But at least one U.S.-based Mexican chain has struggled to make it in Mexico. Taco Bell opened a few outlets in Mexico City in 1992 but they closed within two years. The brand opened another store in Monterrey, Mexico, in 2007 which also didn’t last.

Chipotle Mexican Grill will open a storefront in Mexico and look to expand into additional markets in the region. The burrito chain on Monday said it signed a development agreement with Alsea, a restaurant operator in Latin America and Europe,

Chipotle Mexican Grill might have "Mexican" in its name, but it's never had a location in Mexico. That's about to change, with the restaurant chain opening its first location south of the US border in its three-decade history.