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Transcripts For CNBC The Profit 20240712

Lemonis . Try some new approaches. Travis, allison, pete, and myself, well be partners in this business. And make some painful decisions. You want me to work a deal out with the landlord so it lets parlour off the hook . Paul yeah. Lemonis great. No. Because if i dont, both farrells and my money will be gone. Forever. 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. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This is the profit. Last year, i visited farrells ice cream parlour. Hi. A oncethriving National Chain that closed its doors in the 90s. This place is awesome. And was reopened in 2010 by mike fleming and paul kramer. This is really what you guys are known for, giant ice cream sundaes. Paul it is. Lemonis the new owners wasted no time

Transcripts For CNBC The Profit 20240712

Youre taking. Margin right out of your pocket. Do you not see that . We overhauled their Business Model and their building. But they recently received news. Marcus lemonis with carcash regarding an eviction. That could shut the business down for good. Andrew its not right. Really, its not right. Lemonis in jacksonville, a talented candy maker tied up in a bad deal. Dane i dont want to sell. Lemonis in 18 months, that tiny company has been transformed into a multimilliondollar business. You did 538,000 compared to like 35,000 the year before. Peter thats a big difference. Lemonis but the biggest move. What do you think we would do with this building . Is yet to come. And a familyrun Clothing Company, once crippled by bad designs and bad tempers, got a new look. Man oh, my god. Lemonis . And new clothing lines. Noemie i love it. Lemonis but some very familiar problems still exist. Nicolas you dont change that. We will tell you whether it is feasible to do. Lemonis its another progress re

Transcripts For CNBC The Profit 20240713

Travis, allison, pete, and myself, well be partners in this business. And make some painful decisions. You want me to work a deal out with the landlord so it lets parlour off the hook . Paul yeah. Lemonis great. No. Because if i dont, both farrells and my money will be gone. Forever. 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. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This is the profit. Last year, i visited farrells ice cream parlour. Hi. A oncethriving National Chain that closed its doors in the 90s. This place is awesome. And was reopened in 2010 by mike fleming and paul kramer. This is really what you guys are known for, giant ice cream sundaes. Paul it is. Lemonis the new owners wasted no time in opening up new locations. When

Transcripts For CNBC The Profit 20240713

I mean, that would be the last thing id want to do. And i back them up with my own cash. Its not always pretty. Do you want me to get in your face . cause thats your face. But this is business. Ive lost faith. We need to change dramatically. I do it to save jobs. Awesome. And i do it to make money. This the profit. Sweet petes is a candy store located in jacksonville, florida, specializing in chocolates and candy handmade by master chocolatier peter behringer. So you guys like candy . Mmhmm. Petes love of sweets began at the age of 12, when he started making candy for his moms shop peterbrooke chocolatier. I wouldnt do anything else. Family business was thriving, and life was good for pete and his wife, allison. But after a dispute, pete left the business and was forced to start over from scratch. The last 10,000 we had, we put into this business. Starting over required the help of a financing partner. My whole idea was, find talented people and help support them to get a business goin

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

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