The Profit star Marcus Lemonis is the CEO of Camping World so adding a company that makes portable tiny homes to his portfolio seems like a natural fit. Lemonis travels to Colorado to meet Tumbleweed Tiny Homes Company CEO Steve Weissman. Tumbleweed was a side business for the first few years. But now the manufacturer is in over a million dollars of debt and is on the brink of bankruptcy. the bankruptcy lurks about one week away, according to Weissman’s wife.
When Lemonis gets a hold of the financials, he accuses Weissman of running a “smoke and mirrors business” after he discovers that Weissman “pulled out $600,000 out of the business, in a business that’s growing.” When asked why, Weissman says “I didn’t see this coming.” The Profit airs Tuesdays at 10pm on CNBC.
Marcus Lemonis accuses this tiny home business owner of running a ‘smoke and mirrors’ operation from CNBC.
