Chapter 502 Adjustments and Layouts

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According to my data here, as of today, there are 1,436 branches in the country! Although the income level of each store is different in different regions, the revenue of each store is also different, but on average. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 infoThe average annual revenue of a large store of more than 1,000 square meters is about 45 million! The average annual revenue of a small store of about 500 square meters is about 15 million! Today, Baiweiju has 489 large stores and 947 small stores. The combined annual revenue of the two parties is 36.4 billion Huaxia dollars, deducting the expenses of taxes, operations, material procurement, etc., and the profit is not less than 30%!"

"In addition, now the Taoyuan Western restaurant chain has 95 branches! Although the positioning is high-end, there will not be many branches. However, the annual revenue of one branch is more than five times that of an ordinary large store in Baiweiju, and the annual revenue of 95 branches is close to 20 billion Chinese dollars! Moreover, the profit is more lucrative than that of Baiweiju. ”

"These two pieces alone add up to 20 billion funds for you to call! This is not counting the revenue of Times Logistics, Taoyuan Farm, and property!"

"Boss, 20 billion is a lot! But Taoyuan Farm needs to expand, and Barilla also needs to open a new branch. Coupled with branches such as Times Pictures, as well as property investment that needs capital the most, it is simply not enough!" Wang Kai said with a wry smile.

"It's been a year, can't they break even on their own?"

Taoyuan Farm now has nine farms at home and abroad, not to mention the rent. The construction funds for the seven Taoyuan communities in China alone need 60 million yuan per month! 780 million yuan a year. Moreover, Wang Yuan also plans to acquire at least 3 million acres of coffee and vegetable plantations and 2 million acres of tropical fruit plantations in Southeast Asia!

"Wang Yuan, is this true?" Wang Zheng asked instead.

"It's true!"

"What are you buying so much land for at once? Isn't it possible that with the output of the current nine farms, we can't meet the demand for raw materials for our restaurants and wineries?"

"The supply is still sufficient! But didn't you say that the second step of the expansion of the Times Group is Southeast Asia? I want to lay the foundation in advance. In addition, with the continuous expansion of Times Square and Golden Eagle Supermarket, the demand for high-quality vegetables, fruits and meat will also increase exponentially. It is better to reserve land in advance for production than in the future, and when the problem is in front of you, it is better to hold on to it temporarily. Also, boss, I think we should invest more in agriculture and animal husbandry. ”

"Why?" said Wang Zheng in surprise.

"Food, clothing, housing and transportation, no matter under any circumstances, people's survival in society is inseparable from these four aspects. In the event of a severe economic crisis, clothes can be worn, houses can be lived, travel can be walked, but only food can not be skipped. Therefore, no matter how serious the crisis is, as long as we have the foundation of agriculture and animal husbandry, there will always be an industry that is guaranteed to make money. With a continuous inflow of funds, we can ensure that we have a flow of funds to survive the crisis. ”

Wang Zheng nodded thoughtfully, "In the same way, I also heard Ma Yun say it! Okay, I agree! In the future, on the Taoyuan Farm, as long as you feel necessary, you can do it boldly." ”

"Yes!"

"Boss, what about our money?"

Looking at Wang Kai, who was stunned, Wang Zheng smiled and said: "Don't worry, the money will not be less for you! However, you don't have to think about turning your fortune from Wang Lei, I will invest in you privately for the funds needed for the development of Times Group next year!"

"How much?" Wang Kai said quickly.

"So anxious to ask?"

"Of course I'm in a hurry, otherwise I won't be able to do a 16-year development plan. ”

Wang Zheng nodded, and after thinking about it, "If nothing goes wrong, it should be 2.4 billion pounds! Of course, maybe more!"

"Great!"

Looking at Wang Kai, who was overjoyed, "Don't just say yes, by the end of next year, I hope to see the number of Times Square and Golden Eagle Shopping Center double on the current basis!"

"Boss, don't worry!

After nodding, Wang Zheng glanced around at everyone, "Considering that Defeng Group, Wharf and East West Bank will merge in the future." So I'm going to make another division of the flagship companies. ”

Wang Kai and they had expected this situation for a long time. So he didn't put forward any opinions, and quietly waited for Wang Zheng's next words.

"First of all, Wharf and Defond Group merged, and the new company Mingcheng was named 'Wharf Holdings', which consists of five subsidiaries: Greentown Real Estate, Wharf Real Estate, Modern Terminals, Tianxing Ferry and Wharf Construction. ”

"Greentown Real Estate, mainly focusing on real estate development, merges the current real estate projects of Wharf and Defeng, as well as the real estate projects after the acquisition of Greentown China. In addition, if Sino-Ocean Land has no hope of acquiring us, we will sell 7% of our shares and exchange them for funds!"

