City: Become a principal from junior college!

Chapter 104 Star Food Recommendation Guide!

(After being reminded by readers, the sales volume in the previous chapter has been revised to 600 million. Sorry...)
Ye Chen looked at Xingchen Restaurant's monthly report.

Lu Jing was sitting opposite, introducing Ye Chen.

"First of all, the ingredients we use are all high-quality ingredients."

"Ingredients account for the bulk, and the purchase expenditure is about 700 million yuan!"

"The proportion of rent is very small, almost negligible."

"A total of [-] people in management, logistics, finance, and kitchen help!"

"At your request, all employees, waiters, and even the kitchen assistants have signed formal employment contracts and paid five social insurances and one housing fund!"

"Because of our high work intensity, our salary is generally about 30.00% higher than the average salary in the same industry in Tianhai City."

"So the final per capita expenditure is about 2000 yuan, a total of 700 million yuan."

"Restaurant maintenance, losses, water, electricity and coal are 300 million per month!"

"Students are divided into 5.00% per month, plus [-]% at the end of the semester!"

"The total expenditure is 500 million!"

“There’s also some tax expense!”

"So the total monthly expenditure is about 600 million!"

"Net profit is 1000 million yuan."

"My family holds 20.00% of the shares and has a net profit of 200 million."

"Star Academy's net profit is 800 million!"

Hearing this, Ye Chen smiled.

This net profit is actually on the low side.

In terms of personnel salaries, expenditures are on the high side.

The aunts who also help in the back kitchen are covered by five insurances and one housing fund.

lead to higher spending.

But this is Ye Chen's request.

As for why?
This is not even Ye Chen's kindness, but the bottom line of the law.

Ye Chen feels that as a school, it should abide by labor laws.

If even a place like a school, where people are taught and educated, does not abide by labor laws.

Who else can be expected to comply?

And without five insurances and one housing fund, employees’ futures are not guaranteed.

Originally, those who worked as cooks were basically at the bottom with extremely low incomes.

There is no guarantee for the future, and that would be too miserable.

As for the high salary given to employees, Ye Chen didn't feel any distress at all.

For Ye Chen, making money is really not difficult.

I already have a system, if I only have the goal of getting rich in my heart, then the situation is too low.

High employee income is beneficial to the entire society.

Because employees have money in their hands, they can spend money.

Willingness to consume can bring demand.

Let more factories and companies produce more products.

This will create more jobs and allow more people to have jobs.

This is a good thing for the entire economic cycle.

On the contrary, if all the money is taken by a small group of people.

The income of other bottom-level people is only enough for food and clothing, and mortgages.

There is no money to spend at all, and the belt is tightened to live.

Then the economy will have big problems.

Of course.

Only Ye Chen does this, and it probably won't have much impact on the entire society.

But Ye Chen didn't care.

Ye Chen's goal in life is: as long as you think it's right, then do it!

As for whether it is useful or not, it doesn't matter, just do it first and then talk about it.

If you persist for many years, you will always see results.

……

"Sorry, because of some of my requirements, your family's profit share is too small."

Facing Lu Jing, Ye Chen said apologetically.

The other party's monthly net profit is only 200 million.

Hearing this, Lu Jing smiled: "The monthly net profit is 200 million, and the investment of 4000 million can be repaid in twenty months."

"The payback period of the large catering industry is about one year and six months."

"It's actually quite the same."

"But are other restaurants guaranteed to be always hot? No!"

"But Xingchen Restaurant is different. Every year, Xingchen Academy provides a steady stream of high-quality chefs, which can always guarantee high-quality taste and quality."

"A restaurant like this will never lack customers at all."

"It won't cool down just because the heat has passed."

"Relying on Xingchen Restaurant, my family can guarantee a cash flow of close to 2000 million per year."

"For such investment opportunities, some catering giants are willing to grab shares."

"So really speaking, our family would like to thank you for the opportunity to cooperate."

What Lu Jing said was the truth.

Ordinary people who invest want to get their money back as soon as possible.

But for wealthy capital, they pay more attention to long-term income.

With an investment of 4000 million, the annual net profit is 2000 million.

Such an ROI.

In the capital market, it is definitely the best quality asset.

It can make countless big capital rush to give money.

Of course, traditional capitalists like Lu Jing's parents still have some opinions in their hearts.

I feel that the wages given to the employees are too high, and the aunts and chefs in the kitchen have to pay five social insurances and one housing fund.

What a waste.

It should have been more profitable.

But Lu Jing herself had no objection.

The admiration for Ye Chen deep in my heart became even deeper.

This is common practice in society as a whole today.

But Ye Chen doesn't care about his own interests, and doesn't care about other people's opinions.

Be determined to do what you want to do according to your own ideas.

Such a man is so handsome...

……

Star Restaurant has a monthly profit of 800 million.

Open for eight months a year, that is 400 million yuan.

Over at Xingchen Canteen, the newly opened third canteen has been in operation for a month.

But because the freshmen have few dishes.

In addition, the pricing is only the price of small fry shops outside.

The profit margin is not high.

So even with the addition of a third canteen, the daily profit has only increased to 20 RMB.

So count down.

One month is 600 million.

600 million plus 800 million, that is a monthly profit of 400 million.

Open eight months each year.

The annual profit is 1000 to [-] million RMB.

Seeing this income, Ye Chen smiled.

Even if I have given it to students, I should give as much money as possible to employees.

But the profit still reached a small target for the year.

And it’s all cash.

Food, clothing and housing.

Sure enough, the catering industry is doing well and really making money.

"The annual profit has increased to [-] million, and the next investment plan should not require loans!"

Since opening the school.

Looking at the prosperity every year, it seems to have made a lot of money.

But in fact, Ye Chen takes out loans every year.

If this year's profit increases to a small target.

You won’t have to take out a loan anymore, right?

Regarding this, Ye Chen was in a very happy mood.

Next, Lu Jing also told Ye Chen.

Black Pearl has also set its own Star Restaurant as a recommended restaurant.

Michelin also contacted itself.

Said that a three-star restaurant certificate has been obtained for Xingchen Restaurant.

Ye Chen didn't pay much attention to this.

Today's Xingchen Restaurant no longer needs the ratings of these gourmet institutions to prove itself.

in contrast.

There has been no credible restaurant recommendation list in China.

Ye Chen even felt it in his heart.

Is it possible for my college to create a star food recommendation guide in the future?

After all, my students are all the top chefs of various cuisines.

The judgment of food is undoubtedly more professional.

And they are all Chinese.

The evaluation of Chinese cuisine is more in line with the views and tastes of Chinese people.

If you make a food recommendation guide yourself.

Just don't take money and don't play dead.

There is absolutely no problem with credibility.

It is definitely not a problem if its influence exceeds that of Michelin, Black Pearl, etc.

(End of this chapter)