"Then, Old He, how much would it cost to open a 200-300 square meter restaurant in a good location?"
Xia Yu asked the senior for advice.
Because the farm's production capacity is limited, Xia Yu does not plan to open more branches in the future, so he just wants to run one store well.
"In a good location, the rent per square meter is at least eight or nine yuan. Two hundred square meters costs fifty thousand yuan a month."
The shops and office buildings in Shanghai are all charged on a per square meter per day basis, so to open such a restaurant, the monthly rent alone would cost Xia Yu a day's salary.
Doesn’t seem like too much?
"For renovations, if you factor in the design, plumbing, electricity, materials, labor, and everything else, a good renovation should cost a few hundred thousand. Labor wages are a small expense..."
After listening to He Jiawen's explanation from beginning to end, Xia Yu had a rough idea in his mind.
The initial investment is about two million, and this is because the supplier is me.
Xia Yu converted most of the money he had into Bitcoin. Due to the good growth in recent times, he was able to get about 830,000 yuan in cash, which was about 1.17 million yuan short of 2 million yuan.
This number seems like a lot, but as long as Xia Yu spends frugally during this period, he can save it in about twenty days, which is less than a month.
For Xia Yu, money is not a problem, but the selection of kitchen staff and management personnel is a problem.
As a full-time college student, he doesn't have the time or patience to stay in the store all the time. A reassuring store manager and a chef who can produce stable products are particularly important.
Xia Yu didn't have time to slowly search, select, and negotiate, so perhaps he could only pay a headhunter to do it.
"Okay, I'll take all of this into consideration."
"Old Xia, you have to remember that starting a business requires more thought and effort. You can't be reckless. I know quite a few idiots who act on impulse and end up losing all the New Year's money they've saved for years. Don't you think it would be better to buy a car with that money?"
It is indeed very good, but most people do not have self-awareness and start a business on impulse, which ends up in a mess. The rich second generation only loses their pocket money and New Year's money, while ordinary people may lose their grandparents' pension.
"I understand. We'll do some market research first. If we really want to take action, we'll probably have to wait until the second half of the year."
Xia Yu said in a serious tone that he would not feel bad even if he lost all the two million, but the most important thing was that it would be embarrassing!
If Lao He and the others knew about this, I would probably be ridiculed for several years.
"Then I'm relieved. I will definitely bring my friends to show my support."
"OK!"
After discussing this topic, the two began to focus on the delicious food in front of them.
The two of them spent nearly five thousand yuan on dinner, which was paid by Xia Yu, so after dinner He Jiawen took him to a nightclub, saying that it would be a pity not to go out after eating so many oysters in the evening.
Xia Yu didn't understand this sentence at first, but when he saw him leaving with girls hugging left and right, he understood it immediately.
I have to say that Lao He is also a man of temperament!
Similarly, there were many beautiful homeless young ladies who wanted to go back with Xia Yu, but unfortunately he didn't agree to any of them.
These days what matters is equal exchange. They don't teach Xia Yu English, French or Japanese, so why should he do charity?
I rejected everyone, jumped into the car and went home, thinking to myself how exciting it was.
Nothing happened that night. The next day, Xia Yu started collecting information about restaurant management.
A restaurant can also be seen as a business, and how to run a restaurant requires knowledge of business administration. So this time, Xia Yu did not feel that he had not learned enough. Instead, he felt that it was great to have knowledge that he could take out at any time.
Of course, we should not get carried away by this. Such an advantage can only be maintained by continuous charging.
After lunch, Xia Yu took a short break and went back to his study to work when he suddenly received a call from someone trying to sell him a credit card.
He looked very strange at this, because the other party was not a scammer, but was inviting him to apply for the legendary AE black card.
"Hello, Mr. Xia. Based on our assessment of your assets... our bank sincerely invites you to apply for a Centurion Black Card."
Xia Yu was a little confused by the long chatter.
"Wait, you're from Minsheng and you want to apply for a card from me?"
"Yes, if you have time, please go to our branch to fill out the relevant authorization documents. The head office will then review and mail them to you."
"No, I heard you guys want an average daily deposit of tens of millions, right?"
Xia Yu knew that there were both application and invitation systems for black cards, but didn’t the invitation system depend on the average daily deposit?
"I'm sorry, Mr. Xia, you're referring to China Merchants Bank's invitation conditions. We at Minsheng Bank have already lowered our requirements."
The sweet voice continued, but just the moment she said it, Xia Yu felt so low.
What do you mean by lowering your standards? You have completely shattered the good impression I have of black cards after reading so many articles about super-rich people.
There are three banks in China that have cooperated with American Express to issue Centurion Black Cards, namely China Merchants Bank, Minsheng Bank and Bank of China. Their application conditions are different, but without exception, they all have high standards.
This tacit understanding was broken in 2017. A traitor emerged from one of the three companies and adopted a loose policy on issuing black cards. They even launched a marketing campaign with a 40% discount on annual fees.
Therefore, Minsheng Bank only needs to have a net value of real estate of more than 12 million yuan and an average daily deposit of more than 5 million yuan per quarter to easily get a card.
Xia Yu does not have 5 million in savings, but the house under his name is worth four or five 12 million, and he has not taken out a single cent of loan, which means he is better than a customer with 5 million in cash.
Banks also want to compete for customers. Minsheng Bank doesn't care about its reputation and chooses to flood the market with money, probably just to seize the market!
The small rich cannot compare with the big rich, but as long as the order is completed, their consumption capacity is stronger than that of ordinary people!
"Then I'm sorry, I don't have any plans to apply for a credit card for the time being."
After Xia Yu finished speaking, he hung up the phone without giving the other party a chance to speak again.
He will definitely apply for a black card, but definitely not now. Moreover, the card that is used to increase people's livelihood is not very useful, and the amount that can be used for swiping must have been castrated.
This would be meaningless. How embarrassing would it be if Xia Yu wanted to swipe his wallet to buy a Lamborghini but the POS system said the balance was insufficient?
In fact, Xia Yu's worries were not wrong at all. After adjustment, the limit of Minsheng Bank's black card was between 500,000 and 10 million, but the customer service deliberately did not mention it.
Taking all these into consideration, Xia Yu still prefers Bank of China. You know, the savings card his family uses to pay his living expenses is from Bank of China, although it has now become his exclusive sign-in salary card.
But who knows what will happen in the future? He waited for the other two companies to call him.
But then again, the bank is really powerful. They quickly conducted an asset assessment on Xia Yu. Even his parents don’t know how rich he is.
Throwing the phone aside, Xia Yu continued with the work at hand.
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