CNBC to Premiere Season 3 of THE PROFIT, 5/12

By: Caryn Robbins May. 07, 2015

The third season of "The Profit" begins on 5/12. The new season consists of 10 new episodes, which will air on Tuesdays at 10p and 1a ET.

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 the past 10 years, he's successfully turned around over 100 companies.

Now he's bringing those skills to CNBC and doing something no one has ever done on TV before ... he's putting millions of dollars of his own money on the line. In each episode, 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 #301: "SJC Drums" Premieres Tuesday, 5/12 at 10pm ET/PT on CNBC

Mike and Scott Ciprari started SJC Drums in their grandma's basement - and quickly transformed it into a million-dollar company catering to the hottest bands. But sibling rivalry and clashing egos forced Scott out of the company, leaving Mike in charge and SJC in free fall. Can Marcus Lemonis resolve this FAMILY FEUD and turn a money-burner into a money-earner?