The university still has winter and summer vacations, so there is no rush to open.
The combined winter and summer vacations of universities in Hong Kong last for almost four months. There are only eight months of students in school every year, but there are more than 20,000 teachers and students on campus, so you can definitely make a lot of money.
As for why the original boss lost money? Either the level is not good, or the business strategy is not good. As long as it is done well, it will not guard the pure consumer group of more than 20,000, and the Kuchazi that can still lose money will be gone.
This store is indeed a bit small, but the front room could be made smaller. Dine-in is not reliable in a place like a university, and you mainly have to rely on delivery to make money.
After leaving Island University of Hong Kong, Zhang Zhonghua quickly returned to Causeway Bay by car. The store of Island University of Hong Kong was not in a hurry to open. It still needed to be trained carefully, and there was still personnel training and a store manager to be selected.
Zhang Zhonghua returned to his residence, made arrangements for the Hong Kong Island University store, and left it alone. The expected future revenue there was indeed very high. However, the store was only that big in total, and it was not worth Zhang Zhonghua’s personal investment. He only needed
It's enough to check it out regularly.
What is really worth noting is the absolute central location of Hong Kong Island - Central. This is the main location and the real head office location that Zhang Zhonghua booked.
After a day of searching, Zhang Zhonghua finally found a store. The location was very good. It was located at a prime corner and there was no need to consider the flow of people.
Zhang Zhonghua went to the mall manager's office and asked the mall manager, only to find out that a store with a total area of more than 5,000 square meters on the upper and lower floors was required to be sublet as a whole.
Nowadays, 200 square meters is just right for a CFC. Even Zhang Zhonghua dislikes the size of 300 square meters. This store with two floors is more than 500 square meters? It can be opened as a regular restaurant, and it is a big hotel. Who can use such a large area for a normal store?
Huh? No wonder no one has taken over.
So Zhang Zhonghua continued to search for a suitable store. He could consider any store with an area of 150 to 250 square meters. However, he ran through several agencies and failed to find a suitable store.
Either the area is too big or too small, or the location is not suitable for CFC.
After some consideration, Zhang Zhonghua finally decided to rent a 500-square-meter store. The first floor is a CFC restaurant and the second floor is the office area of the CFC catering company. In addition to the Hong Kong Island store and the Central store, Zhang Zhonghua plans to open several more stores in the second half of the year.
A smaller branch.
Next year we will move to Yau Tsim Mong, Sham Shui Po and other places in Kowloon. We must have a serious office location as the temporary external office location of CFC Catering Company.
After CFC is spread all over Hong Kong Island, Zhang Zhonghua plans to buy all the shops on the upper and lower floors and even some surrounding stores to serve as the CFC Hong Kong Island head office or even the global head office.
This will help the brand publicity and increase its popularity. CFC in such a large store in Central is still very impressive, high-end and classy.
If you develop high-end first and then move to low-end, you will still be a high-end brand. But if you develop low-end first, it will be difficult to turn the low-end brand into a high-end brand. And the positioning of brand value will help increase actual income.
I returned to the property manager's office in the building again and made an appointment with the manager to meet with the owner of the store. The owner didn't live far away, so he arrived at the manager's office soon.
After the manager introduced the two of them, he left.
"Mr. Victor, how do you plan to rent out the store downstairs?"
Zhang Zhonghua asked the owner of the shop in fluent English.
"The monthly rent is 4,000 Hong Kong dollars. Mr. Zhang, your English is very good."
Victor smiled and quoted a price, and then praised Zhang Zhonghua's English.
Damn it, the rent is too expensive. A month’s rent is 4,000 Hong Kong dollars, which is enough for a house a year.
The monthly rent for 500 square meters is 4,000 Hong Kong dollars, so the monthly rent for 100 square meters is 800 Hong Kong dollars. For the shop I bought in Causeway Bay, the monthly rent for 200 square meters is 800 Hong Kong dollars. Is it possible to negotiate the price?
Master, this damn ghost is not crazy about money.
"Dear Mr. Victor, the rent you want is really too high. Your store is so large that it is not suitable for any store, and the economy is not in recession right now.
I really want to rent this shop, but if you want this price, then I think we have nothing to talk about. Please give me the lowest price! My dear Mr. Victor." Zhang Zhonghua asked.
.
"Minimum 3,500 Hong Kong dollars, rent starting from five years, six deposits to pay six."
Victor is also very helpless in his heart. The economy is really sluggish now. Otherwise, if he dares to bargain with the price of 4,000 Hong Kong dollars, he will turn around and leave. But since the economy has been sluggish in the past few years, the tenants of the shops have been changing every year. He would rather
No deposit required and no rent required.
As a result, he no longer had the confidence to be arrogant and had no choice but to lower his prices obediently.
"Three thousand and five hundred Hong Kong dollars? It's still a bit much. What do you think of three thousand Hong Kong dollars?"
Zhang Zhonghua thought for a moment and asked.
"Oh, my dear Zhang, the rent of three thousand Hong Kong dollars is really too little. The minimum is three thousand three hundred Hong Kong dollars!"
"Victor, how about this, how about we each take a step back and get 3,150 Hong Kong dollars?"
"Okay, then it's 3,150 Hong Kong dollars, and you won't regret it!" Victor said with a smile.
Zhang Zhonghua looked at Victor's smiling face and felt that he had given too much?
"Then when will we sign the contract?" Zhang Zhonghua asked.
"It's best to sign the contract now. If you sign it now, I can give you ten days for decoration. I never provided decoration time before."
Victor said to Zhang Zhonghua with a smile on his face.
The so-called decoration time means that the contract period is shortened by ten days but the execution will not start until ten days later, or the rent is simply charged for ten days less, and various other methods of profit concessions.
These ten days are the time for decoration. Of course, generally speaking, the decoration is not good in ten days. It is just a way to make profits.
Zhang Zhonghua completely believed what Victor said that he never gave time for decoration before. In the past, when the economy was booming and business was good, he didn't have to worry about renting, so naturally he didn't give up even a dime of profit.
To rent this store, Zhang Zhonghua had to pay a one-time deposit and rent of 37,800 Hong Kong dollars, and the decoration and purchase of equipment cost close to 30,000 to 40,000 Hong Kong dollars. Although Zhang Zhonghua would not be emptied, the funds in his hands were not
too much.
However, the Causeway Bay store has begun to continue to make profits, and Zhang Zhonghua is not worried about running out of money.
"Dear Zhang, let's sign the contract now, shall we?"
Zhang Zhonghua followed Victor, who was smiling like a chrysanthemum, to the economic department to sign the contract, and then went to the bank to settle the money. From now on, the store will belong to him in the next six months.
