Giggles N’ Hugs, Inc. (GIGL) Knows How to Run a Niche Business
Little did Dorsa and Joey Parsi know, but their idea of creating a kid-friendly restaurant that even parents could enjoy would become a successful business venture right from the beginning. Seeing a need for a restaurant that could deliver both physical fun and nutritious food for the whole family, the Parsi’s opened their own in February 2008 in Brentwood, California. Not long after, Giggles N’ Hugs, Inc. (OTCQB: GIGL) saw quick success followed by an offer from Westfield Corp. (OTC: WEFIF), a major mall developer, for its own place in Westfield Century City Mall. Westfield offered to pay 60% of…