Brian Scudamore, founder of O2E Brands, outlines the franchise royalty percentage charged on Shack Shine and 1-800-GOT-JUNK locations.
0:00 / 0:03exact quote · 3.9s
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“So we take an eight percent royalty with Shaq shine, just like we do with one, 800 got jumps.”
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“I don't, I used to, I had a board of advisors, a lot of smart people, but I found that it was, I'm better getting one-on-one advice from a lot of different mentors. And I find that just reaching out to someone, getting a conversation one-on-one is more effecti…”
Brian ScudamoreSep 6, 2016▶ 11:20EP 409: $250 Million 2015 Revenue with 1800GotJunk Founder Brian Scudamore
AssertionNot 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 ScudamoreJan 1, 2020▶ 3:201621 The Unique Way He Plans to Go from $312 Million to $1 Billion
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 ScudamoreJan 1, 2020▶ 6:571621 The Unique Way He Plans to Go from $312 Million to $1 Billion
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 ScudamoreJan 1, 2020▶ 11:311621 The Unique Way He Plans to Go from $312 Million to $1 Billion
PredictionOpen · 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 ScudamoreJan 1, 2020▶ 12:301621 The Unique Way He Plans to Go from $312 Million to $1 Billion
PredictionOpen · timeframe Jan 2025
Brian Scudamore predicts WOW 1 DAY PAINTING will eclipse 1-800-GOT-JUNK
“I know for sure. Wow. One day painting will one day be bigger than one, 800 got junk just because the market is bigger.”
Brian ScudamoreJan 1, 2020▶ 12:431621 The Unique Way He Plans to Go from $312 Million to $1 Billion
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