O2E Brands

17 statements across 2 episodes · 7 bullish · 1 bearish · 1 people on the record · first statement Sep 6, 2016 by Brian Scudamore · said 12 times in 3 episodes since 2016 · across every show →

Mentions by year

brought up most by Nathan Latka (10), Josh Herron (1), Brian Scudamore (1)

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every mention, scene by scene, with the transcript →

Everything said about O2E Brands, oldest first

Sep 6, 2016
Assertion Partly supported
Scudamore: O2E Brands generated $250M in system-wide revenue in 2015
“2015 last year was two hundred and fifty million.”
Brian Scudamore Sep 6, 2016 ▶ 4:40 EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
Sep 6, 2016 bullish
Prediction Not checkable as stated
Scudamore: O2E Brands is building toward a billion-dollar global brand
“We're building a billion dollars globally admired brand. And if I sell to someone, I lose control of that exciting vision and I give up too soon.”
Brian Scudamore Sep 6, 2016 ▶ 14:27 EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
Sep 6, 2016
Assertion Supported
Scudamore: O2E Brands has about 250 franchise partners across all brands
“Right now we have about 250 franchise partners across all brands.”
Brian Scudamore Sep 6, 2016 ▶ 5:07 EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
Sep 6, 2016
Disclosure
Scudamore: O2E Brands raised no outside capital, scaling through franchise fees
“I didn't. Franchising is my way. Yeah. Franchising has been my way of raising money. It's other people's money where they pay a fee to join our system.”
Brian Scudamore Sep 6, 2016 ▶ 9:50 EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
Sep 6, 2016 neutral
Disclosure
Scudamore: O2E Brands will always remain private and never IPO
“Still private. Absolutely. Always will be. What's motivating me is, is growth, not money. So I'm not looking to sell the company, take it public.”
Brian Scudamore Sep 6, 2016 ▶ 9:32 EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
Sep 6, 2016
Assertion Not checkable as stated
Scudamore: O2E Brands receives private equity acquisition emails daily
“I get called all the time. I mean, we get private equity emails, I think on a daily basis.”
Brian Scudamore Sep 6, 2016 ▶ 13:02 EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
Jan 1, 2020 positive
Insight
Brian Scudamore targets unprofessionalized, fragmented home services for new franchise brands
“I find industries that are fragmented, mom and pop, that don't have professionalization yet, or, and haven't taken over the world and in home services in that space.”
Brian Scudamore Jan 1, 2020 ▶ 11:31 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 neutral
Insight
Scudamore: Cross-selling during moves fails because customers are overwhelmed
“You're probably busy and stressed and focused just on the move. And you don't necessarily want to start to think about something else. And we find when we try and pitch customers on it, they're not ready. It's not like a Netflix, hey, people who watch this als…”
Brian Scudamore Jan 1, 2020 ▶ 16:35 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020
Assertion Not checkable as stated
Brian Scudamore fired all 11 employees in 1994 to restart his company
“And so the time in 1994 or five years into the business, one of the stories in the book, I fired my entire company, 11 employees. One bad apple spoils a whole bunch. I had nine bad apples and I just said, I'm going to start again. Going from five trucks down t…”
Brian Scudamore Jan 1, 2020 ▶ 17:47 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 bullish
Prediction Not checkable as stated
Brian Scudamore aims for Shack Shine to hit $9 million in revenue
“Shaq Shine is we're on the shine for nine. We call it trying to get to nine million this year, but it will also hit a tipping point probably next year where the momentum starts to kick in its favor.”
Brian Scudamore Jan 1, 2020 ▶ 15:25 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 bullish
Prediction Open · timeframe Jan 2025
Scudamore: 1-800-GOT-JUNK Will Reach $1 Billion on Its Own
“We know that one 800 got junk on its own will get to a billion.”
Brian Scudamore Jan 1, 2020 ▶ 12:30 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 bullish
Assertion Not checkable as stated
Scudamore: WOW 1 DAY PAINTING is nearing $30 million in revenue
“Wow One Day is just scaring thirty million in revenue.”
Brian Scudamore Jan 1, 2020 ▶ 15:38 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020
Assertion Contradicted
Scudamore: Shack Shine franchises require at least $25,000 liquid capital
“Yeah, we say that someone to start a Shaq shine franchise needs a minimum, 25,000 in liquid capital.”
Brian Scudamore Jan 1, 2020 ▶ 8:05 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020
Assertion Supported
Scudamore: O2E takes an 8% royalty on Shack Shine and 1-800-GOT-JUNK
“So we take an eight percent royalty with Shaq shine, just like we do with one, 800 got jumps.”
Brian Scudamore Jan 1, 2020 ▶ 9:01 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 negative
Insight
Brian Scudamore says multi-concept franchising failed as operators lost focus
“With you move me, we launched overnight with 25 franchise partners. They were all one 800 got junk franchise partners who were ready for more. Why it failed, more than half of them are now gone from you move me and still running one 800 got junk is you've got …”
Brian Scudamore Jan 1, 2020 ▶ 6:57 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 positive
Assertion Not publicly verifiable
Scudamore: O2E Brands does $365M in revenue across four franchise brands
“We will finish this year at about three hundred and twelve million. We're almost done the year. We are as four combined brands, three hundred and sixty five million in revenue and on track to a billion.”
Brian Scudamore Jan 1, 2020 ▶ 3:20 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
Jan 1, 2020 bullish
Assertion Not checkable as stated
Scudamore: You Move Me generates nearly $22 million in revenue
“YouMoveMe is 20, almost twenty-two million.”
Brian Scudamore Jan 1, 2020 ▶ 15:43 1621 The Unique Way He Plans to Go from $312 Million to $1 Billion
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