Chanticleer Holdings' BGR the Burger Joint Signs Lease on 11th Corporate Owned Location in Fairfax, VA
CHARLOTTE, NC -- (Marketwired) -- 01/20/16 -- Chanticleer Holdings, Inc. (NASDAQ: HOTR) (Chanticleer Holdings, or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, today announced that the Company has signed a lease in Fairfax, VA in the Mosaic District to open its eleventh corporate-owned BGR the Burger Joint ("BGR") location. With the new construction project the Company anticipates a Q4 2016 opening.
Mosaic District is an urban district with a hand-selected mix of DC's top independent fashion boutiques, inspired culinary options, healthy grocers, the Angelika Film Center (an art house cinema), and premier national retailers.
"Thanks to our strong consumer following, BGR continues to grow in the DC marketplace by opening in dynamic real estate locations. Mosaic District is an already existing multi-draw center with high end regional and national tenants and will be a perfect fit for BGR. Located off the I-495/Rt 29 corridor, Mosaic District is 5 miles north of our Springfield Town Center location that opened in November 2015 and has been exceeding our sales forecasts. We look to continue that momentum with the Mosaic District location," stated Nate Ripley, President of BGR the Burger Joint.
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, BT's Burger Joint, Little Big Burger, and owns a majority interest in Just Fresh restaurants in the U.S.
For further information, please visit www.chanticleerholdings.com
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Forward-Looking Statements:
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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 January 20, 2016