A  decrease  in  the  Pietro's  restaurants  same store sales for the comparable
periods  of  $46,000,  or  4.1%.

     Cost  of  Sales.  Cost of food, beverages and paper (cost of sales) for the
restaurants  increased  to  $3,402,000  for the three months ended June 30, 2000
from  $2,790,000  for  the comparable period of 1999, an increase of $612,000 or
21.9%.  As  a  percentage  of  sales,  cost  of sales decreased to 27.6% for the
current  quarter from 28.0% for the comparable prior-year quarter. The Company's
same-store  cost  of  sales,  as a percentage of sales, was relatively stable at
27.7%  during  the  three  months ended June 30, 2000, compared to 27.8% for the
comparable  period  of 1999. The overall improvement in cost of sales percentage
was  primarily  due  to  the increase in revenues, discussed above, and improved
food  and  beverage  cost  control in the Arcadia, California restaurant and the
restaurant  and  brewery  in  Woodland Hills, California both of which opened in
early 1999. As a percentage of their revenues, these stores collectively reduced
food  costs  to  28.9%  for the first quarter of 2000, compared to 29.8% for the
comparable  quarter  of 1999. A reduction in food costs as a percentage of sales
is  in  line  with  the  Company's  experience  as operations at newly developed
restaurants  are  refined  and  the  restaurant  matures.

     Labor.  Labor  costs  for  the Company increased to $4,412,000 in the three
months ended June 30, 2000 from $3,530,000 for the comparable period in 1999, an
increase  of  $882,000  or  25.0%.  As  a  percentage  of  revenues, labor costs
increased to 35.7% in the 2000 period from 35.5% in the 1999 period. The overall
and percentage increases are primarily attributable to the opening of restaurant
and  brewhouses in La Mesa, California in November 1999 and Valencia, California
in  March  2000,  which  accounted for $844,000 of labor costs during the second
quarter of 2000. The Company intentionally overstaffs new restaurants during the
startup  phase  of  operations  to allow for newly trained employees, an initial
higher  customer  count and to ensure a good dining experience by its customers.
Same-store labor costs increased $190,000, primarily to support the higher level
of  revenues,  to  $2,995,000 or 6.8%, for the quarter ended June 30, 2000, from
$2,805,000 for the comparable period of 1999. The factors resulting in increased
labor  costs for the second quarter of 2000 were partially offset by the closure
of three Northwest restaurants. The closures collectively resulted in a $127,000
reduction  in  labor  costs  in comparison with the second quarter of 1999. As a
percentage  of  revenues  same-store  labor costs for the second quarter of 2000
decreased  to  34.1%  from  34.2%  from  the  comparable  period  of  1999.

                                      6

<PAGE>
     Occupancy.  Occupancy  costs  increased to $993,000 during the three months
ended  June  30,  2000  from  $751,000  during the comparable period in 1999, an
increase  of $242,000, or 32.3%.  The increase reflects the four additional BJ's
concept  restaurants  which  were  open  the entire second quarter of 2000. As a
percentage  of  revenues,  occupancy  costs increased to 8.0% in the 2000 period
from 7.6% in the 1999 period.  The primary reason for the percentage increase in
occupancy  costs relative to revenues was the decrease in sales at the Northwest
Pietro's restaurants. None of the Pietro's pizza restaurants experienced a level
of  sales  that  required  the  payment  of rent based on a percentage of sales.

Operating Expenses.  Operating expenses increased to $1,287,000 during the three
months ended June 30, 2000 from $1,107,000 during the comparable period in 1999,
an  increase  of  $270,000 or 26.5%. Operating expenses include restaurant-level
operating  costs,  the  major components of which include marketing, repairs and
maintenance,  supplies  and  utilities.  The  opening  of  the BJ's Restaurant &
Brewery  in  Woodland  Hills, California in April 1999 and the BJ's Restaurant &
Brewhouses  in La Mesa, California and Valencia, California in November 1999 and
March  2000,  respectively,  accounted  for  $218,000 of the increase during the
second  quarter  of  2000.  As  a  percentage  of  revenues,  operating expenses
increased  to 10.4% in the 2000 period from 10.2% in the 1999 period. Management
believes  the  primary  reasons  for  the  increase  in  operating expenses as a
percentage  of  revenues  were  recent  price  or  rate  increases  in services,
utilities  and  various  supplies.

