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Happy Belly Food Group's Heal Wellness QSR Announces That Its Toronto Based Multi-Unit Franchisee has secured 4th Location

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Happy Belly Food Group (OTCQB: HBFGF) announced that multi-unit franchisee David Lamph has secured his 4th Heal Wellness location in Toronto at Cadillac Fairview's Ice Condos. The new location, expected to open in late Q1 2026, will be situated in a high-traffic area near Scotia Bank Arena and CN Tower.

Heal Wellness, a QSR brand specializing in smoothie bowls, currently has 25 locations open across Canada. Happy Belly has secured 591 franchise locations contractually committed across its portfolio, including units in planning, construction, and operation. The company continues to execute its national expansion strategy through organic growth and strategic acquisitions.

Happy Belly Food Group (OTCQB: HBFGF) ha annunciato che il franchisee multi-unit脿 David Lamph ha ottenuto la sua quarta sede Heal Wellness a Toronto, presso gli Ice Condos di Cadillac Fairview. La nuova location, prevista per l'apertura entro la fine del primo trimestre 2026, sar脿 situata in una zona ad alto traffico vicino alla Scotia Bank Arena e alla CN Tower.

Heal Wellness, un marchio QSR specializzato in smoothie bowl, conta attualmente 25 sedi operative in tutto il Canada. Happy Belly ha contratti per 591 sedi in franchising impegnate nel suo portafoglio, comprese unit脿 in fase di pianificazione, costruzione e operativit脿. L'azienda continua a portare avanti la sua strategia di espansione nazionale tramite crescita organica e acquisizioni strategiche.

Happy Belly Food Group (OTCQB: HBFGF) anunci贸 que el franquiciado multiunidad David Lamph ha asegurado su cuarta ubicaci贸n de Heal Wellness en Toronto, en los Ice Condos de Cadillac Fairview. La nueva ubicaci贸n, que se espera abrir a finales del primer trimestre de 2026, estar谩 situada en una zona de alto tr谩fico cerca del Scotia Bank Arena y la CN Tower.

Heal Wellness, una marca QSR especializada en bowls de smoothie, actualmente cuenta con 25 ubicaciones abiertas en todo Canad谩. Happy Belly tiene contratos para 591 ubicaciones de franquicia comprometidas en su portafolio, incluyendo unidades en planificaci贸n, construcci贸n y operaci贸n. La compa帽铆a contin煤a ejecutando su estrategia de expansi贸n nacional mediante crecimiento org谩nico y adquisiciones estrat茅gicas.

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鞀る霐� 氤� 鞝勲 QSR 敫岆灉霌滌澑 Heal Wellness電� 順勳灛 旌愲倶雼� 鞝勳棴鞐� 25臧� 毵れ灔鞚� 鞖挫榿 欷戩瀰雼堧嫟. Happy Belly電� 旮绊殟, 瓯挫劋, 鞖挫榿 欷戩澑 毵れ灔鞚� 韽暔頃� 齑� 591臧滌潣 臧毵轨爯 瓿勳暯鞚� 頇曤炒頃� 靸來儨鞛呺媹雼�. 須岇偓電� 鞙犼赴鞝� 靹膘灔瓿� 鞝勲灥鞝� 鞚胳垬毳� 韱淀暣 鞝勱淡鞝� 頇曥灔 鞝勲灥鞚� 瓿勳啀 鞁ろ枆頃橁碃 鞛堨姷雼堧嫟.

Happy Belly Food Group (OTCQB : HBFGF) a annonc茅 que le franchis茅 multi-sites David Lamph a obtenu son 4e emplacement Heal Wellness 脿 Toronto, aux Ice Condos de Cadillac Fairview. Le nouvel emplacement, dont l'ouverture est pr茅vue fin du premier trimestre 2026, sera situ茅 dans une zone 脿 fort trafic pr猫s de la Scotia Bank Arena et de la CN Tower.

Heal Wellness, une marque QSR sp茅cialis茅e dans les bols de smoothie, compte actuellement 25 emplacements ouverts 脿 travers le Canada. Happy Belly a contractuellement s茅curis茅 591 emplacements franchis茅s dans son portefeuille, incluant des unit茅s en phase de planification, de construction et d'exploitation. L'entreprise poursuit sa strat茅gie d'expansion nationale par une croissance organique et des acquisitions strat茅giques.

