AlfaTech Big Book-Restaurant and Dining pps21486

R E S TAU R A N T & D I N I N G

CHIPOTLE MEXICAN GRI LL – NATIONAL ROLL -OUT*

CA & CO

Type: Restaurant Size: Approx. 30,000 SF Total (12 locations)

Chipotle Mexican Grill, Inc. is an American chain of fast casual restaurants in the United States. Chipotle is one of the first chains of fast casual dining establishments. Founded by Steve Ells in July 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in the late 90’s. By the time McDonald's fully divested itself from Chipotle in 2006, the chain had grown to over 500 locations. 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 2017. The locations we were involved with were primarily in Colorado and California.