Chapter 179: Pit Daddy's Liquidity
Xu Fang glanced at Wanxi meaningfully, this woman really has a lot of eyes. But he didn't care, nodded and said, "I'll go to Jiangling City recently, and when the matter is confirmed, the transportation problem will trouble you." β
"Yes, I'll wait for you in Baihe City. Wan Xi nodded briskly.
β¦β¦
The next day, after lunch, Xu Fang sent Wanxi and Zhou Jie away, and sat in the living room in a daze. The construction of the earthworm farm, added up in bits and pieces, requires at least 60 million.
His income in Yuehai Village, fishing boats, hotels, and seafood is only 6.5 million yuan in a month. What's more, I built two buildings by myself, which requires tens of millions of dollars, if it weren't for the long construction period of the building, I don't need to make a one-time payment, I'm afraid there is no money to buy earthworms for the villagers this time.
Although Xiulan Group has 60% of Xu Fang's shares, Xiulan Group is in a period of rapid development, and with this money, Lin Xiangxue must want to open up new hotels. With Lin Xiangxue's crazy dedication, Xu Fang didn't want to touch her brows.
Thinking of this, Xu Fangcai was excited. Hurriedly opened the mobile banking to check the balance, and almost cried.
One thousand six left!
In my impression, the 20 million I borrowed from Feng Ye seems to have not been repaid.
Knowing his own situation, Xu Fang wants to cry without tears, he is really a veritable multi-millionaire!
Where should I get the money for running an earthworm farm?
Zheng Xiulan looked at Xu Fang's distraction, and couldn't help but say happily: "Boss Xu, what are you stunned about?"
Xu Fang reflexively replied: "Poor." β
Zheng Xiulan rolled her eyes: "We know the roots, you cry poor with me?"
Xu Fang also came back to his senses, and he smiled and didn't explain.
"Jingle bell-" A mobile phone ringtone came, and I looked at the number, it was Cai Qin's.
"Sister Cai, what's the matter?" asked Xu Fang with a smile.
Sister Cai's voice was a little worried: "Xu Fang, I have been walking around the city in the past two days, and there are some places that are more suitable for opening a hotel, and I want to consult your opinion." β
"Tell me about it. β
"After looking at the six districts in Baihe City, there are about 14 venues, and the prices are relatively high, so I can't make up my mind whether to buy or rent. Sister Cai said truthfully.
Xu Fang turned on the computer on the coffee table, clicked on the map, and said with a smile: "It's more appropriate to buy, you say, where are they?
"In the pedestrian street of Jiafang District, there is a one- and two-story shop pΓΉ, with an area of about 320 square meters, and the price is about 4.2 million yuan; in the central business district of Jiawang District, there is a 200-square-meter shop on the third floor of the Wuye Building, and the price is 2.48 million yuan; there is a 220-square-meter shop on the third floor of the Lincheng Building, with a price of 2.48 million. Fengyuan Old Street, Xitan District, the most famous old neighborhood building on the second floor, there is a 240-square-meter shop, the price is 3 million ......"
As Sister Cai said the location, Xu Fang searched for it on the map.
Judging from the map, these places are really good places. However, hearing the price she quoted, Xu Fangxin also jumped.
Cai Qin didn't know that Xu Fang was worried about money just now, so he suddenly thought of something, and added: "By the way, I didn't calculate the decoration cost, if this is the case, the price will be about 10 million higher." β
Xu Fang took a deep breath to calm down his mood and said gently: "I will discuss it with Mr. Lin and Mr. Meng, and I will reply to you today." β
"Okay, thank you, Mr. Xu. Cai Qin hurriedly said.
Find Meng Xiaoyan's phone, and Xu Fang called accordingly.
After two rings, the phone was connected, and Meng Xiaoyan's surprised voice came: "Xu Fang, why did you remember to call me?"
"I'll go to the city later, you, I, call Mr. Lin and Aunt Xin again, let's meet the four of us, and I'll go to Xiulan's headquarters in forty minutes." Xu Fang commanded.
"Okay, I'll go right over. Meng Xiaoyan agreed.
After hanging up the phone, Xu Fang contacted Lin Xiangxue again, made an appointment, and Xu Fang went out to the beach.
When I arrived at the hotel in Qixing District, the three girls had already arrived. Find a small conference room where four people sit together.
Seeing the third girl looking at her curiously, Xu Fang took the lead in opening the chatterbox: "Xiaoyan, how much liquidity does our hot pot restaurant have now?"
Meng Xiaoyan pondered for a moment and said truthfully: "We now have thirteen branches, each with an average daily revenue of 140,000 yuan, and 55 million per month. We didn't open thirteen stores at once, with an average of three months of opening, with a total revenue of 190 million. Among them, the cost of buying stores is 35 million, the cost of ingredients and property is 60 million, the labor cost is 25 million, and the advertising cost is at a high point in the early stage, which is 30 million. Remove the cost, the total profit is 40 million. β
Lin Xiangxue nodded and confirmed: "The number is true." β
Xu Fang calculated and asked with a smile: "You only have 30% of the shares, and you only have more than 10 million in your hands, are you wronged?"
"What's wronged? Compared with my previous business situation, this is already very successful, besides, aren't we still developing?" Meng Xiaoyan looked very open: "I believe in the strength of our group." β
"Well, let me tell you something, we opened a hot pot restaurant before and borrowed 20 million from others, and this needs to be repaid. Xu Fang reminded.
