lemonis: that partner, dane baird... dane: this is still delicious. lemonis: ...had made a small investment but wasn't willing to invest any more time or money. peter: how do we buy you out? what do you want? dane: so, i don't want to sell. peter: you're just trying to hold us hostage. that's all it is. lemonis: but it all seemed fixable, so i made a deal. we're sharing 50/50 in the profits. i'm 100% in charge. so, we have a deal? my first move was to untangle the toxic partnership, so i bought dane out... you're essentially not gonna be in charge anymore. ...then set a whole new plan in motion. peter: [ laughs ] lemonis: since the shop was hard to find... look away. ...we'd make sweet pete's impossible to miss. turn around. peter: oh, my god! lemonis: the more time i spent with pete and allison, the more i believed in their mission. so i doubled down and purchased this historic mansion in downtown jacksonville. the renovation was massive. it took over eight months and cost just over $3.4 million. this place looks ridiculous. the new sweet pete's is 2

but before we could do a deal, i needed to untangle pete and his wife, allison, from dane baird. peter: how do we buy you out? what do you want? dane: so, i don't want to sell. lemonis: dane had put up only $2,000 for his 50% share and had invested no sweat equity. and while pete and allison were collecting a check that they could barely live on... allison: we made $10,000 combined. lemonis: you can't live off $10,000 a year. ...dane, who owned the building sweet pete's operated out of, was collecting a healthy rent check. and how much rent did you get? dane: i think it's $1,400 a month, so... lemonis: their relationship was toxic. peter: i'm calling you out on your integrity. it's crap. i don't care how [bleep] hard it gets, i will be here. where are you? lemonis: so, i bought dane out for $50,000 -- 25 times his original investment. peter: i never thought i was gonna get dane out of my hair. lemonis: a lot of money, but it allowed all of us to move forward and make a deal. for my $750,000, i will own 50% of the business, you will own 50% of the business. and with that money, we

>> we have a business partner, dane baird. he owns half of the company with us. >> i didn't know that. i thought it was just you guys. >> we don't see him very often. >> is there a lease here on this facility? >> we have--it's up may of next year. >> uh-huh, and how much is it a month? >> $1,400. >> can you break down kind of how your finances work, a summary of your finances? >> we're doing close to $420,000 a year. >> and does the business make any money today? >> no. this year we lost about $17,000. but, you know, last year we only lost, like, $3,000, but we paid ourselves more this year so that we could live. the first year, we made $10,000 combined. >> you can't live off $10,000 a year combined. >> we've been fighting with dane over this. he doesn't want us to get paid at all. i tried to get $12 an hour, and he's tried to block that. and it's just been a constant fight with this guy. >> why haven't you guys bought him out? >> i've tried, and he won't sell. i mean, we have tried this for six months now. >> does he contribu