tag:blogger.com,1999:blog-85901575435515911372024-03-05T21:29:06.901-05:00The Profit UpdatesThe Profit Updates has all of the updates for businesses that have appeared on CNBC's The Profit. The site tracks whether the businesses are succeeding or failing as well as any other information regarding the show and Marcus LemonisMatthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.comBlogger98125tag:blogger.com,1999:blog-8590157543551591137.post-83812284861097578352021-09-27T21:10:00.004-04:002021-09-28T23:02:21.771-04:00Zip Kit Homes - The Profit Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEZ8v9QAwSopETH3q-IYkzrX90A8PquHvpdFzC8cG_SsvnQuGSWnYJZyukXCijzY2TG_oQw8DOKziVmK79XyDZ34W1L_aG7rBt-zrt0S6_D-ON4N5MHTXeNLGdWLAHRIv9iNDRk_5Ox6_o/s687/Zip+Kit+Homes+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="367" data-original-width="687" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEZ8v9QAwSopETH3q-IYkzrX90A8PquHvpdFzC8cG_SsvnQuGSWnYJZyukXCijzY2TG_oQw8DOKziVmK79XyDZ34W1L_aG7rBt-zrt0S6_D-ON4N5MHTXeNLGdWLAHRIv9iNDRk_5Ox6_o/s400/Zip+Kit+Homes+The+Profit.PNG" width="400" /></a></div></div><p>This week on the season finale of <i>The Profit</i>, Marcus Lemonis is in Cedar City, Utah to make a deal with Zip Kit Homes. Zip Kit Homes is a company that specializes in high performance, panelized kit homes and they are struggling to keep up with demand for their homes. With options to expand in both the commercial and residential spaces, they are also facing an identity crisis. Marcus will try to get them to focus on laying a firm foundation if they are going to be able to cash in on their potential.</p><br /><br /><br /><br />Let's take a look at some information related to Zip Kit Homes as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><br /><b>News and Links Related To The Company:</b><br /><div dir="ltr" trbidi="on"><ul style="text-align: left;"><li>Here is a ten-minute preview video of the episode from the CNBC YouTube page. (<a href="https://www.youtube.com/watch?v=h4IDsWYb0ew" target="_blank">Link</a>)</li><li>Here is the Zip Kit Homes <a href="https://zipkithomes.com/" target="_blank">website</a> and <a href="https://www.facebook.com/zipkithomes/" target="_blank">Facebook page</a>. </li><li>In February 2021, Marcus Lemonis tweeted about Zip Kit Homes saying it was a cool possible solution to families starting out. (<a href="https://twitter.com/marcuslemonis/status/1365668784120463369?lang=en" target="_blank">Link</a>)</li><li>They also have another business called Timberhawk Homes. That <a href="http://www.timberhawkhomes.com/" target="_blank">website</a> describes the difference between the two divisions:</li><ul><li><b><u>Timberhawk Homes</u></b> – Focused on panelized and system-built homes for multi-home projects like workforce housing, multi-family projects, complete developments, etc.</li><li><b><u>Zip Kit Homes (zipkithome.com)</u></b> – Taking the same panelized, system-built concept to more affordable, small homes.</li><li>It says they have a small factory located in Pocatello ID and another factory is under construction Cedar City UT.</li></ul><li>Zip Kit Homes currently offers nine different floor plans and the cost to build the homes depends on the location where it is built. Bedrooms range from 2 to 6 bedrooms and there is also a multi-unit option. (<a href="https://zipkithomes.com/plans-pricings/#/" target="_blank">Link</a>)</li><li>Zip Kit Homes offer standard floor plans with no customization. Their kits include "all exterior wall panels, interior wall panels, posts, beams, trusses, windows, exterior doors, dry-in materials, etc." They do not include "materials to complete your home – siding, roofing, cabinets, hardware, etc."</li></ul></div><div><br /></div><div><br /></div><br /><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><br /><ul style="text-align: left;"><li><u>The Deal -</u> Marcus offered $1 million for 30% of the business and Marcus wanted the employees to own 20% of the business as part of an ESOP (Employee Stock Ownership Program). This deal was accepted.</li><li>There are nine different models of kit homes and two different models of prefab modulars. (<a href="https://zipkithomes.com/plans-pricings/#/" target="_blank">Link</a>)</li><li>Marcus Lemonis tweeted out a link to a new sleeping pod that is done by Zip Kit Homes. (<a href="https://twitter.com/marcuslemonis/status/1443042136912449539/photo/1" target="_blank">Link</a>)</li><li>Marcus Lemonis has been thanking fans of <i>The Profit</i> for the past eight seasons and it seems as if this will be the last episode ever (<a href="https://twitter.com/marcuslemonis/status/1442990882823757829" target="_blank">Link</a>). He will have a new renovation show on HGTV which is owned by Discovery. </li></ul><br /><br /><br /><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-39707714803456357002021-09-20T21:05:00.005-04:002021-11-20T16:48:10.806-05:00The Crabby Shack - The Profit Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvi0doEJiP6D2pWI7GVGDFpyYxbtLbtfHAOuloG_MayhMYGIoCVHeyzAZODrPhroR362M6i4GFh3DVLmpDayR9f0_GZ0z2PqtWUfUA0nj8G3ElSWtOATZ-GZpbcgR4vGGnliPQ4WuRRufu/s501/The+Profit+The+Crabby+Shack.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="280" data-original-width="501" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvi0doEJiP6D2pWI7GVGDFpyYxbtLbtfHAOuloG_MayhMYGIoCVHeyzAZODrPhroR362M6i4GFh3DVLmpDayR9f0_GZ0z2PqtWUfUA0nj8G3ElSWtOATZ-GZpbcgR4vGGnliPQ4WuRRufu/s400/The+Profit+The+Crabby+Shack.PNG" width="400" /></a></div></div><p>This week on <i>The Profit</i>, Marcus Lemonis is in Brooklyn, New York to make a deal with The Crabby Shack. The Crabby Shack is a seafood restaurant opened by Fifi Bell-Clanton and Gwen Woods in 2014. Their business has grown even during the pandemic and Marcus would like to help them become a successful chain restaurant that could reach more people. </p><br /><br />Let's take a look at some information related to The Crabby Shack as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><b>News and Links Related To The Company:</b><br /><div dir="ltr" trbidi="on"><ul style="text-align: left;"><li>Here is a ten-minute preview <a href="https://www.youtube.com/watch?v=N7d_tGUlzeI" target="_blank">video</a> of the episode from the CNBC YouTube page.</li><li>Here is the Crabby Shack <a href="https://thecrabbyshack.com/" target="_blank">website</a> and <a href="https://www.facebook.com/CrabbyShackBK" target="_blank">Facebook page</a>. </li><ul><li>Their website has a popup that says featured on CNBC's <i>The Profit</i> and advertises their upcoming episode.</li><li>They list all the press they have received on their website and appearances include <i>The Wendy Williams Show</i>, Netflix documentary <i>She Did That</i>, <i>Tamron Hall</i>, and CNBC. (<a href="https://thecrabbyshack.com/shout-outs/" target="_blank">Link</a>)</li></ul><li>Crabby Shack sells their seafood <a href="https://www.talkable.com/x/wLexM4" target="_blank">on Goldbelly</a> and their foods include lobster rolls, crab mac & cheese, dinner kits, soups, crab legs and shrimp. That link will give you a $25 promo code for an order and you can search for The Crabby Shack.</li><ul><li>The Goldbelly description of the restaurant states, "Growing up in Philadelphia, celebrity stylist Fifi Bell-Clanton had no shortage of options when it came to getting her crab fix. But after moving to Brooklyn, she was dismayed to discover that if she wanted freshly steamed Blue crab, Dungeness crab, or Alaskan Snow crab she had to go to a fish market and cook it herself. She found a kindred spirit in record label exec Gwen Woods, whose father is from the Chesapeake Bay area, so even though neither had run a restaurant before, they teamed up and opened The Crabby Shack in Brooklyn’s Crown Heights neighborhood in 2014."</li></ul><li>Here are the Crabby Shack reviews from <a href="https://www.yelp.com/biz/the-crabby-shack-brooklyn?sort_by=date_desc" target="_blank">Yelp</a>, <a href="https://www.tripadvisor.com/Restaurant_Review-g60827-d7322878-Reviews-The_Crabby_Shack-Brooklyn_New_York.html" target="_blank">TripAdvisor</a>, and <a href="https://www.google.com/search?q=crabby+shack&sxsrf=AOaemvK8YTOdMO45rF4Z-qREGTmzpEUK-g%3A1632183220365&source=hp&ei=tCNJYfurE9mSjLsPx9OcgAo&iflsig=ALs-wAMAAAAAYUkxxNZYRqKJjAGPGCKq2gui9A3JlTLN&gs_ssp=eJzj4tVP1zc0TDItjDfMMcoyYLRSNaiwsEw2Mk2ytDQ2SzJLNbYwtzKoMLY0TklJsrBMMjCyNExLTvPiSS5KTEqqVCjOSEzOBgB8YROa&oq=crabby+shack&gs_lcp=Cgdnd3Mtd2l6EAMYADIRCC4QgAQQsQMQxwEQrwEQkwIyBQgAEIAEMgUIABCABDIFCAAQgAQyCwguEIAEEMcBEK8BMgUIABCABDIFCAAQgAQyCwguEIAEEMcBEK8BMgUIABCABDILCC4QgAQQxwEQrwE6BAgjECc6CgguEMcBEKMCEEM6BAguEEM6EQguEIAEELEDEIMBEMcBENEDOg4ILhCABBCxAxDHARCjAjoICAAQgAQQsQM6EQguEIAEELEDEIMBEMcBEKMCOgUIABCRAjoECAAQQzoTCC4QsQMQgwEQxwEQ0QMQyQMQQzoFCAAQkgM6CggAELEDEMkDEEM6BQgAELEDOg4ILhCABBDHARCvARCTAjoHCAAQsQMQQzoNCC4QgAQQxwEQrwEQCjoHCAAQsQMQCjoLCC4QsQMQxwEQrwE6DgguEIAEELEDEMcBEK8BOgcIABCABBAKULsBWIoSYPkcaABwAHgBgAHNA4gBzhKSAQkwLjguMy4wLjGYAQCgAQE&sclient=gws-wiz#lrd=0x89c25b9936b6e387:0x393ddb89b0291fcf,1,,," target="_blank">Google</a>.</li><ul><li>Most of the reviews are positive and all sites have a rating of over 4 stars out of 5.</li></ul><li>A July 2021 article said The Crabby Shack had a failed second location, but they are launching a location inside the Barlay's Center and hope to have one at Citi Field. (<a href="https://www.theinfatuation.com/new-york/features/the-crabby-shack-guide-to-summer-seafood-in-brooklyn" target="_blank">Link</a>)</li></ul></div><br /><br /><br /><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><ul style="text-align: left;"><li><u>The Deal -</u> $100,000 for 10% of the business. The money would be used to renovate the restaurant space, do menu updates, develop new products, and improve the website.</li><li>The renovations done at The Crabby Shack were finished in late August 2021. (<a href="https://www.facebook.com/CrabbyShackBK/posts/4658064337548049?__cft__[0]=AZVOlrvgR0NYyMeClY4ATznAktpDbMMXgKfTvsT29tHvGrEPdoJYgpJlZfmbBpj5eraWpI0b2Gxn0EUUuJuBDpFkrqK94zRyjfM77etdKYxlzGCdcPVo9AfqGAp22P4T89F-5v0r7Gba1VLhknI-9bzP&__tn__=%2CO%2CP-R" target="_blank">Link</a>)</li><li>In early September 2021, The Crabby Shack started selling frozen "Crabioli," Shrimp Ravioli, and Lobster Tortellini at their Brooklyn location. (<a href="https://www.facebook.com/CrabbyShackBK/posts/4694883517199464?__cft__[0]=AZWLEnFQUtT1XbBd4kWk6wp3haxy5oUvwy_C5fo32PklEVoU_OtnFvWuxFiDy-HWQbG_qwK-pRxetLZin9PuqsWZWT740E6YN1Ha7123-CndwbHsbSLhbOy8Usc2tDf0GaQn4T5lXgqagoBhGrsf0QKL&__tn__=%2CO%2CP-R" target="_blank">Link</a>)</li><li>As stated above, Crabby Shack sells their seafood nationwide <a href="https://www.talkable.com/x/zkoXPN" target="_blank">on Goldbelly</a> and their foods include lobster rolls, crab mac & cheese, dinner kits, soups, crab legs and shrimp.</li><li>As of the episode airing, the sauces are not available for purchase online.</li></ul><br /><br /><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-5153383940414210702021-09-14T10:51:00.006-04:002021-09-14T22:58:47.999-04:00K9 Lifeline - The Profit Update<div class="p402_hide">
<div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidu1fYk81RXke45fIKTGwJVfzBwcLq_zzuNRW6zjzbXSSSdS1gQs2SdAn94VwXBI2YA5b42P9P_5LZfON8YnHob_EfK5lal4wW3t__-mFzgUZP1MqCR_2G8ewBh7n3KbuSyYU1-0Sv5MNc/s789/K9+Lifeline+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="537" data-original-width="789" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidu1fYk81RXke45fIKTGwJVfzBwcLq_zzuNRW6zjzbXSSSdS1gQs2SdAn94VwXBI2YA5b42P9P_5LZfON8YnHob_EfK5lal4wW3t__-mFzgUZP1MqCR_2G8ewBh7n3KbuSyYU1-0Sv5MNc/s400/K9+Lifeline+The+Profit.PNG" width="400" /></a></div></div><p>This week on <i>The Profit</i>, Marcus Lemonis is in Draper, Utah to make a deal with K9 Lifeline. K9 Lifeline is a dog training, boarding, and daycare facility that also makes and sells their patented K9 Lifeline Transitional Leash. The owner Heather Beck has a passion for animals and a great product, but Marcus wants her to be able to get her product to the masses. He will need to get Heather to use the same passion she has for her pets to generate profits.</p><br /><br />Let's take a look at some information related to K9 Lifeline as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><b>News and Links Related To The Company:</b><br /><div dir="ltr" trbidi="on"><ul style="text-align: left;"><li>Here is the K9 Lifeline <a href="https://k9lifeline.dog/" target="_blank">website</a> and <a href="https://www.facebook.com/k9lifeline.dog/" target="_blank">Facebook page</a>. </li><li>K9 Lifeline offers a lifetime guarantee on its products and will provide a replacement if necessary.</li><li>The K9 Lifeline Transitional Leash is listed for $38.99 on their site. They also have leashes available for $14.99.</li><ul><li>Transitional leashes range from about $10-$40 <a href="https://amzn.to/3Ek4KZy" target="_blank">on Amazon</a>. </li></ul><li>Heather is an author and has written a book about improving human/dog relationships. (<a href="https://amzn.to/3Ek8fPG" target="_blank">Link</a>)</li><li>From looking at the previews, Bentley's Pet Stuff (season 3) will appear on this episode. </li><li>A new website and logo were launched for K9 Lifeline in July 2021.</li><li>Here are the reviews for K9 Lifeline from <a href="https://www.yelp.com/biz/k9-lifeline-draper-3?sort_by=date_desc" target="_blank">Yelp</a> and <a href="https://www.google.com/search?q=k9+lifeline+draper+UT&sxsrf=AOaemvJE5BFykz8ID7dIj_JxHwPhN10pBg%3A1631629625731&source=hp&ei=ObFAYd3tKZKp5NoPybqhyA4&iflsig=ALs-wAMAAAAAYUC_SZMldEK5i3PXguyHI4Qc_PszG8wb&oq=k9+lifeline+draper+UT&gs_lcp=Cgdnd3Mtd2l6EAMyDgguEIAEEMcBEK8BEJMCMgYIABAWEB46BAgjECc6BQgAEJECOgQIABBDOgUILhCABDoOCC4QgAQQsQMQxwEQowI6CwguEIAEEMcBEK8BOgsILhCABBCxAxCDAToICAAQsQMQkQI6BQgAEIAEOg0IABCABBCHAhCxAxAUOgsILhDHARCvARCRAjoKCAAQgAQQhwIQFFDzAVjaImD0JGgAcAB4A4AB2wOIAcEfkgEJNS41LjUuMS4zmAEAoAEB&sclient=gws-wiz&ved=0ahUKEwid7vmB1v7yAhWSFFkFHUldCOkQ4dUDCAk&uact=5#lrd=0x87526267e96eb7cf:0xe5c728c4271c172b,1,,," target="_blank">Google</a>.