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Chipotle Mexican Grill.
| Type | Public |
|---|---|
| Founder | Steve Ells |
| Headquarters | 610 Newport Center Drive, Newport Beach, California, U.S. |
| Number of locations | 3,000 (2022) |
How did Chipotle get started?
To others it tastes like soap. And now Chipotle is bringing both sides together. Chipotle launched a $8 Cilantro Soap bar, made of organic oils and coriander essential oil — and it's already sold out a day after launch.
How to win free Chipotle for a year?
SHARE YOUR CHIPOTLE #FARMTOFOIL SPEEDRUN TO WIN FREE CHIPOTLE FOR A YEAR
- Gather fresh ingredients on the farm and load the truck
- Deliver the fresh ingredients to Chipotle and prepare your burrito in the kitchen
- Cruise home on ziplines and a hoverboard - as fast as you can to eat
- Don't forget to keep your eyes peeled for surprises
Is Chipotle actually good?
Wrong. A data crunch by the New York Times reveals that most people’s orders at Chipotle are actually not very good for you. In fact, they can be downright unhealthy. Get push notifications with news, features and more.
Where is the original Chipotle located?
Chipotle Mexican Grill
- From This Business. Order online & pickup in-store.
- Menu
- Review Highlights. “ Steve Ells, you complete me.
- Location & Hours
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When did Chipotle Open in San Francisco?
1993In 1993, Ells took what he learned in San Francisco and opened the first Chipotle restaurant in Denver, Colorado, near the University of Denver campus with an $85,000 loan from his father.Dec 6, 2019
What day was the first Chipotle open?
July 13, 1993, Denver, COChipotle Mexican Grill / Founded
How many Chipotle are there in California?
The state with the most number of Chipotle locations in the US is California, with 443 locations, which is 15% of all Chipotle locations in America.
Is Chipotle based in California?
Chipotle Announces Plans For New Headquarters In Southern California To Fuel Growth - May 23, 2018. DENVER, May 23, 2018 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today its plans to relocate its headquarters, currently in Denver, Colorado, to Newport Beach, California.May 23, 2018
What date did Chipotle go public?
January 2006The fast-casual chain, with its speedy assembly-line approach and a "food with integrity" mantra that seemed ages ahead of its time, was a savory IPO. Chipotle went public at $22 in January 2006, and its share price doubled by the end of its first day of trading.Mar 4, 2021
What day did Chipotle go public?
Jan 26, 2006Chipotle Mexican Grill is registered under the ticker NYSE:CMG . Their stock opened with $22.00 in its Jan 26, 2006 IPO.
Is Chipotle actually Mexican?
After some research about the company, I came to the conclusion that although Chipotle doesn't offer “real” Mexican food, it is a company that effectively connects its business and operating models to create value for its customers and stakeholders.Dec 9, 2015
Who founded Chipotle?
Steve EllsChipotle Mexican Grill / FounderSteve Ells is an American businessman. He is the founder, former CEO, and former Executive Chairman of Chipotle Mexican Grill. Ells founded Chipotle in 1993, and under his direction, the chain serves what it describes as "naturally raised meat" and promotes sustainable agriculture. Wikipedia
Does Mcdonalds own Chipotle?
While the Golden Arches initially took only a minority stake, by the time Chipotle went public in 2006, McDonald's owned more than 90% of the company. McDonald's no longer owns any shares of Chipotle (something it must also now regret), but the impact on Ells' ownership stake was permanent.Jul 22, 2014
How did Chipotle start?
In 1993, Chipotle's CEO Steve Ells opened a small burrito shop in Colorado, a low-risk investment, as a way to fund his own fine-dining restaurant. The first Chipotle Mexican Grill opened in Denver in July 1993 in a remodeled ice cream shop.Nov 29, 2017
Where is Chipotle originally from?
Denver, COChipotle Mexican Grill / Place founded
When did McDonald's buy Chipotle?
It might seem strange considering what different types of food they serve, despite being under the same fast-food umbrella. But back in 1998, McDonald's did purchase an investment in the then–brand new business that was Chipotle.Jan 24, 2020
The History of Chipotle Mexican Grill
Chipotle Mexican Grill was founded by Steve Ells in 1993 and is based in Denver, Colorado. The name Chipotle derives from the Nahuatl/Mexican name for a smoked, dried jalapeño chili pepper.
Chipotle Mexican Grill - statistics & facts | Statista
Chipotle Mexican Grill is a fast-casual Mexican restaurant chain founded by Steve Ells in 1993. The first Chipotle restaurant was opened in Denver, Colorado, where the company was headquartered ...
