Happy Belly's HEAL Wellness QSR Announces the Opening of its Newest Location in the City of Calgary, Alberta

Core Viewpoint - Happy Belly Food Group Inc. is expanding its Heal Wellness brand with the opening of a new quick serve restaurant in Calgary, marking a significant step in its growth strategy across Canada [1][2]. Expansion Plans - The new Heal Wellness location in Calgary is the 7th store in Western Canada, contributing to a total of 16 locations in the system, with more under construction in Alberta, British Columbia, and Ontario [2][3]. - The company has a contractual commitment for 100 Heal units across Canada and the US, indicating a robust growth trajectory [2]. Growth Strategy - Happy Belly is actively expanding its footprint with six of its QSR brands currently under construction across Canada, with plans for further announcements throughout 2025 [3][4]. - The company has 421 contractually committed retail locations from area developers across all its emerging brands, showcasing a strong pipeline for future growth [4]. Financial Outlook - The rapid expansion of the Heal Wellness brand is expected to enhance the company's free cash flow, which will support an accelerated timeline for corporate store development and franchise growth [4].