</li><ul><li>Heather takes the time to respond to reviews on both sites.</li></ul></ul></div><div dir="ltr" trbidi="on"><br /></div><br /><br /><br /><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><br /><ul style="text-align: left;"><li><u>The Deal</u> - Heather valued her business at a $1.2 million valuation. Marcus agreed that was valid and offered $500,000 for 50% of the business. Heather was hoping for it to be 51% to 49% in her favor, but they eventually settled on the 50/50 split. This was only for the transitional leash part of the business.</li><li>As stated above, the K9 Lifeline Transitional Leash is listed for $38.99 on their site. They also have leashes available for $14.99. There are 17 colors, some of which are sold out at the time of the episode airing. A name add on is also available for $5.00.</li><li>Here is the new Heather's Heroes <a href="https://heathersheroes.com/" target="_blank">website</a> that has the new name for the leash, which is called The Sidekick. The price is the same on both sites.</li><ul><li>Other products on the new site are The Dynamic Duo, The Power Trio, and Long Line leashes. These are just the new names for the products on the original website.</li></ul><li>As of the episode airing, Heather's Heroes leashes are not available on the Bentley's Pet Stuff website.</li></ul><br /><br /><br /><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-82809042206339308882021-09-07T12:51:00.005-04:002021-09-07T23:07:05.344-04:00 Sonoma Coast Spirits - The Profit Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRaKWY3usPWNzutspnCD1PPWFlHQ8WXlSJRG_us7nIqF2uL8x5B3EjYuZfCbkCy7IKeXg-j3XJTVYJ9NzPqVf8hTN-atWaQ-4QxbMsb4TCWdSfh0D7Y9PV3KE8qtw37_mG7vJD6AYttwCH/s1056/Sonoma+County+Spirits+-+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="625" data-original-width="1056" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRaKWY3usPWNzutspnCD1PPWFlHQ8WXlSJRG_us7nIqF2uL8x5B3EjYuZfCbkCy7IKeXg-j3XJTVYJ9NzPqVf8hTN-atWaQ-4QxbMsb4TCWdSfh0D7Y9PV3KE8qtw37_mG7vJD6AYttwCH/s400/Sonoma+County+Spirits+-+The+Profit.PNG" width="400" /></a></div></div><p>This week on <i>The Profit</i>, Marcus Lemonis is in Petaluma, California to make a deal with Sonoma Coast Spirits. Sonoma Coast Spirits is a family-owned business that creates hand-crafted spirits that are infused with ingredients from their own garden. They are a smaller operation that has hopes of expanding beyond their local reach. Marcus will need to look at the changes necessary to move from a local business to national operation.</p><br /><br /><br /><br />Let's take a look at some information related to Sonoma Coast Spirits as well as what kind of deal was made on the show.<div><br /></div><div><br /><span><a name='more'></a></span><br /><br /><br /><br /><b>News and Links Related To The Company:</b><br /><ul style="text-align: left;"><li>Here is a ten-minute <a href="https://www.facebook.com/TheProfitCNBC/posts/1791723427678181" target="_blank">preview video</a> of the episode from <i>The Profit</i> Facebook page. </li><li>The filming for this episode was done in July 2021.</li><li>Here is the Sonoma Coast Spirits <a href="https://www.sonomacoastspirits.com/" target="_blank">website</a> and <a href="https://www.facebook.com/SonomaCoastSpirits" target="_blank">Facebook page</a>. </li><li>From the about section of their website, "Sonoma Coast Spirits was founded in 2011 by Doug and Jill Olson. With Doug’s untimely passing in 2018, Jill is at the helm of the business today, supported by a staff of her four grown children."</li><li>Their products are all natural products that are hand-crafted and infused with ingredients from their own garden in Sonoma County which include fruits and herbs.</li><li>Their products include vodkas ($28-$35), peanut butter whiskey ($35) and craft cocktails ($16). </li><li>Sonoma Coast Spirits have been available for sale at local Costco's since 2018. (<a href="https://twitter.com/sonoma_spirits/status/1077348622453350400?s=20" target="_blank">Link</a>)</li></ul><div><br /><br /><br /><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><ul style="text-align: left;"><li><u>The Deal</u> - Marcus initially offered $250,000 for 20% of the business and a line of credit for $250,000. The counter offer which was accepted was $300,000 for 25% of the business. The money would be used to build inventory, fulfil open orders and to expand into a larger space.</li><li>Marcus decided to walk out on the deal due to the following reasons:</li><ul><li>He brought in bottle and label designers to help redesign the label of Sonoma Coast Spirits, but it was never changed.</li><li>Marcus visited and discovered they were going to try canning craft cocktails without telling him.</li><li>Jill continually doing what she wanted without communicating to Marcus.</li></ul><li>Marcus suggested Jill work on the business with her family and they could potentially revisit him investing in the future.</li><li>The labels on their website are still the same labels that they had before the show filmed.</li><li>After the episode, Marcus Lemonis said, "Tonight’s episode failure is on me and no one else. (<a href="https://twitter.com/marcuslemonis/status/1435438130052714502" target="_blank">Link)</a></li><ul><li>He also said, "Give @sonoma_spirits a try.. amazing family and great product. They will be better than ever." (<a href="https://twitter.com/marcuslemonis/status/1435438429148438528" target="_blank">Link</a>)</li></ul></ul><br /><br /><br /><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div></div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-81345207293066513202021-08-30T20:27:00.005-04:002021-08-31T23:01:11.765-04:00James' Gourmet Pies - The Profit Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwzaJ1k3wvQTOwYmyYQ-7jBgtcvnMlDaYmfK0C4IiKHEqoToEwfjkZ-LKhja-9p9sAh1sqo1S2BVH3XswXEhHgwfRK4tafSEmfMbDcTC6zCf6tLhg5VGHrTjYicJrefgHr4nkoZZS6Zvhp/s846/James%2527+Gourmet+Pies+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="476" data-original-width="846" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgwzaJ1k3wvQTOwYmyYQ-7jBgtcvnMlDaYmfK0C4IiKHEqoToEwfjkZ-LKhja-9p9sAh1sqo1S2BVH3XswXEhHgwfRK4tafSEmfMbDcTC6zCf6tLhg5VGHrTjYicJrefgHr4nkoZZS6Zvhp/s400/James%2527+Gourmet+Pies+The+Profit.PNG" width="400" /></a></div></div><p>This week on <i>The Profit</i>, Marcus Lemonis is in Salt Lake City, Utah to make a deal with James' Gourmet Pies. James' Gourmet Pies was started by James Edwards in 2017 and he dreams of taking his pies nationwide. He has had success in his local market but wants to take the business to the next level. Marcus will try to help James improve his processes and give him ideas to achieve his dream of expanding the business. </p><br /><br /><br />Let's take a look at some information related to James' Gourmet Pies as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><b>News and Links Related To The Company:</b><br /><ul style="text-align: left;"><li>Here is a ten-minute preview <a href="https://www.youtube.com/watch?v=FRfCvex_aK8" target="_blank">video</a> of the episode from the CNBC YouTube page.</li><li>Here is the James' Gourmet Pies <a href="https://jamesgourmet.com/" target="_blank">website</a> and <a href="https://www.facebook.com/jamesgourmetpies/" target="_blank">Facebook page</a>. </li><ul><li>The website boasts "As seen on The Profit" on the homepage.</li><li>In the About section of the website, owner James Edwards says, "This year I was humbled when Marcus Lemonis, the host of CNBC’s, “The Profit,” decided to work with James Gourmet. With his guidance, we now sell our gourmet pies and products all over the country."</li></ul><li>The large pies sell for $19.99 and 12 mini pies are $29.99. Shipping is extra and shipping to the east coast showed up as $35 for me. </li><li>Here are the reviews for James' Gourmet Pies on <a href="https://www.yelp.com/biz/james-gourmet-pies-ogden?sort_by=date_desc" target="_blank">Yelp</a>, and all 12 reviews at the time of the episode are 5-star reviews. </li></ul><div><br /><br /><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><br /><ul style="text-align: left;"><li><u>The Deal</u> - James was hoping for a large investment of $1 million for about 30 to 40 percent of the business, but Marcus initially only wanted to invest $50,000. They decided on $50,000 for 10% of the business. The money would be used to help expand the product line.</li><li>Barb Batiste from <a href="https://www.theprofitupdates.com/2020/01/the-profit-b-sweet-update.html" target="_blank">B Sweet</a>, which appeared on season 7 of <i>The Profit</i>, appeared on this episode.</li><li>James' Gourmet Pies currently offers 3 different products - sweet potato pie, buttermilk pie, and sweet potato bread.</li><li>Marcus set James up with a shared commercial kitchen with a freezer to help fulfil online orders.</li><li>The end of the episode also said James' Gourmet Pies was set up with a $100,000 line of credit to help with expansion of the business online.</li></ul><br /><br /><br /><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div></div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-79722788067953462872021-08-23T22:05:00.010-04:002021-08-24T22:59:33.605-04:00Mod Barn - The Profit Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7lwnNTwQ6yLLofDuyq7i28Es06gsagTNqgb9Gybn5mVZ4RkdWIF5siUC2RvDM8BAq-Is7j7OB5PHolOxdgoOljh3UhRoDuCO5focVqYf7R69yk89bxKzpBYssvNshwQxBIRC-aW4xvvrS/s881/Mod+Barn+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="467" data-original-width="881" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7lwnNTwQ6yLLofDuyq7i28Es06gsagTNqgb9Gybn5mVZ4RkdWIF5siUC2RvDM8BAq-Is7j7OB5PHolOxdgoOljh3UhRoDuCO5focVqYf7R69yk89bxKzpBYssvNshwQxBIRC-aW4xvvrS/s400/Mod+Barn+The+Profit.PNG" width="400" /></a></div></div><p>This week on <i>The Profit</i>, Marcus Lemonis is in Los Angeles, California to make a deal with Mod Barn. Mod Barn is a custom furniture business run by Wendy and Ryan Jestin who are brother and sister. Despite growing up in the industry, their lack of process has crippled the business. Marcus needs to get them to improve their process and get Ryan's drawings into a more accurate blueprint.</p><br /><br /><br />Let's take a look at some information related to Mod Barn as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><b>News and Links Related To The Company:</b><br /><ul style="text-align: left;"><li>Here is a ten-minute <a href="https://www.youtube.com/watch?v=f2IPgQw0bQM&t=20s" target="_blank">preview video</a> of the episode from the CNBC YouTube page. </li><li>The Mod Barn is a custom furniture business that specializes in barn doors and Murphy beds. </li><li>Here is the Mod Barn <a href="https://themodbarn.com/" target="_blank">website</a> and <a href="https://www.facebook.com/themodbarn/" target="_blank">Facebook page</a>. </li><li>Here are the reviews for Mod Barn on <a href="https://www.yelp.com/biz/the-mod-barn-los-angeles-2?sort_by=date_desc" target="_blank">Yelp</a> and <a href="https://www.google.com/search?q=mod+barn+los+angeles&sxsrf=ALeKk00l9tYjto1PqFDkDpBNXaDztUaDgw%3A1629770030622&source=hp&ei=LlEkYZqqIpup5NoPvvC1qAo&iflsig=AINFCbYAAAAAYSRfPqdNs5o_XdzWRsUWaM5AhcSw8NM5&oq=mod+bar&gs_lcp=Cgdnd3Mtd2l6EAMYADIECCMQJzIFCAAQgAQyEAguEIAEEIcCEMcBEK8BEBQyBAgAEEMyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIHCAAQgAQQCjoFCC4QkQI6BQgAEJECOgsIABCABBCxAxCDAToOCC4QgAQQsQMQxwEQowI6CwguEMcBEK8BEJECOhMILhCABBCHAhCxAxDHARCjAhAUOg0IABCABBCHAhDJAxAUOgsIABCABBCxAxDJAzoHCAAQsQMQQzoICC4QgAQQsQM6EAguELEDEIMBEMcBEK8BEEM6DgguEIAEELEDEMcBENEDOgsILhCABBDHARCvAToWCC4QgAQQhwIQsQMQgwEQxwEQrwEQFDoKCAAQgAQQhwIQFDoFCC4QgAQ6CgguEIAEEIcCEBRQgAhYrRFg6hZoAHAAeACAAY0BiAHBBpIBAzEuNpgBAKABAQ&sclient=gws-wiz#lrd=0x80c2b950bf5bc587:0x11c49f2b464b00f9,1,,," target="_blank">Google</a>. </li><ul><li>The older reviews are mostly positive, but more recent reviews have complaints about missed deadlines.</li></ul></ul><div><div><br /><b><br /></b></div><div><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><ul style="text-align: left;"><li><u>The Deal</u> - Marcus offered $200,000 for 20% of the business. Wendy and Ryan will each own 35% of the business and they gave Alphus Imani the remaining 10%. Marcus wants to use the money to improve their process, to find someone to fulfil orders on the east coast, and to redesign the storefront.</li><ul><li>Marcus later advanced them $34,000 to help purchase raw materials for customer orders.</li><li>Marcus later gave another $41,000 to help build out the showroom.</li><li>Marcus gave the final $125,000 to help finish the showroom and deal with Ryan's previous obligations from his other business.</li></ul><li>Grafton Furniture from season 3 of the <i>The Profit</i> appeared on this episode to be Mod Barn's manufacturing partner on the east coast.</li><li>Here is a video of the showroom from the Mod Barn Facebook page that was posted in July 2021. (<a href="https://www.facebook.com/themodbarn/posts/2942005019399452?