Chanticleer Holdings, Inc. (NASDAQ: HOTR), owner and operator of multiple restaurant brands internationally and domestically, announced today the grand opening of its fifth Hooters restaurant in Australia in Townsville, the Company's second location in the Queensland area.
Townsville is a thriving economy, estimated to be growing at 16.5 percent per year, with strong population growth, increases in retail spending, and billions of dollars in mining, construction and infrastructure projects forecasted over the next several years. The area is also home to a thriving military base with 1,500 personnel, three Royal Australian Regiments and a significant number of State and Federal agencies which can drive both lunch and dinner traffic. The new 5,140 sq ft Hooters restaurant will have its VIP opening party April 28, 2015 and the grand opening to the public on May 1.
"After a year of various delays, we are excited to open our Townsville Hooters location and bring the local community their long awaited iconic restaurant. The Queensland area is a vacation destination for tourists from all over the world and we will look to continue to expand our footprint in the area as the market demands the Hooters brand," commented Chairman and CEO of Chanticleer Holdings, Mike Pruitt.
Headquartered in Charlotte, NC, Chanticleer Holdings (HOTR), together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR: The Burger Joint, and owns a majority interest in Just Fresh restaurants in the U.S.
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