     General  and  Administrative Expenses.  General and administrative expenses
increased  to  $1,024,000  during  the  three  months  ended  June 30, 2000 from
$752,000 during the comparable period in 1999, an increase of $272,000 or 36.2%.
As  a  percentage  of  revenues general and administrative expenses increased to
8.3%  from  7.6%  of the comparable period of 1999.  The increase in general and
administrative  expenses  was  primarily  due to acquiring resources to plan and
implement  the  Company's  growth  strategy,  incurring  costs  in  locating and
evaluating  sites  for  future  restaurants  and developing staff and systems to
manage  current  and  planned  future  expansion.

     Preopening Costs. Since January 1999, the Company expenses costs associated
with  the  opening of new restaurants as incurred. During the three-month period
ending June 30, 2000, the Company incurred costs of $312,000 due to preparations
for  the  openings of its new restaurant and brewhouses in Valencia and Burbank,
California  and the development of the restaurant and brewery in West Covina and
restaurant  and  brewhouse  in  Huntington  Beach, California. During the second
quarter  of  1999  the  Company  was preparing one restaurant for opening. These
costs  will fluctuate from year to year, possibly significantly, depending upon,
but  not  limited  to, the number of restaurants under development, the size and
concept  of  the  restaurants  being  developed  and the complexity of the staff
hiring  and  training  process.

     Depreciation  and Amortization.  Depreciation and amortization increased to
$462,000 during the three- month period ended June 30, 2000 from $390,000 during
the  comparable  period  in 1999, an increase of $72,000 or 18.5%. This increase
was  primarily  due  to  the  addition  of  restaurant  equipment, furniture and
improvements  and  brewery  equipment totaling $6,256,000 for the restaurant and
brewery  opened  in  Woodland Hills, California and restaurant and brewhouses in
Arcadia,  La  Mesa  and  Valencia,  California.

     Interest  Expense. Interest expense increased to $99,000 during the quarter
ended  June  30,  2000  from  $83,000  during  the comparable period in 1999, an
increase  of  $16,000,  or  19.3%.  This  increase  was  primarily  due  to  the
additional  debt  incurred  by the Company to finance leasehold improvements and
equipment  for  the new restaurants in Valencia and Burbank, California, as well
as  the  restaurants  being  constructed  in  West Covina, and Huntington Beach,
California.  Interest  expense related to these projects, including amortization
of  the loan fee, was $50,000 during the second quarter of 2000; this amount was
partially  offset  by  reduced  interest  expense  on  older  debt due to normal
principal  amortization.

Six-Month Period Ended June 30, 2000 Compared to Six-Month Period Ended June 30,
1999.

Revenues.  Total  revenues  for  the six months ended June 30, 2000 increased to
$22,525,000  from  $18,040,000 for the comparable period in 1999, an increase of
$4,485,000  or  24.9%.  The  increase  is  primarily  the  result  of:

                                      7

<PAGE>
The  opening  of  restaurant  and  brewhouses  in Arcadia, La Mesa and Valencia,
California  in  January 1999,  November 1999 and March 2000, respectively, and a
restaurant  &  brewery  in  Woodland Hills, California in April 1999.  These new
locations  provided  an  increase in revenues of $4,134,000 during the first six
months  of  2000.

An  increase in the BJ's restaurants same store sales for the comparable periods
of  $1,196,000,  or  10.1%.  Management believes this increase was due to (i) an
increase in customer counts in the California and Colorado restaurants, and (ii)
an  increase  in  check  averages resulting from a price increase implemented in
November  1999.

