News Release - Montreal, Quebec – January 27, 2025: KaleMart24, the pioneering natural convenience store chain, is excited to announce its partnership with Oakscale Food Group to spearhead its franchise expansion into the United States. Leveraging Oakscale’s expertise in franchise development and recruitment, KaleMart24 aims to establish a robust footprint across the U.S. market. Oakscale’s proven track record of identifying and recruiting top-tier franchisees makes them the ideal partner for this venture.
Under this exclusive 10-year agreement, Oakscale will serve as KaleMart24’s sole consultant and advisor for franchise sales in the U.S., utilizing its resources to recruit qualified franchisees and help develop a network of thriving KaleMart24 locations. This partnership aligns with KaleMart24’s vision of making health-focused convenience accessible to communities across the globe.
“Partnering with Oakscale marks a significant milestone for KaleMart24 as we extend our presence beyond Canada,” said Sam, Founder and CEO of KaleMart24. “We are confident in Oakscale’s ability to deliver exceptional results, and we look forward to a successful collaboration as we bring KaleMart24’s unique offerings to the U.S. market.”
The agreement outlines ambitious growth goals, starting with 20 franchise units in the first year and scaling up to a cumulative 350 units by the end of the contract term. With Oakscale’s support, KaleMart24 is poised to become a household name in the U.S. convenience retail landscape.
For franchise inquiries, please contact:
Ryan Durishin
Vice President of Development
ryan@oakscale.com
+1 703-593-9102
About KaleMart24
KaleMart24 is breaking through the mold of convenience stores being associated with junk food by offering healthier choices that cater to a mobile savvy younger generation. KaleMart24 is bringing excitement and fun to the convenience store shopping experience by introducing a sustainable convenience store chain that makes shopping for organic and healthy foods incredibly fun, with the homey feel of a market, yet the modern elegance of an upscale convenience store — more lifestyle brands with high quality fresh food and beverage products. Curating specialty brands and products, KaleMart24 includes all the usual sections of a convenience store, along with a small personal care section, and even a small organic pet section. For more information about KaleMart24, visit www.KaleMart24.com
For further information, please contact:
Oussama (Sam) Saoudi
Chief Executive Officer and Director
514.452.5053
sam@kalemart24.com
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions.
Forward-looking statements or information are based on a number of factors and assumptions which have been used to develop such statements and information, but which may prove to be incorrect. Certain assumptions in respect of continued demand for the Company’s products; that future added production capacity will enable us to increase our sales volume, that we do not experience material interruptions or supply chain failures as a result of a pandemic, our ability to retain key personnel, the availability of labour, and changes and trends in our industry or the global economy are material assumptions made in preparing forward-looking statements or information and management's expectations. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors that could cause actual results to differ materially from those described in such forward- looking information include, but are not limited to: negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; regulatory changes in the Company’s primary markets and the impact of and risks associated with a pandemic, including the risk of disruption at the Company's contracted production facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.
Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.