franchisedata.io/brands/chipotle
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Chipotle Mexican Grill logo

Chipotle Mexican Grill

Top 500 #7Mexican Fast CasualNYSE: CMG
3,938 Units•HQ: Newport Beach, CA•Est. 1993•Official Website •Verified: Sep 10, 2026 16:43:36 UTC

“Food with Integrity”

Key Institutional Metrics

Verified commercial performance, store unit economics, and official regulatory disclosures

Systemwide SalesANNUAL
$10.2B
↑+8.5% 3-Yr CAGR

Total annual gross sales across all US franchised & company stores combined.

Source: CA DFPI / FDDFY2025
Total Store Fleet
3,938 Units
0% Franchised•100% Company

Standardized brick-and-mortar store count with verified GPS coordinates.

Source: Brand Directory2026
Store Volume (AUV)
$3.05M
Top 25%: $3.95M

Annual average sales for a single mature franchised store location.

Source: FTC Item 192025
Royalty & CapitalITEM 5/6/7
5% Royalty
Ad Fund: 3%

Initial investment: $1.10M – $2.40M.

Source: FDD Item 72025

Executive Intelligence Brief

Official Site

Chipotle Mexican Grill (NYSE: CMG) is a publicly traded enterprise founded in 1993 and headquartered in Newport Beach, CA. Ranked #7 in US restaurant systemwide sales, it stands as a premier flagship in the Mexican Fast Casual category, maintaining a physical footprint of 3,938 store locations (0% franchised). The brand generates an average unit volume (AUV) of $3.12M per store, backed by enterprise in-store technology and multi-platform digital delivery distribution.

Mexican Fast CasualLimited-Service (LSR)0% Franchised
Ownership StructurePublic
HeadquartersNewport Beach, CA
Founded1993 (33 yrs)
Executive LeadershipScott Boatwright
Live Disclosures & Wire1 Active Records
ma rollup2d ago
Chipotle Mexican said to be subject of takeover speculation

Chipotle Mexican said to be subject of takeover speculation. Verified commercial disclosure for Chipotle Mexican Grill.

Source: TradingViewRead on TradingView

Commercial Index

100% VERIFIED
FDD Item 19 Filing Indexed (2025)
Geocoded Locations3,938 Units
POS ArchitectureNCR
Delivery Multi-HomingDoorDash · Uber Eats
SBA Solvency RatingLow Risk (0% default)
API Standardx402 / REST / MCP
View JSON

Three Pillars of Commercial Health

Standardized unit economics based on FDD Item 19 filings and SBA lending solvency benchmarks

Unit Profitability
Tier-1
Average Unit Sales$3.05M
Store EBITDA Margin26.2%
Food & Paper Cost29.1%
Labor Cost Ratio24.2%
Commercial Economics Insight:Industry-leading restaurant-level operating margin (26.2%) driven by Chipotlane digital drive-thru pickup lanes.
System Expansion
+8.5% CAGR
Systemwide Sales$10.2B
Net Additions+285 Units
3-Yr Unit CAGR8.5%
International Share3%
Expansion & Scale Insight:Targeting 7,000 North American units long-term with small-market and suburban Chipotlane locations.
Franchisee Solvency
Low Risk
SBA Default Rate0%
Capital Payback2.1 Yrs
Agreement Term0 Yrs
Renewal Rate100%
Lender Risk & Solvency:Zero franchise debt default risk due to entirely company-operated balance sheet with $1.4B+ cash reserves.

5-Year Performance & Footprint Trend

Historical progression of total units, average unit volume (AUV), and systemwide sales

$2.2M
2020
$2.64M
2021
$2.8M
2022
$3M
2023
$3.12M
2024
2024 Total Fleet3,650 Units
2024 Average AUV$3.12M / yr
2024 System Sales$10.2B

Developer & Agent Endpoint

curl -s "https://franchisedata.io/api/brands/chipotle/locations?limit=25"

Queries up to 50 store locations with GPS coordinates, POS hardware, delivery links, and operational status. Supports ?state=CA, ?city=..., ?zip=..., ?drive_thru=true.