Chapter 563: Specializing in Bad Debts and Non-performing Loans
"The water pipe broke, it scared the life out of me..." Bai Yu suddenly rushed out from the bathroom.
Su Chen's mouth twitched slightly.
Because Bai Yu clearly wanted to say it scared the life out of her old mother, but she changed it at the last moment into a coquettish "it scared me."
A woman, willing to hide her coarseness in front of you, even if she doesn't like you, it also shows she has a liking for you.
"I'll go check." Su Chen opened the door and walked in.
As soon as he entered, he saw Bai Yu's clothes thrown aside.
Su Chen quickly averted his gaze and found that it was just a broken handle on the shower head which couldn't be turned off.
But it could be forcibly twisted shut.
It's just that Bai Yu is a girl and didn't have enough strength.
Su Chen easily turned it off.
"Thank you so much." Bai Yu gave him a grateful look.
"It was nothing." Su Chen said nonchalantly.
A few minutes later, Bai Yu changed into another set of work clothes.
"Oh? Mr. Su wants that advertising space in the subway station?" Bai Yu tapped her fingers lightly on the table.
"Yes, I believe President Bai also understands our traditional Chinese medicine techniques, definitely not the kind that seeks fame without substance, it certainly won't tarnish the reputation of Baiyu Advertising Company," Su Chen confidently stated.
Bai Yu looked a bit troubled and said, "I certainly trust Mr. Su's medical skills, but..."
After pondering for a moment, Bai Yu frowned slightly and said, "Do you have to have that exact location? Can it be somewhere else?"
"I have to have that location," Su Chen asserted seriously.
To achieve the best effect in the shortest time.
The best advertising space is necessary.
The subway station has a huge flow of people; if an advertisement for the traditional medicine department can be placed there, the effect should be tremendous.
If it is replaced somewhere else, it probably will not achieve the desired effect.
Even if it could achieve the effect, it might take a very long time.
Seeing Su Chen insistence on that advertising space, Bai Yu said with difficulty, "That's going to be difficult..."
"The price is negotiable." Su Chen thought that perhaps his initial offer wasn't high enough.
After all, Bai Yu is a businessperson, certainly putting interests first.
Originally, he didn't expect that 200,000 would secure the advertising space there.
It would definitely require a higher offer.
"Ah, it's not about the money…" Bai Yu sighed.
"What is it then?" Su Chen was puzzled.
"If you had come to me a few days earlier, it might have worked, but now that advertising space has already been reserved by someone else..."
"How long has it been reserved?" Su Chen only needed to advertise for the traditional medicine department for two to three days.
Renting that advertising space long-term would probably cost more than the department's revenue.
"One year!"
A year!
This was a bit troubling.
But for that advertising space, Su Chen was determined, and immediately said, "President Bai, can you tell me who rented that space? I'll try to see if they'll let me use it for just three days. I only need three days."
"This... might be difficult," Bai Yu shook her head.
Bai Yu knew that person well; once something reached their hands, there was no possibility of giving it back.
This advertising space, she hadn't sold it off.
It's not that no one wanted this advertising space.
But anyone who thought to take this advertising space hadn't even left Baiyu Advertising Company before being separately invited into a small dark room.
After coming out, they would voluntarily give up on the place.
Bai Yu was initially puzzled as to why this was happening.
But later she understood.
Someone was deliberately causing trouble.
This advertising space was in a prime location; not advertising there would result in losses of millions each year.
With no choice, Bai Yu had to agree to lease the space out, and the rent was just 200,000 a month.
200,000 a month is 2.4 million a year.
But this advertising space, its actual value, definitely exceeds 5 million.
That is to say, the other party could turn around and make a profit of 2.6 million.
Because of intense competition, it could be even more than 2.6 million.
The other party had been eyeing this advertising space not for just a couple of days, but had finally taken it; how could they possibly relinquish it easily.
"Are you sure you only need three days?" Bai Yu thought for a moment and asked.
"Yes, three days is enough. Any longer and I couldn't afford it," nodded Su Chen.
"Well then, let's do this. I'll go with you to meet him and see if he will lease it to you for three days, but, don't get your hopes up too high."
"Thank you, President Bai."
Bai Yu accompanied Su Chen into the elevator.
The elevator stopped on the ninth floor.
Upon exiting the elevator, Su Chen immediately saw a conspicuous sign.
"Brother Bear Debt Collection Company, specializing in collecting bad debts..."