(HOTR) Announces Grand Opening of BGR the Burger Joint in Springfield, VA
CHARLOTTE, NC–(November 12, 2015) – Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the “Company”), owner and operator of multiple restaurant brands internationally and domestically, today announced that the grand opening of its new BGR the Burger Joint (“BGR”) at the Springfield Town Center in Springfield, Virginia will take place the weekend of November 13, 2015. This is the twenty-third BGR location.
One of the largest malls in northern Virginia, the Springfield Town Center reopened, bigger and better, in October 2014 after a two-year renovation. The mall is located at the famed “Mixing Bowl” interchange of Interstate 95, Interstate 395, and Interstate 495, one of the busiest highway junctions in the U.S. This is a prime location for BGR as it expands its footprint in the Washington D.C. area where its better-burger concept has been voted “Best Burger Restaurant in DC” by Business Insider, “Best Burger Restaurant in DC” by Washingtonian Magazine and “Best Burger Patty” by The Washington Post.
“The Springfield Town Center is an ideal location for the expansion of BGR in the D.C. area and we are especially excited about opening BGR’s first food court location, timed to capture the holiday shopping season,” stated Nate Ripley, President of BGR the Burger Joint. “The quality of our menu, highlighted by our prime, dry-aged burgers, is well known in the area and we’re excited to give our customers another premier location to enjoy the BGR experience.”
“Consumers are embracing the better burger concept and we’re pleased to be growing the BGR footprint in a region where this brand is already a proven success. As we actively pursue additional DC market locations for next year, we look forward to the continued growth of BGR with a strategy of adding corporate-owned locations when the opportunity arises, and opening locations with our franchise partners in both domestic and international markets,” said Mike Pruitt, CEO of Chanticleer Holdings, Inc.
Chanticleer Holdings has 62 locations worldwide including fifteen Hooters restaurants, five American Burger Co. restaurants, seven Just Fresh locations, twenty-three BGR the Burger Joint locations (including 13 franchise locations), four BT’s Burger Joint locations and eight Little Big Burger locations.
About BGR: The Burger Joint
BGR: The Burger Joint is helping lead the better burger market with a menu designed around our commitment to using only the highest quality ingredients. BGR’s menu is designed around an exclusive blend of Prime, Dry-aged burgers, grilled over an open flame. BGR operates stores domestically and internationally, with franchise opportunities in both markets. For more information, visit www.bgrtheburgerjoint.com, or follow us on Facebook (/BGRBurgerJoint) or Twitter (@BGRBurgerJoint).
About Chanticleer Holdings, Inc
Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR the Burger Joint, BT’s Burger Joint, Little Big Burger, and owns a majority interest in Just Fresh restaurants in the U.S.
For further information, please visit www.chanticleerholdings.com
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Forward-Looking Statements:
Any statements that are not historical facts contained in this release are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.
Press Information:
Chanticleer Holdings, Inc.
Investor Relations
Phone: 704.366.5122
ir@chanticleerholdings.com
Investor Relations
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone 203.972.9200
jnesbett@institutionalms.com
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