CNBC'S "THE PROFIT" IS BACK TO RESCUE SMALL BUSINESSES ON TUESDAY, JUNE 12 AT 10PM ET/PT
Marcus Lemonis has invested $75 MILLION of His Own Money to Date in the Companies Featured on the Series
ENGLEWOOD CLIFFS, N.J. - May 8, 2018 - Serial entrepreneur and investor Marcus Lemonis is back putting his own money on the line to help save and grow struggling businesses across the country. Beginning Tuesday, June 12 at 10PM ET/PT, "The Profit" Season 5 returns with ten all-new episodes and ten small businesses in need of a life-changing investment. Marcus evaluates businesses with his 3 P's principle - People, Process, Product - that can be the difference between success and failure. Whether its poor leadership or mismanaging finances, it doesn't take long for Marcus to figure out what a business is doing wrong and establish a plan for success.
The new businesses featured (*alphabetical order; air dates to be announced):
· Baby Bump Maternity - New Orleans, LA
· The Casery - Santa Monica, CA
· Diaper Dude - Los Angeles, CA
· Ellison Eyewear - Chicago, IL
· Hangout Lighting - Chicago, IL
· Montiel - Los Angeles, CA
· NYC Bagel Deli - Chicago, IL
· Queork - New Orleans, LA
· Simply Slices - Chicago, IL
· Tankfarm & Co. - Seal Beach and Huntington Beach, CA
Since "The Profit" first premiered, Marcus Lemonis, Chairman and CEO of Camping World and Good Sam Enterprises, has invested $75 million of his own money in the companies featured on the series.
In each episode, Lemonis makes an offer that's impossible to refuse; his cash for a piece of the business and a percentage of the profits. And once inside these companies, he'll do almost anything to save the business and make himself a profit; even if it means firing the president, promoting the secretary or doing the work himself.
"The Profit" is produced for CNBC by Machete Productions with Amber Mazzola serving as executive producer. Jim Ackerman and Luke Bauer are the executive producers for CNBC.
To learn more about "The Profit," visit: theprofit.cnbc.com. Like us on Facebook: https://www.facebook.com/TheProfitCNBC/ and follow us on Twitter: @TheProfitCNBC #TheProfit, and Instagram: @TheProfitCNBC.
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About Machete Productions:
Founded in 2011, Machete Productions is the brainchild of Emmy-nominated Executive Producer Amber Mazzola. Since its formation, Amber and Machete have produced the first unscripted series under the CNBC prime banner, "Treasure Detectives," and then went on to produce The Profit, the #1 original series on CNBC now in its fourth season. Machete also produces the hit series, WAGS: LA for sister network E! currently in its third season as well as spin-offs WAGS: Miami now in its second season and WAGS: Atlanta in its first season.