The Profit in 10 Minutes: Athans Motors | CNBC Prime

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"The Profit" episode "Athans Motors" is now available to watch in just 10 minutes! Watch full episodes of "The Profit" on demand now! Hear the Full Episode with The Profit Podcast: megaphone.link...
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About The Profit:
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.
About CNBC Prime: By night, CNBC Prime is an entertainment network with a programming slate that is an extension of CNBC’s distinct brand. The entertainment focused block in primetime includes programs such as Shark Tank, The Profit, Jay Leno’s Garage, American Greed and Secret Lives of the Super Rich. Primetime programming airs Monday through Sunday, 7:00 PM - 2:00 AM.
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The Profit in 10 Minutes: Athans Motors | CNBC Prime

Опубликовано:

5 окт 2024

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Комментарии : 90

@edition-deluxe 3 года назад

I really like how this guy can put the hard questions to business owners in such a way that they actually begin to see the big picture; whereas most of us, in confrontations, just start a bigger fight. I'm quite impressed by the mastery of human psychology.

@truckingpro 3 года назад

That’s worth 1 car

@ChaceBonanno 4 года назад

Looks like he got a business loan to open a car dealership and just spent it all on the dealership and none on cars

@srreventon 3 года назад

Writing a check for 3.5 million.. dam.. Marcus is a serious business man

@Mathewmartialart 4 года назад

Pete Athans left the company around 2016 , and marcus sold the company in 2018

@dj1698 3 года назад

They sold it to Sonic Automotive

@keittimothy9549 Год назад

It was aright move

@jackhammer078jack4 7 месяцев назад

Pete did not deserve Marcus

@Dakid015 7 месяцев назад

Pete looks like he's better off running an arcade

@Driv3ItLikeUStoleIt 4 года назад

Please tell me my eyes are acting up and he didn't appraise a miata for 30k 4:40

@devinallen827 4 года назад

FBR maybe a pristine NA with 2miles lol

@superchargedpetrolhead 4 года назад

yeah, i was kinda believing this until that.....

@DinizEngland 4 года назад

Knowledge is power. See how he brought about change and prosperity to this company. How come the original owner didn’t know that he wasn’t kitting up for a movie theatre or swanky restaurant?

@mrchikago4420 3 года назад

I drove by this place for 10 years lol

@jasonups5386 4 года назад

Losing some weight and cutting back on food could be another 10k. Just saying every penny counts

@lildowns9590 4 года назад

😂

@MrAppbee 4 года назад

Bruh

@paultazuba9244 3 года назад

Oooops

@bettytriplin3693 2 года назад

I just love watching Marcus work! I love his decisive attitude and get it done now mode! Awesome! No wonder he's a millionaire!

@jaisabai4155 4 года назад

"The steaks are huge" 🥩 🤩

@feimohach 4 года назад

😅🤣😂😂 yeah they are huge!

@mnati25 4 года назад

I'm really enjoying this series

@thyslop1737 4 года назад

Just finding out this is an old video. Automatch profitable? Belly up!

@altar7885 3 года назад

Really? Does Mark ever make a profit?

@jpanega1 4 года назад

I took my car here just as they were building it out. Replaced a clutch. The floor in service was just being finished. I knew it wouldn't last long from day one.

@028TuvaluanHero 4 года назад

Is this before or after the takeover?

@DinizEngland 4 года назад

Micro management gets no one anywhere.

@davidwussah4312 4 года назад

It's a dangerous thing to happen to a business. It's like suffocating your own baby

@austinhannemann2615 4 года назад

Looks like he came around! Good luck man!!

@DubiDesign 4 года назад

Meet the gordon ramsay of business management

@anthonylarocco4295 4 года назад

You can purchase used Porsche, Lexus, jaguar and Range Rover depreciate so fast it will make your head spin. You can purchase those for brands for $15,000. People walk in to that beautiful shrine and see those beautiful cars, Done Deal.

@028TuvaluanHero 4 года назад

How about maintenance? Lol out the gate

@mattthacker4163 Год назад

marcus end game was to sell the business to a big chain which he did in 2018 after he forced the owner out

@marcelnz 4 года назад

thanks for this follow up C NBC .. *Waves from New Zealand*

@mamr6789 4 года назад

Dealership with no cars lol

@Jetisback00 3 года назад

Marcus is a genius

@NotACop25 3 года назад

That must be why most of his investments fail

@brianwilliams4832 4 года назад

It's funny that CNBC is doing "The Profit in 10 minutes", since that's about as much show as you get when you take the commercials out....

