bar1080
9 years ago
"The Profit" abandons bid to help rebuild Crumbs"
"Thereβs a little icing for The Profit as he takes his losses on Crumbs.
Marcus Lemonis, the CNBC star who coaches small businesses, called it quits Tuesday on plans to turn around Crumbs Bake Shop β the cupcake chain that he and Fischer Enterprises purchased from bankruptcy in August 2014.
βIβm moving on,β Lemonis told The Post, but by doing so, the reality-TV star is taking βa significant loss.β
βThe Profitβ host called his Crumbs partners of the past year β a father-and-son team named Fischer β βnice people.β But they were majority owners, he said, and his being a minority owner didnβt allow him to βeffect changeβ at a pace he felt necessary..."
http://nypost.com/2015/09/02/the-profit-host-abandons-show-to-help-rebuild-crumbs/