Chapter 413 Everything Is Interest
Noel and Horton finally smiled when they saw Li Changheng.
He immediately knew that he had figured out the key point.
He couldn't help laughing and continued, "Although building a new stadium will increase a lot of costs to build at least two floors of underground parking.
One floor has to be opened for free to New Yorkers who come to Long Beach every summer.
But it's a good thing for you, it's a good thing for King's Point Town, and it's a great thing for those merchants.
So, I can't think of anyone other than the New York government who would object to you tearing down Martel Stadium and building a new stadium that is more modern, more luxurious, and can hold more spectators. "
Li Changheng smiled and nodded, "How much does it cost to buy a stadium?"
"this,,,,".
Noel and Holden were a little embarrassed and silent for a while.
It's easy for Li Changheng to guess that all the people in the stadium don't want money.
Sure enough, seeing that Noel kept silent, Horton could only sigh and said, "The Martell family hopes to obtain the shares of Panda Restaurant."
Hearing this, Li Changheng did not despise the Martell family member.
After all, the media has long reported on Intel.
And this family didn't mention Intel, which means they still have self-knowledge and really want to sell the stadium.
Unfortunately, since Li Changheng guessed that they wanted to sell, let alone the shares of Panda Restaurant, he had to suppress the price.
Seeing Li Changheng smiling with his eyes narrowed, Noel and Horton felt a chill in their hearts.
Unconsciously, an ominous premonition floated in my heart, and then I heard Li Changheng ask, "How much is that stadium worth?"
Noel shook his head at Horton, who had surprised eyes.
He was not as optimistic as Horton, and he really thought that the young man in front of him was considering whether to exchange shares to win the stadium.
Instead, he suddenly had an intuition that the Martell family was likely to be unlucky.
"If you buy it in cash and in full, it should not exceed 25 million US dollars?"
Li Changheng was taken aback. He was in Westhampton, and a 12-acre manor cost 17 million US dollars. The valuation of this stadium is only 8 million more expensive?
"You gotta understand, Henry."
Noel looked helplessly at the super rich young man in front of him who didn't even care about $25 million.
"The stadium is a building from the 1930s, and there were several attempts to sell it, but in the end it never sold.
Moreover, although there are more than 1,900 villas in the town of Kings Point, the actual population of the town is only 9,260.
It is indeed underestimated based on the stadium alone, so there are so many businessmen and companies hoping to buy it and build dozens of townhouses.
But even if the villa area is really built, with a total of 70 houses, according to the housing price at this time, it will only cost about 50 million US dollars.
If you deduct the demolition of the stadium and the construction cost, the money that can be earned may not even be 5 million US dollars. "
Li Changheng immediately understood that it was not because of the kindness of the capitalists, but because of the unequal investment and contribution, which did not cause the big forces to intervene.
Moreover, he originally wanted to give Noel, Horton, and the political strength of New York and New Jersey behind them, and each of them doubled the franchise rights of Panda Restaurant, but he immediately threw it out of the sky.
Then he thought that the Martell family's idea of acquiring shares in Panda Restaurant was probably instigated by Noel and Horton, the honest customers.
After all, people's desires never end, and didn't I also think about how to lower the price after hearing this information?
It is definitely not possible to give the shares of the restaurant directly, and he is reluctant.
So when the franchise rights are given out, not only does it not suffer a loss, but people like Noel are helping him make money.
The more they earn, the more they want to have more stores, and the more these people will actively protect the interests of Panda Restaurant in New York.
However, there is still a problem here.
It is definitely not a good thing to give too much at one time.
Maybe another way.
After thinking about it, he added something called hope, "Perhaps the Martell family promised you that you can pay for the shares of the Panda Restaurant they hold.
But my promise to you is that you two, and other volunteers and officials, just make it happen and get the formal terms to tear down the stadium and rebuild it.
There is also a legally valid consent form issued by the residents of the town.
The promise I made to you before remains unchanged, but I will issue no less than 15% of the original shares internally when Panda Restaurant goes public.
The price will not exceed 70% of the listed valuation. How much of the shares you franchisees can buy depends on how much of the turnover you have operated Panda Restaurant over the years. "
"Are you serious?"
After Horton finished speaking, Noel's focus was not on this, but he frowned and asked, "You have to give us a number of years, right?
We can accept it in 5 or 10 years, but if it takes 20 years, Holden and I may go to see God. "
Seeing Nuoer's tangled and helpless expression, Li Changheng almost couldn't help laughing.
Moreover, he really did not expect Noel to use 5 years as the minimum age limit.
After thinking about it, "In 6 years, if Panda Restaurant can't take over the market in the big cities on the east coast within 6 years.
Then I, the owner and the helm, should let more professional people manage the company. "
This is to deceive Noel and other serious customers who don’t understand economics. Li Changheng’s real idea is that if there are only a hundred or even 300 restaurants, he will pay for the property rights of the stores himself. That's okay.
After all, a store these days, even in the most prosperous area like Manhattan, costs less than US$300,000 for 120 square meters.
If you buy a hundred rooms, it will cost less than 30 million US dollars.
As for Queens and Brooklyn, it's even cheaper.
But if the entire east coast is developed, thousands of houses will cost about 200 million U.S. dollars.
This money can really be used by oneself, but to be honest, just using this money to buy gold, the income is several times higher than buying a store.
Therefore, it is better to make the accounts of Panda Restaurant more beautiful, and use the money of shareholders to make money, which can increase the market value of Panda Restaurant several times and several times.
It is also an investment of 200 million U.S. dollars, with tens of thousands or hundreds of thousands of shareholders participating, then the market value is not one billion or eight hundred million.
It's an increase of two billion, or even three billion.
Moreover, after the restaurant is officially listed, you can resign as the chairman of the board of directors and be an investor with a large number of shares with peace of mind.
The money is not less, and if something goes wrong in the restaurant, he doesn't have to bear the responsibility.
After all, the products eaten in the stomach and the chips sold by Intel have two completely different results after problems occur.
Moreover, if a company wants to truly become a large group, it will inevitably have to give up its shares and allow more people to participate and make profits together.
After Noel and Holden received a clear answer and assurance from Li Changheng, the news came out the next day.
Many members of the Women's Association in New York and New Jersey, as well as members of the House of Representatives, are planning to submit a proposal to the Women's Association to host the 1984 Olympic Games.
And then nobody cared about the topic at first.