| Price Range 12mo avg: | $2M – $2.9M |
|---|---|
| $/sf 12mo avg: | $954.63 |
| CAP Rate 12mo avg: | 5.63% |
| NOI average: | $99,000 |
| Lease Terms: | 12yrs NN |
| Building Size avg: | 2,250 SF |
| Lot Size avg: | 1+/- acres |
Chipotle Mexican Grill, Inc. and its subsidiaries (“Chipotle”, the “Company”, or “we”) operate Chipotle Mexican Grill restaurants, which serve a focused menu of burritos, tacos, burrito bowls and salads, made using fresh ingredients. As of December 31, 2014, Chipotle operated 1,755 Chipotle restaurants throughout the United States, as well as seven in Canada, six in England, three in France, and one in Germany. Additionally, Chipotle restaurants include nine ShopHouse Southeast Asian Kitchen restaurants, serving Asian-inspired cuisine, and the company is an investor in a consolidated entity that owns and operates two Pizzeria Locale restaurants, a fast casual pizza concept, resulting in a total of 1,783 restaurants as of December 31, 2014. The company focus on trying to find the highest quality ingredients they can to make great tasting food; on building a special people culture that is centered on creating a team of top performers empowered to achieve high standards; on building restaurants that are operationally efficient and aesthetically pleasing; and on doing all of this with increasing awareness and respect for the environment. Chipotle have grown substantially over the past five years, and expects to open between 190 and 205 additional restaurants in 2015, including a small number of ShopHouse and Pizzeria Locale restaurants.
Chipotle’s vision is to change the way people think about and eat fast food. The company do this by avoiding a formulaic approach when creating their restaurant experience, looking to fine-dining restaurants for inspiration. Chipotle use high-quality raw ingredients, classic cooking methods and a distinctive interior design and have friendly people to take care of each customer — features that are more frequently found in the world of fine dining. The company approach is also guided by their belief in an idea they call “Food With Integrity.” Their objective is to find the highest quality ingredients they can — ingredients that are grown or raised with respect for the environment, animals and people who grow or raise the food.
| S&P Credit Rating: | N/A |
|---|---|
| Moody’s Credit Rating: | N/A |
| Annual Revenue 2014: | $4.11B |
| Annual Revenue 2013: | $3.21B |
| Revenue Growth: | ↑ 16.8% from 2013 |
| Net Income | $445M |
| Units (Dec. 2014) | 1,783 |
| Average Units Volume: | $2.304M |
Yahoo! Finance: CMG News Latest Financial News for CMG
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Chipotle Rolls Out New Drive-Thrus, But They’re Not What You’re Expecting
on May 25, 2018 at 12:08 am
Five new Chipotle locations across the country have adopted drive-thrus, but they are not your typical fast-food lanes. […]
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Brown, at his last Sacramento Host Breakfast, says colleges should be more like Chipotle
on May 24, 2018 at 8:06 pm
As the fast-casual restaurant chain prepares to move its headquarters to the California, Gov. Jerry Brown says colleges should look to Chipotle's menu as a model. […]
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Big Restaurant Brands Dive Into Grubhub Era Of Delivery Rivalry
on May 24, 2018 at 3:19 pm
McDonald's, Chipotle and other top restaurant chains are expanding into home delivery services as e-commerce reduces their traffic. But revenue-sharing with the likes of Uber Eats and Grubhub, as well as execution issues, make this shift a dicey proposition. […]
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Chipotle is adding drive-thru lanes, but you can't order food at them
on May 24, 2018 at 3:03 pm
Chipotle Mexican Grill is systematically adding drive-thru lanes to some of its new locations, but you won't be able to place an order at any of them. […]
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Here's what's likely behind Chipotle's decision to leave Denver
on May 23, 2018 at 9:00 pm
Twenty-five years after its founding near the University of Denver and just six months after announcing it had signed a lease to consolidate its disparate Denver corporate employees in a headquarters in a new downtown skyscraper, Chipotle Mexican Grill (NYSE: CMG) is leaving its hometown to locate near the home of its new CEO. On Wednesday, America’s 14th-largest quick-service restaurant chain — and the eatery that’s been given credit for making Denver a national incubator of fast-casual concepts — announced it would clear all of its corporate employees out of Colorado in the next six months, moving them to its new headquarters in Newport Beach, California and to an existing office in Columbus, Ohio. The company similarly will be shutting down its office in New York. […]
NYSE: CMG
