Urban: Becoming a principal from a junior college!

(After readers’ reminder, I modified the sales volume in the previous chapter to 36 million. Sorry...)

Ye Chen looked at the monthly report of Xingchen Restaurant.

Lu Jing was sitting opposite him, introducing it to Ye Chen.

"First of all, the ingredients we use are all high-quality ingredients."

"Ingredients account for the majority, and the purchase expenditure is about 7 million RMB!"

"Rent accounts for a very small proportion, which can be almost ignored."

"There are a total of 600 management, logistics, finance, kitchen helpers and other personnel!"

"At your request, all employees, waiters, and even kitchen helpers have signed formal employment contracts and paid five insurances and one housing fund!"

"And because of our high work intensity, our salary is generally about 30% higher than the average salary of the same industry in Tianhai City."

"So the final per capita expenditure is about 12,000 RMB, a total of 7 million."

"Restaurant maintenance, loss, water, electricity and coal cost 3 million per month!"

"Students get 10% per month, plus 5% at the end of the semester!"

"Total expenditure is 5 million!"

"There is also a part of tax expenditure!"

"So the total monthly expenditure is about 26 million!"

"Net profit is 10 million RMB."

"My family holds 20% of the shares, and the net profit is 2 million."

"Xingchen Academy has a net profit of 8 million!"

Hearing this, Ye Chen smiled.

This net profit is actually low.

For example, the expenses for staff salaries are too high.

The aunties who help in the kitchen are covered by five social insurances and one housing fund.

This leads to higher expenses.

But this is Ye Chen's request.

As for why?

This is not even Ye Chen's kindness, but the bottom line of the law.

Ye Chen thinks that as a school, it should abide by the labor law.

If even a school, a place for teaching and educating people, does not abide by the labor law.

Who else can be expected to abide by it?

And if there are no five social insurances and one housing fund, the future of employees is not guaranteed.

Being a kitchen helper is basically the bottom with extremely low income.

There is no guarantee for the future, which is too miserable.

As for the high salary for employees, Ye Chen does not feel sorry at all.

For Ye Chen, making money is really not difficult.

He has a system. If he only has the goal of getting rich, then his vision is too low.

High income for employees is good for the whole society.

Because employees have money in their hands, they can consume.

Only by spending can there be demand.

Let more factories and enterprises produce more products.

Thereby creating more jobs and allowing more people to have jobs.

This is good for the entire economic cycle.

On the contrary, if all the money is taken by a small number of people.

The income of other people at the bottom is only enough for food and clothing, and mortgage.

There is no money to consume, and they have to tighten their belts to live.

Then the economy will have big problems.

Of course.

Only Ye Chen does this, and it is estimated that it will not bring much impact to the whole society.

But Ye Chen doesn't care.

Ye Chen's life indicator is: as long as you think it is right, do it!

As for whether it is useful or not, it doesn't matter, just do it first.

After years of persistence, you can always see the effect.

...

"I'm sorry, because of some of my requirements, your family's share of the profit is too small."

Facing Lu Jing, Ye Chen said apologetically.

The other party's net profit is only 2 million per month.

Hearing this, Lu Jing smiled: "With a monthly net profit of 2 million, an investment of 40 million can be recovered in 20 months."

"The payback period of large-scale catering industry is about one year and six months."

"In fact, it is not much different."

"But can other restaurants guarantee that they will always be popular? No!"

"But Xingchen Restaurant is different. Every year, Xingchen Academy provides a steady stream of high-quality chefs, which can always guarantee high-quality taste and quality."

"Such a restaurant will never lack customers."

"It will not be directly cold just because a wave of popularity has passed."

"Relying on Xingchen Restaurant, my family can guarantee a cash flow of nearly 20 million every year."

"For such investment opportunities, some catering giants are willing to rush to invest."

"So to be honest, it is actually our family that should thank you for the cooperation opportunity."

Lu Jing is telling the truth.

Ordinary people want to get their money back as soon as possible when investing.

But for wealthy capital, they pay more attention to long-term income.

Invest 40 million and make a net profit of 20 million every year.

Such a return on investment.

In the capital market, it is definitely the best asset.

It can make countless big capitals rush to give money.

Of course, traditional capitalists like Lu Jing's parents actually have some opinions in their hearts.

They think the salary given to employees is too high, and the kitchen helpers have to pay five insurances and one fund.

It's a waste.

It should have made more profits.

But Lu Jing herself has no opinion.

The admiration for Ye Chen in her heart has become deeper.

Today, the whole society generally does this.

Ye Chen can not care about his own interests, and does not care about the opinions of others.

Firmly do what he wants to do according to his own ideas.

Such a man is really handsome...

...

Xingchen Restaurant has a monthly profit of 8 million.

It is open for eight months a year, that is 64 million yuan.

Over at Xingchen Canteen, the newly opened third canteen has been in operation for a month.

But because the freshmen have few dishes.

In addition, the pricing is only the price of small fry shops outside.

The profit margin is not high.

Therefore, even though a third canteen was added, the daily profit only increased to 200,000 yuan.

Calculate it this way.

That’s six million a month.

Six million plus eight million, that is a monthly profit of 14 million.

Open eight months each year.

The annual profit is 112 million yuan.

Looking at this income, Ye Chen's lips curled into a smile.

Even if I have given it to students, I should give as much money as possible to employees.

But the profit still reached a small target for the year.

And it’s all cash.

Food, clothing, housing and transportation.

Sure enough, if the catering industry is done well, it is really profitable.

"The annual profit has increased to 100 million, and the next investment plan should not require a loan!"

Since opening the school.

It looks like it's getting more prosperous year by year, and it seems like it's making a lot of money.

But in fact, Ye Chen takes out loans every year.

If this year's profit increases to a small target.

You won’t have to take out a loan anymore, right?

Regarding this, Ye Chen was in a very happy mood.

Next, Lu Jing also told Ye Chen.

Black Pearl has also set its own Star Restaurant as a recommended restaurant.

Michelin also contacted itself.

It is said that a three-star restaurant certificate has been issued to Xingchen Restaurant.

Ye Chen didn't pay much attention to this.

Today's Star Restaurant no longer needs the ratings of these gourmet institutions to prove itself.

on the contrary.

There has never been any credible restaurant recommendation list in China.

Ye Chen even felt it in his heart.

Will my college be able to create a star food recommendation guide in the future?

After all, his students are all top chefs in various cuisines.

The judgment of food is undoubtedly more professional.

And they are all Chinese.

The evaluation of Chinese cuisine is also more in line with the views and tastes of Chinese people.

If you want to create a food recommendation guide yourself.

Just don't take money and don't seek death.

There is absolutely no problem with credibility.

It is definitely not a problem if its influence exceeds that of Michelin, Black Pearl, etc.