Capítulo 12: Chapter 12: Taking Over the Large Supermarket
Back home, Song Yanxi was incredibly excited.
Her man had actually managed to secure that big fruit supermarket for just three hundred thousand yuan.
If this were yesterday, she wouldn't believe it even if she were beaten to death.
Simply because, if that shop were to be put on the market for seven hundred thousand yuan, it would have been snatched up the day after the notice was posted.
Do you know what this means? It means their family hadn't even started business yet and they had already made a profit of four hundred thousand.
How could she not be thrilled?
"Husband, you're really amazing."
Song Yanxi suddenly felt that he had a natural talent for business, which had been completely suppressed by his family before, simply because he never had the courage to take that first step.
Now that he'd boldly stepped out, his first move had brought her a massive surprise.
Actually, Chen Pingsheng hadn't thought about it that way at all.
Mainly because he had roamed around for so many years and had sold durians on the streets; he had seen all kinds of people.
And naturally, he understood the human heart.
"Wife, don't get too excited just yet. We've only managed to take over the shop, and that doesn't guarantee business success. But there's something I want to discuss with you."
"What's up?"
"About the shop."
Chen Pingsheng said, "I'm thinking of inviting Zhang Tao and others to join us. You know, over the years selling fruit, we've always been helping each other out. Of course, that's secondary. The key point is that running a fruit store involves a lot more complexity and difficulty than operating a regular small supermarket. Everyone who would be joining us knows the fruit business inside out, and with their participation, our store can only get better."
"That's no problem at all. The key is how much of a share you plan to sell to them, and at what price."
"Let's sell 49%," Chen Pingsheng said. "Our family still needs to hold the majority of the shares. As for the price, I'm planning to base it on a total valuation of seven hundred thousand yuan. However, we still need to disclose beforehand that we acquired the shop for three hundred thousand."
Song Yanxi was completely stunned—offering 49% of the shares based on a total valuation of seven hundred thousand yuan.
What did this mean?
It meant that before they even started operating the store, they could recoup the three hundred thousand they had invested.
And even make an extra thirty or forty thousand. Wasn't this essentially acquiring such a big store without spending a dime?
"There's room to negotiate on this. Sell it quickly!"
After his wife agreed, Chen Pingsheng then sent a message in the moving group; these people didn't go back for the New Year and stayed in Capital City to make money.
Chen Pingsheng: "Everyone, come to my house for dinner tonight. There's an important matter to discuss."
General: "What's the matter?"
Chen Pingsheng: "I've taken over the newly opened Tengsheng Fruit Supermarket. I want to ask if you guys are interested in investing. We can work on this together."
General: "..."
General: "Wait for me, I'll be there fast."
Village Flower is Mine: "I'm already on my way."
Isn't The Young Woman Fragrant: "Cook more rice, sister-in-law knows I eat a lot."
Please Work Hard For The Rest Of Your Life: "The tricycle is running with the efficiency of a Lamborghini, will be there in no time."
Young Marshal Zhang Tao didn't respond because he had already arrived.
"Old Chen, you sealed the deal there quietly."
"Just got it settled this afternoon, I wanted to discuss the investment with you guys."
Chen Pingsheng asked him to sit down and look at the contract; speaking frankly, as long-time brothers, they must be sincere with one another.
He had spent three hundred thousand for a deal valued at seven hundred thousand in share sales and had to explain this to them in advance clearly.
There was no deception involved; only with such honesty could brotherhood last forever.
"Sheesh... Did you play his mother or fool his father to agree to it for just three hundred thousand?"
Zhang Tao was extremely surprised. When they had inquired earlier, the asking price was one million, with absolutely no room for negotiation.
From what he knew, if the owner had sold it for eight hundred thousand, there would have been plenty of takers.
The only reason it hadn't sold so quickly was that the owner wanted to drive the price down, that's all.
After all, one million was indeed a bit too high.
Eight hundred thousand was very appropriate, and seven hundred thousand was a bit below the actual value, making it a really good deal.
Chen Pingsheng chuckled lightly, "I naturally used a little trick, but with the price of seven hundred thousand, let me know if you can accept it."
"Of course, I can, why couldn't I?"
Zhang Tao replied without hesitation, "If you can make this money, that is your own skill. My brother, I have absolutely no jealousy, only admiration and respect. The store is indeed worth seven to eight hundred thousand, and I won't be at a loss investing at this standard. Just, how much are you planning to let me invest in?"
"20%,"
Chen Pingsheng patted his shoulder, "We grew up together, and we're from the same village. I'm relieved to hear you think this way. I can't guarantee anything else, but I, Old Chen, will do my best to manage this store and make sure that when you go back this year, you can pick any girl you want, and have matchmakers breaking down your door."
"You said it," Zhang Tao laughed heartily, already beginning to fantasize about such a scene.
When the others arrived later, only 29% of the shares were left, but Chen Pingsheng still clarified things with them first.
In the end, each of the four people bought 7%, and no one fought over the remaining 1%.
It was considered as the future massage fee for the brothers' clubhouse.
The contracts hadn't been signed yet, but the money transferred quickly. Mainly because over the years, they all trusted Old Chen.
He was reliable in what he did.
That was very important.
"Ding, the host has received a payment of 336,000, with a net income of thirty-six thousand today. Would you like to activate the random multiplier?"
This Golden Finger was really high-end.
He had spent three hundred thousand to take over the store, and now by selling 48% of the shares, he not only recouped all the money he had spent.
He also made a net profit of over thirty thousand, which also became his net income for the day.
Feeling like his luck was exceptionally good that day, Chen Pingsheng couldn't help but click "Activate" in his mind.
Two Golden Dice appeared once again, the first with an impressively high number... 4.
The second was even higher, actually the maximum of five.
"Congratulations host, you have obtained a nine-fold random increase."
"Ding, your Alipay has received a payment of three hundred and twenty-four thousand, with a balance of three hundred and twenty-four thousand."
Goodness...he had earned back the Audi he bought before the new year.
His family's total savings were back to around seven hundred thousand.
The money was hard to explain, so Chen Pingsheng thought about keeping it on his side for now, and to find an opportunity to give it to his wife later.
Seeing everyone complete the transfer, Song Yanxi was incredibly happy. Her family now had their own fruit supermarket.
Life was getting more and more promising. She would go to the company to resign on the eighth day, working for herself was much better than earning a fixed salary elsewhere.
The next day, Tengsheng Fruit Supermarket was closed for one day.
Mainly because Li Zehao came for the handover, and the person in charge here was one of his distant relatives.
If there was anyone who least wanted the store to be transferred, it definitely had to be this person.
No other reason, he was making a killing while the store was losing money.
Now that the store had been transferred, he still wanted to stay, but that was naturally impossible.
Isn't that what they say about rich second-generation entrepreneurs not lacking money?
The two cash registers were Apple computers, and all the lights in the store were branded.
Even the fruit racks were the best you could buy.
The most outrageous was that delivery truck; since the store had been transferred, the truck naturally came along with it.
A 4.2-meter Isuzu box truck, priced at around one hundred and sixty thousand.
It's likely Li Zehao didn't even remember he had such a truck.
Anyway, when signing the contract, everything related to the fruit supermarket was handed over to him.
As long as he kept his "boss" facade intact, it was fine.
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