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Have you ever dreamed about owning a Chipotle Mexican Grill or Buffalo Wild Wings restaurant? A good old fashioned Mc Donald´s , perhaps? The idea is temting, but given the huge start-up costs ...
When asked in 2007 about expanding the menu, Steve Ells said, "[I]t's important to keep the menu focused, because if you just do a few things, you can ensure that you do them better than anybody else." [120] Chipotle also offers a children's menu. [121] [122] Most restaurants sell beer and margaritas in addition to soft drinks and fruit drinks ...
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
Customers dining and ordering at a (now Chipotle) Soul Daddy outlet in South Street Seaport, Manhattan, N.Y. in 2011. A fast casual restaurant, found primarily in the United States and Canada, is a restaurant that does not offer full table service, but advertises higher quality food than fast-food restaurants, with fewer frozen or processed ingredients.
The leadership team believes that Chipotle can have 7,000 stores one day in North America, roughly doubling its existing footprint. After opening about 300 net new stores this year, they plan to ...
Chipotle Mexican Grill (NYSE: CMG) has been a wonderful business for investors. In the past five years, share prices of the thriving Tex-Mex restaurant chain have risen 298%. That gain crushes the ...
A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]
If you apply between P/E multiples of 40 to 60 to my 2030 projected earnings for Chipotle, that gets a forecast stock price of between $130 and $195, with a midpoint of $162.50.
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