Chipotle Mexican Grill, Inc. (/tʃɪˈpoʊtleɪ/, chih-POHT-lay),[3] often known simply as Chipotle, is an international 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 March 2023, Chipotle has 3,200 restaurants.[7] Its name derives from chipotle, the Nahuatl name (from chilpoctli) for a smoked and dried jalapeño chili pepper.[8][9]
Chipotle was one of the first chains of fast casual dining establishments.[10] Founded by Steve Ells on July 13, 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998. By the time McDonald's fully divested itself from Chipotle in 2006, the chain had grown to over 500 locations.[11] With more than 2,000 locations, Chipotle had a net income of US$475.6 million and a staff of more than 45,000 employees in 2015.[12]
In May 2018, Chipotle announced the relocation of their corporate headquarters to Newport Beach, California, in Southern California, leaving Denver after 25 years.
^Shambora, Jessica (October 9, 2010). "Chipotle Mexican Grill, Inc. (CMG)". CNNMoney. Retrieved October 13, 2010.
^"US SEC: Form 10-K Chipotle Mexican Grill, Inc". U.S. Securities and Exchange Commission. February 8, 2024.
^Cite error: The named reference barnes was invoked but never defined (see the help page).
^Birdsall, John (October 11, 2016). "The Story of the Mission Burrito, Piled High and Rolled Tight". Bon Appetit. Retrieved January 9, 2018.
^Montgomery, Kevin. "Chipotle's Roots in the Mission". Uptown Almanac. Archived from the original on April 4, 2017. Retrieved January 9, 2018.
^Cite error: The named reference lexpress-2012may31 was invoked but never defined (see the help page).
^"CHIPOTLE ACCELERATES INTERNATIONAL EXPANSION THROUGH FIRST-EVER DEVELOPMENT AGREEMENT WITH ALSHAYA GROUP IN MIDDLE EAST - Jul 18, 2023". www.chipotle.com. Retrieved March 14, 2024.
^"Online Etymology Dictionary". etymonline.com. Retrieved June 3, 2015.
^Forgrieve, Janet (January 27, 2006). "Founder shines as shares hit $45.1 million". Rocky Mountain News. Archived from the original on July 5, 2007. Retrieved December 15, 2009.
^Jennings, Lisa (July 17, 2006). "Mexican fast-casual chains revamp offerings as parents mull spinoffs". Nations Restaurant News. Archived from the original on July 14, 2012. Retrieved April 2, 2009.
^Brand, Rachel (December 23, 2006). "Chipotle founder had big dreams". Rocky Mountain News. Archived from the original on April 3, 2008. Retrieved June 28, 2008.
^"Chipotle Mexican Grill, Inc. Announces Fourth Quarter and Full Year 2015 Results; CDC Investigation Over; Chipotle Welcomes Customers Back to Restaurants". Denver, CO: Chipotle Mexican Grill. February 2, 2016. Archived from the original on February 4, 2016. Retrieved March 8, 2016.
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school districts and chain restaurants, such as McDonald's and ChipotleMexicanGrill. Taylor Farms was established by Bruce Taylor, a third-generation...
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Juice Burger King California Pizza Kitchen Carl's Jr. Chick-fil-A ChipotleMexicanGrill Church's Texas Chicken Cinnabon Dairy Queen Domino's Pizza Dunkin'...
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Farmed and Dangerous is a four-part webisode comedy series from ChipotleMexicanGrill that was released across 4 webisodes in February and March 2014...
tortilla-based dishes Mexican breads Mexican street food New Mexican cuisine Sopaipilla (not typical in Mexico, but common in New Mexico) Tex-Mex "Mexico City's best...
its Don Pablo's Mexican restaurant division. Until recently, Apple South was the largest franchisee of Applebee's Neighborhood Grill & Bar restaurants...
Dining options include Applebee's, Pizza Ranch, Noodles & Company, ChipotleMexicanGrill, Chilly Billy's Frozen Yogurt, and many more. The mall opened in...
USA Today if the company could get a valuation close to that of ChipotleMexicanGrill, he might reconsider his stance. However, in an interview with The...
along an assembly line, and has been called an Italian copycat of ChipotleMexicanGrill. Chris Doody, owner of the company, is a co-founder of the Bravo...
food by buying a 9.9% stake in ChipotleMexicanGrill. As of March 2018, Pershing Square held a 10.3% stake in Chipotle. In 2018, Ackman dumped $500 million...
Miscellaneous" category. Tinx released a "Tinx bowl" in collaboration with ChipotleMexicanGrill in the United States and a smoothie at Erewhon Market. In April...
Global Information
US$9.87 billion (2023)
US$1.56 billion (2023)