Chipotle Mexican Grill vs Boloco Inspired Burritos Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Chipotle Mexican Grill vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Chipotle Mexican Grill Franchise
Boloco Inspired Burritos Franchise
Investment N/A$190,000 - $400,000
Franchise Fee N/A$25,000
Royalty Fee -6%
Advertising Fee --
Year Founded 19931997
Year Franchised -2004
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$10000


Business Experience Requirements

 
Chipotle Mexican Grill Franchise
Boloco Inspired Burritos Franchise
Experience --

Financing Options

 
Chipotle Mexican Grill Franchise
Boloco Inspired Burritos Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/No
Start-up Costs -/-No/No
Equipment -/-No/No
Inventory -/-No/No
Receivables -/-No/No
Payroll -/-No/No

Training & Support

 
Chipotle Mexican Grill Franchise
Boloco Inspired Burritos Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Chipotle Mexican Grill Franchise
Boloco Inspired Burritos Franchise
US Expansion --
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Chipotle Mexican Grill

We have been informed by Chipotle that they are Currently Not Seeking Franchisees

Founded by Steve Ells in 1993, Chipotle Mexican Grill is a Colorado-based chain of restaurants specializing in gourmet burritos and tacos. It is famous for its chunky guacamole, for its large burritos, and for being one of the first successful chains in the newer category of fast-casual dining establishment. Chipotle has an emphasis on quality, which results in slightly higher prices than other traditional fast food chains. Our menu is intentionally simple. By focusing on just a few menu items, we can concentrate our effort on doing a few things very well. We believe that by focusing on the details of quality, service and the Chipotle experience, we'll be able to bring great food and our vision to new customers and keep existing customers coming back. We believe that consumers' increasing concern about the food they eat will foster demand for higher-quality foods. We believe this, in turn, will attract the interest and capital investment of larger farms and suppliers, and help us make our food more accessible, although we'll continue to balance our interest in advancing "food with integrity" with our desire to provide great food at reasonable prices.

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.