CNBC will premiere the new series BILLION DOLLAR BUYER on Tuesday, 03/22/16 at 10PM ET/PT. In this series premiere, billionaire hospitality mogul Tilman Fertitta meets with two local Houston businesses to find products that will spice up his booming restaurants, hotels, and casinos. First up is Macaron By Patisse, a sibling-owned specialty dessert shop funded by their parent's retirement fund. Next up is Bravado Spice, an award-winning hot sauce company run by two hard-headed friends who turned their hobby into a full-time career. If they impress, they could win an order that will transform their business and their lives. But failure could mean the end of the road.Will either duo be able to strike a deal with the Billion Dollar Buyer?
About "Billion Dollar Buyer" Billionaire hospitality mogul Tilman J. Fertitta can make small businesses big with just one life-changing order. In CNBC's newest primetime series, "Billion Dollar Buyer," he'll travel the country to meet up-and-coming suppliers? and decide if they have what it takes to partner with his empire.
Chairman, CEO, and sole shareholder of Landry's, Inc., Fertitta oversees more than 500 properties and over 50 leading restaurant, hotel, and entertainment brands, ranging from high-end properties like Mastro's and Morton's The Steakhouse, to such mainstream destinations as Rainforest Cafe, Bubba Gump Shrimp Co., Saltgrass Steak House, and five Golden Nugget Casinos. With an annual supply spend of $2 billion, his buying power is second to none. Now, he's personally scouting the country for the most innovative new products America's entrepreneurs have to offer - everything from food and drink for his restaurants and casinos, to linens and spa products for his hotels.
In each hour-long episode, Fertitta will spend time with two small businesses, sample their goods, get to know the owners, and assess their compatibility with Landry's, Inc. He'll point out flaws in their product and operations, share his expertise, and push for improvements. In the end, he'll decide whether to place a transformative purchase order with one of the companies, both, or neither.
These small businesses are about to come face-to-face with the most powerful customer they'll ever meet: the Billion Dollar Buyer.
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