257: Chapter 257 Education and Training? How about a private junior college?

Chapter 257: Education and Training? How About a Private Junior College!

"I have some spare funds on hand. Do you know of any good companies?"

Tian Hanxiong looked at the big boss in front of him who was about to borrow twenty-five million from their bank... and fell silent!

But on second thought, wasn't this a good thing?

This way, he wouldn't have to worry about Su Yang being unable to repay the loan!

He thought for a moment and asked, "Does Chairman Su want to get involved in other industries?"

"Yes!"

"As far as I know, Chairman Su already has seven subsidiaries under Jufan Holdings. Do you still have the energy?"

Su Yang corrected him, "It's eight. Your information is outdated!"

"Alright!"

Tian Hanxiong took a deep breath and looked seriously at the young, handsome, sharp, and charismatic Su Yang, unable to help but feel admiration!

He greatly admired Su Yang's business talent.

Among all the young people he had seen, Su Yang's performance was the most outstanding!

As long as the companies under his command had been operating for a while, none were not profitable.

Even in this "winter period" for the catering and fitness industries, Su Yang's Jiuxiang Catering and Spark Fitness could go against the trend and expand across the country!

A true business genius doesn't just possess extraordinary management and talent-spotting abilities.

They also need strong ambition and abundant energy. He felt Su Yang possessed all these basic elements!

After hesitating, Tian Hanxiong asked softly, "What industry is Chairman Su interested in?"

"I'm better at the service industry!" Su Yang thought for a bit and said, "Do you know of any service industry companies that are easy to acquire? Tell me so I can use them as a reference!"

As long as it was the service industry, Su Yang could fully leverage his advantages.

But he didn't want to start a new company from scratch. His recent energy was mainly focused on Meijia Housekeeping, Fengyuan, and Spark Media!

"Companies that might be sold usually have many problems!" Tian Hanxiong didn't want to scam Su Yang. "Either serious debt, a broken capital chain, or the entire industry is in decline... People won't easily sell high-quality companies!"

Banks indeed held some business information on companies and enterprises.

Which companies were over-leveraged, which had overdue loans.

Which companies' capital chains were likely to break...

"It's fine!" Su Yang waved his hand. "I'm just using it as a reference!"

"I know of a large clubhouse with some cash flow issues..."

Tian Hanxiong thought of that client of Longyin.

Su Yang wanting to consult him for companies to acquire was very beneficial for him.

Lately, some companies were indeed on the brink of bankruptcy!

If those companies that couldn't repay their loans went bankrupt directly, the bank would also be in a mess!

Su Yang taking the initiative to step in was equivalent to being a receiver.

"Forget that, no thanks!"

Su Yang shook his head repeatedly. He didn't want to get caught up in that.

He wanted to be a legal businessman and would try his best to avoid industries prone to gray areas.

Tian Hanxiong thought for a moment and asked again, "Then is Chairman Su interested in the education and training industry?"

"Are you trying to hurt me?" Su Yang was a bit amused. "Wasn't this industry cracked down on by the authorities two years ago?"

"No, that's a junior college!"

"Which junior college?"

When Su Yang heard it was a junior college, he immediately became interested.

The education industry was indeed one of his primary options.

This thing was not only suitable for his cheat, but it could also train talent for his other companies!

However, junior colleges like this weren't so easy to acquire.

He didn't have any channels to obtain information in this area.

"Rongcheng Yanhu Vocational College!"

"I don't seem to have an impression of it!"

"It's right that you don't!" Tian Hanxiong explained. "If you did, it might cost hundreds of millions or even billions."

"Hmm." Su Yang looked like he was all ears. "Manager Tian, please continue!"

"This vocational college is a private junior college. Their parent company is in real estate and has recently been looking to borrow money from the bank... I heard they seem to have the idea of selling Yanhu College!"

"Roughly how many tens of millions would it take to buy?"

"Probably seventy or eighty million!" Tian Hanxiong thought for a moment and said, "Yanhu College's debt is also around 120 million."

"In other words, it's worth 200 million?"

"Exactly!" Tian Hanxiong nodded seriously. "This junior college was built less than five years ago. Its scale is relatively small, its teaching staff isn't very strong, and it's not in Rongcheng but in a nearby suburban county."

"Then why is it so expensive?"

"After all, it's quite difficult to start a junior college!"

"That's true!"

Tian Hanxiong added, "If managed well, the profit is still very high!"

"Hmm."

Su Yang knew Tian Hanxiong was telling the truth.

Tuition for private junior colleges easily reaches over ten thousand a year; besides that, there are accommodation fees, meal fees, and other expenses.

If the number of students reaches five thousand, even if each student pays 15,000... the annual tuition could reach over 70 million.

If calculated at a 40% profit margin, the annual profit could exceed 20 to 30 million!

No wonder so many education group companies have gone public.

Of course, this is just an ideal state!

There are also many vocational colleges that can't recruit enough students and go bankrupt directly.

But that doesn't stop it from being a good business!

Su Yang once looked at the undergraduate admission rates of various provinces in the country.

Their province honorably ranked last with a 30% undergraduate admission rate.

Trying to get into an undergraduate program in this province is also at hell difficulty!

Settling for the next best thing, attending a junior college seems okay too.

Although population decline is a major trend.

But if the school can be run well, there will naturally be no shortage of students!

Tian Hanxiong asked with a smile, "How do you feel?"

"A bit expensive!"

"Not just a bit expensive, you also have to compete with other companies!"

Su Yang blurted out, "New Dream Education Group?"

"Yes!" Tian Hanxiong nodded with a smile. "One of the three major education giants in the country!"

"Tsk tsk!" Su Yang clicked his tongue. "That's very strong!"

This was definitely not Su Yang being alarmist.

After all, behind this education group was a powerful private giant!

Ranked in the Fortune Global 500 for several consecutive years, business in many countries worldwide, over 500 subsidiaries... and it's in the real economy, which is very strong!

As if comforting Su Yang, Tian Hanxiong said with a smile, "New Dream is indeed strong, but you're not without a chance!"

"How so?"

"They have debt problems. It seems the money they borrowed from the USA is about to come due!"

"Alright!" Su Yang thought for a bit and said, "If they really want to sell one day, let me know!"

Su Yang's thinking was simple: if he could buy it, he would; if not, so be it.

He didn't intend to go head-to-head with an industrial giant. Why bother?

He had plenty of business to do!

"I'll keep an eye out for you!"

In Shanghai, Tian Yijun was about to pick up her daughter when she suddenly heard her phone's text message tone.

She thought it was some spam message, but when she opened it, she was stunned!

"Card ending in 7854, Sept 7, 16:35, XX Bank income 2,304.71 yuan, balance xxx, sender: Rongcheng Jiuxiang Catering..."

I really had writer's block yesterday; I wrote several thousand words and deleted them all..."