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Chanticleer Holdings' Little Big Burger Signs Multi-Unit Franchise Deal in Austin, Texas

Monday, 07 August 2017 09:15 AM

Chanticleer Holdings, Inc.

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CHARLOTTE, NC / ACCESSWIRE / August 7, 2017 / Chanticleer Holdings, Inc. (NASDAQ: HOTR) ("Chanticleer" or the "Company"), owner and operator of multiple restaurant brands internationally and domestically, today announced that it has signed a multi-unit franchise deal with Big Star BG, LLC, an Austin-based restaurant group, to open a minimum of three Little Big Burger locations in Austin by 2021.

Big Star BG, LLC has selected iconic East 6th Street for Little Big Burger's first Austin location and expects to be open for business in early 2018. Big Star will manage all aspects of the operation and is very excited to bring Little Big Burger to one of the fastest growing cities in the country.

Rich Adams, President and Chief Operating Officer of American Burger Company, parent company of Little Big Burger, commented, "We are excited to expand Little Big Burger's presence into Texas. We look forward to cultivating our partnership as we introduce our iconic brand to local communities in Austin and other parts of Texas."

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 - Burgers Grilled Right, 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
[email protected]

SOURCE: Chanticleer Holdings, Inc.

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