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Aug 29, 2021
08/21
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lemonis: how you doing? i'm marcus. josh: josh. nice to meet you. lemonis: nice to meet you. marcus. julius. lemonis: julius, nice to meet you. julius: this is angela. angela: hi, marcus. lemonis: really nice to meet you. how long has the business been here? julius: in april, it will be 20 years. lemonis: in this location? julius: in this location, yeah. lemonis: but the company has existed for how long? michael: 1954. lemonis: and when did you guys buy it? michael: 16 years ago. we do kind of three businesses in one, so we have the retail shop. second one is online, and then the third one is a wholesale business where we sell to restaurants and hotels. we have 5,000 restaurants in manhattan that we can sell to. lemonis: how many do you service? michael: probably, like, 65, so 0.1%. lemonis: oh. a little smaller than i thought it would be. michael: yeah, but it still... lemonis: did you lose customers over the years? michael: that's the area that's, you know, spikes and valleys, depending on where we are in the time frames. lemonis: how many types of cheese are there? angela:
lemonis: how you doing? i'm marcus. josh: josh. nice to meet you. lemonis: nice to meet you. marcus. julius. lemonis: julius, nice to meet you. julius: this is angela. angela: hi, marcus. lemonis: really nice to meet you. how long has the business been here? julius: in april, it will be 20 years. lemonis: in this location? julius: in this location, yeah. lemonis: but the company has existed for how long? michael: 1954. lemonis: and when did you guys buy it? michael: 16 years ago. we do kind of...
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84
Aug 8, 2021
08/21
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lemonis: i'm marcus. brad: brad. nice to meet you. trevor: trevor. nis: trevor, nice to meet you. travis: i'm travis. lemonis: how are you? what are you guys doing? brad: just going over inventory. lemonis: is this the whole office? travis: you're looking at it. and then the warehouse is downtown. lemonis: okay. are those the watches? travis: yeah. so, we, basically, started with an interchangeable watch. so the face pops out of the band -- pull back, pop up. lemonis: it's a cool watch. what does a watch like that sell for? travis: $35. lemonis: these are nice looking watches at a great price point. travis: we wanted to do an accessory that was bright, that could match with all all different things -- hats, shoes. lemonis: this is a comfortable watch. travis: it's lightweight. it's durable. initially we had 10 colors. each color represented a different charity, that we partnered with to give back 10%. lemonis: that's pretty slick. travis: yeah, right? trevor: we wanted to do something different, and no one was doing charity in the the watch space. so,
lemonis: i'm marcus. brad: brad. nice to meet you. trevor: trevor. nis: trevor, nice to meet you. travis: i'm travis. lemonis: how are you? what are you guys doing? brad: just going over inventory. lemonis: is this the whole office? travis: you're looking at it. and then the warehouse is downtown. lemonis: okay. are those the watches? travis: yeah. so, we, basically, started with an interchangeable watch. so the face pops out of the band -- pull back, pop up. lemonis: it's a cool watch. what...
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187
Aug 25, 2021
08/21
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lemonis: i'm marcus. ryan: i'm ryan. lemonis: ryan, nice to meet you. o meet you, marcus. wendy: hi, marcus. i'm wendy. lemonis: wendy, nice to meet you. you have a big smile. wendy: you know, it's an exciting moment. ryan: that's my son. lemonis: hi there. nice to meet you. alphus: i'm alphus. lemonis: alphus? alphus: yes, sir. lemonis: that's an awesome name. where are you from? alphus: kenya. but i'm american now, so a little bit of both. lemonis: is this the showroom? wendy: yes, this is our showroom. or a little hole in the wall nook. lemonis: so is this an example of a piece? ryan: yeah, yeah, this is. we do custom furniture -- residential, commercial, and we specialize in murphy beds and barn doors. lemonis: what is this piece? ryan: a murphy bed that folds open. let's leave that one. don't pull it, don't pull it! lemonis: hold on, guys. [ laughter ] relax a little bit. what is this? ryan: it's another wall bed. lemonis: does this come down? ryan: oh, no. we just don't have a mechanism in some of these. the ones that we do have a mechanism is the
lemonis: i'm marcus. ryan: i'm ryan. lemonis: ryan, nice to meet you. o meet you, marcus. wendy: hi, marcus. i'm wendy. lemonis: wendy, nice to meet you. you have a big smile. wendy: you know, it's an exciting moment. ryan: that's my son. lemonis: hi there. nice to meet you. alphus: i'm alphus. lemonis: alphus? alphus: yes, sir. lemonis: that's an awesome name. where are you from? alphus: kenya. but i'm american now, so a little bit of both. lemonis: is this the showroom? wendy: yes, this is...
