The next day.
Hardy brought Sean and real estate sales to the City Bank in Los Angeles.
Walking into the luxurious bank lobby, the receptionist asked, "Excuse me, gentlemen, who are you looking for?"
"Let's look for Director Kevin Madden." Sean said.
“Do you have a reservation?”
"Just tell him we're here to discuss the purchase of the toy factory. He should know that."
The front desk lady looked at the people and picked up the phone to call Kevin's office. "Manager Madien, there are three gentlemen downstairs who want to discuss the purchase of a toy factory with you. Do you have time to meet them?"
Kevin on the other end of the phone heard the word "toy factory" and thought that they had finally arrived. He quickly said, "Oh, yes, we have an appointment. Please ask them to go to the reception room on the third floor. Daisy, please take them there. I'm afraid they don't know where to go."
"Okay, Mr. Madiun." The receptionist responded.
After hanging up the phone, the receptionist smiled at Hardy and the other two and said, "Mr. Madiun, please go to the third floor. I will take you there. Please follow me."
The receptionist led the way to an elegantly decorated reception room on the third floor and helped make coffee for them.
This was not the first time the salesperson came to the bank, but he had never been treated like this. He wondered why Mr. Hardy was so enthusiastic this time. Could he be a big shot?
Thinking of this, the salesperson looked at Hardy carefully.
Soon Kevin came into the reception room with another middle-aged man, and smiled when he saw Hardy and others.
"Hello, I'm Kevin Madayn, the head of the credit department, and this is Dave, the head of the non-performing asset management department of the credit department."
It was the first time Hardy met Kevin Madden. Oh, the last time this guy had a hood over his head and he didn't see his face.
"Hello, Manager Madden, my name is Sean, and this is my boss, Mr. Hardy, and this is from the real estate company's sales department. We are here to discuss the toy factory matter with the bank." Sean said.
Kevin looked at Hardy and thought that this must be the friend of their boss that the robber mentioned. As long as the deal was done this time, the robber promised not to ask him for ransom in the future.
"Hello, Mr. Hardy." Kevin extended his hand warmly.
"Hello, Mr. Madayn." Hardy shook hands with the other party.
The two parties sat down and entered into negotiation mode. Dave smiled and said to Hardy:
"Mr. Hardy, I believe you have already obtained the information about the toy factory from the sales company. The bank's quotation is 98,500, which is actually a very affordable price."
"Just based on the land price, the land price in West Hollywood is now $1,800 per acre. The factory has 18 acres of land, which is worth $32,000. And it's close to Hollywood, so there's huge room for appreciation in the future."
"The toy factory's factory buildings, warehouses, and dormitories originally cost more than $20,000 to build. You don't have to build them yourself and can put them into use directly. This can save at least half a year."
"There are also the machines in the toy factory. At that time, the toy factory was one of the largest plastic toy factories in Los Angeles. The machines were also newly replaced. The owner bought the machines for more than 40,000 US dollars."
It was indeed unlucky for the toy factory owner. He took out a loan to buy new machines and was preparing to produce new toys, but he didn't expect that a military material control would cost him his life.
After Dave finished his introduction, he looked at Hardy and said:
"To be honest, Mr. Hardy, that toy factory is very popular and many people are ready to buy it. If Mr. Hardy is interested, it's best to make a decision as soon as possible, otherwise it might be taken by other buyers."
Hardy smiled, he knew this guy was playing sales tactics on him.
"I went to see the site. It's true that the land is 18 acres, but it's far from Hollywood and the price is not even $1,800 per acre. I think $1,300 per acre is a reasonable price."
Dave thought how could it be possible, the price was too low, and he started discussing it with Hardy. The two sides talked back and forth for a long time, but Hardy just insisted on the price of 1,300 and refused to budge.
Dave was a little annoyed and wanted to sell it to someone else, but then Kevin Madden spoke up.
"The location of the toy factory is not very good. I think the price of $1,300 per acre mentioned by Mr. Hardy is very reasonable."
Oh~!
Dave was stunned.
He looked at his boss in surprise.