The  increase  in  revenues  from  the  above  factors  was partially offset by:

The  closing of a restaurant and brewhouse in The Dalles, Oregon in May 1999 and
Pietro's  pizzerias  in Eugene, Oregon and Longview, Washington in June 1999 and
June  2000,  respectively.  The closures of these locations reduced revenues for
the first six months of 2000 by $695,000 when compared with 1999, when they were
open  for  much  of  the  six-month  period.

A  decrease  in  the  Pietro's  pizzeria  restaurants  same  store sales for the
comparable  periods  of  $95,000,  or  4.2%.

     Cost  of  Sales.  Cost of food, beverages and paper (cost of sales) for the
restaurants  increased to $6,204,000 for the six months ended June 30, 2000 from
$5,015,000  for  the  comparable  period  of  1999, an increase of $1,189,000 or
23.7%.  As  a percentage of sales, cost of sales declined to 27.5% from 27.8 for
the  six-month  period  of  1999.  The  Company's same-store cost of sales, as a
percentage of sales, improved to 27.5% during the six months ended June 30, 2000
from 27.9% for the comparable period of 1999. The improvement in same store cost
of  sales  was  partially  offset  by  the higher food costs associated with the
opening  of  the  new  restaurants  in  La  Mesa and Valencia, California.  As a
percentage  of their revenues, these new stores collectively incurred food costs
of  28.8% for the first six months of 2000. A higher cost of sales percentage in
the  early  months  of  operations is in line with the Company's experience when
opening  new  restaurants.

     Labor.  Labor costs for the restaurants increased to $8,110,000 for the six
months ended June 30, 2000 from $6,508,000 for the comparable period in 1999, an
increase  of  $1,602,000  or  24.6%.  As  a  percentage of revenues, labor costs
decreased  to  36.0%  in  the  2000  period  from 36.1% in the 1999 period.  The
overall  increase  is  attributable  to  the  opening  of  the  new  California
restaurants;  labor  costs  at  these  three  restaurants totaled $984,000.  The
decrease  as  a percentage of sales was primarily due to more efficient staffing
of the Arcadia and Woodland Hills, California restaurants. Opened in January and
April  1999,  respectively,  their  collective  labor  costs  as a percentage of
revenues  improved to 35.6% from 41.2% for the comparable 1999 six-month period.
The Company intentionally overstaffs new restaurants during the startup phase of
operations  to  allow  for  newly  trained employees, an initial higher customer
count  and to ensure a good dining experience by its customers. Same-store labor
costs  increased  $422,000, or 8.7%, to $5,277,000 for the six months ended June
30,  2000  from $4,855,000 for the comparable period of 1999. As a percentage of
revenues  same-store labor costs for the three months of 1999 increased to 34.8%
from  34.5%  for the comparable period of 1999. Management feels the increase in
same-store  labor  costs  as a percentage of revenues is due primarily to a 4.2%
decrease  in  sales  at  the  northwest  Pietro's  restaurants.

     Occupancy.  Occupancy  costs  increased to $1,827,000 during the six months
ended  June  30,  2000  from $1,460,000 during the comparable period in 1999, an
increase  of  $367,000,  or 25.1%.  As a percentage of revenues, occupancy costs
were  stable  at  8.1%  for  both  the  2000 and 1999 six-month periods.  Due to
increased  revenues,  the  BJ's  restaurants  same-store  occupancy  costs  as a
percentage  of sales decreased to 7.1% from 7.5% for the comparable 1999 period.
This  was  offset  by  an  increase  at  the  same store Pietro's restaurants of
occupancy costs as a percentage of sales to 11.6% for the six-months ending June
30,  2000  compared  to  10.7%  for  the  comparable  period  of the prior year.

Operating  Expenses.  Operating  expenses increased to $2,394,000 during the six
months ended June 30, 2000 from $1,924,000 during the comparable period in 1999,
an  increase of $470,000 or 24.4%. The restaurant & brewery opened in April 1999

                                      8

<PAGE>
and  the  restaurant  &  brewhouses  opened  in  November  1999  and March 2000,
respectively,  accounted  for  $450,000  of  the  increase  during the first two
quarters  of  2000. As a percentage of revenues, operating expenses decreased to
10.6%  in  the  2000  period  from  10.7% in the 1999 period. Operating expenses
include  restaurant-level operating costs, the major components of which include
marketing,  repairs and maintenance, supplies and utilities. Management believes
the  decrease in operating expenses as a percentage of revenues reflects a focus
on  more  efficient  operations  at  recently  opened  restaurants.

