Chapter 842: Profit of Terror

It's really a good time to make money.

If it weren't for the year-end summary meeting, Wu Xiaozheng might not be particularly clear about how much he can make from several companies under his command now.

Before the Chinese New Year, Wu's enterprises had two meetings to open.

One is the year-end summary meeting.

This is attended by the top management of each company, and it is to summarize the past and look forward to the future.

The other is the annual meeting.

This is a celebratory meeting that will be attended by employee representatives from various units of Wu's enterprise.

Due to limited conditions, it is not possible for all employees to participate together this year.

The first thing to be held is naturally the year-end summary meeting.

On the day of the meeting, all the senior management of the Wu family gathered at the Chef Wu Building.

Wu Xiaozheng set up the meeting venue in the banquet hall of the flagship store of Chef Wu Restaurant in the provincial capital.

It was one of the first to be renovated, and it has not yet officially opened to the public, so it is the most suitable place to hold a company meeting, and the conditions are much better than renting a hotel outside for a meeting.

Do the math, there are really a lot of companies under the Wu family.

On the side of Chef Wu Group alone, a food company, a wine company, and a restaurant chain company are all large-scale enterprises.

At the same time, it also belongs to the Great World Song Hall in charge of Ouyang Chubby and the performing arts company in charge of Zhang Ying.

On the Grandview Group's side, although there is only one Grandview Plaza and a Grandview Software for the time being, the future structure is not necessarily smaller than that of Chef Wu Group.

Soon, there will also be hotel management companies, real estate companies, property management companies, etc. under Grandview.

The meeting was chaired by Wu Xiaozheng himself.

Since it is to summarize the past and look forward to the future, the first step is naturally for the heads of each unit to summarize the past.

It stands to reason that there is a sequence in summarizing the past, for example, the enterprises under the Wu Chef Group came first, or the enterprises under the Grandview Group came first.

But Wu Xiaozheng did not follow this routine.

He used a direct roll call.

"Chef Wu's restaurant will come first. ”

The first one to sum up, it is natural to have to pick a company with a considerable income, but it is not so complicated.

On behalf of Chef Wu's restaurant, the one who made the summary was a man named Ye Xingyan.

This can be regarded as an old man of Wu's enterprise.

He came from the supply and marketing company with Shen Mo, and has been assisting Shen Mo in the development and management of chain restaurants, and later after Shen Mo began to take charge of Grandview Group, he slowly handed over the chain catering business to him.

Facing Wu Xiaozheng, Ye Xingyan was a little nervous, but his speech was quite clear.

"Chef Wu's restaurant chain company has four stores that have now opened, namely the Xiangshui flagship store, the first branch of the provincial city, the southern branch of Xiangnan and the second branch of the provincial city, of which the second branch of the provincial city opened in the middle of last month. ”

In addition, there are flagship stores in the provincial capital that will open soon, in addition, there are five stores under construction, and it is expected that by May Day this year, a total of ten stores will officially open for business. ”

……

Restaurant chain, of course, the important thing is the word chain.

Since the official opening of the Xiangshui flagship store in early July last year, only half a year has passed, and there have been four stores open for business.

Not only is it not slow, it can even be called rocket speed, and it can also be called a myth in the restaurant industry.

And that's just the beginning.

With the maturity of Chef Wu's restaurant, the next chain expansion can be described as a big stride.

According to this year's expansion plan, by the end of this year, more than 30 chain stores will be opened.

Among them, the focus is still on Hunan Province.

There are a total of 13 regions in Hunan Province, and according to Ye Xingyan's plan, one thing must be done this year, that is, to ensure that each region has a Wu Chef restaurant open, and more than 20 chain stores in the province must be open for business.

In the expansion plan outside the province, the focus is on Beijing, Shanghai, Guangzhou and Shenzhen, plus Hubei, Sichuan, Jiangxi, Guizhou and other provincial capitals that have the habit of eating spicy food, and will try to expand more than ten chain stores.

What makes Wu Xiaozheng happiest is not this data, but the profitability of each store.

Take the Xiangshui flagship store as an example.

Since the opening month, the monthly turnover of the Xiangshui flagship store has not been less than 500,000 yuan, and it has basically stabilized between 500,000 and 600,000 yuan.

And how profitable is it?

According to statistics, the monthly cost of ingredients in Xiangshui's flagship store basically does not exceed 100,000 yuan, which means that the cost of ingredients in a single store is less than 20% of revenue.

This was expected by Wu Xiaozheng.

Even in the future when the price of raw materials has risen sharply, the cost of raw materials for a restaurant should not exceed 25%, not to mention that in this era, Chef Wu's restaurant is positioned as a mid-to-high-end restaurant?

The same goes for the cost of expenses.

The cost of expenses in this era is really not high, especially the labor cost.

Coupled with the preferential tax rate for laid-off workers, the cost of expenses does not exceed 20% of revenue.

In this way, the profit margin of a single store can basically reach about 60%.

This means that the Xiangshui flagship store can contribute more than 300,000 yuan of profits to the chain catering company every month.

What makes more money is the first branch in the provincial capital.

Because in the provincial capital, the price of vegetables is relatively more expensive than the Xiangshui flagship store, coupled with the slightly larger scale, the monthly revenue of the first branch of the provincial capital is basically close to 700,000 yuan, and the profit is also maintained at more than 400,000 yuan.

That's a scary number.

According to Xiong Guoping's initial estimate, the total investment of this store is about 1 million, and the investment should be recovered in about four months.

But in fact, in less than three months, his investment has paid off.

It was very enjoyable for him.

The only regret that made him feel was that his total investment could only have a share of 500,000 yuan, which was invested in the first and second branches of the provincial capital.

The happiest is naturally Wu Xiaozheng.

The catering in this era is really very profitable.

It's really scary.

If there are only a few stores, but by the end of this year, 30 stores will be open together, and the profit will be really impressive.

To be a little more conservative, based on the monthly profit of 300,000 yuan for a single store, the monthly profit of 30 stores combined is more than 9 million yuan, and the annual profit is over 100 million.

Because of the rapid expansion of Grandview Plaza, Wu Xiaozheng was originally a little worried that the money was not enough to spend, but now he has a bottom.

With such a money-making machine, do you still have to worry about not having enough money to spend?

The real money-making machine is not the restaurant chain enterprises, but the food companies and liquor companies.

After Ye Xingyan finished summarizing, Wu Xiaozheng ordered the food company for the second time.

On behalf of the food company, Liu Zhijun made the summary.

Although he is the Vice President of Chef Wu Group, he also holds a management position in a food company.

As soon as Liu Zhijun stood up, he made a joke first.

"Boss Wu, you have to be mentally prepared, don't be scared by my summary!"

This means that the profits of food companies will be even more intimidating.