Chapter 420 Acquisition of KFC (please ask for monthly tickets at the end of the month)
"Okay, can I ask, what kind of investment is it in the United States? Is it an investment in real estate?" Zheng Zhijie asked quickly.
Yang Wendong smiled and said: "It's not about real estate. To be precise, it's about food. Zhou Haoran will also go with him. He is the main one, but it can't be separated from the real estate, so you will also go with him. Let’s go take a look.”
Zheng Zhijie smiled and said, “Okay, when will we leave?”
“In the next few days,” Yang Wendong said, “When the aircraft maintenance inspection at Cathay Pacific is completed. , we will set off together.”
On December 4, Yang Wendong, Zhou Haoran, Zheng Zhijie and more than 20 people behind them arrived at Kai Tak Airport. Here you have a contracted aircraft that has been filled with fuel and ready for departure.
"Mr. Yang, the plane has been inspected." A ghost guy stepped forward and said to Yang Wendong, but strangely, his English pronunciation was not British, but American.
Yang Wendong smiled and said: "Thank you, Mr. Allen, let's go up together."
Allen, as well as another American ghost, were bought by Yang Wendong from American Airlines at a high price. The top aircraft maintenance engineers who were poached have stayed in Hong Kong for a long time and do not have to do anything. They only need to check some leased aircraft and conduct a comprehensive inspection before Yang Wendong or his family rents the aircraft for travel.
Then the two of them also need to get on the plane with him. No matter where they go, they can stay with Yang Wendong in a five-star hotel at the destination. Various other expenses can also be reimbursed as long as they are not too outrageous.
The core purpose is to ensure the safety of yourself and your family. Although it seems to cost a lot, it is just a drop in the bucket for the Yang family's assets today.
When I buy a plane one day, I will adopt the same strategy
"OK, boss." After Allen agreed, he asked his colleagues to get on the plane with him.
After everyone boarded the plane, the two aircraft engineers also went to the back of the cabin and did not appear in front of Yang Wendong and others. Yang Wendong and others were looking for a place to rest;
In this era, there is no direct flight Flights from the United States to the United States from Hong Kong need to land in Tokyo or Alaska. After refueling, we can get to Los Angeles. If we are going to New York, we have to land once in the middle. So the whole trip is very long. Even if it is a private plane, it will take more than 24 hours. After all, private planes have to be dispatched and commanded at various airports. , you can’t just fill up the tank and leave immediately.
27 hours later, Yang Wendong and others landed at Los Angeles International Airport, and Lin Youjing, who is resident in the United States, came to the airport with his men to greet them.
"Yang Sheng, the hotel is ready." After Lin Youying arranged Yang Wendong and others into the car, he also sat in the back row and said: "Mr. Sanders has also arrived in Los Angeles. I'll make an appointment for you tomorrow, so you can have a night's rest."
"Well, thank you very much," Yang Wendong said with a smile. Although it is a chartered flight, it is really tiring after sitting for more than 20 hours.”
After all, the contracted plane is not a private plane like the previous life, which means the chairs can be made more comfortable and can even be tilted down. No, so it can only be said that chartering a flight saves some time, but in terms of comfort, it can only be said to be slightly more comfortable than first class because there are far fewer people around.
Lin Youjing also said: "Yes, it's a pity that Hong Kong is too far from the United States, otherwise we could buy a small private jet."
"Today's small private jets are still too small, unsafe, and encounter too much turbulence in the airflow." Yang Wendong shook his head and said, "Let's wait and see when the aircraft industry develops better in the future."
Not to mention now, even aircraft like the Gulfstream G650 decades from now are very technological and comfortable, but because they are small, they will be very bumpy once they encounter airflow. However, the weather prediction technology was relatively developed at that time, and it was relatively more It's definitely much stronger now.
In this era, the best private jet is still the Boeing 737 series, but this classic jet has not yet come out, and it will not travel around Europe and the United States very often for the time being, so it’s okay to wait. I’ll do it myself in a few years. There are more funds, international business is more frequent, and the 737 just happened to be released, so you can consider it. Anyway, you can just buy it with the profits from the United States, and you can still get tax deductions.
After staying in the hotel for a night, Yang Wendong and Bai Yujie both recovered a lot of energy. They went to the balcony of the presidential suite and looked at the Hollywood sign halfway up the mountain in the distance, the sea beyond and the 270° surrounding city scenery.
