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Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Franchise Agreement for Bradford, Ontario
Newsfile· 2025-11-14 11:00
Core Insights - Happy Belly Food Group Inc. has announced a franchise agreement for Heal Wellness in Bradford, Ontario, which aligns with its asset-light growth strategy in Canada [1][3] - Heal Wellness aims to become North America's leading smoothie bowl chain, focusing on strategic growth and strong store-level economics [3] - The franchisee will benefit from Happy Belly's established operating system, which has proven effective in optimizing unit performance and shortening ramp-up times [3][5] Company Overview - Happy Belly Food Group Inc. specializes in acquiring and scaling emerging food brands across Canada [9] - The company currently has 626 contractually committed retail franchise locations across various stages of development [5] Heal Wellness Brand - Heal Wellness is a quick-service restaurant brand that offers fresh smoothie bowls, açaí bowls, and smoothies, catering to health-conscious consumers [1][6] - The brand has 27 locations operating and over 168 in development, indicating significant expansion potential [5] Market Characteristics - Bradford is identified as an attractive market due to its fast-growing, family-oriented community and strong household incomes, which align with Heal's target customer base [3] - The demographic mix in Bradford, including young families and active professionals, supports the demand for convenient, health-focused meal options [3]
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Franchise Agreement for London, Ontario
Newsfile· 2025-11-13 11:30
Core Insights - Happy Belly Food Group Inc. has announced a franchise agreement for its Heal Wellness brand in London, Ontario, marking a step in its asset-light expansion strategy across Canada [1][3] - Heal Wellness specializes in quick-service offerings such as smoothie bowls and smoothies, targeting health-conscious consumers [1][3] Company Expansion - The London franchise is part of Heal's strategy to establish itself as North America's leading smoothie bowl chain, focusing on organic growth and strong unit economics [3] - Heal currently operates 27 locations and has over 168 in development, contributing to Happy Belly's portfolio of 626 contractually committed retail franchise locations across various stages of development [5] Market Potential - London is identified as an ideal market due to its vibrant neighborhoods, strong daytime traffic, and a large student population from Western University, which has approximately 44,000 students [3] - The franchisee will utilize Happy Belly's proven operational strategies to enhance unit economics and expedite the opening process [3]
Happy Belly Food Group's Heal Wellness QSR Secures First U.S. Real-Estate Location in Lubbock, Texas
Newsfile· 2025-11-06 11:00
Core Insights - Happy Belly Food Group Inc. has announced that its brand Heal Wellness has secured its first U.S. real estate location in Lubbock, Texas, marking a significant step in its expansion strategy [1][3] - The Texas site is expected to cater to a growing demand for smoothie and açaí bowl offerings, supported by favorable demographics and a health-conscious consumer base [3][4] Expansion Strategy - The secured location in Texas is part of a broader plan to establish Heal Wellness as a leading smoothie and açaí bowl brand in North America, with a planned opening in 2026 [3][5] - Heal Wellness currently operates 27 locations and has over 168 in development, contributing to a total of 626 contractually committed retail franchise locations across Happy Belly's portfolio [5] Market Dynamics - Texas is identified as a dynamic consumer market with strong population growth, a warm climate conducive to year-round smoothie consumption, and a robust health-and-fitness culture [3][4] - Lubbock, with a population of over 270,000 and proximity to Texas Tech University, is expected to provide a steady customer base for Heal Wellness [3][4] Business Model - Happy Belly employs an asset-light, franchise-driven growth model, which is demonstrated by the strategic site selection for Heal Wellness [4] - The company emphasizes a disciplined growth approach that aims to create long-term value for shareholders while expanding its brand presence in both Canada and the U.S. [7]
Happy Belly Food Group Announces Secured Real Estate for Heal Wellness in Toronto's Eaton Center
Newsfile· 2025-10-23 10:00
