Chipotle - A Fast-Casual Restaurant

The Chipotle eating house scope has a over 1,600 locations end-to-end the United States, Canada and Europe; and its still growing. But it didnt scratch off that way. A modern graduate of the Culinary play of America, Steve Ells had a dream to leave his own book eat restaurant. With an $85,000 loan from his novice, Steve undefended the foremost Chipotle in Denver, Colorado in 1993, serving tacos and burritos. He had cause a goal to give away at least a minimum of 100 burritos to grade a profit. He precious to vex enough bills to pay his father confirm and open his restaurant. Within the kickoff month, Chipotle sold over 1,000 burritos a day. The opening of his first Chipotle did actually well.\nThe second store open in 1995 using the silver that the first Chipotle do and did a lot better that the first. To make the restaurant chain bigger, Steve Ells father invested $1.5 one million million into his sons telephone circuit. Afterwards, the board of directors we re created including a business plan, raising an additional $1.8 million for the company. In 1998, the first restaurant outside of Colorado opened in Kansas City, Missouri. And from there, Chipotle was born and Steve Ells became the chief executive officer of Chipotle. Within the nigh cinque years, 16 other Chipotle locations were opened. In 1998, the worlds biggest closely food chain restaurant, McDonalds, started investing in Chipotle. Over the next seven years, McDonalds had invested $350,000,000 into Chipotle, but part ways in 2006 and made double than what they invested in the company. Chipotle restaurants be company-owned, rather than franchise-owned. And every magazine that Steve Ells thinks about opening his fine dining restaurant, he ends up opening three current Chipotles every week or so.\n severally Chipotle restaurant is bizarre because of its squad and the store manager. Each store manager is to get up within and there are times where you might bring forth a surprise inflict from the management team. The Management team is made up of...