Chapter 435: Chapter 435
At the end of 1987, the supermarket had a total profit of 7,000 yuan, which was the earning after all costs had been deducted. If one considered the renovations and decorations he initially invested in, it was likely still in the loss phase, but this year was no longer negative, indicating that this was a turning point, and tomorrow might be even better.
On the other hand, the retail department of the wholesale market had earned her twenty-seven thousand yuan with a profit of two thousand yuan per month, several times more than the supermarket. If it weren’t for this profitable venture, he was afraid he wouldn’t have been able to sustain it.
His design draft at the motorcycle factory had already passed the preliminary and subsequent reviews, and production would begin next year. How much he would be rewarded in dividends was still unknown.
And right now, he already had sixty thousand yuan in savings. He used sixty thousand yuan to purchase the land where the supermarket was located, a total of five hundred square meters. Currently, it had only one floor, but in the future, he could demolish it and build two or three floors — of course, provided that the supermarket could develop sufficiently.
Having bought the land, there was no longer any need to worry about rent. Sixty thousand yuan for five hundred square meters, at one hundred twenty yuan per square meter, was still commercial land with a century’s efficiency, absolutely a good deal.
His household registration was still in the countryside and had not been transferred. Anyway, he had bought the house and had the documentation, which wouldn’t hinder his child’s education. The child’s registration wasn’t too strictly controlled yet; they would discuss it later. If it was possible not to change from a rural to a non-rural registration, he wouldn’t, as rural registration would be advantageous in the future. However, many had to change their registration due to their children’s education.
Every year, his family stored three to four thousand pounds of grain at the grain station. He hadn’t stored it in "space" as there was no need, since the grains were harvested for consumption. Currently, after seven to eight years, he hardly ever went to take much, so the grain book still had about thirty thousand pounds of grain, which could be obtained at any grain station in Chongqing.
Considering that people asked about grain every day in the supermarket, he simply went to withdraw one hundred pounds of rice and one hundred pounds of flour every week to retail in the supermarket.
By the end of 1988, he had received dividends from the motorcycle factory and several accessory factories totaling 120,000 yuan, the most money he had seen since the shift. The factories also mentioned that there would be year-end dividends in the future. Although it didn’t sound like much at the moment, in this era "money was precious," and over one hundred thousand was already considered quite a substantial amount.
The motorcycles only hit the market in the latter half of the year. If it had been earlier, the dividends might have been even more.
Finally, his hard work had paid off as it should.
These 120,000 yuan, together with 15,000 yuan in profits from the supermarket and twenty-five thousand from the retail department, totaled one hundred sixty thousand yuan for the new year, making him quite a profit.
Then, he used his connections at the motorcycle factory to spend one hundred thousand yuan on a large truck and another thirty thousand yuan to obtain proper transport documentation. He then hired two experienced drivers, starting a vegetable wholesale business from the suburban counties of Chongqing to the major vegetable markets in Chongqing City. Discover more novels at novel⚑fire.net
In this era, transportation was relatively primitive. The vegetables that city folks could eat were all supplied from the surrounding countryside, and whether one could eat vegetables or fruits from other provinces or counties was purely down to luck — this was an era without small cars, and large trucks were very scarce. Whether by water, land, or railway, transportation was in extremely high demand.
He had a unique vision to capture this opportunity and immediately started to implement it. To better understand market trends, he even spent a week learning exactly what Chongqing lacked and then transported that from the suburban counties. However, since trucks didn’t have refrigeration, even though he wanted to deal in seafood, he didn’t dare take the risk, and for now, the concept of refrigerated trucks hadn’t been invented; this aspect had to be temporarily shelved.