Chapter 188: Chapter 158 Guangdong Inspection_3
Chapter 188: Chapter 158 Guangdong Inspection_3
"You get this excited just because Yang Qian is back?"
"Of course, a day apart feels like three autumns."
Chang Fu winked at him; they had already gotten their marriage certificate, and if it hadn't been for this trip, they probably would have had their wedding by now.
"Come on, have a drink, we've got beer and wine, whatever you like, just pour yourself."
"Old Chen, Yang Qian is staying in Capital City for the New Year, isn't she?"
"Definitely, once they've trained those employees, dozens of Bobo Milk Tea shops will be opening all at once."
Chang Fu nodded; he didn't care either way, going back home every year was nothing exciting.
His wife was here, so naturally, he wouldn't go back either.
"I heard you're leaving at the beginning of February?"
"Something like that, won't be back until after Lantern Festival."
Chang Fu had a couple of drinks with him, and then Chu Qiuyan started talking about some of the things that had happened over the past few months.
After they left Capital City, they went directly to Wanwan to learn from the largest bubble tea headquarters there.
The main focus was on learning how others managed and trained.
And, of course, learning about franchising.
Later, they spent half a month working in a bubble tea shop to learn on-site. Find more adventures at m-v-l-e-m-p-y-r
Simply learning at the headquarters wouldn't be adequate.
So the three of them went to three different headquarters to learn, then they worked in three different bubble tea shops.
Finally, they went to Magic City to fully understand the domestic bubble tea market.
This industry can't compare to those so-called live streaming platforms; making good money for a few years and hitting several small targets shouldn't be a big problem.
Chu Qiuyan was still very grateful to him; without his arrangements, where would she have gotten the opportunity to learn directly at someone's headquarters?
Obviously, that was a misunderstanding; Old Chen didn't have such extensive connections yet.
Being able to arrange a trip to Wanwan is not something just anyone can do.
It was clearly Tong Zelan's doing.
He didn't bother explaining; there was simply no need.
What seemed difficult to them was a mere gesture, a phone call for someone like Tong Zelan.
All she wanted was to help her make money.
Chen Pingsheng also shared his own thoughts, "Investing in a slightly larger bubble tea shop in a busy location in Capital City usually costs between three hundred thousand to four hundred thousand. For opening twenty-five shops this time, the investment was almost ten million."
"Once you've got your own physical bubble tea shops running smoothly, the company will start franchising. Same old saying, the future of bubble tea shops is mainly dependent on franchising."
This is very normal; the technical threshold for bubble tea shops is extremely low.
What you can make, others can easily replicate.
There's no high technical barrier to entry.
Given that, the future of the bubble tea market will inevitably experience rapid expansion.
In such a scenario, the best approach is to open a small number of company-owned stores and a large number of franchises.
To rapidly expand the national market through franchising.
Tong Zelan's idea was even more straightforward; from the beginning, she planned to acquire a shell company in Xiangjiang.
Then, when Bobo Milk Tea grows sufficiently, take it public with a stock offering on the stock exchange.
Thus acquiring an investment return several tens of times over.
The two actually had very similar views in this regard, both believing that there would be excessive competition in the future bubble tea market.
Primarily because the barrier to entry is too low.
Anyone can have a go at it.
Under these circumstances, the best strategy for them is to secure large returns through a public listing before focusing on steady management.
In plain terms, it means pocketing the money first and then thinking about stability.
Before the money is in hand, the faster the better.
Bubble tea shops have always been like this.
Chu Qiuyan wasn't too familiar with his thinking, feeling that opening twenty-five shops at once was a bit too much.
It seemed troublesome to manage.
How could it be troublesome? She's just not adept at this area.
Yang Qian understood his thoughts pretty well, though.
Once the company's owned stores are set up here, Yang Mi would likely transition to Tengying.
Then, with her promotion,
Bobo Milk Tea will quickly become popular.
Anyway, Chen Pingsheng never thought selling bubble tea was a difficult business; he just wanted to make a few small targets with this minor investment.
If things go well, maybe he'll even make a dozen or so more.
After all, a bubble tea shop doesn't require too much investment.
With this money in hand, he could open a couple more Tenghui Department Stores.
Feeling euphoric.