Chanticleer Holdings Announces Signing of New Lease for Little Big Burger #23
Growing Fast Casual Concept Expands Oregon Footprint Taking up Residence in the Historic Power + Light Building at the Corner of Sixth and Taylor
CHARLOTTE, N.C., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that it has executed a lease for its 23rd Little Big Burger. This location furthers the brands footprint in the region building upon its deep roots in Oregon.
The unique burger brand’s newest location will take up residence in the historic Power + Light building at the corner of Sixth and Taylor, just a block from Pioneer Courthouse and the MAX Light Rail Station.
The lease signing comes on the heals of the recent announcement of the soft opening of its newest Little Big Burger in Lake Oswego, near Portland. Its grand opening and free burger day are being held today.
The lease signing marks what will be the Company’s 23rd Little Big Burger, up from its just eight original.
Fred Glick, Chanticleer Holdings President stated, “We’re pleased to announce the signing of a new lease for our newest planned Little Big Burger, right in the heart of the brand's birthplace. We look forward to playing a part in the vibrant, creative and inclusive energy of Downtown Portland."
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 mp@chanticleerholdings.com or visit www.littlebigburger.com.
A video about Little Big Burger may be viewed at the following link: http://www.chanticleerholdings.com/brands/littlebigburger/
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.
Contact Information:
Investor Relations
Jason Assad
678-570-6791
Ja@chanticleerholdings.com
Released February 20, 2019