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Transcripts For CNBC The Profit 20240712

This is the profit, my biggest wins and most heartbreaking losses. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings going to change. Everything. But i do it to save jobs, and i do it to make money. This. Let go to work. Is the profit. Its hard to believe that ive been doing the profit for several years now. And ive done a lot of deals with a ton of businesses. We have a deal . We got a deal. Partner . I think most people are under the impression that if the deal ends well, then its, like, millions for everybody and its going to be great. Wow. Congratulations, guys. Thanks again. Get your ass to work. It just wasnt true. Im not sure who to be pissed at myself for doing the deal, or you guys for letting this stuff just sit here. In order to understand how i look at wins and losses

Transcripts For CNBC The Profit 20240713

[bleep] is gonna change. I do it save jobs. Check you out. And i do it to make money. This the profit. [upbeat music] [truck beeping] watch your back. A. Stein Meat Products is a prime beef wholesale business in brooklyn, new york. For 75 years, theyve been selling Quality Meats to new yorks finest restaurants and butcher shops. Thats beautiful. And shipping their product all over the country. We carry a lot of choice and prime meat. We only carry a highend product. Howard mora. I also need about 20 prime loins. And alan buxbaum. What are you waiting for . Are sons of the original two founders. Together, they now run stein meats. And over the last 18 years, theyve grown their revenue from 4 million to 50 million annually. When our fathers first started, it was much smaller. It really expanded the business. Meat is a competitive business. And sellers like stein work on a very low profit margin. Meats priced like the stock exchange. You sell stuff for pennies a pound over your cost. And

Transcripts For CNBC The Profit 20240713

You dont how to treat people. Andrew oh, yeah, i do. Lemonis no. But today, im a proud partner in over a dozen companies. Stephanie whoo lemonis tonight, im gonna tell you how they do it my best deals, my worst deals. Steve id rather be in more debt than have you running my company. Lemonis this is the profit a progress report. My name is Marcus Lemonis. Change is difficult. And over the last 18 months, ive introduced you to 23 Small Businesses across this country, many of them in pretty bad shape. This is a bad scenario. Woman we dont have the money to pay them. Larissa just everything all the bills and everything thats just been piling up. Its just so much. Lemonis thats fine. And i fix failing businesses. Its been an interesting journey. Well, this looks a lot better in here. A tough one. I took you at your word gary bull[bleep] lemonis cause when each episode ends, my work is just beginning. There you go. To date, ive invested almost 20 million of my own money to help these Small B

Transcripts For CNBC The Profit 20240713

[bleep] is gonna change. I do it save jobs. Check you out. And i do it to make money. This the profit. [upbeat music] [truck beeping] watch your back. A. Stein Meat Products is a prime beef wholesale business in brooklyn, new york. For 75 years, theyve been selling Quality Meats to new yorks finest restaurants and butcher shops. Thats beautiful. And shipping their product all over the country. We carry a lot of choice and prime meat. We only carry a highend product. Howard mora. I also need about 20 prime loins. And alan buxbaum. What are you waiting for . Are sons of the original two founders. Together, they now run stein meats. And over the last 18 years, theyve grown their revenue from 4 million to 50 million annually. When our fathers first started, it was much smaller. It really expanded the business. Meat is a competitive business. And sellers like stein work on a very low profit margin. Meats priced like the stock exchange. You sell stuff for pennies a pound over your cost. And

Transcripts For CNBC The Profit 20171122

My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings going to change. Everything. But i do it to save jobs, and i do it to make money. This. Let go to work. Is the profit. Its hard to believe that ive been doing the profit for several years now. And ive done a lot of deals with a ton of businesses. We have a deal . We got a deal. Partner . I think most people are under the impression that if the deal ends well, then its, like, millions for everybody and its going to be great. Wow. Congratulations, guys. Thanks again. Get your ass to work. It just wasnt true. Im not sure who to be pissed at myself for doing the deal, or you guys for letting this stuff just sit here. In order to understand how i look at wins and losses, i have to probably define for you how i look at them. A win isnt

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