Gourmet Mexican fast-food chain.
1401 Wynkoop St., Suite 500
Denver, CO 80202
Co-CEOs: Steve Ells and Montgomery Moran
Stock Symbol: CMG
Chipotle is a fast-growing chain of Mexican fast-food restaurants offering high-quality ingredients including beans, rice and vegetables and naturally-raised meats including pork, chicken and beef in burritos, burrito bowls, tacos and salads. There are now 1,230 restaurants nationwide and in Canada and England.
Chipotle reported revenues of $2.27 billion in 2010, a 23.6% increase, and net income of $214.9 million.
Chipotle promotes its quality ingredients as Food With Integrity. It finds organic and local produce and farms that treat animals with respect and dignity.
The company expects to open 155-165 restaurants in 2012.
Chipotle opened Shophouse in Washington, DC in 2011, a test of an Asian-restaurant concept that could expand in upcoming years.
Steve Ells founded Chipotle in 1993 offering a simple menu of great food prepared fresh every day. The idea was simple: demonstrate that food served fast didn't have to be a "fast-food" experience.
Prior to launching Chipotle, Mr. Ells worked for two years at Stars restaurant in San Francisco. Mr. Ells graduated from the University of Colorado with a Bachelor of Arts degree in art history. He is also a 1990 Culinary Institute of America graduate.
McDonald's first invested in Chipotle in 1998.
The company went public in a January, 2006 IPO and was spun off from McDonald's corporation.
Here are benefits for restaurant employees:
· Limited Medical, Rx, Dental, and Vision Benefits*
· Paid vacation***
· Bi-annual merit increase***
· Closed New Years, Easter, Thanksgiving, and Christmas
· Referral bonuses
· Yearly bonus***
· Direct deposit
· Free meals
· Free t-shirts
*Employer contribution after one year
**Employer match after one year
***For those who qualify
Updated March 8, 2012