Sunday 19 May 2019

Profitable businesses to start with small capital in Nairobi.


Profitable businesses to start with small capital in Nairobi, Below Ksh300,000 Capital.

Nairobi is the capital city of Kenya with over 4 million people and one of the fastest growing cities in the world.
The large number of people makes it a business hub. Almost every business in Nairobi is profitable except those which are poorly managed.
Assuming that you have small capital but you desperately want to start a business, this is the business you should start.

1. Mitumba business

It’s a common business in Nairobi and one of the few businesses that require little capital. To start second hand cloth business you need a capital of between Ksh 3,000 to Ksh 20,000. The capital might shoot up depending on the size of the business but with as little as Ksh3,000 you can start selling t shirts, shirts and women clothes.

2. M-Pesa shop

There is no business in Kenya that has changed many people’s lives like M-Pesa business.This service from Safaricom has taken Kenya by storm and is regarded as the best ever in Kenyan soil.
To start M-Pesa shop in Nairobi, you require between Ksh 150,000 to Ksh 300,000 but the capital can be as low as Ksh70, 000.
The average monthly profit for M-Pesa shop in Nairobi is between Ksh 20,000 - 60,000 but some shops, especially those located in westlands and Nairobi city centre, make up to Ksh 200,000 per month.

3. Salon

An Executive salon in Nairobi requires a capital of at least Ksh1 million but when it comes to an ordinary salon, even Ksh70, 000 is enough. Purchasing machines and rent are the two main things that would take the larger portion of your capital. However, you can start with as little as nothing when you have skills which will enable you do the business from your house.
If your salon is strategically positioned, you would make even up to Ksh 100,000 per month. Some salons, which submit KRA returns make up to Ksh 2 million per month.

4. Kinyozi

Kinyozi in Nairobi are mostly located in estates but there are a number in Nairobi city Centre. If you intend to start a Kinyozi in any Estate in eastlands then you must set aside Ksh 50,000 as capital but some estates like Langata and Kileleshwa require more capital as compared to estates with middle income and low income earners.
From the many Kinyozi owners I have interacted with, the average monthly profit a Kinyozi generates in Nairobi per month is between Ksh25, 000-Ksh 60,000

5. Shoe shining business

I used to think this business is not worth doing but I was proved wrong when one of the operators bought one acre of land in Kitengela.This changed my mind set and I was forced to ask some of them how they make ends meet. From the information I extracted from them, they start small but do a lot with in the course of their business.
To start shoe shinning business in Nairobi estates, you require a capital of between Ksh 3,000-Khs 20,000 but if you intend to start in Nairobi city centre you must set aside capital of at least Ksh 50,000. This business can generate in excess of Ksh 20,000 per month but the profit can be in excess of Ksh 100,000 if the business is set in Nairobi city centre.

6. Boutique

A boutique is very profitable in Nairobi but it depends on where you set it up. If you manage to set it in town centre then you will make a lot of money. A stall in town can cost as little as Ksh 25,000 and as high as Ksh80, 000 per month. But this business can earn the owner over Ksh 100,000 per month but the profit can reduce to as little as Ksh15, 000 if it’s not busy.
Most of the boutique in Nairobi obtain their products from Eastleigh Nairobi cheaply and make a kill out of them.
The starting capital for a small boutique is between Ksh 100,000-Ksh 300,000

7. Car Wash

Car wash business is what I can advise anyone thinking to start a business to think about it. I have seen several people becoming overnight millionaires by owning a single car wash.
To start a car wash in Nairobi you require a capital of between Ksh100, 000-Ksh300, 000 but you can make up to Ksh150, 000 per month. Many people I know make at least Ksh 50,000

8. Fast Food Restaurant

Every street you go to Nairobi you must find a fast food restaurant. One thing you should know today is that this is a lucrative business in the city, especially in town centre. However, setting a fast food restaurant in town centre will cost you more than Ksh900,000 but if you set it up in eastland estates it won’t cost you over Ksh500,000.
A fast food restaurant in estates like Kayole, South B, Embakasi, Githurai and Rongai can generate a monthly profit of between Ksh 40,000-Ksh100,000

9. Selling eggs and Sausages

This is another business which requires very little capital. With Ksh 7,000 you are ready to start the business. The profit is not small since a single egg gives one Ksh5 and a single sausage generates Ksh 7. If you manage to sell 50 eggs and 30 sausages in a day you won’t miss to earn over Ksh500.

10. Selling ice cream

You can start the business by setting it up near schools, colleges, universities and crowded streets.
You require Ksh 20,000 to start selling ice cream in Nairobi.

11. Juice blending

You require a blender which cost just Ksh 3,000 plus some containers and water to start the business. With as little as Ksh 10,000 you can start the business and start supplying to neighbours and people in your estate as you look for other customers.

12. Hawking

Hawking is common in Nairobi but do you know how much it costs anyone intending to be a Hawker? With as little as Ksh 10,000 one is ready to go. But the profit can feed a family of even 10 members.

13. Grocery

Setting up a grocery in Nairobi is a good idea because no one farms in the city. If you get a reliable supplier; you won’t regret your decision. You require Ksh 10,000-Ksh300, 000 to start the business depending on the location.

14. Butchery

Butchery is also a good business to start in the city. I would advise you to sell goat, fish and chicken meat as most people don’t eat cattle meat.The starting capital for a butchery is between Ksh 50,000-Ksh 300,000

15. Selling women handbags

Assuming you have just Ksh 10,000 but you don’t know what to do with the money,you can go to eastleigh and buy handbags to sell in your estates and to your friends.

*If you are good in Social Media, you can open a page to market your products.*

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