Kona Ice

15 statements across 2 episodes · 8 bullish · 2 bearish · 2 people on the record · first statement Nov 6, 2023 by Tony Lamb · said 42 times in 2 episodes since 2023 · across every show →

Mentions by year

brought up most by Tony Lamb (21), Guy Raz (21)

tap a year for its mentions
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2024 14 mentions in 1 episode
2023 28 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Kona Ice, oldest first

Nov 6, 2023 negative
Assertion Supported
Lamb: Mister Softee squeezed franchisees on truck sales and marked-up supplies
“Back in the day, they would sell a truck for a 150,000 dollars, make a lot of money on their trucks, but then the royalty was 3000 dollars a year, and you had to buy all the cones and the cups and stuff from them, and they were marked up pretty substantially.”
Tony Lamb Nov 6, 2023 ▶ 52:26 Kona Ice: Tony Lamb
Nov 6, 2023 negative
What-if
Lamb: Traditional block ice shavers would have killed Kona Ice's scalability
“If I would have had to rely on, I think it's a swan that, that does the big block of vice that, like you're saying, a vice that forces it into an open razor blade that spins on an axis and shaves it off. It produces a very fluffy product. I don't think I would…”
Tony Lamb Nov 6, 2023 ▶ 33:18 Kona Ice: Tony Lamb
Nov 6, 2023
Disclosure
Lamb: Every prospective Kona Ice franchisee must interview directly with him
“I have talked to every single person that owns a Kona franchise. They cannot get into the Kona franchise business to this day, unless we have a conversation.”
Tony Lamb Nov 6, 2023 ▶ 59:20 Kona Ice: Tony Lamb
Nov 6, 2023 neutral
Assertion Partly supported
Lamb: The first Flavor Wave prototype folded out dangerously like a sickle
“The very first flavor wave would fold out from the truck. Ok, so you picture this thing folding out from the truck, and it's made out of aluminum. So, in essence, Guy, there was a two-foot aluminum-edged sickle, as I like to say, driving through neighborhoods.”
Tony Lamb Nov 6, 2023 ▶ 41:33 Kona Ice: Tony Lamb
Nov 6, 2023
Disclosure
Lamb: Paid off $400,000 credit line for Kona Ice in 2008
“I paid the equity line off this in 2008. So I had ran it all the way up to about 400.”
Tony Lamb Nov 6, 2023 ▶ 50:54 Kona Ice: Tony Lamb
Nov 6, 2023 bullish
Opinion
Lamb: Traveling Tom's Coffee unit economics could soon surpass Kona Ice
“I don't think I would have said that a year ago, maybe not even six months ago, but some of the results that our coffee people are having are pretty spectacular.”
Tony Lamb Nov 6, 2023 ▶ 1:09:36 Kona Ice: Tony Lamb
Nov 6, 2023 positive
Opinion
Lamb: In-house financing set Kona Ice apart during 2008 crisis
“That was probably, if there's anything that just set us apart in the early days, is the fact that we had financing and nobody else did.”
Tony Lamb Nov 6, 2023 ▶ 54:28 Kona Ice: Tony Lamb
Nov 6, 2023 positive
Assertion Partly supported
Guy Raz: Kona Ice reached 1,500 trucks and $375M in 2023 sales
“I mean, you've got 1500 trucks just in Kona Ice three hundred and seventy five million dollars in, in system wide sales in 2023.”
Guy Raz Nov 6, 2023 ▶ 1:10:59 Kona Ice: Tony Lamb
Nov 6, 2023
Assertion Supported
Lamb: Kona Ice sold 276 trucks in 2023, yielding $5M-$7M in royalties
“This year we sold 276 trucks, basically. So that's the lion's share of the revenues that come into the, but we're at the point now you're making, you know, I don't know, five, six, seven million in royalty”
Tony Lamb Nov 6, 2023 ▶ 1:01:59 Kona Ice: Tony Lamb
Nov 6, 2023 positive
Assertion Not checkable as stated
Tony Lamb: First Kona Ice truck generated $1,000 per night per subdivision
“So I got this subdivision In Northern Kentucky to an easy thousand dollars a night.”
Tony Lamb Nov 6, 2023 ▶ 49:23 Kona Ice: Tony Lamb
Nov 6, 2023 bullish
Assertion Supported
Lamb: Traveling Tom's Coffee franchise sales grew from 20 to 90 trucks
“October of twenty-twenty, we wrote a prototype of a very elaborate coffee truck that hit the streets, and just a couple of them, and they started doing really well. We put them in a couple other franchisees' hands. The following year, in twenty-twenty-one, I t…”
Tony Lamb Nov 6, 2023 ▶ 1:08:57 Kona Ice: Tony Lamb
Nov 6, 2023 positive
Insight
Lamb: Flat franchise economics prevent top franchisees from controlling the company
“I was talking to an executive at a big franchise system, and you know, they've got probably 20 franchisees that pretty much run the company. You know, whatever those people say goes, because they're the ones generating a lion's share of the profits for the com…”
Tony Lamb Nov 6, 2023 ▶ 1:03:30 Kona Ice: Tony Lamb
Jul 11, 2024 positive
Insight
Tony Lamb: Kona Ice franchisees reach a sweet spot with just a few units
“There is a sweet spot In Kona ice with a couple franchises and maybe an ancillary or two, and you can make plenty of money. You can really have a great life, but everyone kind of gets into this and they're like, Hey, how do I conquer the world?”
Tony Lamb Jul 11, 2024 ▶ 12:46 Advice Line with Tony Lamb of Kona Ice
Jul 11, 2024 positive
Insight
Lamb: Most People Make Great Small Business Owners Rather Than Entrepreneurs
“Not everybody's an entrepreneur and, but there's a lot of people that can be good small business owners, and that's what we try to curate, is, is follow the recipe, be a good small business owner, make a great living, enjoy your life.”
Tony Lamb Jul 11, 2024 ▶ 45:18 Advice Line with Tony Lamb of Kona Ice
Jul 11, 2024
Assertion Supported
Lamb: Kona Ice operates 1,850 shaved ice trucks and 150 coffee trucks
“We have 1850 Kona trucks. Along with about 700 ancillary pieces of equipment, but about a 150 coffee trucks, too.”
Tony Lamb Jul 11, 2024 ▶ 1:59 Advice Line with Tony Lamb of Kona Ice
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