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Chipotle Mexican Grill (LTS:0HXW) Company Operated Sales (USD Mil) : 0.00 (As of . 20)


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What is Chipotle Mexican Grill Company Operated Sales (USD Mil)?

Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.

In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.

The historical rank and industry rank for Chipotle Mexican Grill's Company Operated Sales (USD Mil) or its related term are showing as below:

LTS:0HXW's Company Operated Sales (USD Mil) is not ranked *
in the Restaurants industry.
Industry Median:
* Ranked among companies with meaningful Company Operated Sales (USD Mil) only.

Chipotle Mexican Grill Company Operated Sales (USD Mil) Historical Data

The historical data trend for Chipotle Mexican Grill's Company Operated Sales (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chipotle Mexican Grill Company Operated Sales (USD Mil) Chart



Chipotle Mexican Grill  (LTS:0HXW) Company Operated Sales (USD Mil) Explanation

Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.

In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.

One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.


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Chipotle Mexican Grill (LTS:0HXW) Business Description

Traded in Other Exchanges
Address
610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Chipotle Mexican Grill (LTS:0HXW) Headlines

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