Chapter 215 - As dinner time quickly approached, Shu Yan looked over at the direction of the front door time and again. (1)
Hu Ruixue had been considering franchising since the very beginning and that was Shu Yan’s idea as well. As such, when the important customers came, they’d always take them to the direct sales shop after they have toured the factory.
“Will your company be producing these casual wear and underwear in the future as well?”
“Of course. These are all designed by our own designers. The factories that will produce the underwear are already in the preparation stage and production will commence shortly. Same for the casual wear.”
During their tour, other customers would trickle in periodically. As there were other men presence, most of the women were embarrassed to look at the underwear and left after they have purchased some fall set or pajamas.
Many customers’ eyes beamed. As long as they could find a good location, the Yanxue and Xianxue brands would for sure be profitable.
“I will like to find out more details about joining the franchise. What kind of help and support will we receive?” Someone asked.
“We are only looking for 50 franchising partners for the time being and tentatively looking into tier 1 and tier 2 cities. We do ask to see a proof for a storefront rental contract. Better if you own the place, of course. The fee to join the franchise is 10,000 yuan. Once you have joined the franchise, our company will have a team to help you with remodeling, product display, and training of employees.”
“10,000 yuan to join the franchise?” A few of them felt that the amount was too high.
“This is the discount for the first batch of franchisees. The fee is going to go up afterward. I trust that you are aware of the power of the commercials of the Yanxue and Xianxue brands. We are already well-known throughout the country. Once you have joined us, you will start earning money immediately. It all depends on whether you have the drive to be the first to do it.” Shu Yan smiled lightly. The opportunity was being presented to them. If they chose to let it pass them by, there wouldn’t be on her.
“What about merchandizing? Are there any discount on that?” A woman among them had already decided to join. Her question was more in depth.
“We have done the calculation. Stock for an entire shop plus some inventory came out to around 10,000 yuan. We offer two options. First one is 55% off the first time, then 50% off going forward. The second is you get an additional 10,000 yuan of merchandises on us for every 50,000 yuan you add to your account. Essentially the inventory is on us.”
Cost of franchising was 10,000 yuan. 50 of them meant 500,000 yuan in capital. If they choose to add 50,000 yuan, that would come out to 3 million yuan. That would allow them to start up the clothing and underwear factories. The cost of 10,000 yuan of merchandizes was only 1,000 yuan. Either way, they stood to make a lot.
“Putting 50,000 yuan in our account means money will be deducted from it in the future. What kind of discount are we looking at then?”
“Right. Money will be deducted when you merchandize in the future. Same discount as the other plan, 55% the first time and 50% going forward. We might have other promotional activities in the future.”
Many people starting whispering to others. Xianxue’s name was becoming more and more well-known. That meant as soon as the shop was set up, there would be business immediately. And business translated into money.
“In addition, we have our own direct sales shop in tier 1 cities. We will divide the city up into separate regions and there will only be one franchised shop per region. So if you are interested, you should sign a contract soon. You don’t want someone else to take away the opportunity first.” Shu Yan added more fuel to the fire with a smile.
Three of the people present immediately expressed their intention to move forward. They stated that they would look for storefronts immediately to join the franchise. Shu Yan had them signed an agreement, paid a deposit, and their districts had been reserved for them.