Tuesday, January 16, 2018

The Profit - JD Custom Designs

Tonight on The Profit, Marcus Lemonis is in Orange County, California hoping to make a deal with JD Custom Designs. JD Custom Designs is a company that specializes in retail displays.   The owner Jeff can't let go of control, which slows the process, limits creativity and negatively impacts the company.  Marcus must persuade him to let go of some of the control and help his wife Aimee come into her own.

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

Tuesday, January 9, 2018

The Profit - Rayjus Update

Tonight on The Profit, Marcus Lemonis is in Morris, Illinois hoping to make a deal with Rayjus. Rayjus is a sports apparel company that specializes in fishing apparel.  The name Rayjus is a combination of the first names of owners Ray Odom and Justin Romines.  Rayjus has poor employee morale and unfocused owners, including one with a troubling side gig as a radio DJ.  Rayjus also owes the IRS thousands in back taxes.

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

Tuesday, December 19, 2017

The Profit - Mr. Cory's Cookies Update

Tonight on The Profit, Marcus Lemonis is in Englewood, New Jersey hoping to make a deal with Mr. Cory's Cookies.  Mr. Cory's Cookies is owned by Cory Nieves who is a 13-year-old entrepreneur and his mother.  The company is going through growing pains and Cory's mother is resistant to change.  They have also missed a lot of opportunities to expand in retail and with recipe development.  Their product is made with all-natural ingredients causing a short shelf life and the inability to distribute the cookies.

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

Tuesday, December 12, 2017

The Profit - Monica Potter Home Update

Tonight on The Profit, Marcus Lemonis is in Garrettsville, Ohio hoping to make a deal with Monica Potter Home. Monica Potter Home is owned by Monica Potter who was also an actress on NBC's hit show Parenthood.  The business is losing $100,000 a year and even with these losses, Monica is resistant to changes.  There also seems to be tension between the employees that work at Monica Potter Home and the owner Monica.

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

Tuesday, December 5, 2017

The Profit - Detroit Denim Update

Tonight on The Profit, Marcus Lemonis is in Detroit, Michigan hoping to make a deal with Detroit Denim. Detroit Denim is a handmade denim apparel business started by Eric Yelsma in 2010.  Since then Eric has brought on other partners Brenna Lane and Steve Wisinski to help with the business.  Detroit Denim is struggling due to Eric's unwillingness to change the business as well as the complicated processes to make the jeans.  Marcus needs to convince them to change their ways and to expand their business to include other markets.

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

Tuesday, November 28, 2017

The Profit - Tumbleweed Tiny House Company Update

Tonight on The Profit, Marcus Lemonis is in Colorado Springs, Colorado with hopes of making a deal with Tumbleweed Tiny House Company. Tumbleweed Tiny House Co. is a manufacturer of tiny homes owned by Steve and Bernadette Weissman that is struggling with multiple things such as a lack of leadership.  Tumbleweed Tiny House Co. has over $1,000,000 in debt and is on the verge of having to file for bankruptcy.

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

Thursday, November 16, 2017

The Profit Returns For Season Five November 21st

Here is just a reminder that new episodes of The Profit will return to CNBC on November 21st at 10pm ET/PT.  This will be the fifth season of The Profit and the season will be 10 episodes long.  There will be some update episodes and Marcus Lemonis will also visit seven new businesses, which include:
  • Detroit Denim – Detroit, MI
  • Faded Royalty – New York, NY
  • JD Custom Design – Fullerton, CA
  • Monica Potter Home – Cleveland, OH & Garrettsville, OH
  • Mr Cory's Cookies – Englewood, NJ
  • Southern Culture – Atlanta, GA
  • Tumbleweed Tiny House – Colorado Springs, CO



A press release from CNBC about this season is below and there is also a video preview in this post.  As always, come to The Profit Updates to get updates on all of the businesses that appear on the The Profit.


Tuesday, August 1, 2017

The Profit - The Simple Greek Lawsuit

This is somewhat old news as this lawsuit was filed in December 2016, but I figured I would do a post about it as I didn't have anything on the site about it.

Mike Ference and Kathleen Kamouyerou-Ference, owners of My Big Fat Greek Gyro from season 2 of The Profit have filed a lawsuit against Marcus Lemonis and ML Foods.  During the episode, the business was renamed to The Simple Greek and the concept of The Simple Greek began selling franchises.  It appears that Mike and Kathleen claim they were frozen out of their business and haven't received the 45% promised.

The full lawsuit can be read here, but some of the highlights are below:

Thursday, July 27, 2017

Amazing Grapes From 'The Profit' Has Closed

Amazing Grapes in Rancho Santa Margarita, California, which was featured on season two of The Profit has closed.  According to the Amazing Grapes Facebook Page, they shut down in early July 2017.  The closure comes about three years after Marcus Lemonis originally invested in Amazing Grapes.

Dan Isenhart, who was a wine buyer and managing partner at Amazing Grapes, posted the following message on his Facebook about the closing of Amazing Grapes:

Tuesday, July 25, 2017

The Profit - Zoe's Chocolate Company Update

Photo - Facebook
Tonight on The Profit, Marcus Lemonis is in Waynesboro, Pennsylvania hoping to make a deal with Zoe's Chocolate Company.  Zoe's Chocolate Company is a third generation chocolate company run by father George and his three children ZoĆ«, Pantelis and Petros.  Their business is suffering due to old-fashioned marketing strategies and a narrow product line.  There are also no processes in place for things such as processing online orders.  The owners of Zoe's are also reluctant to make any changes to their business.

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