Giggles N' Hugs, Inc. (GIGL) CEO Discusses 2016 Growth Strategies in Second QualityStocks Interview
SCOTTSDALE, AZ--(Marketwired - Jan 26, 2016) - QualityStocks today announces the availability of a new audio interview with Joey Parsi, founder and chief executive officer of Giggles N' Hugs, Inc. (
Last year was a busy and productive season for Giggles N' Hugs, and Parsi begins the QualityStocks interview by explaining the company's success in streamlining operations, dramatically improving margins, and increasing year-over-year sales.
Building on its 2015 achievements and recent engagement of Chardan Capital Markets LLC, Giggles N' Hugs is well-positioned to execute its 2016 growth initiatives.
"We recently engaged Chardan Capital as our investment bank to go out and raise some capital for us so that we can expand ... to multiple locations throughout the United States ... just as importantly, we're also looking to finally launch our massive franchising program," Parsi explains in the interview.
Giggles N' Hugs has received hundreds of inquiries from interested parties looking to replicate the company's concept and success in various locations around the world.
"We're in a very enviable position in that in the restaurant world ... they say there's three reasons for success. And that's location, location and location. For us, that seems to be the best part of our opportunity going forward," says Parsi.
On the topic of location, Giggles N' Hugs has also caught the eye of several of the nation's largest mall landlords, including Westfield, which has made available its entire portfolio of malls for Giggles N' Hugs to consider as future locations. Westfield in particular is also offering the company a tenant allowance to drastically cut opening and rent costs - all in the name of leveraging Giggles N' Hugs tremendous ability to generate foot traffic at each location.
Moving forward, Giggles N' Hugs aims to raise $5 million through a 506C offering, which will enable the company to fund its 2016 growth initiatives.
"We need capital; obviously that's a primary need for any young company like Giggles N' Hugs, which is on this massive growth spurt ... if you're interested in investing in Giggles N' Hugs, please contact us at email@example.com and we'll be sure to send you all the investment information so that you can make a decision as to whether or not Giggles N' Hugs represents a good opportunity," concludes Parsi.
About Giggles N' Hugs, Inc.
Giggles N' Hugs is the first and only restaurant that brings together high-end, organic food with active, cutting-edge play and entertainment for children. Every Giggles N' Hugs location offers an upscale, family-friendly atmosphere with a dedicated play area that children 10 and younger absolutely love. We feature high-quality menus made from fresh and local foods, nightly entertainment such as magic shows, concerts, puppet shows and face painting, and hugely popular party packages for families that want to do something special.
For more information on GIGL visit: http://GIGL.QualityStocks.net
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This release contains 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.