Losing Money to Be a Tycoon

Chapter 1079 The Investment Group Is Eyeing the Snack Street Again

Wednesday, May 30.

Fortune Capital.

Li Shi is thinking about Xingniao fitness.

He had already talked with Chang You from Outu Technology, and the two hit it off immediately, and felt that they could carry out in-depth cooperation on this project.

For Changyou, although Guo Licheng's hosting gym is his first cooperation target, the hosting gym has limited capacity after all, and cannot accommodate so many smart fitness drying racks.

It was not sure whether the smart fitness drying rack could make money before, so it is impossible for the foundry to invest too many production lines.

Now, after earning money and fully putting into production, the monthly output has reached nearly 10,000 units. If you are willing to invest money and start a new production line, it is not difficult to reach 20,000 units or even higher.

And only ten smart fitness drying racks needed for each hosting gym are enough.

After all, the space in the gym is limited, and a lot of space must be reserved for strength areas, other professional equipment, aerobic equipment such as treadmills and ellipticals, as well as yoga rooms, exercise rooms, etc. These cannot be saved.

And each of the ten devices hosting the gym is actually completely unable to digest the capacity of the smart fitness clothes hanger.

It is impossible to host a gym and open a hundred new stores every month, right?

Therefore, this business must also be done with other gyms.

Changyou and Guo Licheng are not worried that this will affect the business of managed gyms, because the core competitiveness of managed gyms does not lie in this.

The entry of smart fitness drying racks into major gyms will not only bring more player groups and income to "Fitness Battle", but also serve as live advertisements for Tenda Group and Outu Technology. Once it is rolled out, there will be a very considerable long-term future income.

Therefore, Changyou also intends to use Xingniao Fitness to test the waters to see if the smart fitness clothes hanger will be popular in ordinary gyms, so as to start a large-scale procurement business for large chain gyms.

Once this path is proven to work, those large chain gyms have at least hundreds of stores across the country, and the number of smart fitness drying racks purchased will be extremely amazing.

Putting the smart fitness drying racks in the stores of these chain gyms will attract the members of these gyms to try and experience, and some of them will choose to buy one and put it at home, which will greatly expand the customer base.

In other words, cooperating with chain gyms is actually a process of business expansion and advertising, and the effect will definitely be much better than simply promoting online.

For Li Shi, Xingniao Fitness is obviously another typical case of eating soup. If it succeeds this time, not only can you get soup from Tengda, but also steal part of the business from those large chain gyms, and wait for Xingniao Fitness After it develops, his investment will definitely get extremely rich returns!

For the first batch of more than 100 smart fitness drying racks, Changyou decided to directly supply the next batch of off-the-shelf products.

He also wants to see as soon as possible whether the smart fitness drying rack can succeed in traditional gyms.

Recently, Xingniao Fitness has also started to adjust the layout of each store in succession, and advertised to its members by distributing leaflets, setting up advertising display boards, etc., and wait until the batch of smart fitness drying racks arrives one after another on the weekend at the earliest , you can directly open the experience.

Once this model becomes popular, Li Shi will consider joining several other investors to continue investing money to help Xingniao Fitness open more stores, continue to purchase smart fitness clothes hangers on a large scale, and take advantage of this unique advantage in the short term , expand as much as possible!

At this time, there was a knock on the door outside the office, and Xue Zhebin pushed the door open and entered.

"Mr. Li, I understand clearly that Tengda does intend to buy or long-term rent the shops on the street near the Shock Hostel, and it seems that an ultimatum has been issued yesterday, either for long-term rent or for sale, and shops that do not cooperate , Food Street will choose to bypass directly!"

"The situation over there is quite chaotic now. The shop owners talk about alliances, but they are all making their own calculations. As far as I know, several shops have already signed contracts with Tenda..."

Xue Zhebin explained everything he learned in detail.

Li Shi couldn't help but cheer up: "Very good! The situation is exactly the same as I predicted!"

"It seems that we only talked about long-term rent before, but now there is an additional plan to buy. It must be that Mr. Pei has provided a large amount of funds. This is enough to prove that Mr. Pei actually attaches great importance to this place!"

When the construction of the snack market first started, Li Shi had already grasped the news, but he never had a good idea about how to drink this soup.

Because there are many shops around the snack market, but they are all in a half-dead state. Wouldn't it be a big loss if the place where you bought it coincided with the development direction of Tenda?

But now, the goal has become fairly clear.

Obviously, the goal of Tengda is to connect the snack market and Jingpai Hotel through a snack street that is more than one kilometer long to form a linkage!