Core Insights - Happy Belly Food Group Inc. has signed a new franchise agreement for Heal Wellness in the Toronto Eaton Centre, enhancing its presence in Cadillac Fairview properties across Canada [1][3] - Heal Wellness specializes in fresh smoothie bowls, açaí bowls, and smoothies, aiming to provide healthy dining options in a fast-casual environment [1][3] Expansion and Growth - The new Heal Wellness location is expected to attract over 50 million annual visitors, capitalizing on the high foot traffic and visibility of the Eaton Centre [3] - Heal Wellness currently operates 27 locations with over 168 in development, contributing to Happy Belly's total of 626 contractually committed retail franchise locations across various emerging brands [5][6] Brand Mission and Offerings - Heal Wellness focuses on delivering quick, fresh wellness foods that support busy lifestyles, featuring a diverse menu enriched with superfoods [5][8] - The company emphasizes the meticulous selection of superfood ingredients to fuel customers' health and wellness [8]
Happy Belly Food Group Announces New Franchise Agreement and Real Estate Secured for Heal Wellness in Airdrie, Alberta
Newsfile· 2025-10-14 10:00
Core Insights - Happy Belly Food Group Inc. has signed a new franchise agreement and secured real estate for Heal Wellness in Airdrie, Alberta, marking a significant step in its expansion strategy across Alberta [1][2]. Company Overview - Happy Belly Food Group Inc. is a leader in acquiring and scaling emerging food brands across Canada [10]. - Heal Wellness specializes in quick-service restaurant offerings, focusing on fresh smoothie bowls, açaí bowls, and smoothies [1][8]. Expansion Strategy - The new location in Airdrie is strategically chosen due to the city's rapid population growth, strong family demographics, and health-conscious residents, making it an ideal market for Heal Wellness [2][4]. - Heal Wellness is accelerating its coast-to-coast expansion, currently operating 27 locations with over 168 in development, contributing to a total of 626 contractually committed retail franchise locations across its portfolio [6]. Market Position - Airdrie is recognized as one of the fastest-growing cities in Canada, providing access to a robust consumer base, including commuters, families, and young professionals seeking nutritious dining options [4]. - Heal Wellness aims to support busy lifestyles by offering quick, fresh wellness foods enriched with superfoods, aligning with the growing demand for health-focused dining options [6][8].
Happy Belly Food Group Announces New Franchise Agreement Signed for Heal Wellness in Barrie, Ontario
Newsfile· 2025-10-10 10:00
Core Insights - Happy Belly Food Group Inc. has signed a franchise agreement for Heal Wellness in Barrie, Ontario, marking the second franchise agreement for the week [1][7] - The company emphasizes the strong market potential in Barrie due to its growing population and health-conscious community [3][4] Company Overview - Happy Belly Food Group is a leader in acquiring and scaling emerging food brands across Canada [12] - The company now has 626 contractually committed retail franchise locations across its portfolio, which includes brands like Heal Wellness, Rosie's Burgers, and Yolks Breakfast [7] Franchise Expansion - Heal Wellness is expanding its presence with 27 locations currently open and over 168 in development [7] - The new franchise in Barrie is expected to cater to a demographic that values convenience and healthy eating, particularly among students and young professionals [4][6] Recent Transactions - The company has completed the acquisition of the remaining 50% ownership interest in Heal Wellness for a total purchase price of approximately $3.9 million CAD [9] - This acquisition involved the transfer of shares and the issuance of new shares, making Heal Wellness a wholly owned subsidiary of Happy Belly [9]
Happy Belly Food Group Announces New Franchise Agreement and Real Estate Signed for Heal Wellness in Cochrane, Alberta
Newsfile· 2025-10-09 10:00
