Chapter 209: Chapter 125 High-end Black Market,
Recycling Second-hand Magic Tools _2
Translator: 549690339
Soon, an open-air foundry shop was set up.
Not only that, but a brass-colored flag was also erected.
On it were written four large characters, along with a row of small characters marked in bright red.
“Feng Sea Duan Family!”
“Specializing in repairing Lower and Medium Grade Magic Tools, can refurbish, maintain, and modify Ascendant Grade Magic Tools.”
“Buying second-hand Magic Tools at high prices, prices negotiable!”
Feng Sea Duan Family is the name of this little shop now, a name chosen by Luo Chen!
It subtly incorporates Duan Feng’s name while immediately making clear what the shop is about.
If it’s not clear, then the small characters below will surely make others understand.
This shop, after all, also houses Luo Chen’s share!
Most of the tools were bought by Luo Chen for Duan Feng using spirit stones. Not only that!
“Here are five Lower Grade Magic Tools and two Medium Grade Magic Tools that can be sold.”
“Additionally, I’ll give you two thousand spirit stones as startup capital to buy back those half-damaged Magic Tools at a low price.”
Luo Chen took out a large pile of assorted Spirit Stones from his storage bag and gave them to Duan Feng.
Based on his previous fortune, pre-distributed dividends, the income of the two small shops, and corps rolling from the three batches of Calamity Cultivator, it skyrocketed to seven thousand at one point.
Taking out two thousand spirit stones at this moment wouldn’t cause any significant damage to his current financial state.
Duan Feng was puzzled: “Didn’t we say we would buy back at a high price?”
Isn’t offering a higher price than Wanbao Pavilion considered a high buy-back price?” Luo Chen naturally said.
Uh…
Well, Duan Feng was speechless.
Wanbao Pavilion has always bought Magic Tools at half price.
If you just bought something, and take it back right away, they dare to halve the price on you.
If you say buying back at a higher price than half price is considered a high buy-back, then it could indeed be considered a high buy-back price.
“After buying it back, Xiao Duan, you only have to repair it a little, then sell it again at a slightly lower price than Wanbao Pavilion.”
“No, the price of Magic Tools has now increased, sell them at the original price of Wanbao Pavilion.”
“If the customer is unwilling, you can ruthlessly slash the price, pretend to sell it at a loss.”
“Ruthlessly! Remember, you must be ruthless!”
Duan Feng listened intently, nodding occasionally.
He really does not understand these business concepts.
But seeing Luo Chen speaking so learnedly, there must be great truths embedded therein.
“Those severely damaged Magic Tools, don’t ignore them, you can buy them for a few spirit stones.”
“You know the Melting Gold and Iron Technique right, melt them down, the obtained casting materials can be used to repair magic tools, or you could sell them to Wanbao Pavilion or Immortal Residence.”
“The arrays involved in Ascendant Grade Magic Tools are too many, if you are unsure, don’t take them lightly, so as to avoid damaging your reputation.”
Great truths?
In fact, there are no great truths in these words.
It’s just basic business knowledge of buying at a low price and selling at a high price.
In addition to that, Duan Feng does have the skills, so he can put them to use.
Would you say that immortal cultivators don’t understand?
That would be a joke.
But understanding is one thing, having the technical support is another.
So what if you have the technical skills?
You still need the startup capital!
If Luo Chen hadn’t provided guidance and a large amount of spirit stones, the average rogue cultivator could not have possibly undertaken this business. Even if all these are available, so what?
If you encounter unreasonable Calamity Cultivators who kill directly and seize the treasures, all of it would still be in vain.
However, Duan Feng had nothing to fear from these things. With the cultivation state at the Ninth Level Qi Refinement and with combat power that once ranked among the top three on the Sky Pride List, he was more than capable of calmly handling enemies below the Foundation Establishment level. Furthermore!
“Take this!”
Duan Feng hurriedly reached out and caught a token thrown by Luo Chen.
Upon closer look, the front side had an ancient seal script character for “Broken”, and the back side had a character for “Pill”.
“This is my token from the Broken Mountain Gang’s Pill Hall, it can command the Nine Halls cultivators of the Broken Mountain Gang.”
Duan Feng’s eyes widened, now that’s impressive!
Luo Chen coughed lightly, “Of course, being able to command them is one thing, whether they listen or not is another thing. However, most cultivators would give some respect upon seeing this token.”
This was no false talk from Luo Chen.
Right at the outset when the Pill Hall was inaugurated, Mi Shuhua rallied most of the late-stage Qi Refinement cultivators from the entire gang.
When Luo Chen gave the Fasting Elixir to these late-stage cultivators, Mi Shuhua called for everyone to give Luo Chen their full support.
Those people did “generously promise” on the spot.
Latter, a batch of Xuan Iron tokens were specifically made for the Pill Hall.
However, currently only Luo Chen, Sikong Shoujia, and Gu Caiyi hold these tokens.
A few days ago, when Duan Feng joined the Broken Mountain Gang, Luo Chen gave him one, which was proper and appropriate.
Luo Chen places high hopes on this magic tool repair shop and second-hand magical tool recycling point!
His level of interest far exceeds that of the Chen Yue snack stall and Honey Snow Ice City!
It’s only second to his main elixir refining operation!
Now is a perfect time, with the prices of magic tools soaring.
Ordinary cultivators are not willing to buy new magical tools, and conveniently, there is the Feng Sea Duan Family, who would not want their Magic Tools repaired and used for another three years!
For instance, back when Luo Chen had one of his seven Jade Swords damaged.
He could not form a complete Blade Storm which caused a significant loss in power.
If Duan Feng hadn’t repaired it for him, then this set of flying knives that could be comparable to Ascendant Grade Magic Tools when arrayed together, would have lost half of its power.
Even though Duan Feng did the job for free, Luo Chen would have certainly been willing to spend a few dozen Spirit Stones for it.
Chu Old from Wanbao Pavilion also casually mentioned before, ordinary rogue cultivators only know how to fight and kill but don’t know how to maintain their Magic Tools.
It can be said that there is a naturally large market in magic tool repair.
If Duan Feng handles the operation well in the next stage.
Luo Chen does not know how many spirit stones he will earn!