Rebirth of the Strongest Tycoon

Chapter 692 Cash cows with monthly turnover of 400 million

Rebirth: The Most Powerful Heng 692 Author Huang Laoshi Full text 2386 words

The audition for "Super Girl" is still in full swing. More and more contestants stand out, and many of them have superior family backgrounds and use resources to enhance their reputation. For them to do this, Universal Satellite TV does not stop them. Anyway, this is a huge star-making movement, and they are willing to do it themselves. Anyway, the final beneficiaries will only be Universal Satellite TV and Universal Music. As long as smart people know an unspoken rule, as long as they are still competing, they must never sign with other music companies. Otherwise, don't even think about going down! Universal is getting better and better, and so are the other companies. Take Jiuding Real Estate Group, for example, as soon as October entered, the real estate transaction volume skyrocketed. This is mainly due to the plot of land that Xia Yu asked Liu Shihao to buy before, as well as the properties under development before. On the 1st of this month, the Shek Kip Mei to Kwun Tong section of the Heung Kong Metro was officially opened to traffic, and the housing prices along the subway line soared, rising by three floors in just ten days, which is crazy. But the faster the price rises, the more buyers. The sales hall is crowded every day, all of them are people showing houses or lottery. This section of the road has the most land owned by Jiuding Real Estate Group! Of course it is the most profitable! Hearing Liu Shihao's report on the turnover, Xia Yu just smiled and encouraged him. According to some media statistics, since the beginning of the year, the average price of residential buildings in Xiangjiang has risen by 52% compared with the beginning of the year. In particular, after MacLehose returned from the mainland in April, he brought a message from the north to "reassure investors in Hong Kong", which reassured most of the Chinese in Hong Kong. Xia Yu knew very well that house prices in Xiangjiang still had to rise! This is not something he can stop. Instead of being compassionate and compassionate, it is better to follow the trend of the times and grow together. Generally, the fourth quarter of each year is the time when the consumption field rises sharply. To this end, Xia Yu specially convened a meeting with the heads of the major subsidiaries of Jiuding Retail Group in order to understand the details of each company and make strategic adjustments. The meeting was held in Jiuding Building, and the heads of five companies including 7-11 convenience store, Wellcome supermarket, Mannings Pharmacy, IKEA furniture and Jiuding Electric were present. Xia Yu sat at the top, and the staff in the chairman's office sat at the end to take notes. His eyes swept across the faces of Fu Kai, Zhou Cheng, Wang Liang, Lin Sen, Song Hai and others, and Xia Yu nodded in satisfaction. "First introduce the achievements of each company, then put forward the problems encountered in the development process, and solve the problems that can be solved on the spot." After setting the tone, Xia Yu looked at Fu Kai, who was sitting on the far left. Bow slightly, and then start reporting the results. "With the strong support of the chairman and the parent company, the 7-11 convenience store chain has achieved leapfrog results. The company has been implementing the plan to open ten stores every week, and now has 450 stores, of which Heungkong Kowloon owns There are 120 stores, 100 in the New Territories, 150 in Hong Kong Island, and 80 in Aomen." "The company has 1,520 employees... The total revenue last month was HK$10.7 billion..." For Not only was Xia Yu not happy about this achievement, but he frowned slightly. This expression fell into Fu Kai's eyes, and his heart thumped. In fact, in Xia Yu's view, this speed and revenue are indeed low. He knew very well that in 2012, the 7-11 convenience store group had more than 56,000 stores around the world, including 16,000 stores in one island country. Among them, the 16,000 stores in the island country alone have 300,000 employees, and the annual turnover has reached more than 60 billion US dollars. After careful calculation, the average annual turnover of a store is 3.75 million US dollars, and the average monthly revenue is 310,000 US dollars. But now, considering the 7-11 convenience stores in Hong Kong, the 450 stores have a combined monthly revenue of HK$10.7 billion, an average of HK$237,000 per store, which is just over US$50,000 in US dollars. The gap with the island countries has reached more than five times. Although the time span is 40 years, Hong Kong is not a mainland, and the gap with Europe and the United States is relatively small, and it will not depreciate money six times in 40 years. Therefore, the 7-11 convenience store chain still has a lot of potential to be tapped. After Fu Kai finished reporting, he looked at Xia Yu nervously,

After realizing that the chairman had no intention of speaking, he breathed a sigh of relief in his heart. "Zhou Cheng." After Xia Yu named him, Zhou Lima from Wellcome supermarket got up and bowed, and then began to report. "Chairman of the report, Wellcome Supermarket Co., Ltd. opened a new supermarket in Mong Kok again in September. At present, the company has 12 large supermarkets and 18 medium-sized supermarkets. The average monthly revenue of large supermarkets is about 6 million, and medium-sized supermarkets. The monthly revenue is around 3 million, and the total revenue last month was 132 million Hong Kong dollars..." Xia Yu is still satisfied with this result, but there is still potential to be tapped. In the mainland of later generations, as long as the management is good, a 10,000-square-meter super-large supermarket can achieve an annual turnover of 500 million yuan and a peak monthly revenue of 41 million, which is equivalent to 46 million Hong Kong dollars. Now the large supermarkets here in Xia Yu are generally between 1,500 square meters and 2,500 square meters, and the monthly revenue of 6 million Hong Kong dollars is certainly not bad. Moreover, the population density of Xiangjiang is much higher than that of the mainland, and the consumption level is naturally higher. "Report to the chairman..." Next, Wang Liang, Lin Sen, Song Hai and others reported one by one. After the expansion of Mannings Pharmacy, there are 48 stores in Hong Kong and Austria. Because of its relatively large scale, IKEA Furniture City has so far only had four flagship stores, three in Heung Kong and one in Aomen. The last is Jiuding Electric Co., Ltd. Xia Yu also heard Song Hai's report last month, so I won't mention it here. In general, the five subsidiaries of Jiuding Retail Group are developing well. In the retail business, the cash flow is terrible, and it can also suppress the supplier's payment for one to three months. The money is all in Jiuding Bank. The monthly turnover of Jiuding Retail Group can reach 400 million, and it has made a huge contribution to Jiuding Bank. "I have also listened to your reports, and in general they are all worthy of praise." "But except for Jiuding Electric, the expansion of the other four companies is now limited to Xiangjiang and Aomen. Although it is conducive to laying a solid foundation, one year's expansion is limited. Time is enough, it's time to get out of Hong Kong and Macau." Xia Yu concluded. Lin Sen, the general manager of IKEA Furniture Co., Ltd. hesitated to speak, Xia Yu nodded to him, and he immediately reported: "Chairman, our IKEA furniture situation is rather special." "IKEA is a Swedish company, and Jardine was at that time. During the period, in order to develop the market in Xiangjiang, IKEA licensed Jardine to open a store in the form of a franchise store, and only needed to pay a certain franchise fee every year." "After you take over, this clause remains unchanged, but IKEA only offers The franchise rights of Xiangjiang and Aomen have been obtained, so if you want to expand externally, this is a problem you have to face!" PS: Ask for tickets

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