Saturday, June 18, 2011

Hooters expands in South Africa

Chanticleer Holdings Inc. of Charlotte has opened its newest Hooters location in Cape Town, South Africa.

The restaurant is one of three in South Africa. The others are in Durban and Johannesburg.

?Bringing Hooters restaurants to Cape Town, which is one of the world?s preeminent tourist cities and fastest-growing economies, solidifies our successful track record for extending the Hooters brand in the global marketplace,? says Michael Pruitt, chief executive of Chanticleer Holdings. ?We see tremendous opportunity in South Africa to introduce Hooters brand food, entertainment and hospitality to its vibrant multi-cultural communities.?

A group of private investors led by Chanticleer Holdings purchased a controlling interest in Atlanta-based Hooters of America in January. The Chanticleer-led consortium acquired the company from the estate of Robert Brooks, who died in 2006. Financial terms weren?t disclosed.

Hooters of America has 20 locations in North Carolina, including several in the Triad.

Chanticleer Holdings Inc. of Charlotte has opened its newest Hooters location in Cape Town, South Africa.

The restaurant is one of three in South Africa. The others are in Durban and Johannesburg.

?Bringing Hooters restaurants to Cape Town, which is one of the world?s preeminent tourist cities and fastest-growing economies, solidifies our successful track record for extending the Hooters brand in the global marketplace,? says Michael Pruitt, chief executive of Chanticleer Holdings. ?We see tremendous opportunity in South Africa to introduce Hooters brand food, entertainment and hospitality to its vibrant multi-cultural communities.?

A group of private investors led by Chanticleer Holdings purchased a controlling interest in Atlanta-based Hooters of America in January. The Chanticleer-led consortium acquired the company from the estate of Robert Brooks, who died in 2006. Financial terms weren?t disclosed.

Hooters of America has 20 locations in North Carolina, including several in the Triad.

Source: http://feeds.bizjournals.com/~r/bizj_triad/~3/_CObMel7EV0/hooters-expands-in-south-africa.html

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