Chipotle Mexican Grill Menu and Prices - Menu With Price
Recently updated prices for entire Chipotle Mexican Grill menu. Taste perfect burrito, bowls, corn tacos, and salads. Don't miss all of the delicacies.
Chipotle Mission and Vision Statement Analysis
Chipotle mission and vision statements help define what the company is working towards and how it remains to be one of the most successful companies in the world. Read on for a breakdown of the company's mission and vision statements and its core values.
Where did chipotle come from?
He is an experienced entrepreneur who has trained individuals to become Certified Franchise Consultants. Chipotle Mexican Grill was founded by Steve Ells in 1993 and is based in Denver, Colorado. The name Chipotle derives from the Nahuatl/Mexican name ...
How many burritos did the original Chipotle sell?
Ells and his father calculated that the store would need to sell 107 burritos per day in order to be profitable; however, after one month, the original restaurant was selling over 1,000 burritos a day. Ells had originally planned to use funds from the first Chipotle to open a fine-dining restaurant but instead focused on Chipotle Mexican Grill ...
Where is chipotle Mexican Grill?
Updated December 06, 2019. Chipotle Mexican Grill was founded by Steve Ells in 1993 and is based in Denver, Colorado. The name Chipotle derives from the Nahuatl/Mexican name for a smoked, dried jalapeño chili pepper.
When did McDonald's divest from Chipotle?
In October 2006, McDonald's fully divested from Chipotle. This was part of a larger initiative for McDonald's to divest all of its non-core business restaurants, including Chipotle, Donatos Pizza, and Boston Market, so that it could squarely focus on the main McDonald's chain.
Is chipotle testing its food?
Chipotle also said the company is expanding testing of key ingredients, examining all of its food-safety procedures to find other opportunities for improvement , and is working with two renowned food safety scientists to assess all of its food safety programs, from the farms that provide its food to its restaurants.
Does chipotle franchise?
Chipotle does not franchise its business , considering retaining ownership of all its locations central to its ability to set the tone for employee culture, as well as to maintain its commitment to sustainable ingredients.
Where was the first chipotle?
The first Chipotle, near the campus of the University of Denver. Founder Steve Ells attended the Culinary Institute of America in Hyde Park, New York. Afterward, he became a line cook for Jeremiah Tower at Stars in San Francisco. There, Ells observed the popularity of the taquerías and San Francisco burritos in the Mission District.
When did the second chipotle open?
The second store opened in 1995 using Chipotle's cash flow, and the third was opened using an SBA loan. To fund more growth, Ells' father invested $1.5 million. Afterwards, Ells created a board of directors and business plan, raising an additional $1.8 million for the company.
What is chipotle restaurant?
Chipotle Mexican Grill, Inc. ( / tʃɪˈpoʊtleɪ /, chih-POHT-lay ), often known simply as Chipotle, is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission burritos that are made to order in front of the customer.
What was the outbreak in 2008?
April 2008 norovirus outbreak. In 2008, Chipotle was implicated in a norovirus outbreak in Kent, Ohio, where over 400 people became ill after eating at a Chipotle restaurant. Officials at the Ohio Department of Health said that the outbreak was caused by Norovirus Genotype G2.
How many calories are in a chipotle burrito?
In 2003, a Center for Science in the Public Interest report stated that Chipotle's burritos contain over 1,000 calories, which is nearly equivalent to two meals' worth of food. MSNBC Health.com placed the burritos on their list of the "20 Worst Foods in America" because of their high caloric content and high sodium. When a burrito with carnitas, rice, vegetables, cheese, guacamole, and salsa was compared with a typical Big Mac, the burrito had more fat, cholesterol, carbohydrates, and sodium than the Big Mac, but it also had more protein and fiber. The restaurant has also received praise – Health.com included the restaurant in its list of the "Healthiest Fast Food Restaurants".
Why did chipotle close?
On February 8, 2016, Chipotle closed all of its eateries nationwide for a few hours during the morning for an all-staff meeting on food safety. The company hired a new head of food safety, who instituted changes including having all employees wash hands every half hour, having two employees verify that produce like onions, jalapeños and avocados have been immersed in hot water for five seconds to kill germs on their exteriors, and using Pascalization to pre-treat food ingredients.
What caused the Salmonella outbreak in Minnesota?