__cft__[0]=AZWG6abAwhbEsvQplKObbVhZFjLWOsGCW3jvT8vyB8ipjlY-z_NbhzyZawGuoeeqCgdbfoMCP4OGYtKEf982_03bSS8lN4TNFsA7riv3KqFNB2e3PjT_gs8gU4LuRaRl0GwVZDJu8WtVVrSNf3LMO6KKzOnLcxKdMT71Urg_JUVOMw&__tn__=%2CO%2CP-R" target="_blank">Link</a>)</li></ul><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div></div></div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-8813573885949053962021-08-16T21:14:00.006-04:002021-08-20T20:47:41.717-04:00Grey Block Pizza - The Profit Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiU_dAUELo-1UdmDfrRQzBuqsaCUncwuYWZ2iTgg2WC4uL_MYggSgQx3n3YdDOKP50aD-4vUXNiz-kTs_6OboVPvaf_xihBf-9GsVvL6XrYv6AM1XMZKx9ePGfLvNnPZqp4jRffacLm0xVz/s938/Grey+Block+Pizza+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="400" data-original-width="938" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiU_dAUELo-1UdmDfrRQzBuqsaCUncwuYWZ2iTgg2WC4uL_MYggSgQx3n3YdDOKP50aD-4vUXNiz-kTs_6OboVPvaf_xihBf-9GsVvL6XrYv6AM1XMZKx9ePGfLvNnPZqp4jRffacLm0xVz/s400/Grey+Block+Pizza+The+Profit.PNG" width="400" /></a></div></div><p>This week on <i>The Profit</i>, Marcus Lemonis is in Santa Monica, California to make a deal with Grey Block Pizza. Grey Block Pizza has been around for about 20 years and serves creative slices of pizza. Owner Tommy Schiffer is hoping Marcus Lemonis is able to scale the business to help expansion across America. Marcus needs to get him to fall back in love with the business and resolve his relationship with his business partner Lilia Mead. Lilia recently invested money in the business and was hoping to be a silent partner, but that hasn't been the case.</p><br /><br /><br />Let's take a look at some information related to Grey Block Pizza as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><b>News and Links Related To The Company:</b><br /><ul style="text-align: left;"><li>Here is a 10-minute <a href="https://www.youtube.com/watch?v=YiFUO9E1Cgc" target="_blank">preview video</a> of the episode from the CNBC YouTube page. </li><li>Here is the Grey Block Pizza <a href="https://www.greyblockpizza.com/" target="_blank">website</a> and <a href="https://www.facebook.com/GreyBlockPizza/" target="_blank">Facebook page</a>, which isn't updated much. Their <a href="https://www.instagram.com/greyblock/" target="_blank">Instagram</a> page is more up-to-date. </li><li>Their Instagram shows updates being made to the building in March 2021, so that is probably around the time Marcus Lemonis visited. (<a href="https://www.instagram.com/p/CM_KJmTjY26/" target="_blank">Link</a>)</li><li>Their website says, "Doing everything from scratch, and by hand daily used to be the only way, now it’s what sets us apart."</li><li>Prices for the gourmet pizza are: Slice for $5.25, 12” for $19.95, 16” for $23.95, and 20” for $26.95.</li><li>Here are the reviews for Grey Block Pizza from <a href="https://www.yelp.com/biz/grey-block-pizza-santa-monica?sort_by=date_desc" target="_blank">Yelp</a>, <a href="https://www.tripadvisor.com/Restaurant_Review-g33052-d4617002-Reviews-Grey_Block_Pizza-Santa_Monica_California.html" target="_blank">TripAdvisor</a>, and <a href="https://www.google.com/search?q=grey+block+pizza&sxsrf=ALeKk032GBHhpMs0jcholhsOeNmmB2i12Q%3A1629160982321&source=hp&ei=FgYbYb68EImTwbkPzv-5iAU&iflsig=AINFCbYAAAAAYRsUJpj7BZZpSxLeHIyGWwTaXvWKo9fF&gs_ssp=eJzj4tFP1zc0MjMqMze0yDVgtFI1qLAwSDZKSjIySbOwTElLTLS0MqiwNEwxSzY0TU0xNE5MTEoz9hJIL0qtVEjKyU_OVijIrKpKBAC-jxVI&oq=grey+block+pizza&gs_lcp=Cgdnd3Mtd2l6EAEYADIOCC4QxwEQrwEQxAIQkwIyBQgAEMQCMgUIABCABDIFCAAQgAQyBQgAEIAEMgUIABCABDIGCAAQFhAeMgYIABAWEB4yBggAEBYQHjIGCAAQFhAeOgsIABCABBCxAxCDAToECAAQAzoLCC4QgAQQxwEQrwFQEljMCWD3O2gAcAB4AIABpgGIAb0JkgEDMC45mAEAoAEB&sclient=gws-wiz#lrd=0x80c2bb24f89dfaa9:0x91d6c15ed13aabf3,1,,," target="_blank">Google</a>. </li><li>Tommy takes the time to respond to reviews on Google.</li><li>Grey Block Pizza was a sponsor of the Theo Vonn podcast. (<a href="https://www.youtube.com/watch?v=zUOXMQpQGN8" target="_blank">Link</a>)</li></ul></div><div><br /><b><br /></b></div><div><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><ul style="text-align: left;"><li><u>The Deal</u> - Before making a deal, Marcus wanted to figure out food costs, who should manage, and work on relationships. Tommy wanted to have a deal in place before that, so he agreed to take $20,000 to fix up the place, install POS, and figure out food costs. He agreed to pay Marcus back $30,000 for this.</li><li>Marcus then tried to resolve the loan situation between Lilia and Tommy. The buyout of Lilia was reached for $141,500, with $75,000 being for the loan and $66,500 for the equity.</li><li>When Marcus returned to Grey Block, the place was a mess and Tommy was nowhere to be seen and was gone for weeks. Marcus flew to Oregon to see him and to see if he wanted to sell the business. He arranged a meeting with a potential buyer and Tommy didn't show up. He continues to own the business and runs it from Oregon.</li><li>This is the second time Marcus Lemonis tried to invest in a pizza place with the other being Simply Slices (<a href="https://www.theprofitupdates.com/2018/07/the-profit-simply-slices-update.html" target="_blank">update here</a>). Both turned out to be disasters.</li><li>Public records show there were two PP loans for Grey Block Pizza - one for $74,721 and another for $62,418.</li><li>Marcus said that he did not get his $20,000 back. (<a href="https://twitter.com/marcuslemonis/status/1428199267324268556" target="_blank">Link</a>)</li><li>Marcus also said that Lilia didn't get her money. (<a href="https://twitter.com/marcuslemonis/status/1428205249555222530" target="_blank">Link</a>)</li></ul></div><div><br /> </div><div><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-48300340874353922662021-08-09T21:49:00.002-04:002021-08-10T22:58:35.103-04:00The Profit - Harvest Lane Honey Update<div class="p402_hide"><div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEht75ksBE0B8C80kR3Y4uQfp80j82Bx-SChv2wUQ8aFBQhwH9VdLv1TzMN9mLbs3lFUP3pE4iJLeYWbJuG4cW1U2KBj-uclgRK3MUp0oA-a0XlK8E1qslvr94drj2UV8QJZXPqioA9us_62/s832/Harvest+Laney+Honey+The+Profit.PNG" style="clear: right; display: block; float: right; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="473" data-original-width="832" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEht75ksBE0B8C80kR3Y4uQfp80j82Bx-SChv2wUQ8aFBQhwH9VdLv1TzMN9mLbs3lFUP3pE4iJLeYWbJuG4cW1U2KBj-uclgRK3MUp0oA-a0XlK8E1qslvr94drj2UV8QJZXPqioA9us_62/s400/Harvest+Laney+Honey+The+Profit.PNG" width="400" /></a></div></div><p>On the season 8 premiere of <i>The Profit</i>, Marcus Lemonis is in Salt Lake City, Utah to make a deal with Harvest Lane Honey. Harvest Lane Honey is a multi-generational family business that makes bee keeping kits and products that can be sent to your home. Marcus Lemonis finds that the company is drowning in debt and has efficiency issues with their manufacturing process. He also thinks they should be generating more sales online and wants them to focus more on that.</p>Let's take a look at some information related to Harvest Lane Honey as well as what kind of deal was made on the show.<div><br /><span><a name='more'></a></span><br /><br /><br /><b>News and Links Related To The Company:</b><br /><ul style="text-align: left;"><li>Here is a 10-minute <a href="https://www.youtube.com/watch?v=ocikmB42qGc" target="_blank">preview video</a> of the episode from the CNBC YouTube page. </li><li>Here is the Harvest Lane Honey <a href="https://harvestlane.com/" target="_blank">website</a> and <a href="https://www.facebook.com/hlhharvestlanehoney/" target="_blank">Facebook page</a>. </li><li>Their mission statement on their website is, "To help reverse the declining population of honey bees and ensure that there is a future for our industrious friends that make our planet beautiful and sweeten it with naturally pure honey."</li><li>Harvest Lane Honey has their products for sale <a href="https://amzn.to/37ufG7R" rel="nofollow" target="_blank">on Amazon</a>. They also are available at Tractor Supply and Home Depot.</li><li>The prices of their bee keeping kits on their website are $150 for a small, $200 for a medium, and $270 for a large. Adding bee keeping accessories adds about $60.</li><li>Harvest Lane Honey makes no mentions about their upcoming appearance on <i>The Profit</i>, which usually means a deal couldn't be reached or there was other drama.</li></ul><div><br /><br /><br /><b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br /><ul style="text-align: left;"><li><u>The Deal </u>- Due to the debt of Harvest Lane Honey, Marcus decided to coach them on how to handle their $7.2 million debt. He tried to get the creditors to convert the debt into equity in the company. Marcus offered $1 million for 33% of the company contingent on getting the debt down to $4 million. They countered for $1 million for 25%, but the eventually settled on $1 million for 30% of the company.</li><li>Harvest Lane Honey was able to work with creditors to convert some of the debt, but they were only able to convert $2,648,000, which was short of the amount agreed to on the deal.</li><li>Final deal - $650,000 and a $400,000 letter of credit for 25% of the business.</li><li>According to the show, revenue has been up 90% over the last 30 days.</li></ul></div><div><br /><br /><br /><br /><br />*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div></div>Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-48324605834046383072020-03-02T21:17:00.001-05:002020-03-02T21:17:22.590-05:00240Sweet From The Profit is Closed - Update on The Owners<div dir="ltr" style="text-align: left;" trbidi="on">
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240Sweet in Columbus, Indiana which appeared on season 3 of <i>The Profit</i> is closed. 240Sweet was one of the most controversial episodes of <i>The Profit</i> with Marcus Lemonis walking out on the deal after already investing money.<br />
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240Sweet stopped producing marshmallows in September 2018 when co-owners Alexa Lemley and Sam Aulick created a new company that has a line of sugar-free, low-carb and gluten-free dishes. Their business is called KetoLuxe and here is Alexa's <a href="https://www.ketoluxe.us/blogs/meet-chef-alexa/meet-chef-alexa#comments" target="_blank">description</a> from their website about the business and how it came about. They decided to change their business and lifestyle after a Type 2 diabetes diagnosis for Sam. After adopting the Ketoluxe way of eating, they are down over 100 pounds. KetoLuxe offers products on their website and some products on <a href="https://amzn.to/38hjNlE" rel="nofollow" target="_blank">Amazon</a>. Here is the KetoLuxe <a href="https://www.facebook.com/Ketoluxe/" target="_blank">Facebook page</a> if you are interested.<br />
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Alexa and Sam decided to change the name of KetoLuxe to Low Carb Revolution and they have a <a href="https://www.kickstarter.com/projects/low-carb-revolution/join-the-low-carb-revolution-with-frozen-meals-and-treats-0" target="_blank">Kickstarter campaign</a> active in which they have raised almost $16,000 to date and it is 100% funded. They plan to expand their frozen food distribution with this money. Here is the Low Carb Revolution <a href="https://lowcarb-revolution.com/" target="_blank">website</a> and <a href="https://www.facebook.com/lowcarbrev/" target="_blank">Facebook page</a>. Besides products, Chef Alexa also offers coaching programs that range from $800 to $1,500.<br />
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In addition to this business, Alexa and Sam also have a catering business called Artisan Foodworks (<a href="http://www.artisanfoodworks.com/our-company.html" target="_blank">website</a>). They have negative reviews on <a href="https://www.yelp.com/biz/artisan-foodworks-columbus?sort_by=date_desc" target="_blank">Yelp</a>, but some of them are from fans from <i>The Profit</i>.<br />
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Here is a link to the <a href="https://www.theprofitupdates.com/2016/01/the-profit-240sweet-update.html" target="_blank">update from this site</a> that has what transpired for 240Sweet after the episode aired. Marcus Lemonis and <i>The Profit</i> are airing an Inside Look at 240Sweet on March 3rd, 2020, so if any interesting information is revealed, I will update that post.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-26901148734761454822020-02-25T09:42:00.000-05:002020-02-25T23:00:31.077-05:00The Profit - SD Campervans Update<div dir="ltr" style="text-align: left;" trbidi="on">
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Tonight on <i>The Profit</i>, Marcus Lemonis is in Los Angeles, California to make a deal with SD Campervans. SD Campervans is a company that converts vans into campers and was started by Breanne Acio. SD Campervans is ready to bring more people into the "Van Life" lifestyle, but they will need to improve their process before things go south. Marcus also needs to convince the owners to be more open minded so they are accepting of all types of people and brands.<br />
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Let's take a look at some information related to SD Campervans as well as what kind of deal was made on the show.<br />
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<b>News and Links Related To The Company:</b><br />
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<ul style="text-align: left;">
<li>Here is the SD Campervans <a href="https://sdcampervans.com/" target="_blank">website</a> and <a href="https://www.facebook.com/SDCamperVans/" target="_blank">Facebook page</a>.</li>
<li>A post on their Facebook page <a href="https://www.facebook.com/SDCamperVans/photos/a.575095109534206/922711354772578/?type=3&__xts__%5B0%5D=68.ARCzLbnY1xJV-oTqCNB3-VsEY1edfiuQoqH6ly5dqX9HrZPP90ruG_gocNXJyQN9NrwsH8-BLn0fDM5c5sUQ-gZxf6Jk_xCWz1nLdE8V5elw96Zu2UYlpiAlkw3ptC3LXntJWnaTOSC_mZ8iTk6WZcf6qPndE6LWNCMlQso0-xyeu9RR2rKZJJ7Eci2Dez_QcEpNrKI5Dyj2U1mm6g9fPyNAnyOdU_JKqBBQzMG1ODPwIAxXGdIYJ9DUZcvamsZ-dXuYU72bfjdx282H1HvWqTRVFzGyJc_kbUzZEvFswbxjMVHnetHpkOW-mQuMfdzmq3RwN3pqPJbFy-de4nZllac&__tn__=-R" target="_blank">states</a>, "Do you know that SD Campervans is a family and women-run company? As the story goes, Lacey and Bre started SDCV by purchasing a van and converting it in their father-in-law’s, garage, and then discovered more people wanted their own vans converted and their market shifted. In their first year of business (2018) alone, their team was able to deliver 32 camper van build outs through their shop doors. Isn't that amazing?"</li>
