QualityStocks would like to highlight
Giggles N' Hugs, Inc. (
OTCQB: GIGL), a first-of-its-kind, award-winning family restaurant and play space that combines organic gourmet food with the play elements for children in a 2500-square-foot play space in the middle of the restaurant. The concept is similar to Chuck E. Cheese, but offers a unique 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 ships slides and swings and a multitude of other toys.
In the company’s news:
On Wednesday, January 13, the leading high-end organic food-focused restaurant and play space, designed specifically to cater to families and children, Giggles N’ Hugs (OTCQB: GIGL), will be prominently featured from 5AM to 9:30AM, live on Los Angeles’ most-watched local AM news, KTLA 5. The first commercial TV station licensed west of the Mississippi River, with a broadcasting record stretching back to 1947, KTLA, the Los Angeles CW affiliate of Chicago-based Tribune Media’s (NYSE: TRCO) Tribune Broadcasting subsidiary, is watched by more adults aged 18 to 49 and 25 to 54 than any other local news in all of Los Angeles.
Needless to say, this is a huge boon for the already thriving Giggles N’ Hugs brand, which has become an extremely popular venue for families who want to get a top-quality meal and also go someplace where their youngest ones can be completely at ease. Voted the number one family restaurant and birthday party place in all LA, Giggles N’ Hugs is proud to welcome the broadcast of KLTA 5’s Morning News with Emmy Award-winning reporter and anchor Wendy Burch to the company’s flagship Century City Westfield Mall location. Giggles N’ Hugs encourages families to RSVP using info@gigglesnhugs.com to take advantage of limited space, as well as have the opportunity to appear on live TV.
The first lucky 30 families to arrive at the event, which will feature free entertainment, food and drinks, will also receive a three-month membership valued at over $90, good at any Giggles N’ Hugs location, including the ones at Glendale Galleria and the Westfield Topanga Shopping Center. Wednesday’s event will also showcase four of the company’s numerous party themes, such as dinosaur, cartoon pups, jungle, mermaid, pirate, princess, rock star, and superheroes for both boys, and girls. Also on-hand at the event will be some of the wonderful live entertainment offerings that Giggles N’ Hugs has become known by parents throughout LA for, including a live music performance by acclaimed local kids music duo BeatBuds, as well as a puppet show, live DJ dance party, and face painting.
This event will bring even more public exposure to the increasingly popular Giggles N’ Hugs family-friendly restaurants and aid in the ongoing expansion of the brand nationwide, as well as globally, under the auspices of such sweetheart deals as the generous opening of Westfield’s (OTC: WEFIF) entire portfolio of malls to the company for future locations. Investors should bear in mind how the company’s extremely attractive business model has already allowed GIGL to rake in over $1.5 million in upfront cash for construction financing from LA-based venues eager to retain Giggles N’ Hugs as a tenant.
This exceptional advantage allows GIGL unprecedented leeway when it comes to expanding the business to more locations and, as Shannon Westmore, VP of Leasing for Westfield, recently put it, Giggles N’ Hugs has already helped transform both the Century City and Topanga malls into major family destinations. This key synergistic factor will continue to play a vital role for GIGL’s business model moving forward, and access to Westfield’s enormous footprint, which saw over 435 million customer visits across 40 malls last year, is just the tip of the iceberg when it comes to expansion potential for the company.
With a firm foundation already established at some of the hottest shopping centers in LA, a sprawling metropolis of over 18.5 million people, GIGL is well on its way to becoming the dominant force in family-friendly restaurants, and offers a wide variety of services to help cement this role, including a child drop off service for parents.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
