Chanticleer Holdings Announces Opening of First Seattle Little Big Burger
Continued Little Big Burger Brand Growth on Track to Nearly Double in 2018
CHARLOTTE, N.C., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized better burger restaurant brands, today announced the opening of its newest Little Big Burger (“LBB”) in Wallingford, Seattle.
Adrian Oca, Regional Vice President of Chanticleer Holdings, stated, “We are pleased to further expand our LBB footprint for our loyal customer base in the Pacific Northwest. The Seattle market offers a tremendous opportunity to expand our presence, and we are eager to bring our brand to the dynamic community of Wallingford.”
This location is its first in Seattle and is part of Chanticleer’s 10-store commitment in the Pacific Northwest, with funding provided by the Company’s financial partner.
The 2,200 sq. ft. restaurant will be situated at the base of the Smith & Burns building on 45th and Interlake Ave. N., just a mile and half away from the University of Washington. Wallingford, Seattle’s north-central neighborhood bordering Lake Union, is a popular commercial and residential district known for its assortment of shops, boutiques and restaurants.
Mike Pruitt, Chairman and CEO of Chanticleer Holdings, commented, “Today’s announcement represents more tangible progress towards our stated 2018 and beyond goal of achieving profitable growth while expanding franchising, driving cash flow, monetizing non-core business and strengthening our balance sheet. We look forward to announcing additional LBB openings soon.”
Please follow LBB Seattle on Facebook at https://www.facebook.com/littlebigburgerseattle/ and @littlebigburgerseattle on Instagram.
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings owns, operates, and franchises fast, casual, and full-service restaurant brands, including American Burger Company, BGR – Burgers Grilled Right, Little Big Burger, Just Fresh, and Hooters. For more information, please visit: www.chanticleerholdings.com.
About Little Big Burger
Little Big Burger (“LBB”) is a wholly-owned subsidiary of Chanticleer Holdings, Inc. Founded in Portland, OR in 2010, LBB is a counter service, fast-casual restaurant concept offering fresh, high quality cooked-to-order burgers, truffle fries and root beer floats. LBB has developed a cult-like following in the Pacific Northwest by offering a simple menu focused on delicious quality, served in a hip atmosphere. Parties interested in franchise opportunities should send an email to firstname.lastname@example.org or visit www.littlebigburger.com.
A video about Little Big Burger may be viewed at the following link: http://www.chanticleerholdings.com/brands/littlebigburger/
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.
Released October 9, 2018