Also in this playlist...
This transcript is automatically generated
-- in -- smiled at this big ideas segment.
Saturday in New York City apartment kitchen now let's say a multi million dollar company with -- locations into a five seats.
Dot -- change in the way we think about -- -- -- now -- Israel co-founder and CEO.
I've got popcorn you know my kids come -- everyday pop up or more and rocker -- the record -- Every single day like we -- me up -- my house.
Soon blossom and this is eligible I mean this is when you're doing right fewer words and they -- just.
-- real world really were they had to get the popcorn.
It's -- we're we're changing exactly what you just said to -- and I just want to thank you guys for having Simon.
How do you corn segment before my segment and -- as the best and how cool is that but yeah you know I I -- kettle corn I thought it could be done better.
More deliciously and naturally and then my wife and I set off -- -- said he site -- said in the New York apartment that's word -- that's what we developed all of our flavors.
And then we set off to Colorado in 2003.
Opened up our first -- kiosk.
And and started popping a multiple flavor of delicious all natural popcorn and we built the business in Colorado from 2003 to 2009.
Multiples multiple stores pop shops pop -- pop kiosks all different units in malls and high -- venues where at the Pepsi Center and other places.
And then in 2009.
We said it's time to franchise.
We started franchising as you guys said we were we got to eighty French 880 units very quickly since 2009 till now.
A hundred franchisees.
And and the amazing thing is this is.
-- one point seven billion dollar industry.
On it there's fifteen billion courts consumed every year one court.
Per week per -- -- and child in America and it's it's a huge huge business and in -- mind it just is not been done that fantastically there's.
Movie theater popcorn microwave is you guys -- I don't.
Susan -- -- really nasty and it's not really -- it's now because it's kids alike you know big day for that movie theater programme ruining my.
So what we've got to get you gotta get -- helping.
Well we use -- royals -- -- -- is the finest natural ingredients select -- amazing flavors and then folks come to our kiosks and our pop shops and our carts and they mixed flavor so you can have how appealing cheesy -- you can -- sweet butter.
And and white -- and if people just go crazy with it with a variety let.
Let's talk got so that's revenue growth of -- 5000%.
Since you started franchising in 2009 but we gotta talk as you pointed out we just talked about corn.
Commodity prices do you hedge against corner and how do you protect -- -- get you past that it increase.
You know it's a great question we haven't and we don't we got since we're fairly large user of the product we've got good supply.
-- and that's -- that's really the issue and you know the commodity prices coming goes you just guys showed in in the last segment.
And so we we actually have been absorbing some of that and we're looking forward to this year we think this -- going to be a banner year actually I -- really really excited for it and I just had to say.
You know our proprietors we call our franchisees proprietor so we have eighty amazing folks out there.
Popping in doing a remarkable job but I just -- to think that because they are the ones that are serving the customers you just talked about nation with a smile doing sampling doing a fantastic job and that I've got an amazing home office we -- up headquarters.
And those guys just hold down the fort and do a great job so.
There are some of our rob behavior -- -- here I think it opened in times where is that we will be.
Well hey I -- show you real quick please stop by one of our -- just good duck popcorn dot com look for one of our pop shops we've got amazing gifts.
We got amazing -- mix up a high fresh bad.
And we thank the guys saying what's this is -- in great.
That then -- featuring as we saw appreciating you guys -- the -- -- you.
Filter by section