ยฉNovel Buddy
I Have a Wealth Gathering Array-Chapter 250: Everyone Is Shocked
"Opening in late February until the end of March, our Cyan Mist Hot Pot Restaurantโs turnover was 1,530,000, with a net profit of 220,000!"
In reality, the hot pot restaurant has high turnover, but the net profit is actually very low. ๐๐ง๐๐ฎ๐ฌ๐๐ซ๐๐ธ๐ฟ๐ฎ๐.๐ฌ๐ค๐ถ
Many hot pot restaurants seem to be doing well from the outside, but in reality, they may not be making much money, and many are even losing money.
Because hot pot has no obvious regional restrictions, there is room for development anywhere, and in many cities, the number of hot pot restaurants consistently ranks among the top three in the food industry.
And with more restaurants, the competition becomes greater, naturally narrowing the path.
Faced with competition, owners have to start lowering profits, and the prices of things like vegetables and meat are actually transparent, unlike clothing, where there can be a lot of fluctuation; factory clothing costs a dozen or so, but can be sold for hundreds in the store.
But if vegetables are three yuan, no matter how much you mark them up, itโs impossible to sell them for more than a dozen or twenty.
If itโs too expensive, people simply wonโt buy it.
A casual report online, and the hot pot restaurant becomes famous.
High costs, combined with expensive shop rents, plus deducting the wages of a large number of employees, etc., after various expenditures, the remaining net profit is roughly about fifteen percent of the turnover.
Even so, upon hearing about the 220,000 net profit, Wei Xin and others were all delighted.
220,000, this has already exceeded their expectations, and with these calculations, even the one with the smallest share can get more than 20,000!
Hu Congrong continued: "Thatโs the profit, but as mentioned before, most of the profit will be used as the restaurantโs working capital to prevent any changes, so this time weโre taking out 100,000 for dividends."
Upon hearing this, Wei Xin asked, "Sister Hu, is 120,000 working capital enough?"
"Itโs enough."
Hu Congrong smiled and said, "Iโve factored in the restaurantโs expenses, the 120,000 is just kept in the store to handle any special situations, and if there arenโt any, it will remain in the store."
"Alright, now according to everyoneโs share ratio, first is Qin Yun."
Hu Congrong said, "Qin Yun, you need to come to the restaurant more in April, donโt just leave it be."
She said half-jokingly.
Qin Yun put in the most funds, which is how the hot pot restaurant opened so quickly.
However, while everyone else was busy at the restaurant, she spent most of her time there, but Qin Yun rarely came, and even when he did, he didnโt stay long, practically shirking responsibility.
"Alright." Hearing Hu Congrong mention him, Qin Yun could only smile and say.
He was a bit helpless too; with Celestial Fortune Clothing so busy in March, he certainly wouldnโt be spending time at the hot pot restaurant.
Hearing this, Hu Congrong said nothing more. According to the contract agreement they signed, if he kept shirking responsibility, his shares would be reduced later on.
If Qin Yun continued like this, that would have to be done.
However, Qin Yun wasnโt really concerned about the shares.
The money was distributed, and everyone present was filled with joy.
They were all college students, and this money was still quite a lot for them, and based on the current profitability of the hot pot restaurant, earning tens of thousands a year seemed completely possible.
"Alright, this is our first dividend, our hot pot restaurant will still rely on our hard work..." Next, Hu Congrong said some encouraging words before everyone dispersed.
"Qin Yun, you go eat hot pot, Iโm going to my grandmaโs." Yu Leyao said with a smile.
"Be careful on the way." Qin Yun nodded and said.
"Got it." Yu Leyao waved her hand and turned to leave.
After she left, Qin Yun approached Zhao Kanghao and the others. At this moment, Zhao Kanghao and the others looked at Qin Yun repeatedly, their faces showing a strange expression.
"Whatโs the matter?"
Seeing their expressions, Qin Yun asked, puzzled.
"Qin Yun, are you the major shareholder of Cyan Mist Hot Pot Restaurant?" Eventually, Zhao Kanghao spoke up and asked.
They had heard Xu Tian mentioning it earlier and had been holding back for a long time. Now that they saw Qin Yun coming over, they quickly asked.
Hearing this, Qin Yun was a bit surprised by who Zhao Kanghao and others had heard it from, and as he thought about it, he nodded and said, "I invested a bit."
There was no reason to deny it.
"A bit? Qin Yun, Brother Qin, youโre being too modest." Zhao Kanghao continued to ask, "The hot pot restaurant took 850,000 to start, how much exactly did you invest?"
His dad was in business, so he was exposed to some of it from a young age. If several people are investing together, the major shareholder is estimated to own at least over thirty percent of the shares.
"A little over forty thousand." Qin Yun said casually.
"A little over forty thousand?"
Hearing this, everyone present was startled.
They were using their familyโs money, with monthly living expenses of a few thousand, and some even had just over a thousand. Over the four years of college, they probably wouldnโt use more than tens of thousands, but Qin Yun had quietly come up with over forty thousand!
What kind of student could just come up with that much money?
Even their parentsโ savings werenโt this much.
"Qin Yun, are you a rich second-generation?" Zhao Qing was very curious, staring at Qin Yun intently.
"Well, I just made a little money outside." Qin Yun said casually.
Zhao Qing was a bit skeptical and said, "Did you win a car again outside?"
The group chatted with various questions, clearly very interested in Qin Yun investing in the hot pot restaurant.
Qin Yun responded perfunctorily, without revealing any key information.
Even Jiang Yi couldnโt help but ask, "Qin Yun, you just went to collect dividends, you must have gotten a lot, right?"
Her impression of Qin Yun had always been average; after all, judging by his overall dress, he seemed quite ordinary, but she realized she had misjudged him.
"Not much."
Qin Yun shook his head and said, "The net profit of the hot pot restaurant is actually very low, and the newly opened store has many expenses."
He explained a bit without mentioning how much he had gotten.
"Alright, letโs eat hot pot, Iโm hungry." After chatting for a while, Qin Yun didnโt feel like talking anymore; he hadnโt disclosed the Celestial Fortune Clothing thing earlier, just to avoid dealing with this kind of scene.
Seeing that he didnโt want to say more, Zhao Kanghao and the others couldnโt ask more questions.
At the table, Cheng Daxiong occasionally glanced at Qin Yun, contemplating something.
After finishing the hot pot, the people from the two dorms strolled down the street for a while before returning to school.
In the girlsโ dormitory, after washing up, several girls sat on the bed, talking about the dayโs events.
"I didnโt expect Qin Yun to be so wealthy! To be able to come up with over forty thousand!" Zhao Qing couldnโt help but exclaim.
As soon as she opened her mouth, she talked about Qin Yun.
The main thing was that todayโs events had a huge impact on her.
(Thanks to Half-Life Liang Liang Liang Dao Shang for the 1600 reward, thanks to Little Dumpling cc for the 1500 reward, thanks to Person Smoldering Under the Phoenix Tree for the 1249 reward, thanks to Cool ใท่ for the 1199 reward, thanks to Mantou for the 200 reward, thank you. Requesting monthly tickets and recommendation tickets!)







