Hong Kong Variety Show: Let you eat melons, eat melons on your sister-in-law

Chapter 161: The "161" Franchise Model – Monopolizing the Hong Kong Market
How Lin Yao rose to prominence is something that even the members of Hung Hing and the Wo Shing Society find hard to understand, let alone the Hung Hing members.

Just a year or two ago, he was just an ordinary 49er at Wo Luen Shing.

It's truly astonishing that it has developed to this extent in such a short time.

It is precisely for this reason that Han Bin and others are willing to cooperate with Lin Yao.

After all, someone who has never taken a wrong turn is truly terrifying.

Surprisingly, it helped Han Bin, who was mired in a debt crisis, to get back on his feet.

Such a person requires cooperation; non-cooperation is not an option.

As for Wo Luen Shing, Big D goes without saying, as he was one of the first to cooperate with Lam Yiu.

Using the film industry for money laundering is incredibly convenient; not only is the process quick, but the commissions are also relatively low.

Sometimes, you can even make a small profit by investing in just two movies.

Although we missed out on the smuggling boom, it's not too late to increase our bets now.

There are quite a few people who share the same thoughts as Big D, such as Lin Huai Le, who took the initiative to come over.

After a simple ribbon-cutting ceremony, the arcade officially opened.

These brightly colored game consoles on the screen are still quite attractive to these young people.

This is also the main reason why Lin Yao didn't fill the entire arcade with fruit machines.

Using game consoles to attract customers and avoid some trouble at the same time, this kind of business is really worthwhile.

Seeing that the arcade was soon packed with people, Dinosaur and the others, as well as Big D and his group, were all somewhat surprised.

Especially after seeing the terrifying profitability of the fruit machine in just one afternoon, everyone became tempted.

However, arcades also need to have security guards on site, otherwise problems can easily arise.

For example, two young guys playing fighting games got so angry that they started a real-life Kombat match right there on the spot.

Fortunately, Leung Siu-tong intervened in time, preventing the riot from escalating into a fight.

"Choosing that star was exhausting!"

The arcade finally closed late at night, Liang Xiaotang said somewhat speechlessly after a busy day.

The arcade manager took off his coat and wiped the sweat from his forehead: "Damn, we haven't even eaten yet!"

Liang Xiaotang waved his hand: "Don't worry, the boss has already ordered the restaurant to send us food. Everyone should eat more later!"

Hearing Leung Siu-tong say that, the employees and henchmen in the arcade felt a little better.

The store manager was calculating how much money they had made that day when he glanced at the ledger. Liang Xiaotang gasped in surprise, "Holy crap, am I seeing things?"

The store manager smiled and said, "No, I've calculated it several times! It's a total of over 185,000 yuan!"

"Wow, a daily turnover of over 180,000?" Liang Xiaotang gasped.

This number has completely exceeded everyone's expectations.

The store manager nodded: "Most of the profits come from the fruit machines, drinks, and snacks!"

Liang Xiaotang was also somewhat excited. Lin Yao was willing to entrust this business to her, so he certainly wouldn't treat her unfairly.

The next morning, when Lin Yao arrived at the company, the store manager handed over the ledger.

Seeing the profitability, Lin Yao nodded in satisfaction: "Not bad!"

The store manager added with a smile, "And this is even with many people unable to find a seat!"

Jimmy was astonished: "No wonder you insisted on opening this arcade, I didn't expect it to be so profitable! And this is just one store, imagine if you opened two more..."

Lin Yao said with a laugh, "That would cut off a lot of my business! Besides, the arcade isn't my main source of profit."

Jimmy's eyes widened: "Not the main source of profit? Then what are the other sources of income?"

Lin Yao said with a smile, "You'll find out soon enough!"

Just as the group was chatting about where would be a good location for their next branch, the phone on Lin Yao's office desk suddenly rang: "Boss, a few gentlemen are looking for you!"

"Oh, take them to the conference room, I'll be right there!" Lin Yao said directly.

Jimmy asked curiously, "Who's there so early in the morning?"

Lin Yao said with a smile, "Of course it's the Hung Hing group, and Big D and the others!"

"Them?" Jimmy asked, somewhat puzzled. "You're planning to take a share of this business from them?"

"Not only that, the even more important income I mentioned earlier comes from them!" Lin Yao said with a smile. "Let's go, you'll find out in a bit!"

Jimmy followed Lin Yao to the conference room, completely bewildered. Several people were already sitting there.

The Hung Hing team, which had previously collaborated with Lam Yiu, including Dinosaur, Han Bin, and Thirteen Sister, are all present, while the Wo Luen Shing team, including Big D, Big Pu Black, and Fish Head Sign, have also arrived.

Seeing Lin Yao enter, the group laughed and said, "Yao, you made a killing last night, didn't you?"

Daiura Kuro asked directly.

