The King of Global Scrap Collection Chapter 39 - 39 39 Can't Delay Anymore

39: Chapter 39: Can’t Delay Anymore 39: Chapter 39: Can’t Delay Anymore Next, they hired a renovation company, spending over ten thousand yuan to have the design and renovation handled by them.

The company promised to complete the work in half a month according to his specifications.

By the ti they finished all of this, it was already eight or nine in the evening.

Li Zhongnan said to Han Xue, “Old squad leader, you’ve worked hard.

I really appreciate it.”

Han Xue moved closer, teasing him, “Boss Li, how are you going to thank ?”

Li Zhongnan hesitated for a mont, then offered, “How about I treat you to a movie after dinner?”

Han Xue gave him a glance and said, “Forget about the movie, we can talk about it later.

I’ve been tired all day and I need a good rest tonight.

There’s still a lot to do tomorrow, such as purchasing various items, hiring shop assistants, and registering the company as quickly as possible.

Otherwise, it might take several months to open for business, and this month’s rent is already sixty to seventy thousand.

Can you afford it?”

After a pause, she added, “Have you found a supplier?

We wouldn’t want to have a nicely renovated store with nothing to sell.”

“I’ll start working on that in the next few days!”

Li Zhongnan nodded, then said, “Han Xue, I’m delegating everything else to you!”

Apart from the sourcing, the company’s online marketing division still needed to be set up by him personally.

After all, Han Xue had no experience in that area, so he had left her to handle all the physical aspects.

Han Xue chuckled, “Alright, as long as you trust .”

Finally, she asked, “Li Zhongnan, where do you get your money from?

You’re investing so much this ti, do you have enough money?

Do you want to borrow so from ?”

“I have enough!

Don’t worry about the money, I robbed a bank!”

Li Zhongnan joked, then handed her a bank card, “There is half a million in there.

If you need money for anything, don’t hesitate to use it!”

Han Xue took the bank card, her face blushing slightly from her thoughts.

After casting a glance at him, she asked, “Should we ask Xiao Ting to co and help ?”

Li Zhongnan forced a smile and said, “Let’s talk about it later.

The County town store needs soone to oversee it.”

Yes, this can’t be postponed any longer, they need to resolve it quickly.

After dinner, they went their separate ways.

By the end of the day, including the half a million yuan operating expenses for Han Xue, about a million yuan less was left.

Next, there were still a lot of expenses.

Well, they could buy so second-hand phones to make a little profit.

No matter how poorly their Northrealm store is doing, they could still sell a dozen or so phones a day.

Also, they need to keep operating the Taobao Store that Chen Xiaoting is running.

He went straight to the Nangang Second-hand Phone Market.

When he arrived at a rather large shop, he asked directly, “How much are the second-hand mobile phones?”

The shop owner shook his head and replied nonchalantly, “You’re asking a very broad question.

The specific price depends on what kind of phone you want and how new it is.”

Li Zhongnan spoke calmly, “I want a bit of every brand, it doesn’t matter how new they are.

The lower the price, the better.

But there is one condition, all the phone parts have to be original.

I don’t want any refurbished or rebuilt phones.”

Over the past few days, he had tried disassembling a few old phones and reassembling them, then using the system to restore them.

As a result, they could be restored, but the cost in gold coins was twice that of an original phone.

Although the cost of one gold coin is only a few hundred yuan, there are not many coins in the system.

As much as can be saved should be saved.

Upon hearing his words, the shop owner exclaid with delight, “Are you going to buy in bulk?”

Li Zhongnan nodded and said, “As long as the price is low enough, I’ll buy as many as you have!”

After so haggling, Li Zhongnan bought over eighty second-hand phones at this shop, most of which were mid-range models from Huawei, Xiaomi, and ZTE.

They varied from 30% to 80% new and cost about forty percent of the original price.

Additionally, he bought so obsolete phones that had not been disassembled for a few dozens to a hundred yuan each.

The total cost was around sixty thousand yuan.

Next, he visited a dozen more second-hand stores and continued to buy in large quantities.

He completely swept up all the obsolete original phones and bought all the old, low-cost second-hand phones.

By the ti it was one or two in the morning, he had bought around one thousand five hundred phones.

Among these, around three hundred were obsolete, and about one thousand two hundred were second-hand.

Half of the phones originally cost over one thousand yuan, and the other half cost between five hundred and one thousand yuan.

After a rough estimate, it seed that if all the phones were restored and sold at their original prices, he could make around two million yuan.

However, the purchase cost was over six hundred thousand yuan.

If he added the cost of the gold coins, it would be around eight hundred thousand yuan in total.

Sigh, there’s not much profit to be made.

If he sold them as refurbished phones, he could probably make around a million to 1.5 million yuan.

After deducting the operating and selling costs, he could probably make about half a million yuan.

Actually, a profit margin of roughly 100% is already quite sizable.

But in the past, the items he bought were obsolete products with virtually no cost, so now it didn’t feel very satisfying!

The next day, he returned to Northrealm.

He closed the store, entered the system space, and restored all the phones.

It cost around four hundred gold coins in total, leaving him with 13,508 gold coins in the system.

He took out all the phones; part of them were stored in the warehouse and part of them were displayed on the store counter.

After breakfast, he called Chen Xiaoting asking her to co to work.