@Bravonewyork 3 месяца назад

This is exactly what I was dealing with at my old job, micromanaging from 7 partners, they all are right and you’re wrong if you don’t follow what one of them says.

@streetpreacher7176 4 года назад

I can’t believe you guys got rid of the ceilings!!! I likes the sky and cars up there ! 🔥❤️

@johnwebster5740 Год назад

This guy's spending was crazy . The walls etc Marcus said this place would be good to go with some renovations lol.

@Charlie123Chaplin 4 года назад

I don't get it, Why Marcus is giving money $3.500 Millions, without ever signing agreements?

@shyamtaneja4046 4 года назад

Wowwww Many Thanks for this video CNBC Team😃👍👌

@anthonylarocco4295 4 года назад

How could I forget also a Mercedes-Benz will depreciate within the first 2 to 3 years by 50 to 70%. So when a customer walks in and sees a Toyota Camry or a Mercedes Benz, Both three years old for the same price which one do you think they are going to choose.

@DeRothschild 4 года назад

If they want to like sleazy immigrants they’ll buy the used Mercedes.

@gmkhn66 4 года назад

Ego is one SOB

@augustinekanyi 4 года назад

shoulda kept the painted ceilings though

@nistaffsubs6787 4 года назад

They said, That is a distraccion... But i agree that's a nice paint...

@anthonylarocco4295 4 года назад

I’m sorry Marcus usually I do agree with you however I am in the car business and when you have a luxurious layout like Pete did, you do not destroy that. You simply go to the auto auctions and buy luxurious cars at a very discounted price.

@chriswebb7521 2 года назад

Yup, 60 days is over aged and 80 days us bleeding. Learned that fast in the car business.

@cdtluna 3 года назад

This show was published in 2020 and the dealership was sold in 2018? It took this long to make the video?

@hudsongraham2603 4 года назад

When is Deal or no deal coming back on here?

@kevinvvn 4 года назад

If I ever give anyone the manager's post; performance and weight gain directly will affect the salary of that manager.

@sutats 3 года назад

Sometimes we become deluded about building the business.

@sunnypepple6571 3 года назад

3:46 is crazy...

@keepscrolling6042 3 года назад

would like to know how are these guys doing, with the used car boom.

@mattthacker4163 Год назад

marcus forced out pete in 2016 and sold the company to a big auto company in 2018

@estebanazcarragasada9386 4 года назад

Nice Marcus Lemonis

@Mx.zero167 Год назад

Update: place is now closed

@Chicago48 3 года назад

Does Marcus really write those checks? They must have a hold on them. Athans wants to be Trump - "his name on the building."

@cornell833 3 года назад

The profit 💰💰💰 💰💰💰✨💪

@feimohach 4 года назад

Sometimes growing up is good.

@mohamedsps9254 2 года назад

Great

@eurocookinvlog9176 4 года назад

they stage this big act

@vinmilesfewpics 3 года назад

Why didn’t he just do what every NJ car dealer does and turn to bank fraud?

@mikemike1602 4 года назад

Erika has pretty eyes.

@flowersandcandyflowersandc9093 3 года назад

Marcus is a genuis I wish I had a business for him to be 100 percent in charge of.

@harlyslamm2888 3 года назад

then you would be an employee...why dont you fill out an application on one his companies?

@gangster125 10 месяцев назад

@@harlyslamm2888100% in charge is a lot different than 100% equity

@littleray3899 4 года назад

He is a bad business man

@thyslop1737 4 года назад

Guy needs to focus on his health first. He is a whale. Needs to lose minimum 100 pounds.

@jamesbissett9195 4 года назад

He smoke da lot

@J.w225 3 года назад

Mar us was wrong for channging the name tho

@mattthacker4163 Год назад

he was doing it to sell to a big auto giant which he did in 2018

@sarfrajalam2693 3 года назад

Wow

@Realizinq 3 года назад

Taking his name off was just a kick to the balls lol Athans motors wouldve worked just fine with all the other changes Marcus made.

@williammitchell1785 4 года назад

Is this guy's name Louis fingers this guy is a racketeer

@thedriftlessverse7121 4 года назад

Fake!!

@birdie2010 4 года назад

This pete is delusional imo

@MrDjdanv 4 года назад

FAKE!

@aa-vg6rn 4 года назад

I laff at him

@nycgweed 3 года назад

False profit ! Check out Forbes article where 50+ small business owners tell you the truth how he swindled or crushed their businesses

@mattthacker4163 Год назад

agreed