Days in Hong Kong variety shows
Chapter 74 Tang Xin, it turns out there's still some money to be found.
I asked the receptionist to bring in a few bottles of mineral water and energy drinks.
"Excuse me, gentlemen. We don't have any coffee or tea here, so this is all we can offer you." Ms. Tang blushed, and her gentle tone carried a hint of embarrassment.
"Oh, it's alright, drinking some plain water would be better." Mr. Cao didn't seem to care.
"By the way, Ms. Tang, I'd like to ask why you want to transfer ownership of this gym? After all, it seems like you've put a lot of effort into it!" Cao Tai said first after taking a sip of water to moisten his throat.
Ms. Tang Xin frowned slightly, and after a moment she spoke: "To be honest with you, Mr. Cao, I've only been running this gym for a little over half a year. I handled all the decoration and layout myself."
The contracts were all for five years with the building owners, and the original intention was to operate long-term. However, as you know, the market hasn't been very good this year, so we're facing some financial difficulties...
"Are you experiencing difficulties in your business?"
"Oh, no, apart from a slight loss in the first two months after opening, the gym has been profitable in the following months, and the profit has been gradually increasing."
After all, there are many large companies in Tsim Sha Tsui, and some senior managers or white-collar workers have fitness needs. Even if this isn't my first choice, it's definitely in the top three." Although she needs to transfer ownership, Ms. Tang doesn't want to sell it cheaply.
"So, what exactly is this financial difficulty you mentioned...?"
"My father's company needs some funds to tide him over," Tang Xin quickly explained.
"Understood! So, what is Miss Tang's proposed transfer fee?"
"I used high-quality materials for the renovation here, which cost over 60 yuan. The gym equipment is all imported, which cost nearly 30 yuan. If I transfer the lease agreement to you as well... would 150 million yuan be acceptable?"
Tang Xin hesitated for a moment before finally speaking in one breath, but then paused for a few seconds when she got to the transfer price.
Cao Tai pondered for a moment, while Ms. Chen from the commercial negotiation company was only responsible for leading the way. Mr. Cao had not entrusted their company with negotiating prices, so she was just sitting quietly to the side.
"If Mr. Cao has any doubts, I can provide you with some information to review. We currently have nearly 300 members, including 60 senior members. Our fee schedule is 2000 yuan per month for senior members and 500 yuan per month for junior members."
The monthly membership fees are 18 yuan, and with individual customers, the monthly turnover is over 20 yuan. After deducting rent, utilities, and employee salaries, we even made a profit of 2 yuan last month!
Ms. Tang blushed again as she finished speaking. After all, such a large gym only earns 2 yuan a month, and after deducting income tax, she only earns a little over 1 yuan a month.
Investing nearly a million, and judging by this profitability, it will take almost 10 years to break even. What a 'good' deal!
150 million is just a small sum for Mr. Cao today, but to spend 150 million just to find a place to train and train those tough guys, and then have to spend tens or hundreds of thousands every month, seems a bit unworthy.
After all, Mr. Cao works very hard to earn money. He stayed up all night last night to find 3000 million. Moreover, finding money like this depends on luck. If you find it once or twice a year, you're considered lucky.
No, the Central Police Station has Chan Ka-kui, the furniture market war god, and the Central Police Station Chief is Lam Lei-meng, so Guan Cai-ba must be a real person.
Which Swiss bank does he keep his money in? What's his account number? What's the password? How much money is in the account? It must be at least tens of millions of dollars, right? Wouldn't it be a miracle if he didn't pick up that kind of money?
Should I go to Malaysia and kidnap Cheng Yingsi's sister-in-law? I wonder if she's in Hong Kong or Malaysia right now? Since I've thought of that, then those knives are mine, they're all my money!
"Mr. Cao..." Ms. Tang Xin saw that Cao Tai had been silent for a long time, his eyes were a little unfocused, and the corners of his mouth couldn't help but twitch into a Nike-like arc, so she couldn't help but speak up to remind him.
"Oh, sorry, I was just thinking about something happy and I lost my composure a bit." Cao Tai instantly reverted to his aloof demeanor.
Then he turned to Tang Xin and said, "Ms. Tang, the transfer fee isn't really a big problem. The issue is that I'm currently lacking someone to manage the gym..."
His gaze casually swept over the magnificent landscape, and he couldn't help but marvel at how well those people were eating.
"Mr. Cao, aren't you going to run your own gym?" Tang Xin asked, a little puzzled.
"I have my own things to do. The main reason for acquiring a gym is to provide a place for some of my brothers to train in peace," Cao Tai said, waving his hand dismissively.
"Mr. Cao, do you think I'm alright?" Tang Xin asked with a sweet smile.
Cao Tai stared intently at her until her face flushed red, then gestured for her to continue.
"I graduated from Rice University with a degree in kinesiology. I interned at several sports clubs in Houston and also studied at the largest fitness chain in the United States for a year."
I just returned to Hong Kong this year and opened this gym. According to my estimate, this gym can accommodate a maximum of 600-800 members.
After all, most members are on a monthly private coaching subscription model, and members only book classes. In theory, the number of members can be expanded further.
However, in order to provide members with a better fitness experience, the number of participants should be appropriately controlled.
If we can have 600 regular members, and more than one-third of them are premium members, theoretically, after deducting expenses, the monthly gross profit could reach half of the revenue.
Tang Xin was going all out for her ideal, after all, she had poured almost all her heart and soul into this gym.
Cao Tai looked at Miss Chen with a hint of doubt.
"Rice University, located in Houston, Texas, is a top-tier private research university. Its kinesiology and sports management programs are consistently ranked number one in Texas. Of course, many of its other disciplines are also world-class," Ms. Chen said, well-informed.
"How about this? I'll still pay 150 million yuan to take over your gym, but you have to stay and work as the gym manager, with a monthly salary of 5000 yuan."
In addition, I'll give you 10% of the net profit as a bonus. As long as you make the gym's performance outstanding, your income will increase dramatically, and you'll also have a place to realize your dreams.
Cao Tai stared intently at Tang Xin's face, which was full of collagen.
"Okay, thank you very much for your trust, Mr. Cao. Shall we find a lawyer to handle the formalities now? I also need to notify the landlord to come and draft a new lease agreement with you." Tang Xin felt relieved, and a smile returned to her face.
"Let's go to the law firm. You can invite the homeowner over, and we can handle all the paperwork together." He then stood up.
Tang Xin also stood up, picked up the mid-length women's trench coat from the back of the chair, and put it on. When she fastened the corset, her slender waist and the curves of her upper and lower body formed an amazing silhouette, making even Miss Chen drool with envy.
The three of them opened the door and went out. Tang Xin gave some instructions to the receptionist at the front desk, and then went straight to the elevator entrance to wait for the elevator.
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