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Chipotle Mexican Grill, Inc. (/ tʃ ɪ ˈ p oʊ t l eɪ /, chih-POAT-lay), [3] often known simply as Chipotle, is an American multinational chain of fast casual restaurants specializing in bowls, tacos, and Mission burritos made to order in front of the customer. [4] [5] [6] As of June 30, 2024, Chipotle has 3,500 restaurants. [7]
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Chipotle isn't the only fast-casual Mexican chain looking to grow bigger this year and beyond. Qdoba , a 755-unit Chipotle rival, announced this past August that it plans to double in size over ...
In August, Chipotle Mexican Grill (NYSE: CMG) announced that its chairman and CEO, Brian Niccol, was leaving the restaurant chain to take a similar role at Starbucks. His six-year tenure was ...
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
The word franchise is of Anglo-French derivation—from franc, meaning 'free'—and is used both as a noun and as a (transitive) verb. [2] For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth ...
All locations are corporate-owned, and the company offers no franchises. In July, The Wall Street Journal reported that Chipotle plans to open 800 new locations in the next several years.
Explore the exciting world of Chipotle Mexican Grill(NYSE: CMG) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market ...
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