Year: I had a good time when I was young

Chapter 807 805 Killing Two Birds with One Stone and the Future Shipping King Who Approached Us

To be honest, there are many people these days who can eat four or five kilograms of beef in one meal.

When Chu Xiangqian was still working in Beijing, he invited Zhang Haiyang, Li Yuanchao and other young people who were fifteen, sixteen, eighteen or nineteen years old.

After eating two or three pounds of mutton and fish, and a few steamed buns made of whole grains, and finally licking clean the fish soup and mutton soup, Zhang Haiyang and others were still only eight-tenths full.

There are many people who can drink more than ten bottles of beer, no matter what era.

But eating that much beef and pouring a dozen bottles of beer into your stomach is definitely bragging.

A normal person basically cannot eat two kilograms of beef plus a few bottles of beer or red wine.

Office workers in Central have higher-than-average salaries and much better meals on weekdays, which means their appetites are much smaller.

It can be seen that a buffet meal at 19 yuan will not be a loss at all.

And even though the cakes seem to be quite expensive, the restaurant makes them themselves so the cost is very low.

Nowadays, desserts are just as attractive to ordinary people as steak.

Even if the desserts are well made and the restaurant's style is so good, it will be very attractive to female office workers and those who worship foreign things and fawn on foreigners.

Therefore, even if there are big eaters, it is difficult for the restaurant to lose money.

If most of the customers have finished their meal, the restaurant will definitely have no problem making a 50/50 profit.

But even if three hundred people come to eat every day, I can only make three thousand.

After deducting labor and venue costs, even if I can earn 73, it will only be per year.

For ordinary people, this business is profitable enough.

But for Chu Xiangqian, not to mention himself, even Lei Luo and Baifanyu no longer care about this little profit.

It will take two or three years just to earn back the cost of decorating this restaurant.

Fortunately for Bai Yuechang, a business worth hundreds of thousands of dollars a year not only makes her money, but if she tells others about it, her besties and wives will definitely be envious.

Bai Yuechang came up with the idea of ​​opening a restaurant because she accidentally learned that the Tianzhu Restaurant opened by the sisters Alyssa and Linda was doing very good business.

In addition, the milk tea and pancake shop was also doing good business, so I decided to give it a try.

Unfortunately, when Lei Luo and Bai Fanyu heard this, they suggested opening a Western restaurant.

Then the two of them felt that with their current identity and status, they should open the best one.

The decoration alone cost 120 million yuan, and the purchase of the best tables, chairs, kitchen utensils and tableware cost more than 40 yuan.

The customer groups and consumption levels have not been examined at all.

Lei Luo and others thought about it carefully, damn, it seemed to be true.

Of course, 19 yuan is not cheap for office workers, but the average salary in Central is about to yuan.

There is absolutely no problem with the spending power to eat here once a month.

Moreover, the buffet has a wide variety of dishes, and you can choose and eat as much as you want, which is definitely a new thing in Hong Kong Island today.

The probability of attracting repeat customers will not be low.

Even for ordinary dual-income families, it is normal to eat it once or twice a year.

To put it bluntly, you have to make people want to come into the restaurant.

The previous consumption level in the restaurant was at least fifty or sixty yuan per person.

The portions in French restaurants are small. There are definitely people who pursue good food, but their number is relatively small.

Otherwise, the restaurant wouldn't have seven or eight tables at most and only three or five tables at least.

With an occupancy rate of only 10% or 20%, it does seem deserted.

Now that the price has been reduced to 19 per person, the customer base will increase by at least ten times.

Chu Xiangqian naturally looked down upon the meager profits from running a restaurant, but he also wished that there would be a few more steak buffet restaurants in Hong Kong Island.

Otherwise, he would not have talked about the buffet in front of Le Yan, Ling Feng, the owner, Chen Xijiu, Daguan and others.

After hearing this, Ling Feng felt that if he opened a mid- to low-end buffet restaurant, he would make a lot of money every year.

By then, Chu Xiangqian will definitely speed up the expansion of his 40-acre breeding farm next to Tsuen King Highway.

The shareholders of the farm include Lan Gang, Fei Bo, Sanjiangshui, Baifanyu, Luotuo and Deng Fei.

6人占据40%股份，楚向前则用5千头羊、2千头牛占据60%的股份。

The 40 acres of land and the construction cost of 300 million Hong Kong dollars were all paid by Lan Gang and his team.

By the way, Chu Xiangqian also sold fodder to farms at HK$1 per ton.

The fodder consumed by these 5 sheep and 2 cows alone costs nearly HK$200 million each year.

The profit from raising cattle and sheep is naturally higher.

Of course, most of the 5 sheep and 2 cattle were transported to the Celestial Empire last year, in August and September 62, as material support for the war against India.

