Tuesday, August 30, 2016

The Profit - Dilascia Update

Photo - Facebook
Tonight on The Profit Marcus Lemonis is in Los Angeles, California with hopes of making a deal with Dilascia.  Dilascia is a clothing brand created by Patrick Dilascia that focuses on t-shirt designs.  Patrick has hired his sister Kelly as Chief Operating Officer and his brother Daniel as Chief Financial Officer at Dilascia. When Marcus evaluates the business, he sees inventory problems as well as problems with keeping track of sales numbers.

Let's take a look at some information related to Dilascia as well as what kind of deal was made on the show.

Tuesday, August 23, 2016

The Profit - Farrell's Ice Cream Parlour Restaurants Update

Photo - CNBC
Tonight on the season premiere of The Profit Marcus Lemonis is in Buena Park, California with hopes of making a deal with Farrell's Ice Cream Parlour Restaurants. Farrell's Ice Cream Parlour is a chain of restaurants that specialize in ice cream sundaes and also have food and a candy store.  The Farrell's brand once had 130 locations, but after new owners took over all locations eventually closed.  In 2009 the current owners decided to try to resurrect the brand.  They are currently having issue with a few stores losing money and may have expanded too quickly.

Let's take a look at some information related to Farrell's Ice Cream Parlour Restaurants as well as what kind of deal was made on the show.



Tuesday, August 2, 2016

The Profit Returns With New Episodes August 23rd

Season four of The Profit will premiere on CNBC on August 23rd at 10pm ET/PT.  This season will be eleven episodes and the businesses Marcus Lemonis will visit include:
  • Bowery Kitchen Supplies - New York, NY
  • DiLascia - Los Angeles, CA
  • Farrell's Ice Cream Parlour Restaurants - Orange County, CA
  • Flex Watches - Los Angeles, CA
  • Honest Foods Catering - Chicago, IL
  • Murchison-Hume - Los Angeles, CA
  • Pacific Hospitality Design, Inc. - Los Angeles, CA
  • Pollos Al Carbon Los Gemelos, Inc.- Port Chester, NY
  • Susana Monaco - New York, NY
  • Tea2Go - Dallas, TX
  • The Soup Market - Milwaukee, WI

Below are two different premieres of the season if you are interested.  Also, be sure to come back to The Profit Updates after each episode to see how the businesses are doing and if there are any updates on them.





(Business info from BWWTV)

Tuesday, February 9, 2016

The Profit - Mr. Green Tea Update

Tonight on The Profit Marcus Lemonis back in Keyport, New Jersey to do a follow up episode at Mr. Green Tea.  Mr. Green Tea was featured on the first season of The Profit, and Marcus is there to give an update on the episode and also to determine how they should move forward with expansion.  As this site doesn't currently have a post dedicated to the business Mr. Green Tea, I figured I would put one together for this follow-up episode.

Let's take a look at some information related to Mr. Green Tea, and what has happened with the company since Marcus visited in season one.

Tuesday, February 2, 2016

The Profit - Farmgirl Flowers Update

Tonight on The Profit Marcus Lemonis is in San Francisco, California with hopes of making a deal with Farmgirl Flowers.  Farmgirl Flowers is a Silicon Vally Florist company with a unique business model.  They produce a daily bouquet and do not let customers choose their flowers.  Also, they order all of their flowers from local farmers in the US.  Owner Christina Stembel is having trouble raising money for the business and also puts a very large valuation on her company when negotiating with Marcus.

Let's take a look at some information related to Farmgirl Flowers as well as what kind of deal was made on the show.

Tuesday, January 26, 2016

The Profit - 240sweet Update

Tonight on The Profit Marcus Lemonis is in Columbus, Indiana with hopes of making a deal with 240sweet.  240sweet is a gourmet marshmallow company that makes their marshmallows by hand and with all natural ingredients.  While there, Marcus finds a business arrangement that has gone bad involving the father of one of the owners which could jeopardize their production process.  Also an accountant quits, and owners Sam and Alexa don't see eye-to-eye with Marcus.

Let's take a look at some information related to 240sweet as well as what kind of deal was made on the show.

Tuesday, January 19, 2016

The Profit - Inkkas Shoes Update

Photo - Twitter
Tonight on The Profit Marcus Lemonis is in Brooklyn, New York with hopes of making a deal with Inkkas.  Inkkas is primarily a shoe company that makes their shoes with authentic textiles from South America.  While at Inkkas, Marcus finds that the CEO Dan Ben-Nun doesn't know the numbers for his company and has made some bad decisions on product development.

Let's take a look at some information related to Inkkas as well as what kind of deal was made on the show.

Thursday, January 14, 2016

The Partner - New Show on CNBC Where Winner Becomes a Partner of Marcus Lemonis

Photo - CNBC
For the past few days on social media, Marcus Lemonis has been teasing an announcement regarding a new show called The Partner.

Marcus just did a live announcement regarding The Partner on his Facebook Page (Direct Link to video is here).  He stated the show is an opportunity for everyone around the country to apply for the chance to be a partner in every business that has appeared on CNBC's The Profit as well as some other ones.  The prize will be for a 3-year employment contract for $150,000 per year and 1% of the total equity of Marcus Lemonis LLC.  People need to submit video applications and Marcus will select 6 to 8 people to go through a six-week program.  At the end of that, Marcus will select someone to be his partner.  The show is scheduled to air during the summer and new episodes of The Profit will continue in the fall.

It seems like a show that is similar to NBC's The Apprentice where people would compete for a 1-year $250,000 contract to run one of Donald Trump's companies.

I will update this post with more information such as the press release and how to apply once it becomes available.

UPDATE - Here is a link to the press release announcing the show.

UPDATE 2 - The information regarding casting can be found at www.thepartnercasting.com

Tuesday, January 5, 2016

The Profit - Vision Quest Lighting Update

Tonight on The Profit Marcus Lemonis is in Ronkonkoma, NY with hopes of making a deal with Vision Quest Lighting.  Vision Quest is a custom-lighting company that is suffering from slumping sales.  Marcus finds that there is also a large inventory problem and owner Larry is having a hard time getting rid of the inventory.  Larry also has cut a lot of his staff and has borrowed money for the business out of his kid's college fund.

Let's take a look at some information related to Vision Quest Lighting as well as what kind of deal was made on the show.


Tuesday, December 15, 2015

The Profit - KOTA Longboards Update

Tonight on The Profit Marcus Lemonis is in Denver, Colorado with hopes of making a deal with KOTA Longboards.  KOTA Longboards is a skateboard company owned by former US Navy pilot Mike Maloney that specializes in handcrafted high quality longboards.  The problems the company faces include a high employee turnover rate and a limited production line.  Also, Marcus brings in skateboarding legend and entrepreneur Rob Dyrdek to offer some advice on this episode.

Let's take a look at some information related to KOTA Longboards as well as what kind of deal was made on the show.