BIZNOTE: Pegasus Pizza announces new owners

Two years after opening in The Junction, which was a year-plus after the longtime Alki location’s closure, Pegasus Pizza and Pasta has just announced new owners. Via email, here’s the announcement and photo we received today:

After more than 30 years as the head chefs and culinary backbone of Pegasus Pizza and Pasta, Gabriel Castro and Isidro Ocampo have acquired the popular West Seattle restaurant, promising continuity and fresh energy for the neighborhood favorite. Gabe and Isidro have been with Pegasus Pizza and Pasta since 1996 said the transition feels like a natural next step.

“We have poured my heart into this kitchen since day one,” Gabe said. “We have cooked for generations of West Seattle families, celebrated milestones with our guests, and built a team that truly cares. Now, as owner, we are excited to carry this restaurant forward while making it even better for our West Seattle community.”

Gabe continues, “Pegasus Pizza has always been special to me, I even met my wife here at Pegasus.” The previous owner has semi-retired and moving on, passing the torch to Gabe and Isidro. “I am incredibly grateful to Ted (the previous owner) for mentoring us and making Pegasus Pizza and Pasta what it is today.”, said Gabe.

Customers can expect the same beloved menu favorites and familiar warm hospitality that have defined Pegasus Pizza and Pasta for years. At the same time, their new ownership brings several enhancements, including offering a full breakfast menu (8 am-2 pm), in-house delivery (coming soon), 14 new flavors of fried jumbo wings and other expanded menu options. The new team has been focused on updating some kitchen equipment as well to enable faster and more reliable food
production. …

The announcement also says they’re planning a “Grand Reopening Weekend” Friday through Sunday (June 12-14).

11 Replies to "BIZNOTE: Pegasus Pizza announces new owners"

  • Aurora June 8, 2026 (4:12 pm)

    Congrats! I grew up on Pegasus so I’m glad these guys are continuing the business!

  • JC June 8, 2026 (7:27 pm)

    Best wishes for success to the new owners!

  • Former Pegasus girl June 8, 2026 (8:39 pm)

    Gabe and Isidro work very hard! I am happy they are taking over. 

  • The Pinedas June 8, 2026 (10:03 pm)

    This is such good news!! Great work guys!! I love your lasagna! 😋 😍 

  • 1994 June 8, 2026 (10:39 pm)

    Sweet! Long time employees are now the business owners – congratulations you guys!

  • Teddy T. June 8, 2026 (10:41 pm)

    I think the old owners opened something new on alki? I can confirm that the Pizza currently on offer is just as good as it’s ever been. Hoping they enjoy many years of success in the junction. Parking is rough there, but the food is worth it. 

  • Joe June 8, 2026 (10:41 pm)

    Awesome to see the perpetuity of a locally loved business go to employees that helped build it. Good luck to the new owners and I hope to come in soon to support your achievement!!

  • Cid June 9, 2026 (8:44 am)

    I love their pizza! Have been going or getting take out for years. I’m sure their pasta is good too…but can’t get past the pizza and Greek salad! Happy it’s in loving hands for years to come

  • Brad June 9, 2026 (9:24 am)

    We ordered on Saturday.  Same great pizza, and that Greek salad!

  • rose June 9, 2026 (9:27 am)

    Congratulations Gabe and Isidro, as the beneficiary of many of your meals I am looking forward to continuing to patronize your establishment! Yea for small business!

  • Former Pegasus Employee June 11, 2026 (12:19 pm)

    Congratulations Gabe and Isidro!!  I worked with both of you many years ago and you both have always been the heart of the business and make the best food ❤️  Cheers to your ongoing business success!!

Sorry, comment time is over.