CHARLOTTE, NC --(Marketwired - November 28, 2016) - Chanticleer Holdings, Inc. (
This will be Chanticleer's ninth Little Big Burger and 40th fast casual better burger store. Fast casual better burger restaurants now account for 70% of Chanticleer's total store count.
The restaurant will be located in the Lloyd District at the Hassalo on Eighth Velomore Building: 1088 NE 7 th Ave. in Portland. Portland is the largest city in Oregon, with 60% of the state's population residing within the city's metropolitan area.
Mike Pruitt, CEO of Chanticleer Holdings, commented, "We are very pleased to open up a new Little Big Burger in the Portland area. This store is our first store opening financed with EB-5 capital, which provides attractive, non-dilutive capital to expand our regional brands. Little Big Burger has been performing well with particularly attractive store economics, and we look forward to continuing to strategically utilize EB-5 financing for additional Little Big Burger restaurants as well as our other regional brands."
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), owns, operates and franchises fast casual and full service restaurant brands, including American Burger Company, BGR: The Burger Joint, Little Big Burger, Just Fresh and Hooters.
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: 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