<li>According to their website, SD Campervans only converts certain brands of vans into campers and a full conversion starts at $19,500.</li>
<li>Here are the SD Campervans <a href="https://www.yelp.com/biz/sd-campervans-los-angeles" target="_blank">Yelp reviews</a> which are all 5 stars (only 9 when the episode aired).</li>
<li>Here is the <a href="https://www.thevanlifeapp.com/" target="_blank">Van Life App</a> which was founded by Breanne Acio from the show. The app connects travelers with one another while on the road, solving the problem of loneliness within that group of travelers.</li>
<li>Here is a <a href="https://www.facebook.com/thevanlifeapp/" target="_blank">Facebook page</a> for the Van Life App.</li>
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<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
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<ul style="text-align: left;">
<li>SD Campervans ceased operations before Marcus brought them to the deal table to make a deal.</li>
<li>Marcus sponsored a SD Campervans event by providing $5,000 in the name of Good Sam. He wasn't impressed with what his money was used for and decided a partnership with SD Campervans would not work out at the moment. </li>
<li>Camping World does not have vans similar to SD Campervans available for sale on its website yet.</li>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html" target="_blank">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317" target="_blank">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates" target="_blank">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-10107971803653996312020-02-18T09:12:00.001-05:002020-02-21T16:33:20.782-05:00The Profit - Ideal Cheese Shop Update<div dir="ltr" style="text-align: left;" trbidi="on">
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Tonight on <i>The Profit</i>, Marcus Lemonis is in New York, New York to make a deal with Ideal Cheese Shop. Ideal Cheese Shop is a family-run cheese shop and the father and son are at odds on how the store should be run. The shop has debt from another location that failed which is causing money issues at their current location. Ideal Cheese Shop has been in business for over 50 years and Marcus Lemonis needs to renew their passion and refresh their look so the business doesn't fail.<br />
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Let's take a look at some information related to Ideal Cheese Shop as well as what kind of deal was made on the show.<br />
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<b>News and Links Related To The Company:</b><br />
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<ul style="text-align: left;">
<li>Here is a 10-minute <a href="https://www.youtube.com/watch?v=lkEA2Ac_mD4" target="_blank">preview video</a> of the episode from the CNBC Prime YouTube page.</li>
<li>Here is the Ideal Cheese Shop <a href="http://www.idealcheese.com/" target="_blank">website</a> and <a href="https://www.facebook.com/cheeseshop/" target="_blank">Facebook page</a>. </li>
<li>Besides the brick and mortar store, Ideal Cheese Shop provides wholesale cheese to restaurants and hotels and also ships to customers via the internet. Their cheese selection is over 250 cheeses from 17 countries. </li>
<li>Ideal Cheese Shop has a cheese of the month club that costs $55 per month. There is a 10% discount if you sign up for 12 months. (<a href="http://www.idealcheese.com/Cheeseofthemonthclub.aspx" target="_blank">Link</a>)</li>
<li>Ideal Cheese Shop offers a Groupon for $25 worth of cheese for $14.50. (<a href="http://tracking.groupon.com/r?tsToken=US_AFF_0_210055_1872499_0&url=https%3A%2F%2Fwww.groupon.com%2Fbiz%2Fnew-york-city%2Fideal-cheese-shop%3Fz%3Dskip%26utm_medium%3Dafl%26utm_campaign%3D210055%26mediaId%3D1872499%26utm_source%3DGPN" target="_blank">Link</a>)</li>
<li>Here are ratings for Ideal Cheese Shop on <a href="https://www.yelp.com/biz/ideal-cheese-shop-new-york?sort_by=date_desc" target="_blank">Yelp</a> and <a href="https://www.google.com/search?safe=off&sxsrf=ACYBGNQIXkWjIbnOdZFDbrNEcXaKQ6eKaQ%3A1581961908067&ei=tNJKXorgA9ClytMP-7Wr8AI&q=ideal+cheese+shop+new+york&oq=ideal+cheese+shop+new+york&gs_l=psy-ab.3..0l3j0i22i30.649645.650797..652633...0.0..0.106.782.7j2......0....1..gws-wiz.......35i39.d_r95zfQrGw&ved=0ahUKEwiKitCsk9nnAhXQknIEHfvaCi4Q4dUDCAs&uact=5#lrd=0x89c258e18045e3d7:0x22eeaf13886171b4,1,,," target="_blank">Google</a>.</li>
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<li>The reviews are mostly positive, and the few negative ones are mostly complaints about service.</li>
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<li>The Ideal Ideal Cheese Wine Café in Long Island opened in November 2013. In June 2015, they moved locations and rebranded as Ideal's Element. They had an identity problem and wanted to focus more on the restaurant. (<a href="https://www.newsday.com/lifestyle/restaurants/ideal-cheese-wine-cafe-opens-with-new-look-name-in-huntington-1.10524816" target="_blank">Link</a>)</li>
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<li>Just three months after the rebrand, Ideal's Element closed. Julius Binetti said business wasn't doing as well as expected and couldn't support the price of rent. (<a href="http://www.longislandernews.com/the-long-islander-archives/2015/8/14/ideals-element-to-close-sunday" target="_blank">Link</a>)</li>
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<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
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<ul style="text-align: left;">
<li><u>The Deal</u> - Initial offer - $100,000 for no less than a third of the business. They countered with $150,000 and eventually settled on $125,000 for 33% of the business. Marcus would have a preferred return of no less than 15% and if business sells, Marcus would get his money back first. The money would be used to clean up payables, get additional inventory and to refresh the store. </li>
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<li>Marcus later made an arrangement to buy out out Julius a total of $400,000 over 7 years. Michael would own 85% of the business and Miguel would own 15% of the business, while Marcus's investment acts more like a loan.</li>
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<li>Ideal Cheese Shop started selling Zoe's Chocolate at its store in January 2020. Zoe's Chocolate appeared on season 4 of <i>The Profit</i>. (<a href="https://www.facebook.com/cheeseshop/videos/2520010661620876/?__xts__%5B0%5D=68.ARB6aV3vNLcgz5xdjfAEDEN7pZHxBJhs6-A-fTDhecfowF1Iffh5Lii_CzY1Jn2TFE8qaynB2TolSoZYtfzgklP0OmwzJgi6cNFP5SBBccrgYALY2669YGVd5y4fUuND6tD_1IgS1Cnu7UvkHikvbvqF49HgSr3FZKnmsG7vuUQRsUXKoUfdnT8YAqzukH1B9Q7Z6eTqto0if-DfIUKF0Zhm-ulxIXs6F4MkZeChGfpbt5aDsy2CxoOowBxEuwCAThk0W3yYBsmcE7UAVlLcg8IsZw6fpI0qjS8lOVqcZu_vJSpQ0fq0-ARHynBzuHLYDSWfKeDHuiYDvg77nIiEOozjX9LJWu_M&__tn__=-R" target="_blank">Link</a>)</li>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html" target="_blank">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317" target="_blank">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates" target="_blank">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
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Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-40712551914714274102020-02-11T09:16:00.001-05:002020-02-11T22:54:10.009-05:00The Profit - LumillaMingus (Lumilla) Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6gTcWQLg2Jiao-LjiV6JiCWNt2iXpILSsOegZ_QoNC38gRw0iiFSTkuwoVims4J3ieywf3KQJCzko01z9UIIMIPnfvJXNmIlv2ygm2rSIEdWcggPG17C_Kc2TXyFBXNPUpVEp1nhpZ8sG/s1600/The+Profit+LumillaMingus+Lumilla.PNG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="622" data-original-width="1213" height="205" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6gTcWQLg2Jiao-LjiV6JiCWNt2iXpILSsOegZ_QoNC38gRw0iiFSTkuwoVims4J3ieywf3KQJCzko01z9UIIMIPnfvJXNmIlv2ygm2rSIEdWcggPG17C_Kc2TXyFBXNPUpVEp1nhpZ8sG/s400/The+Profit+LumillaMingus+Lumilla.PNG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Los, Angeles, California to make a deal with LumillaMingus. LumillaMingus is a company owned bye Lulu Eschelman specializing in leather handbags. The handbags are a quality product, but they are a bit bland and overpriced. Marcus needs to convince Lulu to get more creative with her designs and help her become a better businessperson. He also wants to stabilize her supply chain and increase the perceived value of her product.<br />
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Let's take a look at some information related to LumillaMingus as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
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<b>News and Links Related To The Company:</b><br />
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<ul style="text-align: left;">
<li>Here is a 10-minute <a href="https://www.cnbc.com/video/2020/02/05/the-first-10-minutes-cover-your-hide.html" target="_blank">preview video</a> of the episode from the CNBC website. </li>
<li>Here is the LumillaMingus (Lumilla) <a href="https://shoplumilla.com/" target="_blank">website</a> and <a href="https://www.facebook.com/lumillamingus/" target="_blank">Facebook page</a>.</li>
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<li>The website was updated shortly before the episode aired and the Facebook page is promoting a lot of "coming soon" handbags.</li>
<li>Their old URL LumillaMingus.com redirects to ShopLumilla.com.</li>
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<li>This all looks like LumillaMingus will be rebranding as Lumilla during the episode.</li>
<li>The handbags on the website sell at prices ranging from $195 to $395 and are all listed as "coming soon." Straps are listed at $125.</li>
<li>LumillaMingus started selling jewelry in <a href="https://www.facebook.com/lumillamingus/posts/2213789128659709?__xts__%5B0%5D=68.ARBkd2Xg0Mq1aQRAc-MJ2e0tjufTNHqqI3XS34vQjYCF8EqM4AgurMIxkFdIoEs0y6cD0GJi1ltizsVkq93G5HhIqUiSVGXrHoMq-8202r8jcDtpmHcx23yqmDgoD3M6p7KCF8aDwyiqdbrzPuRmLYUig_Jo_1ofmbEo9pTx7otyjseWckZ207tqYyO2GhmoVLWpau9sJsx2XIXzQVXxJaVNBMNoeWfLL9vaOhAYeexE8H0Pdp7CCcLwKQuwmpUpeo_ZmF39mvW_ytpFsR91bTkBYGfMKcjSmA1tWyka_0ypkbPr08YF0kV6kc9AWgJ3ZJpniKexD-ocx7z-IhqeBsRTTQ&__tn__=-R" target="_blank">February 2019</a> and apparel in <a href="https://www.facebook.com/lumillamingus/posts/2630579500314001?__xts__%5B0%5D=68.ARC4M8wK15HotR-rj6MeuhFspPP0J0sf8ok83vyiUdN85Xi8RkX_k0A8AdDyX3VCdwQQHCqwPKjYgPw9o0XJOEIk0teTucpveuMKYJAE4W0pi11vr00L7zuy1SSv6URc3KtWXYQs2EBvUBluPJRMpyqENEsx-kinYStKc3LwvWoyZLZhhQBV7kvuIKOvuq3_aVvalkAIIA9WD656SgQ1-DRxh4TyadSLJgBGl9xa1Z5mw12a7ulM7_qeu--O2uiCcq1moqqdFW19uySwkcVVYnZsdLmL1Rn28xM5xEhb4JSC-KVdzeJb-hpCeGBbd4lWB01iMrKK3nzugSfT1CqgbtNPng&__tn__=-R" target="_blank">October 2019</a>.</li>
<li>Here is Scott Eschelman's <a href="https://www.linkedin.com/in/eschelman/" target="_blank">LinkedIn</a>, which has his specialties listed as, "Operating businesses, Buying/selling businesses, raising capital, strategic planning, structure and organizational planning skills, and international trade."</li>
</ul>
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<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
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<ul style="text-align: left;">
<li><u>The Deal</u> - $115,000 for 50% of the business. The money would be used to create a new product line and Marcus would be changing the name of the business.</li>
<li>As stated above LumillaMingus was renamed to just Lumilla.</li>
<li>All the bags on the website still say "Coming Soon", so bags are not available for purchase at the time of the episode airing. The prices go up to $680 for a bag.</li>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html" target="_blank">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317" target="_blank">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates" target="_blank">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-85139148676839133202020-01-28T11:29:00.000-05:002020-01-28T23:00:20.683-05:00The Profit - B Sweet Update<div dir="ltr" style="text-align: left;" trbidi="on">
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Tonight on <i>The Profit</i>, Marcus Lemonis is in Los Angeles, California to make a deal with B Sweet. B Sweet is a popular desert shop that has grown quickly, making it hard to keep up with customer demand. Owner Barb Batiste also has a few other ventures which is causing a bit of chaos and not allowing her to focus. While Marcus is there, he finds that the pricing on some products is incorrect and they are actually losing money on every sale.<br />
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Let's take a look at some information related to B Sweet as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
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<b>News and Links Related To The Company:</b><br />
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<ul style="text-align: left;">
<li>Here is the B Sweet <a href="https://www.mybsweet.com/" target="_blank">website</a> and <a href="https://www.facebook.com/bsweetdessertbar/" target="_blank">Facebook Page</a>. They also have another B Sweet <a href="https://www.facebook.com/myBSweet/" target="_blank">Facebook page</a> which isn't as active. </li>
<li>The B Sweet <a href="https://www.instagram.com/mybsweet/" target="_blank">Instagram page</a> has about 62,000 followers at the moment.</li>
<li>The 'About' section of B Sweet mentions the possibility of a second B Sweet Dessert Bar opening soon. (<a href="https://www.mybsweet.com/about" target="_blank">Link</a>)</li>
