The Birth of Shanghai's First Conglomerate

Chapter 12 Taking Over a Supermarket

When she got home, Song Yanxi was extremely excited.

Her man actually acquired that large fruit supermarket for only 300,000 yuan.

If this had happened yesterday, she would never have believed it, not even if you beat her to death.

It's very simple: if that shop were sold for 700,000, it would be snatched up the very next day after a notice is posted.

What does this mean? It means that their family has already earned 400,000 yuan before they even started operating.

How could she not be excited?

"Honey, you're amazing."

Song Yanxi suddenly realized that he had a special talent for business. He had just been held back by his family and had never dared to take that step.

Now, her bold step out has brought her a huge surprise.

Actually, Chen Pingsheng didn't really think that way.

The main reason is that he has traveled all over the country for so many years and sold durians on the street, so he has seen all kinds of people.

Naturally, one would also understand human nature.

"Honey, don't get excited. We've only taken over the shop, but that doesn't mean we've succeeded in running it. But there's something I'd like to discuss with you."

"What's the matter?"

"It's about that store."

Chen Pingsheng said, "I want to bring Zhang Tao and the others into the business. As you know, we've been helping each other out in the fruit business all these years. Of course, that's secondary. The key is that running a fruit shop is complicated and involves a lot of work. It's much harder than running a regular small supermarket. Everyone here knows a lot about the fruit business. With their help, our shop will only get better and better."

"That's no problem. The key is how many shares you want to sell to them and at what price."

“Let’s sell 49%,” Chen Pingsheng said. “Our family will still hold the majority stake. As for the price, I plan to sell it based on a total valuation of 700,000. However, we still need to discuss the 300,000 acquisition of the store in advance.”

Song Yanxi was completely stunned and sold 49% of the shares for a total value of 700,000.

What does this mean?
This means that before they even start operating the store, they can get back all the 300,000 yuan they invested.

They even made an extra 30,000 to 40,000 yuan. Wasn't that like taking over such a big store without spending a single penny?

"There's still room for negotiation, hurry up and sell it."

After his wife agreed, Chen Pingsheng sent a message in the moving group that all these people had stayed in Beijing to make money instead of going home for the Chinese New Year.

Chen Pingsheng: "Everyone, come to my house for dinner tonight. I have something important to discuss."

General: "What's the matter?"

Chen Pingsheng: "I've taken over the newly opened Tengsheng Fruit Supermarket and I'd like to ask if you want to invest and work together."

general:"……"

General: "Wait for me, come quickly."

The village beauty is mine: "I'm already on my way."

The young woman said, "Cook more rice; my sister-in-law knows I have a big appetite."

"Strive for the rest of your life: The tricycle is driving like a Lamborghini, get there quickly."

Young Marshal Zhang Tao did not answer, because he had already arrived.

"Old Chen, you managed to negotiate the deal with them without making a sound."

"We just finalized the deal at noon today, and that's why we're here to discuss the investment with you."

Chen Pingsheng asked him to sit down and look at the contract, saying that as long-time brothers, they should be sincere with each other.

He only spent 300,000 to acquire 700,000 worth of shares, and he had to make that clear to them beforehand.

There is no deception involved; only in this way can brothers stay together for life.

"Tsk... Did you sleep with his mother or his father? You actually agreed to give him 300,000."

Zhang Tao was extremely surprised. He knew that when they first went to inquire, the price quoted was one million, with no room for negotiation whatsoever.

As far as he knew, if the boss offered 800,000, there would definitely be plenty of people willing to take the job.

The reason they haven't sold it off so quickly is simply because they want to keep the price down.

After all, one million is indeed a bit too high. Eight hundred thousand is more suitable, and seven hundred thousand is a bit lower than the actual value, which is still a good deal.

Chen Pingsheng chuckled: "I naturally used a little trick, but it's 700,000. See if you can accept that price."

"Of course, why not?"

Zhang Tao replied without hesitation, "You're able to make this money, that's your own skill. I'm not jealous at all, I only admire and respect you. This store is indeed worth seven or eight hundred thousand. I won't lose money investing in it based on that standard. The only question is, how much do you plan to let me invest?"

"About 20%."

Chen Pingsheng patted him on the shoulder and said, “We grew up together and came from the same village. I’m glad you think this way. I can’t guarantee anything else, but I, Old Chen, can only do my best to run this shop well and make sure that when you go back this year, you can choose whichever girl you want and have matchmakers knocking down your door.”

"You said it yourself," Zhang Tao laughed, already imagining the scene.

After everyone else arrived, the shareholding was reduced to 29%, so Chen Pingsheng decided to explain things to them first.

In the end, each of the four people bought 7%, and no one took the extra 1%.

Consider it payment for the massage fees at the clubhouse for the brothers in the future.

The contracts haven't been signed yet, but the money transfers are happening incredibly fast. The main reason is that they've trusted Lao Chen over the years.

He is reliable.

This is very important.

"Ding, 336000 has been received by the host. Today's net income is 36,000. Would you like to activate random multiplication?"

That's some really advanced cheat code.

He spent 300,000 yuan to take over the store, and now he's selling 48% of the shares, which not only gets him back all the money he spent.

He also made a net profit of over 30,000 yuan, which became his net income for the day.

Feeling incredibly lucky today, Chen Pingsheng couldn't help but mentally tap "Activate".

Two golden dice reappeared, the first one with an enormous number... 4.

The second one was even bigger; it was actually the largest one, number five.

"Congratulations, host, you have received a nine-fold random boost."

"Ding, your Alipay account has received 324,000 yuan, and your balance is now 324,000 yuan."

Goodness gracious... all the Audis I bought before the Lunar New Year have returned.

His family's total savings have reached around 700,000 yuan again.

This money was hard to explain, so Chen Pingsheng thought he would keep it with him first and then find an opportunity to give it to his wife later.

Seeing that everyone had completed the transfer, Song Yanxi was overjoyed; her family now had their own fruit supermarket.

Life was getting better and better, and on the eighth day of the new year, she resigned from her job. Working for herself was much better than earning a fixed salary outside.

The next day, Tengsheng Fruit Supermarket was closed for the day.

Li Zehao was the one who mainly came to handle the handover; the person in charge here is a distant relative of his.

If we're talking about who least wants this store to be transferred, it's definitely this person.

The reason is simple: while the shop suffered heavy losses, he made a fortune.

Now that the shop has changed hands, it's naturally impossible for him to stay here.

That's why they say rich kids have plenty of money when they start businesses.

Both computers used for the cashier were Apple machines, and all the lights in the store were brand-name products.

Even the fruit stand is made from the best available.

The most outrageous thing was the delivery truck; since the shop was transferred, the truck was naturally given to him as well.

The price of an Isuzu 4.2-meter box truck is around 160,000 yuan.

It's likely that Li Zehao doesn't even remember having such a car.

Anyway, when we signed the contract, we gave him everything related to the fruit supermarket.

As long as he saves face as the "boss," that's fine.

(End of this chapter)