CHANTICLEER HOLDING, INC (Nasadaq HOTR) is being called the next STARBUCKS stock.
Chanticleer Holdings, Inc. (HOTR) owns and operates Hooters® branded restaurants in emerging international markets. As one of the most well-known restaurant brands in the world, Hooters has a menu that consists of moderately-priced American bar food and the world-famous Hooters girls.
The company has ownership interests in the parent company of the Hooters brand, Hooters of America (HOA), four Hooters restaurants in South Africa, one restaurant in Hungary, one Hooters restaurant in Australia, and the exclusive franchise rights to develop and operate Hooters restaurants in three of the most populous states of Brazil: Rio De Janeiro, Minas Gerais, and Espirito Santo.
The first Hooters® restaurant opened October 4, 1983, in Clearwater, Florida. Today there are more than 430 Hooters restaurants in 28 countries. During its history, Hooters has continued to rank high amongst the industry's growth leaders. The Hooters concept has stayed true to its roots with its beach-themed concept, logo, uniform, menu and ambiance being similar to what existed in its original store, and has proven successful in small-town America, major metropolitan areas, and internationally.
In 2011, Chanticleer (NASDAQ: HOTR; HOTRW), together with a group of major private equity investors, acquired Hooters of America (HOA) and its largest franchisee Texas Wings, Inc. Today HOA is the Atlanta-based operator and the franchisor of over 430 restaurants in 28 countries. Chanticleer has rights to develop and operate restaurants in South Africa, Hungary, and parts of Brazil, and has joint ventured with the current franchisee in Australia, while evaluating several additional opportunities.
Chanticleer's core growth strategy involves expanding the Hooters® brand in emerging markets and other rapidly developing global economies. The rising number of middle class consumers in emerging markets is driving the demand for recognized international brands. Targeting underpenetrated international markets with proven market success, the company aims to achieve consistent, above-average growth rates and favorable financial returns for its shareholders.
Key Investment Highlights
• Capitalizing on Globally Recognized Brand with Long History of Success
• Established and Expanding Presence in International Emerging Markets
• Franchise Model Allows for Rapid Turn-key Operations and High Returns
• Well Positioned with Projected Annual Growth Rate > 50%
12-Page Investor Summary
Roll Out Plan
Michael Pruitt, a long-time entrepreneur with a proven track record, possesses the expertise to evaluate potential investments, form key relationships and recognize a strong management team. Mr. Pruitt founded Avenel Financial Group, a boutique financial services firm concentrating on emerging technology company investments. The business succeeded immediately, and in order to grow Avenel Financial Group to its full potential and better represent the company's ongoing business model, he formed Avenel Ventures, an innovative technology investment and business development company. In the late 1980s, Mr. Pruitt owned Southern Cartridge, Inc., which he eventually sold to MicroMagnetic, Inc., where he continued working as Executive Vice President and a Board member until the company was sold to Carolina Ribbon in 1992. From 1992 to 1996, Mr. Pruitt worked in a trucking firm where he was instrumental in increasing revenues from $6 million to $30 million. Between 1997 and 2000, Mr. Pruitt assisted several public and private companies in raising capital, recruiting management and preparing companies to go public or be sold. He was the CEO and President of RCG Companies, Inc. (later changed to One Travel), a publicly traded holding company listed on the AMEX. Mr. Pruitt received a Bachelor of Arts degree from Coastal Carolina University in Conway, South Carolina, where he sits on the Board of Visitors of the Wall School of Business, the Coastal Education Foundation Board and the Athletic Committee of the Board of Trustees. He also sits on the Board of Chanticleer Holdings, Inc. (HOTR).
Director of Chanticleer Europe
Alex brings domestic and international executive management experience to the team and a proven track record of success in the Central European QSR industry. Between 1999-2005, Alex was President and Chief Executive of Central European Franchise Group ("CEFG"), the owner and operator of the Pizza Hut and Kentucky Fried Chicken brands in Hungary as well as three local national brands. Both brands boasted the highest customer feedback scores in the region for YUM! Restaurants International. While managing CEFG, Mr. Hemingway was approached by Orient Rt., Central Europe's largest restaurant company with 130+ operating units based in Budapest, to be its Chief Executive Officer. Between the two companies Alex has had over 180 units and 5000 people under his employ. Alex founded and served as the Director of the Fast Food Association of Hungary. He currently serves on the Board of Supervisors of the Budapest Honved Football Club and local charitable foundations.
Eric joined Chanticleer Holdings in February 2011. Mr. Lederer has served as the Company's Controller since February, 2011 and was appointed CFO in June 2012. From December 2005 through January 2011, Eric was the Controller of PokerTek, Inc. (NASDAQ, PTEK), a licensed gaming company that develops and distributes electronic table games, where he was responsible for day-to-day accounting functions and preparing SEC filings. There is no written agreement or contract between Mr. Lederer and the Company.
Amber HarrisonAmber joined Chanticleer in November 2012. Prior to joining Chanticleer Holdings, Amber worked as an attorney at Harrison & Poore, PA and Oracle Law Firm, working mainly in federal law, torts, and contract disputes, employment law, complex business litigation, contract law, anti-trust, mergers & acquisitions, and corporate law. Amber also worked as assistant district attorney at the Cabarrus County District Attorney's office in Concord, NC. Prior, Amber acted as Corporate Counsel and Chief Advisor for DoodleBug Natural Foods, Inc., a multi-national company. Amber received her Juris Doctorate from Charlotte School of Law and her Bachelor's Degree in French and Political Science from the University of North Carolina Wilmington.
Accountant / Corporate Secretary
Michelle joined Chanticleer Holdings in January 2008. She is a 2003 Magna Cum Laude graduate of Winthrop University earning a Bachelor degree in Business Administration with a concentration in Accounting. In May of 2011, Michelle received her Master of Business Administration in Accounting from Winthrop University. She is a member of the South Carolina Association of Public Accountants. Prior to Chanticleer, Michelle worked as an Accounting Manager for a real estate development company headquartered in Charlotte. Prior to this position, Michelle was employed as a Staff Accountant for a local CPA firm which she specialized in corporate taxation.
VP of Investor Relations
Shannon DiGennaro joined Chanticleer Holdings, Inc in May 2012. Prior to joining Chanticleer, she was an institutional sales representative for Maxim Group, a leading investment banking, securities, and investment management firm. She also assisted in the establishment of Maxim Group's Florida branch office. Shannon also worked in institutional sales at Noble Financial Capital Markets, an investment banking boutique focused on small-cap emerging growth companies. Prior she was a credit analyst for Harch Capital. Shannon received her Masters in Accounting from Florida Atlantic University and her B.S. in Finance at Florida State University.
ADDING WARRANT FOR VIEWING! 10-31-2014 - *W EXP 06/21/2017NASDAQ:HOTRW
Chanticleer Holdings Inc *W EXP 06/21/2017NASDAQ:HOTRW
Consumer Discretionary : Hotels, Restaurants & Leisure