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157
Aug 25, 2021
08/21
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-lemonis: hey. i'm marcus. corey: i know who you are. i'm corey. it's nice to meet you. : nice to meet you. corey: yeah, yeah, yeah. this is my wife. lemonis: how are you? nice to meet you. you're the boss? corey: that's laurie, she's a hugger. lemonis: who's the boss? laurie: he is the boss. he's the main -- he's the main... -corey: i don't know. -laurie: yes. -lemonis: hi. how are you? -carlos: hey. how are you? lemonis: good. what are the types of bagels that you have? carlos: 13 kind of bagels, you can show them behind me. lemonis: i'm gonna have everything bagel. what do you sell one bagel for? -corey: $1.29. lemonis: what does it cost to make one bagel? corey: about 10 cents. -lemonis: in materials? -corey: in materials. lemonis: and another 10 in labor? corey: exactly. lemonis: so that's part of the beauty of being in this business. -corey: of course. lemonis: it's high margin. take your half. corey: okay, thanks. laurie: [ laughs ] man: what can i get for you today? laurie: now, i have a bagel every single day. corey: it's a good bagel. if it doesn't hurt here fro
-lemonis: hey. i'm marcus. corey: i know who you are. i'm corey. it's nice to meet you. : nice to meet you. corey: yeah, yeah, yeah. this is my wife. lemonis: how are you? nice to meet you. you're the boss? corey: that's laurie, she's a hugger. lemonis: who's the boss? laurie: he is the boss. he's the main -- he's the main... -corey: i don't know. -laurie: yes. -lemonis: hi. how are you? -carlos: hey. how are you? lemonis: good. what are the types of bagels that you have? carlos: 13 kind of...
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Aug 11, 2021
08/21
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i'm marcus lemonis, and i risk my own money to help businesses. i love investing in american businesses. woman #2: i work here because i care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make money. do we have a deal? let's rock and roll. man: yeah! lemonis: this is "the profit." ♪♪ i've always been interested in investing in the multi-billion-dollar leather industry because it allows for great margins and great sell-through. about a year ago, i received an application from a company called lumillamingus, which was started about 6 years ago and continues to struggle. how are you? lulu: hi! i'm great. how are you? lemonis: i'm marcus. lulu: oh, it's so nice to meet you. lemonis: are you lulu? lulu: thanks for coming. i am lulu. lemonis: nice to meet you. where are you from? lulu: guess. lemonis: wherever heidi klum is from. lulu: no, denmark. she's from germany. lemonis: okay. lulu: yeah. lemonis: it's not that far. lulu: close enough, close enough. so this is actually the production facility, and they have a couple of
i'm marcus lemonis, and i risk my own money to help businesses. i love investing in american businesses. woman #2: i work here because i care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make money. do we have a deal? let's rock and roll. man: yeah! lemonis: this is "the profit." ♪♪ i've always been interested in investing in the multi-billion-dollar leather industry because it allows for great margins and great sell-through. about a year ago, i...
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327
Aug 18, 2021
08/21
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eye 327
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marcus. thomas: understood. lemonis: i'm marcus lemonis, and i risk my own money to help businesses. businesses. woman: people are here because they care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make money. do we have a deal? let's rock and roll. man: yeah! lemonis: this is "the profit." ♪♪ thomas: i'm thomas schiffer, owner, business partner, head pizza nut. my hope is that marcus will be able to figure out how to scale this, and it's in every city in america. lemonis: for thomas, personal issues have interfered with his business goals. thomas: your whole life gets hijacked by this business and your commitment to it. my ex is out of state. i didn't see my kids for two years, so i had to leave l.a. lemonis: moving to oregon four months ago to be with his children required him to rely more heavily on his business partner. lilia: my name is lilia mead, and i am part owner of grey block pizza. my intention was to be a silent partner, as in like zip. zero restaurant experience. zero pizza experience. he is up in oregon, being a dad. yeah, i run this plac
marcus. thomas: understood. lemonis: i'm marcus lemonis, and i risk my own money to help businesses. businesses. woman: people are here because they care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make money. do we have a deal? let's rock and roll. man: yeah! lemonis: this is "the profit." ♪♪ thomas: i'm thomas schiffer, owner, business partner, head pizza nut. my hope is that marcus will be able to figure out how to scale this, and it's in every...
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61
Aug 15, 2021
08/21
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i'm marcus lemonis, and i risk my own money to help businesses. ting in american businesses. woman: these people are here because they care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make money. do we have a deal? let's rock and roll. man: yeah! lemonis: this is "the profit." ♪♪ mindy: i am mindy waite, and i am the c.e.o. and one of the founders of harvest lane honey. we manufacture all the hives and woodenware for backyard beekeeping and we sell everything that they need from the bees to the equipment to the protective clothing. lemonis: like most businesses, harvest lane honey's business was born out of necessity. mindy: my husband and my mom were like, "hey, let's be beekeepers." rhonda: mike and i are the other half of the business. jason and i just wanted to pollinate the world. mindy: we have 34 employees working for us, but it literally started in our garage in 2008. from there, it's just grown rapidly. and we're in all 50 states and we're in six different countries throughout the world. lemonis: but as the b
i'm marcus lemonis, and i risk my own money to help businesses. ting in american businesses. woman: these people are here because they care. lemonis: it's not always easy, but i do it to create jobs, and i do it to make money. do we have a deal? let's rock and roll. man: yeah! lemonis: this is "the profit." ♪♪ mindy: i am mindy waite, and i am the c.e.o. and one of the founders of harvest lane honey. we manufacture all the hives and woodenware for backyard beekeeping and we sell...
