Hong Kong 1980: The Savage Era

Chapter 20 [Theater]

"Fenggui Development has made everyone miserable. We need to unite, so that we can fight back and return to the old days."

"Those guys even offered some kind of refund, so all the customers went to their place. I only did one business recently, and I can't even make back my costs. If things continue like this, my store will go bankrupt."

Colleagues complained about the bad influence that Fenggui Development Company had brought to them, and their expressions were very indignant.

Luo Qihong held the wine glass with an expression as if he was watching a monkey show. He really didn't think that this group of people could unite to deal with Fenggui Development Company. Even if they could, it would only be a temporary thing and would not last long.

Therefore, it is difficult to get Fenggui Development Company to withdraw from the North Point area.

"In fact, our combined strength may not be comparable to Fenggui Development Company, but we have an advantage, that is, our business is small and our costs are low. As long as we can hold on, Fenggui Development Company will definitely leave North Point due to cost losses." Yan Leduo looked around, smiling, with a hint of pride on his face.

When colleagues heard that the business would be operating at a loss, the box instantly fell silent and everyone's faces looked grim.

These people just want to take advantage and get something for nothing, they don't want to suffer losses.

"Boss Yan, please explain it more clearly." said the colleague in the plaid shirt.

"Okay, then I'll tell you the plan, and let's see if it's feasible?" Yan Leduo smiled and said, "After my careful calculations, as long as we reduce the commission to 5%, Fenggui Development Company's store will suffer losses. Even if the other party keeps up, it won't last long. For small businesses like us, 5% commission can maintain a balance between income and expenditure, and even have a little surplus."

Colleagues looked at each other in bewilderment. No one wanted to be the first to speak out, nor did they want to offend Yan Leduo.

Seeing this, Yan Leduo looked at Luo Qihong with a smile and asked, "What do you think, Mr. Luo? Is Hehong Real Estate willing to implement it?"

This is nothing more than taking advantage of Luo Qihong's youth and using Luo Qihong as a breakthrough point.

Luo Qihong shook his head and said, "I don't know. If everyone does it, I will follow suit."

"." Yan Leduo was a little stunned. Luo Qihong actually kicked the ball back. He had no choice but to signal the 'undercover' he arranged to speak.

"I agree with Boss Yan's proposal of a 5% commission. Only if we drive Fenggui Development Company away can we have a 'restoration of a stable life'."

Voices of approval emerged, and colleagues close to Yan Leduo also began to express their approval, and then all of them passed the plan.

Of course Luo Qihong would not object. After all, this was a good thing. As for Guan Jiahui's commission, there was no need to reduce it. He could just take 4% of the commission.

The next afternoon, a notice was posted at the door of each agency store, announcing that 5% of the commission would be returned to the buyer, attracting many citizens to stop and watch.

Guan Jiahui was very depressed. The commission became 5%, which meant that her commission would also become 5% off.

"Can we not lower the price?" Guan Jiahui asked Luo Qihong who was reading a newspaper.

Luo Qihong shook his head gently and said with a smile, "No! This is the decision of all our colleagues in North Point. If we violate it, we will definitely be besieged. Do you want to have no business?"

Guan Jiahui's expression suddenly became dejected. She wanted to pay back the money she owed Luo Qihong as soon as possible. If it became only half of the original amount, wouldn't she have to work one or two more years in the future?

Luo Qihong found it funny and said, "Whether Hehong Real Estate's commission is reduced or not has nothing to do with you. I didn't say I would lower your commission. Your commission is still the same as before. It's the company's part that's reduced."

"Huh? Are you serious?" Guan Jiahui said excitedly, staring at Luo Qihong with her big eyes.

Luo Qihong pursed his lips and said, "It's fake! It's true that you work hard and return the money to me quickly."

"Hmph! I don't care about you. I heard you say that the commission remains unchanged." Guan Jiahui said proudly.

Luo Qihong was about to retort to Guan Jiahui when he saw a guest coming in, so he said to Guan Jiahui, "Hurry up and greet the guest." Guan Jiahui smiled and went to pour tea, greeting the guest, "Sir, please have some tea. Are you buying or renting a house?"

The customer looked at Guan Jiahui's delicate baby face and was a little absent-minded. After Guan Jiahui reminded him again, he gradually came to his senses and said awkwardly, "I am not buying a house, nor am I renting one. There is a theater that wants to sell it here."

In Hong Kong, theaters and cinemas are integrated.

theater?!
Luo Qihong rarely comes across this kind of property. It's not that the property is worthless, but it is more profitable. At least it can make a little money. Most people will not sell theaters.

"Sir, what's your name? How big is your theater? Where is it in the North Corner?" Luo Qihong stood up, walked up to the guest and asked with a smile.

When he heard the word theater, an idea suddenly popped into his head that perhaps this could be a good business.

"My last name is Li. The area is 830 square feet and it's located at 139 Tin Hau Temple Road," said the customer Li Jiaming, who knew that Luo Qihong was the owner.

"What price do you want to sell it for?" Luo Qihong didn't know much about the prices of properties like theaters, but the most expensive properties were shops, so this price shouldn't be more expensive than a shop.

"The current price of a cinema in North Point is about 1000 yuan per square foot. I can make it cheaper, at 990 yuan per square foot." Li Jiaming said with a twinkle in his eyes.

"Mr. Li has put the product on sale in how many stores?" Luo Qihong continued to ask, trying to find out some other information that was difficult to ask directly.

"6 companies, including you! I'm in urgent need of money now and need to sell it urgently, the sooner the better." Li Jiaming said expressionlessly.

"Mr. Li, I want to see the information of your theater first, including the property certificate." Luo Qihong suspected that there was something wrong with the theater's origin. If there was really a problem, it would be a big trouble for him.

Fortunately, Li Jiaming took it out easily, which made Luo Qihong inexplicably relieved.

Luo Qihong has been working in the real estate agency industry for three months and has acquired a preliminary ability to identify the authenticity of documents. He judged that the information was all authentic and the owner was Li Jiaming.

"Mr. Li, the rule in our industry is that the selling price is the same in every store. Is the selling price in other stores also 990 yuan per square foot?" Luo Qihong still wanted to be safe.

At this time, Li Jiaming's eyes were evasive, which was obviously different, but other colleagues should not have reminded Li Jiaming.

"Mr. Li, different prices will cause disputes among your peers, and your theater will be difficult to sell," said Luo Qihong.

"The lowest price listed by one of them is 960 yuan," Li Jiaming replied calmly.

"How about this, let's go check out the theater first. If the location is good, I can buy it directly for 960 yuan per square foot. How about that?" Luo Qihong left room for maneuver. As for whether he could not buy it or the price was different, it was none of his business.

"Okay! I'll take you to see it." Li Jiaming did things decisively.

When he arrived at the site, Luo Qihong discovered that the theater was on the first floor, facing the Tin Hau Temple Road, which was a good location.

When we went inside to check, we saw that the screen was showing a pornographic film. It seems that the management of this cinema is really not very good. They have even resorted to showing this kind of film to attract box office, but there are few audiences in the cinema.

"Mr. Li, I have bought your theater. Let's go to the law firm to sign the contract." Luo Qihong immediately made the decision.

Li Jiaming was overjoyed. He didn't expect to find a buyer so quickly. He thought it would take several days.

The two of them went to a nearby law firm together, and it took several hours to sign the contract and transfer the money to the bank.

(End of this chapter)