SOURCE: Chanticleer Holdings, Inc.

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July 08, 2014 12:39 ET

Chanticleer Holdings Announces Grand Opening of Hooters Restaurant in Surfers Paradise, Australia

CHARLOTTE, NC--(Marketwired - July 08, 2014) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, announced the grand opening of its fourth Hooters restaurant in Australia at one of Surfers Paradise's iconic landmarks, the Pink Poodle. This is Chanticleer's twenty-fifth restaurant location worldwide.

Located in Surfers Paradise, known as one of Australia's iconic coastal tourist destinations, the new Hooters will have its VIP opening party July 11, 2014 and the grand opening to the public on the 14th. With both indoor and outdoor seating, the new restaurant will seat 160 patrons in a vibrant sports atmosphere as they watch their favorite sports team in action on 25 large flat screen high-definition televisions and a large video wall. Hooters was previously located at Mermaid Beach but was forced to close its doors due to a fire in March 2011.

The Pink Poodle landmark originates from the Pink Poodle Motel that opened in 1967, which became a recognized symbol of Gold Coast's booming tourism. In 2010 the Pink Poodle sign was named a Queensland Heritage Icon by the National Trust and with remnants of the original motel it was entered on the Gold Coast Local Heritage Register.

"We are excited to reopen Hooters in the Gold Coast at the Pink Poodle, a place of cultural significance to this area. We look forward to reestablishing ourselves within the community and its thriving tourism industry," commented Chairman and CEO of Chanticleer Holdings, Mike Pruitt. "We also expect to announce our Townsville opening date shortly, which is currently under construction and will further expand our footprint in Australia." 

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 England, South Africa, Hungary, and Brazil, has joint ventured with the current Hooters franchisee in Australia, and recently acquired two Hooters restaurants in the United States. The Company also owns and operates American Roadside Burgers, Spoon Bar & Kitchen and owns a majority interest in Just Fresh restaurants in the U.S.

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