Patrick, youre a lucky guy. I know im lucky. But i would do anything for them, too. My initial deal was to infuse 200,000 into the business to clear some of the payables and to reinvest that money into a broader inventory. I like this as a lightweight hoodie. So its like a tshirt. Yeah. Lemonis but, throughout the episode, im really struggling with patricks willingness to change willingness to listen. How much would this retail for . What would you pay for it . 75 . I cant believe you said 75 for that were not at forever 21 anymore. And theres one particular moment that i never revealed. I have an artist friend named rolland berry. And one day rolland called me, and rolland said, theres a history between patrick and i. I actually am the one who started the business. Im telling you this as your friend. Walk away now. I was shocked to hear this. So i brought patrick to rollands warehouse. Through my experience with him, ive felt like i didnt always get the whole story. And then, also, i
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 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. Milwaukee has some of the best food and drink in the country. Something i know well because i went to college there. Thats me when i had hair. And one of the newer local favorites is the soup market. Stephanie hi, honey. How are you . Lemonis a quickservice chain started in 2004 by chef dave jurena and his business partner. Dave anything else for you, sir . Lemonis dave did the cooking while his partner ran the business. Woman thats good. Lemonis and before long, the soup market had expanded to five locations, with plans for many more. Then daves partner and coowner died suddenly, leaving him struggling to run the compa
You cant tell somebody else how to run their house when you cant run your own house right. Otherwise, this wouldbe empire will be a big, fat bust. Kathleen tell him, this is my livelihood. Lemonis my name is marcus lemonis, and i fix failing businesses. If you dont like money, dont follow my process. I make the tough decisions. Were closing the store. Were done. Im not talking about it anymore. I back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. You got to trust the process. I do it to save jobs, and i do it to make money. Thanks for your business. This is the profit. Just about 15 miles south of pittsburgh in a small town called mcmurray, pennsylvania, theres a fast casual restaurant known as my big fat greek gyro. Michael what can i get for you . Woman gyro and fries. Lemonis husband and wife mike ference and kathleen kamoyerou. Kathleen they prefer our sauce. Lemonis . Started the business 10 years ago. Kathleens parents
And i only want i only want 5 of your equity. Lori, 300,000, 10 royalty until youre paid back, and then you own 10 equity. Were gonna do 2 million this year. Weve already done 1. 5 million. 300,000 loan. 10 royalty until im paid back 400,000. Then the royalty ends, and then i have 10 equity stake in the company. Deal. Oh, my god okay. Whoohoo whoohoo that was a switcheroo, boy. That went around quite a bit, right . Oh, my god. Congratulations, peter. Thank you. Yep. Wow. Thorpe this deal means everything to my family. And giving up that much equity in the beginning i still stand behind. With loris network and marketing abilities to get this out to the masses and build awareness is why i wanted to work with her. Lwoman ttheir soups are amazing. Lemonis . At one small soup chain in milwaukee, wisconsin, the owner is writing a recipe for disaster. No [bleep] you should be very careful about what youre saying. His behavior is alienating employees. Kevin he needs to trust me. Lemonis his me
I mean, dave, this is bad. When she calls me and tells me you fired her, its like, come on, man. Honestly, the Biggest Issue i have right now is that you have to respect people, and if these claims about you sexually harassing her, like, i dont want to be partners with somebody that does that. Dave you know what . Its fine. I think i came to that conclusion on my own, as well. Lemonis you came to what conclusion . Dave that this is not a good partnership. Lemonis if you came to that conclusion on your own, why didnt you call me . Because you dont have respect for me either. Nice meeting you, dave. Good luck to you. Ive spent about 100,000 on this business, but i hato walk away. I dont want to be in business with somebody that wont compromise, and while i dont know exactly what happened between him and grace, a federal agency will determine that. Ive seen enough to know one thing this guy does not know how to treat people. At the end of the day, i saw his true colors, so im out of here.