Chapter 144 Buyout or Profit Sharing?



Xu An returned to the shop at one o'clock. After a while of busy work in the three shops, it was two o'clock. He found an empty table, took out his notebook and pen, and began to plan what he needed to open a braised food shop.

Although braised food can be preserved for a longer time after braising, the extended time is limited in this hot weather, and a freezer is still necessary.

There's not much to consider in this regard; you can simply copy the equipment used in stores like Zhou Baiya.

With a freezer for displaying braised dishes and a box freezer for storing them, the basic facilities are complete.

Xu An doesn't plan to change the packaging or anything like that; he'll just keep using the same packaging as Xu's Fast Food, except that the signboard needs to include the words "braised food shop."

The store's infrastructure has been finalized, but there's still one problem: the braised food!

Yes, braised food.

The recipe used for the braised food is entirely Zhang Dezhen's own secret recipe. To be honest, if Zhang Dezhen were to run away, this braised food shop would be finished.

Money is a powerful motivator. Now, the braised food is sold in Xu's fast food restaurant, with a daily output of about 100 to 200 kilograms. There is some profit, but not much. At most, it covers the expenses such as labor and utilities.

But this is only the current situation. What if sales skyrocket after the braised food shop opens?

It's hard to say whether Zhang Dezhen will open his own shop in the future, since he is the one who controls this technology.

Should I pay money to buy Zhang Dezhen's secret recipe? How much should I pay?

Three thousand? Ten thousand? Thirty thousand?

Buying the secret recipe doesn't erase Zhang Dezhen's memory. Once the braised food business takes off, he can open a shop in another location and compete with me.

The best solution is to leave Zhang Dezhen at Xu's Fast Food Restaurant.

How can we keep him here?

What about revenue sharing based on sales volume?

For example, for every thousand dollars in profit, Zhang Dezhen would receive fifty dollars as a share based on his skills.

The higher the sales volume, the more commission Zhang Dezhen can earn.

Currently, braised vegetarian dishes are priced at 5 yuan per jin (500g), with a net profit of 3 yuan per jin; meat dishes are priced at 30 yuan per jin, with a net profit of 18 yuan per jin.

A profit of 1,000 yuan translates to daily sales of 333 jin of vegetarian dishes and 55 jin of meat dishes.

Based solely on the current daily profit of 100 jin (50 kg) at Xu's Fast Food Restaurant, which is 300-400 yuan, let's take the median of 350 yuan. That means they can earn a commission of 50 yuan every three days.

In a month of thirty days, Xu's Fast Food Restaurant alone brings in five hundred yuan in commissions.

Adding the base salary of 2,300 yuan, that makes 2,800 yuan, which is all net income for Zhang Dezhen.

Zhang Dezhen doesn't need to purchase raw materials, advertise, or pay rent and utilities. Moreover, the wider the sales of braised food at Xu's Fast Food Restaurant, the higher Zhang Dezhen's income will be.

However, while the first option allows you to simply take the money and leave, the second option carries a great deal of uncertainty.

If a braised food shop sells well, it will naturally make a fortune; but if sales are poor, it's like a cooked duck flying away.

In the dead of night, I would wake up in tears, heartbroken, remembering how I once had a sum of money placed before me, but I gave it up.

However, the final decision rests with Zhang Dezhen himself, and Xu An can accept either option.

Even if Zhang Dezhen chose to leave and open a braised food shop, Xu An could accept it.

At worst, Xu An could personally make a trip to Zhang Dezhen's hometown to buy a recipe for braised food.

If you offer enough money, people will naturally be tempted; there's no need to worry about not being able to buy the recipe.

After Xu An sorted out his thoughts and made up his mind, it was already 2:30 pm, the time when Xu's Fast Food Restaurant would close for the day.

After taking off his apron and hanging it on the wall, Zhang Dezhen came out to say goodbye to Xu An and was about to leave when Xu An called out to him, "Master Zhang, there's something I need to discuss with you."

The braised food business has been very stable lately, so it shouldn't be related to this; setting up a stall outside is also going smoothly, and although there's competition, I can basically sell out; I'm also doing my best at work in the shop, and there haven't been any problems.

After going through all sorts of thoughts in his mind and confirming that he had not made any mistakes in his work, Zhang Dezhen cautiously sat down opposite Xu An and looked at Xu An with a little nervousness.

"I've been thinking about it for the past couple of days and I'm planning to rent a shop in the Yinxing office building to sell braised food."

"Boss, are you planning to have me go over there?" Zhang Dezhen asked with a look of surprise before Xu An could finish speaking.

"No, that's not it."

Xu An didn't intend to beat around the bush and directly told Zhang Dezhen his plan and intentions, laying out the two options in front of Zhang Dezhen and letting him decide whether he wanted a one-time buyout or a split.

The sheer volume of information caused Zhang Dezhen's brain to short-circuit for a moment, and it took him a while to reconnect and regain his ability to think.

"If I were to buy it outright, how much would it cost? And after the buyout, would I still be able to work at this store?" Zhang Dezhen asked cautiously.

In his past life, Xu An was chatting with his colleagues when they mentioned that his family used to run a spicy hot pot business. The soup base was very popular with customers, and the place was packed with customers every day.

But later, his parents' health deteriorated, and he was still in school and needed money, so he sold the recipe for the mala tang soup base for eight thousand yuan in 2006.

Now it's 2012, and prices have risen quite a bit. Based on my colleague's selling price, it would be more appropriate to open a shop for around 20,000 yuan now.

"The one-time buyout price is 20,000 yuan. As long as you want, Xu's Fast Food Restaurant would be very happy to let you continue working here."

This chapter is not finished, please click the next page to continue reading!

Continue read on readnovelmtl.com


Recommendation



Learn more about our ad policy or report bad ads.

About Our Ads

Comments


Please login to comment

Chapter List