Chapter 383

"So you knew all along that he was the one who tipped off?"

Kim Jong Kook glanced at the coach next to him, then looked at Huang Xu somewhat embarrassedly.

Huang Xu nodded.

"Of course, if he hadn't tipped you off, would you have been able to show up so promptly the first two times?"

"Yeah too!"

Kim Jong Kook nodded, then waved to the somewhat nervous coach, indicating that he would take over the next step.

When only he and Huang Xu were left, he spoke to Huang Xu.

"I'm sorry, Xiaoxu. I can't help it."

"You're really too busy. It's hard to find time to contact you every time, so I have to resort to this last resort."

"It's okay, Jong Kook, I know."

Huang Xu waved his hand indifferently and then looked at Kim Jong Kook and said.

"It's not a big deal. Besides, not only did Jong Kook come to me for something, but I also came to Jong Kook for something."

"That's it!"

Kim Jong Kook was stunned for a moment, looked at the sun that was about to set, and then extended an invitation to Huang Xu.

"Then let's find a place to sit?"

"Ok!"

. . . . . . . .

“Ahaha~~~”

"Summer is really better suited to cold beer!"

"Especially after a workout, when the body desperately needs to replenish water."

After Huang Xu finished the beer in the glass in one breath, he couldn't help but sigh.

And Kim Jong Kook, who was sitting opposite him, could only make a bitter face and drink the wine in the glass in one gulp after seeing Huang Xu drink it all in one gulp.

It’s not that he can’t drink. As a Korean, and an artist who has been in the Korean entertainment industry for so long, it would be a pure lie if he said he can’t drink.

Not only can he drink, but he can drink quite well.

It's just that he usually pays more attention to maintenance and health issues, so after drinking the wine in the glass, he gave Huang Xu some advice.

"Xiao Xu, you just finished exercising, don't drink so quickly."

"And this beer is a little too cold."

"Hey, Brother Zhong Guo, don't you think that this is the way to drink beer to make it more enjoyable?"

"Besides, I've rested for such a long time now, so there's nothing to worry about."

Faced with Kim Jong Kook's persuasion, Huang Xu still remained stubborn and made a few excuses for his behavior.

But later on, he listened to the advice and slowed down his drinking.

The two exchanged a few simple greetings and then got down to business.

"Xiao Xu, you just said you wanted to see me too, is there something going on?"

"Yes, I have something to ask Jong Kook."

Huang Xu saw that he was getting down to business, so he put down his wine glass and asked Kim Jong Kook.

"Brother Zhong Guo, I remember the last time we met, you said someone wanted to get to know me and wanted to join the pickled fish chain, right?"

"Yes, indeed many people found me."

After hearing this question, Kim Jong Kook opened up completely and began to talk to Huang Xu incessantly.

"You don't know, Xiaoxu, how many people have come to me since Shizhen's store opened."

'They saw it'

"."

"Is it that exaggerated?"

Listening to Kim Jong Kook's story, Huang Xu felt it was a bit exaggerated and a little bit unbelievable.

According to what Kim Jong Kook said, after Ji Seok Jin's store opened, business was extremely hot. Although it was only the first month, the profit was already considerable.

If this trend continues, he may be able to recover his huge investment in seven or eight months.

The efficiency of this investment output is quite exaggerated.

So when Ji Seok-jin calculated this data, he was so happy that he burst into laughter and seemed very excited.

You should know that as a senior side-business investment enthusiast in the circle, he has invested in countless projects over the years.

But when you really count, not many people make a profit, and most of them end up losing money.

As for the few projects that did not lose much money, at most they were able to recover their investments, breaking even.

Now that he has come across a good project like Huang Xu's, which can recover the cost in just a few months and then make a lot of money, he has to promote it well.

So within a very short period of time, the news that Ji Seok-jin made money through investment spread throughout his entire circle of friends.

His friends are basically people from the entertainment industry, so naturally some of them brought this incident to the show to make fun of it.

Then more people knew about it.

They were used to Ji Seok-jin losing money on investments, but when he made money, it was news.

Driven by curiosity, some people began to pay attention to this matter.

Then I noticed the pickled fish chain store and had the idea of ​​joining it.

However, the company did not open up the second franchise quota according to their own instructions, so many people found Ji Seok-jin.

Then they followed the clues and found Kim Jong Kook.

Kim Jong Kook looked at Huang Xu's somewhat suspicious eyes and nodded with a wry smile.

“It’s just that exaggerated.”

"You should have a certain understanding of the entertainment industry now, and you should know why they are keen on investing."

"A little bit."

Huang Xu nodded to indicate that he knew.

Why are Korean entertainment stars keen on investing and doing side businesses? It is because the Korean entertainment industry is changing at a very fast pace.

If you are not careful, you will be out of fashion before you know anything.

Therefore, many celebrities want to invest a portion of their earnings to keep some security for their future selves.

But the reality is that most of these stars' investments ended up in a mess, just like Ji Seok-jin.

For example, Kim Jong Kook has a good friend who owed a lot of debt after a failed investment. He worked hard for several years before he paid off the debt.

For example, Ha Dongxun, who opened a music restaurant bar with Huang Xu, would have had some problems running his store if Huang Xu hadn't found a solution.

And there are countless cases of this kind in the Korean entertainment industry.

So at this point, Huang Xu roughly understood why those people were so crazy.

Although the sauerkraut fish franchise stores are all newly opened stores, but seeing that the business is so good, especially that Ji Seok-jin can make money, how can they not be tempted?
After figuring this out, Huang Xu's eyes when looking at Kim Jong Kook changed.

"Brother Zhongguo has worked hard during this period."

"I can't help it. Who put me in this situation?"

