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Happy Belly's HEAL Wellness QSR Announces the Opening of Its Newest Location in Vancouver's Beachside Neighbourhood of Kitsilano, British Columbia

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Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) has announced the opening of its newest Heal Wellness location in Vancouver's Kitsilano neighborhood on October 5th, 2024. This marks the 12th Heal Wellness location overall, the 3rd of 10 planned for British Columbia, and the 8th franchised store added to Happy Belly's portfolio this year. The company has a pipeline of 100 committed Heal units across Canada and the U.S.

CEO Sean Black highlighted the company's expansion plans, mentioning that five of their brands currently have store locations under construction. Happy Belly has 376 contractually committed retail locations from area developers across all emerging brands in its portfolio. The company is focusing on sourcing real estate, evaluating franchisee applications, and collaborating with area developers to drive growth through its asset-light franchising model.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ha annunciato l'apertura della sua nuova sede Heal Wellness nel quartiere Kitsilano di Vancouver il 5 ottobre 2024. Questo segna il 12° negozio Heal Wellness in totale, il 3° dei 10 previsti per la Columbia Britannica e l'8° negozio in franchising aggiunto al portafoglio di Happy Belly quest'anno. L'azienda ha un progetto di 100 unità Heal impegnate in Canada e negli Stati Uniti.

Il CEO Sean Black ha sottolineato i piani di espansione dell'azienda, menzionando che cinque dei loro marchi hanno attualmente sedi in fase di costruzione. Happy Belly ha 376 sedi di vendita al dettaglio contrattualmente impegnate da sviluppatori locali in tutti i marchi emergenti del suo portafoglio. L’azienda si sta concentrando sull'acquisizione di immobili, valutando le domande di franchisee e collaborando con gli sviluppatori locali per promuovere la crescita attraverso il suo modello di franchising leggero.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ha anunciado la apertura de su nueva ubicación Heal Wellness en el vecindario Kitsilano de Vancouver el 5 de octubre de 2024. Esto marca la 12ª ubicación Heal Wellness en total, la 3ª de 10 planeadas para Columbia Británica y la 8ª tienda franquiciada añadida al portafolio de Happy Belly este año. La compañía tiene un pipeline de 100 unidades Heal comprometidas en Canadá y Estados Unidos.

El CEO Sean Black destacó los planes de expansión de la compañía, mencionando que cinco de sus marcas tienen actualmente ubicaciones en construcción. Happy Belly cuenta con 376 ubicaciones minoristas contractualmente comprometidas de desarrolladores locales en todas las marcas emergentes de su portafolio. La empresa se está enfocando en la adquisición de bienes raíces, evaluando solicitudes de franquiciados y colaborando con desarrolladores locales para impulsar el crecimiento a través de su modelo de franquicia ligero.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF)는 2024년 10월 5일 밴쿠버 킷실라노 지역에 새 Heal Wellness 매장을 개설한다고 발표했습니다. 이는 총 12번째 Heal Wellness 매장으로, 브리티시컬럼비아주에서 계획된 10개 중 3번째이며, 올해 Happy Belly 포트폴리오에 추가된 8번째 프랜차이즈 매장입니다. 회사는 캐나다와 미국 전역에 100개의 확정 Heal 유닛을 보유하고 있습니다.

CEO인 Sean Black은 회사의 확장 계획을 강조하며, 현재 5개의 브랜드가 건설 중인 매장을 보유하고 있다고 언급했습니다. Happy Belly는 모든 신생 브랜드의 영역 개발자로부터 376개의 계약상 약정된 소매 위치를 확보하고 있습니다. 회사는 부동산 확보, 프랜차이즈 신청서 평가 및 지역 개발자와의 협력을 통해 자산 경량 프랜차이징 모델을 통해 성장을 추진하고 있습니다.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) a annoncé l'ouverture de son nouvel emplacement Heal Wellness dans le quartier Kitsilano de Vancouver le 5 octobre 2024. Cela marque le 12ème emplacement Heal Wellness au total, le 3ème sur 10 prévu pour la Colombie-Britannique, et le 8ème magasin en franchise ajouté au portefeuille de Happy Belly cette année. L'entreprise dispose d'un pipeline de 100 unités Heal engagées à travers le Canada et les États-Unis.

Le PDG Sean Black a souligné les plans d'expansion de l'entreprise, mentionnant que cinq de leurs marques ont actuellement des emplacements en construction. Happy Belly possède 376 espaces de vente au détail contractuellement engagés par des développeurs locaux dans toutes les marques émergentes de son portefeuille. L'entreprise se concentre sur l'acquisition de biens immobiliers, l'évaluation des demandes de franchisés et la collaboration avec des développeurs locaux pour stimuler la croissance grâce à son modèle de franchise léger.

Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) hat die Eröffnung seiner neuesten Heal Wellness Filiale im Vancouverer Stadtteil Kitsilano zum 5. Oktober 2024 angekündigt. Dies markiert die 12. Heal Wellness Filiale insgesamt, die 3. von 10, die für British Columbia geplant sind, und die 8. Franchise-Filiale, die in diesem Jahr zum Portfolio von Happy Belly hinzugefügt wurde. Das Unternehmen hat ein Projekt von 100 festen Heal-Einheiten in Kanada und den USA.