<li>B Sweet has a variety of items in store and they also distribute items such as cold brew coffee to wholesalers such as Whole Foods. They also distribute bread pudding, but the website says it will be back on the shelves soon.</li>
<li>The bread pudding launched in 2014 and was sold in more than 250 Target stores nationwide. (<a href="http://www.tastetv.com/2014/08/13/chef-barbs-b-sweet-rolls-out-bread-pudding-product-line/" target="_blank">Link</a>)</li>
<li>Here are the <a href="https://www.yelp.com/biz/b-sweet-dessert-bar-los-angeles-7?sort_by=date_desc" target="_blank">Yelp reviews</a> for B Sweet Dessert Bar. There are over 1,600 with a 4-star average.</li>
<li>Owner Barb Batiste started out with a catering company in 2009. In 2012, she launched two desert food trucks. In 2014, she opened B Sweet Dessert Bar. In 2018, she opened a Filipino restaurant just a few doors down from B Sweet called Big Boi.</li>
<ul>
<li>Here are the <a href="https://www.yelp.com/biz/big-boi-filipino-los-angeles-2?osq=big%20boi&sort_by=date_desc" target="_blank">Yelp reviews</a> for Big Boi.</li>
</ul>
</ul>
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<div>
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - Marcus was only interested in the coffee business and offered $250,000 for 50% of the business. $50,000 would be for past due debts and $50,000 would be used for product development.</li>
<li>Barb decided to give Kurt 25% out of her 50% making them equal partners.</li>
<li>There is now an online store on the B Sweet website at the <a href="https://b-sweet-desserts-coffee-and-tea.myshopify.com/" target="_blank">following link</a>. They are selling nitro coffee cans (6-pack $24 plus shipping), cake jars (3-pack $21 plus shipping) and cookie jars (3-pack $21 plus shipping).</li>
<ul>
<li>The old can labeling is still on the website photos.</li>
</ul>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html" target="_blank">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317" target="_blank">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates" target="_blank">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-2461052851118198492019-12-17T13:01:00.001-05:002019-12-17T22:59:57.095-05:00The Profit - Las Vegas Mini Grand Prix Update<div dir="ltr" style="text-align: left;" trbidi="on">
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Tonight on <i>The Profit</i>, Marcus Lemonis is in Las Vegas, Nevada to make a deal with Las Vegas Mini Grand Prix. Las Vegas Mini Grand Prix is a family fun center that has go-karting and an amusement park. When Marcus arrives, he likes the location but finds that the property is not being cared for. The owners also do not own the land where the business is located and the rent is causing liquidity issues.<br />
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Let's take a look at some information related to Las Vegas Mini Grand Prix as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
<br />
<b>News and Links Related To The Company:</b><br />
<br />
<ul style="text-align: left;">
<li>Here is a <a href="https://www.youtube.com/watch?v=-dBFk2Rmv1k" target="_blank">video</a> of the first seven minutes of the episode from the CNBC YouTube page.</li>
<li>Here is the Las Vegas Mini Grand Prix <a href="http://www.lvmgp.com/" target="_blank">website</a> and <a href="https://www.facebook.com/LasVegasMiniGrandPrix/" target="_blank">Facebook page</a>. </li>
<ul>
<li>There is daily pricing for activities depending on what you want to do while you are there.</li>
<li>They offer multiple different 90-day passes ranging from $199 to $499.</li>
</ul>
<li>There was a Grand Reopening Party on October 25th, 2019. (<a href="https://www.facebook.com/events/518721242294221/" target="_blank">Link</a>)</li>
<li>There are over 250 reviews for Las Vegas Mini Grand Prix on Yelp with a 3.5-star average. (<a href="https://www.yelp.com/biz/las-vegas-mini-gran-prix-las-vegas-7?sort_by=date_desc" target="_blank">Link</a>) They have a 4-star rating on Tripadvisor. (<a href="https://www.tripadvisor.com/Attraction_Review-g45963-d265477-Reviews-Las_Vegas_Mini_Gran_Prix_Family_Fun_Center-Las_Vegas_Nevada.html" target="_blank">Link</a>)</li>
<li>For those of you that have children and know who Blippi is, he posted a video at Las Vegas Mini Grand Prix in 2018. That <a href="https://www.youtube.com/watch?v=yscr5dcwbic" target="_blank">video</a> currently has about 31 million views.</li>
<li>Taylor Barton was involved with competitive racing and here is his racing <a href="http://taylorbartonracing.com/" target="_blank">website</a>.</li>
<li>The Barton's have a <a href="https://bartonmethod.com/" target="_blank">website</a> called The Barton Method. The Barton Method is "A personal growth program for lasting change." There are three programs called Mind (online personal growth course by Jerry Barton), Body (fitness program by Taylor Barton) and Soul (meditations by Matisun Barton). All of these programs cost money and there is a video on the site detailing The Barton Method.</li>
<ul>
<li>A similar website with the Barton Family called Leaving Manureville <a href="http://leavingmanureville.taylorbartonracing.com/" target="_blank">is here</a>. </li>
</ul>
</ul>
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<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - Marcus decided not to invest in the business, but wanted to invest in the real estate. If the owners could agree to settlement on the property, Marcus will loan them the money. Marcus wanted them to offer $3 million to buy the land and consolidate the outstanding debt. Marcus would either provide the $600,000 (20%) cash needed for a down payment or the financing for the full $3 million.</li>
<ul>
<li>This did not work out as Jerry decided to try to get 100% financing from the bank. Marcus decided to back out due to this and the fact that Jerry didn't want to put money into improving the property.</li>
</ul>
<li>Las Vegas Mini Grand Prix did keep the new name with the 'D' in Grand and they kept the logo designed by Tankfarm (season 5)</li>
<li>After the episode aired, the Las Vegas Mini Grand Prix website was down due to what it seems like server issues.</li>
<li>Las Vegas Mini Grand Prix clothing merchandise is available for sale on the website.</li>
</ul>
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<br />
*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-71379059858491760452019-12-10T14:47:00.003-05:002019-12-10T23:00:28.615-05:00The Profit - RAMP Sports Update<div dir="ltr" style="text-align: left;" trbidi="on">
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Tonight on <i>The Profit</i>, Marcus Lemonis is in Park City, Utah to make a deal with RAMP Sports. This episode is being advertised as a "lost" episode of <i>The Profit</i> that is now airing at a later date. RAMP Sports is a store that is majority-owned by Lou Sardella which specializes in snowboards and skis. Lou sold a successful business and there is almost $8 million invested in RAMP Sports.<br />
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Let's take a look at some information related to RAMP Sports as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
<b>News and Links Related To The Company:</b><br />
<b><br /></b>
<br />
<ul style="text-align: left;">
<li>Here is the opening <a href="https://www.cnbc.com/video/2019/12/09/full-opening-the-first-7-minutes-of-the-hat-box-ramp-episode.html" target="_blank">video</a> for the episode from the CNBC website. The second half is for RAMP Sports.</li>
<li>RAMP stands for Riders Artists Musicians Project.</li>
<li>RAMP Sports opened in late 2010.</li>
<li>RAMP Sports closed in August 2016 apparently after an investor pulled out. (<a href="https://www.parkrag.com/ramp-sports-appears-jumped-abyss/" target="_blank">Link</a>)</li>
<li>RAMP Sports did 3 rounds of funding totaling over $1 million. (<a href="https://www.crunchbase.com/search/funding_rounds/field/organizations/num_funding_rounds/ramp-sports" target="_blank">Link</a>)</li>
<li>As RAMP Sports is closed, there is no Facebook page or website.</li>
<li>Here is a company profile for Ramp Sports in 2015 which says they started manufacturing in Taiwan before moving to Park City, Utah. It said they also had licensing deals with MLB, NFL and NCAA. (<a href="https://companyweek.com/company-profile/ramp-sports" target="_blank">Link</a>)</li>
<li>Here is an article showing the makeover done at Lou Sardella's lakeside home in Tahoe. (<a href="https://tahoequarterly.com/mountain-home-awards-2014/neighbor-labor" target="_blank">Link</a>)</li>
</ul>
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<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - There was no deal on the show which is why it was a "lost episode." Offer was $1.25 million for 33% of the business and Marcus gets his money back first. The owners didn't like having Marcus Lemonis in control, so they didn't take the deal and Marcus walked out.</li>
<li>As stated above, RAMP Sports closed in August 2016.</li>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-60355780605636963152019-12-10T14:43:00.002-05:002019-12-10T22:31:03.347-05:00The Profit - Hatbox: A Modern Haberdashery Update<div dir="ltr" style="text-align: left;" trbidi="on">
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Tonight on <i>The Profit</i>, Marcus Lemonis is in Austin, Texas to make a deal with Hatbox: A Modern Haberdashery. This episode is being advertised as a "lost" episode of <i>The Profit</i> that is now airing at a later date. Hatbox is owned by Lauri Turner and while Marcus is there, he is having trouble getting answers to a lot of his questions about the business.<br />
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Let's take a look at some information related to Hatbox: A Modern Haberdashery as well as what kind of deal was made on the show.<br />
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<br />
<a name='more'></a><br />
<br />
<b>News and Links Related To The Company:</b><br />
<br />
<ul style="text-align: left;">
<li>Here is the opening <a href="https://www.cnbc.com/video/2019/12/09/full-opening-the-first-7-minutes-of-the-hat-box-ramp-episode.html" target="_blank">video</a> for the episode from the CNBC website. </li>
<li>Here is the Hatbox <a href="http://www.hatbox.com/" target="_blank">website</a> and <a href="https://www.facebook.com/hatboxaustin" target="_blank">Facebook page</a>.</li>
<li>The website does have an online store, but there does not appear to be many items available online.</li>
<li>A Haberdashery is described on the website as a "specialty-clothing store focused on accessory items such as hats, gloves and scarves."</li>
<li>Here is the evolution of the store from their website, "Hatbox began in the Montrose District of Houston in 1974. Originally Vertigo Inc., the store began as an innovative gift and art retailer in the heart of Houston's Museum district. After 8 years of rapid growth, founder, Lauri Turner, moved the store to Austin and the long road to haberdashery began. For the next 20 years Vertigo went from gift retailer, to custom clothier, to accessory specialty and now, modern haberdashery."</li>
<li>The Hatbox has a lot of photos on their social media pages of celebrities that come into the store.</li>
</ul>
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<br />
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - Obviously there was no deal as this was a "lost episode." Marcus didn't feel comfortable being stern with owner Lauri Turner.</li>
<li>Hatbox is still open and operating in the same location.</li>
</ul>
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<br />
<br />
*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-10755193855094779262019-12-03T15:49:00.003-05:002021-04-30T11:42:47.343-04:00The Profit - Macaron Queen Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPr0OfujpR4I7DCkM2Fznv0-BsCfYpDpJusOYMA7Si3DdtHJChfy78yT-AUTOLZNbK0CUEsa11GydcUjuKy7b2QOuxQuvBbptP3iTohxgMd6XmP62qG1eLeI-YwTztWsg_ggiTUDihEW9m/s1600/The+Profit+Macaron+Queen.PNG" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="495" data-original-width="941" height="210" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPr0OfujpR4I7DCkM2Fznv0-BsCfYpDpJusOYMA7Si3DdtHJChfy78yT-AUTOLZNbK0CUEsa11GydcUjuKy7b2QOuxQuvBbptP3iTohxgMd6XmP62qG1eLeI-YwTztWsg_ggiTUDihEW9m/s400/The+Profit+Macaron+Queen.PNG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Atlanta, Georgia to make a deal with Macaron Queen. Macaron Queen is a company in the Perimeter Mall that specializes in macarons and is owned by a mother-daughter team. The mother has health problems and the stress of the business is not helping her condition. Macaron Queen needs help to scale the business so it can become larger and more successful. Marcus will want them to become more focused on wholesale selling and online distribution of their products.<br />
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Let's take a look at some information related to Macaron Queen as well as what kind of deal was made on the show.<br />
<br />
<a name='more'></a><br />
<b>News and Links Related To The Company:</b><br />
<br />
<ul style="text-align: left;">
<li>Here is the 7-minute <a href="https://www.youtube.com/watch?v=KPDyhgdhga0" target="_blank">opening video</a> of the episode from the CNBC YouTube page.</li>
<li>I am sure there will be a lot of chatter with how Marcus Lemonis pronounces macaron. There will be the macaron vs. macaroon debate as they are different.</li>
<li>Here is the Macaron Queen <a href="https://macaronqueen.com/" target="_blank">website</a> and <a href="https://www.facebook.com/MacaronQueen/" target="_blank">Facebook page</a>.</li>
<ul>
