Chapter: 6573

Lee Yalin listened with a furrowed brow, sighed, and said, "Five production lines, and only 4,000 tons produced per year? According to my knowledge, Moroccan large-scale canning companies start their daily production at over 100-200 tons."

That old boss hurriedly said, "The main reason here is that our equipment is relatively old, so the production efficiency is lower. However, we have a lot of space locally, and if you're willing to invest in upgrading and renovating, this place has all the foundation to become a large-scale enterprise."

As he spoke, he quickly introduced himself again, saying, "The labor costs around here are very low, with most workers' monthly salaries ranging from $2,000 to under $200. They're also willing to work hard, and I currently have 300 employees. If you need more in the future, we can recruit up to 500 skilled workers from nearby cities anytime."

Lee Yalin smiled and said, "All enterprises have room for upgrading, but everything is ultimately dependent on costs. So, please give me a price, and I'll consider it."

That person thought carefully before opening his mouth and saying, "Five million dirhams or fifty thousand US dollars."

Although the factory still made a profit of $30,000 per year, the profit had been steadily decreasing, and the old boss was well aware that he could only hold out for another ten years at most. Ten years from now would be twenty thousand US dollars in profit, which wasn't bad.

As for his factory, all the equipment was already very old and had gone through the scrap metal stage even in Morocco. It's like a makeshift effort, and if you were to sell it, it would probably be worth just a little more than scrap metal.

The factory building itself is also old and difficult to price due to its remote location, even the land value isn't very high.

So, whether it's fifty thousand US dollars or thirty thousand US dollars, he wouldn't hesitate to sell it.

As for his factory, Lee Yalin didn't rush to discuss prices and instead asked him many detailed questions. He then had the owner show him around himself, including the employee canteen and several warehouses behind the factory building. Although the worker scale was only over 300, it would be very easy to hide tens of thousands of people here.

In addition, there were about 15 tons of canned products waiting for shipment in the finished goods warehouse, which would probably sell for around $40,000 on the market.

After taking a look at everything, Lee Yalin said to the old owner, "Well, I've taken a good look at your situation. To be honest, it's indeed older than I imagined, and the cost of renovation and upgrading would be at least several hundred thousand dollars. As an entrepreneur, I don't like to waste time, so I'll give you two prices and two options. Whatever you choose, as long as you accept, we can reach a cooperation agreement. If not, I'll look into other options."

The old owner quickly replied, "Please go ahead."

Lee Yalin said, "The first price is $250,000 in one payment to buy out all the visible and tangible facilities here, including the land, factory building, production lines, and other equipment. Oh, yes, also including all raw materials and finished goods inventory in your warehouse."

As soon as the old owner heard this, he looked somewhat helpless and said, "I'm not hiding it from you - our raw materials and finished goods inventory alone are worth at least $50,000."

Lee Yalin smiled and said, "The second price is $300,000, but I'll only pay you $200,000 upfront, with the remaining $100,000 to be paid after my production starts. The other conditions are that you have to help me maintain these workers, and possibly for two to three months while I upgrade the equipment here. During this time, you must ensure that they don't stir up trouble, find any trouble or make any trouble, and wait patiently at home until I start work."

The old owner looked embarrassed and said, "I really can't guarantee this - they all need to feed their families. Without income for two to three months, their households may not have enough food, so they would definitely look for other jobs."

Lee Yalin said, "During this time, they will continue to receive half of their wages each month, and the remaining half will be paid in full when I start production."

The old owner heard this and suddenly relaxed, quickly saying, "Then that's no problem. They'll still have money coming in, so they would definitely agree."

Lee Yalin reminded him, "In order to ensure they don't leak out my situation here or reveal my commercial secrets, these matters must be handled by you. You need to let them think it's your own upgrade and not someone else's, then after they go back home, they shouldn't tell anyone about this place. Once commercial secrets are leaked, stop paying them, and the remaining half will be nullified."

The old owner thought for a moment and said, "All of these won't be a problem. My reputation can still handle it."

He rubbed his hands together and smiled, saying, "It's just that this price... is indeed a bit low for me. There are five thousand dollars worth of goods inside. At least, I should make at least 45,000 US dollars to be reasonable..."

Lee Yalin said, "Okay, as long as you handle what I assigned to you and let me fully devote myself to promoting the upgrade, I'll pay you 20,000 US dollars after the upgrade is completed and production starts smoothly. This way, the total price will be 40,000 US dollars."

The old owner heard this and instantly broke into a smile, without hesitation saying, "Deal!"

When he saw the other party accept this offer, Lee Yalin quickly said, "Alright, let's draw up an agreement. I'll pay you 50%, that is, 20,000 US dollars. You don't need to handle any transfer procedures with me immediately. Just help me calm down all the workers and fully prepare this place for me to complete the upgrade. The remaining 20,000 US dollars, I'll pay it off within two months." JrNovels.com