This is when it got interesting from a deal-making perspective because Marcus did something new and a little bit more sophisticated than before. He told Jim that in addition to their 49% equity stake, they could also have a royalty of $1 per pie. Sell 40K pies and you get $40K. Sell 400K pies and you pocket $400K. Sell a million pies and you pocket a cool million.
The Profit: Marcus Lemonis Resorts to Creative Dealmaking
Posted by LarryWildman under StrategyFrom http://tycoonplaybook.com 3662 days ago
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