CMG - PICS OF THE LONDON STORE

05/11/10 08:18AM EDT

Our London contacts sent us some pictures of Chipotle’s first Euro-store.

The following pictures were taken at 11am GMT today, prior to the lunch rush.  The locals seem to think that prices are a little high.  In the U.S., lunch is the most important day part.  If the London location is open late, the higher price point would likely make it non-competitive. At night, it is unlikely the Brits will forgo an extra pint to afford a burrito if they can go to a kebab joint and eat for less.

CMG - PICS OF THE LONDON STORE - cmg1

CMG - PICS OF THE LONDON STORE - cmg2

CMG - PICS OF THE LONDON STORE - cmg3

CMG - PICS OF THE LONDON STORE - cmg4

CMG - PICS OF THE LONDON STORE - cmg5

CMG - PICS OF THE LONDON STORE - cmg6

CMG - PICS OF THE LONDON STORE - cmg7

CMG - PICS OF THE LONDON STORE - CMG8

Howard Penney

Managing Director

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.