Long gone are the days when children’s birthday parties
consisted of little more than a homemade cake and a game of pin the tail on the
donkey in the backyard at home. Children’s birthday parties used to be simple
affairs. A few classmates, homemade cake, and classic games such as breaking a
piñata or potato sack races were enough for the big day, but that has changed.
Now, children’s birthday parties are a big business. A 2013 survey by
GigMasters.com, an event entertainment booking service, found that 70 percent
of parents spent at least $300 on their child’s birthday party, while 14
percent spent more than $1,000. Other online surveys place the average cost of
a child’s party between $250-$370. While some parents rent bounce houses and
have a home party, many are opting to outsource the entire event.
Los Angeles-based Giggles N’ Hugs, Inc. (OTCQB: GIGL) is a
first-of-its-kind, award-winning family restaurant and play space that combines
organic gourmet food with play elements for children, featuring a
6,000-square-foot play space in the middle of its restaurants. The concept is similar
to Chuck E. Cheese, but offers a healthier, high-end version for health
conscious parents and families. Parents eat and relax while the kids have an
incredible time playing in the custom-made play area with giant climbers,
dragons, castles, pirate ship slides and swings and a multitude of other toys.
Revenue is derived from several sources, including food and
beverage sales, beer and wine, birthday parties (40 percent), admission and
membership fees to play, along with retail sales.
Giggles N’ Hugs offers one-of-a-kind birthday parties that
are filled with nonstop excitement and exercise, set inside the company’s
dazzling family restaurants and play spaces. When you throw a party at Giggles
N’ Hugs, the hosts take care of every single detail, so you can enjoy the day
completely, secure in the knowledge that its award-winning, professional staff
is handling setup, cleanup, and everything in between. Giggles N’ Hugs has
everything you want at the best price in town: $350 gets you a 2-hour party for
15 guests with organic food, beverages, fresh dessert, activities, return
passes, and themes.
Learn more by visiting www.gigglesnhugs.com
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