Chapter 77 Asset-light operations

In less than 40 minutes, Zheng Bing came to the teahouse, the temperature of less than 20 degrees in April made Zheng Bing's face dripping with sweat, as soon as he arrived at the door of the teahouse, Cao Xia recognized him from the transparent floor-to-ceiling glass, walked out and waved to Zheng Bing who had just entered the door.

Zheng Bing took two steps and walked to Fang Yi's table, Cao Xia introduced him to Tuan Cheng and Fang Yi, and then sat down against Fang Yi, Zheng Bing sat next to Zhu Cheng.

Zhu Cheng said, "Mr. Zheng, I called you just now, and your request has already been told to us by Store Manager Cao, today I just want to know about Mr. Zheng's situation, and then talk about the demands between us."

Next, Zheng Bing talked about his own situation, and then said, "I hope to become a partner of Century Barbecue, whether it is in the franchise of stores or the supply of raw materials, I can provide more high-quality and cost-effective raw materials for Century Barbecue."

In fact, being able to access a collaborator with resources in the inland city of SC is very beneficial to Fang Yi and Century Barbecue. In particular, the procurement platform that will be launched in the future is in great need of such high-quality suppliers.

"Mr. Zheng, we understand your situation, but I still want to tell you about our franchise strategy for Century Barbecue, we don't just have a store in CD, we also opened 4 stores in Yibin, two of which are direct, two are franchises, but our so-called direct sales and franchise stores are different from other people's definitions, how to say it, if our franchise stores use the word joint-stock store may be clearer, franchise stores are responsible for joining capital, and are fully managed by our Century Barbecue Restaurant Management Company. Operation, franchisees account for 60% of the shares of the store, the management company accounts for 40% of the shares, all raw materials are supplied by the management company, and all service personnel are trained and dispatched by the management company, but in the daily management of the store, you can assign trusted people to do cashier-related work" Fang Yi introduced his joining requirements to Zheng Bing in detail.

Zheng Bing pondered for two minutes and said, "Mr. Fang, I completely accept your opinion, I will apply to you to join Century Barbecue now"

Fang Yi didn't expect Zheng Bing to be such a cheerful person, he only thought about it for less than two minutes before making a decision, and said, "Mr. Zheng, you have to think about it, if you invest in a flagship store, it will cost about 600,000, and if a standard store needs about 450,000."

Zheng Bing said: "I don't know what kind of layout Mr. Fang has for Century Barbecue on CD?"

Fang Yi thought for a while and said, "CD now has 5 districts, we are not divided by districts, we only divide them by east, west, north and south, I plan to open a flagship store in each of the four directions of CD, plus a standard store, and then open a flagship store in each suburban county of CD, such as: Shuangliu, Huayang, Z County, etc."

"How much of the share is reserved for our franchisees?" Zheng Bing asked with concern

Fang Yi said without hesitation, "The first strike is the strongest, in my planning, whoever applies first and finds a suitable store will have the right to develop this area."

Hearing Fang Yi's words, not only Zheng Bing, but also Cao Xia and Zhu CD raised their heads in shock, looking at him with their eyes open and disbelieving.

Zheng Bing stammered a little and said, "Mr. Fang, I don't know if I heard it wrong, let's strike first?"

Fang Yi said with certainty again, "Yes"

Zheng Bing patted his head and said, "Is that what I can do, theoretically, I can take all the remaining 7 stores of the CD, including the suburbs?"

Fang Yi nodded and said, "In theory, this is the case, but in practice it is unlikely."

Zheng Bing said, "Mr. Fang, I really can't catch up with your business ideas, and I have to take care of you in the future."

Fang Yi said, "Of course, we not only have to cooperate in the barbecue, but in the last two years, we can also enter more in-depth cooperation in your industry and aquatic product wholesale, and I will have to rely on you at that time."

Zheng Bing didn't know what Fang Yi wanted to do, but he was embarrassed to ask and said, "It's easy to say, it's easy to say"

After sending Zheng Bing away, Zhu Cheng returned to the private room, and as soon as he sat down, he asked, "Brother Yi, is what you just said true?" In fact, this is also the question that Cao Xia wants to ask.

