Photo: Scott Legato/CNBC
Tuesday, June 12 at 10 PM ET/PT on CNBC
CNBC’s original primetime reality series, “The Profit,” follows self-made millionaire and serial entrepreneur Marcus Lemonis as he saves struggling businesses while investing his own cash in the process. The second half of season five will consist of 10 new one-hour episodes.
In the June 12 episode, the focus is on Tankfarm & Company, a men's apparel business which about to unravel. After finding early success, brothers Mike and John open up two locations, but profitability never follows. Now, the brothers clash every day, mistakes are piling up, and morale is fading away.
Since “The Profit” first premiered, the Chairman and CEO of Camping World and Good Sam Enterprises, has invested more than $75 million of his own money in the companies featured on the series. When Marcus Lemonis isn’t running his multi-billion dollar company, Camping World, he goes on the hunt for struggling businesses that are desperate for cash and ripe for a deal.
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.