Chanticleer Holdings Partners with Food Service Industry Consultants
April 16 2019 - 7:00AM
Chanticleer Holdings, Inc. (NASDAQ:
BURG)
(“Chanticleer” or the “Company”), owner, operator, and franchisor
of multiple nationally recognized restaurant brands, today
announced that it has partnered with Food Service Industry
Consultants (“FSIC”) to leverage their comprehensive supply chain
transparency, analytic support services and compliance analytics
platform, IntelliSpend™, to enhance profitability.
Fred Glick, Chanticleer Holdings President, stated, “We are
pleased to announce our newest partnership with FSIC. In today’s
market, it’s more critical than ever to have complete visibility
and control over our entire supply chain in order to maximize
profitability and guest traffic. Since 2001, FSIC has worked with
some of the biggest names in restaurants in our space to help
successfully reduce their costs of goods while improving bottom
lines.”
Glick continued, “The Company’s partnership with FSIC comes on
the heels of our previous recent announcements about our
partnership with Restaurant Revolution Technologies, a partnership
with DoorDash for delivery, and Thanx for its automated customer
engagement platform.
“We’ve now built a platform capable of managing greater scale.
This platform includes a highly experienced restaurant management
team, numerous quality brands, loyal and dedicated employees, and
experienced technology partners that are proven effective.”
Since 2001, FSIC has supported more than 170 restaurant brands
with its experienced supply chain and data professionals. Utilizing
its proprietary transparency and compliance platform,
IntelliSpend™️, FSIC helps restaurant groups reduce cost of goods
up to 10% and ensure a consistent guest experience. The FSIC team
is comprised of industry experts with deep expertise and
understanding of the complexity of foodservice supply chain,
purchasing and pricing.
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings owns,
operates, and franchises fast, casual, and full-service restaurant
brands, including American Burger Company, BGR – Burgers Grilled
Right, Little Big Burger, Just Fresh, and Hooters. For more
information, please visit:
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
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