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Marcus Anthony Lemonis (born November 16, 1973) is a Lebanese-American businessman, TV personality, and philanthropist. He serves as the chairman and CEO of Camping World , Good Sam Enterprises , and Beyond. [ 1 ]
From finding financial backing to making a profit to enjoying yourself along the way, the life of an entrepreneur can be a stressful path to navigate.
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Marcus arrives at the company office to find it in disarray. As a cash-only business, the company has no system in place to track the money in the tills, no security at their stores, and piles of money are literally strewn over the floor. Marcus tentatively offers $200,000 for 50% of the business and full financial control.
The Profit is an American documentary-style reality television show broadcast on CNBC.In each episode, Marcus Lemonis typically offers a capital investment and his expertise to struggling small businesses in exchange for an ownership stake in the company, but a series of "Inside Look" episodes have commentary by Lemonis and executive producer Amber Mazzola as they watch past episodes.
The St. Louis Park bakery, which had closed Dec. 27 under $480,000 in debt, reopened Jan. 10 after a plea for public donations caught the attention of CEO and TV personality Marcus Lemonis.
Marcus Lemonis made some changes and helped expand the company. “Since Lemonis brought manufacturing in-house, margins have increased, sales volume is up 50 percent, and the valuation has jumped from $12.5 million to $177.5 million. Lemonis is integrating it with his other sweet investments.” [10]
Marcus Lemonis is known for his work on CNBC's "The Profit," a documentary-style series where he finds struggling businesses and revitalizes them with his expertise and a stake in the profit. He is...