Marcus’s Growth Strategy for Bentley’s Corner Barkery (not bakery)
This is one of the very best episodes to date.
Bentley’s is a small chain of natural pet food stores which finds that it is growing too quickly for its own good. The business was launched in 2008 by Lisa and Giovanni Senafe. The owners refer to it as “the Trader Joe’s for pets.” It has seven stores in the Chicagoland area. The Senafes own 70% with a silent investor holding the remaining 30% of the equity in exchange for $300k.
He’s back and this time it’s personal!
Marcus returns with the third season of The Profit on October 28th right after the GOP debate. After that the episodes will air on their regular day and time beginning TUESDAY, NOVEMBER 3 at 10PM ET/PT.
So How are Marcus’s Growth Strategies Panning Out?
In this ninth, and I assume penultimate episode, of the third season, Marcus revisits three businesses from the first two seasons to let us know how they are doing.
Sweet Pete’s Candy
I was very impressed, as I am sure you were, with the rapid growth of Sweet Pete’s Candy. Pete and Allison are the kind of honest and hardworking people you really want to see do well in business.
Marcus Lemonis Develops a Growth Strategy for The Lano Company
The Lano Company is a Kansas City, Missouri based business launched ten years ago by Miranda when she developed a lanolin lip balm. Since then she and her business partner husband Layne have expanded the product line dramatically and grown the top line to $2.4 million as of 2014.
Let’s look at the situation using the 3Ps.
Marcus Lemonis and Precise Graphix
Precise Graphix is a Manaus, Pennsylvania company doing graphics and millwork for business clients. It’s owned by two brothers, Keith and Dean, who have been running it for 12 years.