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. reports developments tied to its multi-brand restaurant platform and strategy of acquiring and scaling emerging food brands. The company’s recurring updates focus on quick-service and fast-casual concepts, franchise growth, real estate secured for new locations, corporate restaurant openings, and brand-level expansion across Canadian markets.
News for HBFGF commonly covers Heal Wellness, iQ Food Co., Yolks Breakfast, Rosie's Burgers, Via Cibo Italian Street Food and other portfolio brands. Updates also include area development agreements, multi-unit franchise relationships, QSR systemwide sales, audited results, and corporate acquisition activity within franchised and asset-light restaurant concepts.
Happy Belly Food Group (OTCQB: HBFGF) has announced the signing of a new franchise agreement for its Heal Wellness QSR brand in the Yonge & Sheppard area of midtown Toronto, Ontario. Heal Wellness, specializing in fresh smoothie bowls, açaí bowls, and smoothies, continues its expansion as part of Happy Belly's growth strategy.
The company currently operates 27 Heal Wellness locations with 168 more in development. Across all its brands, Happy Belly has secured 626 contractually committed retail franchise locations through area developers, including those in development, under construction, or already operational. The company aims to significantly expand this pipeline in late 2025 and 2026.
Happy Belly Food Group (OTCQB: HBFGF) has secured its first Quebec location for Rosie's Burgers in Montreal's Mile End neighborhood. This marks the first of 10 stores planned for the Greater Montreal Area under a franchise agreement with Carma Hospitality.
The smash burger brand currently has 115 locations secured under Multi-Unit and Area Development agreements across key Canadian provinces. The Mile End location, situated in a high-density, walkable community known for its culinary culture, will begin construction immediately.
Happy Belly's expansion strategy combines franchised growth with corporate store openings. The company currently has 626 contractually committed retail franchise locations across its emerging brands portfolio, positioning itself as Canada's leading restaurant consolidator.
Happy Belly Food Group (OTCQB: HBFGF) has announced the signing of a new franchise agreement for its Heal Wellness QSR brand in Collingwood, Ontario. Heal Wellness, specializing in fresh smoothie bowls, açaí bowls, and smoothies, currently operates 27 locations with an additional 168 locations in the development pipeline.
The company's broader portfolio includes 626 contractually committed retail franchise locations across all brands, including those in development, under construction, or already operational. Happy Belly aims to expand this pipeline significantly during the latter half of 2025 and 2026, positioning Heal Wellness to become North America's leading smoothie bowl chain.
Happy Belly Food Group (OTCQB: HBFGF) announced the opening of its newest Rosie's Burgers location in Calgary's Bridgeland neighborhood, marking the brand's 5th opening this year. The smash burger QSR chain continues its nationwide expansion with 115 locations already secured under Multi-Unit and Area Development agreements across key Canadian provinces.
The company's growth strategy combines franchised expansion with targeted corporate store openings. Happy Belly now has 626 contractually committed retail franchise locations across its emerging brands portfolio, positioning itself as Canada's leading restaurant consolidator.
Happy Belly Food Group (OTCQB: HBFGF) has announced that its Heal Wellness QSR brand has secured a new location in South Surrey's Grandview Central, British Columbia. This marks the fourth location out of a 10-unit agreement with an experienced multi-unit franchisee who operates all existing Heal Wellness locations in the lower mainland.
The new location, scheduled to open in early 2026, will be situated in South Surrey, an affluent area known for its high household incomes and wellness-oriented population. Heal Wellness specializes in fresh smoothie bowls, açaí bowls, and smoothies, targeting a market with no dedicated açaí-focused concept.
Happy Belly Food Group currently has 626 contractually committed retail franchise locations across all its emerging brands, with plans for significant expansion in late 2025 and 2026.
Happy Belly Food Group (OTCQB: HBFGF) has appointed Josh Hone as Vice President of Finance amid steady franchise growth and organic expansion. Hone brings over 15 years of leadership experience in wellness, food & beverage, and financial services sectors.
Josh Hone's credentials include a Bachelor of Commerce in Accounting, an MBA from Laurentian University, and a CPA designation. He previously served as CFO of Lifeist Wellness (TSXV-listed) and held senior roles at Stockyards Beverage Co., Ignite Group of Brands, and other companies, specializing in corporate finance, intercompany consolidations, and acquisitions.
Happy Belly Food Group (OTCQB: HBFGF) has signed a significant area development agreement to open 10 new franchised locations of iQ Food Co. across Atlantic Canada's provinces. This expansion follows Happy Belly's 100% acquisition of iQ Foods in September 2024 and brings the total iQ Foods locations under development to 75 units across Atlantic Canada, British Columbia, Alberta, and Ontario.
iQ Food Co., a premium healthy eating brand, specializes in nutritious bowls, smoothies, sandwiches, soups, and salads. The company strategically positions its locations in urban and central business districts, serving health-conscious customers and offering catering services. Happy Belly's total portfolio now includes 626 units under development agreements across all its emerging brands, with plans for further expansion in late 2025 and 2026.
Happy Belly Food Group (OTCQB: HBFGF) reported its 13th consecutive record quarter in Q2 2025, marking significant growth across key metrics. System-wide sales reached $16.2M, up 114% year-over-year, while total revenues increased 155% to $5.7M.
The company achieved positive net income from operations of $0.11M and Adjusted EBITDA of $0.6M (9.9%). Restaurant count grew to 62 locations, up 138% from the previous year, with 12 new openings in Q2. The company maintains a healthy financial position with $3.0M in cash and $2.7M in working capital.
Post-quarter, Happy Belly acquired Salus Fresh Foods and continued expansion, bringing total restaurant count to 73 locations. The company secured multiple franchise agreements across Canada and entered the US market with a Dallas-Fort Worth development deal.
Happy Belly Food Group (OTCQB: HBFGF) has secured its first Heal Wellness location at University Heights Shopping Centre near the University of Victoria, marking the initial step in their 5-store franchise expansion on Vancouver Island. Construction will commence in Q1 2026 for this quick-service restaurant specializing in smoothie bowls, açaí bowls, and smoothies.
The company strategically chose Vancouver Island for its health-conscious population, active lifestyle, and tourism industry. This location is part of Happy Belly's broader expansion strategy, with 616 retail locations currently under contract across their portfolio, including projects in development, under construction, and operational units.
Happy Belly Food Group (OTCQB: HBFGF) has completed the acquisition of a 50% stake in SALUS Fresh Foods restaurant chain, marking its tenth restaurant brand acquisition. The transaction, valued at $300,000, was executed through the issuance of 272,479 common shares at $1.101 per share, representing approximately 2.4x normalized EBITDA.
SALUS operates as an asset-light, 100% franchised system with 9 locations in Ontario, offering fresh bowls, sandwiches, wraps, soups, smoothies, and healthy treats. This strategic acquisition brings Happy Belly's total portfolio to 12 food brands with 73 restaurants, strengthening its position as Canada's leading consolidator of emerging food brands.
The deal includes an option for Happy Belly to acquire the remaining 50% ownership, and the integration is expected to create significant operational synergies in real-estate, franchising, accounting, purchasing, and marketing.