Lin Yao said with a smile, "The ledger is here, take a look!" The group of people couldn't wait to pick up the ledger and pass it around, their faces showing surprise.

This level of profitability is extraordinary. Even the nightclubs and bars they run might not earn this much in a single night, even during their busiest hours.

Big D couldn't wait to ask, "Ah Yao, how do you plan to cooperate?"

When they heard Big D ask a question, they all perked up their ears.

Lin Yao said with a smile, "Everyone has their own territory, so it's not appropriate for us to mix together. It could easily lead to malicious competition. So I've provided a solution that you can all take a look at!"

As he spoke, Lin Yao had his employees place a contract in front of each person.

"Franchise?" Thirteen Sister asked curiously, "What kind of cooperation is that?"

"Hehe, this model started in America in the 19th century. It's nothing new. The fast food restaurants and chain supermarkets you see on the street are also based on this model!" Lin Yao said with a smile.

The group remained silent, continuing to examine the contracts in their hands.

The arcade project that Lin Yao created may be familiar to people in the business world.

But for these gangsters, it was quite novel.

After all, most of the time they choose to make money through unconventional means.

Lin Yao continued, "Don't worry about the fruit machines. I have an electronics factory that supplies us, so there's no need to worry about insufficient supply. As for game consoles, I've already inquired with Japan, so purchasing them will be very convenient!"

Da Puhei said somewhat greedily, "A Yao, you're taking 30% of our profits without doing anything. Isn't that a bit too much? You yourself said that we're responsible for the equipment, the store, the renovations, and everything else!"

Lin Yao raised a finger and shook it, saying, "Brother Hei, that's a bit unfair of you. Fruit machines are my exclusive business. I'm sharing them with everyone, and taking 30% is already very generous!"

"And as you all know, this thing is actually no different from the slot machines in the casinos in Macau, and even more addictive. If you were to open a casino in Macau, you would get more than just 30% of the profits!"

"And I also need to help you solve some other problems, such as... the fact that we're doing this kind of business will definitely attract the attention of the Hong Kong authorities, since gambling is not allowed anywhere except the Jockey Club, right? I'll help you deal with that too!"

Big D was very interested: "So, you can make the arcade operate legally?"

Lin Yao said with a smile, "Of course!"

Hearing Lin Yao say this, everyone nodded in agreement.

From this perspective, a 30% net profit margin isn't really that much.

Having tasted success doing business with Lin Yao, Dinosaur and Han Bin immediately decided, "I have no problem with that. Lin Yao, could you help us set up two arcades to test the waters?"

Thirteen Sister nodded and said, "I'll give it a try first!"

The Hung Hing members agreed, and the Wo Luen Shing members were naturally not going to back down.

Big D even boldly planned to open two more stores, after all, his territory in Tsuen Wan was larger than that of the others present.

After the two parties reached an agreement, they signed the contract directly.

Lin Yao said with a smile, "After all your shops are renovated, I will send someone to help you debug the machines and explain the profit model of my arcade. You can all rest assured!"

"Haha, it's much easier to work with you, Ah Yao!" Han Bin said with a laugh.

Dinosaur laughed and said, "Ah Yao's idea is great, let's all make money together!"

Seeing that both Hung Hing members were praising Lam Yiu so highly, the people from Wo Shing were naturally no exception.

After chatting about some details, the group got up to say goodbye.

They also need time to set up things like the shop.

After seeing these people off, Lin Yao held up the contracts and said to Jimmy, "Now you know how I make money, right?"

Jimmy suddenly realized: "You're planning to monopolize the entire video game industry in Hong Kong!"

Lin Yao said with a sneer, "Not only that, I'm also planning to establish a Hong Kong video game industry union. We'll apply for a legal license from the government, and then anyone who wants to open a video game arcade will have to deal with me!"

"What business is the most profitable? Monopoly is the most profitable!"

Jimmy frowned and said, "Will the Hong Kong government cooperate with you?"

Lin Yao said with a smile, "Otherwise, why do you think I got involved with the Citizens' Party? They took my money, so naturally they have to do things for me!"

"Awesome!" Jimmy finally admitted defeat.

Lin Yao is more than just thinking three steps ahead; he's practically shooting the arrow before even drawing the target.

With this kind of business approach, it would be a miracle if they didn't make money.

And don't forget that Lin Yao also has media outlets under his control. If he stirs things up, the matter will be halfway done.

Lin Yao said with a smile, "This is just the beginning. My ambitions are not limited to any gang. I plan to go and see the highest point in Hong Kong!"

Jimmy sincerely said, "You will definitely become the richest boss in Hong Kong!"

"Hahaha!" Lin Yao laughed and said, "Then you're my CEO!"

Jimmy rolled his eyes: "So you're just planning to make me do your work, aren't you!"

(End of this chapter)