Chapter 194: Expansion! (1 more)
The battle in Causeway Bay ended, and the fight between Huo Wenyao and Hongxing came to a temporary end. The five A-goods stores opened by Huo Wenyao in Causeway Bay returned to their previous state, paying the required amount of money, and Hongxing also fulfilled its promise and never made trouble again.
The rivers and lakes were calm.
This was within Huo Wenyao's expectations, but the reaction of Tony and his three brothers was beyond Huo Wenyao's expectations. Originally, according to his and Jimmy's ideas, they needed to play the good and bad cop to appease their anger, but they didn't expect that it was not necessary at all.
On the second day after the incident, Jimmy returned to Tsim Sha Tsui East, and the three brothers took the initiative to find Jimmy, not to get angry, but to explain.
The atmosphere was peaceful.
Tony smiled and told Jimmy that since Brother Jimmy did this, he must have a reason for doing so. What was the reason, the brothers would not ask, but just hoped that if there was such a thing in the future, Brother Jimmy would inform us in advance.
They also said that even if they really had to act, they would resist and would never withdraw immediately like others.
Their explanation made Zhanmi a little embarrassed. He didn't say anything else, just smiled and gave the three brothers a big red envelope of 20,000 yuan according to their contributions during this period to encourage them to do a good job in the future.
After solving this matter, Zhanmi and Yao Keke devoted themselves to the work of acquiring Yunshui Street and Huayuan Street.
A few days later.
Halfway through the work, Zhanmi crossed the sea to Causeway Bay to report to Huo Wenyao.
After difficult negotiations, the remaining 25% of Yunshui Street was taken and 14% was taken, which means that nearly 90% of the shops on the entire Yunshui Street were taken. This 14% cost another 30 million, plus the previous 140 million.
So far, Yunshui Street alone has spent a full 170 million.
The work of acquiring shops on Huayuan Street was carried out simultaneously.
Anhe Real Estate's initial book funds all came from McDonald's, which is 240 million, and there is 70 million left. It did not draw blood from other industries, because it was a drop in the bucket and was not enough.
For example, the pornographic magazine "Feng Yue" has a monthly net profit of 4 million, and so far, it has only accumulated 12 million.
"Night Life" has also been on the market for one and a half months, but this thing focuses on the low-end market, and the price of a single copy is only four yuan. Due to the large number of competitors, the sales volume is not as good as "Feng Yue". The net profit in one and a half months is only 1.2 million, and only 800,000 per month.
What's worse is that the emergence of many low-end pornographic magazines has already had an impact on the sales of "Feng Yue". In the first three months, each issue was stable at 200,000 copies, and the highest sales even reached 250,000 copies, but now it has begun to decline.
According to this trend, it would be good if the sales of Feng Yue could be stabilized at 150,000 copies, and the profit per copy would be only more than 4 yuan, and the monthly net profit would drop sharply to about 3 million.
For example, Huo Wenyao inherited the fixed assets of Zhong Xinyi, a nightclub and two bars, and the monthly net profit was only 2 million, which was not enough.
On the contrary, Fuxing United Clothing gave Huo Wenyao a big surprise. During this period,The deposit for the A-goods orders has reached 34 million, but this money cannot be used in full because it still needs to pay for employee wages, machine maintenance, materials and many other expenses.
Drawing blood from other industries to nourish Anhe Real Estate will not only not play a big role, but also have too many disadvantages, which will lead to stagnation in the development of other industries.
Take Fuxing United Garment as an example.
At present, the A-goods market is in full swing. Lu Fu has expanded in accordance with Huo Wenyao's requirements, recruiting people, purchasing machines, and annexing other small factories. Everything needs money. The little money earned from the orders is not enough at all. It is good not to ask Huo Wenyao for money.
For this matter, Lu Fu also crossed the sea to Causeway Bay a few days ago to meet Huo Wenyao in person and ask him if he could mortgage Fuxing United Garment to the bank and get a loan from the bank.
Huo Wenyao approved without hesitation.
Therefore, during this period, not only Yao Keke was dealing with the bank, but Lu Fu was also, and they all wanted to get a loan from the bank.
In the past, it didn't make any sense to do small things. It was only until now that Huo Wenyao felt that if he wanted to grow rapidly, he really had to build a good relationship with the bank. Otherwise, if he relied on himself alone, it would take years and years, and he didn't know how many good development opportunities he would miss.
This is what Zhanmi said about taking steady steps. Although he would miss opportunities, the group had sufficient funds and didn't have to worry about the sudden break of the capital chain, which could greatly increase the group's risk resistance.
Huo Wenyao didn't want to play like this.
Back to the point, 90% of the stores on Yunshui Street were taken, and good news came from Huayuan Street.
There are ways to play with insufficient funds.
There are only more than 50 stores on Huayuan Street that are really suitable for selling shoes, and it is not necessary to take over the entire street. Huo Wenyao ordered Zhanmi and Yao Keke to focus on the more than 50 stores with suitable areas for selling shoes first. 26 stores have been taken, nearly half.
There is no other reason for such a fast speed. It depends on three words: money ability!
Spend money!
Of course, even if we were to spend money, we would not allow the other party to ask for an exorbitant price. We basically paid 30% higher than the market price, and the highest price was 35%. The final result was that we spent another 47 million to acquire these 26 stores, with an average of 1.8 million per store.
Anhe Real Estate had only about 20 million in funds on its books.
……
It was already 9:30 in the evening, and the work report was basically completed.
Zhami couldn't help but complain: "Brother Yao, it's getting harder and harder to get a shop now. Those bastards on Huayuan Street are all so smart. They are not satisfied with the price that is 30% higher than the market price. They still want to negotiate higher. They are so greedy."
"Damn!"
"Dealing with these guys can make people angry. Sometimes I even think about whether to use Tianci. Before talking to them, I will throw paint and help them go around. Other companies that acquire land do this!"
This is true. Even if Li Bancheng and He Xin want to get land, they will cooperate with the companies in this era.
Nail households exist in every era.
These nail households, the most feared thing is not the right way, but the head of the word.
The real estate company could not solve the problem for several months, but as long as the head of the word stepped in, it could be solved in a few days. Cutting off water, electricity, intimidation, all kinds of despicable means, not many people can bear it. If you resist and anger the head of the word, most of the time, your family will be broken up.
Huo Wenyao didn't feel anything, and said: "Zhanmi, it's only 30% higher than the market price, not 300%, don't be so angry. People are the same. You say that others are greedy, but are we not greedy? We are all here for money."
"We want to make money, and others want to make money too. This is the market economy. As long as it's not a lion's mouth, it's a reasonable request. Calm down."
"And."
"Unless you have to, you are not allowed to use the head of the word on ordinary people!"
At the end, Huo Wenyao's tone has become very serious.
Zhami's expression became serious, and he said, "Brother Yao, I've been arguing with those uncles and middle-aged housewives for a while, and I'm a little annoyed, so I just want to complain. Don't worry, I won't use Tianci easily."
"You know me. Among this group of brothers, Ah Ren and I hate being in the underworld the most. Now that we can go the right way, who would still like to make money by illegal means?"
Huo Wenyao nodded.
He just said it casually. Zhanmi really has nothing to worry about. If there is anything to worry about, it should be Luo Tianhong and Feiji, the idiots. If something really happens, they will definitely be the ones to blame.
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