The Minnesota Department of Health reported that samples from 45 victims were tested and found that their illness was caused by the Salmonella Newport bacterium as determined by DNA profiling. Later, the state officials reported that the total of persons who became infected was increased to 64 and the number Chipotle locations in which they had acquired the bacterium was increased to 22, all located within the state of Minnesota.
How many chipotle stores were opened in 2002?
About 55 more Chipotles opened in 2002 and another 70 the following year, bringing the total to 300.
When did the second chipotle open?
The second store opened in 1995 using Chipotle's cash flow, and the third was opened using an SBA loan.
How many stores did chipotle have in 2004?
By late 2004, with the store count nearing 400 , nothing appeared to be slowing Chipotle's remarkable growth.
Did McDonald's sell chipotle?
Late in 2003 McDonald's announced, contrary to earlier rumors, that it would sell neither Chipotle nor Boston Market, both of which were operating in the black it soon sold Donatos Pizza, however . Chipotle remained a major growth avenue for McDonald's.
When did chipotle start?
"When I created Chipotle in 1993, I had a very simple idea: Offer a simple menu of great food prepared fresh each day, using many of the same cooking techniques as gourmet restaurants. Then serve the food quickly, in a cool atmosphere. It was food that I wanted, and thought others would like too. We've never strayed from that original idea. The critics raved and customers began lining up at my tiny burrito joint. Since then, we've opened a few more." --Steve Ells, founder and CEO
How many chipotle stores were opened in 2002?
About 55 more Chipotles opened in 2002 and another 70 the following year, bringing the total to 300. As it celebrated its tenth anniversary, Chipotle ranked as one of the fastest-growing restaurant chains in the country. The chain entered the Las Vegas, Atlanta, and New York markets, among others, in 2003, by which time Technomic estimated revenues at $321 million. Same-unit sales (that is, sales at units open more than one year) were growing at an impressive rate of 20 percent per year. Late in 2003 McDonald's announced, contrary to earlier rumors, that it would sell neither Chipotle nor Boston Market, both of which were operating in the black (it soon sold Donatos Pizza, however). Chipotle remained a major growth avenue for McDonald's.
How much did chipotle raise the price of pork burritos?
To use the higher-end and higher-priced product, Chipotle had to raise the price of its pork burritos by more than $1, to $5.50, but sales hardly suffered. Ells told Nation's Restaurant News in July 2001 that "our customers can't get enough of the new recipe. ...
How much did McDonald's stake in chipotle in 1999?
Revenues for the year totaled approximately $31 million, compared to $13 million for 1997. McDonald's increased its stake in Chipotle to more than 50 percent in 1999 and would later bump its ownership interest to 90 percent.
How many workers did chipotle employ?
Whereas the first Chipotle was a cramped 800 square feet in size, the subsequent units covered 1,600 to 2,800 square feet, and they employed about 17 workers each. Although the design differed from unit to unit, the architecture aimed for a hip, urban feel.
How many outlets does chipotle have?
Chipotle Mexican Grill, Inc. is one of the leading fast-casual Mexican restaurant chains, with approximately 400 outlets in about 20 states, mainly in the West and Midwest. Known for its fresh, gourmet, and increasingly organic ingredients, Chipotle (pronounced chi-POAT-lay) offers a fairly simple menu of burritos, fajitas, ...
When did chipotle open in Denver?
As six more Chipotle Mexican Grills opened in the Denver area during 1997 , bringing the total to 14, Ells and other company leaders were seeking more funding to accelerate the growth rate. Venture capital firms were more interested in the high-flying tech world at the time, so a member of the Chipotle board of directors sent an unsolicited business plan to fast-food leader McDonald's Corporation. The timing was perfect. Domestic sales were flattening at the burger giant, and executives were seeking a way to jump-start growth. In February 1998, after a year of negotiations and due diligence, McDonald's made its first-ever investment in a restaurant chain it did not itself develop, buying a minority stake in Chipotle. (Later, it bought the Boston Market chain and owned the Donatos Pizza chain for a few years.) Chipotle continued to be run independently, headed by Ells as CEO, and neither its management structure nor its menu changed. Growth would continue to be generated through company-owned outlets--now with the backing of much deeper pockets--but there was the clear potential for franchising, eventually, through McDonald's system of franchisees.
Where was the original chipotle located?
The original Chipotle location opened in the former Dolly Madison ice cream shop on East Evans Avenue across from the University of Denver, where founder, chairman and CEO Steve Ells himself prepared delicious food and served the very first Chipotle customers.
