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Chanticleer Holdings to open 3rd Hooters in Africa

Charlotte-based Chanticleer Holdings said it plans to open its its third Hooters restaurant in Cape Town, South Africa.

The restaurant is scheduled to open in March.

Chanticleer’s other South African Hooters are Hooters on the Rocks in Durban and Hooters on the Buzz in Johannesburg.

The three restaurants are part of Chanticleer’s joint venture with SGShaw Food, PTY of Durban, S.A. The firms plan to open at least four more Hooters in South Africa over the next five years.

Formed in 2005, Chanticleer is publicly traded. Its subsidiaries are Chanticleer Advisors, an investment manager, and Avenel Ventures, a consulting firm.

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