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Social media was flooded with panic after false rumors claimed Chipotle was going bankrupt and closing all its locations in 2025. However, these claims have been debunked by the company.
The confusion started after a Spanish media outlet, Unión Rayo, mistakenly linked Chipotle to the closure of Farmesa Fresh Eatery, a short-lived restaurant concept the company tested in 2023. The misinformation quickly spread, causing concern among fans of the popular Mexican grill.
Chipotle spokesperson Erin Wolford confirmed that the rumors were false, stating, "This misinformation stemmed from an inaccurate online article confusing Chipotle with a venture it tested in 2023." The company has since received an apology from the source of the misleading article.
how chipotle goin bankrupt when i get a bowl with extra chicken and guac everyday?????
— LLT (@_envyque) March 25, 2025
Chipotle is closing all restaurants & is declaring bankruptcy. The number of businesses declaring bankruptcy is very eerie.
— Aimee Sukol ☮🐾🌱🌎🍝📚🎨🍺 (@SukolVentures) March 20, 2025
What Was Farmesa Fresh Eatery?
Farmesa Fresh Eatery was a test concept launched by Chipotle in Santa Monica, offering customizable protein bowls. Despite initial excitement, the concept was short-lived, and its closure led to confusion among social media users.
Chipotle’s Future Plans: Expansion, Not Bankruptcy
Contrary to rumors, Chipotle is thriving and expanding. The company reported a strong financial performance in 2024, generating $11.3 billion in revenue, a 14.6% increase from the previous year. Chipotle plans to open 315–345 new locations in 2025, with at least 80% featuring digital drive-thru "Chipotlanes."
CEO Scott Boatwright reassured customers, stating, "Chipotle had another outstanding year. Everything we do is in service of our guests."
With zero debt, billions in cash reserves, and a growing footprint, Chipotle is far from closing. Fans can look forward to more locations and menu innovations, like the recently introduced Honey Chicken.
