CHARLOTTE, NC--(Marketwired - January 03, 2017) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer" or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, announced that it has executed a franchise agreement and signed lease for its better burger concept, BGR - Burgers Grilled Right ("BGR") in Reston, Virginia.
This franchise location will be operated by SCI-RESTON, LLC, a family owned business owning the rights to develop up to three additional franchises under a Multi-Unit Agreement. The restaurant is to be located in the RTC West Center, adjacent to the Reston Town Center, one of the most affluent and acclaimed retail markets in the United States.
Ed Kelley, President of Franchising, BGR, commented, "We are thrilled to have SCI-RESTON, LLC as our franchise partner; and look forward to opening in such a dynamic life-style center in the Washington D.C. market, where the BGR brand enjoys significant visibility and a reputation as the best burger for many years in succession."
Rich Adams, President and Chief Operating Officer of American Burger Company, parent company of BGR, commented, "We have built a loyal customer base around The BGR concept with a particularly strong following in the Washington D.C. market. With our recent successful opening of BGR in South Orange, New Jersey we're energized by this opportunity to expand our presence and to bring BGR to another new location and new audience of customers."
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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