Chanticleer Holdings Wholly Owned Subsidiary Repurchases Annapolis Burgers Grilled Right Location
CHANTICLEER HOLDINGS INC (BURG)
Last chanticleer holdings inc earnings: 11/14 04:00 pm
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Source: GlobeNewswire
CHARLOTTE, N.C., March 07, 2018 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands in the U.S. and abroad, today announced that its wholly owned subsidiary BGR Operations, LLC. has repurchased the Annapolis Burgers Grilled Right (“BGR”) location, making it now a corporate owned store. Rich Adams, President American Roadside Burgers Inc. commented, “We’re pleased to announce the acquisition of this successful BGR location, adding it to our portfolio of stores in the DC area. The store will now be managed by Robert King who oversees all our other BGR stores, with the store revenues now being recognized in our own financial results. This transaction comes on the heels of the recent reimaging of our Tyson’s Mall and original Bethesda locations, illustrating our continuing commitment to the BGR brand.” Adams continued, “We’d like to personally thank franch
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