But at the end of last year, after the Celestial Empire gave Tianzhu a severe lesson, Chu Xiangqian would release a lot of cattle and sheep in Tung Lung Province every time he returned to Hong Kong Island.

After a year, the breeding scale of the farm not only recovered to its previous number, but the number of calves and lambs born also increased.

Baifanyu also thought that the more beef and mutton was consumed, the more beneficial it would be for the farm's business.

Moreover, he had long blindly trusted Chu Xiangqian's business abilities.

Without waiting for Lei Luo to speak, he said to his biological daughter Bai Yuechang, "Just do as Chu Sheng said."

Bai Yuechang looked at Lei Luo, seeking his advice, and Lei Luo himself thought it was worth a try, and he simply couldn't be tough in front of Bai Fanyu.

When he was not even a detective, it was only with the support of 50 yuan from his father-in-law and his own 10 yuan that he was able to take the position of detective.

When he was competing with Yan Tong for the position of Chief Chinese Inspector, Bai Fanyu even took out all his family assets. Lei Luo spent 400 million just to bribe Ge Bai.

The money used from Ge Bai's wife was at least over one million yuan, plus other expenses, the total was nearly seven million yuan.

Without the full support of his father-in-law Bai Fanyu, Lei Luo, who was just a detective at the time, would not have been able to have so much money.

That's why Lei Luo works so hard to make money.
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The next morning, Chu Xiangqian, who had slept at Linda and Eliza's place in Tsim Sha Tsui the night before, got into Zhang Tianzhi and Zhou Billy's car at 9 o'clock. It only took five or six minutes to reach the junction of Nathan Road and Jordan Road.

The car was parked not far from the intersection, and you could see the 7-story industrial building without getting out of the car.

From a geographical point of view, this is considered the main road in Kowloon. The land price alone has huge potential for appreciation in the future.

It is also very close to Kowloon Horse Racing, only three traffic lights away.

With such a good location, if the owner didn’t need him, Chu Xiangqian would have no hope of buying the building.

They can earn more than 300,000 yuan a year just from rent, and as for the houses on both sides of Nathan Road, as long as there are people who want to sell them, you can buy them with your eyes closed and make hundreds or thousands of times the profit just from the appreciation of the real estate in a few decades.

Not to mention the rent that has been rising year by year over the past few decades, which is also not a small amount.

At 9:40, Ye Xiaoli and Boss Zhao from last night arrived here twenty minutes early. Chu Xiangqian and others got out of the car and walked around the building.

The area is not small, and because it is an industrial building, the first, second and third floors are 1 meter higher than normal buildings.

On the contrary, it is very suitable for use as a shopping mall.

So after a round of negotiations, Chu Xiangqian quickly decided to buy it. As for the price, Chu Xiangqian knew that Boss Zhao was not short of money, so he did not lower the price again and again, and only offered 750 million, and then stopped bargaining.

Including the 8-story building in North Point, the two buildings cost Chu Xiangqian a total of 1600 million Hong Kong dollars.

Although Zhao Cong plays Boss Zhao, he is considered a wealthy man in Hong Kong Island.

It’s not a problem to have a net worth of over 100 million.

In addition to being engaged in land freight business, he started to engage in real estate 45 years later.

However, at that time, real estate in Hong Kong Island was at least sold one floor at a time.

Many of them are still sold one building at a time, so although they make money, there are still very few people who can afford to buy an entire building.

Therefore, some of the buildings that have been built are rented out before they are sold.

Eventually, he became his own property and kept collecting rent from it.

Then in the late 1950s, road freight encountered a development bottleneck, and Boss Zhao thought about entering the shipping industry.

It’s all freight anyway, so there’s no shortage of experience.

It only took five or six years for the Zhao family's shipping company to grow from a small cargo ship with a tonnage of only 25 tons and a 4200-year-old ship to a large ship with a tonnage of more than 10 tons.

Compared with the original charter king, Boss Zhao's starting point in the shipping industry was much higher.

At least at that time, the Zhao family was already one of the richest families in Hong Kong Island.

However, ever since Chu Xiangqian, a newcomer from outside China, joined the industry, he has been selling 60 Victory ships of 1.4 and 1.5 tons.

This momentum puts tremendous pressure on all shipping bosses in Hong Kong.

As a result, Chu Xiangqian directly snatched away a large number of coal orders from Sakura Country.

As a result, in just two or three months, the Zhao family's shipping profits from cherry blossoms decreased by 3%.

If Zhao Congyen no longer wanted to find a way out, he would feel that it would be a problem whether his shipping company could continue to survive.

If Chu Xiangqian had agreed with J.P. Morgan Jr. and McDonald of the Royal Bank every year, the agreement of 40 racehorses in exchange for 60 winning wheels would have been implemented smoothly.

It is foreseeable that in the future, all large and small shipping companies in Hong Kong will most likely have to change their business or go bankrupt.