     General  and  Administrative Expenses.  General and administrative expenses
increased  to  $1,937,000  during  the  six  months  ended  June  30,  2000 from
$1,416,000  during  the  comparable  period  in 1999, an increase of $249,000 or
36.8%. As a percentage of revenues general and administrative expenses increased
to 8.6% from 7.8% of the comparable period of 1999.  The increase in general and
administrative  expenses  was  primarily  due to acquiring resources to plan and
implement  the  Company's  growth  strategy,  incurring  costs  in  locating and
evaluating  sites  for  future  restaurants  and developing staff and systems to
manage  anticipated  future  expansion.

     Preopening  Costs.  During  the  six-month  period ended June 30, 2000, the
Company  incurred  costs of $322,000 due to preparations for the openings of its
new  restaurants  in  Valencia and Burbank, California and the restaurants under
development  in  West  Covina and Huntington Beach, California. These costs will
fluctuate  from  year  to  year, possibly significantly, depending upon, but not
limited to, the number of restaurants under development, the size and concept of
the  restaurants  being  developed  and  the  complexity of the staff hiring and
training  process.

     Depreciation  and  Amortization. Depreciation and amortization increased to
$888,000  during  the six- month period ended June 30, 2000 from $744,000 during
the  comparable  period in 1999, an increase of $144,000 or 19.4%. This increase
was  primarily  due  to  the  addition  of  restaurant  equipment, furniture and
improvements  and  brewery  equipment totaling $6,256,000 for the restaurant and
brewery  opened  in  Woodland Hills, California and restaurant and brewhouses in
Arcadia,  La  Mesa  and  Valencia, California. Depreciation of capital assets at
these  locations increased depreciation expense by $155,000 during the first two
quarters  of  2000.  This  increase was partially offset by the closing of three
Northwest  restaurants  since  late  May  of  1999.

     Interest  Expense.  Interest  expense  increased  to  $177,000  during  the
six-months  ended  June  30,  2000 from $150,000 during the comparable period in
1999,  an increase of $27,000, or 18.0%.  This increase was primarily due to the
additional  debt  incurred  by  the  Company  to  finance  equipment for the new
restaurants  in  Valencia  and  Burbank,  California, as well as the restaurants
being  constructed  in  West  Covina, and Huntington Beach, California. Interest
expense  related  to  these  projects,  including  amortization of the loan fee,
totaled $63,000 during the first two quarters of 2000; this amount was partially
offset  by  reduced  interest  expense  on  older  debt  due to normal principal
amortization.


LIQUIDITY  AND  CAPITAL  RESOURCES

     The Company's operating activities, as detailed in the Consolidated
Statement of Cash Flows, provided $3,099,000 net cash during the six months
ended June 30, 2000, a $1,588,000, or 105.1%, increase over the $1,511,000
generated in the comparable period of the prior year. This increase in cash from
operating activities during the first two quarters of 2000 was primarily due to
a $1,329,000 increase in accounts payable during the six-month period, which
reflects the accumulation of invoices related to restaurant construction that
become due during the various stages of development. Capital expenditures for
the acquisition of restaurant and brewery equipment and leasehold improvements
to construct new restaurants totaled $5,086,000 and $1,221,000 for the six
months ended June 30, 2000 and 1999, respectively, an increase of  $2,836,000,
or 126.0%. These expenditures were required to develop the new restaurants in
Valencia, California and Burbank, California, as well as two additional
restaurants currently under construction and scheduled for opening dates in late
August and late September 2000. Debt reduction on loans exclusive of recent
fundings for construction, including the principal portion of capitalized lease
payments, for the six months ended June 30, 2000 and 1999 totaled $395,000 and
$381,000, respectively.

