Chipotle to Open 155 to 165 New Restaurants in 2012
February 06, 2012
Denver-based Chipotle Mexican Grill Inc. recently announced plans to open 155 to165 new restaurants locations during 2012. "While this is more restaurants than we've ever opened in a single year, we are confident," said Montgomery Moran, co-CEO of Chipotle, crediting the "quality of what's in the real estate pipeline." In 2011, the fast-casual Mexican food chain opened 150 new restaurants, including one ShopHouse Southeast Asian Kitchen and one Chipotle in London. The company plans to open a second ShopHouse unit in 2012; however, its location has yet to be disclosed. Currently, the company operates approximately 1,230 restaurant locations.
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