American-Style Hot Dog Chain Zalman's to Expand to 40 Branches Nationwide
Translated & summarized from Israel Hayom by baba
The story in 5 lines · by baba
- Kamari Retail Group buys 50% of kosher hot dog chain Zalman's.
- Expansion plans aim for 40 branches nationwide.
- The deal is valued at 7 million shekels.
- Zalman's blends American street food with kosher standards.
- Kamari Retail Group operates numerous convenience and food franchises.
The Israeli kosher food market is seeing a significant deal as Kamari Retail Group acquires a 50% stake in Zalman's, an American-style hot dog chain. The acquisition aims to rapidly expand the brand, with plans to open 20 new branches by the end of the year and a long-term goal of approximately 40 locations across Israel. Zalman's currently operates 12 branches in select locations.
The deal values Zalman's at an estimated 7 million shekels, with Kamari Retail Group paying 3.5 million shekels for its 50% share. This move aligns with the growing trend in the kosher fast-food sector and Kamari Retail Group's strategy to diversify into new food markets. Zalman's success is attributed to its ability to blend an authentic American street food experience with strict kosher standards, making it a popular choice, particularly within the Haredi community.
Kamari Retail Group will manage the operational and development rights for Zalman's in Israel, overseeing expansion, new store openings, commercial development, and brand building. The vision is to bring the authentic American hot dog experience, complete with its characteristic tastes and nostalgic street food appeal, to a wider Israeli audience.
Kamari Retail Group is a major player in Israel's convenience store, food, and retail sectors, operating over 130 convenience stores under brands like Seven Express and Candyland, as well as managing franchises for numerous fast-food and cafe chains, including Arcafe, Roladin, and Golda. The group also has a strategic partnership with Super Sapir Group aimed at improving purchasing terms and profitability.
Moshe Zalman Oliv, owner of Zalman's, stated that the brand was born from a passion for American hot dogs and childhood memories, emphasizing the importance of finding a partner who understands Zalman's is more than just a product but a complete experience. Assaf Kamari, co-owner of Kamari Retail Group, sees Zalman's as a brand with a strong story and excellent product, possessing significant potential to become a nationwide kosher fast-food chain while maintaining its quality and unique American character.
Read the original at Israel HayomMentioned