Franchise God - Chapter 41
Only Krnovel
Franchise God Episode 041
Chapter 8 You said you were going to open a ramen shop? (4)
“Yeah, I think it was Seongryeol Distribution… But how do you know that name?”
“You don’t know. Are you sure? Did you buy the old factory from Seongryeol Distribution?”
“Is that right? Let’s see……”
Jeong Seo-jin looked through the list of electronic approval reports on her tablet and confirmed them.
“That’s right. Seongryeol Distribution.”
“Isn’t that a place that distributes agricultural products?”
“That’s right. It’s a company with annual sales of about 9 billion won last year, so I was wondering where the money came from to buy the old factory.”
Jeong Seo-jin didn’t seem to think much of it.
Perhaps it is because I do not know exactly what Seongryeol Distribution does.
If it was an agricultural product distribution company with annual sales of about 9 billion won, it was a small and insignificant company from JM Foods’ perspective.
However, to Jeong Seo-hee, who knew the story of the pine mushroom and the golden umbrella mushroom, it did not seem ordinary.
‘You’re going to open a ramen shop?’
I definitely heard that at the hotel.
By the way, JM Foods bought the old ramen factory?
Why on earth would an agricultural product distribution company handle food ingredients?
‘They have no intention of stopping at the agricultural product distribution business. They are definitely planning to jump into the ramen market in earnest.’
Otherwise, there would be no way they would have bought the ramen factory for 4 billion won.
Jeong Seo-hee clenched her fists and trembled slightly.
‘The old man said he paid the entire amount of 10.2 billion won for one year’s worth of mushrooms.’
The old factory was probably purchased with that money.
‘The purchase price of the factory is 4 billion won, and if you include incidental expenses, it will be 6 billion won. So, there will be at least 4.2 billion won in spare funds.’
If we think about the 100 tons of golden umbrella mushrooms supplied to Seohae Foods…
‘It’s over 14.2 billion won. Nearly 15 billion won in spare funds.’
At this point, it is already embarrassing to call it a small business.
It can be said that you have at least the basics to enter the food market.
‘… … But are you really going to start a ramen manufacturing business?’
Jeong Seo-hee didn’t understand.
Even if a lot of money suddenly comes in, why would an agricultural product distribution company do something so reckless?
Ramen manufacturing is not an easy business.
You need to have your own recipe and have the research and technology to produce ramen.
Just because you buy a factory doesn’t mean an agricultural product distribution company can transform into a ramen company overnight.
In addition, the cartel of the Big 3 ramen market, which is firmly formed around ‘Taeyangsim’, must also be broken through.
‘It would have been much better to use that money to expand the food distribution business or something bigger.’
Jeong Seo-hee was genuinely curious about what on earth Jeon Seong-ryeol and Ha Su-yeong were thinking.
“…You said you sold it for 4 billion? What did you do with the employees?”
“We brought them all, leaving behind only 120 people.”
“You managed to pass 120 people over to them?”
“It’s not that they passed it on, they said they would take over all the jobs. They even offered to raise salaries by 15%, so 120 people stayed.”
“okay?”
Jeong Seo-hee’s eyes narrowed.
‘It’s clear that there is no basic infrastructure for ramen manufacturing.’
Otherwise, they wouldn’t have taken over the factory and taken over the employees.
“Is that company really trying to get into the ramen manufacturing business?”
“So you wouldn’t have decided to do that and rushed into it? You wouldn’t have taken over the factory and hired new employees just to throw money away, right?”
“If you think about it the other way around, doesn’t that mean there’s no basis for manufacturing ramen at all?”
“Oh, that could be true. I didn’t think that far ahead. I was only concerned that a buyer had shown up to buy the old factory that had been a wasteland.”
Jeong Seo-jin’s expression also changed a little.
“Then why did those people invest tens of billions of won to jump into this red ocean market? I don’t know who the moneymaker is, but it’s so reckless.”
“What would you do if you were an investor?”
“I would have torn up this investment plan on the spot as soon as I received it. This market is such a red ocean that they are pouring billions into it.”
Jeong Seo-jin shook her head as if she was tired of just thinking about it.
Jeong Seo-hee recalled what Makemiya had said before making room.
-Looking at the meeting with actress Jang Hyo-joo, it looks like those guys are trying to expand their business in some way.
Considering Jang Hyo-joo’s price tag, you can tell that he is really determined and rushing in.
The final piece of the puzzle is still missing.
Jeong Seo-hee thought deeply about what it was.
Ample investment funds, selection of actress Jang Hyo-joo as a model, confidence in the ramen market, but no basic knowledge of ramen manufacturing. What could it be? What am I missing?
“There must be some solid item. Otherwise, investors would not have believed in such a ridiculous plan.”
“They could do it with their own money. It’s not like there are separate investors.”
“Then you’re determined to fail. Or the ramen market just didn’t seem that easy.”
Jeongseojeon shook his head.
“To jump in and see how hellish this world is.”
“It might not be a red ocean, but a blue ocean. At least in their eyes.”
“Then you have the wrong filter in your eye. Either replace the filter or it fails.”
Jeong Seo-hee immediately returned to her room and contacted Makemiya.
“Seongryeol Distribution acquired our old JM Food factory. Most of the employees were also hired and transferred.”
-What, is it true that you’re jumping into the ramen market?
