Chipotle Mexican Grill vs Costa Vida Franchise Comparison

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

Start-Up Costs and Fees

 
Chipotle Mexican Grill Franchise
Costa Vida Franchise
Investment N/A$659,500 - $1,025,000
Franchise Fee N/A$30,000
Royalty Fee -6%
Advertising Fee -to 2%
Year Founded 19932003
Year Franchised -2004
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Chipotle Mexican Grill Franchise
Costa Vida Franchise
Experience --

Financing Options

 
Chipotle Mexican Grill Franchise
Costa Vida Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Chipotle Mexican Grill Franchise
Costa Vida Franchise
Training -On-The-Job Training: 250 hours Classroom Training: 20-40 hours
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans

 
Chipotle Mexican Grill Franchise
Costa Vida Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Costa Vida

Want to become a part of one of the most exciting and fun restaurant opportunities in the nation? It's time to grab your surfboard and hunger for success and join the Costa Vida team. Costa Vida offers to our franchise partners a proven blueprint for amazing food, operational excellence, and an enjoyable customer experience in a vibrant and Baja-inspired environment. Development agreements are available for many territories (excluding Utah, Idaho, Arizona, and Colorado).
Why Costa Vida?
 * Recognized as one of the fastest growing restaurants in the nation by RestaurantChains.net; as well as named to Franchise Times Fast 55 list
 * Differentiated & valued business offering
 * Proactive corporate support
 * Exciting & fun! Our preferred franchise owners are groups that demonstrate a commitment to quality, service, and integrity that protect the system's brand, value, and growth.

Preferred Locations: Many locations throughout the United States are available. Preferred locations include: Hawaii, California, Florida.

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