| 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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on April 3, 2020 at 5:07 pm
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Chipotle CEO Talks Food Innovation, Bonuses For Workers And More
on April 3, 2020 at 5:06 pm
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Chipotle Mexican Grill Could Retest March Lows
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Chipotle under pressure in New York over coronavirus sick leave
on April 2, 2020 at 10:28 pm
Less than two months after settling with New York City regulators over paid sick leave, Chipotle Mexican Grill Inc is under pressure for its policies amid the coronavirus pandemic. During a press call on Thursday, the chair of the city council's health committee joined Chipotle employees and the union organizing them, SEIU 32BJ, to voice concern that the fast-casual chain's emergency pay policies were not being properly implemented. "We need Chipotle to honor this," City Councilman Mark Levine, who chairs the city's Committee on Health, said of paid sick leave. […]
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Domino’s Pizza, Papa John’s to benefit from coronavirus-related restaurant closures, analysts say
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NYSE: CMG