“Did he say that?”
-We did talk about that while drinking back then. But I thought you were talking about your distant future ambitions. You even took over the factory?
From Makemiya’s perspective, it makes no sense for a company like Seongryul Distribution to enter the ramen market. It’s a natural reaction to think that way.
-Wait a minute, so when the four of you were talking at the Seohae Hotel, the contract for the factory takeover had already been finalized?
“Yes.”
-Oh my, what a coincidence.
The factory that Seongryeol Distribution purchased was the property that was put up for sale by the Jeong Seo-hee family.
-By the way, I never told you that you were JM Foods’ daughter.
“Yeah, that’s right. It would have been fun if we had talked about that. It’s too bad.”
-We can do it next time we meet. By the way, wouldn’t that make it a competitive relationship rather than a cooperative one?
“But we are in the same industry, so how can we just compete? We have to cooperate and help each other and run our business that way.”
-Do you know that we don’t even have a company office, let alone a factory?
“You can just rent an office and set it up. It’s important to secure a manufacturing plant first.”
-Not set up in the Cheongdam-dong building?
“How much does it cost to set up a company office there? It would be better to save up all that money and invest it in the company.”
-That’s amazing. You even thought of something like that.
“It’s more embarrassing to hear compliments like this. It hurts my pride too.”
Jeong Seo-hee had many conversations with Makemiya about various things.
The place that took over the old factory that I had my eye on was Seongryeol Distribution.
She quietly recalled Ha Soo-young’s eyes, which were filled with both leisure and confidence.
-Didn’t I hear you were going to open a ramen shop before?
-Oh, I do that too. No, I guess it would be more correct to say that I am preparing to do it soon.
-When you said ramen shop, I thought it was a franchise snack shop. I underestimated it so much.
– Since ramen is your main product, it’s not wrong to say that you sell ramen.
Clear eyes and a refreshing visual that isn’t bad.
Although he is younger than me, I don’t feel like he is younger at all.
Rather, while talking to him, I felt that he was more mature than my older brother, Jeong Seo-jin.
‘Are all self-made people like that?’
While I was quietly lost in thought, Makemiya brought up an unexpected story.
-How about we meet up at Seongryeol Distribution and talk about it?
“What are you talking about with Seongryeol Distribution?”
-It looks like those guys are jumping into the ramen market without even knowing the situation, but it’s not like the ramen manufacturing industry can take off overnight.
“That’s true.”
-I think if we join hands, we’ll have good synergy.
“…….”
Jeong Seo-hee closed her mouth for a moment.
I had that same thought a little while ago.
“It seems like it’ll be difficult.”
-why?
“Sungryul Distribution, you jumped into the business with at least 10 billion won in spare funds. You must be confident in yourself, but would you be happy if an outsider tried to get involved? If they knew I was JM Food’s daughter, they would be more cautious.”
-That’s true. But if I step forward, it’s a different story.
“Will you step forward, sir?”
Jeong Seo-hee asked back with anticipation.
It is a completely different situation for JM Foods’ daughter to step forward and for Makemiya to step forward.
From Seongryeol Distribution’s perspective, Makemiya is a business partner that has shown great favor.
Moreover, Makemiya is also a real estate tycoon with personal assets worth several trillion won.
-I told you that I would actively invest. Of course you should step forward.
“It would be best if you could step forward, sir. Thank you.”
-If they see my investment and your business plan, they won’t be so taboo. I’m ready to convince you, just like you convinced me.
“Did I convince you? I think it was the other way around….”
-Anyway, I’m preparing well. I’ll set up a meeting soon.
“Yes, thank you.”
-Please share a piece of your gratitude with our tender-hearted Jinseok.
“They are sharing a lot.”
* * *
The Milky Way God, the incarnation of the ancient god, was lost in thought.
‘Why isn’t the new word activated?’
This unprecedented situation, something they had never experienced or even imagined, caused even the ancient god’s incarnation to panic.
‘In a sense, swimming is like that guy, that guy is me.’
And the Milky Way God came to a clear conclusion.
‘He truly has the qualities of a candidate who will succeed me as the franchise god!’
The problem is that the new word has not been activated, but if we interpret it the other way around, we can see that it has unprecedented qualities.
‘If I can build up my mental skills to a certain extent, I might be able to become the next franchise god who surpasses me.’
In that way, the Milky Way tree was greatly inflated in the hope circuit.
* * *
-Son. Son. Son… … .
Ha Su-yeong, who was climbing Mt. Seoraksan diligently, was startled by the sound of the Milky Way tree’s voice suddenly ringing in his head and looked around.
“What is it? Am I hallucinating?”
-Son… Can you hear me, son… … .
“Father? Are you my real father?”
-Haha, it wasn’t a complete failure.
“How did this happen?”
-Thanks to the new powers injected into me.
“Wasn’t that a failure? You said I needed to build up a lot of mental skills?”
What more is there to build here, Ha Soo-young added inwardly.
-Oh, a failure. If you just build up your mental aptitude, you’ll be able to use the new language properly. Anyway, I’m glad you can communicate comfortably now.
“What really happened?”
-They say that through the power of new words, we can communicate even when we are this far apart. This is proof that the injection of new words did not fail.
“Now, I’m in a situation where I can’t avoid my father’s nagging no matter where I go in Korea or in the world.”
-No, this guy?