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By 2001, McDonald's had grown to be Chipotle's largest investor. [11] The investment from McDonald's allowed the firm to quickly expand, from 16 restaurants in 1998 to over 500 by 2005. [20] On January 26, 2006, Chipotle made its initial public offering (IPO) after increasing the share price twice due to high pre-IPO demand.
This is a list of the largest fast-food restaurant chains by their number of locations ... McDonald's: 41,822 (2023) [2] US$23.2 billion ... Chipotle Mexican Grill: ...
This is a list of notable current and former fast food restaurant chains, as distinct from fast casual restaurants (see List of casual dining restaurant chains), coffeehouses (see List of coffeehouse chains), ice cream parlors (see List of ice cream parlor chains), and pizzerias (see List of pizza chains).
Chipotle is now a major player in fast food and the envy of many other companies in the industry. As McDonald's struggles, posting a year-over-year drop in revenue for Q2 2024, Chipotle is ...
CMG Revenue (Quarterly) data by YCharts. Driving this growth were 294 net-new company-owned locations since Q3 2023, bringing the total to 3,615, representing a nearly 9% year-over-year increase.
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McDonald's is not alone in feeling the impact. Other chains like Burger King (), Wendy's (), Jack in the Box (), and In-N-Out are also seeing lower foot traffic in California.Chipotle (), which ...
Ells served for two years as a sous chef under Jeremiah Tower [8] at Stars restaurant in San Francisco prior to launching Chipotle. Ells opened a Chipotle themed taco store in Denver, Colorado near the University of Denver campus using $85,000 borrowed from his family and friends.