After a long and disastrous night out with their young children, Joey and Dorsa Parsi decided it was finally time to build a place where families can enjoy a nice meal together. Giggles N’ Hugs (OTCQB: GIGL), a children’s play center and restaurant, is a pioneer in the playspace and entertainment industry. This is the only restaurant of its kind that fuses organic food and play for kids.
The 6,000 square foot space includes a 2,000 square foot play area for children to play games and participate in exciting activities. Meanwhile, the restaurant offers healthy food options that parents will enjoy and feel comfortable offering their kids. Children can have nutritious macaroni and cheese, hot dogs, and pizza. The restaurant even sneaks in healthy vegetables like spinach and squash in these popular food items, so children can’t tell the difference. Adults also have a wide selection of entrees, including salads, paninis, and pasta.
Giggles N’ Hugs also provides hosting opportunities for families. Themed birthday parties are a huge hit with parents since the restaurant handles everything from set up to clean up. These parties can also be individualized to suit the needs and wants of the family. The restaurant even plans nightly entertainment, like magic shows, concerts, puppet shows, and more, to keep children engaged and the adults happy.
Despite opening its doors during a recession, Giggles N’ Hugs has grown exponentially since 2004. The company recently partnered with Chardon Capital, an investment bank, to help raise capital to further its expansion goals. Giggles N’ Hugs intends to raise $5 million through a 506c offering to help fund 2016’s growth initiatives, which include adding more locations. So far, Westfield Corp. (OTC: WEFIF), a leading mall landlord, has given the company access to its entire mall portfolio for future spaces, since Giggles N’ Hugs provides tremendous foot traffic within its current locations in California.
The company generates its revenue from admission fees, birthday parties, drop-off service, branded in-store and retail outlet merchandising, franchising, and licensing. The company also intends to offer branded items like clothing, lunch boxes, and school supplies for even more growth this year.
Learn more by visiting www.gigglesnhugs.com
Let us hear your thoughts: Giggles ‘N Hugs, Inc. Message Board
