Chapter 167 - Bond (1/2)
Luckily none of his neighbours were taking a walk. He wouldn't be able to explain their bloody clothes, which would end with another bout with the police.
Entering the house, Wang Ming shouted once for Ming Ming and Fu Ya, to check if they were there, since he didn't want to scare them. Getting no answer, Wang Ming grabbed Qiao Meng's hand and pulled her into the house. He felt like a husband sneaking around with a mistress, afraid that Fu Ya would find them.
”Wang Ming, I didn't ask last time, but how much money does your restaurant earn? This has to be worth millions!”
”You've been there, how much do you think my restaurant earns?”
Qiao Meng tried to estimate Wang Ming's earnings, but all restaurants have different profit margins. ”I don't know, but if I have to guess with all your customers, maybe a few million yuan a year? But you haven't run your restaurant for long at all, you shouldn't have so much money yet.”
Qiao Meng truly underestimated how much profits Wang Ming makes from the restaurant. The restaurant is literally a gold mine. He doesn't have many expenses at all, so most of the money he earns from selling the meat is profits, a pound of pork belly costs from 20 to 30 yuan per pound, then with the wine, spices, maintenance costs and rice, the overall cost is about 80 yuan per serving.
”Qiao Meng.”
”Don't call me Qiao Meng, when I'm not working, just call me for Meng.”
”Meng.” Qiao Meng smiled brightly when he called her for Meng, there's only a few select people in this world that could call her for Meng, she absolutely hates it when a person she barely knows call her for Meng. It makes her feel disgusted and violated every time. There's been many people who want to woo her, so they call her for Meng, which makes her want to punch them right in the face.
”You probably don't know how much profit I actually make from the restaurant.” Qiao Meng's ears perked up. Even though she doesn't care about money, if Wang Ming earns a lot, it would secure the lives of their children. ”Louzheng manages my restaurant now, and he sells the pork belly at 250 yuan per serving, so for each serving I make a profit of 170 yuan. This translates to about 200 million yuan earned a year, as long as the sales numbers stay the same the whole year. Though my restaurant is very famous now, it wouldn't shock me if the sales gets even better.
”200 what!? Did you mean 200 thousand? Maybe 2 million?” Qiao Meng found it hard to believe that such a small restaurant could earn so much. Wang Ming's small restaurant earns even more than many franchises do. Wang Ming had no reason to lie to her, as they're a couple already, so it might have been a slip of the tongue.
”No, I meant what I said. 200 million yuan. Though I've promised Louzheng 10% of the profits. This is just the start, I'm going to open another three restaurants soon, soon there will be a Wang's family restaurant in every city in China.” Qiao Meng just looked dumbstruck, it's truly 200 million yuan. Her parents, though not the ric.h.e.s.t people in the world, earns a few million yuan a year, which has been more than enough to provide for her and let her buy whatever she have ever wanted. Her boyfriend earns a 100 times that in a year.
”Unbelievable! What are you going to do with all the money? Does a person even need a hundred million yuan?”
Wang Ming didn't know either what to use the money on. He has a house now, a car and a restaurant, even girlfriends and a daughter. What more could he possibly need? What is the point in earning more money?
”I truly don't have any reason to become any richer, after just a year I will have more than enough money to support our family and also the future generations. But then why would I stop? How many people would be disappointed if I stop selling pork belly, what would I do if I stop? I'm not just going to laze around every day.”