chsdbacks Chapter 172
Chapter 172
"The location of that B&B is in Zhonggu Village, Sichuan Province, three and a half hours' drive from Tianfu. It is a four-star internet celebrity B&B that cost 40 million yuan to build. It won an award when it was first built, and it has a super large natural hot spring. We are going to take it next." Xu Chengrui said.
He came back from the imperial capital just for this matter. This B&B is very well-known in Sichuan Province, and since it is an internet celebrity B&B, there is naturally no shortage of tourists. After studying it, they felt that it could be done.
Bai Hao's purpose in choosing to take over this B&B is very simple. In the future, it can be used as a filming location for the company. It can not only provide better materials for start-up culture, but also increase the exposure of the B&B. Two-way output is simply the best of both worlds.
Bai Hao told Qin Mo his ideas in detail, and Qin Mo also thought it made sense, and then teased: "Old Bai, your business mind is good."
"Haha, I'm a student of the University of Finance and Economics, what do you think?" Bai Hao also laughed.
"What is the specific price?" Qin Mo asked.
"This B&B owner has recently made a big splash in the futures market, but he went too far and ended up losing money, which completely broke his capital chain." Xu Chengrui took a sip of tea and continued, "Originally, based on the annual profit of this B&B, the valuation was at least 50 million. However, due to the failure of futures, it is in urgent need of funds to fill the hole, so it has to be sold at a low price. I have asked, if we are ready to take over, it only takes 32 million."
Qin Mo was surprised. This price was not expensive. The four of them only invested 8 million each, which was completely acceptable to him.
But he didn't know the specific annual profit, so he was ready to learn more about it before making a decision. Xu Chengrui had already considered this. He took out the information he had investigated in advance and gave it to Qin Mo to check.
The net profit of this B&B last year reached 8 million. If it is taken over according to this situation, the four of them will have an average share of 25%, and the annual net income will be 2 million, which will take four years to recover.
If the four of them run it together, even if there is a loss, it is acceptable.
The payback time is a bit long, but if Bai Hao's idea is followed, this project can be taken over. What has the greatest return in this era?
Of course, it is self-media. Startup culture can just meet this requirement. The fan base of Internet celebrities is the future of this homestay. If it can be used reasonably, the net revenue of this homestay can be raised again.
Moreover, the geographical location of this homestay is relatively close to Tianfu, both in Sichuan Province. Qin Mo thought for a moment and felt that there was a way.
‘Ding! ’
‘Trigger a special task. ’
‘Choice 1: Take over the homestay, reward 50% of the start-up fund assistance. ’
‘Choice 2: Refuse to take over the homestay, reward nothing. ’
Qin Mo's eyes lit up. There was a way. The system spoke, which meant that this homestay would definitely make a profit, and it could also get 50% of the funds. In other words, he only needed to take out 4 million. It would be impolite to refuse such a good thing for free.
“Take over!” Qin Mo muttered in his heart.
‘Congratulations to the host for receiving 50% of the startup funding support. The funds will be credited within five minutes. Please check! ’
‘Ding! ’
‘The conditions for triggering the event lottery have been met. Do you want to start the lottery? ’
“Lottery!” Qin Mo responded in his heart.
Since the system appeared this event lottery reward, he has only triggered it once. That time, he only drew a useless title. I don’t know what he can draw this time. Qin Mo is very curious.
‘The rewards are being derived according to the current event...’
‘The lottery is over. Congratulations to the host for winning a [Homestay Internet Celebrity Card]. ’
Note:
‘[Homestay Internet Celebrity Card] has exclusive attributes, which will help the homestay to increase its exposure faster. They are both gold medal artists, and their functions are limited to this homestay. ’
This reward is something. The fact that they are both gold medal artists is enough to satisfy Qin Mo. It is a reward created exclusively for this homestay. Qin Mo smiled.
After a while, Qin Mo finished reading all of Xu Chengrui's information. With the system, this information was no longer important, but he still chose to finish reading it.
"Do you have any ideas?" Bai Hao asked with a smile.
The three of them were ready to take over. Even if Qin Mo didn't have this idea, they were still ready to take over this B&B, but their funds would be a little tight.
For example, Bai Hao's family gave him 5 million yuan in start-up capital, and the remaining 1 million yuan was raised by him. This time, he could only ask for help from his family.
The recent data of Startup Culture has been rising, and his old man also knows it. At least it proves that he is not messing around. As long as he explains his ideas to his old man, plus Xu Chengrui's joining, and asks for another 800 million yuan, he can get a lot of money.100,000 should not be a problem.
But 10 million is a bit difficult. The 8 million will be given to Xu Chengrui for his sake. After all, the Xu family and their Bai family have a good relationship, and Xu Chengrui has a good reputation in the circle.
If Qin Mo does not make a move, Xu Chengrui can only take out 12 million at most. Wang Chen and Bai Hao are the same, and the maximum is 8 million. Adding together, there is still a shortfall of 4 million. It is estimated that at that time, he can only ask Zhang Mingjun and others.
"What if I say I have no idea?" Qin Mo teased.
"Even if the deal fails, the friendship remains. Regardless of whether we can reach a cooperation, the relationship between us remains the same." Bai Hao said frankly.
Wang Chen also nodded, and would not make the relationship between the few people stiff because Qin Mo did not participate in this cooperation.
Xu Chengrui also generously said that if it fails this time, there will be next time, and there is no need to worry.
Qin Mo drank the tea in the cup, then smiled and said, "Brothers, you are so kind to me, it seems a bit unreasonable for me not to participate, so I will follow!"
This time it was Bai Hao and Xu Chengrui's turn to be surprised. This time the investment was five million more than the last time, but Qin Mo invested without blinking an eye?
"Old Qin, why don't you think about it again? What I just said was the truth, you don't have to feel embarrassed." Bai Hao said.
"I also think your idea is feasible, and I am also the boss of Startup Culture, so I have to have some sense of participation, right? It's just eight million, it's nothing." Qin Mo smiled.
Xu Chengrui really saw Qin Mo's financial resources. He could talk about eight million so lightly, which is really rare among his peers. Having eight million in cash and driving a luxury car worth eight million are two completely different concepts.
Even Bai Hao now has only three million in cash available. Wang Chen is even worse than him with less than two million. Xu Chengrui has ten million purely as the start-up capital left to him by his family, and only the two million is his pocket money.
"Haha, I said Lao Qin would definitely make a move." Wang Chen laughed.
Bai Hao confirmed that Qin Mo really did not choose to invest because of their face, so he asked curiously: "Lao Qin, tell me, how much cash do you have?"