CEO Sean Black hob die Expansionspläne des Unternehmens hervor und erwähnte, dass fünf ihrer Marken derzeit Filialen im Bau haben. Happy Belly hat 376 vertraglich zugesagte Einzelhandelsstandorte von örtlichen Entwicklern für alle aufstrebenden Marken in seinem Portfolio. Das Unternehmen konzentriert sich auf die Beschaffung von Immobilien, die Bewertung von Franchiseanträgen und die Zusammenarbeit mit örtlichen Entwicklern, um das Wachstum durch ein leichtes Franchise-Modell voranzutreiben.

Positive
  • Opening of the 12th Heal Wellness location, expanding the brand's presence
  • Pipeline of 100 committed Heal units across Canada and the U.S.
  • 376 contractually committed retail locations across all Happy Belly brands
  • Expansion of franchise program with 8 franchised stores added this year
  • Potential for accelerated corporate store development due to increasing free cash flow
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - October 4, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce the opening of its newest Heal Wellness location in the Kitsilano neighbourhood of Vancouver, British Columbia, this Saturday October 5th, 2024.

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Heal Wellness 1

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"Opening our latest Heal Wellness franchise, offering fresh smoothie bowls, açaí bowls, and smoothies, marks another milestone for both Heal and Happy Belly's portfolio of emerging brands in 2024," said Sean Black, CEO of Happy Belly. "This will be Heal's twelfth (12th) location overall, the third (3rd) of ten (10) planned for British Columbia, and the eighth (8th) franchised store added to the Happy Belly portfolio this year-with many more on the way. With a pipeline of 100 committed Heal units across Canada and the U.S., we are seeing consistent growth of our Heal Wellness brand. Happy Belly plans to continue leveraging our franchising expertise and infrastructure to accelerate expansion."

"As each store opens, our Happy Belly footprint expands. With five (5) of our brands currently having store locations under construction, we look forward to announcing several openings throughout 2024 as we continue to sign franchise agreements and secure prime real estate locations for our franchisees across Canada."

Kitsilano, or "Kits," in Vancouver is an ideal location for an açaí and smoothie restaurant. Known for its active, health-conscious residents, Kitsilano is a vibrant neighborhood where wellness and outdoor living are core to the community's lifestyle. Its proximity to the beach, parks, and yoga studios attracts fitness enthusiasts, surfers, and families who prioritize nutritious and convenient food options. The area's laid-back, beachy atmosphere complements the fresh, natural appeal of açaí bowls and smoothies, making it a perfect fit for a restaurant catering to those seeking healthy, on-the-go meals.

Additionally, Kitsilano's thriving food scene and strong sense of community encourage local support for new and unique dining experiences. The area's blend of young professionals, families, and students creates a diverse customer base with an appreciation for fresh, organic, and sustainable ingredients.

 

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Heal Wellness 2

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"With 376 contractually committed retail locations from area developers across all emerging brands in the Happy Belly Portfolio-whether in the pipeline, under construction, or already opened-our team is focused on sourcing and reviewing real estate, evaluating franchisee applications, and collaborating closely with area developers to drive the growth of our asset-light franchising model. The rapid expansion of the Heal Wellness brand highlights our execution capabilities. As the brand's free cash flow continues to increase, we expect to accelerate our corporate store development, further supported by the ongoing growth of our franchise program."

About Heal Wellness
Heal Wellness was created with a vibrant passion and clear mission: to deliver quick, fresh, and nutritious foods that energize and support an active, on-the-go lifestyle. Our menu features a delicious variety of smoothie bowls and smoothies, packed with ingredients designed to fuel your body and boost your well-being. We carefully select every superfood ingredient, offering acai bowls, smoothies, and super-seed grain bowls that are not only fresh but powerfully nourishing. Each smoothie bowl is made with real fruit and enhanced with superfoods like acai, pitaya, goji berries, chia seeds, and more, giving you a delicious way to energize your day.

About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leading consolidator of emerging food brands.

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Happy Belly

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Happy Belly Food Group
Sean Black
Chief Executive Officer

Shawn Moniz
Chief Operating Officer

FOR FURTHER INFORMATION, PLEASE VISIT:

www: www.happybellyfg.com or email hello@happybellyfg.com
If you wish to contact us please call: (604) 737-2303

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225562

FAQ

When is the new Heal Wellness location in Vancouver's Kitsilano neighborhood opening?

The new Heal Wellness location in Vancouver's Kitsilano neighborhood is opening on October 5th, 2024.

How many Heal Wellness locations does Happy Belly Food Group (HBFGF) now have?

With the new opening, Happy Belly Food Group now has 12 Heal Wellness locations overall.

How many committed Heal Wellness units does Happy Belly Food Group (HBFGF) have in its pipeline?

Happy Belly Food Group has a pipeline of 100 committed Heal Wellness units across Canada and the U.S.

What is the total number of contractually committed retail locations for Happy Belly Food Group (HBFGF)?

Happy Belly Food Group has 376 contractually committed retail locations from area developers across all its emerging brands.

HAPPY BELLY FOOD GRP INC

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