So when Chen Xijiu called him yesterday, Zhao Congyan confirmed again and again that the person who wanted to buy his industrial building was Chu Xiangqian, and only then did he agree to meet without hesitation.

Although selling a building is equivalent to selling an asset, having the cash in hand will give us more confidence in maintaining and developing the shipping company.

Moreover, with cash in hand, you can also buy properties with greater potential in Wan Chai or Central.

To put it bluntly, Zhao Congyan doesn't think it's a hassle to look for a suitable building. As a businessman who has been working for 20 to 30 years, he would not miss out on a few cents of profit when he first started his business.

They are the ones who have truly worked hard and accumulated wealth bit by bit.

Chu Xiangqian relied on the Novice Village and started out with a business worth several thousand or tens of thousands.

When I first came to Hong Kong Island, the first tiger skin I sold was sold for 1.

So for Zhao Congyan, selling the industrial building to Chu Xiangqian would weaken his cash flow.

Secondly, with cash in hand, we will be more confident whether we cooperate or continue to compete.

Moreover, land and housing prices have continued to rise in the past two years, but the appreciation of industrial buildings has been the smallest.

This also made Zhao Congyen realize that the industrial building could no longer keep up with the development of the times and was a project that would inevitably be eliminated.

Moreover, old buildings have reached a certain age. If you want to continue to rent them at a good price, it is best to demolish them and rebuild them higher.

But reconstruction requires a lot of money, so it would be better to just spend the money to buy a new building built in the last two or three years.

By the way, he made friends with Chu Xiangqian. Whether he got some building projects from him, or even just earthwork, wall painting, transportation and other projects, he could earn one or two million a year.

However, the project that Zhao Congyen most hopes to cooperate on is actually shipping.

All companies large and small engaged in the shipping industry in Hong Kong Island can see that international shipping companies are bound to rise.

In terms of financial resources alone, no one can compare with Chu Xiangqian.

So Boss Zhao really wanted to cooperate with Chu Xiangqian, and even join him if he couldn't beat him.

Since this company has only been in business for two or three months, it would be better to merge it earlier and get more shares.

Chu Xiangqian really didn't recognize this future shipping tycoon yesterday. Compared with the charter ship tycoon, this one seemed much more low-key.

It was not until after dinner last night that Baifanyu specifically reminded him that Mr. Zhao was also in the shipping business.

After suggesting that he should be careful, Chu Xiangqian asked Linda to check through his connections in the police force while he was staying at Linda and Eliza's place.

It's easy to find out this person's information.

There is no doubt that Mr. Zhao has the ability to become one of the future shipping kings.

But as for how to cooperate, we need to sit down and discuss it in detail several times.

The best outcome would be for Chu Xiangqian's international shipping company to merge with the Zhao family's shipping company.

But Chu Xiangqian thought about the valuation of his own shipping company, which was $2 million.

Philips only got 500% of the shares for US$2.5 million, and Norton also only got 2.5%. If it were Boss Zhao, there would be basically no way he would accept this price.

And Chu Xiangqian could not tell Zhao Congyen that in addition to huge capital investments, the shipping company also obtained contracts from Sakura for coal, cattle, sheep and iron ore.

The shipping company can make more than 2400 million US dollars in profit every year from the coal business alone. This contract alone is worth hundreds of millions of dollars.

Zhao Congyan's shipping company has a tonnage of over 10 tons.

However, the company's operations are very conservative, with annual profits of only two to three million Hong Kong dollars.

The normal valuation was 1 million US dollars, and Chu Xiangqian felt that it was too high.

However, 1 million US dollars could only get him 5% of the shares of the international shipping company. In Boss Zhao's eyes, this was a huge loss.

So Chu Xiangqian thought about it and decided not to hold out too much hope and just talk slowly.

After all, the longer it is delayed, the more the operation of international shipping will get back on track.

Profits will become more and more stable.

As for the Zhao family's shipping company, its market value will also decrease due to less profits from Sakura.

Chu Xiangqian, Zhao Congyan, and the lawyer hired by the Zhao family went to Huang Weixin's law firm together.

The lawyers of both parties finalized the contract text and signed the acquisition contract for the two buildings at around 4 pm.

After Chu Xiangqian directly signed a Standard Chartered cash check for HK$1600 million, they had dinner together in the evening to celebrate their pleasant cooperation.

The more Zhao Congyan and Ye Xiaoli, the new and old foxes, talk, the more they feel that the other party suits their taste.

Seeing that Zhao Congyen was so straightforward, Chu Xiangqian also started talking about the cooperation between Mingda and the Zhao family.

With Chu Xiangqian's words, Ye Xiaoli would naturally not refuse to cooperate with the Zhao family. And since Chu Xiangqian was the matchmaker, it meant that there were more projects waiting for Mingda and the Zhao family.

It would be strange if you didn't agree.

(End of this chapter)