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).
To learn more, visit www.chanticleerholdings.com
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.
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