Tuesday, July 10, 2018

The Profit - Simply Slices Update

Tonight on The Profit, Marcus Lemonis is in Crestwood, Illinois hoping to make a deal with Simply Slices.  Simply Slices is a small pizza chain outside of Chicago run by the Pavoni family.  The father Dino wants to take his drive-thru pizza concept nationwide.  Dino is a control freak and is resistant to change which alienates potential franchisees.  It is also causing relationship issues between him and his family.

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

News and Links Related To The Company:

  • The episode was filmed in March 2018 and here is a live Facebook video of Marcus Lemonis during filming. (Link)
  • Here is the Simply Slices website and Facebook page.
  • Simply Slices currently has two locations in Illinois, with one in Crestwood and one in Burbank.
  • Besides pizza, Simply Slices also offers Sno Biz Shave Ice at their locations.
  • Simply Slices Crestwood has great reviews online with 4.5 out of 5 stars on Yelp (59 reviews) and 4.7 out of 5 stars on Google (198 reviews).
  • A 2014 article said the Crestwood location grossed about $500,000 a year. The article discussed franchise fees ($25,000 up front), but it looks like there haven't been any new franchisees since 2014. (Link)
  • The Pavoni Family was featured on World's Strictest Parents in 2010 and here is a video clip that shows Dino making the kids wake up and do chores.
  • Dino's son Derrick Pavoni was recently on American Ninja Warrior. (Link)
  • In a Chicago Tribune article, Dino said he ended up on the show after trying out for ABC’s Shark Tank a few times.  He hoped Marcus Lemonis could help him franchise Simply Slices.  He also said, “It was a lot of reality, more reality than I expected, less business, but the experience was phenomenal."
  • With a tryout for Shark Tank and appearances on World's Strictest Parents, American Ninja Warrior and now The Profit, the Pavoni family is no stranger to reality TV.

The Deal From The Episode Plus Post-Show Updates (this will be updated continually):

  • The Deal - $200,000 for 50% of the franchise concept.  Marcus will allow the Pavoni family to run their two restaurants and Marcus will get his team of 30 plus people to help try to expand the franchise. 
  • We all saw this coming from watching the episode....Marcus walked away from the deal.  
  • Marcus said he learned after the filming  that the Pavoni family appeared on World's Strictest Parents. (Link)
  • UPDATE  - After the episode aired, Simply Slices deactivated all of their social media accounts.  Also fans of The Profit started leaving 1-star reviews for Simply Slices on Yelp, so Yelp has the page as flagged and is trying to clean up those reviews.

*To see how all of the businesses from The Profit are doing, go to the The Profit Updates page, and also Like us on Facebook or Follow Us on Twitter to stay up to date with all things involving The Profit.

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