Chapter 121 Oxford Street Main Store
After buying the door face, Li Changheng, who has a mind to practice his hands, goes to his door face to chat with the designer about the decoration every day, and then goes to see Li Xingfu and his two apprentices, the research and development of the dishes.
Since he came to the door in person, he said he was looking for a chef.
Li Xingfu, who is almost 60 years old, handed over the management of his Sichuan restaurant to his son Li Yixiang.
Then he took two apprentices who were the best and most trusted by him.
I joined this panda restaurant without even asking about the salary and treatment, and the decoration of the facade has not even started.
To be honest, it is difficult to keep the dishes secret. Fortunately, fast food restaurants make food into semi-finished products.
Not only the sauce can be made secretly, but even the seasoning package can be made first, and the chef in the store only needs to fry it out according to the procedure.
Therefore, Li Changheng's treatment of Li Xingfu and his two apprentices is not bad in the Chinese community, not only starting with a monthly salary of 300 and 150 pounds.
They can also get 0.3% and 0.1% profit commission in London. If the commission is not enough for their salary, they will make up the commission equal to their salary.
As for the property rights and shares of the store, he will definitely hold it in his hands.
And the 0.3% commission is actually not that high.
A profit of one million pounds is only a commission of 3,000 pounds.
Li Xingfu wanted to get Li Changheng's relationship, or protection, and he didn't care about the commission.
And the only thought of his two apprentices is that he is already a manager-level person with an annual salary of 1,800 + bonus of 1,800 pounds, should he marry a wife?
If you save for four or five years, you should be able to buy a three-bedroom house.
Of course, the treatment is very high in the Chinese community, so the confidentiality contract is also extremely strict.
Even the lawyer and his assistants who drafted the contract are so strict that they have to review the legal provisions and past cases to ensure that the contract can be protected by law.
This matter has nothing to do with whether he is white with black hair or not. Even if Li Changheng is completely Chinese, he will still try his best to protect his own interests.
Recruit the store manager, two chefs, a cake baker, four waiters, and two housekeepers.
And Anne asked Annie to help find a retired, full-time royal kitchen maid to train 10 people in service and kitchen hygiene and safety awareness.
There is no one in service these days that compares to anyone who has served the royal family.
Then, in the process of finding the source of ingredients, Li Changheng was helpless and thankful that he gave up the idea of opening a chain store.
If it is only in the busy indoor area of London, cold chain vehicle delivery is okay.
Once there are too many stores, it is impossible to open processing centers in every city, and the cost of sending semi-finished products to stores in various cities and storing them will definitely cut off more than three levels of profits.
A month passed without knowing it. On February 1, 1969, the first panda restaurant, which had been renovated and prepared for a month, officially opened.
Not only Li Changheng and Annie are waiting for today's revenue data, but even Charles, Andrew and others who have started to renovate the restaurant are waiting to see if the improved Chinese food can really be loved by Londoners.
Originally, Andrew and other people were angry at him for opening the fast food restaurant on Oxford Street, but when Li Changheng came first, there was a 1v3 duel.
This group of people honestly listened to the different customers and audiences, and after they made rumors, they doubted and did not dare to provoke him and waited anxiously for the final result.
At ten o'clock in the evening, the phone call finally came.
The turnover of 1,100 pounds a day did not surprise Li Changheng. When there are more repeat customers, the turnover will increase by about 2-3 floors.
But what he didn't even expect was that the best-selling ice cream was priced at 50 pence each, definitely considered expensive egg waffle ice cream.
Knowing that this kind of snack will be popular in London in the future, two ovens were specially prepared to make egg waffles from the beginning.
But the store manager told him on the phone that many people lined up today to buy egg waffle ice cream sold at the window counter next to the store gate.
It opens at 9:00 am and closes at 9:30 pm.
The two ovens have never stopped throughout the day, and sold more than 200 egg waffles in one day. The Cantonese pastry chef who is in charge of baking is already tired and shaking his chopsticks when eating supper.
Li Changheng lamented that the Chinese are able to endure hardships, and at the same time, he proposed the idea of recruiting another pastry chef to the 25-year-old store manager Mary Edson, who was recruited by Meryl from the maid school.
Immediately, I thought of the large electric oven I had seen in the future.
"Mary, you tell the pastry chef that he will be working 50 ovens a day in the future, and it is better to improve the ovens than to increase the manpower.
Finally, your bonus this month is 10% of your monthly salary, and the pastry chef rewards him with an additional three days' salary, which is 15 pounds."
Hearing that there is a reward, even though Mary, the cashier's hands are softened by the store manager, she can't help but feel less tired all of a sudden.
"Thank you, thank you, BOSS."
After hanging up the phone, Annie said with a happy face, "When the turnover stabilizes, if there are 1,500 pounds a day, wouldn't it be possible to have a turnover of 45,000 pounds a month?"
"Almost." Li Changheng nodded with a smile, "After deducting all the expenses such as labor, water, electricity, and ingredients, there will be about 15% profit."
"so tall?"
Li Changheng shook his head, "I bought the store directly, saving nearly 30,000 pounds in annual rent, and the profit will of course be six or seven percent higher.
And don't forget, 28% sales tax."
"That's right," Anne thought for a while before she finally figured it out, "That is to say, after paying taxes, a store can have an annual income of 58,000 pounds?"
"Less." Li Changheng said with a smile, "The whole amount of money to buy the facade was bought with money borrowed from the Offshore Island Company, and the holding company of this panda restaurant is Henry-LEE Company.
I only have 39% of the shares in this company, so I only need to pay 39% of the 28% business tax, and I also enjoy tax rebates.
About £70,000 a year."
"Can it be exempted so much?" Annie looked at Li Changheng worriedly, "My dear, this is a tax of 12,000 pounds. Is it really okay to do so?"
"What could be the problem?"
Li Changheng curled his lips, "England's laws are like this, if you want to trouble me, first change the tax provisions.
And even if they change it, they don't have the right to trouble me about what happened before."
After finishing speaking, Li Changheng thought to himself that the plan to buy a store in a prosperous area would work.
Excluding the 380,000 for the three-storey façade on Oxford Street, and the 270,000 pounds paid for the decoration of the villa, the two million pounds of gold are still 1.36 million at this time.
However, he doesn't plan to buy a three-story store like Oxford Street in the future, and he will buy a store with a hundred square meters or even six to eighty square meters facing the street.
To buy a store, you can find a professional intermediary. The trouble is training the staff.
"Annie, help me and ask Ms. Meryl if the maid school in London is willing to accept a training job."
The last time I trained was a retired royal maid, and asking her to train 10 people in three weeks was considered overload.
Although the training fee of 20 pounds per person per week, a total of 600 pounds is not expensive, but the increase of several times, or even ten times, is no longer a task that can be completed alone with two assistants.
Annie nodded immediately, "I'll ask Ms. Meryl."
After more than ten minutes, Annie put down the phone and said with a surprised face, "Ms. Meryl said, if you still want to recruit those who have not been selected by noble families, graduates from the Maid Academy to be store managers.
It is entirely possible for them to be responsible for the pre-job training together.
While paying less salary, it can also cultivate the tacit understanding of the team first.
Most importantly, it is also possible to organize the training process into a manual to form a complete set of procedures for future preparation.”