He continued scrolling down and saw the investment return analysis.

According to Zhou Yao's prediction, the total investment is 80 yuan, and it is expected to break even in 8-10 months. After that, the monthly net profit will be 8-9 yuan, with an annualized return on investment of over 120%.

This figure is, of course, under ideal circumstances, but even if we fold it in half, an annualized return of 60% far exceeds the system's required 20% threshold.

More importantly, this project has low risk, a simple business model, and stable cash flow.

Yang Fan closed his laptop, having already made up his mind.

[Yang Fan]: "I've read the proposal, it's well done. Are you free this afternoon? Take me to see the venue you chose."

[Zhou Yao]: "I'm free! When are you available, big brother?"

[Yang Fan]: "It'll be two o'clock. I'll be waiting for you at the hot pot restaurant."

Zhou Yao: "Okay! I'll be there on time!"

At 2 p.m. sharp, Zhou Yao appeared at the entrance of the hot pot restaurant.

Today she wore a white shirt with black jeans, her hair was tied in a neat ponytail, and she was carrying a backpack. She really looked like an entrepreneur.

"Big Brother!" Her eyes lit up immediately when she saw Yang Fan.

"Have you had lunch yet?" Yang Fan asked.

"Yes, I've eaten!" Zhou Yao nodded repeatedly. "Shall we go now?"

"Let's go."

The two drove to a commercial street on the west side of the university town.

It's not far from the university of technology and the normal university. The streets are lined with all kinds of small shops—milk tea shops, internet cafes, KTVs, snack shops—and it's bustling with people.

"This is the building!" Zhou Yao pointed to a five-story building.

"The entire second floor is available for rent, with an area of ​​350 square meters. The landlord is a friend of my dad's, and the price he offered was very reasonable."

Yang Fan looked up.

The building is in a great location, situated at the intersection of two streets with a high volume of foot traffic.

The first floor houses a chain milk tea shop and a mobile phone repair shop, both of which seem to be doing well.

"Let's go up and take a look," Yang Fan said.

Zhou Yao led Yang Fan up the side stairs to the second floor.

The landlord was already waiting at the door; he was a middle-aged man in his fifties, surnamed Li.

"Uncle Li, this is Brother Yang Fan whom I told you about," Zhou Yao introduced.

"Hello, Mr. Yang!" Uncle Li shook hands warmly. "Yaoyao has ideas, and I support her!"

"Hello, Uncle Li," Yang Fan replied politely.

Opening the door reveals a spacious and airy interior.

Because it was a bare-bones apartment, the walls were still made of cement and the floor was unfinished, but it had excellent natural light, with large windows on both sides.

"This used to be a training institution, but it moved away last year," Uncle Li explained.

"The area is a solid 358 square meters, with a ceiling height of 4.2 meters, making it perfect for a billiards hall."

Yang Fan walked around the room, silently calculating in his mind.

This area is more than enough to fit twenty billiard tables, and can also be divided into a rest area, a water bar, and a storage room.

The ceiling is high enough that it doesn't feel cramped. The good natural light saves on electricity bills during the day.

Most importantly, the location is indeed ideal—close to both universities, surrounded by entertainment facilities, and a natural gathering place for the target customer group.

"How much is the rent?" Yang Fan asked.

"Yaoyao already told you, right? The monthly rent is 22,000, with a deposit of three months' rent and one month's rent in advance. The contract can be signed for three years, with the rent increasing by 5% each year."

Uncle Li said, "This price is definitely a friendly price on this street."

Yang Fan nodded. This rent level was indeed reasonable, even on the low side.

"What about water and electricity?"

"Commercial utilities, individual meters. The monthly property management fee is one thousand, which is included in the rent."

Yang Fan asked a few more detailed questions, which Uncle Li answered one by one.

"Big brother, what do you think?" Zhou Yao looked at him expectantly.

"Good location, suitable size, and reasonable rent," Yang Fan commented. "But..."

"But what?" Zhou Yao became nervous.

"But you need to consider the renovation costs and timeline," Yang Fan said, pointing to the empty room.

"The renovation here will start from scratch, and the construction period will be at least one and a half months. The renovation cost will also be high."

"I've thought about this!" Zhou Yao immediately took a notebook out of her backpack.

"I did some research last night and also contacted several renovation companies."

"A minimalist industrial-style renovation, including flooring, walls, lighting, and plumbing and electrical work, will cost approximately 150,000 yuan."

She turned to a page that listed a detailed budget:

Epoxy floor coating: 3

Wall treatment and painting: 2

Ceiling and lighting system: 4

Water and electricity renovation: 2

Bathroom renovation: 1.5 yuan

Other miscellaneous items: 2.5

Total: 15

"Regarding equipment, I've contacted several billiard table manufacturers." Zhou Yao continued turning the page.

