Marcus Lemonis: Hurricane Matthew could ruin a lot of businesses

Marcus Lemonis: Some businesses won’t survive Hurricane Matthew

Turnaround king Marcus Lemonis helps businesses survive tough circumstances as the star of CNBC's "The Profit."

But Mother Nature might be the one thing Lemonis can't beat.

When asked if he thinks there will be businesses that don't survive Hurricane Matthew, Lemonis said: "I do."

In fact, one business in Florida in which he is invested is in particular danger, the entrepreneur said.

"I have a store in St. Augustine [and] a store in Jacksonville," he said. "We have Sweet Pete's in downtown Jacksonville — that's an old historic building. I think the thing that I'm scared about is the business might not make it either."

Jacksonville, Florida, is one of the towns expected to be badly hit by Hurricane Matthew.

"Jacksonville is one of those towns that typically doesn't get a hurricane because of the angle of it," Lemonis said. "It never really makes it there."

How to prepare your business for a natural disaster

Lemonis said that in addition to having the necessary insurance beforehand, acting fast in the face of danger is the most important thing.

"It happens fast," Lemonis said. "We get the inventory moved out as fast as we can. But we get our employees out of there 24 to 48 hours before the storm."

We get our employees out of there 24 to 48 hours before the storm.
Marcus Lemonis
CEO of Camping World and business strategist on CNBC's "The Profit"

It's all about making sure employees and inventory are evacuated immediately, according to the investor.

"They need to go home," he said. "They need to pack their families up. And they need to get out of there."

"In some cases, we even give our employees vehicles to get out of dodge," he added.

CNBC'S "The Profit" airs Tuesdays at 10 p.m. EDT.

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