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Chapter 675 Cinema Investment

Langya Cinema was built in the 1950s. This two-story building was still a very tall building in the last century, but at this time, it was obviously very dilapidated.

Although various new movies are still being staged here on time, the hardware is really bad, so few viewers will choose to come here to watch movies.

After the wave of watching movies in cinemas has been launched among young people, Langya Cinema has not been able to recover with the help of this east wind because of its backward hardware.

Let’s not talk about the problem of cold winter and hot summer in this cinema, nor do we say that the seats are so old that we can’t bear to look at them. Just talk about movies. At present, various Hollywood blockbusters frequently appear on the screen, among which 3D movies occupy half of Jingshan. When this polarized 3D technology is already popular, Langya Cinema still uses the most original color cast technology, and the visual effect is extremely poor. Therefore, young people in Langya would rather wait on the Internet to download and watch pirated versions than spend 10 yuan to watch genuine movies with poor results.

This result has led to years of losses in Langya Cinema and can no longer adapt to this era.

If the cinema can be renovated and rebuilt, it will undoubtedly be a great enrichment for the spiritual life of the Langya people, and it will also be a very conspicuous political achievement for Li Shubin.

As for the profits, Bai Ningyuan knew very well how popular the business of Langya Cinema was after the reconstruction. After all, Langya was too small and there were too few places for Langya people to relax and entertain, so the cinema naturally became a good place for many young people to entertain and romance.

In the past, commercial complexes were basically retail, catering, and entertainment at a ratio of 60%, 20%, and 20%. However, with the improvement of the living standards of Chinese people, the demand for entertainment has become more and more online, and the proportion has gradually become 40%, 30%, and 30%. Cinemas have the ability to gather commercial popularity as much as large supermarkets, and cinemas have become the most selling business format for commercial complexes.

As for profit issues, the money-making channels of cinemas, in addition to selling popcorn and other methods, the big one is still in the account sharing of box office. According to the domestic film industry's accounting method, cinemas generally obtain 50% of the net box office after deducting taxes and fees. Generally speaking, the industry generally recognizes that the investment cost can be recovered in an average of 6 to 8 years, with the shortest 3 years and the longest 10 years.

More importantly, the operation of guaranteed capital in theaters is very simple. If you think that only a dozen people will lose money when watching a movie in the theater? That can only be said to be a big mistake. The actual situation is that if a movie is OK on weekends, a movie will be shown during an unpopular period, as long as five or six people can watch it, it can be guaranteed, because rent and other costs are fixed. It can be said that the cinema is simply "making money while lying down"!

Until Bai Ningyuan's rebirth, Langya only opened a 17.5 cinema in 2014, but it was hard to compare with Langya Cinema in hardware facilities, and it could not have an impact on Langya Cinema. It was just that it could attract some young audiences with its low ticket prices.

Bai Ningyuan estimated that under the premise of Langya's monopoly operation and the rental of the top-rise buildings would be able to recover the investment cost in about 4 years. If this is used as a condition to exchange for Li Shubin's support, it would definitely be a sure-making transaction.

Besides, Bai Ningyuan was very happy to give it to Li Shubin. He was very happy to see how high Li Shubin, who had already changed his destiny, could reach in his career.

What's more, they are all their own family members, how could Li Shubin not lean towards Bai Ningyuan? He is not a saint, and his previous concerns were just about whether Bai Ningyuan had the qualifications to build a house. He heard that even a few yamen were partners, so he naturally had no worries in his heart. As Bai Ningyuan said, they could not make jokes about the career of their elders.

Therefore, even if there is no such condition, Li Shubin will naturally take care of Bai Ningyuan. Now that Bai Ningyuan has thrown out this big bait, it is even more certain.

"Okay, since you said that, if I don't agree, you won't scold me in your heart!" Li Shubin shook his head and cursed at Bai Ningyuan with a smile, and at the same time he felt deeply moved. His nephew acted more decisively and did not give anyone a chance to refuse.

"How dare I scold you when you say this? Otherwise, my mother wouldn't have to tear me!" Bai Ningyuan quickly lowered his posture and said with a wry smile when he heard Li Shubin's words.

Seeing Bai Ningyuan's down-eyed look, Li Shubin couldn't help but look speechless and said angrily: "Stop pretending there. You and I don't know yet. I can find a way to operate the project for you, but you have to remember one thing. You must ensure the quality of me. Don't cause any trouble for me!"

Hearing Li Shubin's repeated warning words, Bai Ningyuan also showed a serious expression on his face: "Don't worry, uncle, we will guarantee the quality. At most, the price will be higher when setting the price. The wool is on the sheep. Just put 120 hearts on it!"

Seeing that Bai Ningyuan said such words with confidence, the solemn atmosphere just now was destroyed completely, and Li Shubin was completely speechless when he looked at his nephew.

He simply stopped saying anything to him, so as not to hear some more annoying words. Li Shubin took out a map of Langya City from the drawer, spread it on the table, then waved to Bai Ningyuan, signaled him to go over, and then picked up a red pen and drew some circles in several places.

"This is the site selection of the first phase of the renovation plan that our Chengdong Street Office newspaper went to. See if you have any interest!" Li Shubin said to Bai Ningyuan.

When it comes to serious matters, Bai Ningyuan's face also became serious. He carefully looked at the marked parts on it, and at the same time tried to confirm it with his mind's memories of his previous life.

Whether a house is good or not is not only related to the quality and apartment type, but also has a huge relationship with the surrounding geographical location and environment. Bai Ningyuan is now using his foresight to select these addresses.

In addition to confirming the development of the surrounding environment in the future, there is another important factor that needs to be taken into account, that is, the willingness of the people in the renovation area to cooperate. In this period of pride in being a "nail household", various cases of demolition disputes are common, so Bai Ningyuan is also trying to think about where in the past life, news about nail households and forced demolition were exposed during the demolition process, and these places were the first things he should avoid.

They have prominent identities and are also sensitive, so many times they often cherish their feathers. After all, if you are not good, you may lose some rice. Soon, Bai Ningyuan chose a few potential positions on the drawings and pointed them to Li Shubin one by one.

After a brief discussion, Li Shubin and Bai Ningyuan determined several alternative plans, and the next thing to do is to wait for the city to approve the renovation plan of Chengdong Street Office. Once these alternative plans are approved, Datong Real Estate will also take action as soon as possible...

The second update today!

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