STOCK TITAN

Happy Belly's HEAL Wellness QSR Secures Real-Estate Location in Whitby's Taunton Gardens

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Happy Belly Food Group has secured a real estate location in Whitby's Taunton Gardens for its HEAL Wellness franchise, marking its 15th Ontario-based location. The QSR, specializing in smoothie bowls, acai bowls, and smoothies, will be situated alongside major retailers like LA Fitness and Farm Boy. The company currently has 421 contractually committed retail locations across all brands in the Happy Belly Portfolio. HEAL's expansion in Whitby targets a health-conscious demographic in the Greater Toronto Area, with several locations under construction and plans for continued growth throughout North America in 2025.

Happy Belly Food Group ha acquisito una posizione immobiliare nei Taunton Gardens di Whitby per il suo franchise HEAL Wellness, segnando la sua 15esima sede in Ontario. Il QSR, specializzato in smoothie bowls, acai bowls e frullati, si troverà accanto a rivenditori importanti come LA Fitness e Farm Boy. L'azienda attualmente conta 421 sedi retail contrattualmente impegnate in tutti i marchi del portafoglio Happy Belly. L'espansione di HEAL a Whitby si rivolge a una clientela attenta alla salute nell'area metropolitana di Toronto, con diverse sedi in costruzione e piani per una continua crescita in tutta Nord America entro il 2025.

Happy Belly Food Group ha asegurado una ubicación inmobiliaria en Taunton Gardens de Whitby para su franquicia HEAL Wellness, marcando su 15ª ubicación en Ontario. El QSR, especializado en tazones de smoothie, tazones de acai y smoothies, estará situado junto a importantes minoristas como LA Fitness y Farm Boy. La compañía actualmente tiene 421 ubicaciones de venta al por menor comprometidas contractualmente en todas las marcas del portafolio Happy Belly. La expansión de HEAL en Whitby tiene como objetivo a un público consciente de la salud en el área metropolitana de Toronto, con varias ubicaciones en construcción y planes para un crecimiento continuo en América del Norte para el 2025.

해피 벨리 푸드 그룹은 온타리오주에서 15번째 위치에 해당하는 HEAL Wellness 프랜차이즈를 위해 휘트비의 타운턴 가든에 부동산 위치를 확보했습니다. 스무디볼, 아사이볼 및 스무디를 전문으로 하는 이 QSR은 LA 피트니스 및 팜 보이와 같은 주요 소매업체 옆에 위치할 것입니다. 회사는 현재 해피 벨리 포트폴리오에 있는 모든 브랜드에서 계약적으로 약속된 421개 소매 위치를 보유하고 있습니다. 휘트비에서의 HEAL 확장은 토론토 대도시 지역의 건강에 관심이 있는 인구를 목표로 하고 있으며, 여러 위치가 공사 중이며 2025년까지 북미 전역에서 지속적인 성장을 계획하고 있습니다.

Happy Belly Food Group a obtenu un emplacement immobilier à Taunton Gardens à Whitby pour sa franchise HEAL Wellness, marquant son 15ème emplacement en Ontario. Ce QSR, spécialisé dans les bols de smoothie, les bols d'açaï et les smoothies, sera situé à côté de grands détaillants comme LA Fitness et Farm Boy. L'entreprise compte actuellement 421 emplacements de vente au détail engagés contractuellement dans toutes les marques du portefeuille Happy Belly. L'expansion de HEAL à Whitby cible une clientèle soucieuse de sa santé dans la région métropolitaine de Toronto, avec plusieurs emplacements en construction et des projets de croissance continue à travers l'Amérique du Nord d'ici 2025.

Happy Belly Food Group hat sich eine Immobilienlage im Taunton Gardens in Whitby für sein Franchise HEAL Wellness gesichert, was die 15. Niederlassung in Ontario markiert. Der QSR, der sich auf Smoothie-Bowls, Acai-Bowls und Smoothies spezialisiert hat, wird neben großen Einzelhändlern wie LA Fitness und Farm Boy angesiedelt. Das Unternehmen verfügt derzeit über 421 vertraglich gebundene Einzelhandelsstandorte in allen Marken des Happy Belly Portfolios. Die Expansion von HEAL in Whitby zielt auf eine gesundheitsbewusste Zielgruppe im Großraum Toronto ab, mit mehreren Standorten im Bau und Plänen für ein kontinuierliches Wachstum in Nordamerika bis 2025.