Fang Yi nodded and said, "Of course, I know you have some doubts in your hearts, Xiao Cheng go and help me order another cup of Pu'er tea, this tea is tasteless, this person has been a little lacking recently, let's have another cup of refreshment" When Zhu Cheng walked out, Cao Xia said in his ear, "Let you toss blindly every night"

Fang Yi said ambiguously, "Otherwise, how can you have your blown-up skin, it's not good for me to moisturize"

Cao Xia glanced at him and said, "Everything is your reason."

Zhu Cheng pushed open the door and came in with a cup of tea, "Brother Yi, I ordered you a cup of Pu'er, you have to take good care of your body" said Cao Xia, who was still looking at the side.

Fang Yi said, "I'm only 19 years old, what kind of maintenance do you say" and suddenly felt a pain in his thigh.

Fang Yi also ignored Cao Xia, touched her thigh twice and said, "Let's continue the topic just now, the reason why I have what I just said is after my careful consideration, do you know what asset-light operation is?"

Cao Xia and Zhu Cheng glanced at each other and shook their heads

"Light assets correspond to raw assets, like our current barbecue 001 shop is our own investment in rent, decoration, purchase of tables and chairs, raw materials, is the operation of raw assets, if our store counts the decoration fee owed to Chen Yi, plus working capital, no less than 550,000, according to this investment, how many can we afford to open?" Fang Yi asked.

Cao Xia calculated carefully, "If you open a new store according to the profits created by the old store, you can open up to three stores a year, and there are more stores in the back, the snowball is bigger, and the store opening speed will be faster."

Fang Yi nodded affirmatively, "So for the overall operation of Century Barbecue, I am ready to adopt the strategy of asset-light operation, let the franchisee be responsible for asset investment, we have our own brand and operation team, accounting for no less than 40% of the shares, one can ensure the stability of the brand, on the other hand, it can greatly reduce our operational risk, but light assets do not mean no assets, in some key cities, emerging market cities still need us to invest assets to expand the market"

Zhu Chengdao didn't think about it so much, he filled Fang Yi with tea and said, "Brother Yi, you don't have to explain so much to me, as long as you point to, I will fight wherever you are."

Fang Yi smiled and said, "How is Wang Yu's matter?"

Zhu Cheng smiled stupidly and said, "I've been on the phone with her, I originally asked her to climb Qingcheng Mountain together, but she was refused, she said she has been busy recently"

Fang Yi said, "She has been really busy lately, Wang Yu is a good girl, you have to hold on tightly, I guess there are a lot of people staring at her."

Zhu Cheng said, "Brother Yi, you have to teach me in this regard, and you ask Ma Rui's sister-in-law to help me too."

"This is natural, our brothers, if there is a benefit, we must not be close to ourselves first" Fang Yi said with a smile, but that smile was a little obscene.

Then he said, "You still live in my dorm room?"

"yes, honestly, I kind of like that feeling"

"But that's not a long-term thing, two days ago Chen Yi told me that he rented an office in Guancheng on the other side of Yulong Street, I think it's very good there, and I want to find an office there, so the distance from school to work there is a bit too far, not very convenient, I think you can rent a room around Guancheng, or buy a suite directly, and you can also take your parents to CD to play when the time comes" Fang Yi said.

"If you buy a house, it will cost you a lot of money?" Zhu Cheng said unexpectedly

"The current housing price is relatively cheap, and it should be about 2,000 square meters in Guancheng, and if you use a mortgage, the down payment will not pay much," Fang Yi said

"My sister-in-law said that you also let them look for a house, otherwise, when you choose well, I will buy a set next to you, and it will be convenient for us to come and go in the future" Zhu Cheng looked at Cao Xia and said.

"You kid, you have to be lazy even about this, Xiaoxia, have you and Rui Rui been to see the house?" Fang Yi asked Cao Xia.

"Where do I have time now, in the past few days, Rui Rui has gone to see a few real estate projects, and we have come back with some information, and we are still very satisfied with two of them," Cao Xia said.

"Okay, let's go and have a look together another day, if it's suitable, let's settle down, okay, let's talk about it here today, I still have something to talk to Chen Yi about" Fang Yi stood up and prepared to walk out.

Cao Xia also stood up to help him tidy up his clothes, and said gently, "Don't drink when you and Chen Yi are together, just your amount of alcohol, don't get drunk when Chen Yi provokes, no one will care about you then."

Fang Yi's heart was warm, and he nodded on Cao Xia's lips and walked towards the crown city.