Fourth Hooters Coming to South Africa
Chanticleer Holdings, Inc. (OTCBB: CCLR) today announced plans to open its fourth Hooters location in the Emperors Palace Casino Resort in Johannesburg, South Africa.
The Hooters Emperors Palace will be fully owned and operated by Chanticleer Holdings and is slated to open in December, 2011. The new restaurant will be the Company's fourth Hooters location in South Africa and second location in Johannesburg, with additional restaurants in Durban and Cape Town.
Michael Pruitt, Chief Executive Officer of Chanticleer Holdings, stated, "By leveraging our success operating and collaborating with our partners on Hooters restaurants in Johannesburg, Cape Town and Durban, we are confident that we can not only thrive as owner and operator of the Emperors Palace Hooters, but also provide the people of Johannesburg with the same great food, fun and experience associated with the Hooters' brand."
The original trio of restaurants was part of Chanticleer Holdings' joint venture with SG Shaw Food PTY of Durban, S.A., who sold their shares of the venture to Chanticleer in September 2011. Chanticleer hopes to open at least three additional Hooters restaurants in South Africa over the next five years but believes there is a much greater opportunity in this region and other emerging markets around the world.
"We are delighted to welcome Hooters restaurant to the Emperors Palace family. We believe that Hooters will attract its own loyal patrons and families and will become a unique attraction for Emperors Palace visitors," says Nigel Atherton, Emperors Palace Deputy Chief Operating Officer.
Emperors Palace is situated alongside O.R. Tambo International Airport in Johannesburg, South Africa and has accommodation, a health and beauty spa, a casino, dining options, entertainment choices and conference facilities.
Pruitt concluded, "The Emperors Palace was the perfect choice for Chanticleer's first solely owned Hooters location. The amazing location, exciting events and gaming options combined with the family-friendly atmosphere will be the perfect complement to Hooters' own standards and values."
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