Positive
  • Secured 15th Ontario location for HEAL Wellness franchise
  • 421 contractually committed retail locations across portfolio brands
  • Strategic location secured in high-traffic retail area alongside major retailers
  • Asset-light franchising model supporting rapid expansion
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - December 3, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is excited to announce that, following its July 11th, 2024 news release regarding the signing of a franchise agreement for HEAL Wellness ("HEAL") in Whitby, Ontario, a real-estate location has now been secured for this franchisee in Taunton Gardens joining LA Fitness, Farm Boy, Sport Check, Staples, Winners and HomeSense. HEAL Wellness is a fresh smoothie bowls, acai bowls, and smoothies quick serve restaurant ("QSR").

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6625/232285_c6f122645463a83f_001.jpg

HEAL 1

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6625/232285_c6f122645463a83f_001full.jpg

"With the addition of our 15th Ontario-based location, we are incredibly proud of the rapid growth and momentum HEAL Wellness has achieved," said Sean Black, Chief Executive Officer of Happy Belly. "The steady signing of franchise agreements and securing of prime real estate locations across Canada demonstrates our ability to quickly scale brands. HEAL is well on its way to becoming a leading national brand."

"The consistent growth of our brands across Canada underscores the strength of our franchising program. Franchisees gain from comprehensive training, continuous mentorship, and a wide range of resources that help streamline operations and foster success. By mitigating the typical risks of entrepreneurship and offering a clear path to profitability, our program continues to attract a strong wave of motivated investors. As our Happy Belly franchise program draws more franchisees to our brands, we're able to accelerate organic growth. Heal, in particular, offers a proven business model that has seen success across various markets, providing franchisees with a clear blueprint for success while minimizing entrepreneurial risks. Our program supports franchisees in reaching their business goals while maintaining the integrity and reputation of our brands."

"Whitby is an excellent location within the Greater Toronto Area for HEAL Wellness, offering a consistent flow of visitors and commuters to its retail hubs. With numerous recreational facilities, parks, and fitness centers, the area attracts a health-conscious demographic that aligns perfectly with HEAL's target market. Whitby's strong local economy, supportive business environment, and community enthusiasm for new culinary experiences make it an ideal setting for a successful acai bowl and smoothie QSR."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6625/232285_c6f122645463a83f_002.jpg

HEAL 2

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6625/232285_c6f122645463a83f_002full.jpg

"With several locations currently under construction, we are excited to open additional units in the near future. As we move forward, our 2025 pipeline of new stores continues to expand with franchise agreements and lease signings progressing across North America. We currently have 421 contractually committed retail locations from area developers across all emerging brands in the Happy Belly Portfolio-whether in development, under construction, or already open. As we open new stores, the Happy Belly footprint continues to grow. Our team is committed to sourcing and evaluating real estate, reviewing franchisee applications, and collaborating closely with area developers to support our asset-light franchising model. By focusing on securing high-quality franchisees and prime real estate locations across Canada, we will further strengthen our expansion efforts."

"We look forward to continuing our accelerated growth both organically with our current brands and inorganically through strategic M&A. The rapid expansion of the Heal Wellness brand exemplifies our ability to execute effectively. As free cash flow from the brand increases, we plan to accelerate our corporate store development schedule with additional growth stemming from our franchise program."

We are just getting started.

For franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at hello@happybellyfg.com.

About Heal Wellness
Heal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more.

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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6625/232285_c6f122645463a83f_003.jpg

Happy Belly Food Group

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6625/232285_c6f122645463a83f_003full.jpg

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/232285

FAQ

Where is HEAL Wellness (HBFGF) opening its new location in Whitby?

HEAL Wellness is opening in Taunton Gardens, Whitby, alongside retailers like LA Fitness, Farm Boy, Sport Check, Staples, Winners and HomeSense.

How many Ontario locations does HEAL Wellness (HBFGF) now have?

With the addition of the Whitby location, HEAL Wellness now has 15 Ontario-based locations.

How many committed retail locations does Happy Belly Food Group (HBFGF) have across all brands?

Happy Belly Food Group has 421 contractually committed retail locations across all emerging brands in their portfolio.

HAPPY BELLY FOOD GRP INC

OTC:HBFGF

HBFGF Rankings

HBFGF Latest News

HBFGF Stock Data

84.40M
111.03M
12.53%
0.32%
Packaged Foods
Consumer Defensive
Link
United States of America
Vancouver