The Profit will be back. This week, CNBC announced the series will return for a fifth season in June.
The show follows entrepreneur and investor Marcus Lemonis as he goes to struggling businesses and “makes an offer that’s impossible to refuse; his cash for a piece of the business and a percentage of the profits.”
Season five of The Profit is set to debut on June 6th at 10 p.m. ET/PT.
ENGLEWOOD CLIFFS, N.J. – April 5, 2017 – Serial entrepreneur and investor Marcus Lemonis has selected “The Partner.” Last night, on the season finale of the CNBC competition series, non-profit program manager Julianna Reed, of Santa Monica, California, learned that she would receive a half-million dollar contract, an equity stake in Lemonis’ holdings, and the opportunity to help manage his extensive portfolio.
CNBC also announced that Lemonis’ hit series “The Profit” will return with all-new episodes beginning Tuesday, June 6, at 10pm ET/PT.
During the finale, Lemonis addressed his decision to pick Reed as “The Partner”:
“You always told me how much you wanted this and you can’t teach people desire. And, you have a good sense of people and you have good common sense about what’s right and wrong in business.”
Prior to signing on as Lemonis’ new business partner, Reed was the program manager for I Am That Girl, a non-profit organization helping young girls turn their “self-doubt into self-love.” In that role, she managed special projects and sought funding for the organization via brand partnerships. Watch an interview with Julianna Reed as she discusses the wild interview process, the competition, and what it truly means to be “The Partner”: https://youtu.be/hbNP6Snyqw0
Prior to the June 6th premiere of “The Profit,” Lemonis will host a special sneak peek episode on Monday, June 5th at 10PM ET/PT, featuring highlights of the upcoming season.
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 one-hour episode of “The Profit,” 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.”
What do you think? Have you seen The Profit? Will you watch the new season?