Does McDonald's own Chipotle Mexican Grill?
The fast food giants have been trying to outsource their business in recent years, and there have been a few instances where they’ve lost control. However, none of these deals are quite like the one between the two brands. In 2005, McDonald’s bought the rights to use the chipotle name, logo, and recipes for a reported $40 million (or about $65 million today). The deal marks the first time in the company’s history that they’ve
Does McDonald's own Chipotle Mexican Grill in Japan?
While it seems likely that the restaurant would want to have a presence in Japan, the company does not actually own the brand, and chipotle is actually a North American company. Though it does have licensing agreements with a number of locations in Japan, this does not mean that Chipotle has any official presence throughout the country.
Does McDonald's own Chipotle Mexican Grill in Japan
Chipotle Mexican Grill has not opened a single location in Japan. A spokesman for the company tells us that they’ve looked into it and have yet to find a location that makes economic sense. That’s not to say the idea hasn’t been floated, though. The official company line is that the Japanese market simply isn’t big enough to make it work.
Does McDonald's own Chipotle Mexican food?
The quick answer is no. While McDonald's does license the use of the name Chipotle Mexican Grill to some of its franchisees, it does not actually own the intellectual property. Chipotle Mexican Grill is a spinoff of a well-loved, small, family-owned Mexican restaurant called Quesarito that opened in 2001. It was partly the brainchild of an early employee named Steve Ells, who wanted to create an authentic Mexican food experience. The idea for the restaurant was based
Does McDonald's own Chipotle Mexican Grill stock?
If you want to support a company, then buying some of its stock can be a great way to do it. But if you want to analyze whether or not a company is independent, one of the first questions you need to ask is if they own any other brands. If it’s possible for you to look up the brand’s ownership information online, you can find out quickly if a company is independent or part of a larger corporation.