At most it's a few billion a year...why get involved?
These words made Zhang Jingshan and Li Changfeng both stunned.
But the next second.
Zhang Jingshan, who has been a little bit arrogant recently, blurted out, "You can only make a few billion a year at most? So little?"
"Do you think catering is a highly profitable industry? Haidilao, as the undisputed leader in the industry, had a peak net profit of only 20 to 30 billion in the past, and this was based on a total of nearly a thousand stores! So even if Jianghu Hotpot sweeps the entire hotpot industry, the profit margin is limited. What's more... in my plan, I have to take out 2% of the revenue as salary commissions for grassroots employees and investment in charity funds! In other words, even if the net profit margin is 12% of the total revenue, after deducting the salary commissions at the grassroots and the investment in charity funds, at most only 10% will be left. So even if the annual revenue can reach 40 billion, the net profit will only be 4 billion at most, and I only hold 68% of the shares!" Ye Chen said lightly.
"Whether it's a 12% net profit margin or an annual revenue of 40 billion, these are the ceilings in today's catering industry!" Li Changfeng said.
Ye Chen nodded and said, "So even if it becomes the ceiling, the profit margin is very limited!"
"If that's the case, then Brother Ye, why are you entering this industry with such fanfare?" Zhang Jingshan wondered.
Well, you can only earn 20 to 30 billion a year, which is a bit tasteless.
Unconsciously, Zhang Jingshan had become a little inflated and a little too proud, and he no longer cared much about businesses that made annual profits of 20 to 30 billion yuan.
"Just have some fun and create a platform for Yihao to gain experience!" Ye Chen said.
"Spending hundreds of millions to build a training platform for your brother-in-law? Brother Ye, you are the best brother-in-law!" Zhang Jingshan twitched his mouth.
However, Ye Chen shook his head.
He smiled and said, "If I can provide Yihao with a platform for training and growth, and earn a few billion a year, why not do it?"
"Brother Ye, are you sure you can make Jianghu Hotpot a leading enterprise? Are you sure you can pull Haidilao off the altar and replace it to create a new legend?" Li Changfeng thought for a while and asked.
Ye Chen nodded slightly, "I am sure I can do it, otherwise I wouldn't have made such a big fuss. One year should be enough for Jianghu Hotpot to sweep the industry and become the leader!"
Speaking of this.
Ye Chen paused and said, "Although I am not considering letting you invest in Jianghu Hotpot now, but one year later when Jianghu Hotpot starts planning to go public, if you are still interested in getting involved in Jianghu Hotpot, I will definitely not hesitate to give you a share!"
"What? It will be listed in a year?" Zhang Jingshan's eyes widened instantly.
Yes, my plan is to go public in one year. As long as nothing goes wrong, Jianghu Hotpot's market value in the future will become a new round of legend that is not inferior to Haidilao's peak period!" Ye Chen said.
"Brother Ye, if you want to go public in a year and surpass the market value of Haidilao during its peak period, you must open the door wide to allow capital to enter, right?" Li Changfeng asked the key question.
Ye Chen nodded, "On the issue of Jianghu Hotpot's listing, I don't intend to reject capital entry, so it will be no problem for you to get involved at that time, but now, it is unnecessary and inappropriate!
"Brother Ye, do you want us to reap the profits in the stock market as investors?" Zhang Jingshan asked a little stupidly.
Little did he know that Ye Chen's expression was extremely strange as he was choking on his words.
Li Changfeng couldn't stand it any longer. "Can you speak some human language? What do you mean Brother Ye wants us to reap profits from the stock market as investors? Are you saying that Brother Ye is listing Jianghu Hotpot just to make money and reap profits?"
"Fuck, I spoke too quickly. I know Brother Ye..." He didn't give Zhang Jingshan the chance to finish his explanation.
Ye Chen interrupted, "Alright, stop talking about this. Even if Jianghu Hotpot goes public, its market value is unlikely to skyrocket in a short period of time. With the precedent of Haidilao, the market value bubble will definitely become an indicator for the market to measure. So if you want to create a myth that surpasses Haidilao's peak period, it will definitely not be achieved overnight. So don't dream too early. When it's time for you to join the game, I will take care of you!"
After saying that.
Ye Chen immediately ended the topic.
Looking at Zhang Jingshan, he said, "Let's talk about you. I heard from Ye Chengying that you agreed to drink ten bottles of foreign liquor in one breath in order to help me to meet him. What? Are you going to die? If something bad happens after drinking, how can I feel at ease?"
"What? There is such a thing? Are you crazy?" Li Changfeng exclaimed in surprise on the side.
Ye Chen remained calm about this.
"Well, it's not that serious. I didn't finish drinking it. I passed out after drinking two and a half bottles!" Zhang Jingshan said angrily.
"Don't you know how much you can drink? Have you ever considered that if you can't finish the drink, it would be a waste? Not only will you fail to get anything done, but you will also get yourself involved. Is it worth it?" Ye Chen said.
Zhang Jingshan also put away his nonchalant attitude when he heard the voice.
He said solemnly, "Brother Ye, this is not a question of whether it is worth it or not, because this is the only thing I can do for you. No matter how much I can drink, no matter whether I can finish it, no matter what the consequences will be, it doesn't matter. What matters is that I must try my best. Only by trying my best can I be worthy of you!"
"Even if you're willing to drink yourself into trouble?" Ye Chen asked.
"Yes! You have been helping us all along, and you have been the one leading us. We have nothing to give you in return, and nothing we can do for you. It is a rare opportunity to do something for you, so even if I have to go through fire and water, I will not frown!" Zhang Jingshan said.
"That's thoughtful!"
Without saying much, Ye Chen smiled and nodded.
Under Ye Chen's three words, which were spoken lightly but with great meaning.
Zhang Jingshan also grinned and stopped being pretentious, and changed the subject, "By the way, Brother Ye, did you reach an agreement with Young Master Ye that day? What did he say about the security company? What is his attitude?
"He should still be quite interested, but to be honest, the security company I envisioned is indeed too sensitive in our Shenzhou territory, and he certainly can't make the decision. So without the nod from the Ye family, even if he is interested, it will be in vain! Ye Chen said bluntly without hiding anything.
However, before the two could reply, he paused and spoke again, "But...the Ye family should agree. Even if the Ye family disagrees, Ye Chengying will definitely find ways to make the Ye family agree, even at any cost!
As he spoke, Ye Chen showed a long and playful smile on his face.
As if - everything is under control.