MY Masochistic CEO-Chapter 91 business ventures

HT Plaza was considered a bit remote, about seven to eight kilometers from the Sevan center, but the rent was not cheap.

"What about the larger one?" I prompted.

"The larger one used to be a small restaurant, about 4000 square feet. The location is better, so the rent is also not cheap, almost $75 per square foot!"

Calculating it like this, the monthly rent would be around three hundred grand, which added up to three hundred and sixty grand a year.

If it were before, my meager commission wouldn’t be enough, and I’d have to max out my credit cards.

But now it was different. I had money.

"How’s the renovation for the 4000 square feet?"

"The property has been cleared out. If you want to renovate, it’ll probably cost at least five to six hundred grand."

Five to six hundred grand!

Thinking about it, that was a million gone!

I asked, "If we lease the 4000 square feet lot, can we break even in a year?"

Lucy couldn’t help but laugh. "No matter what business you do, there are risks, how should I put it?"

My face turned red; it was my first time doing business, and it was a business worth over a million, so I was unsure.

She seemed to sense my inner unease and asked, "You’re not scared, are you?"

"What’s there to be afraid of?" I shook my head with a smile. "I’ve been digging into dance training options over the past few days. There are yearly memberships and also session-based classes. With a 4000-square-foot studio, it would qualify as a mid-sized dance training center."

I added, "Showers and storage rooms are essential, and there should also be a practice room. If possible, you can even add some beauty and makeup services or sell weight loss products."

"It seems like you’ve put in a lot of effort," Lucy said. "A small studio has its own survival strategy, and a large dance academy has its unique way of turning a profit. If the goal is to break even within a year or even make a profit, there are ways to do it. One approach is to reach out to major universities, negotiate partnerships, make some donations, establish a designated school collaboration, and then all the students would flock here for classes."

She continued, "One school can keep an institution afloat, toss in the folks who swing by because of its fame, and raking in the dough becomes a walk in the park. Now, if you can strike deals with two schools, then kudos to you, you’ve hit the jackpot."

Lucy’s words opened up my thinking. The daughter of the big boss is really different; she’s playing this bundled marketing strategy so well.

"Right, what you said makes a lot of sense!" I said.

The more I thought about it, the more it made sense. I was originally in marketing, and I knew that any industry could be profitable.

There were only unsuccessful marketing strategies, not declining industries.

Just like collecting scrap metal, making a million a year was easy if done well.

The marketing plan and channels were the most important aspects. Once these two aspects were in place, all problems would be easily solved.

Lucy smiled and said, "So, do you have that much money?"

"To secure such a large space, it’ll cost a million just to get started, and then we’ll need to hire dance teachers, female receptionists, and so on, with a monthly expense of at least a hundred thousand," she continued.

’What is she saying? Looking down on me, huh?’ I fumed inwardly.

I boldly said, "It’s just a million, I can handle it."

I parked the car. "Let’s go, take me to see that venue!"

Lucy looked at me with great surprise. "You didn’t tell me the truth last time."

"How did I not tell the truth?"

"Last time, you clearly indicated that you wanted to set up a small studio."

"Last time is last time; this time is different, isn’t it?"

To be frank, when I uttered those words previously, it was merely a litmus test, with my pride taking center stage, all in an attempt to rescue Lucy.

In the end, I couldn’t avoid the flaws of men, advising the prostitute to reform, even though Lucy wasn’t.

I didn’t think about it so much last time, but Lucy’s words today inspired me greatly.

If I could really make it work, then I would have a very stable income every year, not to mention millions, at least tens of thousands.

I decided that if I were to do something, I would at least want to achieve some results.

How much could you earn by keeping four million in the bank for interest? Money could only grow through investment.

On the third floor, there are also two small dance training institutions and two yoga studios. It could be said that that was a woman’s world.

As soon as I went upstairs, I encountered many tall and sex maniac beauties.

’If I open a shop here, wouldn’t it be great? I can see beautiful women every day.’

Now, I understood why this restaurant couldn’t survive. It originally intended to attract female customers, but those who came to dance were either shaping up or losing weight. Who would come to eat?

Even the couples wouldn’t patronize such a place frequently.

By then, the boys would be busy looking at beautiful women, and the girls would ask their boyfriends to join a yoga class after dinner. It was not worth it.

I thought with a bit of wickedness.

The shop was quite empty inside, yet it boasted an excellent location, taking up a prime spot. As soon as you stepped out of the elevator, you could see the entrance. With a one-way mirror on the north side, practicing dance here would certainly be a delight.

"If planned, how many people can this place accommodate approximately?" I asked.

"Probably sixty to seventy," Lucy said.

That was not very large.

"I see there’s another empty one next door..." I said.

"That’s a small single room of 1200 square feet!"

Lucy sighed, "I think that’s good too."

Seeing her expression, I knew exactly what she was thinking. "Can the wall in the middle be knocked down?" I asked.

"What did you say?" she looked surprised. "Are you planning to rent that side too?"

"Yes!" I nodded. "Although 4000 square feet is not small, it’s not large either. Have you ever thought that if a rich lady comes here to dance or practice yoga and mixes with our regular members, what would they think?"

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