Chanticleer Holdings' BGR: The Burger Joint to Open Second International Franchise Location in Kuwait
CHARLOTTE, NC -- (Marketwired) -- 05/21/15 -- Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, announced today that BGR: The Burger Joint ("BGR") will be opening its second international franchise location in Kuwait by the end of the month.
The second BGR location will be in The Cube Mall, a newly constructed state-of-the art mall located in Salmiya, seven miles south east of its Kuwait City BGR location. Salmiya is considered Kuwait's flagship district being a major cultural and commercial hub. BGR will have a premier location that leads out to a world class outdoor terrace and fountain.
"This is an exciting time for us as we begin to expand our footprint in Kuwait. The brand and concept has taken off with the local patrons and we look forward to adding additional franchise locations in this market," stated Ed Kelly, President of Franchising, BGR: The Burger Joint.
"The better burger concept is a great opportunity in international markets. We expect BGR to do exceptionally well in these markets as international franchisees are looking for a great brand to represent in their 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 May 21, 2015