Rumors have been circulating that Chipotle Mexican Grill is closing down or filing for bankruptcy. However, there is no truth to these claims. BuzzerBlog confirms that the restaurant chain remains financially strong and is expanding.
The Origin of the Rumor
The misinformation appears to have started from a one-sentence article by a Madrid-based media outlet, which reported the closure of Farmesa Fresh, a Chipotle-backed spinoff venture. This led to confusion, with many falsely assuming that Chipotle itself was shutting down.
Chipotle’s Strong Financial Standing
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As of March 2025, Chipotle operates over 3,700 restaurants and continues to grow.
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The company saw a 14.6% revenue increase in 2024, reaching $2.8 billion.
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Chipotle plans to open 315–345 new locations this year, with 80% featuring "Chipotlane" drive-thru service.
Social Media Speculation
Following the misleading article, posts on X (formerly Twitter) spread claims like:
📢 "Chipotle is closing all restaurants & declaring bankruptcy!"
📢 "Businesses going bankrupt left and right... Chipotle next?"
However, Chipotle’s media team debunked these rumors, confirming that the company has zero debt and over $2 billion in cash reserves.
Farmesa Fresh: The Real Closure
Chipotle launched Farmesa Fresh in Santa Monica, California, as an experimental concept. After gathering data, the company decided to discontinue it, focusing instead on its core brand.
The Final Verdict
🚫 Chipotle is NOT closing or filing for bankruptcy.
📈 The brand is expanding with hundreds of new restaurant openings.
BuzzerBlog advises readers to fact-check viral claims before believing or sharing them.
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