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65
Aug 8, 2021
08/21
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eye 65
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[laughter] >> by the time he's done. >> yeah. >> have you guys met marcus lemonis?er] >> private label products like this will dramatically improve your margins, but in order to make room for these kind of products, we need to clear out the stuff that's been sitting there for years. so when we get back to the store, i'm gonna have dan lower the prices and liquidate some of the slow moving merchandise. thanks, guys, appreciate it. >> thanks again, marcus, appreciate it. >> thank you. >> thanks, marcus. >> thanks, guys. all right, let's head home. >> this end's coming all the way out, correct? we're gonna move this all the way down? >> well, you want to move it out enough to accommodate for that. don't go any further than that. so i would be very technical in my measurement to not go past that. >> understand. >> yep. >> put a pedestal here-- >> hey. >> hi. >> how are you? >> i'm good, how are you? >> good. >> i'm a little shocked. we're out of business. >> we were out of business before, we just didn't know it. >> i believe we're still partners, correct? >> mm-hmm. >>
[laughter] >> by the time he's done. >> yeah. >> have you guys met marcus lemonis?er] >> private label products like this will dramatically improve your margins, but in order to make room for these kind of products, we need to clear out the stuff that's been sitting there for years. so when we get back to the store, i'm gonna have dan lower the prices and liquidate some of the slow moving merchandise. thanks, guys, appreciate it. >> thanks again, marcus, appreciate...
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Aug 8, 2021
08/21
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my name is marcus lemonis, and i fix failing businesses.
my name is marcus lemonis, and i fix failing businesses.
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48
Aug 15, 2021
08/21
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my name is marcus lemonis, and i fix failing businesses.siness will never function well under the "green tea" name. i make tough decisions... >> it was a mistake. >> this is never gonna happen again. and back them up with my own cash. that's a real check, by the way. it's not always pretty... >> do you want to come over here? >> no. >> but this is business. i do it to save jobs, and i do it to make money. this is the profit. [upbeat music] ♪ ♪ this week, i'm going to keyport, new jersey, a town that was devastated by hurricane sandy in 2012. i'm going to meet the owners of mr. green tea, a gourmet ice cream company. for nearly 50 years, mr. green tea has been hand-crafting exotic ice cream flavors and supplying the asian restaurant trade in new york city. >> so delicious. >> way ahead of their time, mr. green tea was producing flavors like green tea, ginger, and red bean. this family business was founded by richard's dad, santo emanuele, in 1968, who ran it with richard's older brother, james. richard's dad passed away, and then his brother
my name is marcus lemonis, and i fix failing businesses.siness will never function well under the "green tea" name. i make tough decisions... >> it was a mistake. >> this is never gonna happen again. and back them up with my own cash. that's a real check, by the way. it's not always pretty... >> do you want to come over here? >> no. >> but this is business. i do it to save jobs, and i do it to make money. this is the profit. [upbeat music] ♪ ♪ this...
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119
Aug 11, 2021
08/21
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. >> i'm marcus lemonis and i risk my own money to help businesses.ove investing in american businesses. >> i just don't want anything to really change. >> it's not always easy but i do it to create jobs, and i do it to make money. >> you have a deal >> let's rock and roll. >> this is "the profit." >> i am mindy waite, i am the ceo and one of the founders of harvest line honey we manufacture all the hives and wooden ware for backyard bee keeping and we sell everything they need from the bees to the equipment to the protective clothing. >> like most businesses harvest lane honey's business was born out of necessity. >> my husband and my mom were like hey, looets be beekeepers. >> mike and i are the other half of the business. we wanted to pollinate the world. >> we have 34 middle east blue it started in our garage in 2008 it's brown rapidly we're in all 50 states and we're in six different countries throughout the world. >> but as the business grew. so did their debt. and now everyone is looking to mindy for guidance. >> dan and i have been working on
. >> i'm marcus lemonis and i risk my own money to help businesses.ove investing in american businesses. >> i just don't want anything to really change. >> it's not always easy but i do it to create jobs, and i do it to make money. >> you have a deal >> let's rock and roll. >> this is "the profit." >> i am mindy waite, i am the ceo and one of the founders of harvest line honey we manufacture all the hives and wooden ware for backyard bee...
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14
Aug 9, 2021
08/21
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eye 14
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tomorrow a new season of "the profit" with marcus lemonis, same time. don't miss it.k in a moment eti. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. (♪ ♪) whose resumes on indeed matchwhether it's aeria. technology first, (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture >>> one more thing an anniversary for gig economy stocks a year ago tod
tomorrow a new season of "the profit" with marcus lemonis, same time. don't miss it.k in a moment eti. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. it's got to be something workday. i think i got something. work... hey, rob, you're on mute. hello! hey, rob, there he is. workday. the finance, hr and planning system for a changing world. new projects means...