100% Company Owned Store Expected to be a Top Performer
CHARLOTTE, N.C., Feb. 12, 2019 (GLOBE NEWSWIRE) — Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced the expected soft opening of its newest Little Big Burger in Lake Oswego, near Portland, has been scheduled for this weekend. Shortly thereafter, it expects to hold its grand opening and free burger day, both of which will be announced through social media.
The restaurant is located in Lake Oswego at the Oswego Towne Square near the New Seasons Market. It marks the Company’s 20th Little Big Burger, up from its just eight original. The store was internally financed, and 100% company owned.
Lake Oswego is one of the most affluent suburbs of Portland. Located just eight miles south of downtown Portland, the thriving city of almost 37,000 is centered around the lake of the same name and bordered by the Willamette River, offering wonderful views and great walks. Since the 1930s Lake Oswego has been one of the well-heeled suburbs of Portland, boasting graceful architecture and ample recreation. The parks, public golf course, and meandering picturesque river make the community a pleasant retreat. Portland’s urban amenities are close by and Lake Oswego also supports numerous local cultural endeavors.
Fred Glick, Chanticleer Holdings President stated, “We’re pleased to announce the upcoming opening of our newest
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. Parties interested in franchise opportunities should send an email to email@example.com or visit www.littlebigburger.com.
A video about Little Big Burger may be viewed at the following link: http://www.chanticleerholdings.com/brands/littlebigburger/
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.