How to Start Shoe Business in Nairobi
The business of selling shoes in Nairobi is lucrative and at the same time challenging.So many Kenyans are engaged into this business and are making good money.
The recent research shows that venturing into women shoes is more profitable that men’s shoes because the former move faster than the latter.
Shoe business is one of the most profitable businesses in Kenya, especially when Eastleigh town started importing shoes and clothes in bulk.When starting selling shoes in Nairobi,you can decide to sell women shoes,men shoes or children shoes,but women shoes tend to be more profitable than men shoes.
To Start the business, you need to identify a suitable location,where you can get regular flow of customers. You can run a shop in CBD or busy estates like Umoja,Donholm,Embakasi with a lot of traffic.
You need at least a capital of Ksh 200,000 in order to operate a meaningful store, but if you intend to sell second hand shoes on a busy street then Ksh 20,000 is enough.
If you will open a shop in Nairobi CBD, you need to set aside at least Ksh 150, 000 for goodwill and a monthly rent of not less than Ksh 40,000.
Obtain a license from Nairobi County offices situated opposite Nairobi Law Courts. The license goes for between Ksh 15,000-Ksh 30,000.
Visit Eastleigh stalls and identify someone who can supply you with cheap shoes. There are so many supplier in Eastleigh.Alternatively, you can import from Dubai or obtain from Gikomba market if you will be selling mitumba shoes.
Once you have done your research well follow have all the tools to do the business then you can decide where to set up a shop.
One of my friends who run the shoe business in Nairobi CBD whom i spoke to confirmed to me that she makes profits ranging from Ksh 5,000 to Ksh 15,000 per day.
NOTE: Ensure you stoke more women shoes than those of men;they move faster.
Content created and supplied by: Nyakoyo (via Opera News )