<li>Macaron Queen has their kiosk at Perimeter Mall in Atlanta and they currently have 3 certified retailers in Georgia that sell their products.</li>
<li>Their website proudly displays a picture of Nina and Finia with a <i>The Profit</i> graphic on it.</li>
<li>Macarons are available for purchase on their website. The macarons average about $2.31 per macaron with 25 being $57.75 and 40 being $92.50. Shipping is extra.</li>
</ul>
<li>That price point is similar to the macaron variety boxes for sale on Amazon. (<a href="https://amzn.to/2YaGX9Q" rel="nofollow" target="_blank">Link</a>)</li>
<li>The reviews for Macaron Queen on Yelp are positive with a 4 out of 5-star rating. (<a href="https://www.yelp.com/biz/macaron-queen-atlanta-8?sort_by=date_desc" target="_blank">Link</a>)</li>
<li>Nina Chteoui is also a real estate agent specializing in luxury listings. (<a href="https://luxurylistingsatlanta.com/" target="_blank">Link</a>)</li>
<li>Marcus Lemonis and Macaron Queen are tagging Weight Watchers (WW) on their social media, so look for them to show up in this episode.</li>
<li>In 2018, Marcus posted a picture of a macaron ice cream sandwich. Perhaps Macaron Queen and Mr. Green Tea will team up in the future. (<a href="https://twitter.com/grlopez24/status/974454136841191424" target="_blank">Link</a>)</li>
</ul>
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<b><br /></b>
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - Marcus will invest in $100,000 increments for a total of $500,000. Each $100,000 increment would be for 10% of the business. Each increment would be based on achieving certain production levels without compromising quality. Macaron Queen could stop the investment at any point if the money was not needed.</li>
<li>The Macaron Queen website states, "For more information on opportunities for Franchise and Wholesale contact us at <a href="https://macaronqueen.com/info@macaronqueen.com">info@macaronqueen.com</a>." So they are looking for franchisees and wholesale contracts.</li>
<li>Nina and Finia got somebody to take over their mall lease and they are now providing them with the wholesale macarons.</li>
<li>It seems that Macaron Queen has decided not to use a co-packer so far due to costs according to a few tweets during the show. (<a href="https://twitter.com/macaron_queen/status/1202097774810021888" target="_blank">Link 1</a>, <a href="https://twitter.com/macaron_queen/status/1202098373551108096" target="_blank">Link 2</a>)</li><li>UPDATE 4/2021 - Macaron Queen partnered with 1800Flowers.com and their macarons are available on their website. (<a href="https://www.facebook.com/MacaronQueen/posts/4120019861382406?__cft__[0]=AZVVUGiB_7OoXRiW74e_tjRiMOpsjZe9yIdTrzDQ-XN4wEUtbnhcBu421LUdLP4M2_rUt1r8BqMyoxPOau-GbgIyHS7ivOJNuTY-vWeTVjtAZ9HWEs1QswXDLqT5FRpgK_S9kqG9eAb_3kIkeCBpMHkXOw3LmzhBi2qXxY1-inRR4Q&__tn__=%2CO%2CP-R" target="_blank">Link</a>)</li>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.<br />
<br /></div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-20142223577378428302019-11-26T13:24:00.000-05:002019-11-26T22:19:56.362-05:00The Profit - Polar Bear Coolers Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgU7FDoENINOWNs-6Y6wc2IpJPhj7_aO2VNteKSZ_r8UA7YD_ClI4m9C6I_62trpjfjXHhWp9wNfnh7ofdMFNT82FV0FYNujNo2JwpG7Y_MWfudwR7D_x7aHpKpD80bL0GXfPZZbRCi1unE/s1600/The+Profit+Polar+Bear+Coolers.PNG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="496" data-original-width="920" height="215" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgU7FDoENINOWNs-6Y6wc2IpJPhj7_aO2VNteKSZ_r8UA7YD_ClI4m9C6I_62trpjfjXHhWp9wNfnh7ofdMFNT82FV0FYNujNo2JwpG7Y_MWfudwR7D_x7aHpKpD80bL0GXfPZZbRCi1unE/s400/The+Profit+Polar+Bear+Coolers.PNG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Atlanta, Georgia to make a deal with Polar Bear Coolers. Polar Bear Coolers is a company specializing in soft-sided coolers. Sales at Polar Bear Coolers have been declining and the owner Strud Nash does not respect his employees. While Marcus is there, he also discovers Polar Bear Coolers has poor inventory management and terrible marketing.<br />
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Let's take a look at some information related to Polar Bear Coolers as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
<br />
<b>News and Links Related To The Company:</b><br />
<br />
<ul style="text-align: left;">
<li>Here is a 7-minute <a href="https://www.youtube.com/watch?v=UqhU_moWpRE" target="_blank">preview video</a> of the episode from the CNBC YouTube page.</li>
<li>Here is the Polar Bear Coolers <a href="https://www.polarbearcoolers.com/" target="_blank">website</a> and <a href="https://www.facebook.com/PolarBearCooler" target="_blank">Facebook page</a>. </li>
<ul>
<li>The new website launched in early November 2019. (<a href="https://www.facebook.com/PolarBearCooler/photos/a.117091984991460/2722324547801511/?type=3&__xts__%5B0%5D=68.ARB1ZWWiZB-e2aHmS8-_DB5q6rL3Anbzm5MQaEZ_PRGJS2EntvrlILCTKj99IdE5ddQx2Rk1-U1u-cF0dnNewcKnom9N2qPcrkOgWoGwFNJWG5w76Lqt4YyrcdSnTFwlwjEOs0wvgR9KbHzfqbUpxnfiGSU39YijEdqz3jOHKKiojdbpjIH9g3jXK8JTPa4xGP3gqbHfdFe7ceMk1YnSKJuQ6umgEomHaQyebRmPwB1fZbAUcKp55oFF8Ngckn5YSa4cTB_OSStOn5aD0AYGH6-5bplDTxBoW-PJBBZ-RSYb-ktaGgf_SQHEm_9V4Vs7dABwRJ3KbY8YnpGf8qbFG6piIQ&__tn__=-R" target="_blank">Link</a>)</li>
<li>The website has snowflakes cascading down, which can get kind of annoying while you are looking at it or reading things.</li>
<li>The Polar Bear website is offering sales on some coolers through Cyber Monday and they also have their new hard coolers available for pre-order.</li>
</ul>
<li>Polar Bear Coolers sells a large variety of their coolers on Amazon. (<a href="https://amzn.to/37CPG9m" rel="nofollow" target="_blank">Link</a>)</li>
<li>Polar Bear Coolers are also for sale at many online retailers such as Target, Walmart, Camping World (Marcus' company), etc.</li>
</ul>
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<br />
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - A $540,000 line of credit for the business at a 5% interest rate. This money would help build inventory and the credit would be paid out of the profit of the goods sold. Marcus would also get 25% equity in the business.</li>
<li>Here is a 5-minute video and story where owner Strud Nash talks about his experience on the show and how he is thankful they included his sister Brett in everything. He also talks about the process of adding shelves to the warehouse and how he was against it at first, but now he likes it after the fact. (<a href="https://www.cnbc.com/2019/11/24/the-profit-next-episode-marcus-lemonis-helps-polar-bear-coolers.html" target="_blank">Link</a>).</li>
<li>Polar Bear Coolers posted this <a href="https://www.facebook.com/PolarBearCooler/photos/a.117091984991460/2773335502700415/?type=3&__xts__%5B0%5D=68.ARDvZw5dQvbMLu2aApTFOMJgIaSYdZYqyAAtexeyyXX6BWiMJ8xcEnvXrykTUDziwnvrv1mdD1HD5jKPM7jWhosj7mRYOSqgdwFiOaLSDdfP7NP3t9lqxscwxww1KpIn2uYprdbvmBjz0P89GJ1lritabALV6loIBHu8cQtUcBYv0WFdDGlTL6awjKZ6d-biC3GEK2YYZOvZ1sVXjv8c9SiYE62I_n_g9tB3RocuwfaQ8IfDW0rjybdG_t2mAacMaofXbvJV7LWKn67RmOar6y9OQcQ3eP8iMya5KAqWvBf5VHQaznHFApBCecuc62MiktT_W10uiJzYF5hq06BLPe9URQ&__tn__=-R" target="_blank">message</a> on their Facebook page the day their episode aired: "Today is the day #TEAMPOLARBEAR!! Over the last 18 years, we have pioneered the performance soft cooler industry. At 12:00 PM EST, our presale opens for Polar Bear Hard Coolers. Tonight at 10:00 PM EST we appear on CNBC The Profit so make sure you look for our watch party and tune in. Our entire pricing has been revamped to match some of the biggest competition in the industry and we have a special gift for you. From now through Cyber Monday take an additional 20% off our already low prices on our entire website simply use code 𝐓𝐇𝐄𝐏𝐑𝐎𝐅𝐈𝐓 at checkout. Are you ready for a cool relation? 😎"</li>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-10627849772690912882019-11-19T11:50:00.002-05:002021-08-31T21:26:27.269-04:00The Profit - Skinny Latina Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqz701r_h7lUIVjy5Nd-stcgXHk7mPdHzlLJnKCkIGSW85fXNV89xSdmBp6d0s8GyLMWw4oDTYJ9UOYPzerts6xgvLN-yp4h4WsusU-Qgqn_7CWnDonoSlxUBQPyUej46KSb3Wm94OtW5e/s1600/The+Profit+Skinny+Latina.PNG" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="499" data-original-width="935" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqz701r_h7lUIVjy5Nd-stcgXHk7mPdHzlLJnKCkIGSW85fXNV89xSdmBp6d0s8GyLMWw4oDTYJ9UOYPzerts6xgvLN-yp4h4WsusU-Qgqn_7CWnDonoSlxUBQPyUej46KSb3Wm94OtW5e/s400/The+Profit+Skinny+Latina.PNG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Daytona Beach, Florida to make a deal with Skinny Latina. Skinny Latina is a food company specializing in marinated sauces that is owned by Ana Quincoces. Skinny Latina has been around for about six years and has a regional base in Florida. Marcus needs to determine if Skinny Latina is a real business or more of a side hustle. While Marcus is there, he finds that Ana doesn't know her numbers as well as she should and that there are branding issues.<br />
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Let's take a look at some information related to Skinny Latina as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
<br />
<br />
<b>News and Links Related To The Company:</b><br />
<br />
<br />
<ul style="text-align: left;">
<li>Here is a 7-minute <a href="https://www.youtube.com/watch?v=RlyvqZtSFKU" target="_blank">preview video</a> of the episode from the CNBC YouTube page.</li>
<li>The Skinny Latina sauces are available on Ana Quincoces' website <a href="https://www.anaq.com/pages/shop-skinny-latina" target="_blank">AnaQ.com</a>. Ana also promotes them on her personal <a href="https://www.facebook.com/OfficialAnaQ/" target="_blank">Facebook page</a>. There is no dedicated Skinny Latina website or Facebook page.</li>
<ul>
<li>There is a hot sauce, 2 BBQ sauces, and a marinade & cooking sauce which come in 4-packs and are priced $26 to $28.</li>
<li>The marinade is available <a href="https://amzn.to/2OsWlKr" rel="nofollow" target="_blank">on Amazon</a>, but a single bottle is currently $18.99.</li>
</ul>
<li>Skinny Latina owner Ana Quincoces appeared on Bravo's <i>Real Housewives of Miami.</i></li>
<li>The logo for Skinny Latina was compared to the logo of Skinnygirl which is also owned by <i>Real Housewives</i> cast member Bethenny Frankel. Marcus has supposedly dated Bethenny Frankel in the past. (<a href="https://www.eonline.com/fr/news/690221/bethenny-frankel-casually-dating-cnbc-s-marcus-lemonis-plus-see-what-she-said-about-her-romantic-life" target="_blank">Link</a>)</li>
<li>Ana Quincoces also appeared on season 12 of <i>Food Network Star</i>. (<a href="https://www.foodnetworkgossip.com/2016/07/food-network-star-episode-9-elimination.html" target="_blank">Link</a>)</li>
<li>Ana Quincoces has written multiple cookbooks which are <a href="https://amzn.to/2r4ggaB" rel="nofollow" target="_blank">available on Amazon</a>.</li>
<li>Ana was asking her fans for input on the new labeling for Skinny Latina while the episode was being filmed. (<a href="https://www.instagram.com/p/B1br9vCnlb4/" target="_blank">Link</a>)</li>
<li>Ana joked about people not knowing their numbers on <i>The Profit</i> during last week's episode. (<a href="https://twitter.com/OfficialAnaQ/status/1194453383689723904" target="_blank">Link</a>)</li>
</ul>
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<b><br /></b>
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<br />
<ul style="text-align: left;">
<li>Marcus said he would invest in Ana's business if she could get other people to invest. Marcus wanted to see Ana give an investor presentation with a business plan that would convince others to invest.</li>
<li><u>The Deal</u> - $75,000 for 15% with the option to invest $125,000 for 25% of the business. Marcus would be able to decide how much to invest after a period of time based on how the business was growing. There was also another investor who agreed to the same terms as Marcus. </li>
<li>The sauces and marinades that are for sale on the AnaQ website all have the new labels designed on the show.</li>
<li>Update 2/20 - Skinny Latina sauces and marinades are now available at Publix super markets. (Link)</li><li>UPDATE 3/21 - Skinny Latina sauces and marinades are being sold at Walmart stores. (<a href="https://www.instagram.com/p/CMzuT3xJk6z/" target="_blank">Link</a>)</li><li>UPDATE 5/21- In May 2021, Ana Quincoces announced she will be opening a Skinny Latina restaurant with Marcus Lemonis. The restaurant will be called Skinny Latina Kitchen and Market and will be located in Miami. Ana says "the dream of bringing delicious healthy Latin cuisine in a fast casual space in our hometown will now be a reality." (<a href="https://www.instagram.com/p/CO0Tok1p3OY/" target="_blank">Link</a>)</li>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-11068549031517070052019-11-12T13:22:00.000-05:002019-11-12T22:59:25.794-05:00The Profit - Coco Taps Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLWtwL4e-I9O2c_MLDlxt2EVEj4VlGcKuQFQ-T8K3gUqn6jD0FXoLgMihO3Oxv_8YXdt_3l7NCWMeF0Nr6kqmU1gN6M-lWA3t0y7P6CAHZVBWE51e1EdFfsGClZUCR36e148N0dyLDNgne/s1600/The+Profit+-+Coco+Taps.PNG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="471" data-original-width="900" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLWtwL4e-I9O2c_MLDlxt2EVEj4VlGcKuQFQ-T8K3gUqn6jD0FXoLgMihO3Oxv_8YXdt_3l7NCWMeF0Nr6kqmU1gN6M-lWA3t0y7P6CAHZVBWE51e1EdFfsGClZUCR36e148N0dyLDNgne/s400/The+Profit+-+Coco+Taps.PNG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Las Vegas, Nevada to make a deal with Coco Taps. Coco Taps is a company owned by Vincent Zaldivar who refers to himself as Coco Vinny. Coco Taps that has a product that taps coconuts and they claim to be a zero waste company. While Marcus is there, he sees that the tap is plastic, so he isn't so sure they are a zero waste company.<br />
