A three-nothing youth, dumped by his girlfriend, flees the city to open an inn in Dali.
As his business is difficult to develop, he experiences a pure love story of red and white roses, with ...
I laughed as I interrupted Ping Ge: "Take a good look, did you miss a zero?"
Ping glanced at me, then counted again, and was immediately shocked. He grabbed me and whispered, "Holy crap... 900,000 in monthly revenue! You dare say you're not shady!"
I shook my head: "Actually, you're being too optimistic. It's really impossible to achieve a turnover of 900,000. I estimate that the peak season during the Chinese New Year period will only last for a maximum of 15 days, so the full occupancy period can only be counted as 15 days. For the remaining 15 days, we can probably only achieve a 50% occupancy rate."
"What was that revenue?"
"Six hundred thousand is definitely achievable."
After doing some calculations, Brother Ping asked, "If everything goes smoothly, how much money can you make?"
I replied patiently, "Let's put the rent on a high note. If it's 5,000 yuan a month, the rent cost would be 100,000 yuan. Hiring three cleaning ladies would cost 2,000 yuan each per month, so the labor cost would be 6,000 yuan. Utilities would be 4,000 yuan. In addition, there would be some investment in renovations, and we would also need to buy beds and bedding, but I estimate it wouldn't exceed 200,000 yuan. So, in total, we could make a net profit of... 290,000 yuan!"
Brother Ping looked at me with even more disbelief, and after a long while, he said, "You earned in one month what three white-collar workers earn in a year. No matter how you look at it, it's shady!"
"Look at your understanding, it's always so problematic! ...Is this black magic? This is using a unique perspective to uncover the potential value of this commercial street. Most people can't see it, and they can't do it...Besides, I also have to put up more than 300,000 yuan of real money to invest in this. If Dali's tourism market isn't as booming as it was last year, I'll also have to bear the risk of losing money, right?"
"That's true, after all, the market can change in an instant."
"So stop calling me 'dark-skinned'! This is a genuine venture capital investment, after all!"
Brother Ping nodded, and after a while replied, "Okay then... I have four vacant shops here, simply renovated, I'll rent them to you for five thousand yuan a month... If you can also rent these 16 shops in front of us, then you'll really have a total of 20 shops!"
I was completely dumbfounded. It turns out you really can't judge a book by its cover. This guy, who looks old and unambitious, actually bought four shops in Jiulongju... no, if you include the one he uses to open a coffee shop, that's five in total! ...How much money did that cost!
After my initial folly wore off, I couldn't help but wonder, who exactly is this person who can buy 16 shops in one go and renovate them all?