With more than 2,000 locations, Chipotle had a net income of US$475.6 million and a staff of more than 45,000 employees in 2015. By the time McDonald's fully divested itself from Chipotle in 2006, the chain had grown to over 500 locations. Founded by Steve Ells on July 13, 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998. Ĭhipotle was one of the first chains of fast casual dining establishments. Its name derives from chipotle, the Nahuatl name for a smoked and dried jalapeño chili pepper. Chipotle operates restaurants in the United States, United Kingdom, Canada, Germany, and France. ( / tʃ ɪ ˈ p oʊ t l eɪ/, chih- POHT-lay), often known simply as Chipotle, is an American chain of fast casual restaurants specializing in bowls, tacos and Mission burritos made to order in front of the customer.