"Remember, the money will be transferred to you at any time. β
"Then there is good news, our hot pot restaurant is also going to enter Baihe City!"
Meng Xiaoyan was happy in her eyes, she was a dignified Miss of the Meng family, although she managed Xiulan hot pot well, but the plate was too small, and she was already a little aggrieved in her heart, but now she can develop, she slapped the table and said excitedly: "Really, great!
Xu Fang pressed his hand and said: "Don't get excited, you need funds to enter Baihe City, Sister Cai has selected fourteen stores, I have roughly calculated, the investment in the store alone will be 42 million, plus decoration, 50 million is about the same." There are also ingredients, labor, and advertising costs, all of which need to be invested. When I met you today, I wanted to discuss it together. Do we buy all fourteen properties, or only some of them? β
The three girls are all ice and snow smart, Xu Fang said this, and they immediately understood.
If you only buy a part of the store, then it's fine, but if you want to buy all the stores, in terms of the liquidity of Xiulan hot pot, it is definitely not enough, which requires the support of Xiulan Hotel.
"Look at the places. Lin Xiangxue asked calmly.
Xu Fang turned on the projector and searched the location of the store one by one to show the three girls: "This is the pedestrian street in Jiafang District, covering an area of 320 square meters. β
"This place is nice. The three women nodded in unison.
Xu Fang searched for the location of the next store: "This is the central business district of Jiawang District, there is a store on the third floor of the five-page building, with an area of 200 square meters. β
"That's fine. The three girls' eyes lit up.
"This is the third floor of the Lincheng Building, covering an area of 220 square meters. β
"The location was good. "I don't have an opinion on the three girls in this place.
Xu Fang continued: "Fengyuan Old Street, Xitan District, the most famous old neighborhood building, has a 240-square-meter shop on the second floor. β
"Not bad!"
"Good!"
"Look at it!" the three women agreed again.
β¦β¦
After reading all fourteen stores, without exception, all of them were recognized by the three girls.
"Xiaoyan, what is your opinion?" asked Xu Fang.
"The location is very good, the transportation is convenient, and it is a place with a high concentration of middle income earners. I built YΓ Group to allocate funds to buy all these properties. If you miss out on these properties, you may not be able to buy anything better. Meng Xiaoyan said firmly.
Xu Fang was also very supportive of this result, and looked at Lin Xiangxue again: "What is Mr. Lin's opinion?"
Lin Xiangxue smiled gracefully and praised: "Sister Cai is really talented, and these venues selected cannot be picky, and I also support the purchase." The capital group will allocate 30 million first, and we will invest again if needed. β
After finalizing the matter of the hot pot restaurant, Lin Xiangxue happily transferred 30 million to Meng Xiaoyan, Meng Xiaoyan accepted the money and hurriedly contacted Cai Qin.
In the conference room, only Lin Xiangxue was left.
Xu Fang glanced at Lin Xiangxue, who had a graceful temperament, and was slightly distracted: "Xiangxue, you are so beautiful." β
Lin Xiangxue's face turned slightly red, white as Xu Fang, and said, "Why is your mouth suddenly so sweet?
Xu Fang was also a little embarrassed, rubbed his hands and said, "How much money does Xiulan Hotel still have?"
"Not a single point. β
"What?" Xu Fang's eyes widened.
Lin Xiangxue looked at Xu Fang with a smile: "Our hotel has been open for half a year, and the revenue is about 360 million. The headquarters building is 30 million, the branch building is 50 million, and the Baihe City building is 50 million, which is 130 million. Advertising costs, labor costs, ingredient costs, support for hot pot restaurants, and other miscellaneous payments, sometimes you can fulcrum, bits and pieces add up, and our hotel's working capital is almost zero. β
Xu Fang couldn't help but roll his eyes when he heard this, and worked vigorously for more than half a year, and finally the liquidity was zero?
Immediately, Xu Fang was relieved and said with a smile: "I was almost stunned by you, our group is now so large, with three buildings and more than 20 hot pot stores, it is a good start to pay off all the debts in half a year." From today onwards, our daily profits really belong to us. β
Lin Xiangxue was unmoved, glanced at Xu Fang and said, "Aren't you tired of talking so much? β
Lin Xiangxue saw through her thoughts, and Xu Fang was a little embarrassed: "About sixty million." β
"Okay, go directly to the bank tomorrow for a loan, with our current profit, we can repay it in a month, what do you want this money for?" Lin Xiangxue was a little curious.
"Opening an earthworm farm makes it easier for me to raise pheasants, and the quality of pheasants can be improved by a few grades. And the soil quality of our Yuehai Village is not good, I plan to use earthworm manure to improve ......" Xu Fang said his own ideas.
Lin Xiangxue has a high IQ and quickly understands the value of farmed earthworms, which generally have the following benefits.
One: earthworm feed is ready-made, and the cost is not large.
Two: you can raise pheasants and reduce the cost of feeding.
Three: improve the soil quality of Yuehai Village.
Glancing at Xu Fang appreciatively, Lin Xiangxue praised: "Your brain is really amazing, I take it." β
"Well, I support your point of view. Xu Fang nodded his head.
Lin Xiangxue and Aunt Xin rolled their eyes, why did this calf get thicker and thicker.