CHARLOTTE, NC--(Marketwired - March 06, 2017) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer," or the "Company"), owner and operator of multiple restaurant brands in the U.S. and abroad, today announced that its better burger concept, BGR - Burgers Grilled Right ("BGR"), has signed a lease and expects to open a new restaurant in Washington, D.C.
The restaurant will be operating out of the Monroe Street Market complex on 655 Michigan Ave, N.E., Washington, D.C., just minutes away from the Catholic University of America and Brookland-CUA Metro Station. Funding is provided by the Company's financial partner.
Mike Pruitt, CEO of Chanticleer Holdings, commented, "We are pleased to further expand our presence and provide our fast-casual services within the core Baltimore-Washington, D.C. area. The Burger Joint has grown to over 20 locations, and we look forward to better serving the area while increasing brand awareness."
Mr. Pruitt continued, "We also encourage individuals to visit the new BGR website, which now offers a dedicated page for each store location, providing users with the ability to view menu offerings and prices, as well as delivery services, local specials, and franchise opportunities."
Visit the BGR website here: https://www.bgrtheburgerjoint.com/
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: The Burger Joint, Little Big Burger, Just Fresh and Hooters.
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.