Giggles N' Hugs (GIGL), a multiple award winning unique restaurant franchise, that has received over 300 franchising offers so far in the US and globally. With revenues of almost $1 million per quarter, growing quarter over quarter, year over year, a tiny float, featured in major news publications like The Wall Street Journal and an amazing star studded Hollywood customer base.
Over 300 franchising offers from as far away as Australia, Germany, England, Dubai, Russia, Singapore and many others. Giggles N’ Hugs (GIGL) are about to launch their massive franchising program. As company founder Joey Parsi recently stated "We're in a very enviable position in the restaurant world."
The U.S.’s top three mall operators (Westfield Group, Simon Properties, and General Growth Properties) so badly want Giggles N’ Hugs (GIGL) as tenants in their malls across the country they are offering to pay the majority of Giggles N’ Hugs (GIGL) per restaurant construction cost; this incentive ensures a higher ROI and quicker payback period. They know based upon the success of the current operations that Giggles N’ Hugs (GIGL) will bring huge foot traffic to their malls benefiting everyone.
Giggles N’ Hugs (GIGL) is completely undervalued, respected analyst company Redchip applied a 10.5x EV/EBITDA multiple to the 4Q16E run rate EBITDA projection of $764,735 ($3.06 million over a full-year). Dividing this by the 4Q16E shares outstanding projection of 46.5 million gives a target price of $0.70. This is based upon current numbers, with the coming continued expansion across the nation and globally this share price is going to rocket into the dollars now is the time to buy!
Brand recognition: Giggles N’ Hugs (GIGL) has been featured in numerous popular media outlets, attesting to the company's growing brand recognition. This press coverage includes New York Post, People, Forbes Magazine, Wall Street Journal, LA Times, UK Daily Mail, London Times, Australia Heral Sun Bloomberg Business Week, examiner.com, Entrepreneur, The Herald Sun, OK!, US Weekly and more.
The vision for Giggles N’ Hugs (GIGL) far surpasses just a restaurant rollout. Management has also set its sights on branded merchandising. The Giggles N’ Hugs (GIGL) brand will include merchandise such as food products, high-quality children’s apparel, drink ware, coloring books, and children’s vitamin water. Management plans to sell the merchandise in-store as well as at top-tier retail outlets such as Nordstrom, Bloomingdales, and Whole Foods.
An example of this could be Giggles N’ Hugs (GIGL) kids clothing line, which is slated to include branded kids shirts, hats, pants, bibs, and other apparel.
Many of the Company’s celebrity clientele are frequently photographed, and any pictures of their children wearing Giggles N’ Hugs (GIGL) apparel could provide powerful and free marketing for Giggles N’ Hugs. Typically, top celebrities get paid at least tens of thousands of dollars to wear a particular brand’s clothing.
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