Franchise God - Chapter 21



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Franchise God Episode 021

Chapter 5: If you give me the mushrooms, I will give you the deposit (1)

“Excuse me, isn’t your company an investment firm? The name was Makemiya Investment or something like that….”

-Yes, it is an investment company. It is a Japanese company whose main business is real estate investment. It also has a presence in Korea.

“No, why would a real estate investment company buy 400 kg of pine mushrooms?”

-Our company owner really likes pine mushrooms.

So, it becomes even less trustworthy.

No, even if you are the owner of a company, how can you buy 400kg of pine mushrooms?

-And 400kg isn’t the end.

I heard that you are planning to export 400kg to Japan every month. Our company will purchase all of that quantity in the future.

“Even if it’s a real estate investment company, isn’t that a huge waste of money? Do you know how much a kilogram of premium pine mushrooms sells for in Japan? At auctions.”

-I heard the highest bid was 2.11 million Korean won. We will buy it at that price too.

Are these guys crazy? Or is money rotting away like that?

Jeon Seong-ryeol truly thought that for a moment.

“I don’t understand. Why is a real estate investment company going to such extreme lengths to buy mushrooms? Even if the company owner likes them, if they sell for 2.11 million won per kilogram, the monthly sales revenue is 844 million won.”

A faint laughter sounded over the radio waves, and Jeon Seong-ryeol felt uneasy for some reason.

Of course, that was only until I heard what followed.

-Our company’s net assets amount to 500 billion yen.

“Oh, five hundred billion yen?”

– It is an unlisted company, and 100% of the company’s shares are owned by President Makemiya. The monthly income of just under 900 million won is, I’m sorry, like pennies to him.

– Of course, he won’t eat it all by himself. He’ll give it as gifts here and there, supply it to his restaurants and hotels, and use it for various purposes.

“But, how did you know about our Songi…….”

-You delivered to the Seohae Hotel, right? He was a VIP at the Seohae Hotel Korean restaurant.

“ah!”

Only then did Jeon Seong-ryeol realize the situation and let out a low sigh.

“But now, Songi won’t be coming to the Seohae Hotel.”

-So, these days, you are staying at Baekdu Hotel for a long period of time.

“okay.”

-Exporting is actually quite tricky. You have to get insurance, issue invoices, and also find out about transportation. Do you know how complicated the Japanese distribution network is? If you try to enter the market directly, you have no choice but to pay a lot of auction fees and get screwed. However, if you sell to us in bulk, it’s a different story.

“I understand what you are saying. However, our plan to enter the Japanese market is something we are considering from a long-term perspective. We cannot just rely on your company owner’s tastes and leave everything to you…….”

-We will first secure a year’s supply of mushrooms. We will also pay the price in advance.

“I will! Let’s write up the contract right now.”

I’ll just accept this deal and see!

After finishing the rest of the story, Jeon Seong-ryeol hung up the phone in a joyful mood.

“2.11 million won per kg, how much is 4,800 kg? A little over 10.1 billion won?”

Seongryeol Distribution’s annual sales are approximately 9 billion won.

Of course, this is only sales, and the net profit is less than 1 billion.

But overnight, a net profit of over 4 billion was created. (Half of it went to Ha Soo-young)

“This is not the time.”

Jeon Seong-ryeol hurriedly prepared to go out. He had promised to meet the other person right away.

There was also some anxiety that he might not show up.

Since it was a big deal worth over 10 billion won, I was worried about relying solely on verbal promises.

Until the other party arrived, Jeon Seong-ryeol only searched for information related to ‘Makemiya Investment’ on his smartphone at the meeting place.

“The rich are truly rich.”

As the other party explained, it was a well-known real estate investment company in Japan.

“You look like you have a lot of money.”

He also looked through the photos of President Makemiya diligently. The 20 minutes or so were enough for him to become an expert on the company Makemiya Investment.

“Are you President Jeon Seong-ryeol?”

“Oh, yes. I’m Jeon Seong-ryeol.”

Two men appeared, one of whom smiled brightly and offered to shake my hand.

Jeon Seong-ryeol thought for a moment at the familiar face, then exclaimed.

“Oh, are you Mr. Makemiya?”

“Oh, where have we met before?”

