Going home for the Chinese New Year with a year-end bonus of 100 million
Chapter 102 Shop Management 1
After saying goodbye to the first glib landlord, the group quickly arrived at the second alternative location.
This is an old residential area on the outskirts of the university town. The streets are narrow, lined with old residential buildings, and full of life.
The shop is located on a street, only a seven or eight-minute walk from Yang's vegetable stall, but it is somewhat remote from the core area of the university town.
"This is it."
The landlord this time was a middle-aged man who looked very honest. His surname was Wang. He was dressed simply and spoke frankly.
He opened the roller shutter door, and a faint smell of cooking oil mixed with the scent of dust wafted out.
"This shop has been empty for three months. It used to be a stir-fry restaurant, and business was okay. But then the owner had to go back to his hometown because of family matters," said Wang, pointing inside.
The shop is very square, about 80 square meters, with windows at the front and back, so the lighting and ventilation are quite good.
Because we used to run a restaurant, the kitchen was very spacious, and there was even a separate small cubicle that could be used as a vegetable washing area or a storage room.
"The rent is indeed cheap," Zhou Yao whispered to Yang Fan as she walked around the store.
"There's no transfer fee yet. But this location... I estimate the customer traffic will be less than half of the first store's. It's mainly residents from the surrounding neighborhoods; students probably won't make a special trip this far to eat here."
"And this place needs to be renovated, which will cost a lot of money," Xiaoya chimed in, wrinkling her nose as she looked at the peeling walls and greasy floor.
"The main problem is... the atmosphere here feels a bit old-fashioned, not youthful enough, which makes marketing difficult."
However, contrary to their opinion, Lin Xiaoyu and her mother's eyes lit up the moment they entered the kitchen.
"Mom, look! This place is so big!" Lin Xiaoyu exclaimed excitedly, gesturing to the name of the place.
"This space would be more than enough to fit two large stoves, a food preparation area, and a serving area! Plus, there's a small room we can use specifically for washing vegetables!"
Lin's mother was also beaming with joy. She paced back and forth in the spacious kitchen, her satisfaction evident on her face.
"This kitchen is great! It's spacious and bright, making it comfortable to work in, and there's plenty of room to put things!"
For them, who are busy in a small kitchen all year round, a spacious, bright, and well-organized workspace is more important than anything else.
"This rent is really reasonable..." Wang Xiuying, listening from outside, couldn't help but be tempted.
Li Cuihua, however, was somewhat worried: "It's just a bit far from the school. Will the students really come all the way here to eat?"
Zhou Jin silently opened his tablet, his fingers flying across the screen, bringing up maps and data.
"I checked, and within a three-kilometer radius of this store, there are four medium-to-large residential communities with a total of about 20,000 permanent residents, whose spending power is below average."
"However, according to big data analysis, students may account for less than 30% of customers."
Just as everyone was lost in their own thoughts, the landlord, Brother Wang, spoke up in a simple and honest manner:
"If you really want to rent and renovate, I know a few experienced craftsmen who do a good job and have reasonable prices. I can introduce them to you."
Yang Fan noticed that when he said this, his eyes were sincere, without the slightest hint of cunning.
He had already made up his mind, but he still planned to visit several more companies before making a decision.
After thanking the landlord, Wang, they led everyone to the next location.
……
The third shop is located on the back street of the Industrial University.
This is a paradise for students. The entire street is densely packed with all kinds of snack shops, milk tea shops, stationery stores and internet cafes, bustling with noise and excitement.
The shop they wanted to see was located at the corner of an intersection on this street, a prime location.
This is an L-shaped shop of about 70 square meters, facing the street on two sides. The huge glass windows expose everything inside the shop to the view of students coming and going.
"This location is amazing!" Zhou Yao's eyes lit up as soon as she got out of the car.
"Look! Isn't this the only route students take back to their dorms after class? This location is worth the price!"
The shop was originally a printing shop with very simple decor, almost bare walls. However, it had a very high ceiling, estimated to be over four meters.
The landlord was a shrewd, thin old man. Seeing that there were many of them, he knew they were important clients, and his face was full of wrinkles as he smiled.
"My shop's monthly rent is 15,000, three months' deposit and three months' rent in advance." He quoted the price, watching the slight change in the expressions on everyone's faces, and slowly offered up the bait:
"However, if you're serious about renting and sign a three-year contract, I'll give you a six-month rent-free period! You can decorate as you like!"
"It can even be used as an attic!" Xiaoya pointed to the high ceiling, her imagination already running wild.
"Wow, this L-shaped layout! We can build a cool bar and food display area at the corner, and booths on the other side. Add a small loft upstairs with some beanbag chairs, and it'll definitely become a popular Instagrammable spot!"
Lin Xiaoyu frowned. She squeezed into the corner that had been designated as the back kitchen. The space was cramped and had only one small window.
"Brother," she said to Yang Fan with concern.
"The kitchen is in this corner, it's too small, and there might be ventilation problems."
"Moreover... I just counted, there are five or six hot pot, maocai, and mala tang restaurants on this street alone. The competition is too fierce."
Lin's mother followed her in for a look, then shook her head: "The kitchen is a bit cramped..."
Wang Xiuying and Li Cuihua were startled by the exorbitant rent and muttered to themselves:
"15,000 a month?! And you have to pay three months' deposit and three months' rent in advance, that's way too expensive!"
On Zhou Jin's tablet, data was being refreshed at lightning speed.
"If we calculate based on a three-and-a-half-year lease, the actual monthly rent is about 11,400 yuan. From a unit price perspective, the cost-effectiveness is actually quite good. However," he pointed to a figure flashing red on the screen:
"Within 300 meters, the competition index for similar restaurants is as high as 8.2 out of 10."
"This means that this is an absolute red ocean market."
Yang Fan was not swayed by the opinions of others. He carefully examined the load-bearing wall structure of the house and asked the landlord about the restrictions on renovations.
The landlord patted his chest and assured him, "As long as you don't touch those load-bearing columns, you can change it however you want. Fire safety and plumbing are all fine!"
……
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