CHARLOTTE, NC / ACCESSWIRE / January 17, 2018 / Chanticleer Holdings, Inc. (NASDAQ: BURG) (”Chanticleer” or the ”Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands in the U.S. and abroad, today announced that it has received permits to begin construction on its new Lake Oswego and Multnomah Oregon locations.
Mike Pruitt, Chanticleer Chief Executive Officer stated, ”We continue to be very pleased at the progress of our continuing national rollout of our Little Big Burger brand. Currently we have 12 stores and expect to double that count in 2018 with an additional 8-12 more locations planned.”
Pruitt continued, ”The value proposition of the Little Big Burger brand remains unique. It is a fast-casual restaurant concept offering fresh, high quality cooked-to-order burgers operating out of a small leasehold footprint and leveraging a walk up counter set up which allows us to maximize operational efficiencies, while reducing operating expenses and typically yielding above industry profit margins. Our recently announced new online ordering capability further compliments the value proposition Little Big Burger offers its loyal customers. Early indications of this proposition are no better evidenced than by noting our previously disclosed Q3 results indicating return on investment of approximately 60%-90%.”
A video about Little Big Burger may be viewed at the following link: http://www.chanticleerholdings.com/brands/littlebigburger/
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 fires 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 12 locations – 11 in the State of Oregon and one in Charlotte, NC. The Company expects new locations to open soon in Portland, San Diego, Seattle and Austin. Parties interested in franchise opportunities should send an email to firstname.lastname@example.org.
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings (BURG), 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.
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