CHARLOTTE, N.C., Aug. 9, 2012 (GLOBE NEWSWIRE) -- Chanticleer Holdings, Inc. (Nasdaq:HOTR) ("Chanticleer" or the "Company"), a minority owner in the privately-held parent company of the Hooters ® brand, Hooters of America ("HOA"), and a franchisee of international Hooters ® restaurants, announced today its first Hooters ® restaurant in Budapest, Hungary will celebrate its grand opening to the public on August 27, 2012 with a "VIP" opening event set for August 25th.
Hooters ® Budapest is located in the middle of Franz Liszt Square, home of the famous Budapest Franz Liszt Academy of Music, one of Europe's oldest and prestigious music academies. The Square is a popular outdoor pedestrian destination, especially during the summer months.
The restaurant is situated on a boardwalk nestled between Andrassy Fashion Street and the Kiraly walking street, and is approximately 150 feet away from the Octogon, Budapest's largest thoroughfare - where 3 subway lines, 2 tram lines and 4 bus lines meet. Andrassy Street is known for its high fashion brands from Armani to Davidoff, while Kiraly Street is known for its clubs and bars which cater largely to Budapest's under 30 crowd.Alex Hemingway, CEO of Chanticleer Holdings' European operations, commented, "We are extremely excited to begin our European development strategy of Hooters ® restaurants with the opening of this location in Budapest, Hungary. This leasehold of 7,684 square feet has three levels, two bars, 52 state-of-the-art televisions, and capacity for more than 400 customers, including 150 outside seats. The closest local competitor has less than 10 televisions. We are confident the unique Hooters ® experience will be a success in Budapest." Terry Marks, CEO of Hooters of America, LLC, stated, "The expansion of Hooters into Hungary is a testament to the global attraction of the brand, As a commercial, cultural and transportation hub for the country, Budapest provides the perfect destination for Hooters' great food and iconic hospitality. We are thrilled to open in the beautiful capitol city, marking the 28th international country for Hooters."
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV