If you are just starting in the matatu industry, it is advisable to make your moves wisely and have enough backup money that can purchase an entire engine. This is because the industry is filled with a lot of challenges and requires someone ready to persevere and tackle the challenges. Otherwise, you might end up spending a lot of money without making any profit.
When venturing into the Matatu business you might have to choose between a bus and a van depending on how much profit you want to make. If you want to make a ton of profit, especially on short distances, it is advisable to get a 33 seater vehicle. This is because you can charge low amounts by carrying many passengers hence making more money.
If you want to purchase a 33 seater bus in Kenya, you will have to spend a minimum of 1.7 million Kenya shillings for a used bus and 5.8 million Kenya shillings for a brand new bus on the higher side.
The profit you make will be determined by the route your vehicle plies. For example, if you are operating a vehicle from Kisumu to Nairobi, you will make an average profit of about Ksh 20,000 assuming that the vehicle you purchased has an average fuel efficiency of 8km/L with the current fare rates of Ksh 1,200. This means that you can make up to half a million in a month if your vehicle operates daily with very minimal breakdowns.
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