Chanticleer Holdings' BGR the Burger Joint Signs Multi-Unit Franchise Deal in the Baltimore-Washington D.C. Market
CHARLOTTE, NC -- (Marketwired) -- 02/16/16 -- 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 multi-unit franchise deal with Spartan Investment LLC to open up to three locations in the Baltimore-Washington D.C. market. The franchise agreement strengthens BGR's brand presence in the D.C. market and will provide additional leverage for marketing the better-burger concept.
"We are thrilled to have such a quality operator join the BGR family, as we continue to strengthen our core markets by adding engaged entrepreneurs dedicated to bringing our iconic BGR brand to the local comunities in the Baltimore-Washington market," stated Ed Kelley, President BGR Franchising dba BGR the Burger Joint.
"The successful growth of BGR's brand continues to bring great franchising opportunities and this multi-unit agreement signifies the confidence our franchise partner has in the BGR brand. We look forward to cultivating this partnership as they look to open their first BGR location by year end," commented Rich Adams, President and COO of American Burger Co.
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, 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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Chanticleer Holdings, Inc.
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Source: Chanticleer Holdings, Inc.
Released February 16, 2016