Chipotle Franchise Cost
The Chipotle franchise cost may vary depending on the type of restaurant, structure, and land or real estate that you vision for the franchise. Needless to say, the figures are significant but this is to be expected considering the success of the brand.
Chipotle is a well-established brand offering some of the best menus in the country. However, you may have a hard time getting into this brand through franchising.
Chipotle was previously open to franchising, but then corporate bought out all the stores so they became 100% corporate owned. As of this writing, it does not appear that Chipotle is still not open to franchising.
In the event that changes, or has changed, you can read on. Otherwise, we recommend you check out our 10 Most Profitable Franchises in the USA list or our Top 25 Franchises to Own for potential franchise opportunities.
In this guide, we’ll be answering the question - how much does a chipotle franchise cost?
So, read on for an overview of the Chipotle franchise cost.
The Franchise Fees
As you may know, most, if not all restaurants will demand a franchise fee to allow the reuse of their brand name. These fees may vary from restaurant to restaurant depending on several factors. For the Chipotle franchise fee, you can expect to pay an amount ranging between $20,000 - $50,000.
And you are required to pay this franchise fee upfront before you proceed to any other initial investments for the franchise. After settling the Chipotle franchise fee, you can now proceed with the initial investment for a physical location.
The Cost of Building a Chipotle Restaurant
Again, the final expenses spent on building a functional Chipotle restaurant are also expected to vary depending on different factors. Chipotle recently released initial investment documents to the public indicating the amounts a franchisee can expect to pay.
In these documents, the cost of building a Chipotle restaurant franchise ranges between $800,000 - $900,000 in total. Now, these figures are only estimations and Chipotle offers the figures in more detail to prospective individuals looking to open a Chipotle franchise.
But is it worth it to open a Chipotle restaurant franchise?
Absolutely yes! Like with most other successful restaurant chains in the country, Chipotle is very lucrative. As a result, you can expect to generate good returns on your investments if you approach the process accordingly.
The initial investment amount also tends to be low for opening a Chipotle restaurant. For instance, a $900,000 investment can generate about $400,000 in store level profits. This means that the returns on your investment are north 40%, which isn’t that bad for a start.
And the best part is Chipotle is steadily growing in popularity, reputation, and authoritative as well. So, this means that you can always expect to get a significant piece of the pie as a long-term investment.