@wordswithbones: This one Korean phrase is the key to maximizing profits and making a ton of money in the restaurant industry, not just in Korea, but anywhere in the world. #entrepreneur #globalbusiness #seoullife #seoulfood #restaurantowner

bubble_tea_forever :

Cocktails are an excellent business. Alcohol don’t go bad overnight and you work in an air conditioned place. Imagine making soup….

blanco :

not really a secret. they do it here too. coffee is on every corner everywhere. this was still a good video regardless.

Italia Cardinale :

And yet most places don’t have bathrooms 🤧🤧🤧

guavajelly :

That math doesn’t work… there is rent, employees, utilities, insurance and so on…

SecretPsychology :

That's too good of a tip regarding soup restaurants for TikTok.

Zandile :

I absolutely enjoy your videos. It’s so amazing to learn about Korea from a different perspective…business. Thank you🙌🏽

osukguri :

to be fair the cocktails are excellent at your bar 👌 I feel like the bakery equivalent to hitting the soup margin is putting one (1) strawberry on anything

no.name.no.name.7 :

McDonald’s makes money from drinks and fries

Suzie Wrong :

in socal, there are fewer bars than 40 yrs ago.

alifeofbangtan :

You helped me realize why my coffee shop guy sells mostly drinks and barely any food items. I didn’t know how he was turning profit

michplease :

this is super interesting! but what if you’re not a viral noodle shop? with the cost of overhead isn’t it still quite expensive to own and operate a restaurant

chelsea in korea :

damn this is so interesting

bygracehaerin :

What about the bakery culture in korea? 👀

Ellie :

who told you this secret 🤫

뷰티사장 :

Bars have high margin. But coffeeshops don't. High cost usually comes from labor costs and rents. The reason why it's all over is bc there is a high demand and it's the easiest business for many ppl to start & the aesthetics and romanticism for coffee makes it less stressing to the ones who wanna start business after retirement or without any innovative idea. Most of the owners actually struggle to make enough profit, especially when it's a national chain. One of the most busy store of the popular coffeeshop brand makes way less net profit than some starting salaries in Korea. I was shocked. Plus, it's common for rich ppl to run a huge bakery coffeeshop to inherit their wealth to their kids without spending high tax. Cuz in case they invest in the store they aren't charged the transfer tax but if they just give the money or property then the transfer tax is like 50%. It's better to just open the coffeeshop either if it goes well or not.

ColonCommander :

on a vaguely related note I wish there were more non-alcoholic high ticket beverages so we could have fancy food places that didn't rely totally on alcohol to stay in business

Chadwick :

I know Myeongdong 칼국수 when I see it

chefbenry🦦 :

for good soup, it takes time. could that be a significant cost? especially the stronger broths. gas/overhead??

Jurassic :

manpower?

Andrés L :

And the many different soft drinks and yakults, but I guess those require a bit more substance and time to make 🧋🥤

Pound :

Hey guys, Korean restaurants are making money 💰. Next video Korean media companies are making money 💰

user281906554956 :

mul jangsa is referring to pr*stiution. look it up

SG :

Astrid Bettina :

Have you been to Germany? 😅😅

Star Lord176 :

Often PepsiCo gives you their branded cups for free

Star Lord176 :

White guy taught myself a Korean Korean.

tlee1908 :

Wrong interpretation of 물장사 however you are not entirely incorrect either . The real meaning of word should ask order generation of Korean

Bevo Dad :

What about all the banchan?

🐤 :

What is the name of your bar?

ow.k :

I mean thats business? idk why its a big deal? low cost + high margins. thats global

Charles(mojo288) :

100% 👍... Crazy expensive when you start drinking in restaurants in South Korea...👍👍👍

Knightsky :

smart😎😎😎

Kevin Jeong :

🥰🥰🥰

mel :

😳😳😳