However, the situation has significantly worsened in recent years. His annual profit has dwindled to just between 30,000 and 50,000 US dors.


    Understanding that the other individual had a civil servant background, Li Yalin felt confident thatmunication in French would pose no issue.


    An employee guided him to the door and spoke something in the localnguage. The boss inside waved at them through the ss.<h3 style="background-color:DodgerBlue">


    The employee opened the door and informed the boss that Li Yalin wished to meet him. Without wasting time, Li Yalin directly asked in French, “Are you the boss here? I’m interested in purchasing your factory.”


    Upon hearing this, the boss’s eyes sparkled with excitement.


    He recognized that Asian businesspeople were generally affluent, particrly those venturing abroad for business. He had been eager to sell the factory for a long time, yet no one had shown interest for several years. Now, with an Asian businessman approaching him, he envisioned cashing out and enjoying afortable retirement. He quickly stood up, weing Li Yalin and inviting him to sit down.


    As they conversed, the boss promptly sent his employees away, fetched a bottle of mineral water, and offered it to Li Yalin with a smile, stating, “We are indeed considering selling. If the price is right, everything here can be sold.”


    Li Yalin, wanting to project a calm demeanor, replied with a smile, “Canned sardines have recently gained poprity in our country. I’m contemting establishing a factory in Moro to produce canned sardines for direct export back home. I’ve already visited several factories; could you please provide a brief overview of yours and its advantages?”


    The boss responded quickly, “We have five production lines in total—four dedicated to canned sardines and one for other seafood products. Our annual output is approximately 4,000 tons.”


    Listening intently, Li Yalin frowned and sighed, “Five production lines yielding only 4,000 tons annually? From what I understand,rger canned foodpanies in Moro start with a daily output of 100 to 200 tons.”


    The boss quickly exined, “The production lines here are somewhat outdated, resulting in lower efficiency. However, our facility is quite spacious. If you’re willing to invest in upgrades and renovations, we have the potential to expand into arger enterprise.”<fn7991> Th?s chapter is updated by Find~Novel</fn7991>


    He continued, “The cost ofbor in this area is very low, with most workers earning less than 2,000 dirhams a month—equivalent to about 200 US dors. We currently employ 300 workers, and should you need more, you could easily recruit 500 skilled workers from nearby towns.”


    Li Yalin smiled and replied, “Every business has room for improvement, but it ultimatelyes down to costs. Let’s do this: provide me with a price, and I’ll consider it.”


    After some thought, the boss suggested, “Five million dirhams, or 500,000 US dors.”


    Despite the factory still generating a profit of 30,000 US dors a year, the boss was aware that profits were on a downward trend, and he could only hold on for another ten years at most. In that time, it would be optimistic to expect a profit of 200,000 US dors.


    The factory’s equipment was outdated, having surpassed its prime even in Moro, and was practically at the end of its life cycle. If sold, it would likely fetch a price just above scrap value.


    Given the factory’s aging structure, its price point would be limited, especially since it was located on the outskirts of a remote town where even thend held little value.


    Thus, even if he could only secure 300,000 US dors, he would sell without hesitation.


    Li Yalin took his time discussing the price and asked detailed questions, insisting on a tour of the facility. Behind the factory, they found an employee cafeteria and several warehouses. Although the factory employed just over 300 workers, the facility could easily amodate thousands.


    Additionally, they discovered around 15 tons of canned goods awaiting shipment in the finished product warehouse, valued at approximately 40,000 US dors ording to market prices.


    After assessing the overall situation, Li Yalin addressed the boss: “Here’s my perspective. I’ve seen the premises, and to be frank, it’s older than I anticipated. Renovations and upgrades will require several million US dors. I prefer to be straightforward in business, so I’ll present you with two offers. You can choose either one, and if neither is eptable, I will explore other options.”


    The boss eagerly responded, “Please, go ahead.”


    Li Yalin stated, “My first offer is a lump sum of 250,000 US dors to buy out all visible and tangible assets here, including thend, factory buildings, production lines, and equipment. This also includes all raw materials and finished product inventory in your warehouse.”


    Upon hearing this, the boss’s expression turned somewhat despondent as he replied, “Honestly, our raw materials and finished product inventory are valued at no less than 50,000 US dors.”


    <p