     The  Company intends to continue the development of additional restaurants.
Management  believes  that  the  Company's  current  resources  and  operational
cashflow  is sufficient to sustain its operations for at least the next year. In

                                      9

<PAGE>
order  to  fund  the opening of additional restaurants the Company will require,
and  intends  to  raise,  additional  capital  through  either  increased  bank
borrowings,  the  issuance  of  debt  or equity securities, or the formations of
additional  investment  or loan arrangements, or a combination of the foregoing.
The  Company  presently  has  no firm commitments in that regard and can give no
assurances  that  management  can  successfully  implement  such  objectives.

IMPACT OF INFLATION

     Impact  of  inflation  on food, labor and occupancy costs can significantly
affect  the  Company's  operations.  Many  of  the  Company's employees are paid
hourly  rates  related  to  the  federal  minimum wage, which has been increased
numerous  times  and  remains  subject  to  future  increases.

SEASONALITY  AND  ADVERSE  WEATHER

     The  Company's  results  of  operations  have historically been impacted by
seasonality,  which directly impacts tourism at the Company's coastal locations.
The  summer  months  (June through August) have traditionally been higher volume
periods  than  other  periods  of  the  year.


I
TEM  3.  QUANTITATIVE  AND  QUALITATIVE  DISCLOSURES  ABOUT  MARKET  RISK.

     The  Company  is  exposed  to market risk from changes in commodity prices,
since  many  of  the  food  products  purchased  by  the Company are affected by
commodity  pricing,  and,  therefore,  are  vulnerable  to  unpredictable  price
fluctuations. Over the recent past, the Company has experienced price volatility
in  such  products as cheese and produce. The Company buys a significant portion
of  its  product  from  a  distributor,  and has only minimal forward purchasing
agreements  with  other  suppliers.  Material  changes in commodity prices could
negatively  affect  the  Company's  margins  in  the  short-term.

     Longer-term  changes  in  commodity  pricing  would  affect  most  of  the
restaurant  industry  as well the Company. The Company most likely would be able
to  mitigate  increased  commodity  prices  by  increasing  menu prices, thereby
passing them through to consumers, and by varying its menu product mix. However,
competitive  circumstances  could limit menu pricing and/or mix strategies, and,
in those circumstances, commodity price fluctuations would negatively impact the
Company's margins. Management believes, however, that were such circumstances to
occur,  they  would  not  materially impact the Company's results of operations.


                           PART II.  OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS

     Restaurants  such  as  those  operated  by  the  Company  are  subject to a
continuous  stream  of  litigation  in  the ordinary course of business, most of
which  the  Company  expects  to  be covered by its general liability insurance.
Punitive  damages  awards,  however,  are  not  covered by the Company's general
liability  insurance.  To  date,  the Company has not paid punitive damages with
respect  to any claims, but there can be no assurance that punitive damages will
not  be  awarded  with  respect  to  any  future  claims  or  any other actions.

     In  June  2000  the  Company  settled  a  lawsuit  brought by the owner and
landlord  of  property  in  Aloha, Oregon, where the Company formerly operated a
Pietro's restaurant. The restaurant was heavily damaged by fire in February 1997
and  the  Company chose not to rebuild a new restaurant on the site. The Company
made  a  one-time  payment  to  the  landlord  of $40,000 as well as other minor
considerations.  As  part of the settlement, the Company has ceased paying rent,
and  has  no  further  obligations  to the landlord. The Company also incurred a
non-cash charge of $49,000 on the abandonment of preliminary reconstruction done
after  the  fire.


ITEM  2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

     None.

                                     10

<PAGE>

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES

     None.


ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

     None.


ITEM  5.  OTHER  INFORMATION

     None.


ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K

     (a)     Exhibits

     3.1     Amended  and  Restated  Articles  of  Incorporation  of  the
             Company, as amended  incorporated  by  reference  to the Company's
             Registration Statement on Form  SB-2,  effective  October  8, 1996
             (SEC File No. 333-5182-LA), herein  as  the  "Registration
             Statement".

