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Chipotle Mexican Grill, Inc. Message Board

  • fordtrucj80 fordtrucj80 Apr 6, 2013 2:53 PM Flag

    Market saturated with Chipotles

    I live in the Ohio and I have 35 Chipotles within 20 minutes of the house. Any additional Chipotles will just cannibilize existing stores. No additional growth for this POS company.

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    • Need some clarification here. Cannibilization does not mean they are using human beef on their burritos!! I'm afraid some of the Chipotle Kool-Aid drinkers might get the wrong idea. Never noticed kool-aid on their menu, but from what I see on this message board, they must be serving it.

    • Cmg has a copycat problem brewing big time. In just ate a Pancheros Mexican grill in NJ today for the first time. It is the same concept and same food as CMG. Currently 55 franchises but available as compared to CMG.

      Same food but a couple of dollars cheaper. Same assembly line process, slightly better internal atmosphere(tv for instance).

      I won't go to cmg again and this mirror image copy is not good for busy. No barriers to entry to make a burrito!!

      Cmg is not worth the multiple given that these can be put up by anyone with a net worth of 750k

      The is a game changer for cmg

      Goodnight overpriced stock.

 
CMG
435.00+1.70(+0.39%)May 5 4:00 PMEDT