How come you agreed to the other party's price?
But Kevin Madayn was his direct superior, and now that Kevin had spoken, Dave had no way of refutation.
The real estate company salesperson sitting next to him was also puzzled.
Banks are not philanthropists.
They actually agreed to lower the price, and the reduction was so huge.
He glanced at Hardy secretly and thought that he had asked Mr. Hardy yesterday to find someone from the bank to lower the price. Now the bank was willing to lower the price so much. It must have found someone with real power.
Is it the bank president?
Whoever it is, the fact that he was able to get the bank to lower the price so much shows that Mr. Hardy has strong connections.
After the land was confirmed, Hadi continued:
"I went to see the factory. The building had fallen into disrepair and many places were in a terrible state. I bought it to renovate and rebuild it, so the price of the building, $20,000, was unrealistic. I thought it was at most $5,000."
Dave was getting anxious.
"Mr. Hardy, those factories, warehouses, and dormitories were only built four or five years ago. There is nothing wrong with the main buildings. They only need to be renovated and they will be as good as new."
"It's still too expensive." Hardy shook his head.
Dave was ready to argue.
Kevin Madden next to him spoke again, smiling and saying to Hardy, "I've seen the data. Those factories are built with wooden frames and planks. Last year's report said that termites were found around them. How about this, the price is set at $6,000. Do you think it's appropriate, Mr. Hardy?"
Hardy smiled and nodded. "Well, I think $6,000 is a reasonable price."
Dave was surprised that his boss agreed to the price.
Boss, which side are you on?
The sales were even more surprising, from 20,000 to 6,000. Mr. Hardy's knife is really sharp.
Hardy added:
"As for those machines, they are all three years old. They have been idle for three years and many of them have rusted and corroded."
"The machines are being updated very quickly nowadays, and they are already outdated. Besides, I am mainly interested in the location, not in producing toys."
"If we sell those machines, they will be scrapped and probably won't even fetch $3,000."
Three thousand dollars.
Dave nearly jumped up.
“Even if they’re sold second-hand, those machines can fetch $10,000,” Dave exclaimed.
"Then you can sell it, I have no objection." Hardy waved his hands.
Dave was speechless for a moment.
Banks are not in the business of doing business. If they have a batch of second-hand machines in their hands, who will sell them? Do you have to do it yourself?
"Mr. Hardy, banks always handle assets in packages, there is no such thing as retail," Dave said unhappily.
"Then make it cheaper. I'll consider it as paying for the land." Hardy said.
Dave thought to himself, the price you paid for the land was not expensive at all, it could even be considered a super low price.
Are you still planning to not spend a penny? Our bank is offering two.
At this time, Kevin Madden, who had been silent for a long time, spoke again.
"Mr. Hardy, what you said does make some sense, but our bank always sells things in packages. If you want to buy the land, you must buy these machines together."
He paused for a moment and continued:
"I think it would be better if I lowered the price a bit and sold it to you at the second-hand price. How about the total price of $8,000?"
Kevin said this and looked at Hardy, his eyes full of inquiry.
Dave blinked vigorously, wondering why Manager Madden had changed his style today. You know, in the past, when he argued with customers about prices, he would haggle over a few hundred dollars for a long time.
Hardy did some calculations in his mind.
18 acres of land $23,400.
Building $6000.
Production equipment USD 8,000.
The total price is 37,400, which is more than half of the original price. I'm afraid this is Kevin Madden's limit.
"Well, I accept the price, let's sign the contract." Hardy said.
Kevin Madden heaved a sigh of relief when he heard Hardy's agreement. This matter was finally done, which was equivalent to earning him 5,000 US dollars.
Real estate sales were surprised.
He had never expected this price. He thought it would be great if Hardy could get a few thousand dollars cheaper. He didn't expect it to be reduced from 98,000 to 37,000, a full 60,000 dollars cheaper.
The most incredible person was actually Dave. Even though he signed and confirmed that the toy factory belonged to Mr. Hardy, he still couldn't figure it out.
How could it be sold to the other party at such a low price for no apparent reason?