"A domestically produced mid-to-high-end billiard table costs 18,000 yuan, so twenty tables would cost 360,000 yuan."

"If it's a one-time purchase, we can negotiate a price of 350,000."

"The bar equipment, air conditioning, tables and chairs, POS system... all of these add up to about 100,000."

She looked up, her eyes sparkling: "So the total investment is: 150,000 for renovations + 350,000 for equipment + 100,000 for other expenses + 66,000 for three months' rent deposit = 666,000. Add some contingency funds, and 800,000 should be enough!"

Yang Fan looked at the densely packed numbers and calculations in her notebook and nodded in approval.

This girl is not only highly efficient, but also very serious about her work.

These data are clearly the result of research and not just made up.

"Have you considered the issue of obtaining the necessary permits?" Yang Fan asked again.

"I've thought about it!" Zhou Yao nodded.

"I've checked the procedures for business license, health permit, fire safety permit... I'm sure I can get them before opening."

"Where are the employees?"

"I plan to hire four employees—two cashiers and two to handle ball arrangement and cleaning. I'll hire college students part-time, paid hourly, so the costs are manageable."

Yang Fan asked a bunch of questions, and Zhou Yao answered them all fluently, clearly showing that she had really prepared carefully.

"Uncle Li, can we talk alone for a bit?" Yang Fan said to the landlord.

"Of course, of course! You guys chat, I'll go down first." Uncle Li tactfully left.

Only Yang Fan and Zhou Yao remained in the room.

"Big brother..." Zhou Yao looked at him nervously.

Yang Fan walked to the window, looked at the bustling crowd below, and remained silent for a while.

"Zhou Yao, I'll ask you one last question." He turned around, looking into Zhou Yao's eyes.

"If, and I mean if, this shop doesn't do well after it opens and loses money every month, what would you do?"

Zhou Yao paused for a moment, then began to think seriously.

"First, I would analyze the reasons—is it a location issue? Insufficient advertising? Poor service?"

"If the publicity is insufficient, I will increase the publicity efforts and organize more activities."

"If the service is poor, I will train my staff to improve the service quality."

She paused, then her voice hardened: "But if nothing we do works, and we keep losing money..."

"I won't try to hold on. I'll cut my losses as soon as possible by transferring the store out or closing it down."

"Brother, I will find a way to pay you back the money you invested, even if it means I have to work to pay it back slowly."

Yang Fan looked at her serious expression and finally smiled.

"Okay, I've voted."

"Really...really?" Zhou Yao's eyes widened in disbelief.

"Really," Yang Fan said. "The business plan is excellent, the venue is well-chosen, and you're very well prepared. I'll invest 500,000."

"Wow! Thank you, big brother!" Zhou Yao jumped up excitedly and almost rushed over to hug Yang Fan, but luckily she managed to stop the car in time.

"But there are conditions," Yang Fan added.

"First, I want to be involved in the renovation and equipment procurement, and I need to negotiate the prices down further."

"Secondly, I need to see that all the necessary permits and licenses are in order before the business opens."

"Third, I will review the business reports weekly for the first three months."

"No problem! I'll do whatever you say, big brother!" Zhou Yao nodded vigorously.

"Let's go downstairs and sign the letter of intent with Uncle Li," Yang Fan said. "The formal contract will be signed after your company is registered."

"good!"

The two went downstairs, found Uncle Li, signed a letter of intent to rent on the spot, and paid a deposit of five thousand yuan.

As Zhou Yao walked out of the building, she was still immersed in excitement.

"Big brother, I really... I really want to open a shop!" She looked at the letter of intent in her hand, her eyes reddening.

"Keep up the good work." Yang Fan patted her shoulder.

"But now is not the time to celebrate."

"There's still a lot to do – registering the company, interior design, equipment procurement, employee recruitment…"

"I know!" Zhou Yao clenched her fist. "I will do everything well and will never let my brother down!"

The afterglow of the setting sun shone on the two of them, and Zhou Yao's face was filled with youthful radiance and anticipation for the future.

Looking at this energetic girl, Yang Fan felt a sense of anticipation rising in his heart.

Perhaps this billiards hall could really become a highlight of the university town.

More importantly, by investing in Zhou Yao, he can obtain investment coins, bringing him one step closer to unlocking more items in the system shop.

This deal is a win-win situation no matter how you look at it.

"Let's go, I'll treat you to a meal to celebrate," Yang Fan said.

"I want to eat hot pot!" Zhou Yao said immediately.

"Okay, let's go to my shop."

"Okay!"

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