Chipotle Franchise Startup Information, Locations, Revenue and Profit
HOW MUCH IS A CHIPOTLE FRANCHISE
Chipotle Mexican Grill is popularly known to offer fresh foods that are made from raw ingredients gotten directly from the farms. The company is the first restaurant chain to switch to non GMO in the year 2015. Chipotle has about 1900 location spread across the United States. Their popularity among consumers is just one of the reasons why a lot of people want to know how much is a Chipotle Mexican Grill franchise
INFORMATION ABOUT THE COMPANY
The company was launched in the 1993 by Steve ells. The first restaurant opened in Denver, Colorado, not too far from the University of Denver. After the successful launch of the company in Denver, Steve opened a second restaurant in 1995 and thereafter continued to grow the chain.
In 1998, McDonalds invested in Chipotle Mexican Grill and this gave the company a boost. Presently they have more than 1900 locations in about 41 states in the country, with an average revenue of about $215 million yearly.
The company utilises more natural meats than any restaurant and the use of natural ingredients is what has adhered most health conscious consumers to them. The company also try as much as possible to hold a good relationship with their host communities; they are involved in all sorts of charity projects that benefit the members of the communities around them.
IS CHIPOTLE A FRANCHISE
With the popularity of the company and the uniqueness of the service they render to the public, a lot of business entrepreneurs have sought information on whether Chipotle Mexican Grill is a franchise. It is quite unfortunate that Chipotle does not offer franchise opportunity presently.
HOW MUCH DOES A CHIPOTLE MEXICAN GRILL FRANCHISE COST
With just some few exceptions, all the 1900 Chipotle Mexican Grill locations are owned by the company. The few franchises available were sold when the company newly launched. The Chipotle Mexican Grill franchise cost can then be considered as the expansion cost that the company incurs and this is borne directly by the company.
CHIPOTLE MEXICAN GRILL BUSINESS OPPORTUNITY
If you have the dream to open a Chipotle Mexican Grill store and this just got crushed by the realisation that the company does not sell franchise, well there is another opening available: you can surely get franchises of restaurants similar to what Chipotle offers. So you don’t have to let your money lie idle in the bank.
CHIPOTLE MEXICAN GRILL FRANCHISE COST
When a new prospect is given the opportunity to buy into any company’s franchise, they are made to pay an initial franchise fee. This fee gives them the license to operate with the franchisor’s brand name. Since Chipotle does not sell franchise opportunities, there isn’t any franchise fee payment to the company.
WHY CHIPOTLE DOESN’T FRANCHISE
Almost every popular restaurant sells franchises, so one will wonder why Chipotle takes an exception. With more than 1900 restaurants and lots of prospective franchisees that are willing to get on board, why hasn’t the restaurant started selling franchise? Well the answer to that might be: The Company has no need to sell.
A statement attributed to the company’s communication director, Chris Arnold goes thus “We want to have a believe that most companies sell franchise opportunities for two reasons, It is either they have the need for more money to expand or they need more hands to operate their restaurants, at Chipotle, we don’t need either”
CHIPOTLE EXPANSION PLAN
Despite the fact that the company has close to 200 location spread across the United States, they still take expansion as one of the goals of the company. The total locations that company has are just a meagre sum compared to other competitors in the industry. So there is a vast work ongoing to get more locations in most parts of the United States.
HOW MUCH DOES A CHIPOTLE FRANCHISE MAKE
There are no Chipotle Franchise owners, so it will be quite difficult to ascertain the average income a franchisee with the company makes. However, an average Chipotle restaurant makes about $200,000 in revenue on a yearly basis.
FRANCHISE ALTERNATIVE AT CHIPOTLE
Since the company does not sell franchises, the accept recommendations for locations. So if you have any suggestion based on this, you can contact them via the company’s website. The public should also be aware that Chipotle Mexican Grill is a member of the NYSE, so if you have the zeal to do business with the company, you can invest in their shares.
HOW TO OPEN A CHIPOTLE FRANCHISE
Well the information in this article has talked about the Chipotle Franchise as not being existent and also the alternative that the company offers. There are no information on how to open a Chipotle Franchise, however the only option available is to take up a career opportunity with the company.
There are always openings in every Chipotle Store. You can forward your application to the nearest one to you. As a staff of the company, you can be so fortunate to work your way to the top. This will give you so much exposure about the Chipotle Restaurant Concept and you can then proceed from there to establish your own business.