Chipotle

Also, price target?

Chipotle gets very old if I have it more than once a week (which only happens in the summer). Outside of the summer Ill have it once every 4-5 weeks. And I don't wanna know what carnitas are. I prefer to play it safe.

OkComputer

Chipotle gets very old if I have it more than once a week (which only happens in the summer). Outside of the summer Ill have it once every 4-5 weeks. And I don't wanna know what carnitas are. I prefer to play it safe.

You're missing out.

They always have like 6 different protein options, and I'm like... there aren't event that many different types of animals. But I'm about to go get Chipotle after I get a bit more drunk, so I'm looking for suggestions.

1. Carnitas are braised pork.
2. Steak and chicken with guac is my shit

//

RustyFork

Also, price target?

$300. Unless it can expand internationally, growth will subside and won't be able to sustain current valuation levels.

Chipotle sucks. They don't even have cheese dip, nothing beats cheese dip and chips when you get the munchies....NOTHING

I love this place.

I walked into the one at 129 West 48th yesterday, did Namaste, prostrated myself on the floor and thanked them for their delicious food.

I've never been to chipotle when there's been 50 ppl on line. Love the place, but that's enough to have stopped me from going anymore.

MMorBust

Chipotle sucks. They don't even have cheese dip, nothing beats cheese dip and chips when you get the munchies....NOTHING

Cheese dip is the reason Qdoba will always beat Chipotle.

FrankD'anconia

I've never been to chipotle when there's been 50 ppl on line. Love the place, but that's enough to have stopped me from going anymore.

If you want to avoid lines, order online and pick up in store.

However I don't eat Chipotle more than twice a week, it gets old quickly.

Love chipotle. While there are 20 people in line I stroll in and pick up my lunch at the window. The workers there know me so they load up on veggies and protein. I usually get the salad or rice bowl with chicken (double meat), 5 times a week. I regret nothing.

Naya express is similar to Chipotle

This reminds me of the fact that a former camp counselor (the guys who make like 10 bucks an hour) of mine when I was in elementary school invested heavily in Chipotle like 10 years ago. I ran into him at, oddly enough, a Chipotle a few months back. He made about $2m off of the investment, I asked what motivated him to invest and he said "I had it when I was on vacation and I liked it, so I invested." - sounded like something out of a comedy!

JYFresh

Love chipotle. While there are 20 people in line I stroll in and pick up my lunch at the window. The workers there know me so they load up on veggies and protein. I usually get the salad or rice bowl with chicken (double meat), 5 times a week. I regret nothing.

I enjoy yelling at workers to put more beans and veggies on. It's akin to Subway.

I have it like twice a week, same thing every time and it never gets old. The line in midtown stretches out the door and down like 2 shops and I still wait.

Chicken burrito with white rice, black beans, lettuce, cheese, tomatoes. Then some chips and guacamole to munch on the rest of the day. Use the guacamole for the burrito too.

peinvestor2012 JYFresh:

Love chipotle. While there are 20 people in line I stroll in and pick up my lunch at the window. The workers there know me so they load up on veggies and protein. I usually get the salad or rice bowl with chicken (double meat), 5 times a week. I regret nothing.

I enjoy yelling at workers to put more beans and veggies on. It's akin to Subway.

Haha they always short-change me if I order them double meat at the counter by giving me a lazy half-scoop. Can't deal with that.

socman

he would have had to invest ~$200,000 in the stock to make $2M...

I can't attest to the validity of his claim, maybe his parents had left him money. It was also slightly longer than 10 years ago, it was closer to 13 years.

Love this place. The barbacoa is where its at.

I passed on a hunch to buy chipotle years ago.... shoulda listened to myself.

I usually get the burrito bowl with brown rice, chicken, + fajita veggies (pro-tip, the veggies don't cost extra...maybe this is common knowledge but I didn't realize this until a month or so in). The bowl is just as filling and it makes me feel somewhat healthy because I'm not eating a tortilla filled with simple carbs.

You guys wanna hear a funny story? When I was like 17, I worked as a baker at Cosi, the Panera Bread competitor. The "whole wheat" bread consists of white bread that I had churned half a pound of brown sugar and random seeds into.

RustyFork

You guys wanna hear a funny story?
When I was like 17, I worked as a baker at Cosi, the Panera Bread competitor.
The "whole wheat" bread consists of white bread that I had churned half a pound of brown sugar and random seeds into.

Cosi is garbage. Wish it went under already.

peinvestor2012 RustyFork:

You guys wanna hear a funny story?
When I was like 17, I worked as a baker at Cosi, the Panera Bread competitor.
The "whole wheat" bread consists of white bread that I had churned half a pound of brown sugar and random seeds into.

Cosi is garbage. Wish it went under already.