When did chipotle reopen?
Chipotle Reopens Doors to Restaurant No. 1 Following First Renovation in 24 Years. The first-ever Chipotle opened in 1993 across from the University of Denver, where founder and CEO Steve Ells first started serving burritos inspired by San Francisco Mission District.
What is chipotle food?
Steve Ells, Founder, Chairman and CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls, and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in an interactive style allowing people to get exactly what they want. Chipotle seeks out extraordinary ingredients that are not only fresh, but that are raised responsibly, with respect for the animals, land, and people who produce them. Chipotle prepares its food using real, whole ingredients, and is the only national restaurant brand that prepares its food using no added colors, flavors or other industrial additives typically found in fast food. Chipotle opened with a single restaurant in Denver in 1993 and now operates more than 2,300 restaurants. For more information, visit Chipotle.com.
How many restaurants does chipotle have?
Chipotle opened with a single restaurant in Denver in 1993 and now operates more than 2,300 restaurants.
Is there a chipotle in Denver?
DENVER -- (BUSINESS WIRE)--Sep. 7, 2017-- Chipotle Mexican Grill (NYSE: CMG) has re opened its doors today to the first-ever Chipotle restaurant in its hometown of Denver following a summer long renovation. The original Chipotle location opened in the former Dolly Madison ice cream shop on East Evans Avenue across from the University of Denver, where founder, chairman and CEO Steve Ells himself prepared delicious food and served the very first Chipotle customers.
Where did Chipotle start?
Chipotle’s original concept was modeled on burrito shops and taquerias that Ells ate at while working at Stars restaurant in San Francisco. While the Mission District in San Francisco was filled with these shops Colorado wasn’t. Ells opened up his first location in Denver in July 1993 after remodeling an ice cream store near the University ...
When did chipotle go public?
Chipotle went public in January 2006, opening at $45 and closing at $44 on its first day of trading, double its initial public offering price of $22 at the New York Stock Exchange. Shares of the company, which rose to a high near $150 in mid-2007, slipped in 2008, to a low of $36.86, according to FactSet data.
Where is Chipotle Mexican Grill?
The CEO of Chipotle Mexican Grill was working as a chef in San Francisco and trying to find a way to fund his own fine-dining restaurant. So, he decided to open up a small burrito shop in Colorado, a low-risk investment, that could provide the capital for the restaurant he really wanted to run. “This was going to be one restaurant,” Ells said on ...
What caused the E. coli outbreak at Chipotle?
coli outbreak, although some suspected it was either tainted beef or improperly handled vegetables. As for the norovirus outbreak, it was speculated that either an employee at Chipotle or a patron spread the sickness.
When did Chipotle open a burrito shop?
In 1993, Chipotle’s CEO Steve Ells opened a small burrito shop in Colorado, a low-risk investment, as a way to fund his own fine-dining restaurant.
Is Chipotle looking for a new CEO?
On Wednesday, the burrito chain said it’s begun to search for a new CEO, with Ells stepping down from the post.
Did McDonald's invest in chipotle?
Ells continued to open new restaurants, using capital, at first, from his father and small business loans. In 1998, Mc Donald’s became an investor in Chipotle. Over the course of about seven years, the Golden Arches poured more than $360 million into the company, allowing Ells to expand further.
When did chipotle open?
The first Chipotle opened July 13, 1993, on East Evans Avenue. Anthony Camera
Who was the original cook at chipotle?
Steve Ells in the original kitchen when Chipotle turned twenty.
What was the difference between taco bell and chipotle?
Under Niccol, Taco Bell embraced its place with late-night eaters who are either stoned or have the drunk munchies, and that made it cool. Chipotle was a different kind of cool: It was a guns-blazing, countercultural force bent on standing its ground and sticking up for itself.
What are the new items on the chipotle menu?
At the end of June, Chipotle announced five new menu items: quesadillas ( which have long been secretly available, by the way), nachos, Mexican chocolate milkshakes, avocado tostadas, and a salad with avocado-citrus dressing. At the test kitchen, the company has experimented with frozen margaritas, quinoa and mole.
What did Chipotle do for Denver?
Chipotle did something else for Denver: It gave this city a point of pride.
Where is chipotle headquarters?
Which is why all the news out of Chipotle over the past few years, culminating with the homegrown company moving its corporate headquarters out of the Mile High City to Newport Beach, stings so badly.
Was chipotle cool in the 90s?
