"Steve Ells observed the popularity of the taquerías and San Francisco burritos in the Mission District. In 1993, Ells took what he learned in San Francisco and opened the first Chipotle in Denver, Colorado, in a former Dolly Madison Ice Cream Store near the University of Denver campus using an $85,000 loan from his father. Ells and his father calculated that the store would need to sell 107 burritos (BE Point) per day to be profitable. After one month, the original restaurant was selling over 1,000 burritos a day."
1,000 - 107 = 893 * $6.50 = $5,804.50 per day
$5,804.50 per day * 365 = $2,118,642.50 per year per store
Before you commit to a business idea for the rest of the semester (only to find out it's not as good as you thought it was) you need to find out if your idea is viable. (Lesson Objective)
Answer these questions on the linked outline for your top business idea to create a Quick Business Analysis Report (QBAR).
Make the analysis college-level quality and easy to read!
Business Analysis Outline (type) Note: Include answers In the fourth column. In order to view the table gridlines, click inside the table. Select Layout, then View Gridlines.
Business Analysis Rubric (print)