Have you ever thought, “Chipotle’s serving method is great, but sometimes I just want eastern cuisine instead of a burrito?”
Well, you’re in luck — especially if you live in LA or DC. Chipotle (CMG) opened its first ShopHouse location in the nation’s capital in 2011, and is about to open a second in Los Angeles, plus another West Coast location later this year. The restaurant features the same layout and ordering process as Chipotle locations — customers pick their ingredients, which are prepared in the open — the only difference is what they’re choosing.
There’s no official word yet on just where Chipotle will be expanding this new franchise. But it’s a fair bet that LA and DC residents are already subjects of envy.
CMG is up 71% YTD.
Adam Benjamin is an Assistant Editor of InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities.