Chapter 101 - 101 Harvest_1
The sales in the morning were quite acceptable, and Greg Jensen thought that was it for the day, but it wasn’t until afternoon that he realized he had underestimated the situation.
Just after lunchtime, customers flooded into the supermarket like a tide.
“Wow, so many customers…”
Seeing the look of surprise on Lois Abbott’s face, Greg couldn’t bring himself to dampen her spirits, because he knew this was just the initial surge due to the opening days.
Normally, the novelty would wear off for many customers after a few days, and the numbers would dwindle significantly.
However, with the customers at hand, they should be able to make quite a bit of money.
Greg eagerly awaited the end of the day to close the store, and then he and Lois sat in front of the computer to check the back-end accounts.
Lois sat nervously beside him. Although she had some talent, she had only managed Reverie Inn before; this was her first foray into entrepreneurship starting from scratch.
“How much?”
“All…”
Greg pretended to be disappointed and shook his head.
Seeing this, Lois became even more nervous and mumbled, “Couldn’t be too little, right? There were so many people today.”
Greg nodded, sighing, “Yes, a lot of people, too bad it was only a hundred thousand yuan.”
“Only one hundred thousand… How much…”
Lois began to speak but then caught on, angrily saying, “Nice, you are actually teasing me!”
“Hahaha…”
Unable to contain his laughter, Greg burst out laughing.
“Did we really sell a hundred thousand?”
Greg nodded, “Of course, future sales might fluctuate, but it should not drop below seventy thousand.”
“Seventy thousand?”
Lois, with a face full of delight, said, “That’s not little at all, seventy thousand a day, over two million a month. Even with a ten percent gross margin, we are still making over two hundred thousand a month.”
Greg smiled and nodded, feeling very happy; although it wasn’t enough to buy a set of Qi and Blood Pills in a month, at least it was a start.
With the grocery store bringing in over two million a year, after splitting the profits, Greg could still keep one million seven or eight hundred thousand.
Plus the dividends from the hotel, earning two or three million a year wouldn’t be a problem.
And this was only the beginning. If this store made money, it meant his method of making money was sound.
After a while, he could open another branch, or move the store directly into the city.
By that time, he wouldn’t have to worry about not having the money to buy Qi and Blood Pills anymore.
“Where shall we celebrate today?”
“Isn’t it up to you to decide?”
The two picked up Lois’s Wrangler, joined by Lois’s sister and Jacky Wolfe, and went to a newly opened restaurant for a simple dinner.
Then the group went to the KTV to enjoy themselves for half a day before returning to Love Home Garden late at night.
Lois’s sister and Jacky Wolfe went to sleep in the second bedroom as usual, while Greg and Lois returned to the master bedroom.
After a quick wash, the two of them engaged in some physical activity and then lay in bed talking.
Lois voiced her concern, “Greg, do you think our sales will drop a lot in a few days?”
Greg laughed, “Don’t worry, they won’t. Chestor Ware has already agreed to promote us in the upper circles.”
“That’s good.”
Relieved by his words, Lois wore a relaxed smile.
With Chestor Ware’s social connections in Riverhaven County unsurpassed, having him promote meant likely attracting all the county’s wealthy to shop at the grocery store for their fruits and vegetables.
Indeed, the sales in the following days were as Greg had predicted, with daily revenue consistently between seventy to eighty thousand.
Although it was a slight drop from the first day, both Greg and Lois were quite satisfied.
At the same time, the reputation of the grocery store gradually picked up, especially among Riverhaven County’s elite, where it became well-known.
The smarter ones guessed that Greg Jensen was the Mr. Jensen who caused the Fragrance Night Club to close its doors to this day.
The less astute, for Chestor Ware’s sake, followed suit and patronized the place anyway.
In half a month, the turnover of the fruit and vegetable supermarket didn t decrease but instead increased.
From an average of seventy or eighty thousand, it shot straight up to ninety thousand.
This made Lois Abbott incredibly happy, and she immediately discussed with Greg Jensen the opening of a branch store.
Opening a branch store was certain, but the location required careful consideration.
The county town was very small, and Peach Blossom Fruit and Vegetable Supermarket took up a central commercial position, not far from Riverhaven Square.
Therefore, after consideration, Greg Jensen decided that the branch store wouldn’t be on such a large scale but directly set up as a chain store instead.
Uniform distribution, uniform pricing.
In this way, it wouldn’t steal business from the supermarket here, and it could expand the vegetable business throughout the entire county.
This chain direct operation model, both the property and preliminary preparations are very simple, the key issue was the lack of staff.
Greg Jensen intended to find people in Peach Blossom Village, with the villagers being well-known and hard-working, managing a vegetable store would be more than enough for them.
This wasn’t something Greg Jensen could handle, so he could only have Lois Abbott go back once, while he himself went with Summer Abbott to look at properties.
In one day, the two had run all over Riverhaven County, renting a total of four storefronts, and they had already commissioned a renovation team to start fixing up the interior.
During this time, the turnover of the fruit and vegetable supermarket rose a bit more, stabilizing at around one hundred thousand.
Some are happy, some are sorrowful!
Riverhaven County’s market is only so big, with Greg Jensen’s fruit and vegetable supermarket selling big; it caused other supermarkets’ fresh produce to completely languish.
As a result, the turnover of other commodities also dropped a significant amount.
Within Riverhaven County’s villa.
Kenny Walker’s brow was deeply furrowed, his eyes holding a hint of ferocity.
Butler Wayne Cooper stood in front of him, sweating nervously.
“What’s the deal with this month’s sales? Is that manager you hired competent? Sales dropped fifty percent in a month.” The more Kenny Walker talked, the angrier he got, exclaiming, “Damn it, I didn’t earn a single penny this month; instead, I lost over a hundred thousand.” The nightclub still hasn’t reopened to this day, and the supply of medicinal herbs has been stopped by Chestor Ware; the only revenue-generating channel left was the supermarket, which actually lost over a hundred thousand this month.
Kenny Walker was close to going mad!
Looking at his face, Wayne Cooper felt a chill in his heart and spoke with trepidation, “Boss, I really can’t be blamed for this.
Who would have known that a small fruit and vegetable supermarket could attract so many customers? Plus, they opened right opposite our supermarket; many regular customers have been taken by them.”
“The fruit and vegetable supermarket? Greg Jensen’s fruit and vegetable supermarket?”
“That’s right, it’s his. I just heard he was going to open one, but later we found out, that kid actually opened it right across from our supermarket.”
Kenny Walker’s face darkened withanger, he snapped, “Is that supermarket manager you found useless? Can’t he lower prices to compete with them?” “This… might not be something that lowering prices can solve, right?” “Fuckyour damn excuses! Is there anything that lowering prices can’t solve?” Kenny Walker stood up in a rage, kicked Wayne Cooper to the ground, and cursed, “Go, tell the supermarket manager, starting tomorrow, implement a full price reduction.
If he can’t handle it, then light a fire and burn down that kid’s supermarket.” Wayne Cooper hesitated, “Wasn’t it just supposed to be a warning?” “Bullshit, with things being so tightly monitored now, if you want to die, don’t drag me down with you.”
Kenny Walker said impatiently, “Now scram, don’t get in my way here.”
“Yes, boss.”
Watching Wayne Cooper scurry out like he was fleeing, Kenny Walker’s face grew even more unsightly, dark as if it could drip water.
He had indeed considered smashing Greg Jensen’s supermarket to the ground outright, but then he thought better of it-smashing would be too easy to be caught red-handed, it would be cleaner just to torch it.”