For Immediate Release Contact: Jason Nista
Charlie Graingers Franchising LLC Receives $1M in Financing
Wilmington, NC – Charlie Graingers World Famous Hot Dogs, based out of Wilmington, NC, has begun their expansion in the southeast, signing franchise agreements for their restaurants in North Carolina, South Carolina, West Virginia and Florida. Over the first three months of franchising, Charlie Graingers has secured commitments for 24 new locations.
Charlie Graingers is a “southern-street food” restaurant specializing in hot dogs, brisket, bbq, and chicken salad. Charlie Graingers is a revamp of the original Peacock Alley restaurant founded in 1939 in downtown Wilmington. Keeping in the tradition of the original Peacock Alley, Charlie Graingers serves homemade food in a down-home, fast-paced atmosphere.
Charlie Graingers has partnered with Reciprocative LLC to provide franchisees with $1,000,000 in financing. Reciprocative LLC will provide franchisees with startup capital through equity investments and bridge loans.
Chief Executive Officer, Jason Nista, stated: “This is an amazing opportunity for Charlie Graingers and our franchisees. Financing is typically one of the largest hurdles to clear in starting a new business. This partnership allows us to provide franchisees with an in-house option, which will make opening a Charlie Graingers even more accessible.”
Charlie Graingers was founded in 2012 by Louis North on the location of the original Peacock Alley restaurant. North wanted to recreate the memories he had of the hot dog business of yesteryear. Over the last few years he has added slow-cooked brisket, chicken salad, and the signature Short Rib Charlie to the menu to accompany the fresh hot dogs and homemade soups and sides.
Charlie Graingers is looking to continue their expansion in Florida, Georgia, North and South Carolina over the remainder of the year. For an updated list on current locations, visit their website at http://www.charliegraingers.com/locations/