It might be hard to remember now, especially if you weren’t hanging out in Denver much in the ’90s, but back when it was a scrappy startup, funded by a loan from Ells’s dad and run by a bunch of fun-seeking restaurant people, Chipotle was cool. The decor scheme looked like it’d been dreamed up by an edgy friend who lived in an illegal industrial loft. The restaurant served portion sizes that encouraged eating contests — and salsa that allowed fire-breathers to prove their hard-core spice thresholds to friends. The soundtrack was built on tunes by indie rockers, handpicked for years by an early employee who was really into music. And the advertising was jaw-dropping: Somewhere in my closet, I still have an official Chipotle T-shirt from those early days that bears the tagline “Usually when you roll something this good, it’s illegal,” a prescient wink to the core Denver constituency.
Humble Beginnings
McDonald's Investment
- In 1998, McDonald'smade an initial minority investment in the company. By 2001, the company had grown to become Chipotle's largest investor. McDonald's investment allowed the firm to quickly expand from 16 restaurants in 1998 to over 500 stores by 2005. In October 2006, McDonald's fully divested from Chipotle. This was part of a larger initiative for McDonald's to div…
E-Coli Outbreaks
- In late 2015, there was a series of E-coli outbreaks at various Chipotle Mexican Grill restaurants, including 11 Chipotle restaurants in Washington and Oregon. The Centers for Disease Control and Prevention (CDC) reduced the number of cases connected to Chipotle from 50 to 37 cases on November 18, 2015 (with 24 in Washington and 13 in Oregon). This reduction of nearly 25% was …
Executive Changes
- In November 2017, founder and CEO Steve Ells announced he would be stepping down from his position. In March of 2018, Ells was replaced by Taco Bell CEO Brian Niccol, although Ells will continue to hold his position as chairman. Chipotle's (NYSE: CMG) stock price went up over 12% upon the announcement of the change in leadership. Although in November 2018, CMG is tradin…
Overview
Chipotle Mexican Grill, Inc. , often known simply as Chipotle, is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission burritos that are made to order in front of the customer. Its name derives from chipotle, the Nahuatl name for a smoked and dried jalapeño chili pepper.
History
Founder Steve Ells attended the Culinary Institute of America in Hyde Park, New York. Afterward, he became a line cook for Jeremiah Tower at Stars in San Francisco. There, Ells observed the popularity of the taquerías and San Francisco burritos in the Mission District. In 1993, Ells took what he learned in San Francisco and opened the first Chipotle Mexican Grill in Denver, Colorado, in a f…
International
According to an article in The Motley Fool, Chipotle had 17 locations outside of the United States by October 2014 with the majority in Canada, and the UK was in the process of opening more locations. The rate of overseas expansion was slower than expected. Many of the press reviewers thought that the food was overpriced for their area.
Corporate management
Chipotle's team includes a residing corporate office of managers and its board of directors. Members of both teams are appointed to serve on committees: audit, compensation, and nominating and corporate governance.
The top management team consisted of the chief executive officer, Steve Ells; the chief financial officer, Jack R. Hartung; the chief marketing and development officer, Mark Crumpacker. The cu…
Menu
Chipotle's menu consists of five items: burritos, bowls, tacos, quesadillas, and salads. The price of each item is based on the choice of chicken, pork carnitas, barbacoa, steak, tofu-based "sofritas", or vegetarian (with guacamole or queso , which would be at an extra charge otherwise). Additional optional toppings are offered free of charge, including: rice, beans, four types of salsa, sour cream, c…
Food safety
Since 2008, a former Kansas State University food safety professor has accused Chipotle of confusing the public by using such terms as "naturally raised meats", "organic ingredients", and "locally sourced" and trying to equate those terms with food safety. In rebuttal, a Chipotle spokesperson told The Daily Beast that "all of our practices have always been very much within industry norms. It's importan…
Data breach
In April 2017, Chipotle first announced that their point of sale payment system was compromised during a three-week period from late March to mid-April but gave very little information about the incident. The following month, the company later revealed that 2,250 restaurants in 47 states were involved which could potentially affect hundreds of thousands of customers who may had their credit or debit card account information with security codes stolen. A few restaurants in Ca…
Lawsuits
In November 2016, three men filed a class-action lawsuit against Chipotle alleging that a burrito was listed as containing only 300 calories, when in fact it contained more. They are seeking "unspecified damages and for an injunction against the company to prevent it from posting what it calls misleading information on its food."
In January 2020 the company received a $1.3 million fine from the state of Massachusetts for 1…