Chanticleer Holdings is a
public company that was formed in 2005 as a business development company and
converted to an operating holding company in 2008. It owns and operates various
restaurant brands in the United States and abroad, but though it has acquired
and operates Hooters-branded restaurants in emerging international markets, it
has yet to own one in the U.S. until now.
Last week, the company
agreed to buy two existing Hooters locations in the Pacific Northwest. By the
end of January, it will have acquired all the shares of Tacoma Wings LLC and Hooters
of Oregon Partners LLC, the owners of two Hooters restaurants in Tacoma,
Washington and Portland, Oregon. At that time, all leasehold and current
franchise rights to those locations will be transferred to Chanticleer.
Hooters is one of the most
well-known restaurant brands in the world and has a menu which consists of
moderately-priced American bar food and the world-famous Hooters girls. The
company currently owns in whole or part of the exclusive franchise rights to
develop and operate Hooters restaurants in South Africa, Hungary, U.K., and
parts of Brazil, and has joint ventured with the current Hooters franchisee in
Australia, while evaluating several additional opportunities internationally
and domestically.
Chanticleer also owns and
operates American Roadside Burgers, a Charlotte, North Carolina based chain
with five locations, and owns a majority interest in Just Fresh Restaurants, a
fresh food-focused casual dining establishment with five locations and also
based in Charlotte. The company continues to evaluate opportunities to grow
both organically and through franchising opportunities for its brands.
For more information about
Chanticleer Holdings and its subsidiaries, visit the website at
www.chanticleerholdings.com
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