Siheyuan: The Counterattack of Passerby

Chapter 611: Strike While the Iron is Hot and Open a Hot Pot Restaurant

You should know that although the prices of their dishes may be slightly higher than those of other state-owned restaurants, with the current commodity prices, meat dishes generally cost only two or three yuan, and the most expensive is only five or six yuan. Raw materials are even less than one yuan, at only a few cents per plate. But even so, the daily turnover is as high as four to five thousand yuan, and the tables in the hotel lobby have to be turned over several times at noon and at night.

What does four or five thousand yuan mean? This is equivalent to one day's gross profit being equal to a month's gross profit for a not-so-small factory.

The salary of Pinweixuan employees is 60 yuan per month for ordinary waiters, which is considered quite high in this era. It is equivalent to the salary of a fifth or sixth level technical worker in the factory, and is also equivalent to the salary of a section chief in some units.

Although the chef's salary is higher, Lin Geng set a monthly salary for the head chef Sha Zhu at 500 yuan, which is equivalent to his salary in the steel rolling mill for half a year.

As for the chefs in other kitchens, Lin Geng paid them a salary of three to four hundred yuan according to their level of chefs. This was considered a very high salary in the city. Otherwise, it would be difficult to poach them.

However, the gross profit of Pinweixuan in a day can basically meet the monthly expenses of all the staff of Pinweixuan. The money earned on the rest of the days, after deducting the house rent, various taxes and other expenses, is basically net profit.

With this kind of turnover, their monthly operating income will basically reach more than 100,000 yuan, and their net profit will be around 30,000 to 40,000 yuan.

In the early 1980s, 30,000 to 40,000 yuan was definitely a huge sum of money. It can be said that in a month, the big boss Lin Geng became a millionaire, and in a year he could earn 200,000 to 300,000 yuan. Sha Zhu and Xu Damao each held 5% of the shares. If the annual net profit was 300,000 yuan, they could each get more than 10,000 yuan. Together with their salaries, they could basically earn 20,000 yuan a year.

After listening to Lin Geng's calculation, Xu Damao and Sha Zhu were stunned. Twenty thousand yuan! What kind of concept is this? If they were paid the same as they used to in the steel mill, they would have to work there for ten years and still not get that much. After hearing this, the two of them almost couldn't bear it. Xu Damao covered his chest and almost fainted.

Shazhu seemed to be really stupid. All he could do was laugh foolishly and have an idiotic expression on his face.

At the end of the first month's operating cycle, Lin Geng once again announced the monthly turnover to Sha Zhu and Xu Damao. In the first month of their business, the total turnover reached 146,000 yuan. After deducting expenses such as purchasing raw materials, employee salaries, taxes, and rent, the net profit was about 50,000 yuan.

After Sha Zhu and Xu Damao finished reading the account book, they were both stunned with dementia on their faces. They couldn't believe their eyes and ears. It felt like a dream. Even though Lin Geng had given them a preliminary calculation a few days ago, when they really saw how much money the restaurant made after a full month, they still found it unbelievable.

Although out of the 50,000 yuan, if dividends are distributed, the two of them will take 5,000 yuan, but Lin Geng will still have 45,000 yuan left. Isn't it a bit too fast to get the money back?

You have to know that when they were decorating Pinweixuan, they only invested 60,000 to 70,000 yuan. In less than two months, Lin Geng will be able to get all the money back, and any profit after that will be net profit.

But they don't know that Lin Geng actually earns more, because he is in charge of purchasing ingredients, and most of the ingredients he purchases come from his small world. No matter whether it is meat or vegetables, they are all produced in the small world, and the quality is far better than those purchased on the market.

Excluding this part, Lin Geng actually earns another 20,000 to 30,000 yuan every month just from the food ingredients shipped from the small world.

By this calculation, not counting the tens of thousands of dollars he spent initially on the land and the houses, Pinweixuan has almost made back the money he spent on renovation and purchasing kitchen utensils, tables, chairs and benches in just one month.

Since he had made money, Lin was not stingy when it came to paying his employees' salaries. Business was booming in the first month, and both the chefs and waiters were exhausted. Every night when they got off work, they were so tired that they couldn't even lift their arms, and their faces were stiff from smiling. Lin saw it all and kept it in mind, and he didn't act like a Pi Xiu who only took in money but didn't spend it.

So Lin Geng waved his hand and gave bonuses to everyone on the spot. Each waiter received a bonus of 50 yuan, as did the waiters and security guards. The chefs received 200 yuan each, and the kitchen assistants received 50 yuan each. When the decision was made, all the employees in the hotel were surprised and happy. They jumped up and down, shouting that the boss was generous, and their faces were full of smiles.

Think about it, an ordinary waiter only received more than one hundred yuan in salary and bonus this month, which is more than what the leaders of many units receive. How can these employees not be happy?

The waiters in state-owned restaurants still earn a salary of 30 to 40 yuan at most. This has swept away the fatigue of all the employees and they no longer feel tired at working in Pinweixuan.

Therefore, stimulated by the bonuses, the employees worked harder, the chefs cooked more seriously, the waiters provided better service, and even the security guards were more dedicated in greeting the customers queuing outside the door. The service quality and food quality of the entire Pinweixuan reached a new level.

Just when Sha Zhu and Xu Damao were excited and rolling up their sleeves to make a big move at Pinwei Xuan, Lin Geng did not stop and proposed to open another Sichuan hot pot restaurant in Sijiu City, only serving hot pot and not stir-frying.

Lin Geng's decision surprised Xu Damao and Sha Zhu again. Pinwei Xuan had only been open for a short time, and Lin Geng was going to open a hotpot restaurant. Wasn't this a step too big?

So Xu Damao tactfully advised Lin Geng not to be so hasty. Taking too big a step might easily lead to disaster. Pinweixuan was already making a lot of money, so why not just run Pinweixuan well? The money earned was enough for them to spend, so why bother taking the risk of opening a hotpot restaurant?

But Lin Geng smiled and said, "Now that the country encourages business, with such a good opportunity, wouldn't it be foolish not to make money? You may not know the profit of hot pot restaurants. Compared with Pinweixuan, the profit of hot pot restaurants may be higher, and it is also easier to manage!

The labor expenses in the kitchen are much less than those in Pinwei Xuan. The main thing is to cook the hot pot base by ourselves, and the rest is to prepare the ingredients. Most of the ingredients are raw, and the guests just need to eat them in the hot pot!

Pinweixuan, you have also seen that opening a restaurant is now a definitely profitable business. I want to ask you, do you two want to make more money?"

When Xu Damao heard this, he slapped his thigh and immediately shouted: "Whoever doesn't want to make money is a grandson! In this case, let's do it! What do you think, Shazhu?"

At this time, Sha Zhu was also excited by Lin Geng's words, so he slapped his thigh and shouted, "Let's do it! Since Sha Mao said he is willing to do it, why shouldn't I be happy?"