The Birth of Shanghai's First Conglomerate

Chapter 149 The Landlord's Price

The milk tea market has considerable potential for future growth, and could very well reach hundreds of billions of yuan.

This may not mean much to internet companies, but for traditional companies, this market is already not to be underestimated.

Yang Qian led Chu Qiuyan and the others to Taiwan for study, while the net had already been cast in Beijing.

The task of finding a storefront was handled by Jiang Wei, who was transferred from Tengsheng Fruit.

The funds are sufficient, and the preliminary preparations are extensive.

Everything should be fine, but the specific opening date will have to wait until the three of them return.

In addition, we need to recruit and train people first.

It is expected to open in 15 years.

Chen Pingsheng personally holds 30% of the shares, Tong Zhelan holds 30%, Yang Mi holds 15%, and Zhao Feifei and Chu Qiuyan together hold 15%.

The last 10% went to Yang Qian and Jiang Wei.

The number of shares is small, and the investment is also small.

It's worth mentioning that milk tea shops mainly operate through franchising, with direct operation as a secondary option.

You don't need to invest too much money in opening a store.

It only requires going through the four first-tier cities and then radiating to the surrounding cities of Beijing, Shanghai, Guangzhou and Shenzhen.

Unlike Boiling Sheep, Bobo Milk Tea will not invest more than 300 million yuan in opening stores.

Later on, everything depended on franchising.

This is also Chen Pingsheng's first time doing traditional franchise business, so there are bound to be some challenges.

The three-day CEO training program in November was scheduled for the middle of the month.

After finishing up with the milk tea business, Chen Pingsheng began to spend a lot of money to prepare for the grand opening of Shuiyunjian Hotel in Beijing 14 years ago.

In addition to securing front-page ads in Wangfujing, Sanlitun, and other high-traffic areas,

Furthermore, the event was promoted through numerous local media outlets, including Shuiyunjian, for its New Year's Eve celebration.

The title is very eye-catching.

On New Year's Eve at Shuiyun Pavilion, seven superstars performed together on the same stage.

In the beauty industry, only Shuiyunjian currently has the capacity to directly allocate over 100 million yuan for an event.

For him, milk tea is just a small-scale affair.

This grand night is the highlight of his year.

Whether the event is successful or not will directly affect his plans for next year.

To put it bluntly, what Chen Pingsheng needs to do is further consolidate his corporate assets.

In the coming years, he plans to invest heavily in commercial real estate to create his own flagship projects.

In his view, the so-called "ace project" is not just a matter of how much money it makes.

The key is to remain stable.

No matter how the market changes, his flagship projects will always make money.

……

Villas in Shijingshan District.

Since Song Yanxi regained her figure, Chen Pingsheng has enjoyed holding her in bed and talking privately.

For example, today.

"Yanxi, starting next year, let's try to buy a storefront and open Shuiyunjian ourselves."

Some landlords are really annoying. Even though a contract has been signed, they want to take back the storefront and run it themselves when they see that the business is doing well.

Chen Pingsheng could only say that she was dreaming.

A hotel called Shuiyunjian near the Third Ring Road is experiencing a similar situation, as the fat landlord has gone back on his word.

If even a large company like theirs can go through this, then small business owners must experience it even more often.

"Buying a storefront? That's too much of an investment, isn't it?"

Song Yanxi lay on the large bed, her long hair flowing freely, looking breathtakingly beautiful, not at all like a young mother of two.

"The investment is a bit large, but it can withstand risks. Who knows what changes will occur in the future market? If traditional industries don't have their own storefronts, they can't continue operating if risks arise."

"Aren't you thinking too far ahead?"

"Not really," Chen Pingsheng said. "The main reason is that I've been studying a saying recently: any successful business requires spending more than 90% of its time considering failure. Only by avoiding failure can one achieve ultimate success."

"I think this statement makes a lot of sense. Our family can't just focus on moving forward without considering how to mitigate the risks."

"If the market undergoes a major change, like the financial crisis of 1997 or the global financial crisis of 2008, how many businesses would collapse? Our family's reliance on rented storefronts is ultimately too weak to withstand risks."

Boiling Sheep and Tengsheng Fruits can't change, and Shuiyunjian, which is the most profitable place, absolutely can't just be a simple storefront rental anymore.

After some consideration, Song Yanxi decided to buy a commercial property of over a thousand square meters in Shuiyunjian.

At least a small goal is needed; if we calculate based on 25 companies in Beijing, that would require at least 3 billion.

Chen Pingsheng reminded her that having a goal is what gives you motivation.

Three billion seems like a lot, but with some effort, it's still possible to earn it.

If their family can buy these properties, it will truly be a giant leap forward.

