How long has chipotle been around

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These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. And word spread pretty quickly. And students got back to campus in September. And so that helped business a little bit.

Within the first few months of being open, Ells said that the restaurant was profitable and he was able to repay his father's loan.

While Ells was still keen on opening his full-service restaurant, the demand at Chipotle continued to grow and a year and a half after opening his first restaurant, he opened a second one in Denver. A third location, also in Denver, was opened in By , Chipotle would have nearly 2, locations. Ells continued to open new restaurants, using capital, at first, from his father and small business loans. In , McDonald's became an investor in Chipotle.

By , McDonald's was the majority shareholder. However, in , when Chipotle geared up for its initial public offering, McDonald's divested. This move was part of the burger giant's larger effort to distance itself from all non-core business restaurants, including Boston Market.