EXTENDED SNEAK PEAK: My Big Fat Greek Gyro

In this episode of 'The Profit', Marcus Lemonis tries to help the owners of a Greek sandwich shop chain with failing franchisees about to revolt in Pennsylvania.

The Profit All-New Tuesdays 10p ET/PT

[jimprice]

I enjoy learning about the business sector. It has helped me better understand how to run a business. I am the director of a non-profit, and I need to see our organization as a business. Thanks for helping me.

[ethandenton]

Man he's so smart. Marcus is like a therapist and a business master. I feel like this is also why singular therapy doesn't really work: because the issues always stem from the family dynamic and usually past trauma. So even if the person can handle it better, the problems are mostly still there.

[jamesspencer]

“... young strong bulls ready to take the horns.” 🤣💀

[lovedichoreo]

Its really hard to make a profit from a franchise if:

All your moneymakers are frozen
Franchises don't receive help, guidance or assistance of any kind
The only time they see the owners is when they collect a check
There is no uniformity in business aesthetics or model
Location choices aren't done as a team
No equity buy in noted in contract to recoup franchise investment
The owners realized that they have a trademark issue after they franchise the company
They only recently became an LLC

[thomasaquinas]

These people had nothing: no recipes, no simple rights to the name, no great relationship with the franchisees. Marcus could, and would, have just opened a restaurant the way he envisioned it, without any former owners getting a big cut for doing, essentially, nothing...That is, he'd have done it, but for the purposes of having a reality-TV show...

[rorycalhoun]

FOLLOW-UP!!! how DID Marcus enjoy the Greek cheese sticks he had on on his trip to Athens?


😉

[kosh]

everything needs to be re-done...

It's going to be a completely new franchise.. 😂 😂

[GUTOMOFFICIAL]

This is great! Funny reactions. Reminds me of Kitchen Nightmares.

[UnitedStates.]

“As soon as the cameras stopped rolling, however, "The Profit" producers allegedly told the Ferences to return the check Lemonis gave them, saying it was only a stage “prop.”

“They still have never received the Three Hundred Fifty Thousand and 00/100 Dollars ($350, 000.00) from Lemonis, ” the complaint states.”

Surprise!!!

[davidjulianlozada]

marcus lemonis un gran ejemplo de finansas quisiera poder conoserlo personal mente tiene un gran admirador

[lesliesackey]

I’ve had grape leaves before and while they’re not my favorite, it would DEFINITELY be disgusting from frozen. No hate to grape leaf lovers, just not my jam.

[jackhammerjack]

I think we have a great concept. We need a new concept 😊

[WamuyuGatheru]

The business components are fascinating. But the owners of the restaurants are often unhealthy looking and overweight...not a good message

[nevillethorley]

Turning a failing heavily indebted business  into a successful one does not happen overnight. As Lemonis is not doing this for charity and is looking for a quick profit,  how can one of these ailing companies pay Lemonis back his investment in short order with  profit and at the same time get back on it's feet?

[timothyohs]

Only way to get funds is to find a invester like you.Still waiting for PDF. from land lord from 3 owners ago the last two have no books.

[JohnWebster-oo]

I think all entrepreneurs should watch the profit episodes. Too many people getting into business trying to figure stuff out which makes zero sense when people are telling you what to do, things to avoid. Like when I got into realestate I became very successful in less than 9 months. I has somebody successful show me and I did exactly what they said. No point of spending time and money for no reason. Smh

[tjvlogs]

Disagree about the breakdown of the frozen fries… sell fresh it takes time & manpower to prep that much potatoes on a daily basis… macdonalds are not stupid 🤷🏽‍♂️

[smyrnalee]

"The Simple Greek" . . . . Marcus, if you're reading, the "The" does not work. The article really makes "Greek" sound like it's referring to a person. "Simple Greek" is better. "Simply Greek" would work, too. Please fix before going nationwide!!!

[bobfotoples]

It's pronounced YEAR-o. NOT GYRO like a gyroscope.

[Gabriel-frsd]

How does he calculate the margin? what is the math formula?