“I’ve seen you in many internet articles. I’ve always admired you since I heard the legendary anecdote about how you amassed a fortune that was well-known even in Japan as a Zainichi Korean. It’s an honor for my family to meet you today.”

Jeon Seong-ryeol displayed an excited attitude like a passionate fan who had met a superstar.

“I guess I’m a bit charming. I’m receiving such great respect from someone who didn’t know me until an hour ago.”

Jeon Seong-ryeol paused for a moment, but soon smiled brightly and answered.

“How could a small business owner like me resist the charm of a hundred million? If I had a time machine, I would go back 23 years and become your fan.”

“Wow, why 23 years?”

“That’s because it was the year that Makemiya Real Estate was founded.”

A slight smile spread across Makemiya’s face.

A bit too much flattery, if it were someone else.

I wouldn’t have been able to accept it so well.

However, Jeon Seong-ryeol is a character that Makemiya himself met because he felt sorry for her, and he actually enjoyed hearing such excessive expressions. Except for the fact that it was a bit embarrassing.

“I first ate the pine mushrooms your company distributes at the Seohae Hotel. They were more delicious than any other pine mushrooms I’ve ever had before.”

“Haha, we dare to say that the mushrooms we distribute are the best special products.”

“It’s frozen. No, I had many questions. How can you distribute such mushrooms when it’s not the season?”

“I have a friend who has a mountain where pine mushrooms grow regardless of the season. I get pine mushrooms from him.”

“Oh, then it’s not a form.”

“Yes, it’s not a form. If he had developed a form technology, he would have already been sitting on a pile of money.”

While Makemi’s chief secretary prepared the contract, Makemi and Jeon Seong-ryeol had a light conversation.

“I guess they no longer supply to the Seohae Hotel?”

“Yes, because Baekdu Hotel offered such good conditions. That’s how it happened.”

“That’s too bad. The head chef of the Seohae Hotel is really good at cooking Songi.”

“I’m sorry. I had to do this due to business reasons.”

Makemiya didn’t ask for details, but he had a rough idea of ​​how things worked.

“If the conditions are met, would you consider supplying to the Seohae Hotel?”

“If the conditions are right, what can’t be done?”

“Director Kim.”

As Makemiya turned around, Chief Secretary Burza quickly answered.

“Yes, sir.”

“Find a way to interfere with the management of the Seohae Hotel.”

“All right.”

Jeon Seong-ryeol was so moved that he couldn’t speak as he saw her giving orders so nonchalantly and bowing so nonchalantly.

He himself had such a hard time just delivering groceries, but this guy…

“I didn’t know that the CEO would personally take care of such a small contract.”

“I live this way because I like it. Of course I want to come out myself. Don’t you think so?”

“Oh, I understand.”

The contract was signed in a good atmosphere, and Makemiya sent the money to the company account on the spot.

Seongryeol Jeon was moved once again when he confirmed that exactly 10.2 billion won had been deposited into his account.

The original amount was 10,128 million won, but they increased it a bit.

“Then please take care of it.”

Jeon Seong-ryeol accepted the business card that Makemiya handed him as if it were precious.

As soon as he left the meeting place, he called Ha Soo-young.

He exaggerated his heroic feat by saying that he sold a year’s worth of mushrooms to a Japanese real estate tycoon for 2.11 million won per kilogram and received a year’s payment in advance.

Finally, he added cautiously.

“I was supposed to keep half of the profits, right? But now that I’ve actually made a lot of money, I feel like that’s too shameless.”

-No. It’s the boss’s achievement.

“I want to go long with you. I don’t want you to feel like you’ve been taken advantage of by me. That would be a real disadvantage to me.”

-What are you talking about?

“Originally, I bought it from you for 450,000 won per kg and delivered it to the hotel for 800,000 won. I made a profit of 350,000 won per kg. Of course, this time, since I worked hard, how about making a profit of 500,000 won per kg?

“I was supposed to get 4 billion, but I’m only going to get 2.4 billion.”

When divided in half, Jeon Seong-ryeol’s share is about 4 billion.

Jeon Seong-ryeol is now saying that he will reduce his share to 2.4 billion.

-As expected from our CEO Jeon Seong-ryeol, I firmly believed from the beginning that he would not be that kind of person.

“Huh? What are you talking about?”