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Chipotle was one of the first chains of fast casual dining establishments. [10] It was founded by Steve Ells on July 13, 1993. Ells was the founder, chairman, and CEO of Chipotle. He was inspired to open the restaurant after visiting taquerias and burrito shops in San Francisco's Mission District while working as a chef.
Chipotle founder and former CEO Steve Ells attended the Culinary Institute of America in Hyde Park, N.Y., and then used a loan from his father to open the first Chipotle in Denver back in 1993.
Chipotle has worked out to be a fantastic investment, with shares up more than 300% in the past five years. This rise would have turned a $10,000 investment into more than $40,000 today.
Last year, Chipotle bought 36 thousand pounds of the produce from him, most of which ended up being used in the Oceanside, California area. 3. Individual stores pulled in an average of over 2 ...
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In Q3, Chipotle's business was booming. Same-store sales jumped by 6% year over year, helped by transaction growth of 3%. Coupled with opening new locations, overall revenue was up 13% to $2.8 ...
Mexican fast-casual chain Chipotle is planning its first Hope Mills location. Town officials approved plans for a 2,492-square-foot store at 2814 Town Center Drive, according to an April 15 town ...
The first Five Guys restaurant opened in 1986 in Arlington County, Virginia. By 2001, there were five locations in the Washington, D.C., metro area. [2] In early 2003, Five Guys began franchising, beginning a period of rapid expansion. In a year and a half, permits had been sold for over 300 franchised locations. [2]