After bumping into Huang Xu with a wry smile, Kim Jong Kook looked at Huang Xu curiously.

"So what do you think now? When will the second batch of places be opened?" "Sorry, Zhong Guo, there may not be a second batch of places."

"Hey~~? Why?"

After hearing Huang Xu's words, Kim Jong Kook's eyes widened.

In fact, it was the first time that Huang Xu saw Kim Jong Kook's eyes open so wide. One can imagine how shocked he was at that moment.

After being stunned for a few seconds, he frowned and looked at Huang Xu in confusion.

"Your project is so profitable, why don't you open it up to franchisees?"

"Given the current situation, if you continue to open up franchises, it feels like the number of people will not be less than the number in front of you."

"How much money do you make?"

Although it was not his own business and the money would not go into his pocket, he still felt distressed to see Huang Xu giving up such a huge market.

And more of them are still confused.

Opening up the second round of franchise quotas should not be a difficult task for Huang Xu's company, and it should even be quite simple.

Why did Huang Xu give up?
Huang Xu looked at Kim Jong Kook's shocked and anxious expression and could only smile and comfort him.

"I know, Jong Kook, don't be anxious, just listen to my explanation first."

After comforting Kim Jong Kook with a few words and waiting for him to calm down, Huang Xu slowly began to explain.

"I am not opening the second round of joining because it is for their consideration."

"You should know by now that we have 300 franchise stores. Together with the 20 we operate ourselves, the total number has reached 320. Do you know what this means?"

"What does it mean?"

"It means that our stores now basically cover the whole of Korea."

Looking at the puzzled Kim Jong Kook, Huang Xu continued to explain earnestly:
"Although there are certainly places that we haven't covered yet, generally speaking, popular locations with a lot of customers should have our stores."

"That is to say, if we add more stores, we will not be able to guarantee their subsequent profits."

"We don't allow franchising, and it's also for their consideration."

"Is that so?"

Listening to Huang Xu's explanation, Kim Jong Kook fell into deep thought.

After thinking about it carefully, he found that this seemed to be the case.

Although he had only started running a shop with Ha Dong-hoon in the past few months, he was still a newbie.

However, he still had some understanding of these easy-to-understand basic knowledge.

So after thinking for a moment, he said to Huang Xu.

"Okay, I understand. I'll explain it to them when I get back."

"No, I just said there won't be a second joining, but it doesn't mean they don't have a chance!"

"What do you mean?"

Kim Jong Kook stared at Huang Xu blankly, somewhat confused as to what Huang Xu meant.

I just said that the market is already full, right?
Looking at Kim Jong Kook's puzzled eyes, Huang Xu said to him proudly.

"Brother Zhong Guo, it's actually very simple. Since it's not possible to open a new store, are those old stores still there?"

"Old shop?"

"Some people won't let go so easily."

Kim Jong Kook thought about it and shook his head.

"Now that your store's business is so good, how could those franchised stores give up?"

"And even if they are willing to take action, the price of taking it down won't be small."

"If it's private, then there will definitely be problems on this side, but what if it's not private?"

"Not personal?"

"Yes, do you remember that I still have twenty directly-operated stores?"

"What? A directly-operated store?"

Kim Jong Kook widened his eyes again and looked at Huang Xu with an expression of disbelief.

"Are you saying you want to transfer your directly-operated store?"

"I remember that your stores were in the best locations and business was booming. How could you sell them?"

"Hey, Brother Zhong Guo, it's actually very simple. We are a professional catering franchise company."

“The main purpose is to promote our food and our brand.”

"To put it bluntly, those 20 self-operated stores are just an advertisement, which goes against our company's original plan."

"so."

"Okay, I understand."

"You know more about business matters than I do, as long as you think it through."

Kim Jong Kook listened to Huang Xu's explanation. Although he was not sure about Huang Xu's true thoughts, he did not continue to persuade him.

Anyway, Huang Xu has already figured it out, so there is no need for me to say anything more.

So he picked up the wine glass, clinked it with Huang Xu's, and then began to ask some detailed questions.

For example, how to transfer a store? What are the requirements? How much does it cost? And other related questions.

After Huang Xu answered their questions one by one, the two chatted for a while and ended today's meeting.

After separating from Kim Jong Kook, Huang Xu strolled on the bustling streets of Seoul, looking at the prosperity under the night sky, and couldn't help feeling some emotion.

“It’s really great development here.”

"What a pity, this is not my home, not my destination!"

He came to see Kim Jong Kook today and wanted to transfer his directly-operated stores, which was actually a well-thought-out decision.

Two days ago, his uncle left him a question.

"That is, do they want to open up a second round of franchises and continue to expand their development?"

After two days of careful consideration and weighing the pros and cons, faced with the huge temptation of money, Huang Xu finally chose to follow his heart.

Even though their company is developing in full swing and progressing smoothly now.

Huang Xu could even predict that, just as Kim Jong Kook had just said, as long as the second round of franchising was opened, a large sum of franchise fees would go into their pockets.

But Huang Xu finally chose to refuse and be a little timid.

As a foreigner, it is very rare for me to develop a company to its current scale in a foreign country like Seoul without any foundation.

Moreover, their company's franchise business is very popular in the market.

It was after seeing this situation that Huang Xu came to his senses and chose not to open a second round of investment and franchise, choosing to quit while he was ahead.

Otherwise, as the company continues to expand, it is hard to say who will be offended in the future.

This is also the reason why he chose to transfer the directly-operated stores.

From now on, he will start to adopt a light-asset franchise model so that he can directly close the account and run away.

However, this does not mean that he has given up on the Korean market, but he just needs to change some of his methods.

After thinking it through, Huang Xu took out his cell phone and found his uncle's number.

"Uncle, are you free now?"

(End of this chapter)