Generally speaking, restaurants are a lousy business. The failure rate is relatively high, and profit margins are relatively low.

Every now and then, though, certain restaurant concepts just click with people. Chipotle Mexican Grill (NYSE: CMG) is one of those concepts. Fresh, custom-built burritos are a hit! That's why its top line is expected to grow nearly 14% this year and repeat the feat next year. Half of its recent, comparable growth stems from new store openings; the other half reflects existing-store sales growth. That's impressive for any consumer-facing outfit, but particularly for a restaurant chain.

This growth, of course, is also the chief reason Chipotle share prices are up 70% for the past year, and higher to the tune of 400% since their pandemic-prompted low in early 2020.

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Source Fool.com