In this way, tourists can walk along the snack street all the way to the snack market at night after visiting the Jingpai Hostel, where they can enjoy all kinds of delicacies.

And it is said that there are new large-scale projects under construction inside the Horror Hostel, so that the entire surrounding economy will be further revitalized.

As for those shops asking for sky-high prices, Tengda obviously also thought of a solution.

People's greed is endless, and these shops must not be satisfied blindly, otherwise the first one succeeds in raising prices, and the subsequent ones will follow suit, and they will have to argue with every shop, and this matter will be endless.

Tenda has a uniform price for all shops, and provides two options for long-term rental and purchase, which are already generous enough in terms of price.

If this is not Tenda's project, then Li Shi must think that ** renting is much more cost-effective.

Because money has time value, as long as those shop owners don’t just squander the money when they get it, but choose to use the money to make some more promising investments, the profits generated after ten years will definitely be huge at 50%.

But this is Tenda's project, so it's different.

The rate of return of the Tenda project is not a simple number that can be measured.

But shop owners don't necessarily understand this truth, because they don't believe in Tengda's business myth like Mr. Li.

Strictly speaking, the joint price hike of these bosses is more like a short-sighted behavior.

Tenda also gave a solution to the joint price hikes of the bosses, which is to differentiate them.

The original plan was that there was a direct road from the snack market to the Shocking Hotel. Many shop owners on this road felt that Tengda would take down their shops at any cost, so they were naturally confident.

But now Tengda has changed its way of thinking and will choose multiple routes, and finally finalize one according to the actual situation.

The snack street may turn around and bypass some shops.

In this way, shops that had no chance to enter the snack street were also considered.

In order to get this opportunity, these shops will definitely scramble to sign a contract with Tengda.

Shops that were originally in a straight line distance may get nothing.

Under such circumstances, it is impossible for the shop owners to unite closely. After all, one mistake, hundreds of thousands will be lost. Most small bosses do not have the courage.

Moreover, I heard that Tenda has added a new plan to directly buy shops on the basis of the original long-term lease, which is enough to show that this matter has alarmed Mr. Pei, and Mr. Pei allocated a large amount of extra funds.

Li Shi felt that the opportunity had come!

He immediately said: "We also go to buy shops nearby! However, we are different from Tengda, we only buy, not rent."

"Besides, we don't compete with Tenda. After Tenda's route is determined, we will go to those shops that have not been selected and buy them at a relatively favorable price."

"I think... a 40% premium should be fine."

The proposal given by Tenda is a 50% premium, but there must be only one final route for the snack street, and many nearby shops will lose the selection.

Most of the owners of these shops will regret it.

Of course, the kind of boss who is particularly confident in himself and thinks he can make a career in the food street is not ruled out, but there must also be bosses who missed the opportunity and failed to sell their shops because of hesitation.

Li Shi and other investors will find these people and buy them at high prices.

For a store that has been determined not to be on the food street, this premium is already very considerable, and someone will definitely sell it.

After buying it, Li Shi will recruit professionals from other industries he invested in, such as chain Internet cafes, bars, coffee shops, etc., to be in charge of these stores.

Moreover, Li Shi can also choose to rent some shops to Tengda at a low price and sign a long-term contract.

Although the food street can only cover one street at the beginning, if the flow of people continues to grow in the future, will the food street expand?

Moreover, compared with those shop owners, Mr. Li's face is completely different.

Most of those shop owners have no resources or ability, and they have rejected Tenda's kindness. Tenda will definitely not cooperate with them.

But Li Shi has the resources and has a good relationship with Mr. Pei, and the cooperation between the two parties is very pleasant. Even if they can't be mixed up as "internal shops in the food street", it is no problem to be a "cooperative shop in the food street".

As long as there is Tenda's approval, it's okay to drink soup from the food street.

There is no reason for Tengda to reject this proposal, because Li Shi and other investors bought the shops around the food street, and it is impossible for Tengda to eat all of these shops.

Instead of cooperating with a shop owner who I don't know and has little resources and capabilities, why not cooperate with an old acquaintance, Li Shi?

What Li Shi cares most about is actually the appreciation potential of these stores after many years.

Those shop owners may have doubts about this, and there is no way to wait for such a long time, but Li Shi will never doubt it.

Xue Zhebin nodded: "Okay, then I will notify other investors!"

Chapter 1093/1703
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Losing Money to Be a TycoonCh.1093/1703 [64.18%]