The Profit - Lyles BBQ Update

Tonight on The Profit, Marcus Lemonis is in Lexington, Kentucky hoping to make a deal with Lyles BBQ.  Lyles BBQ is a family-owned and operated barbecue restaurant with two locations.  The two locations are not consistent with each other and everybody in the family seems to have a different vision for the direction of Lyles BBQ.  The son Chandler has applied for a job at one of Marcus' companies and has also applied to be on The Profit.

Let's take a look at some information related to Lyle's BBQ as well as what kind of deal was made on the show.




News and Links Related To The Company:

• Here is the Lyles BBQ website and Facebook page.
• Lyles BBQ currently has 2 locations with one in Lexington (Stonewall), Kentucky and the other in the Fayette Mall.
• In April 2017, Marcus Lemonis was opening a Camping World in Kentucky.  Lyles BBQ offered to provide catering for the opening and Marcus seemed to agree to this. (Link)
• Chandler Lyles has a YouTube account where he has several videos related to the business.  He plans to keep it going after the episode airs to give updates on the business.  There is also a video of when he applied to be on Shark Tank.  (Link)
• Momma Lyles also has a YouTube channel. (Link)
• Lyles BBQ tried to raise money via Kickstarter in 2014. (Link)
• The Lyles BBQ location in the Fayette Mall was redone by Marcus Lemonis in November 2018. (Link)
• Here are the Yelp reviews for Lyles BBQ, which average 4 out of 5 stars with about 100 reviews. (Link)
• Marcus has also invested in another BBQ company - Shuler's BBQ from season 2 of The Profit.

The Deal From The Episode Plus Post-Show Updates (this will be updated continually):

• The Deal - $100,000 to invest in the mall location and developing products.  Marcus will not invest in the restaurant location.  He will take a high percentage of the profit on the products developed.
• Lyles did sell their food truck/storage bin that was outside of the restaurant. (Link)
• Here is the Momma Lyles Facebook page and website, which is the brand that was developed with Marcus Lemonis.
• The shop has 4-packs of BBQ sauce and pickles for $39.99 and clothing such as t-shirts.
• Marcus decided to give Chandler a job offer to work for ML Food Group for $75,000 a year plus bonuses, which he accepted.  The signing bonus was $10,000.
• Chandler started his job in February 2019, right after the episode aired. (Link)

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