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Because Chipotle does not franchise, all restaurants are owned and operated directly by the corporation itself. Thus, whenever Chipotle is in the process of launching a new location, the field team hires a new general manager and trains them at a current location so that they will be ready for the new location when it opens for business.
Steve Ells (born September 12, 1965) [1] is an American businessman. He is the founder, former chief executive officer, and former executive chairman of Chipotle Mexican Grill.
Chipotle Mexican Grill: 2,962 (2021) [43] [44] US$7.5 billion (2021) [43] 28 United States Cold Stone Creamery: 2,879 (2021) [45] [a] 29 United States Blimpie: 30
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.
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.
Chipotle Mexican Grill has been the storied player in the up and coming "fast casual" dining segment. At the end of 2013, Chipotle operated 1,595 restaurants and planned to open another 180 to 195 ...
Yum! previously also owned Long John Silver's and A&W Restaurants. In 1997, PepsiCo divested of its restaurant assets, and these consolidated as Yum! Brands. Based in Louisville, Kentucky, Yum! is one of the world's largest fast food restaurant companies in terms of system units. In 2016, Yum! had 43,617 restaurants, including 2,859 that were ...
2. They make pizza. Not at Chipotle, specifically, but at another food concept joint owned by the company. It's called Pizzeria Locale, and its specialty is gourmet pies. Those eager to try a ...