Charlotte-based Chanticleer Holdings, which owns and operates Hooters restaurants outside the U.S., is buying the only Hooters restaurant in England.
Chanticleer this week said it is purchasing all of the shares of West End Wings Limited, which owns the Hooters in Nottingham, England, for $3.15 million. The deal is set to close Nov. 5. Chanticleer announced in August that it had signed a letter of intent to buy the Nottingham location.
Chanticleer owns and operates Hooters sites in Australia, Hungary and South Africa, and it has plans for Hooters in Brazil.
The Nottingham restaurant is Chanticleer’s seventh Hooters. Chanticleer CEO Mike Pruitt said the deal gives his company the right to open more locations in the U.K. The Nottingham restaurant had roughly $4 million in sales last year, making it 15th among all Hooters worldwide, he said.
Chanticleer is also a minority owner in Hooters of America, the privately held parent company of the Hooters brand.
This month, Chanticleer bought Charlotte-based American Roadside Burgers, in a deal that marks a departure from Chanticleer’s sole focus on Hooters. Chanticleer wants to expand the American Roadside brand internationally.
Roberts: 704-358-5248; Twitter: @DeonERoberts
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