Giggles N' Hugs
A healthy, delicious, organic menu for families and a custom play area with climbers, dragons, castles, pirate ships, slides, activities and entertainment for kids. A true family restaurant, Giggles N Hugs was created so families can enjoy a gourmet meal together while the parents get to relax, and the kids have a blast. We have 2 locations in premier LA malls with net profit margins of up to 30% and combined annual revenues of $2.6 million. Now, we're raising funds to build our third location.
First to market with one of the most unique concepts in the industry.
A delicious, Organic, gourmet menu for parents as well as a healthy menu for kids with pureed veggies hidden in their favorite dishes.
Celebrity clients at our existing locations include Beyonce and Jay Z, Halle Berry, Jessica Alba, Adele, Sandra Bullock, Adam Sandler, Gwen Stefani, and Jennifer Hudson among many more.
Existing locations Voted #1 family restaurants, #1 indoor play spaces, and #1 birthday party venue in LA by Nickelodeon.
Up to 30% net profit margin.
With mall foot traffic down due to consumers' shift to online shopping, major mall owners throughout the country are offering us significant up front cash and rent discounts to incentivize us to open new locations within their malls. This is because we can bring in the thousands of people that visit us each month, to the malls we open in.
We have assembled one of the best management teams in the restaurant business including the former CEO of Wolfgang Puck Enterprises as our president.
This raise is for a brand new LLC – GNH Restaurant 3 LLC – which will own and operate our third location.