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Posted On: 02/09/2017 3:08:12 PM
Post# of 3935
CEO to the "GIGL effect" on malls
https://upticknewswire.com/joey-parsi-ceo-of-...t-in-2017/
-Malls want $GIGL because we bring in over 10k in foot traffic per month to each location. Mall foot traffic numbers are down because of online sales
-Malls are rolling out the red carpet for $GIGL
~Over half of building costs for current locations were covered by our landlords(rare to do that)
~General Growth Properties(NYSE: GGP) is offering us $450k + in cash per location. They are also willing to loan us the rest of the money to cover building costs && amortize that loan over the 10 year period of our lease.
~Only true restaurant that has a play area in the middle
https://upticknewswire.com/joey-parsi-ceo-of-...t-in-2017/
-Malls want $GIGL because we bring in over 10k in foot traffic per month to each location. Mall foot traffic numbers are down because of online sales
-Malls are rolling out the red carpet for $GIGL
~Over half of building costs for current locations were covered by our landlords(rare to do that)
~General Growth Properties(NYSE: GGP) is offering us $450k + in cash per location. They are also willing to loan us the rest of the money to cover building costs && amortize that loan over the 10 year period of our lease.
~Only true restaurant that has a play area in the middle
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