Chanticleer Holdings Wholly Owned Subsidiary Repurchases Columbia Burgers Grilled Right Location
CHARLOTTE, N.C., Oct. 02, 2018 (GLOBE NEWSWIRE) -- 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 its wholly owned subsidiary BGR Operations, LLC. has repurchased the Columbia Maryland Burgers Grilled Right (“BGR”) location, making it now a corporate owned store.
Rich Adams, President American Roadside Burgers Inc. commented, “We’re pleased to announce the acquisition of this successful BGR location, adding it to our portfolio of stores in the DC area. The store will now be managed by Robert King who oversees all our other BGR stores, with the store revenues now being recognized in our own financial results.”
Adams continued, “We’d like to personally thank the Person and Canova Families for making this opportunity possible and for all of their past positive contributions. Together, we are committed to make this a seamless transition with all current staff remaining in place.”
Currently the BGR brand now has 23 locations. Eleven locations are company owned, ten US franchises, and two international franchise locations. BGR is a culinary-driven concept that’s simply a better burger experience. Regionally rooted and nationally acclaimed, BGR uses only the finest products to craft one-of-a-kind burgers alongside all-star sides and shakes.
Individuals are encouraged to visit the new BGR website, which now offers a dedicated page for each store location, providing users with the ability to view menu offerings and prices, as well as delivery services, local specials, and franchise opportunities. Visit the BGR website here: .
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: .
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 and burgers grilled over an open flame. BGR operates stores domestically and internationally, with franchise opportunities in both markets. For more information, visit .
Forward-Looking Statements:
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Contact Information:
Investor Relations
Jason Assad
678-570-6791
