Reborn Xiangjiang as a Tycoon

Chapter 14 Acquisition of arcade factory

The next day, Lin Baicheng followed Chen Gao to visit three arcade machine factories.

Because these three arcade factories have just entered the industry a few years ago, the factories and equipment are quite new, which means they are different in scale and number of workers.

Lin Baicheng chatted with the three bosses respectively, and learned from them that it was not unprofitable to assemble arcade machines. Their factories were now making profits, and it was not because they were not doing well that they could not continue to operate, so they wanted to sell the factories.

Lin Baicheng was puzzled at the time and simply asked. He didn't understand why they chose to sell the factory when they could make money.

In this regard, the bosses of the three factories did not hide it and told Lin Baicheng the reason.

The reason is the same, that is, you earn hard-earned money by assembling arcade machines, but you cannot make a lot of money. The majority of it goes to the authorized game companies.

If we change it to one or two years ago, the economic crisis had just passed and other businesses were not very safe. Although the income from arcade assembly was not much, it was relatively stable. That was why they entered this industry at that time.

But things are different now. The economic crisis has passed. Hong Kong's economy is continuing to recover, and all walks of life are very profitable. As a result, the arcade assembly industry, which used to be a stable and profitable industry, does not seem to be very profitable anymore. At least it is not as profitable as other industries.

Compare.

The bosses of the three arcade machine factories all want to change careers and enter other industries. Unfortunately, everyone knows that the arcade machine assembly industry is not as profitable as other industries, so they cannot sell the factories they have at the price they want. Lin Baicheng wants to buy it

, and they want to sell.

However, after all, this is a stable and profitable industry, so the three bosses have no idea of ​​selling at a low price. Instead, they all demand a certain premium. Otherwise, they would have sold it long ago. It is just because they have not negotiated a price with others.

Lin Baicheng did not refuse the request for a premium. He was considering which arcade machine factory to acquire.

The two smaller arcade factories are almost the same, no matter which one is purchased, Lin Baicheng has enough cash on hand to purchase them, and the remaining money is enough to produce new games.

The larger one offered three million Hong Kong dollars. Lin Baicheng didn't have that much cash on hand. Logically speaking, he couldn't buy it and shouldn't consider it. But Lin Baicheng was considering whether to buy this arcade machine factory.

The reason why I am interested in buying this arcade machine factory is that it is the largest factory with many skilled employees. I own the land for the factory building, so it is more convenient to expand. Even if I want to expand bigger in the future, there are many around the factory.

As for the vacant land, as long as you can afford the money, you can buy it together.

In addition, Lin Baicheng also found that the boss of this factory is quite far-sighted. He hired an employee in Los Angeles in the United States and Tokyo in RB. The two employees' cultural level is not very high, but they have been playing games for many years.

And they often hang out in game venues. If there is a popular game released in the two countries, they will definitely know it immediately and notify the company here in Xiangjiang. Then the boss can immediately find the relevant company to authorize it and assemble and sell it locally in Xiangjiang.

The familiarity of these two foreign employees with their country's game venues is also a fortune for Lin Baicheng. If his games are produced, they can not only be sold locally in Xiangjiang, but also sold abroad through these two employees.

Open up the global market faster.

In view of this, after thinking for a long time, Lin Baicheng decided to buy the largest arcade factory in Kwun Tong.

Lin Baicheng only has more than 1.1 million Hong Kong dollars in cash. The permanent publishing rights of the novel were sold for 1.5 million Hong Kong dollars, yes, but the problem is that tax must be deducted, so it is impossible to get the full amount. Other than that,

, he also spent 200,000 Hong Kong dollars to buy something, which was a big investment.

There was not enough cash, but fortunately Lin Baicheng still had 25% of the shares of Star Daily. This time he did not sell the shares, but got a bank mortgage for a loan of HKD 2.5 million.

In fact, the value of 25% of the shares of Star Daily is not more than 2.5 million Hong Kong dollars, but the problem is that the bank will not grant the loan in full, at most 70% to 80%.

The reason why he did not sell his shares this time is because Lin Baicheng will write a sequel to "The Storm" in the future. At that time, it can be serialized in Xingxing Daily, so that the serialization of Xingxing Daily will not decline significantly.

It may even continue to grow, increasing the market value of the newspaper.

Of course, this is also because a loan of 2.5 million Hong Kong dollars is enough for the time being, otherwise Lin Baicheng would not mind risking everything for the production of a new game.

It was already five days before I got the loan from the bank.

After receiving the loan, Lin Baicheng took his lawyer Chen Gao to sign a purchase agreement with the owner of the arcade factory. The 2.85 million Hong Kong dollars negotiated in the previous two days purchased the arcade factory and the more than 2,000 square meters of land where the factory is located.

With this acquisition, even if Lin Baicheng's arcade game career does not go well, with the land in hand, he can still make a lot of money after waiting for a few years. In other words, if the timeline is stretched out for a few years, this acquisition is a stable one.

Make money without losing money.

"Lin Sheng, congratulations!" "I also want to thank Mr. Qin for transferring the factory to me."

After the two parties signed the contract and Lin Baicheng paid the money, they both shook hands happily.

Lin Baicheng is happy that he has taken over the arcade factory and is about to enter the gaming industry to flex his muscles and make more money.

Qin Xiangyang was happy that the factory was finally sold at a reasonable price, and he could use the money to enter the textile industry that he was more optimistic about.

Qin Xiangyang said: "Lin Sheng, I will take you to hand over the job later, and then I will take away a few relatives. As for the other employees, it depends on you, Lin Sheng, whether you want to keep them or retire."

"They are all skilled workers. As long as there are no problems with them, I will stay."

Lin Baicheng said with a smile that although arcade machine assembly is not a highly skilled job, it is okay to hire new people to do it, but it is definitely better to have skilled workers. No boss will reject skilled workers.

"That's good."

After hearing this, Qin Xiangyang said: "If they were fired right after the factory was sold, it would be quite difficult for me. After all, they are my old friends who have been with me for two or three years." As for why he didn't bring these people to his new company.

The reason for going to a factory is because he wants to enter the textile industry and would definitely prefer employees with relevant work experience.

Lin Baicheng and Qin Xiangyang left the office together, went to the workshop, and summoned all the employees working in the entire factory.

The employees have also known in the past few days that the factory has a new boss, so they are all a little uneasy, wondering whether their work will be affected by the new boss.

Although Xiangjiang's economy has been recovering in recent years, in this small and crowded city, it is not so easy for ordinary people at the bottom with little education to find a stable job.

Therefore, factory employees are inevitably worried about their future, fearing that they will be fired and affect their family's livelihood.

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(End of chapter)