I Don’t Want To Be A Young Master

Chapter 70:   Seventieth

Yuanfeng Shopping Center and Yuanfeng Supermarket have their own premises and the entire building is their own. There is no such thing as rent. When it comes to expenses, it is nothing more than utility bills, industrial and commercial taxes, and personnel expenses. What do you think? , You don’t need 3 million a week?

Both Shen Mengyan and Duan Pengfei knew that Ye Feng didn't understand, and feared Ye Feng would misunderstand him, Shen Yangmeng explained: "Mr. Ye, the tax alone cost 2 million."

"I fuck!"

Ye Feng couldn't help it, and exploded with a foul language.

"So high? Is the tax bureau stealing money?"

Originally, Ye Feng thought he was robbing money, but now he saw that he was robbing money. I grabbed the money myself, and at any rate I invested and paid, but I did it well, and when I sat in the office, my money came out.

Shen Mengyan and Duan Pengfei did not speak, no matter how high the tax is, they are all collected in accordance with the proportion of the tax law. If you want to pay less, unless you make false accounts.

But Ye Feng also complained a few words, he wouldn't do anything like false accounting.

Before overthrowing the Ye Family, he had to make sure that he was innocent, and he couldn't get rid of this kind of thing.

After the slight pain, Ye Feng no longer struggled, and it was not only his family who legally paid taxes. The more taxes he paid, the more he made money. There was no need to be unhappy about this kind of thing.

Seeing that Ye Feng’s complexion improved, Duan Pengfei said, “Now it’s just opened, the business continues to be hot, and the turnover is somewhat inflated. According to my estimation, the average daily turnover should be between 8-10 million. The average monthly net profit can be around 30-50 million."

"That is to say, the annual net income is around 400-600 million?"

Ye Feng nodded, he was quite satisfied with the result, and this number was in line with his psychological expectations.

After all, a single store can bring an annual profit of more than 400 million yuan, and the prospects for more branches in the future will be immeasurable.

"Yes, if there is no big change in the future, it shouldn't be difficult to maintain a 400 million annual profit."

Speaking of this, Duan Pengfei was also a little emotional. Although he believed Ye Feng for a long time and believed that the industry would definitely make money, he did not expect to make such money.

In the past, the Golden Dragon Group had a market value of more than one billion yuan, and it has to be said that it had been operating in Tianhai City for many years, but now the Yuanfeng Group can make a Golden Dragon Group back in two years, which is just a store.

To be honest, Duan Pengfei regretted it a little. If Golden Dragon Group had not invested in it, it would have been better to start business early.

But there is no regret medicine in the world, and it's boring to think about them now.

Now that Yuanfeng Shopping has laid the foundation, if Yuanfeng Shopping can really be made bigger, Duan Pengfei can also drink spicy food along with it. Besides, let him do it by himself early, without Ye Feng's courage.

These thoughts flashed in Duan Pengfei's heart. He looked at Ye Feng and said, "Mr. Ye, there is something else."

"You said."

"That's what I think. Yuanfeng has made money, but I can't hide it from others. Maybe someone is looking at us now. I think, should we start a chain plan?"

"So anxious? We've just opened for a week."

Duan Pengfei said: "It is indeed a bit hasty, but the opportunity is not to be missed. The reason why Yuanfeng was successful is that this is the first supermarket of this size in Tianhai, and it has monopolized the entire market of Tianhai. Now there are many large international retail groups staring at the domestic market. In the third-tier market, opportunities cannot be given to them."

Ye Feng fell into deep thought.

What Duan Pengfei said is reasonable, but the steps are so big, okay? If you encounter risks, all previous efforts will fall short.

Ye Feng was thinking about advancing and retreating, Duan Pengfei and Shen Mengyan did not speak, waiting for Ye Feng to make a decision.

After thinking for 5 minutes, Ye Feng finally made up his mind.

Chaining is definitely going to be done, but it can't be done simply by talking.

Some issues still have to be discussed.

Ye Feng looked at the two capable men and asked: "The funds transferred from the Golden Dragon Group are all used to distribute goods. Now that we open a branch, where does the money come from?"

Even though Yuanfeng Shopping is very profitable, but the time is too short to open a branch soon, it will not be able to produce so much cash.

The key branch must be about the same size as the main store, and to build a supermarket of the size of Yuanfeng Shopping, the investment does not cost hundreds of millions.

"I don't think money is a problem. We can borrow money. It doesn't need to be too much. In the early stage, about 100 million yuan is enough, enough to set up a regional chain in the cities around Tianhai."

Ye Feng shook his head: "The bank is so easy to talk about? A 100 million loan, looking at Tianhai City, there are few that can get it, right?"

"Shopping malls can be used as collateral, you can see our profitability, there will be no risk"

Before Duan Pengfei finished speaking, Ye Feng rolled his eyes and interrupted: "Don't think about it. It is too risky to mortgage the entire industry. I agree to expand, but I don't agree to such a risk."

Duan Pengfei shut up obediently.

He is a bit unwilling to expand. If he doesn't take advantage of the current momentum to expand, is he going to watch others grab his own territory?

Seeing Duan Pengfei's loss, Ye Feng was helpless.

He didn't deliberately attack Duan Pengfei, but the fact is that he did not open a bank. Although Yuanfeng has the foundation of Jinlong, Jinlong itself is not enough to look at, and it can be awesome in small places like Tianhai.

In fact, Yuanfeng shopping is so profitable, and Ye Feng wants to start the chain as soon as possible, but there is no way if there is no money.

Saying a thousand words and ten thousand is the fault of lack of money!

Ye Feng and Duan Pengfei were discussing, and Shen Mengyan had been listening quietly. At this moment, seeing the two bosses frowning, she coughed.

"Mr. Ye, Mr. Duan."

Ye Feng and Duan Pengfei looked at him at the same time, with doubts in their eyes.

Shen Mengyan felt uncomfortable, she didn't understand that these two were all human beings, so why couldn't such a simple truth be clear?

"Two leaders, I said that the first month net profit of the Supermarket should not be less than 50 million."

"Ok."

Ye Feng nodded. Of course he understood that, after all, he made 27 million in a week after opening.

Seeing that Ye Feng hadn’t figured it out yet, Shen Mengyan couldn’t hold back anymore, and said helplessly, “It takes time to open a branch? Do we have to buy a house? Is it possible to rent a house? The rent can’t cost much, right? It takes a long time for decoration, right? We have already opened up the channels and they are ready-made. It doesn't cost much, personnel expenses, and we have to wait for the formal business to talk about it. Don't think about it now?"

Shen Mengyan said a lot in one breath, and she was relieved to see that Ye Feng and Duan Pengfei understood.

"You mean"

Ye Feng understood, Duan Pengfei also understood, the two looked at each other, and finally couldn't help but smile.

The two of them have gotten the wrong idea, thinking that a large amount of cash is necessary for chain operation.

In fact, even if you start to select a location to build a branch today, it will not be completed within two or three months from planning to opening.

Not to mention that Yuanfeng Shopping has made 50 million profit this month, even if it is only 30 million, it is enough to start expanding!

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