Personal Finance Insider | How the Sale of Qdoba Will Impact Chipotle's Future @InsiderPersonalFinance | Uploaded December 2017 | Updated October 2024, 1 hour ago.
Business Insider editor-at-large Sara Silverstein discusses Mexican food chain Qdoba's sale to private equity firm Apollo for $305 million, and breaks down what it might mean for Chipotle's valuation. She notes that Qdoba is valued at under $1 million per store, while Chipotle is currently trading at about $3.5 million per store.
Business Insider CEO and noted Chipotle enthusiast Henry Blodget joins the discussion, admitting that he's never eaten at Qdoba, and that he'll continue to favor Chipotle. Silverstein outlines some of Qdoba's positives: it's always had queso dip, its queso and guacamole are free, and it has a bigger menu, including quesadillas. Blodget concludes that the comparison between the two is worrisome for Chipotle.
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Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
Business Insider editor-at-large Sara Silverstein discusses Mexican food chain Qdoba's sale to private equity firm Apollo for $305 million, and breaks down what it might mean for Chipotle's valuation. She notes that Qdoba is valued at under $1 million per store, while Chipotle is currently trading at about $3.5 million per store.
Business Insider CEO and noted Chipotle enthusiast Henry Blodget joins the discussion, admitting that he's never eaten at Qdoba, and that he'll continue to favor Chipotle. Silverstein outlines some of Qdoba's positives: it's always had queso dip, its queso and guacamole are free, and it has a bigger menu, including quesadillas. Blodget concludes that the comparison between the two is worrisome for Chipotle.
--------------------------------------------------
Follow BI Video on Twitter: bit.ly/1oS68Zs
Follow BI on Facebook: bit.ly/1W9Lk0n
Read more: businessinsider.com
--------------------------------------------------
Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.
