Chanticleer Holdings to Open New BGR: The Burger Joint Location in Springfield, VA
CHARLOTTE, NC -- (Marketwired) -- 03/23/15 -- Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, announced today that it will bring BGR: The Burger Joint ("BGR") to the Springfield Town Center in Springfield, VA. This summer's opening marks the twenty-first BGR location.
One of the largest malls in northern Virginia, the Springfield Town Center went through a two-year renovation, reopening in October 2014 bigger and better. The mall is located at the famed "Mixing Bowl" interchange of Interstate 95, Interstate 395, and Interstate 495, one of the busiest highway junctions in the U.S. This is a prime location for BGR as it expands its footprint in the Washington D.C. area where its better-burger concept has been voted "Best Burger Restaurant in DC" by Business Insider, "Best Burger Restaurant in DC" by Washingtonian Magazine and "Best Burger Patty" by The Washington Post.
"We are excited about our expansion to the Springfield Town Center this summer as we increase our presence in the D.C. area, bringing our 'Prime, dry-aged burgers grilled over an open flame', to a wider audience of customers," stated Nate Ripley, President of BGR: The Burger Joint.
"Nate and his team have a proven concept well-known in their region. We look forward to the continued success of BGR as we focus on adding corporate-owned locations when the opportunity arises, as well as opening locations with our franchise partners in both domestic and international markets," said Mike Pruitt, CEO of Chanticleer Holdings, Inc.
About BGR: The Burger Joint
BGR: The Burger Joint is helping lead the better burger market with a menu designed around our commitment to using only the highest quality ingredients. BGR's menu is designed around an exclusive blend of Prime, Dry-aged burgers, grilled over an open flame. BGR operates stores domestically and internationally, with franchise opportunities in both markets. For more information, visit www.bgrtheburgerjoint.com, or follow us on Facebook (/BGRBurgerJoint) or Twitter (@BGRBurgerJoint).
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 Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR: The Burger Joint, and owns a majority interest in Just Fresh restaurants in the U.S.
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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.
Press Information:
Chanticleer Holdings, Inc.
Investor Relations
Phone: 704.366.5122
ir@chanticleerholdings.com
Investor Relations
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone 203.972.9200
jnesbett@institutionalms.com
Source: Chanticleer Holdings, Inc.
Released March 23, 2015