Duncan Li frowned after hearing this and sighed: “Five production lines can only produce 4,000 tons a year.
As far as I know, the daily production of large Moroccan canning companies starts from one or two hundred tons.”
The boss quickly said: “The production line here is relatively old, so the production efficiency is relatively low. However, our place is very large. If you are willing to invest in upgrading, we are ready to become a big company.”
As he spoke, he quickly introduced: “The labor costs around us are very low. Most of the workers’ monthly salaries are within two thousand dirhams, no more than two hundred US dollars, and they work hard without complaint.
I now have three hundred workers here. If you need them in the future, you can recruit 500 skilled workers from nearby cities at any time.”
Duncan Li smiled and said: “All companies have room for improvement, but it’s all about cost. Let’s do this. You give me a price and I’ll think about it.”
The man thought about it over and over again and said, “Five million dirhams, or half a million US dollars.”
Although the factory still makes a profit of 30,000 US dollars a year, its profits have started to decline.
The boss also knew very well that he could only last another ten years at most. In the next ten years, his profit would be 200,000 US dollars. That was even good.
As for my own factory, the equipment is very old. Even in a country like Morocco, it has gone through a cycle of elimination and is in a state of strong metal support.
Because the factory building is old, it is also difficult to raise prices. Moreover, it is located on the outskirts of a remote city, even the land is not very valuable.
Therefore, let alone 500,000 US dollars, even 300,000 US dollars, he would sell it without hesitation.