NetworkNewsBreaks – Chanticleer Holdings, Inc. (NASDAQ: HOTR) Sets Steady Pace for Continued Corporate Expansion

Founded in 2005, Chanticleer Holdings (NASDAQ: HOTR) employed a strategically phased growth plan to become the current owner, operator and franchisor of several award-winning regional fast casual brands such as little big burger®, The Burger Joint, American Burger Co., Just Fresh, and Hooters. On par with this growth, the company has steadily increased annual revenues from $1.5 million in 2011 to $43.9 million as of the third quarter of 2016. Chanticleer’s growth strategy remains active, with a goal to accelerate growth and franchising, and, by the year 2020, double its store count to 110-140; increase revenues to between $100 million and $125 million; grow restaurant EBITDA to 16%-20% (compared to 12%-14% for 2016); and EBITDA to 10%-15% (compared to 1%-2% in 2016).

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About Chanticleer Holdings, Inc.

Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), 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.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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