SOURCE: Chanticleer Holdings, Inc.

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April 10, 2017 08:30 ET

Chanticleer Holdings Announces Lease Signing For BGR in Sugar House District of Salt Lake City, Utah

CHARLOTTE, NC--(Marketwired - April 10, 2017) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer" or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, today announced that its franchisee, Myles Premier, LLC has signed a lease and expects to open a BGR, Burgers Grilled Right ("BGR"), restaurant in the Sugar House district of Salt Lake City, Utah. This location is the first of Chanticleer's multi-unit franchise agreement with Myles Premier, LLC to open five locations in the Salt Lake City market.

Sugar House is one of the oldest neighborhoods in Salt Lake City and has gone through many phases in its lifetime. Today it's one of Salt Lake's hotspots for upper-middle class homeowners and hipster shoppers. Sugarhouse has for decades been one of Salt Lake City's best -- and only -- zones of concentrated, locally-owned shops, and has been one of Salt Lake City's #1 go-to shopping areas.

Rich Adams, President and Chief Operating Officer of American Burger Company, parent company of BGR, commented, "We are excited to expand BGR's presence in the southwest region of the country and bring our popular, award-winning concept to the Salt Lake City community. As we continue to increase brand awareness, we are eager to provide our fast-casual restaurants to new customers while assisting our franchisees in building a successful business."

About Chanticleer Holdings, Inc.

Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), owns, operates and franchises fast casual and full service restaurant brands, including American Burger Company, BGR - Burgers Grilled Right, Little Big Burger, Just Fresh and Hooters.

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