Happy Belly Food Group's Yolks Breakfast Signs Franchise Agreement and Real-Estate Location in the City of Vaughan, Ontario

Executive Summary

• Happy Belly Food Group’s boutique breakfast brand Yolks signed a franchise agreement and secured real‑estate for a new location in Vaughan, Ontario, with an anticipated opening in summer 2026.
• The Vaughan site adds to Yolys’ growing footprint, marking the third Ontario location and contributing toward the company’s goal of 25 contractually committed Yolks locations in the province.
• The expansion supports Happy Belly’s broader strategy of scaling its portfolio to 666 contracted franchise sites across Canada.

Key Details

• Franchise Agreement: Yolks Breakfast entered into a franchise agreement with an operator for a new restaurant in Vaughan, Ontario.
• Real‑Estate Secured: Site location identified and lease/ownership terms finalized; construction slated for completion before summer 2026.
• Ontario Expansion: This will be the third Yolks location in Ontario, following recent openings in British Columbia, Alberta, Quebec, and a first‑ever Quebec restaurant in Montreal.
• Provincial Commitment: Part of a broader plan to have 25 contractually committed Yolks locations across Ontario.
• Corporate Portfolio Growth: Contributes to Happy Belly’s total of 666 contracted franchise locations spanning multiple emerging food brands.
• Strategic Rationale: Highlights the company’s asset‑light franchising model, disciplined site‑selection focusing on quality real estate, attractive unit economics, and long‑term brand performance.

Notable Quotes

“This signed franchise and real‑estate agreement reflects the continued strength of our asset‑light franchising model and disciplined site‑selection approach – prioritizing quality real estate that supports consistent daily demand, attractive unit economics, and long‑term brand performance.” – Sean Black, CEO, Happy Belly Food Group

“We are just getting started.” – Sean Black, CEO, Happy Belly Food Group