Chipotle is a fad. The ones I see in Atlanta are rarely crowded and just take up lot of retail restaurant space. If Atlanta is any indication of nationwide, Chipotle will be in world of hurt in couple of years like Krispy Kreme and Boston Market. In Atlanta, I know both Moe's and Willy's do better as a chain.
But one thing good about Chipotle's successful IPO today. It shows there's demand for restaurant stocks. Given the large opening day jump even with the bump in IPO offer range means more companies will consider spinoffs.