Welcome to our dedicated page for Happy Belly Food Group news (Ticker: HBFGF), a resource for investors and traders seeking the latest updates and insights on Happy Belly Food Group stock.
Happy Belly Food Group Inc. (HBFGF) operates as a consolidator of emerging food brands through an asset-light franchising model and strategic acquisitions in the quick service restaurant sector. This page provides investors and industry observers with timely updates on corporate developments, financial milestones, and operational strategies shaping the company's growth trajectory.
Access a centralized repository of official press releases, earnings reports, and partnership announcements. Track updates across key areas including brand acquisitions, supply chain expansions, and leadership changes. The curated collection enables efficient monitoring of HBFGF's progress in scaling its multi-brand portfolio while maintaining operational efficiency.
Content highlights include strategic initiatives in food service consolidation, franchise network developments, and market positioning within Canada's competitive QSR landscape. All materials are sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for convenient access to verified information about Happy Belly Food Group's business activities. Check regularly for updates on how the company continues to execute its growth strategy through disciplined acquisitions and franchisee support programs.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has signed a significant area development agreement for 25 new franchised locations of Smile Tiger Coffee Roasters in British Columbia. This agreement, signed on February 12th, 2025, follows the recent acquisition of Smile Tiger on January 27th, 2025.
The company has partnered with Scott Grandin, described as one of Canada's top Area Developers in the QSR industry. Happy Belly currently maintains 446 contractually committed retail franchise locations across its portfolio brands, including those in development, under construction, or already operational.
The company's strategy focuses on acquiring cash-flow-positive, debt-free brands with positive same-store sales, aiming to double EBITDA within 24 months. Happy Belly's portfolio includes brands such as Heal Wellness, iQ Foods, Via Cibo, Rosie's Burgers, and Yolks Breakfast.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has appointed David LeBlanc as Director of Design and Construction to support their expansion plans. LeBlanc brings extensive experience from previous roles at Basil Box, b.good, BUILD IT, and MTY, where he worked with CEO Sean Black.
The appointment comes as Happy Belly prepares for what they anticipate to be a record-breaking year for store openings in 2025 and 2026. LeBlanc will collaborate with brand managers, franchisees, and corporate teams to manage design and construction timetables for both corporate and franchisee stores.
His role will focus on efficient execution, scalability, and profitability to maintain Happy Belly's standards during their growth phase. The company aims to achieve disciplined organic growth through both emerging brands and strategic acquisitions.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has announced the opening of its newest Heal Wellness location in Calgary, Alberta. The new store, located in the Mount Royal neighborhood, marks the 7th Heal Wellness store in Western Canada and brings the total system-wide count to 16 locations.
The company has a significant expansion plan with 421 contractually committed retail locations across all brands in their portfolio. Specifically for Heal Wellness, there is a contractual commitment for 100 units across Canada and the US. Multiple locations are currently under construction in Alberta, British Columbia, and Ontario.
Happy Belly operates on an asset-light franchising model, focusing on securing quality franchisees and prime real estate locations. The company expects to accelerate its corporate store development as the brand's free cash flow grows.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has secured a franchise and location for HEAL Wellness in Aurora, Ontario. The new quick-service restaurant (QSR), specializing in smoothie bowls, acai bowls, and smoothies, will be located at 15570 Yonge Street. The location is strategically positioned near Magna International Headquarters and various educational institutions.
The company highlighted Aurora's demographic advantages, including its high median income and health-conscious population. The new location is expected to open in Q2, 2025. Happy Belly currently has 421 retail locations contractually committed across all its emerging brands, including stores in development, under construction, and operational.
The company is implementing an asset-light franchising model and plans to accelerate corporate store development as the brand's free cash flow grows.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has completed its 100% acquisition of Smile Tiger Coffee Roasters on January 27th, 2025, marking its first entry into the coffee sector. The acquisition, valued at $250,000 CDN, was completed through a combination of $125,000 cash and 104,000 common shares worth $125,000.
This represents Happy Belly's 11th brand overall and 9th quick-service restaurant brand, with the purchase price estimated at 3.3x EBITDA based on Smile Tiger's 2024 sales exceeding $1,000,000. The acquisition includes Smile Tiger's coffee roasting capabilities, consumer-packaged goods, and white-label products, enabling Happy Belly to supply its own brands nationwide and capitalize on the growing coffee, tea, bubble tea, and energy drink markets.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has secured a real estate location at 324 Princess Street in Kingston, Ontario for its Heal Wellness franchise, a QSR specializing in smoothie bowls and smoothies. The location is strategically positioned near Queens University, which hosts over 34,000 students, and will be part of the university meal program. The store is expected to open in Q2 2025.
The location benefits from proximity to major retailers like Lululemon and QSR establishments such as McDonalds and Starbucks. Happy Belly currently has 421 retail locations contractually committed across all its brands, including stores in development, under construction, and operational. The company plans to accelerate its corporate store development as the brand's free cash flow grows.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) announced that its Heal Wellness brand has secured its 47th franchise agreement for the Danforth neighborhood in Toronto. The agreement was signed by an existing multi-unit franchisee, who now holds four units in the Toronto area, with their third location on Avenue set to open soon.
Heal Wellness, a QSR specializing in fresh smoothie bowls, acai bowls, and smoothies, is expanding in the Danforth area, known for its health-conscious demographic and high foot traffic. The company currently has 421 retail locations contractually committed across all emerging brands in the Happy Belly portfolio, including stores in development, under construction, and operational.
Happy Belly is focusing on accelerating organic and inorganic growth in 2025, with their first M&A transaction of the year approaching completion. The company operates an asset-light franchising model and continues to evaluate prime real estate and franchise partnerships across Canada.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has secured a national food distribution agreement with Sysco (NYSE: SYY), a global leader in food distribution. The partnership enables all brands in Happy Belly's portfolio to benefit from Sysco's extensive distribution network and purchasing power.
The agreement provides Happy Belly's corporate and franchised locations with consistent access to high-quality products at competitive prices, leveraging economies of scale. Key benefits include reduced food costs, streamlined inventory management, reliable supply chain support, and enhanced operational efficiency through a single point of contact for ordering, billing, and customer service.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has announced the grand opening of its newest HEAL Wellness franchise location at the University of Alberta on January 11th, 2025. This marks the 6th store in Western Canada and brings the total system-wide count to 15 locations.
The company has a significant expansion plan with 421 contractually committed retail locations across all its emerging brands portfolio. Specifically for HEAL Wellness, there is a contractual commitment for 100 units across Canada and the US. Multiple locations are currently under construction in Alberta, British Columbia, and Ontario.
Happy Belly is executing an asset-light franchising model, focusing on securing quality franchisees and prime real estate locations. The company plans to accelerate its corporate store development as the brand's free cash flow grows, while continuing franchise program expansion.
Happy Belly Food Group (CSE: HBFG) (OTCQB: HBFGF) has successfully closed its sixth consecutive above-market non-brokered private placement, raising CAN$500,000 through the issuance of 333,333 units at CAN$1.50 per unit. Each unit comprises one common share and one transferrable warrant, with warrants exercisable at CAN$1.50 for 12 months from closing.
The company recently acquired Smile Tiger Coffee Roasters, establishing its presence in the coffee, tea, bubble tea, energy drinks, and refreshers category. The financing will support both organic and inorganic growth initiatives in 2025, with a focus on pursuing cash-flow accretive M&A opportunities and achieving a cash flow positive state.
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