     3.2     Bylaws  of the Company, as amended, incorporated by reference to
             Exhibit 3.2 of  Form  10-Q  dated  March  31, 1999.

     4.1     Specimen  Common  Stock Certificate of the Company (incorporated by
             reference  to  Exhibit  4.1  of  the  Registration  Statement).

     4.2     Warrant  Agreement (incorporated by reference to Exhibit 4.2 of the
             Registration  Statement).

     4.3     Specimen  Common  Stock Purchase Warrant (incorporated by reference
             to  Exhibit  4.3  of  the  Registration  Statement).

     4.4     Form  of  Representative's  Warrant  (incorporated  by reference to
             Exhibit  4.4.  of  the  Registration  Statement).

     27.1    Financial Data Schedule

      (b)    Reports on Form 8-K

             The Company filed no reports on Form 8-K during the quarter ended
             June  30,  2000.

                                     11

<PAGE>


SIGNATURES

In  accordance with the requirements of the Securities Exchange Act of 1934, the
registrant  has  duly  caused  this  report  to  be signed on its behalf  by the
undersigned,  thereunto  duly  authorized.


                                   CHICAGO PIZZA & BREWERY, INC.
                                   (Registrant)


August 14, 2000                      By:  /s/ PAUL A. MOTENKO
                                          --------------------
                                          Paul A. Motenko
                                          Co-Chief Executive Officer, Vice
                                          President,Secretary and Co-Chairman
                                          of the Board of Directors



                                     By:  /s/ JEREMIAH J. HENNESSY
                                          -------------------------
                                          Jeremiah J. Hennessy
                                          Co-Chief Executive Officer and
                                          Co-Chairman of the Board of
                                          Directors



                                     By:  /s/ ERNEST T. KLINGER
                                          ----------------------
                                          Ernest T. Klinger
                                          President, Chief Financial Officer
                                          and Co-Chairman of the Board of
                                          Directors






<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Chicago
Pizza & Brewery, Inc.'s Consolidated Balance Sheet and Consolidated Statement
of Operations found on pages one and two of the Company's Form 10-Q for the
three-month period ended June 30, 2000 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000             DEC-31-2000             DEC-31-1999
<PERIOD-START>                             APR-01-2000             JAN-01-2000             JAN-01-1999
<PERIOD-END>                               JUN-30-2000             JUN-30-2000             JUN-30-1999
<CASH>                                             648                     648                   2,120
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                      162                     162                     193
<ALLOWANCES>                                         0                       0                       0
<INVENTORY>                                        474                     474                     393
<CURRENT-ASSETS>                                 1,499                   1,499                   2,885
<PP&E>                                          21,706                  21,706                  14,550
<DEPRECIATION>                                   4,968                   4,968                   3,546
<TOTAL-ASSETS>                                  23,725                  23,725                  19,529
<CURRENT-LIABILITIES>                            5,470                   5,470                   3,749
<BONDS>                                          4,052                   4,052                   2,409
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                        16,076                  16,076                  16,076
<OTHER-SE>                                     (2,605)                 (2,605)                 (3,077)
<TOTAL-LIABILITY-AND-EQUITY>                    23,725                  23,725                  19,529
<SALES>                                         12,347                  22,525                  18,040
<TOTAL-REVENUES>                                12,347                  22,525                  18,040
<CGS>                                            3,402                   6,204                   5,015
<TOTAL-COSTS>                                    8,604                  15,719                  12,543
<OTHER-EXPENSES>                                     1                       2                       8
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                                  99                     177                     150
<INCOME-PRETAX>                                    221                     401                     347
<INCOME-TAX>                                        23                      29                      11
<INCOME-CONTINUING>                                199                     372                     336
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                   (106)
<NET-INCOME>                                       199                     372                     230
<EPS-BASIC>                                       0.03                    0.05                    0.03
<EPS-DILUTED>                                     0.03                    0.05                    0.03
        

</TABLE>