Core Insights - Happy Belly Food Group Inc. has signed a franchise agreement and secured real estate for a new Heal Wellness location in Cochrane, Alberta, as part of its national expansion strategy [1][3][6] - The new location is set to open in Q1 2026 and targets a demographic that values nutritious and convenient food options, aligning with the active lifestyle culture of Cochrane [3][5] - Heal Wellness is expanding rapidly, with 27 locations currently open and over 168 in development across Canada, solidifying its position as a leading quick-service restaurant brand in the wellness sector [7][8] Company Overview - Happy Belly Food Group is focused on acquiring and scaling emerging food brands across Canada, with a diverse portfolio that includes Heal Wellness, Rosie's Burgers, Yolks Breakfast, and Via Cibo Italian Street Food [8][11] - The company currently has 626 contractually committed retail franchise locations in various stages of development, construction, and operation nationwide [8] Market Position - Cochrane is identified as one of Alberta's fastest-growing towns, characterized by a blend of young families, professionals, and outdoor enthusiasts, making it an ideal market for Heal Wellness [5][6] - The Heal Wellness brand is designed to cater to busy, active lifestyles, offering a menu that includes smoothie bowls and super-seed grain bowls made with real fruit and superfoods [7][9]
Happy Belly Food Group Enters into Definitive Agreement in Respect of Call Option to Purchase Remaining 50% of Heal Wellness
Newsfile· 2025-10-02 12:30
Core Viewpoint - Happy Belly Food Group Inc. has entered into a definitive share purchase agreement to acquire the remaining 50% ownership interest in Heal Wellness, aiming to own 100% of the quick-service restaurant brand specializing in fresh smoothie bowls and smoothies [1][8]. Acquisition Details - The acquisition is set to close on October 9, 2025, with a purchase price of $3,896,948 CAD, which will be settled through the transfer of previously issued shares and the issuance of additional shares [8][9]. - Happy Belly initially acquired a controlling interest in Heal Wellness on May 5, 2022, through a share exchange agreement [2][3]. Business Growth - Heal Wellness has expanded from two locations to twenty-seven operating stores across Canada, with a robust pipeline of 168 additional locations under signed agreements [5][6]. - The brand has signed area development agreements in all 10 Canadian provinces and initiated international expansion with a 10-unit development agreement in Dallas-Fort Worth, Texas [6][7]. Strategic Importance - Heal Wellness is considered a cornerstone of Happy Belly's portfolio, demonstrating the effectiveness of the company's model in identifying, scaling, and franchising emerging restaurant brands [7]. - The asset-light franchise program has been pivotal in Heal's rapid growth, allowing for expansion while preserving capital [6][7].
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of 1st Real-Estate Location in Montreal, Quebec
Newsfile· 2025-10-01 10:00
Core Insights - Happy Belly Food Group Inc. has announced the signing of a real-estate location for its brand Heal Wellness in Montreal, Quebec, with a targeted opening in Q1 2026 [1][3] - Heal Wellness specializes in fresh smoothie bowls, açaí bowls, and smoothies, marking a significant step in its coast-to-coast expansion [1][4] Company Expansion - The new location in Quebec is part of Heal Wellness's strategy to establish a footprint in a key growth market, supported by multiple franchise partners in the region [3][4] - Happy Belly currently has 626 contractually committed retail franchise locations across all its emerging brands, with plans to expand this pipeline significantly in the latter half of 2025 and into 2026 [6] Brand Vision - Heal Wellness aims to become North America's leading smoothie bowl chain, focusing on strong unit economics and scalability [4] - The company has 27 locations already operating and 168 more in development, indicating a robust growth trajectory [4]
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Franchise Agreement for Midtown Toronto, Ontario
Newsfile· 2025-09-29 10:00
Core Insights - Happy Belly Food Group Inc. has announced a franchise agreement for Heal Wellness in midtown Toronto, marking a significant step in expanding its brand presence in the quick-service restaurant sector focused on wellness foods [1][3][10] Company Overview - Happy Belly Food Group Inc. is recognized as a leader in acquiring and scaling emerging food brands across Canada [10] - The company currently has 626 contractually committed retail franchise locations across its portfolio, which includes brands in various stages of development [5] Heal Wellness Brand - Heal Wellness specializes in fresh smoothie bowls, açaí bowls, and smoothies, aiming to establish itself as North America's leading smoothie bowl chain [3][7] - The brand emphasizes the use of superfood ingredients in its offerings, catering to health-conscious consumers [7] Growth Strategy - The company plans to drive organic growth and expand its franchise pipeline significantly in the latter half of 2025 and into 2026 [5][3] - Heal Wellness has 27 locations currently operating and 168 more in development, indicating a robust growth trajectory [3]