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Posted On: 06/12/2017 9:14:01 AM
Post# of 106697
$GIGL huge franchising deal signed dollar run starting
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, signed a non binding Letter of Intent (LOI) with City Scape trading (franchisee), a Bahrain-based hospitality company, to open up to two (2) Giggles N’ Hugs franchise locations in Bahrain with additional locations to come if successful.
Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales .
https://finance.yahoo.com/news/giggles-n-hugs...00477.html
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, signed a non binding Letter of Intent (LOI) with City Scape trading (franchisee), a Bahrain-based hospitality company, to open up to two (2) Giggles N’ Hugs franchise locations in Bahrain with additional locations to come if successful.
Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales .
https://finance.yahoo.com/news/giggles-n-hugs...00477.html
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