Since the accountant revealed that they lied to him about why he was there, and since they pushed out an agreed upon partner, can he just say that he's out of the business and take his money back? And the supplies they bought with it?
I don't watch this show regularly, but that deal seemed to really suck. Those people were terrible, I don't think they deserved to stay in business.
It's entirely possible they never did get money. Some of the times viewers see a check being handed over, it's post-dated or has conditions. Look at the Swanson's episode for example.
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Maybe he did, but maybe he didnt. Unfortunately they have a track record of being a little funny with the facts.
Plus when we consider a speculative question, we have to look not only at what was shown on the episode, but sometimes more significantly, what WASN'T shown, or talked about.
If Marcus actually had ownership of the cutter, why didn't we hear him complaining about it? It's conspicuous in its absence.
What was shown was that these people were dishonest about the arrangement, reluctant to make changes, and verbally abusive to employees. That's significant. Any one of those things to me, would be enough to not go through with a deal.
Marcus would have had to provide the money for the purchase of the cutter, considering the financial data given about the company. I don't think they could gather that much money together.
I wonder if it isn't shown because he would have had to go through some legal process to have it returned and that would just be boring or dry (or it's an ongoing situation that hasn't been completed).
Is this your own reality show version of what happens?
CNBC will not be reimbursing Marcus. That has and never will happen.
Since you're making the allegation, let's see some documentation.
Rumor has it that Curmed and Marcus will be teaming up for their own reality show entitled Dual Survival: Butt Pirates in Paradise
shareI'm eager to hear 240sweets version of this story.
They've take a major reputational kicking on the show, so I wonder what their response will be.
I'm not sure that this can be explained away. People can blame editing all they want, but these people still said and did awful things to their employees and admitted to bringing the show in to get rid of the spice guy.
I went through their page on yelp, people had a lot of fun with that after the episode aired.
The Profit does some expert level editing and manipulation, they've done it before.
In this case I'm a little hesitant to automatically convict without hearing both sides.
Keep in mind that what we have here is third party hearsay.
And one thing the editing didnt seem to hide was that Marcus showed up once for the initial filming and then apparently vanished for quite a long time. The second set of scenes appeared to have been shot a very long time afterward. Why was he so far out of touch if he'd actually made an investment? Is this another situation like Swanson's where they shoot a fake scene of a check being given, but no money actually changed hands?
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He would have to sue them and he has done it before. They were real trash. Frauds.
I would say my memory is not what it used to be. But I don't remember what my memory used to be.
How did the publicity work out for the Popcorn company?
They lost their contract with Disney after the episode aired. I'm sure the owner heard a lot of grief too.
In the past, Marcus has revealed that much of the new equipment he purchases for a business is on finance.
And in cases where it isn't (like that flower shop in Season 1) he just takes people to Court to recover any monies dishonestly taken from him.
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After the show, fans of The Profit have bombarded the 240sweet Facebook page with tons of negative comments. Also their ratings on review sites has plummeted after hundreds of 1-star reviews.
UPDATE - Marcus said the $100,000 he invested in the business is gone. He also hinted that he will try to get it back, but suing for breach of contract is not worth it.
240sweet posted the following message on their Facebook page a day after the episode aired:
"We appreciate the opportunity given to 240sweet to be featured on television. We understand that everyone is entitled to his or her own opinion, however, we would like to remind everyone that television is meant to entertain first and foremost. In order to gratify viewers and increase ratings, portrayals of those featured can be misleading. We truly value our co-workers and are grateful for the work they do. Our customers are our livelihood and we appreciate those that have shown loyalty since the show aired. We look forward to the opportunities that we currently have and coming up.
-240sweet Owners"
http://www.theprofitupdates.com/2016/01/the-profit-240sweet-update.html
I'm sure there was some editing tricks to exacerbate the bad light bathing over the owners.
But the one kept saying "I'm an entrepreneur!" like it was analogous to "I'm the sovererign ruler of this kingdom, and my every decree is infallible. Bow down and follow my illogical orders."
That wasn't editing. It was bonkers.
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The expectation on this show is, that you are an accepting, open, loving, good character person, you can change on honest critique and you wouldn't depict yourself in bad colors.
Why? That is not how most of the population is. Having a shop doesn't change anything. A show on CNBC is niche at it best, you just have to survive the first wave of s--tstorming. After that, you are set.
The flower shop owner in of the first episodes was a spoiled child and misused Marcus as an consultant he couldn't afford. He got his way.
The guy with the fish store seemed to be a little easy with the money, some suggested even worse. The family didn't seem to care and always found other "explanations" for things that looked bad.
The popcorn lady was used to do the "snake oil" act, but she underestimated the s--tstorm and it was the first time someone really lost after the show. Be she seemed to get back on her feet, and Marcus maybe had the feeling that he selled her a little short.
The guys with the "toystore" had one dad that they milked, and made their hubris work somehow. They didn't care and they still seem in business.
The recent longboard owner is someone who shouldn't run a company, not even remotely understanding anything interpersonal, strong "Dunning Kruger" in effect, even if 10 people tell him. He didn't seem to care much to be depicted that way.
Its clear that the women in the episode didn't care about anything then using Marcus to get rid of the dad. They are probably strong SJW and are willing to push an elephant through the porcelain store to get what they want. In a year nobody will care, and its forgotten.
That is the "reality" now. Too much beep happening to track.
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The reviews on Yelp before that aired weren't impressive. Marcus is into sweets and has been successful in that business. They were stupid and short-sighted not to go partners with him.