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According to city officials, the proposed Chipotle restaurant will feature a pick-up window.However, city officials said the Chipotle pick-up window will not be a typical drive-through window as food cannot be ordered.
The “What if Middletown” visioning process was an initial step to publicize the Master Plan and other community planning processes.
MORE: Road to happiness in Middletown is well paved and leads to Chik-fil-A Officials said it brought together various groups of the community member and residents to identify problems, identify potential new development types, and build a collaborative approach to improve the quality of life for Middletown residents.
Today, Chipotle has more than 2,400 restaurants -- a 21% increase from two years ago -- but the company is now intent on closing underperforming stores.
That's a smart strategy, but one that will slow its expansion rate.
Yet that might not be feasible: at least not in a reasonable amount of time.
Chipotle Mexican Grill Revenue (TTM), data by YCharts. Chipotle Mexican Grill has a history of strong growth, having doubled its revenue every few years before the foodborne-illness crisis hit the chain.The approval also included a minor addition to the rear of the mall to accommodate a larger tenant.Tenants include Aspen Dental, GNC, Great Clips, and Buffalo Wild Wings. The Chipotle would be built north of those businesses.Chipotle Mexican Grill is still trying to recover from the 2015-2016 E.coli contamination scandal that drove customers away and sent revenue tumbling by 13% in 2016.When Chipotle doubled revenue between 20, the number of restaurants it operated grew from 704 to 1,230: a 75% increase.When revenue doubled again by 2015, the chain had grown by another 63% to 2,010 locations.Although sales rebounded somewhat in 2017, a lot of work remains to be done.In a press release that broadly described the changes he wants to make in its corporate culture, Niccol said that Chipotle will: By doing these things, Niccol hopes to put Chipotle back on its former growth trajectory.There has since been an explosion of them, including Moe's Southwest Grill, Baja Fresh, and Qdoba, which itself has been struggling.But increasing competition isn't the only reason why it may be many years before Chipotle's annual revenue hits billion.