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.

Even as other fast-casual chains have struggled with rising prices and inflation-weary consumers, Chipotle is growing at a rapid clip.

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,