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Transcripts For CNBC The Profit 20240713

Lemonis okay, so were going to have a little bit of fun tonight. In the last seven years of doing the profit, ive visited nearly 100 businesses. Lets go make some money [ horn honking ] and ive traveled the country trying to fix the people. And you do 1 million a year . You should be proud of that. Man but we dont know how to keep any of it. Lemonis . Fix the process. See . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Juli it reduces anxiety and depression. Lemonis i kind of like it. I spent countless days working on these companies. How much money did you burn through . Parker 650,000. Lemonis but we cant always fit everything im thinking into the show. So tonight, were going to give you an inside look at an episode from season 5 called tankfarm. Mike you want to be my boss sometimes where im like, dude, were partners. John no, want to talk real . Lets talk real. John at that time, you know, mike was pretty lackadaisical in that area. You ki

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Transcripts For CNBC The Profit 20240713

John oh, okay, well lemonis okay, so were going to have a little bit of fun tonight. In the last seven years of doing the profit, ive visited nearly 100 businesses. Lets go make some money [ horn honking ] and ive traveled the country trying to fix the people. And you do 1 million a year . You should be proud of that. Man but we dont know how to keep any of it. Lemonis . Fix the process. See . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Juli it reduces anxiety and depression. Lemonis i kind of like it. I spent countless days working on these companies. How much money did you burn through . Parker 650,000. Lemonis but we cant always fit everything im thinking into the show. So tonight, were going to give you an inside look at an episode from season 5 called tankfarm. Mike you want to be my boss sometimes where im like, dude, were partners. John no, want to talk real . Lets talk real. John at that time, you know, mike was pretty lackadaisical

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Transcripts For CNBC The Profit 20240713

John oh, okay, well lemonis okay, so were going to have a little bit of fun tonight. In the last seven years of doing the profit, ive visited nearly 100 businesses. Lets go make some money [ horn honking ] and ive traveled the country trying to fix the people. And you do 1 million a year . You should be proud of that. Man but we dont know how to keep any of it. Lemonis . Fix the process. See . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Juli it reduces anxiety and depression. Lemonis i kind of like it. I spent countless days working on these companies. How much money did you burn through . Parker 650,000. Lemonis but we cant always fit everything im thinking into the show. So tonight, were going to give you an inside look at an episode from season 5 called tankfarm. Mike you want to be my boss sometimes where im like, dude, were partners. John no, want to talk real . Lets talk real. John at that time, you know, mike was pretty lackadaisical

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Transcripts For CNBC The Profit 20240713

Damion its so hard for me because how hard ive worked to get here. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Based in hilmar, california, kensington garden rooms manufactures handcrafted, custom gazebos fully fitted for outdoor entertaining. Owners damion merry and Simon Johnston learned their craft in england then brought it to california in 2012. While the quality of its product is topnotch, its high cost makes it a luxury item most people cant afford, leaving kensington struggling to achieve real growth. Simon we can keep doing this for another two or three years, and, you know, 4,000 or 5,000 bucks each a month, you know, keep all the customers happy,

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Transcripts For CNBC The Profit 20240713

Managing the people. And back them up with my own cash. Its not always pretty. First time you ever emptied out poop . But this is business. I do it to save jobs, and i do it to make money. This is the profit. La dogworks is an upscale dog boarding facility located in the heart of hollywood, california. Youre stinky dogs. Founded by Andrew Rosenthal in 2004, this 24hour full Service Center with 36 employees has everything from grooming to training. Sit. In a stateoftheart indoor dog park. This business generates 1. 3 million a year, but recently, their numbers have started to tumble. Sloppy business practices. I dont want to waste your time, and please dont waste mine. Together with lax management. Theres inventory missing . Well, you know, its hard to tell, because stuff slips through the cracks. Has driven down sales and piled up 150,000 of debt. You know, i could lose everything. If they dont make changes, this business will be forced to close its doors. Nearly 50 million households

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