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Let's take a look at some information related to Coco Taps as well as what kind of deal was made on the show.<br />
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<a name='more'></a><br />
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<b>News and Links Related To The Company:</b><br />
<br />
<ul>
<li>Here is a 7-minute preview video of the episode from the CNBC YouTube page. (<a href="https://www.youtube.com/watch?v=0MROufvLnjg" target="_blank">Link</a>)</li>
<li>Here is the Coco Taps <a href="https://www.cocotaps.com/" target="_blank">website</a> and <a href="https://www.facebook.com/CoCoTapsForYou/" target="_blank">Facebook page</a>.</li>
<li>Coco Taps raised over $66,000 for the business on WeFunder.com. (<a href="https://wefunder.com/cocotaps?fbclid=IwAR2SaTfALrE81hoQwRSFW7KQt21x-cDRe1dbYhI6eFu5ZudVP-tEfA0XCOI" target="_blank">Link</a>)</li>
<li>Vincent "CoCoVinny" Zaldivar appeared on ABC's Shark Tank to pitch Coco Taps in 2017. He was looking for $150,000 for 10% equity in the company but didn't get a deal.</li>
<li>The Coco Taps Instagram page says "As seen on Shark Tank and The Profit." (<a href="https://www.instagram.com/cocotapsforyou/" target="_blank">Link</a>)</li>
<li>Coco Taps is available <a href="https://amzn.to/2Qa92MK" target="_blank">for sale on Amazon</a> and the current price is $27.95. </li>
<li>There is also a similar product on Amazon called CocoDrill, which sells for $7.49. (<a href="https://amzn.to/2Q9Fbnm" target="_blank">Link</a>)</li>
<li>Here is a <a href="https://patents.justia.com/inventor/vincent-zaldivar" target="_blank">link</a> to the patents that are listed under Vincent Zaldivar's name, which have detailed information. </li>
</ul>
<div>
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<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<br />
<ul style="text-align: left;">
<li>Marcus wanted to test another market before offering a deal. He chose Key West, FL and they set up at Key Lime Pie Company (season 2). </li>
<li><u>The Deal</u> - $100,000 down payment and Marcus would work to license the taps particularly in South Florida. The deal is contingent upon the utility patent approval. Marcus also wanted to see true financials on the Las Vegas market. </li>
<li>The deal fell through when Marcus Lemonis got someone to review the Coco Taps patent which was rejected multiple times due to a similar invention that was invented prior. As stated above, here is the <a href="https://patents.justia.com/inventor/vincent-zaldivar" target="_blank">link</a> to Vinny's patent applications. Vinny also didn't provide the financials Marcus requested and didn't develop a training plan.</li>
</ul>
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*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-21639607406135704732019-11-05T10:47:00.000-05:002019-11-05T22:52:02.110-05:00The Profit - Dante's Italian Cuisine Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimos42gNr_06ijbWen0uNcjVPSFVi0Uwx41kapE5v4IeV8vLUgP_Gt5IQEV4J1OeZE1Gp5tZh0xUSyJjoJAm44bNbu3y6ZxAeRtm9skbbWjHq9vP3DmwAFNanvWemdsYtvDWNu8-TXZwxT/s1600/The+Profit+-+Dante%2527s+Italian+Cuisine.PNG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="500" data-original-width="929" height="215" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimos42gNr_06ijbWen0uNcjVPSFVi0Uwx41kapE5v4IeV8vLUgP_Gt5IQEV4J1OeZE1Gp5tZh0xUSyJjoJAm44bNbu3y6ZxAeRtm9skbbWjHq9vP3DmwAFNanvWemdsYtvDWNu8-TXZwxT/s400/The+Profit+-+Dante%2527s+Italian+Cuisine.PNG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Rockaway, New Jersey to make a deal with Dante's Italian Cuisine. Dante's Italian Cuisine is an Italian restaurant owned by Dante Alario that is BYOB and specializes in pizzas and other Italian favorites. While Marcus Lemonis is there, he finds that Dante's father wont stay out of the way and that he needs to teach Dante managerial skills. Despite the restaurant's struggles and the run-down appearance, Marcus thinks the food is delicious.<br />
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Let's take a look at some information related to Dante's Italian Cuisine as well as what kind of deal was made on the show.<br />
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<br />
<br />
<a name='more'></a><br />
<br />
<br />
<b>News and Links Related To The Company:</b><br />
<div>
<br />
<ul style="text-align: left;">
<li>Here is a 9-minute <a href="https://www.youtube.com/watch?v=UWaNkPBWC0Q" target="_blank">preview video</a> of the episode from the CNBC Prime YouTube page.</li>
<li>Here is the Dante's Italian Cuisine & Brick Oven Pizza <a href="https://www.facebook.com/DantesItalianCuisine/" target="_blank">Facebook page</a> and <a href="https://www.dantesitaliancuisine.com/" target="_blank">website</a>.</li>
<ul>
<li>Their website and Facebook page both advertise their upcoming appearance on <i>The Profit</i>.</li>
</ul>
<li>The restaurant was formerly called Brick House Restaurant when Dante bought it in 2016.</li>
<li>The restaurant was closed almost the whole month of August. The grand re-opening with Marcus Lemonis happened in early September 2019. (<a href="https://www.facebook.com/TheProfitCNBC/posts/theprofit-alert-come-party-with-marcus-lemonis-at-the-grand-re-opening-of-dantes/1173068576210339/" target="_blank">Link</a>)</li>
<li>In late August, Dante updated customers in a Facebook <a href="https://www.facebook.com/DantesItalianCuisine/posts/728299287604820?__xts__%5B0%5D=68.ARCYQaAEXg9n4oBv2lBFXOoFrChN6vuJVlwLfkVfvRCGP5hrWeqjoBq6sdBU2O-y2kqHL8iwzwPhvO656h9zi7ikP1DuD9Wn1212c81cryPTR1Jv1JWmYaESu6yRcm4yiE3q5_AQH7KLM-2cguIVv1AkOXw8BOiShYkeKloxMuCY2YMwP2kEqcf7c9sl0hShtJHQpSGM0ijFLGEo7sYMn1w4dxH4Oinu7SKgcheLgoPFiOb3TW5lMq4oPYJYxuKLrmkH0LvkIyDpN1QaXMZbu_7w3oQlWL6_szcJ1brWW5vrhJacZmCjcqYTHSQRsj09UrZXrTEdLmF7Qy5OA5k&__tn__=-R" target="_blank">post</a> on what has been done, stating, </li>
</ul>
<br />
<blockquote class="tr_bq">
"To Our Valued Customers,<br />
As you may know, we have been undergoing renovations to improve the appearance & functionality of Dante's Italian Cuisine & Brick Oven Specialty Pizza. Our work is now nearing completion & we have a target date for re-opening on Tuesday, September 3rd.<br />
Over the past few weeks, we took major strides in improving all facets of our business which include the following:<br />
•Outside appearance around the building & property to create a more inviting appeal for our guests<br />
•Re-formatting our kitchen with a better functional design & equipment upgrades which will cut down waiting times for your orders<br />
•New dining room including brand new furniture & additional barstool seating around our brick ovens<br />
We could not be more excited to add the finishing touches so we can get back to doing what we love -- Serving you! Each day we are getting closer to our goal & we will see you after Labor Day barring any setbacks.<br />
Lastly, we would like to thank each and every one of you for your patience & continued support through this process. The finished product will enable us to serve the Rockaway community better than ever before!<br />
Looking forward to serving you soon,<br />
-Dante"</blockquote>
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - Marcus didn't take any equity in the business, but decided to help out Dante in cleaning up the business. He gave Dante an interest free loan of $30,000 for updates that could be repaid whenever Dante wants.</li>
<li>Since filming, Dante gave an update that said, "We’re not breaking any records now, but business has been better." (<a href="https://www.northjersey.com/story/life/food/2019/10/31/rockaway-nj-dantes-italian-cuisine-featured-cnbcs-the-profit-nov-5/4089058002/" target="_blank">Link</a>)</li>
<li>Here are the Yelp reviews for Dante's Italian Cuisine sorted from newest to oldest. The reviews are mostly positive. (<a href="https://www.yelp.com/biz/dantes-italian-cuisine-and-brick-oven-specialty-pizza-wharton-2?sort_by=date_desc" target="_blank">Link</a>)</li>
<li>Here are the Tripadvisor reviews for Dante's which are somewhat mixed. (<a href="https://www.tripadvisor.com/Restaurant_Review-g46783-d12844112-Reviews-Dante_s_Italian_Cuisine_Brick_Oven_Specialty_Pizza-Rockaway_Morris_County_New_Jer.html" target="_blank">Link</a>)</li>
<li>Here is the Stars of Hope <a href="https://starsofhopeusa.org/" target="_blank">website</a>. </li>
</ul>
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<br />
*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-88401746144052525152019-03-19T03:30:00.000-04:002019-03-19T23:00:24.426-04:00The Profit - Handi Products Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLR7Slqzo92yOFpUqLDUHVfLuQEDlP5E0OCL6SZEmo_ayTRuzO49yu23Si-2fFiUzEtdVrbrPlem5S3C7Op_a-kbK64oG2QfZpv0TxIKaKkMM_RLZLJ3GcWXvcS_Oy6QUBDWZjgVNsYn6V/s1600/The+Profit+Handi+Products.JPG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="502" data-original-width="999" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLR7Slqzo92yOFpUqLDUHVfLuQEDlP5E0OCL6SZEmo_ayTRuzO49yu23Si-2fFiUzEtdVrbrPlem5S3C7Op_a-kbK64oG2QfZpv0TxIKaKkMM_RLZLJ3GcWXvcS_Oy6QUBDWZjgVNsYn6V/s400/The+Profit+Handi+Products.JPG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Libertyville, Illinois hoping to make a deal with Handi Products. Handi Products specializes in products for both humans and animals that prevent slips with non-slick treads. While Marcus is there, he needs to help a father and son overcome their troubled past. He also finds packaging that is confusing and that the owner Thom tries to avoid conflict with his employees including his son Alex.<br />
<br />
Let's take a look at some information related to Handi Products as well as what kind of deal was made on the show.<br />
<br />
<a name='more'></a><br />
<b>News and Links Related To The Company:</b><br />
<ul style="text-align: left;">
<li>Here is the Handi Products <a href="https://www.handiproducts.com/" target="_blank">website</a>.</li>
<ul>
<li>The website says they manufacture and market Handi-Treads®, Puppy Treads®, People Treads®, PetSTEP® Ramps, and Stop the Slip™ Products.</li>
<li>On the 'Where to Buy' portion of the website, it lists where to buy the products such as Ace and True Value. All of the Handi Ramp products have the text "As Seen on The Profit." (<a href="https://www.handiproducts.com/where-to-buy/" target="_blank">Link</a>)</li>
</ul>
<li>Handi Treads sells their products <a href="https://amzn.to/2Wapufz" rel="nofollow" target="_blank">on Amazon</a> and even their website points customers to Amazon. (<a href="https://amzn.to/2Wapufz" rel="nofollow" target="_blank">Link</a>)</li>
<li>Here is the Handi Ramp <a href="https://www.handiramp.com/" target="_blank">website</a> and <a href="https://www.facebook.com/HandiRamp/" target="_blank">Facebook page</a>.</li>
<li>According to Inc.com, Handi Ramp had revenues of $5.8 million back in 2009. (<a href="https://www.inc.com/profile/handi-ramp" target="_blank">Link</a>)</li>
<li>Handi Ramp has great reviews on Google with a 4.8 out of 5-star rating. (<a href="https://www.google.com/search?safe=off&ei=7kWQXO_-AuW9ggeXhJrQBg&q=handi+ramp+libertyville+il&oq=handi+ramp+liber&gs_l=psy-ab.1.1.0j0i67.103562.107657..109583...1.0..0.209.1556.14j2j1......0....1..gws-wiz.......0i71j35i39j0i131j0i20i263j0i10j0i22i30.SLgH9-Xw0LI#lrd=0x880f96b0f50df725:0xf1f7ec5d3dcb0f2c,1,,," target="_blank">Link</a>)</li>
<li>Owner Thom Disch is also the author of <a href="https://amzn.to/2TiM585" rel="nofollow" target="_blank">Stop The Slip: Reducing Slips, Trips and Falls: The #1 Cause of Emergency Room Visits</a>.</li>
<li>Here is a Stop the Slip <a href="https://stoptheslip.com/" target="_blank">website</a>. </li>
</ul>
<div>
<br /></div>
<div>
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - The original offer was $1 million for 20% of the business. They then decided on $1 million for 15% of the business with the option to purchase another 15% for another $1 million. The total would be $2 million for 30% of the business. </li>
<li>As of the episode airing, Stop the Slip products are not available on True Value, Camping World or Gander Outdoors.</li>
</ul>
<br />
<br />
<br />
<br />
*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page. Also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.</div>
</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-57230067796015680762019-03-12T15:22:00.000-04:002019-03-12T22:59:00.259-04:00The Profit - Smithfly Designs Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh12jj1Mm9zVrkWmbGjM_ccoc5V6RN0PxrGQeBsAg0bzDaVFzrLuyFSu0L-A9HWWp8e_qq_S1AMYN-5wwJ2T8ziftQu7FmTiRtHGnx2lw1Tm1oRjZvnRVu4VcW1oXbK1ZISryf23jFqQxak/s1600/The+Profit+Smithfly+Designs.JPG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="451" data-original-width="920" height="195" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh12jj1Mm9zVrkWmbGjM_ccoc5V6RN0PxrGQeBsAg0bzDaVFzrLuyFSu0L-A9HWWp8e_qq_S1AMYN-5wwJ2T8ziftQu7FmTiRtHGnx2lw1Tm1oRjZvnRVu4VcW1oXbK1ZISryf23jFqQxak/s400/The+Profit+Smithfly+Designs.JPG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Troy, Ohio hoping to make a deal with Smithfly Designs. Smithfly Designs is a fly-fishing and boat apparel company that has designed a unique floating tent called the Shoal Tent. While Marcus is there, he finds that the owner Ethan Smith is focused heavily on fly-fishing and Marcus wants to expand his focus into other areas.<br />
<br />
<br />
Let's take a look at some information related to Smithfly Designs as well as what kind of deal was made on the show.<br />
<br />
<br />
<a name='more'></a><br />
<br />
<b>News and Links Related To The Company:</b><br />
<br />
<ul style="text-align: left;">
