Chapter: 6572

What's more critical is that this old enterprise finds it extremely difficult to invest in upgrading or expanding the business. The industry profit margins are already low, and the cost of upgrading would be a massive investment. One wrong move could lead to losses.

Lee Yalin also saw another natural advantage of seafood food processing companies - they would have vehicles continuously transporting raw materials between the factory and the port.

With this in mind, Lee Yalin believed this company was the best choice.

When Lee Yalin arrived at the entrance of the food processing company, he found that it didn't even have a single security guard. The old gate was always open, and the factory buildings seemed large but were actually quite rundown.

On the right-hand side, it looked like a loading and storage area because there was not only a convenient unloading platform but also a single-story building with excellent sealing capabilities. Lee Yalin guessed that this must be the cold room used to store raw materials, and a truck was parked in front of the platform, carrying fresh seafood and moving it into the rear cold room.

The cold room connected to the largest single-story factory building, which should be the production line. On the left-hand side, there was another similar platform with a sealed building at the back. Lee Yalin guessed that this must be the storage area for finished products and loading zone.

When Lee Yalin arrived at the entrance of the factory, he could already hear the deafening sound inside due to the need to heat and sterilize cans. The large doorway was rolling out waves of hot air.

It wasn't until Lee Yalin walked into the factory that someone finally noticed his unfamiliar face and approached him with caution, speaking in local language. Seeing that he looked like a regular worker, Lee Yalin took out a $10 bill and handed it to him, saying in English, "Where is your boss? I want to see him."

The other person didn't understand English or French but had heard of the word "boss" before, so he immediately realized Lee Yalin wanted to meet his own boss. He also thought that taking a $10 bill was quite generous, considering it was more than his daily wage, so he promptly led Lee Yalin to his boss's office with exaggerated gestures.

The boss's office was located on the side of the factory building in a two-story steel-framed structure with glass on all four sides, allowing him to see the entire factory floor.

When an employee brought an unfamiliar person to meet the boss, the boss too had some surprise and began to size Lee Yalin up from afar.

Disguised Lee Yalin may not have revealed his true identity, but he was still a face that looked like it belonged to someone from Asia. Since most of the factory workers and their upstream and downstream industries were Moroccan locals, seeing an Asian person here was indeed very rare.

Lee Yalin had investigated the boss's background before arriving, learning that the man was now 61 years old. He used to be a public servant working for the city government department above this level but felt that the seafood processing industry had prospects, so he resigned and returned home to start his own canning factory.

Due to his local roots, he had accumulated many connections during his time in the city as a public servant, which helped him when returning to his hometown. He received many favorable policies, including large plots of land and low-interest loans, allowing his factory to grow in scale over time.

However, since he was starting from scratch, many years went by before he actually received a decent income. The money he earned had to be used to pay off loans or maintain relationships.

After paying off his debts, his income level should have been okay for about seven to eight years. His annual profit was probably around twenty thousand dollars above and below, which is quite a lot in this area.

But the situation has changed significantly over the past few years. Now, his annual profit has already reduced to just a mere thirty-five thousand dollars.

Because he knew the other party had a background in public service, Lee Yalin was certain that they spoke French fluently and communication would be smooth sailing.

The employee led him to the entrance and said something in the local language. The boss inside immediately waved his hand at them through the glass partition.

The employee pushed open the door and told the boss that Lee Yalin wanted to see him. Lee Yalin didn't hesitate, directly asking in French, "Are you the boss here? I want to buy your factory."

As soon as the boss heard this, his entire face lit up.

He knew that Asians had money, especially Asian businesspeople who usually came from affluent backgrounds. He had already thought about selling this factory for a few years but no one was interested, and now he found himself with a proactive Asian businessman knocking on his door. His mind immediately ignited the dream of cashing out and enjoying retirement, so he quickly stood up and said to Lee Yalin, "Welcome! Please sit down and take a seat!"

As he spoke, he quickly dispatched his employee and took out a bottle of mineral water to offer to Lee Yalin, smiling and saying, "We're actually thinking of selling. As long as the price is right, everything here can be sold."

Lee Yalin didn't want to seem too eager to buy, but instead smiled and said, "The people in our country have recently started to like canned sardines, so I'm thinking of setting up a factory in Morocco to produce sardine cans for direct export to our country. I've already surveyed many factories along the way. Please tell me about your situation first and what advantages you have."

That old boss quickly said, "We have a total of five production lines here, four of which are used to produce canned sardines, and one for producing other seafood products. Our annual output is roughly around 4,000 tons." JrNovels.com