CHARLOTTE, NC--(Marketwired - March 20, 2017) - Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer," or the "Company"), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, today announced that it will open its first Little Big Burger ("LBB") in North Carolina at Prosperity Village Square in Charlotte. This new location, to be opened this spring, had previously been announced as an American Burger Company restaurant.
Funding is provided by Chanticleer's financial partner, and the commitment may include future LBB stores in Charlotte and surrounding areas. Prosperity Village Square is located in the Highland Creek area of northern Charlotte, and will have street and sidewalk interconnectivity with a 292 unit multifamily development being constructed adjacent to the shopping center.
Mike Pruitt, Chairman and CEO of Chanticleer Holdings, commented, "We are pleased to bring Little Big Burger to North Charlotte. Given our loyal customer base in the Pacific Northwest, we are excited to expand our iconic brand into a new market. Highland Creek is one of Charlotte's fastest growing areas, and we very much look forward to providing our unique dining experience to the community."
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.
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.