<li>Here is the Smithfly Designs <a href="https://www.smithfly.com/" target="_blank">website</a> and <a href="https://www.facebook.com/SmithFly/" target="_blank">Facebook page</a>. </li>
<li>Their website sells things such as rafts, apparel, packs, pouches, hats and other accessories.</li>
<li>The Shoal Tent retails for $1,999 and there is a message on the website that says it is out of stock due to popular demand and will be available in 6-8 weeks. (<a href="https://www.smithfly.com/products/shoal-tent" target="_blank">Link</a>)</li>
<li>In February 2018, the Shoal Tent retailed for $1,499 and there was a wait back then to due to demand being more than supply. (<a href="https://www.cnbc.com/2018/02/22/floating-1499-smithfly-shoal-tent-lets-you-wake-up-on-the-water.html" target="_blank">Link</a>) </li>
<li>In October 2017, <i>NY Post</i> did an article about the Shoal Tent titled, "This floating tent is glamping at its absolute stupidest." The Shoal Tent was available for pre-order for $1274.15 at the time. (<a href="https://nypost.com/2017/10/17/this-floating-tent-is-glamping-at-its-absolute-stupidest/" target="_blank">Link</a>)</li>
<li>Other floating tents from other companies do exist such as this one <a href="https://amzn.to/2VTKKGk" rel="nofollow" target="_blank">on Amazon</a> for $860.</li>
<li>In September 2018, Smithfly did a camp out event on the water where 16 Shoal Tents were anchored in a river around 4 fire pits. (<a href="https://www.facebook.com/SmithFly/videos/1850213341695150/?__xts__%5B0%5D=68.ARCYWz5wqb73V27NaTuBLN0Zwc8jvwyfTsrXhHSeIEpw9_Fi41GJD76Y4QxRyz9f5cnAtOPD3iua_PocMkZU8Erngdf72R4zuXHdrP-ZCiTdFyq0-gaDsYkMmtBZlky8QJ6LJxj1gzdH4c_pL6XPn1_IyC1QxlxX4YZLK-C5qenEhcJCkOrnB05OP0_oojLC6ldBdd6JckbCKIr91suI0En_wl7plQBIzBhr9xvtI7tyT0P2FR4NhDSLjVe4i_ryByusGNgyW2w58AsvOha08II2vVTn21SrA0bKLnR_k87TWjbKOK_6g79elZ-A7s3kUriwpfUA4gdmcMnXadQcrBhTYBSwdxYyjKKpdg&__tn__=-R" target="_blank">Link</a>)</li>
</ul>
<br />
<br />
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - $1 million for 50% of the business.</li>
<li>As of the show airing, there are no Smithfly products on the Camping World, Gander Outdoors, or Realtree websites.</li>
<li>As stated above, the Shoal Tent is currently out of stock.</li>
</ul>
<br />
<br />
<br />
*To see how all of the businesses from <i>The Profit</i> are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page, and also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.<br />
<br /></div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-31924729073305056602019-03-05T12:28:00.001-05:002019-03-05T22:59:07.183-05:00The Profit - Feat Socks Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiooVhHqSsdBJOlZzxPyf09vFffBYv-BbDM8Jyv2hAI_sJjsGpwLqBksJvENJKiYLkI9EiBrjYFXJ2sVhjMJ5TehnV-D9GWra1nmWjim8lL58MJyTlf25q0qHH4myG3B1qLXLhs313wZy9G/s1600/The+Profit+Feat+Socks.JPG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="392" data-original-width="910" height="171" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiooVhHqSsdBJOlZzxPyf09vFffBYv-BbDM8Jyv2hAI_sJjsGpwLqBksJvENJKiYLkI9EiBrjYFXJ2sVhjMJ5TehnV-D9GWra1nmWjim8lL58MJyTlf25q0qHH4myG3B1qLXLhs313wZy9G/s400/The+Profit+Feat+Socks.JPG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in Los Angeles, California hoping to make a deal with Feat Socks. Feat Socks is a clothing company that specializes in unique socks that was started by Taylor Offer and Parker Burr. They have used social media to grow the company and major losses have brought the company to a standstill. While there, Marcus Lemonis is getting cold feet due to the arrogance of Taylor and Parker and hopes this doesn't prevent them from meeting their goals.<br />
<br />
<br />
Let's take a look at some information related to Feat Socks as well as what kind of deal was made on the show.<br />
<br />
<br />
<a name='more'></a><br />
<br />
<b>News and Links Related To The Company:</b><br />
<br />
<ul style="text-align: left;">
<li>Here is the Feat Socks <a href="https://featsocks.com/" target="_blank">website</a> and <a href="https://www.facebook.com/featsocks/" target="_blank">Facebook page</a>. Here is their <a href="https://www.instagram.com/taylorparker/" target="_blank">Instagram</a> that has 161k followers.</li>
<li>They currently sell socks, hoodies and hats.</li>
<li>In 2015, Feat Socks launched a Kickstarter campaign and that campaign ended up raising $27,784. (<a href="https://www.kickstarter.com/projects/2066301759/feat-socks" target="_blank">Link</a>)</li>
<li>Feat Socks applied to be on Shark Tank in June 2016. (<a href="https://www.facebook.com/featsocks/photos/a.433418963468001/702818119861416/?type=1&theater" target="_blank">Link</a>)</li>
<li>In June 2016, Feat Socks tweeted to Marcus Lemonis, "@marcuslemonis just sold some @FeatSocks to @InkkasWorldwear! Pumped to be working with you." Marcus responded, "Those are some cool socks." So it appears there was some type of relationship back in 2016. (<a href="https://twitter.com/marcuslemonis/status/742394178273939456?lang=en" target="_blank">Link</a>)</li>
<li>There is a November 2017 Starter Story <a href="https://www.starterstory.com/feat-socks" target="_blank">blog post</a> written by founder Taylor Offer about Feat Socks which details a lot of information about the business.</li>
<ul>
<li>He said they went from about 15 employees to 5 as they cut down on sales staff. He also said the main focus was to build their brand through social media.</li>
<li>When Olympic Gold Medalist Aly Raisman posted an Instagram picture in Feat Socks, their sales went from $20,000 a month to $200,000 a month and their Instagram following increased by 5 times.</li>
<li>When popular YouTuber Logan Paul featured Feat Socks on a few of his videos, that generated $500,000 in sales.</li>
</ul>
<li>In September 2018 during the filming of <i>The Profit</i>, Marcus Lemonis challenged Feat Socks to sell 30,000 pairs of socks in a day. (<a href="https://www.facebook.com/tayloroffer/posts/10160798991205114" target="_blank">Link</a>)</li>
<li>A September 2018 Forbes article details some of the issues that Feat Socks has dealt with over the years such as the owners spending habits and some employees using the corporate card for personal expenses. (<a href="https://www.forbes.com/sites/petekrasspiersonkrass/2018/09/20/a-painful-lesson-about-people-and-learning-how-to-be-present/#3f9a7837fa71" target="_blank">Link</a>)</li>
<li>Feat Socks are available <a href="https://amzn.to/2SF0JpG" rel="nofollow" target="_blank">for sale on Amazon</a> with a few different designs. </li>
</ul>
<br />
<div>
<div>
<br />
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - Marcus did not invest in Feat Socks, but wanted to test out Parker and Taylor's marketing skills with a concept called Marcus Lemonis Community.</li>
<li>Marcus Lemonis Community was featured on this episode and here is the <a href="https://www.marcuslemoniscommunity.com/" target="_blank">website</a> which features Flex Watches (season 4), Everkin (season 6), Inkkas (season 3), and Ellison Eyewear (season 5) from <i>The Profit</i>. The About Us section states, "Community is a place for business owners who have appeared on the Profit as well as local entrepreneurs to come together for networking, funding, and access to Marcus Lemonis’ infrastructure. Our goal is to share expertise and resources in a collaborative environment to get even better at what we do best: planning and executing multi-channel campaigns."</li>
<li>Things obviously didn't work out and Parker and Taylor are not involved with Marcus Lemonis Community, which is why Feat Socks are not on the website. Something tells me they will not be silent after seeing the episode, so I will post any updates here if there are any.</li>
</ul>
<br />
<br />
<br />
*To see how all of the businesses from <i>The Profit </i>are doing, go to the <a href="https://www.theprofitupdates.com/p/all-profit-updates.html">The Profit Updates</a> page, and also <a href="https://www.facebook.com/pages/The-Profit-Updates/1431097513858317">Like us on Facebook</a> or <a href="https://twitter.com/ProfitUpdates">Follow Us on Twitter</a> to stay up to date with all things involving <i>The Profit</i>.<br />
<br /></div>
</div>
</div>
Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0tag:blogger.com,1999:blog-8590157543551591137.post-77756990499879404972019-02-26T13:48:00.000-05:002019-02-26T23:02:36.362-05:00The Profit - Snowdays Yetitracks & Snacks Update<div dir="ltr" style="text-align: left;" trbidi="on">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzHATUVqOr1SBUgnsEJb0N7PjOfYmJhQIzhoer-h7Lr0OugyrmdOFjTj09Zt3OM-_z4IAdeY3UDKxrQw4segmxoLU_PfZF5Gh5TaJizD1mnXIVCvmkttFcLUJvmmGo0UPlGeMB1kuAuPPX/s1600/The+Profit+Snowdays.JPG" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" data-original-height="461" data-original-width="843" height="217" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzHATUVqOr1SBUgnsEJb0N7PjOfYmJhQIzhoer-h7Lr0OugyrmdOFjTj09Zt3OM-_z4IAdeY3UDKxrQw4segmxoLU_PfZF5Gh5TaJizD1mnXIVCvmkttFcLUJvmmGo0UPlGeMB1kuAuPPX/s400/The+Profit+Snowdays.JPG" width="400" /></a></div>
Tonight on <i>The Profit</i>, Marcus Lemonis is in New York, New York hoping to make a deal with Snowdays. Snowdays is a specialty ice cream shop that has shaved ice cream with Asian-inspired flavors. The owner tried to expand the business before perfecting his concept and now is on the verge of bankruptcy. Marcus will try to get the owner to change his concept and let go of the manufacturing process to help improve the business.<br />
<br />
<br />
Let's take a look at some information related to Snowdays as well as what kind of deal was made on the show.<br />
<br />
<a name='more'></a><br />
<br />
<b>News and Links Related To The Company:</b><br />
<ul style="text-align: left;">
<li>Here is the Snowdays <a href="https://www.snowdaysnyc.com/" target="_blank">website</a> and <a href="https://www.facebook.com/snowdaysnyc" target="_blank">Facebook page</a>. Their <a href="https://www.instagram.com/snowdaysnyc/" target="_blank">Instagram page</a> has over 35k followers.</li>
<li>There has been a lot of press for Snowdays unique desserts, which they have a <a href="https://www.snowdaysnyc.com/press/" target="_blank">link</a> to on their website.</li>
<li>In May 2018, Snowdays announced plans to franchise. At the time of this press release Snowdays had 4 locations. They wanted to franchise 8 locations in a year and hoped to achieve 25-30 franchised locations within three years. (<a href="https://www.qsrmagazine.com/news/snowdays-shaved-cream-co-unveils-national-franchise-opportunities" target="_blank">Link</a>)</li>
<li>In early February 2019, Marcus Lemonis did a Facebook Live video from the Snowdays store. They sell Mr. Green Tea (season 1 of <i>The Profit</i>) ice cream and mochi and Marcus showed the shaved cream and build-your-own mochi. (<a href="https://www.facebook.com/marcus.lemonis/videos/489358081594009/?hc_ref=ARSyx3CRZ-qoe5pTKR-QSVZ1ZRH5XTG99DOddkvPt8PeKfA_fmOwQxF3STZhHfwT-BU&__xts__[0]=68.ARCGtByBHzgeGgcslDYhvlkFlIsi0z18PjtPshhrOwpZn-OqEvJ8KkufWZzEhyJTqbfnxShA7R01knh_gTGvpSdbIH62UVIHhwq3hJQOobtqXAfzSEamIotg5u00GyyY3N7wGq4-nLB1wb6m8ZPSO91vAj2iMnGyhKxCF-114KFwbkv--5-ytNyGgEQc_hCEkLbs8mSVb-tLTNDf_JYLcTRqjRAtpGmdcQZmu9WF5NFKZ9qkfOjE-u9p_JYCmGAyoMeZtZgh969TaLNbtym7Y5ZpbWAw3nWOpQa2AhVh249VMPDLrQyQd9ZGUvHJnjIclQ2NPqrw8-nIx_nM83tFoeIVm0Yh05coLLVpbAH5EEN4zqyEJDCyOT56uUAjrHqb5EBthrznU0G8rn6mSYqLkAWJ_pBWSWa9kbIOVcQvDl4ZBPg6Spo5850Bjg5r13UHhOL34dSBpH5p2m4qMx7LUxaNv54mTI-VOI-XCxxpW95dSoQarqmSU0sxMQmRF_B4N09g7w&__tn__=FC-R" target="_blank">Link</a>) </li>
<li>The grand re-opening of the Snowdays store happened on February 2nd, 2019, so not long before the episode airs. (<a href="https://www.facebook.com/events/796071840726261/" target="_blank">Link</a>)</li>
<ul>
<li>During the grand re-opening, you will see the slight name change to Snowdays Yetitracks & Snacks.</li>
</ul>
<li>Here are the Yelp reviews for Snowdays location in East Village that is still open. (<a href="https://www.yelp.com/biz/snowdays-new-york?sort_by=date_desc" target="_blank">Link</a>)</li>
<ul>
<li>Here are the Yelp reviews for the Snowdays locations which are closed as of the date the premiere episode aired - <a href="https://www.yelp.com/biz/snowdays-bayside?sort_by=date_desc" target="_blank">Bayside</a>, <a href="https://www.yelp.com/biz/snowdays-new-york-3?sort_by=date_desc" target="_blank">West Village</a>, <a href="https://www.yelp.com/biz/snowdays-flushing-2?sort_by=date_desc" target="_blank">Flushing</a>, <a href="https://www.yelp.com/biz/snowdays-forest-hills-3?sort_by=date_desc" target="_blank">Forest Hills</a>, <a href="https://www.yelp.com/biz/snowdays-cafe-brooklyn?sort_by=date_desc" target="_blank">Brooklyn</a>.</li>
</ul>
<li>Here is the new Yelp page for Snowdays Yetitracks & Snacks, which doesn't have reviews yet, but it does have pictures of the food and the store. (<a href="https://www.yelp.com/biz/snowdays-yetitracks-and-snacks-new-york" target="_blank">Link</a>)</li>
</ul>
<div>
<div>
<br /></div>
<div>
<br /></div>
<div>
<b>The Deal From The Episode Plus Post-Show Updates (this will be updated continually):</b><br />
<br />
<ul style="text-align: left;">
<li><u>The Deal</u> - $300,000 for 50% of the business. The money would be used remodel the East Village store, close the other stores, and create a concept that is profitable.</li>
<li>Yelp says the West Village location is supposed to reopen on March 10, 2019, so it appears that store will be the second to implement the new concept.</li>
<li>Precise Graphix from season 3 of The Profit did the Snowdays redesign. (<a href="https://twitter.com/ProfitUpdates/status/1100606467009376256" target="_blank">Link</a>)</li>
</ul>
<br />
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Matthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.com0