Bai Yujie stretched out her hands, stretched, and then said: "Brother Dong, the scenery in Los Angeles is really good. There are mountains, water, and cities."
"Isn't it the same in Hong Kong?" Yang Wendong asked with a smile.
Bai Yujie said: "It's the same, but it feels a little worse in the city. There are not so many mountains. You can see very far at a glance."
Yang Wendong said with a smile: "Hong Kong It is a small city, with more than half of its area still being barren mountains and forests. The residential area is relatively small, so naturally it cannot compare to this kind of city. A city in a mainland country."
"Yes." Bai Yujie nodded, then looked at the Hollywood sign in the distance and said, "I've heard of Hollywood for a long time, and I want to go there."
"I want to take a look too, but let's go together after the business is done." Yang Wendong said with a smile.
"Okay." Bai Yujie also knew that business was more important, and then asked: "Brother Dong, is this KFC really worth a trip to the United States for you to discuss the acquisition in person?"
As early as on the plane, Bai Yujie already knew that one of the things Yang Wendong wanted to do when he came to the United States was to acquire a company called KFC; he had also read the company's information, and it was not bad, but Yang Wendong probably didn't need to come to discuss it in person.
Yang Wendong said: "This KFC is indeed not very big in scale. Just looking at the scale of the acquisition, I do not need to come. However, what I value more is their operating model;
This The operating model is a culture summed up by the founder Sandoz after a long period of operation. I also need to discuss it face to face."
"So you value this person named Sandoz more? Bai Yujie asked. She also knew that in some companies, people are more important than business.
Yang Wendong nodded: "You can say that."
Bai Yujie asked again: "It's just that Sanders is almost 70 years old, can't he work anymore??"
"I'm not old enough to sell my company." Yang Wendong said: "You have to give up. Even if he doesn't work in the future, he can still come and provide guidance. The most important thing is that the team he once trained must stay with peace of mind."
This time The main purpose of coming to the United States is for KFC.
For some big companies in the future, Yang Wendong also recorded some of the ones he remembered after traveling through time. There were probably dozens of them; but those involving petroleum, banking, heavy industry, automobiles, etc., he most likely did not. What opportunities are there in this approach, and if you remove these, and remove the technology and Internet companies that have not yet been born, the number left is already very small.
Therefore, in these years, he read overseas English newspapers every week, looking for some information that could activate his dusty memories. By chance, he saw information about KFC and learned that its founder was looking to sell, so he asked Lin You Jing went to contact him.
After several months of negotiation, the two parties finally reached an agreement on many aspects, and then the boss Yang Wendong came forward.
He is still very interested in the future brand of KFC. It has considerable profits and can create a large number of jobs. Through this business, he can invest early in real estate with high future value around the world. Wait
"Yeah" Bai Yujie didn't ask any more questions.
At noon, Yang Wendong and Bai Yujie, led by Lin Youjing, arrived at a KFC store in Los Angeles. A white-haired old man was also at a table near the window. wait.
"Yang Sheng, this is Mr. Harland Sanders, the founder of KFC." Lin Youming introduced in fluent English: "Mr. Sanders, this is Mr. Yang, my boss. I have already "I told you." "Yes, you said it many times, Mr. Lin." Sanders also stood up and shook hands with Yang Wendong and said, "Hello, Mr. Yang, it's nice to meet you."
"Me too." Yang Wendong also shook his hand and said.
Afterwards, Lin Youjing, as the intermediary, briefly introduced a few more words, and everyone sat down.
Sanders smiled and said: "Mr. Yang, this time we are talking about business, we should not come here originally, but this transaction is for 600 KFCs in the United States, so as a buyer, you are still here It tastes better. Mr. Lin has eaten KFC in more than a dozen cities across the United States before."
Lin Youjing also nodded and said, "Yes, I was on a business trip in the United States during this time, even if it wasn't. For the sake of KFC business, I also went to the local KFC to taste it.”
"It's okay, I don't mind. On the contrary, I also like the taste of roast chicken." Yang Wendong said.
After eating too much delicacies from the mountains and seas, Yang Wendong sometimes goes to the food stalls in Hong Kong to change his taste. In terms of hygiene, as long as it is about the same, there is no need to compare with big hotels.
