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Hooters will soon be arriving in Budapest.
The chicken-wing chain is set to open its first location in Hungary’s capital city on Aug. 27, according to a news release. The restaurant will be operated by Charlotte-based investment group Chanticleer Holdings, which has a minority ownership in privately held Hooters of America and franchises more than 450 Hooters locations.
Chanticleer acquired exclusive franchise rights to develop Hooters restaurants in Hungary in April 2012, according to the release from Chanticleer. The firm also has rights to expand the chain in South Africa, Australia, parts of Brazil and other international locations.
The Budapest restaurant will be in Franz Liszt Square, a popular outdoor pedestrian spot.
Alex Hemingway, chief executive officer of Chanticleer Holdings’ European operations, has experience running Pizza Hut and Kentucky Fried Chicken in Hungary.
“We are confident the unique Hooters experience will be a success in Budapest,” Hemingway said in the release.
This has been an active year for Chanticleer, which went public in June with an $11 million stock offering under the ticker symbol HOTR. Chanticleer’s stock closed at $3.55 a share on Thursday, down 4.05 percent.
