An Ultimatum For Johnny Meatballs – Life or Debt, Season 1

An Ultimatum For Johnny Meatballs – Life or Debt, Season 1


– Johnny has to get rid of
the meatball truck and has to go work
for his father.[dramatic music]In the front office,
learning about inventory, learning how to enter data, to develop those tools,
Johnny, so we have some stable income, so we bring our debt to zero. You need to focus on
the business of the family. – I don’t know if I could
commit to that right now. In four or five years,
it’s gonna be too late. My window will close. – You can tell me that
the business has potential, but as it stands today,
it has zero value. How do I know that? Because I look at
your balance sheet. – I looked at
every single aspect of your cost versus
what you’re bringing in and there’s nothing there. If you look at it,
you have a six-month business. If it’s nice out
every single weekend and if you book an event, this is what you’re netting. After your expenses, $3,500. All right, so what does that
really come out to? You’re looking at
75 bucks a week over the course of a year. With the van,
that’s the best you can do. There’s no way around it.So that’s a lot of work.
– But it’s something that he– – Which I know
you guys work hard. I–you know,
I’d rather work easy and make more money. I don’t know about you guys.– That’s a great mentor
right there. – 90 days. – [laughs softly]
– All right? – You guys.
– You gonna give me an answer, one way or another,
in 90 days? – Yeah.
– All right. – The time is set.
The clock begins.While the meatball business
took a step back,
Johnny and Megin
took a step forward in the last four days.What’s still up for debate is:can this family make
the necessary changes
to make the family profitable?

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