Happy Belly Food Group (OTCQB: HBFGF) gab bekannt, dass der Multi-Unit-Franchisenehmer David Lamph seinen vierten Heal Wellness-Standort in Toronto bei den Ice Condos von Cadillac Fairview gesichert hat. Der neue Standort, der voraussichtlich Ende Q1 2026 er枚ffnet wird, befindet sich in einer stark frequentierten Gegend in der N盲he der Scotia Bank Arena und des CN Towers.

Heal Wellness, eine QSR-Marke, die sich auf Smoothie-Bowls spezialisiert hat, verf眉gt derzeit 眉ber 25 offene Standorte in ganz Kanada. Happy Belly hat vertraglich 591 Franchise-Standorte in seinem Portfolio gesichert, einschlie脽lich Standorten in Planung, Bau und Betrieb. Das Unternehmen setzt seine nationale Expansionsstrategie durch organisches Wachstum und strategische 脺bernahmen fort.

Positive
  • Expansion to 4th location in prime high-traffic Toronto area
  • Strong franchise growth with 25 Heal Wellness locations currently operating
  • Large pipeline of 591 contractually committed franchise locations
  • Existing franchisee expanding operations, validating business model
Negative
  • New location won't be operational until late Q1 2026
  • Significant execution risk in managing large number of planned franchise locations

Toronto, Ontario--(Newsfile Corp. - June 24, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands across Canada is pleased to announce that our multi-unit franchisee David Lamph has secured his 4th Heal location in Toronto. This new location is located in Cadillac Fairview's Ice Condos at 16 York Street in Toronto. This will mark the second brand within our portfolio to become operational in this high foot-traffic area comprising of Scotia Bank Arena, Ripley's Believe it or Not, CN Tower and Rogers Center. This location is expected to open in late Q1of 2026. Heal Wellness ("Heal") is a quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies.

HEAL Wellness 1

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"With every new location signed, Heal Wellness continues to solidify its position as the leading national smoothie bowl brand in Canada. I love seeing the growth of our franchise partners-taking on more brands and more locations-which further validates the strength of our emerging brand portfolio and the reliable foundation our franchising program provides. As summer begins, we look forward to finalizing more deals adding to our predictable future growth in 2025 and 2026 across Canada," said Sean Black, Chief Executive Officer, Happy Belly.

"With Heal now having 25 locations open our national expansion strategy continues to see tremendous growth. Our steady flow of store openings is the directly result of Happy Belly's disciplined approach to organic and inorganic growth. We have built our brands on the foundation of our 3 P's-delivering a great product, working with great people, and establishing sustainable, scalable processes. This approach has been the driving force behind our success."

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HEAL Wellness 2

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"As we move forward, our focus remains squarely on driving growth through a balanced mix of organic expansion and strategic acquisitions. Our development pipeline across Canada continues to gain momentum, and we expect to announce more openings in the months ahead as we secure new franchise agreements and premium site selections. These milestones underscore our commitment to building a strong, disciplined, and highly scalable growth model. Today, Happy Belly has 591 franchise locations contractually committed across its growing portfolio - spanning units in planning, construction, and operation. We are actively building upon this foundation for 2025 and 2026, aligning with the right partners and premier locations to support the long-term vision of our brand and its stakeholders."

We are just getting started.

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.

Franchising
For franchising inquiries please see or contact us at [email protected].

About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada.

Happy Belly Food Group

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Sean Black
Chief Executive Officer

Shawn Moniz
Chief Operating Officer

FOR FURTHER INFORMATION, PLEASE VISIT:

www: or email [email protected]
If you wish to contact us please call: 1-877-589-8805

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 .

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FAQ

How many Heal Wellness locations does Happy Belly Food Group (HBFGF) currently operate?

Heal Wellness currently has 25 locations open across Canada as part of its national expansion strategy.

When will the new Heal Wellness location at Ice Condos Toronto open?

The new location at 16 York Street in Toronto's Ice Condos is expected to open in late Q1 of 2026.

How many total franchise locations has Happy Belly Food Group (HBFGF) committed to?

Happy Belly has 591 franchise locations contractually committed across its portfolio, including units in planning, construction, and operation.

Where is the new Heal Wellness location in Toronto being opened?

The new location will be at 16 York Street in Cadillac Fairview's Ice Condos, near Scotia Bank Arena, Ripley's Believe it or Not, CN Tower and Rogers Center.

Who is opening the new Heal Wellness location in Toronto?

Multi-unit franchisee David Lamph is opening his fourth Heal Wellness location in Toronto.
Happy Belly Food Group Inc

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100.30M
113.46M
12.32%
0.31%
Packaged Foods
Consumer Defensive
Canada
Vancouver