Giggles N’ Hugs (OTCQB: GIGL) is an award-winning,
health-oriented, family restaurant company based in Los Angeles. Aside from
serving healthier options to both children and adults, the company’s
restaurants offer play areas for kids, meaning that adults can sit back and
relax while children play games, join in with activities, and so on. So far,
GIGL has been voted the “Number 1 Party Place” and was given the award for
“Best Pizza in Los Angeles” by Nickelodeon. It was also awarded “Best Indoor
Playspace” by Red Tricycle and was listed “Best Family & Indoor
Kid-Friendly Restaurant” by CitySearch & GoCityKids.
As it stands, Giggles N’ Hugs has two locations in the top
premier malls in Los Angeles. Not only this, four of the largest mall owners in
the U.S. have offered GIGL up to 75% discount on rent as well as up to three
quarters of a million dollars of cash upfront for each location in order to get
GIGL into their malls across the country. The major mall operators interested
in the relationship include: Westfield Group (OTC: WEFIF), which owns 55
properties across the country; Macerich Group (NYSE: MAC), which owns 62;
General Growth Properties (NYSE: GGP), which owns 135; and Simon Properties
(NYSE: SPG), which owns over 300. Mall owners are offering these opportunities
because GIGL has proven to help turn malls into family destinations and
increase traffic from this market.
In addition to the above developments, GIGL recently
announced its engagement of Kiddos, Inc. and Michelle Steinberg of dOMAIN
Integrated in order to elevate its marketing and PR strategies. Both
organizations are highly trained and have a number of success stories in
marketing, PR and investor relations, as well as the restaurant industry and
merchandising. dOMAIN and Steinberg will help GIGL at a base level to expand
and build partnerships on a nationwide scale.
There is also a growing demand for Giggles N’ Hugs franchise
opportunities from both large multi-unit franchise operators and individuals.
This has led to the opportunity to further expand on a global level. So far,
the company has received interest from potential franchisees in Canada and
nearly every major city in the U.S. Other operators have come from as far as
Asia, Australia, Europe, Latin America, and the Middle East – all key
international markets.
Last but not least, Giggles N’ Hugs has been offered huge
licensing and merchandising opportunities to provide the company with
additional forms of revenue. dOMAIN Integrated offers expertise in extending IP
into licensed products, bringing in celebrities, encouraging new forms of
income, publishing relations, and reaching out to new target markets. The
company has therefore decided to encourage Giggles N’ Hugs to expand into
branded products for a fuller customer experience. These products will be sold
in stores and at a variety of retail outlets. Some merchandise opportunities
include: organic food products, children’s clothing and accessories, drink and
snack ware, coloring books and stickers, and vitamin water for kids.
Learn more by visiting www.gigglesnhugs.com
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