Why do you say so? I enjoyed the food. It's probably the only place I've worked where I'd still eat today.

RustyFork peinvestor2012: RustyFork:

You guys wanna hear a funny story?
When I was like 17, I worked as a baker at Cosi, the Panera Bread competitor.
The "whole wheat" bread consists of white bread that I had churned half a pound of brown sugar and random seeds into.

Cosi is garbage. Wish it went under already.

Why do you say so? I enjoyed the food. It's probably the only place I've worked where I'd still eat today.

It's overpriced and isn't half as good as Panera. The only good thing I had there was the flatbread pizzas.

peinvestor2012 RustyFork:

Also, price target?

$300. Unless it can expand internationally, growth will subside and won't be able to sustain current valuation levels.

Yeah but the multiple isn't really that bad now that I take a look at it these days. I remember the forward P/E used to be insane. 30-31 for a company growing as fast as CMG isn't that unreasonable...

Aren't there more business lines than just the Chipotle brand too?

Burrito with carnitas, brown rice, black beans, fajita vegetables, a little sour cream and cheese. Then I pour a healthy amount of the smoked chipotle hot sauce while eating it.

People say get the burrito bowl because you get more food. While correct, this is a bad idea. The tortilla is essential to making the burrito taste wholesome. Ergo, I always go for a chicken or steak burrito with pinto beans, lettuce, cheese, sour cream, mild salsa, and fajita vegetables.

I understand you can get the tortilla on the side, but good luck trying to wrap that thing.

Burrito bowl with steak, brown rice, black beans, corn salsa, hot sauce, sour cream, cheese. Complex carbs are the way to go, although there's nothing wrong with simple carbs time to time. IIFYM

equityandexuberance peinvestor2012: RustyFork:

Also, price target?

$300. Unless it can expand internationally, growth will subside and won't be able to sustain current valuation levels.

Yeah but the multiple isn't really that bad now that I take a look at it these days. I remember the forward P/E used to be insane. 30-31 for a company growing as fast as CMG isn't that unreasonable...

Aren't there more business lines than just the Chipotle brand too?

21x EBITDA for restaurant chain is quite high. Agree that P/E isn't that astronomical, but from a cash flow standpoint, I'd say it is overvalued unless growth is maintained.

Bowl with steak, white rice, black bean, hot and mild salsa overload with cheese and sour cream. No veggies, even tomatoes.

abacab

Bowl with steak, white rice, black bean, hot and mild salsa overload with cheese and sour cream. No veggies, even tomatoes.

Do you not eat vegetables?

Just not with my chipotle.

Moe's. They have ground beef, bacon, sauteed mushrooms and onions, DAT QUESO, plus free chips and salsa with every burrito.

Moe's is the worst, most awful tasting burrito/taco I have ever taste in my life. Their chicken has no flavor, their tortillas taste awful, their vegetables are stale, their chips are dry and sour, and their queso is vastly inferior to Qdoba's.

Moe's is unquestionably a step beneath Chipotle and Qdoba. It's only really worth it for the unlimited chips and salsa.

Burrito bowl: half a scoop of brown rice, no beans, definitely fajitas if it looks like more peppers to onion ratio during the moment, double chicken. Add two scoops of spicy salsa and two scoops of corn (preferably the white corn) then a sprinkle of cheese and BOOM.

Small Trick for you double meat junkies - I know that none of us like paying for that extra protein that we all think we should be given freely if wanted, but try adding some lettuce on top of your bowl at the very end. Sometimes they forget about the double because they see so much damn lettuce in their face.... This trick also works really well if you get GUAC then ask for lettuce.

Chiming in for the vegetarians here: I didn't know until, like, March that you get free guac if you don't order any meat.

I order a burrito bowl with the tortilla on the side, extra sauteed veggies, black beans (pinto are cooked with bacon), sour cream, guac, hot, mild and corn salsa, extra lettuce and tomato. Mix all that shit up in the bowl and then load it up onto the tortilla. I find that if you just have them make it up in the burrito, it's not well-mixed and you wind up with some bites being all sour cream and other bites being strictly bean. Goodbye, munchies; hello couch lock.

Bearcat

Naya express is similar to Chipotle

Naya Express is fucking amazing. I'm there at least once a week.

Quesorito. You're welcome.

I also enjoy California Tortilla when I get the chance such as in the airport in Washington DC.

Thurnis Haley

I also enjoy California Tortilla when I get the chance such as in the airport in Washington DC.

No better than Moe's.

I remember being in front of one guy who felt the need to supplement his order with Spanish words and phrases every now and then (For example, saying "mas' instead of "more, please" and pollo" instead of "chicken", and saying "gracias" every few seconds.)

I have a feeling that most Americans get their Spanish from the menus at these Mexican/Southwest restaurants.