"Wharf Real Estate is mainly engaged in the development of commercial real estate. In addition to the commercial real estate currently owned by Wharf and Defond Group, the commercial real estate of Times Group has also been fully injected. ”

stopped Wang Kai, who was about to speak, "In the future, Wharf Holdings will be an enterprise group focusing on the development of heavy assets such as real estate, wharves, and construction. Times Group, in addition to Taoyuan Farm, is mainly engaged in retail, hotels, catering, leisure and entertainment and other asset-light assets. As a result, the retail projects of Wharf and Defond Group, including Lane Crawford and Beauty Department Store, as well as two luxury distribution companies, were all merged into Times Department Store, and i-CABLE Communications Group was merged into Times Pictures. Marco Polo Hotels was merged into the Times Hotel Group. ”

"Wharf Construction, on the other hand, separated the construction departments of Wharf and Defeng and operated separately as a subsidiary. The remaining 50% of the shares of Hong Kong Tramways will be included in the Star Ferry. The shares of Hong Kong Air Cargo Container are included in Times Logistics!"

"Times property management was cancelled, and the properties in Taoyuan Community were merged into Greentown Real Estate. Commercial real estate merged into Wharf Real Estate!"

In addition, Wharf Real Estate is still listed as Wharf's shell resources. The unused shell resources of seaport enterprises and Defeng Development were all sold. ”

"Wang Kai, in the future, you will be the president of Wharf Holdings!"

"What about the president of Times Holdings?"

"Wang Yuan takes over!"

Wang Kai nodded knowingly.

"After you take over, make a 16-year business plan for me as soon as possible!"

"Yes!"

“… After the adjustment of Times Holdings, the seven subsidiaries of Times Department Store, Golden Eagle Supermarket, Times Hotel Group, Meijia Restaurant Chain Group, Taoyuan Farm, Times Logistics and Times Pictures remained unchanged, and Times Property Management was merged into Wharf Holdings, and the new online B2C website 'Times Mall' was established to integrate all the other B2C websites we had acquired. ”

"Wang Yuan, you will be the president of Times Holdings in the future. ”

"Yes, boss!"

"I have already said the requirements for Times Department Store and Golden Eagle Supermarket. On the basis of the current number, it will be doubled by the end of 16 years!"

After he nodded, Wang Zheng turned to Wang Kai and asked, "In the past six months, when buying properties, how many cases have developers packaged and sold office buildings and commercial centers to us?"

"47 times, nearly half!"

"All of the 47 office buildings have been converted into hotels. In second-tier cities, if the location is good, rebuild the five-star 'Marco Polo Hotel', and in the third-tier cities, or the first- and second-tier cities, the location is poor, and rebuild the four-star 'Jinhua Hotel'! In addition, if nothing else, Michael Kadoorie will sell me the Peninsula Hotel, and then I will build a 'six-star Peninsula' with the Peninsula Hotel! Only one Peninsula hotel will be opened in the top city. And, the style should vary. ”

Noticing Wang Zheng's gaze, Wang Yuan nodded hurriedly.

After the expansion of Barilla to 2,000 branches, it is not necessary to continue to open new branches in China, and to expand with the growth of Times Square and Golden Eagle Shopping Center. After all, we are making Chinese food, not Chinese fast food! There are 95 branches of Taoyuan Western Food, and there is no need to continue to expand, and next year we will focus on foreign countries. Also, go to Parkson and ask, and spend some money to buy the 'Little Sheep' hot pot from them. I believe they won't be too entangled in this money-losing goods. In the future, 'Little Sheep' will be our hot pot brand. ”

"In addition, in 16 years, we will expand the current 'Fat Cow Western Food', 'Yulong Cafe', 'Grandma's Bridge Noodle Restaurant', 'Hanba Taste Buffet', 'Black Pearl Seafood Shop', plus 'Little Sheep' hot pot from about 120 to at least 800!

Hearing this, Wang Yuan breathed a sigh of relief. If you don't buy a property, a simple asset-light store will be opened, and the cost of 5,600 stores of seven brands will be about the same as the cost of Barilla.

"Food and beverage is our foundation and the biggest source of cash for our expansion of Times Square and Golden Eagle Mall. So, be sure to put its development first!"

"Yes, boss!"

Wang Yuan nodded solemnly.

"Also, don't go one by one, that's too slow. All F&B chains have expanded to the acquisition of existing restaurants in the same industry. Moreover, all of our stores are directly operated, and we do not want or accept any franchise stores. No matter how much money you make, you must control the quality. ”

"Understood!"

"In terms of logistics, I will give you a year next year, combined with our existing material reserve warehouse, in all prefecture-level cities except for Xi/Tibet to establish material reserve warehouses! First, the quality of all products sold is guaranteed. Second, it will be delivered within six hours after the order is placed!"