[Post 589] My Korean Restaurant Brings In $1.8 Million A Year – Here's What It Costs To Run

Summary

At 27, Ji Hye Kim quit her long-time job at a medical administration company to become a cheese monger at Zingerman's Deli in Ann Arbor, MI. Eight years later, she opened her own Korean restaurant: Miss Kim. Ji Hye is now a James Beard Award semifinalist. In 2023, her restaurant brought in $1.8 million in sales. Ji Hye passes much of that revenue on to her staff, paying them $12-$15/hour and sharing the restaurant's profits with them.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.