Agreement Includes Option for Nine Additional Locations 

CHARLOTTE, N.C., April 23, 2018 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands with 55 locations in the U.S. and abroad, today announced that it has partnered with NASCAR superstar Denny Hamlin to open his first Little Big Burger (“LBB”) store in Cornelius, N.C. The agreement also includes an option for an additional nine potential future locations.

NASCAR Superstar Denny Hamlin

Hamlin is a bona fide NASCAR superstar.  The 2006 Cup Series Rookie of the Year became the first rookie to ever qualify for the NASCAR playoffs and has qualified for the playoffs in 11 of his 12 full seasons racing in NASCAR's elite level.  Hamlin’s 31 Cup Series victories place him 25^th on NASCAR’s all-time win list, which includes a win in the 2016 Daytona 500.  A perennial favorite for the championship, Hamlin currently sits sixth in the 2018 championship point standings. 

“I’m looking forward to opening my first Little Big Burger right down the street from where I live,” said Hamlin.  “I’m a huge fan of Little Big Burger.  The burgers and fries are as good as you can get. I have been impressed with the management team Chanticleer has assembled with Little Big Burger, and I therefore can’t be more excited about being able to further expand this concept to the Charlotte, North Carolina market.”     

Mike Pruitt, Chanticleer Holdings Chief Executive Officer stated, “We’re clearly pleased to have Denny on board, as our partner in this LBB location.  Anyone who follows NASCAR knows what a great driver he is, but he is also a very charitable person who understands the value of giving back. We look forward to working with him to further grow our LBB store count, as well as helping to build awareness and goodwill for the brand.”            

The Little Big Burger brand is a fast-casual restaurant concept offering fresh, high quality cooked-to-order burgers operating out of a small leasehold footprint and leveraging a walk up counter set up.

A video about Little Big Burger may be viewed at the following link: http://www.chanticleerholdings.com/brands/littlebigburger/

About Little Big Burger

Little Big Burger (“LBB”) is a wholly-owned subsidiary of Chanticleer Holdings, Inc. Founded in Portland, OR in 2010, LBB is a counter service, fast-casual restaurant concept offering fresh, high quality cooked-to-order burgers, truffle fries and root beer floats. LBB has developed a cult-like following in the Pacific Northwest by offering a simple menu focused on delicious quality, served in a hip atmosphere. LBB now has 14 locations - 11 in the State of Oregon, one in Charlotte, NC., and two in Southern CA. The Company expects new locations to open soon in Portland, San Diego, Seattle and Austin. Parties interested in franchise opportunities should send an email to mp@chanticleerholdings.com.

About Chanticleer Holdings, Inc.

Headquartered in Charlotte, NC, Chanticleer Holdings owns, operates, and franchises fast, casual, and full-service restaurant brands, with 55 locations of American Burger Company, BGR – Burgers Grilled Right, Little Big Burger, Just Fresh, and Hooters. For more information, please visit: http://www.chanticleerholdings.com

Forward-Looking Statements:

Any statements that are not historical facts contained in this release are “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Contact Information:

Investor Relations
Jason Assad
678-570-6791
Ja@chanticleerholdings.com

A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/df44210e-d39e-4697-a7a9-a025b05bc62c