There is also a very classic saying in the past life. KFC in the Mainland is the most hygienic store that most ordinary people can have access to. There is almost no one like it. Even though there are some shortcomings, the big chain brands In terms of hygiene, it is much better than ordinary hotels.
"Haha, okay." Sanders smiled, then waved to a blond woman, who nodded and left.
Sanders added: "Wait a moment, KFC is a fast food restaurant, and the food is served very quickly."
"Are these chicken steaks, chicken nuggets, and burgers prepared in advance?" Yang Wendong asked again.
Sanders nodded and said: "Of course, the kitchen goes to work very early and will be prepared in advance. As for the vegetables, they are shipped from the factory. Basically, they are brought here the day before. The whole process It was all in a freezing cold environment.”
“But I also heard that there was a food spoilage incident in New York City last year, and it went to court, right?” Yang Wendong asked again.
Since you want to make an acquisition, you must check the information. A small lawsuit was dug out. Don’t think it’s a small matter, but if you make good use of it, you might be able to save some money for the acquisition. money, or get some other benefit.< br>
Sanders said: "Yes, that incident was indeed serious. Later we investigated the reason and found that there was something wrong with the chicken we bought from the factory. However, we did an internal random inspection and found nothing. .”
"This will indeed be a loophole. Is there any solution?" Yang Wendong asked again.
Sanders replied: "Later, we changed suppliers and put forward higher requirements for the new suppliers. However, this is not under our control. We will do random inspections after they arrive at our side. In fact, it just depends on luck."
"So the core is still in the factory?" Yang Wendong asked again: "Does KFC have its own factory?"
Sander Shi shook his head and said: "No, we can't do it. One is that there are financial restrictions, and the other is that the factory has scale requirements and needs enough shops around it to achieve low cost;
Currently I Although there are 600 KFCs here, there is only one small meat processing factory next to the headquarters. I am only a shareholder and have no ability to acquire it.”
"So that's it." Yang Wendong nodded and said: "This kind of chain store is really difficult to control the front end by itself if it is not large in scale."
Like a factory, only when the scale is large can we move towards the supply chain. Development, otherwise the cost of doing it yourself will be higher when the quantity is small, which is not cost-effective.
But how to grow from small to large without the advantage of raw materials is super difficult. Only less than one in a hundred can succeed.
Sanders added: "It's a pity that I am old. If I were still young, I might still work hard."
"It will take a lifetime to create a company like KFC. It’s wonderful.” Yang Wendong smiled and said, “Then let’s discuss cooperation.”
At this time, the waiter brought a bunch of food, and Sanders said again: "Okay, let's discuss it while eating."
Yang Wendong nodded and asked first: "Mr. Sanders, I heard In addition to funding, do you have other requirements?"
Sanders nodded and said: "Yes, KFC will be sold, but I hope it can develop normally until it becomes the largest restaurant chain in the United States. One;
This was my goal back then, but due to my age and lack of financing, there are only 600 companies in the United States today, which is far behind the others. ”
"That's no problem. My goal is to develop KFC to a global level." Yang Wendong also said: "If not, why would I come to the United States thousands of miles away?"
"Okay, but I hope it can be reflected in the text." Sanders added: "After your acquisition, you will use no less than 500,000 US dollars per year for expansion."
"500,000? Okay." Yang Wendong finally nodded and agreed.
Although it is not good to leave these things in the text, he also knows that the old man Sanders cares very much about the company he founded. Even if he wants to sell the company, it is because he knows that KFC is in his hands. It cannot be developed.
Many entrepreneurs, even if they sell their company, are very concerned about its future.
Sanders then said: "Okay, I will not interfere with your management in the future, but in terms of health and hygiene, it cannot be lower than the current requirements."
"Of course I attach great importance to hygiene, but are there standards for this?" Yang Wendong asked.
If you want to do catering, you naturally care about hygiene. The bigger the company, the more so. Because while the chain store increases its reputation, the disadvantage is that if there is a problem in one store, it will affect other branches if it is exposed by the media.
Sanders smiled and said: "Of course there are standards, and I have written them down in writing. We will go to the kitchen later and have a look, and you will know."
PS: Please ask at the end of the month Monthly Pass
(End of Chapter)