CHAPTER 1129: CHAPTER 1128: PERFUME WORKSHOP

Ye Qiu wasn’t sure, so he decided to go up and take a look first.

Together with Louise and Zhou Wenting, he took the elevator up the skyscraper. They arrived at the thirty-something floor, then stepped out of the elevator. Ye Qiu and Zhou Wenting followed Louise to the office of a place called Kevin Perfume Studio.

Just upon arriving at the entrance, Ye Qiu had already seen the name of the studio. As he looked inside, he spotted many people in white lab coats walking around. Observing these men and women, he saw that they were all young.

After Louise knocked on the door, she asked, "Hello, may I know where Dr. Els is?"

"Dr. Els is in the office."

A man passing by pointed to an office inside and said.

Louise, Zhou Wenting, and Ye Qiu headed to that office, and they didn’t notice any particular smell. The labs and research rooms here were likely isolated, hence no noticeable scent was present.

Upon reaching the office door, Louise knocked, and soon a man’s voice came from inside. When Louise pushed the door open, Ye Qiu, Zhou Wenting, and Louise went in. Ye Qiu saw a somewhat short and chubby middle-aged man with glasses, wearing a white lab coat, sitting there.

"Hello, I’m Louise. Are you Dr. Els?"

"Hello, Miss Louise, I’m Els."

Els stood up and said.

After Ye Qiu closed the door and looked around carefully, he found that this place was very different from domestic offices, quite simple, with just a computer desk and some books and materials on it.

There weren’t many chairs inside either.

"Here’s the thing; we’ve heard your company is up for sale, so we came to inquire."

This perfume research lab focuses on researching perfumes and then selling the perfume patents. The employees here are all at the master’s level or above.

But as to why they want to sell it, it’s clearly because they can’t continue anymore.

"Miss Louise, let’s discuss it slowly."

"This is my boss, Mr. Ye."

Louise introduced.

Els didn’t pay much attention to Ye Qiu; he didn’t expect that this young Asian-looking man was the boss.

The other party naturally appeared much more enthusiastic.

As the three sat down, Els poured a cup of coffee for each of them and said, "Mr. Ye, our company has a history of twelve years, but in recent years, major companies have their own labs. Therefore, perfume patents developed by us are not as valuable as before, and third-party research is also hard to undertake."

"How do you plan to sell it?"

Louise asked.

"We’re just not making money, and those researchers outside demand high salaries."

The average salary in France is already quite high, and those outside are outstanding graduates from prestigious schools, so salaries can be even higher.

Under such circumstances, without income to support, it’s certainly unsustainable.

"I would like to take a look at your data from recent years."

Ye Qiu said.

Whether this company is valuable or not depends on what they have gone through over the years, and why things are the way they are.

"Mr. Ye, I can detail it to you because I am the major shareholder and the owner of this studio."

"Then please go ahead!"

...

What surprised Ye Qiu was that this Dr. Els was also a professor at the University of Paris, so his main business was teaching students, while this studio was merely an extra.

However, even so, his university professor’s salary couldn’t be used to cover the studio’s operations.

In the previous years, because of the development of several new perfumes, their patents were sold to related perfume companies, and the income was quite good.

However, recently, the requirements for perfumes in France have been rising, and frequent updates are required. The competition among big companies is extremely intense. Thus, even though Paris is the fashion capital and perfume is one of the main fashion brand demands, the competitiveness is insufficient. Without launching a particularly popular perfume on the market, sustaining the operation becomes impossible.

If Dr. Els doesn’t sell, he might have to file for bankruptcy and dissolve the studio.

Of course, it’s best if someone else takes over, as his reputation wouldn’t be affected then.

Ye Qiu, Louise, and Zhou Wenting listened for a long time and learned that, at its peak, the annual income exceeded a hundred million euros.

But now it’s less than ten million; in such a situation, it’s unlikely that the staff of the lab could even be paid.

"Dr. Els, what I’m interested in are the researchers in your studio. As for the studio itself, it’s not really valuable. How are you going to sell it?"

"Well, I just hope to sell it for five hundred thousand euros."

It’s apparent Els is looking for someone to take over.

Mainly also to take those lab researchers because if they don’t resign normally, when the company goes bankrupt, there would still be compensations due to them.

"Five hundred thousand isn’t much? We can discuss it."

Ye Qiu said.

He naturally aimed at those lab researchers.

Of course, he already has the perfume’s secret formula; the key lies in production according to the steps. And during this process, these researchers are certainly needed to conduct research. After verification, it can be marketed and sold.

"What are you planning to do then?"

"I’ll go back to teaching."

He was still a professor at the University of Paris, only coming here when he had time.

Ye Qiu chuckled and didn’t say much more.

"Mr. Ye, what do you mean?"

"Let Miss Louise negotiate with you at that time!"

Now that Ye Qiu understood the situation here, he was ready to leave.

Moreover, during the earlier conversation with Dr. Els, Ye Qiu realized that entrepreneurship is indeed challenging. It would be easier if someone invested, removing worries about funding issues.

However, without investment, it is feared that it can’t continue for much longer.

Upon leaving the office, as Dr. Els personally saw them off, Ye Qiu, Louise, and Zhou Wenting got on the elevator and went down.

When they got into the car, Ye Qiu said, "Louise, you can discuss with Dr. Els; five hundred thousand is five hundred thousand. But we also need the previous perfume patents, and the perfume factory should be purchased as well. However, the price needs to be negotiated to the lowest. Then move this perfume studio to that factory’s research and lab work."

"Qiu, I understand."

Louise replied.

Now, they naturally prepared to drive back to the Eastern Castle.

When they returned to the Eastern Castle, it was already past six in the evening. Housekeeper Eugene and a middle-aged couple were waiting for the three of them to come back for dinner.

When Ye Qiu parked the car, Housekeeper Eugene said, "Count Charley has already sent people to ship those thousand cases of wine, and the payment has been transferred to my account."