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 Chipolte's

Change Page: < 123456 | Showing page 6 of 6, messages 151 to 152 of 152
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Davydd

  • Total Posts: 6228
  • Joined: 4/24/2005
  • Location: Tonka Bay, MN
RE: Chipolte's Sat, 12/29/07 10:56 PM (permalink)
If Wikipedia is correct, McDonald's basically made Chipotle. They took over interest when it was a small local chain of 14, had 92% ownership at one time and drove it up to 480 restaurants before divesting it. That had to be McDonald's expertise and money infusion for that to happen, not the original owner/creator in my opinion.
 
    Michael Hoffman

    • Total Posts: 17851
    • Joined: 7/1/2000
    • Location: Gahanna, OH
    RE: Chipolte's Sat, 12/29/07 11:30 PM (permalink)
    quote:
    Originally posted by Davydd

    If Wikipedia is correct, McDonald's basically made Chipotle. They took over interest when it was a small local chain of 14, had 92% ownership at one time and drove it up to 480 restaurants before divesting it. That had to be McDonald's expertise and money infusion for that to happen, not the original owner/creator in my opinion.

    Oh, it was a great idea, but the owner was limited in what he could accomplish. That's where McDonald's stepped up to the plate and made the chain -- and lots of money.

    Where they didn't do well was in buying Donato's chain of pizza places. They paid something like 25 or 30 million for it, kept it for several years and expanded it, and finally sold it back to the original owner for about three million.
     
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