Chipotle Mexican Grill, the fast food chain that is 92 percent owned by McDonald’s, announced yesterday that it has filed for an Initial Public Offering, hoping to generate as much as $100 million through the sale of its stock.
There are about 460 Chipotle stores in the US, generating about $470 million in annual revenue.
There are about 460 Chipotle stores in the US, generating about $470 million in annual revenue.
- KC's View:
- We just hope that the company uses some of the cash to open one in southwestern Connecticut…preferably within a mile of MNB World Headquarters.