They could be considered a semi-wealthy family.

True wealth isn't the virtual wealth found in the stock market, but rather the substantial amount of high-quality assets that can be readily liquidated.

He felt that these valuable assets should be worth at least tens of billions to barely qualify as belonging to the elite.

We must work hard and strive for these small goals.

Chen Pingsheng poured all his passion into his wife, Song Yanxi.

He wants to fight hard, leave no room for himself, and have another child. Song Yanxi always feels that his energy is getting better and better, and it hasn't diminished at all with age.

He could be considered a mighty man.

Song Yanxi is currently in a lawsuit with that fat landlady. This fat woman, seeing that she couldn't get the storefront back, even hired people to block the door.

They made a huge scene.

Fine then, the lawsuit will continue until the day you die.

It's just a matter of paying some lawyer fees.

Who can't afford this little bit of money?

Anyway, the senior lawyers from Tencent's legal department don't have much to do all year round, so now they're just focused on lawsuits.

A huge compensation claim must be filed.

Make her understand that just because the storefront belongs to your family doesn't mean you're in the right.

Don't even think about taking advantage of them.

That fat landlord has a relative who also works in the beauty industry.

I heard that after she renovated the storefront into a Shuiyunjian club, she tried every means to get the fat landlord to take back the renovated Shuiyunjian club.

I'm not renting it anymore.

Compared to the money Shuiyunjian earns, her meager rent is nothing.

That fat landlord was blinded by money and resorted to all sorts of despicable tactics, including throwing a tantrum and acting like a scoundrel.

This seriously impacted their business.

In today's society, hitting someone is definitely unacceptable.

If we can't use any means outside the law, then let's all take our money and fight it out in court.

Song Yanxi applied for 50 million yuan in compensation.

This is not an exaggeration when considering Shuiyunjian's income.

Who told the landlord to do such a thing? Besides, all their clubhouse lease agreements are printed by their legal department.

There is no chance for the landlord to take advantage of the situation.

The landlord's bad behavior prevented them from operating normally. They just needed to close the door, follow the contract, and apply for compensation.

This fat landlord himself isn't highly educated; his family's wealth comes entirely from land expropriation compensation.

She never expected that Shuiyunjian would be so ruthless, opening the door and handing over the court summons directly.

When I saw the amount, I almost fainted on the spot.

Fifty million?

Her relative who works in the beauty industry has already run away overnight. The bad idea was hers, but the mess was made by her cousin.

We can't come after her for being stupid.

With such a high amount of compensation involved, if he doesn't run away, he'll just have to wait for her to come after him and yell at him.

These local landlords can bully ordinary out-of-town tenants, that's one thing.

Song Yanxi felt that she had already reached this level in Shuiyunjian, and if she were still bullied by the landlord.

Wouldn't all those years of hard work have been for nothing?

We have to teach this fat landlord a lesson, no matter what.

When they signed the contract, they deliberately raised the rent slightly and set the compensation amount extremely high.

This is to prevent the landlord from changing their mind at the last minute.

After all, these kinds of things happen every day, so it's not surprising that it happened to their family sometime in the future.

Now look what happened; the fat woman's attempt to steal a chicken backfired spectacularly, resulting in her own disastrous fall.

There's a contract, and there's video footage of the fat landlord bringing people to cause trouble.

The fat woman thought that because she was a public figure and had some connections in the capital, no one could do anything to her.

Little did they know, everyone who could afford to spend money at Shuiyunjian was a wealthy woman.

The beauticians at the other stores would mention this fat landlord to their top-tier clients.

Everyone felt that she had ruined the reputation of the capital.

It was a shame to be thrown into grandma’s house.

Two clients, both in their early fifties, went even further, saying that if the fat woman had any connections, they could get the president of the High Court to intervene with just one phone call.

Ultimately, they underestimated Shuiyunjian's clients and the strong client relationships they had built up through long-term door-to-door service.

Song Yanxi has already made up her mind to find a larger storefront nearby to reopen the business, and she doesn't want this one anymore.

The loss must be compensated at a minimum of 50 million.

The annual income of any Shuiyunjian branch would indeed not be lower than this number.

Therefore, compensating according to this amount is very fair.

After all, from the initial investment in renovations to the training, the time cost alone is a year.

That year alone was enough to cause a loss of fifty million.

The fat landlord was stunned when he saw the financial data handed over by Shuiyunjian.

She never expected that when she led people to reclaim her family's storefront, they would demand 50 million in compensation.

It's her own house; she can rent it out if she wants, or not if she doesn't.

Isn't this normal?

All I can say is that the old fairy's ideas are too powerful.

(End of this chapter)