Kosher fast food chain Zalman's sold for a huge sum
The Israeli kosher fast food chain Zalman's has changed owners: Kamari Retail Group bought half of the business for 3.5 million shekels. The entire brand was valued at 7 million shekels. This was reported by…
Assessment
A kosher fast food chain founded by an American-born Chabad hasid has been valued at 7 million shekels, with half the business sold to Kamari Retail Group for 3.5 million. The sale signals that niche kosher concepts can attract serious investment. Watch whether the new ownership expands Zalman's beyond its current haredi customer base or keeps the format tight.