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What kind of family owns 10 gold shop?
Opening a branch doesn't have to be a family, it's just a means of doing business. If you open a store with good business, crowded customers and extraordinary profitability, then you will definitely want to open another branch, which is natural and has nothing to do with your family.

The gross profit of gold is only about 10% or even lower, and other jewelry can reach 40%-60%. Gold shops are mainly gold, so this is a very hard business. Only when the sales volume reaches more than10 million, the profit will be considerable and the goods will account for a lot of money.

Compared with ordinary families, those who can open gold shops are middle class, with millions of fixed assets, and most gold shops will not lose money, which is considered as a wealthy family.