Multi-Unit Franchisee Magazine Special Edition | Page 58

MULTI-UNIT Buyer’s Guide FOOD Demographics Before locations are accepted, we evaluate them with demographic studies, home population statistics, median income, median home values, and daytime workforce numbers. We look for high-end strip centers and shopping malls with upscale tenants in areas with good accessibility, visibility, and parking. OPPORTUNITY Description We opened our doors in February of 2008 with our first Gigi’s Cupcakes located in Nashville, Tennessee. One year later we opened our first franchise location. Now, about six years later, we have over 90 stores in 19 states with several more locations and states in the pipeline. Over that time, we have built a strong infrastructure for support along with an executive management team to facilitate our continued