Overview

Chipotle Mexican grill, founded in 1993 with over 2,500 locations across the country, is currently operating in the fast-casual, fresh Mexican food market. Serving up burritos, tacos, salads and many more flavorful items, Chipotle prides themselves on using the freshest ingredients in the market. In fact, in 2017 Chipotle became the only national restaurant brand to refrain from using added colors, flavors or preservatives in their food. From 2018-2019, Chipotle saw a 14.8% increase in revenue totaling a revenue of $5.6 billion in 2019. Chipotle usually offers a 15-year lease with rent escalations of 10% every 5 years. The prototypical Chipotle location is approximately 3,000 SF.

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