Technology Tycoon: From Real Estate Tycoon To Technology Overlord

Buji Subdistrict Office, Longgang District, Jibaijia Head Office.

In the general manager's office, Zhang Wenqian sat on a chair, rubbing his eyebrows gently.

His face showed fatigue, and the company's sales last month were displayed on the table.

Looking at the total profit on the report, it was more than 200,000 less than last month, leaving less than 500,000.

Zhang Wenxian felt powerless all over his body. You must know that this is the total profit of eight supermarkets.

On average, the profit of a supermarket is less than 100,000 yuan, which can be said to be not profitable at all.

I originally thought that when I announced my intention to sell the supermarket in the first half of the year, I would soon find a company to take over.

It's a pity that reality dealt him a heavy blow. In the past six months, no company wanted to acquire him.

Among them, he also personally visited several peers to propose acquisitions and mergers, but they were all rejected one by one.

He had no choice but to persevere. In the past six months, due to his neglect of management, the company had become increasingly chaotic, and it was estimated that it would start to lose money in a few months.

Several of the old suppliers complained to him, but he had no energy or drive at all in his sixties.

Originally, I wanted to leave it to my son to take over, but unfortunately my son just wanted to work deeply in the Internet industry and refused to take over.

Just then, there was a knock on the door.

The person who came here was his assistant who was recruited just a year ago. Every time he saw his energetic senior Zhang Wenqian, he felt very envious.

"General Manager, a company just contacted us and said it wanted to acquire the company."

Ye Mei came to Zhang Wenxian and told the good news.

"Are you sure you heard correctly?" Zhang Wenqian's excited hands began to tremble when he heard that someone wanted to acquire his company.

"I confirmed several times that the other party really wanted to acquire the company."

"Is the other party that company? Is it also a supermarket chain?"

Zhang Wenxian's first thought was that the supermarket chain wanted to expand and had chosen Gibaijia.

After all, in the current situation, no one would want to enter this industry.

"No! It seems to be a new company." Ye Mei denied.

When Zhang Wenxian heard that it was a new company, he didn't know what to say.

…

In the next few days, Zhang Wenqian and Yang Manli contacted each other at the Saixico Building.

After discussions between the two parties, the newly established Tiansheng Department Store invested 53.2 million to acquire eight supermarkets owned by the other party.

Of course, although the acquisition intention was reached, the transaction was not completed immediately. The contract was signed the day after.

Tiansheng Department Store immediately dispatched a financial team and a legal team to Jibaijia Company.

Check the financial status of the other party's company and whether there are any legal disputes, etc.

You wouldn't know if you didn't check. After checking, it was discovered that Jibaijia actually owed more than 280 million yuan in payment to its suppliers.

Of course, the real number is not that high, after all, it includes those goods that are being sold.

Normally, supermarkets let suppliers distribute goods first, then take inventory of sales every month and then settle payment based on sales.

But after taking stock, all the store's goods plus the company's cash amounted to less than 240 million.

Among them, there are more than 30 million vacancies, which is very serious now. This shows that the other party has misappropriated the supermarket's deposit money, which is the supplier's payment.

Zhang Wenqian was directly blinded by the results of the investigation, and he kept this situation hidden from his eyes.

Without saying a word, Zhang Wenqian immediately called the police. However, within half a day, several people from the accounting department and several store managers were discovered.

The day after Tiansheng Company entered Jibaijia to investigate, he had already run away, and now he can't be found at all.

…

"Mr. Li, I really didn't deceive you on purpose. I really didn't know about it."

Sitting on the sofa, Zhang Wenqian hurriedly explained to Li Yu, who was more than ten years younger than his son.

Li Yu naturally believed in Zhang Wenqi. After all, if the other party knew about it, how could he be found out so easily by his own people?

It is estimated that Tiansheng Department Store would have refused directly at the beginning, and Tiansheng Department Store sent people to the other company to check the accounts.

"I believe in you, Boss Zhang." Li Yu smiled and waved: "But the most important thing right now is how you plan to end it."

Hearing that Li Yu believed that he had no knowledge, Zhang Wenxian's tense expression relaxed significantly.

After all, it has been rumored that the company is currently short of about 40 million yuan. If Tiansheng Department Store gives up the acquisition.

It can basically be a death sentence for Jibaijia. In less than two days, several suppliers have come to the main store and blocked the door to ask for payment.

"Mr. Li, you see, our company does have some financial problems, but the eight stores are really there."

Li Yu made it clear: "It is impossible for me to bear the debts of your original company."

Zhang Wenji was naturally aware of this and quickly expressed:

"Mr. Li, of course I don't dare to ask you to bear the company's debts. I came here this time to discuss the acquisition details with your company again."

Next, the two parties began to discuss the new acquisition plan, and after an hour of discussion.

In the end, a preliminary agreement was reached. The acquisition funds were still the original price, but Jibaijia must immediately clear the payment for all suppliers.

After the liquidation was completed, Tiansheng Company invested in the acquisition of eight supermarkets of the other party, and it only acquired the ownership and employees of the eight supermarkets.

If Tiansheng Department Store does not take over the head office and those operating personnel, then it will depend on whether Zhang Wenqian chooses to dismiss the employees or what happens.

Of course, the other company naturally does not have the funds to pay off the goods, so an off-site contract appears, and Tiansheng Department Store provides a loan to the other party.

It is estimated that after the final acquisition is completed, the dissolution of the company will only save less than 10 million. Of course, he is very satisfied with it as he is tired of it.

The dealers and manufacturers who originally thought that Jibaijia would not be able to pay for their goods immediately became enthusiastic when they heard that the accounts were to be settled, and they started to calculate the accounts one after another.

Within three days, all dealers and manufacturers went up to clear their accounts.

Next, Tiansheng Department Store conducted another round of review to determine that the other party was indeed free of risks. Tiansheng Department Store and Jibaijia officially entered the acquisition process.

…

"You said that if Tiansheng Department Store wants to continue to develop, it would be best to set up its own logistics distribution center?"

In the office, Li Yu put down Yang Manli's latest plan and said.

Yang Manli: "Yes, if Mr. Li wants to grow, I suggest directly contacting manufacturers.

However, manufacturers cannot deliver to every supermarket like dealers, so they must have their own logistics and distribution centers.

At that time, we will get the goods directly from the manufacturer, and then the distribution center will distribute the goods to all supermarkets.

Another advantage of this is that it can better control the flow of funds and avoid situations like Jibaijia. "

Wanting to enter the chain department store and supermarket industry, Li Yu has been learning industry experience these days.

Naturally, we know that the profit margins of docking manufacturers and docking dealers are completely different.

But if you want to connect with manufacturers, it is not something that ordinary department store supermarket chains can do.

The construction cost of a logistics distribution center alone is at least hundreds of millions, which has already blocked the door of small supermarket chains.

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