Company’s Better Burger Brands Include Little Big Burger, Burgers Grilled Right and American Burger Company; Give Back to Local Communities
CHARLOTTE, N.C., May 21, 2018 (GLOBE NEWSWIRE) — Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized better burger restaurant brands, including Little Big Burger (“LBB”), Burgers Grilled Right (“BGR”) and American Burger Company, today announced its plans in celebration of National Hamburger month.
On May 9, Little Big Burger celebrated Nurses week by offering all Nurses who dedicate their lives to the health and well-being of others, a free burger. On May 17, the Company’s recently opened second Southern California Little Big Burger Mission Valley location welcomed patrons to join them for free burger day, resulting in 500 complimentary burgers being provided before 6:00 pm. Smiles were put on faces from both near and far as customers got to experience firsthand the quality of LBB’s quarter pound patty burgers, truffle fries and its own trademarked Camden’s Catsup and Fry sauce.
Currently the Company has 14 LBB stores and expects to add an additional six to ten new locations throughout the balance of the year. Eight stores are currently under construction and anticipated to begin contributing to revenue in the third and fourth quarter.
Most recently the Company announced a partnership with NASCAR superstar, driver of the Toyota Fed Ex #11 Denny Hamlin, for his first LBB in Cornelius N.C., with the option to open nine additional locations.
The Company’s BGR brand is pleased to announce that May marks the brands ten-year anniversary as it was founded in Bethesda, MD in 2008. As part of the milestone, the Company will be running select local promotions in appreciation of strong community support and a very loyal consumer base. BGR previously has won numerous awards including being voted “Best Burger in Washington, DC” by the editorial staff at MSN.com’s Business Insider.
Currently the BGR brand has 22 locations. Ten locations are company owned, ten US franchises, and two international franchise locations. The Company’s recently opened Catholic University continues to exceed expectations, and there are currently two locations under construction with two recently reimaged.
The Company’s American Burger Company currently has seven locations. A well established a 15-year-old chain known for its diverse menu featuring fresh salads; customized burgers made from fresh beef, turkey or veggies; milk shakes; and a large selection of various sandwiches, beers and wine, its in-restaurant dining is fast and convenient and the existing restaurant locations are strategically located in high traffic areas. Each restaurant features a nostalgic “made in America” theme. The first American Burger Co location opened in 2006 in Smithtown, N.Y. Currently there are seven locations.
ABC recently gave back to the local community supporting the Carolina Panther’s Greg Olson & Thomas Davis foundations by sponsoring their Golf Tournaments. On May 23, Chanticleer’s own CEO Michael Pruitt, along with the rest of the ABC leadership team, will roll up their sleeves cooking 200 meals for the Men’s Shelter of Charlotte as part of its Renovation Meal Brigade.
Current total Company restaurant count consists of 56 locations both in the US and abroad. The Company expects overall store count to grow at least 20% in 2018 primarily led by franchising and joint ventures of the LBB and BGR brands.
Mike Pruitt, Chanticleer Chief Executive Officer stated, “We continue to be pleased at the continuing progress of all of our better burger category brands, as well as celebrating certain operational milestones in the month of May, National Hamburger month. Considering the success of our brands is often tied to the invaluable support of the local communities we operate in, we feel it equally important to pay it forward, giving back to those who have supported us. It’s for that reason all of our brands, including our dedicated employees working for them, are excited to be participating in the aforementioned events.”
Pruitt continued, “We continue to gain scale promoting growth by leveraging both the attractive economics of our brands as well as a mutually beneficial franchising and JV model. In addition, two of this year’s stores are 100% corporate owned. We believe that our model itself is complemented by a focus on the continual building of local goodwill for our brands. With recent heightened interest in others in the space with similar growth trajectories, we believe we are positioned well for the future.”
A video about Little Big Burger may be viewed at the following link:http://www.chanticleerholdings.com/brands/littlebigburger/
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. LBB now has 14 locations – 11 in the State of Oregon, one in Charlotte, NC, and two in Southern Ca. The Company expects new locations to open soon in Portland, San Diego, Seattle, Austin and NC. Parties interested in franchise opportunities should send an email to firstname.lastname@example.org or visitwww.littlebigburger.com.
About Burgers Grilled Right
BGR is helping lead the better burger market with a menu designed around our commitment to using only the highest quality ingredients. BGR’s menu is designed around an exclusive blend of Prime, Dry-aged burgers, grilled over an open flame. BGR operates stores domestically and internationally, with franchise opportunities in both markets. For more information, visit www.bgrtheburgerjoint.com.
About American Burger Company
American Roadside Burgers is a tribute to the American roadside burger stands of the past. Using quality ingredients and variety throughout the menu, American Roadside features premium hand pattied ground beef, plus chicken sandwiches, wings and salads, along with side items like french fries, onion rings, mac & cheese, and house-made slaw. For more information, visit www.americanburgerco.com.
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.