2 Fast-Casual Restaurant Stocks You Can Invest In
Founded in 1993 in Denver, Colorado, Chipotle Mexican Grill brought about a sort of renaissance in limited-service restaurants, albeit in a new, healthier subset we now call fast casual. Not only did it spark a surprising wave of growth in the quick-service restaurant format, but it challenged traditional fast-food companies to offer healthier options and to innovate.
However, as fast-casual sales soared, entrepreneurs quickly caught on to the trend. Formidable fast-casual competitors have since gained steam in virtually every food category. There's Shake Shack's burgers, Zoe's Kitchen's Mediterranean food, Noodles & Company's noodle-style cuisines from around the world, Jack in the Box's burritos at its Qdoba chain, and plenty more.
Image source: Chipotle Mexican Grill.
Source: Fool.com
