Chapter 461 Preparing to Open a Restaurant (Part 1)
Huang Duoduo and An Xin successfully enrolled in school, and Li Man and Chen Xiaohui were relieved. They began to prepare to open a restaurant.
Tan Xiyuan had already found a shop in Chinatown, a street-front shop of 130 square meters, with a monthly rent of US$20,000.
She has already paid a deposit of $10,000.
Tan Xiyuan's face turned green when she heard about the rent.
After paying her daughter's tuition, she only had 200,000 yuan left, which is equivalent to 28,560 US dollars, enough to pay only one month's rent.
"Isn't this rent too expensive? Should we look for something else?" Chen Xiaohui couldn't help but say.
"It's not expensive. The rent here is like this. When I first came here, I searched for a long time before I found this shop," Tan Xiyuan said.
"With such high rents, how can we make any money?" Chen Xiaohui asked with a worried expression.
Tan Xiyuan laughed and said, "Don't think it's expensive just because you convert the money to RMB, because what you're earning here is US dollars!"
Chen Xiaohui thought about it and agreed. In China, a monthly rent of 20,000 yuan for a 130-square-meter shop wouldn't be considered expensive.
"Is it easy to hire a chef here?" Riemann asked.
“It’s not hard to hire chefs. I’ve asked around, but the salaries are high. A good chef will earn at least ten thousand US dollars a month, and an average one will earn at least four or five thousand US dollars,” Tan Xiyuan said.
"Are there many barbecue restaurants here?" Riemann asked again.
"What? You want to open a barbecue restaurant?" Tan Xiyuan asked instead of answering.
“We have that idea. After all, the requirements for being a barbecue chef aren’t that high, and the wages are relatively low. If all else fails, Xiaohui and I can do it too, since we’ve done it before,” Li Man said.
Chen Xiaohui quickly chimed in, "Yes, I also think making barbecue is a good idea. It's a quick way to make money, and most importantly, we've all done it before, so we have experience."
Tan Xiyuan hesitated for a moment: "But wouldn't it be a waste to use such a large shop for barbecue?"
Looking at the shop in front of her, Li Man felt that it would be a waste to use such a large space for barbecue, so she gave up the idea of opening a barbecue restaurant. "Forget it, let's just open a restaurant instead."
Seeing that Li Man had compromised, Chen Xiaohui stopped saying anything. Since the shop had already been found, she could start doing it first. Once she made money, she could open her own barbecue stall. There was no rush. As long as she could endure hardship, she would definitely make money.
Thinking this through, Chen Xiaohui chimed in, "Then let's open a restaurant."
Since they decided to open a restaurant, they started to divide the work. Chen Xiaohui was more meticulous, and she was originally an accountant, so she was in charge of the money and purchasing.
Riemann was in charge of managing the shop and greeting customers.
Tan Xiyuan's baby is still young, so Li Man told her to focus on the baby first and come to the store to help out whenever she has time.
"In that case, you shouldn't pay me a salary."
Tan Xiyuan said, "I just need to take the dividends."
Chen Xiaohui asked, "Xiyuan, have you calculated it? How much investment will our restaurant require in total?"
Tan Xiyuan said, "I've calculated it. Opening this restaurant will cost at least three million."
Chen Xiaohui asked in surprise, "So many?"
Tan Xiyuan smiled and said, "My budget is in RMB. If converted to USD, it would be around 400,000. The main problem is the expensive renovation. The renovation and equipment purchases are the biggest expenses, costing at least 200,000 to 300,000 USD. I've already negotiated the rent with the landlord. It's one month's deposit and three months' rent in advance, which is 80,000 USD. There are also some miscellaneous expenses. All in all, it would take at least 3 million to open."
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