Israeli Burger Chain Garage Sold for 10 Million Shekels
The Israeli burger chain "Garage" has been sold for approximately 10 million shekels to restaurateur Ran Junger and businessman Tom Carroll. The new owners plan to expand the brand nationwide and launch express dining locations.
The Israeli burger market continues to prove its resilience as one of the most profitable segments in the local restaurant industry, marked by a significant acquisition. The "Garage" burger chain has been sold in a deal valued at approximately 10 million shekels.
The new owners taking over the brand are veteran restaurateur Ran Junger, known for his extensive experience including the "Wolfnights" chain, alongside businessman Tom Carroll. The two have assumed full control of the brand's operations, which currently operates two flagship branches in the Ramat HaChayal neighborhood of Tel Aviv and in Rishon LeZion, according to local media reports.
Over 13 years of operation, "Garage" established itself as an unapologetic alternative to healthy eating trends, focusing on the ultimate cheat meal experience. Its culinary identity relied on decadent, eye-catching dishes that gained widespread popularity among foodies and on social media.
The menu features smash burgers drenched in thick cheddar sauce, deep-fried mac and cheese balls, and signature fries served at an extraordinary length of a full meter. The core asset built over the years is a loyal customer base, which translated in the current transaction into an impressive company valuation at a time when many restaurants are struggling.
However, Junger and Carroll's strategic vision extends well beyond maintaining the status quo. The new owners plan to expand the successful brand with additional branches across various locations in the country.
In addition, the duo plans to develop and launch an express diner operational model, offering a leaner and faster format designed for high-traffic strategic locations to cater to rapid, high-quality consumption of signature dishes.
This transaction reflects broader dynamics in the culinary sector. While many restaurants battle profit erosion, the burger sector maintains its position as an undisputed leader in Israel's delivery market, driven by strong brands and high customer loyalty.
