Huo Beixiao plans to build the department store on the first floor and the cinema on the fifth floor himself.
Only the second, third, and fourth floors need to be leased.
The business recruitment plan outlines the merchants that are planned to be recruited.
Because people's brand awareness hasn't been established yet in this era, there isn't a particularly detailed plan for attracting franchisees in the apparel sector.
The restaurants on the third floor are quite well-organized, with popular options like Western food, hot pot, and barbecue skewers all included in the business plan.
The fourth floor has entertainment facilities including a KTV, dance hall, roller skating rink, and arcade.
Yang Qiaoqiao took one last look at the rental information on the investment promotion plan, which was priced at 50 cents per square meter.
So, a 100-square-meter restaurant would need to pay 50 yuan in rent per month, which is equivalent to a month's salary for many people.
Not to mention shops like KTVs, dance halls, and roller skating rinks, which often require hundreds of square meters of space.
"Brother Xiao, what do you think of a plan to waive the rent for a year and offer free business opportunities for tenants in the first year?" Yang Qiaoqiao asked Huo Beixiao after considering the situation.
She explained, "This business model of shopping malls is the first time it has appeared here. Many people can't accept it yet. They don't know whether it's possible to make money by moving all their businesses into one building. They definitely won't be willing to pay a large rent upfront."
However, if we waive a year's rent, many businesses renting shops will be willing to move in to save on that cost. Once they're there, they'll bring foot traffic to the mall and realize that doing business inside is more profitable than outside, so they'll naturally be willing to pay the rent.
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