Here is the list of profitable businesses that will generate a profit of more than Ksh 100,000 per month in Kenya:
1. Chemist business
Trained nurses, pharmacists and other health practitioners are the most ideal people to start chemist business. This is a very profitable business. If it’s set up in towns like Nakuru, Mombasa, Nairobi and Kisumu, the owner is guaranteed over Ksh100,000 every month.
2. Electronic shop
People will not stop buying smartphones and TVs. Electronics shop is a profitable venture you should always venture into especially when you are living in towns like Nairobi, Mombasa and Kisumu. Stock worth over Ksh2 million will generate more than Ksh100,000 every month in profits.
You should run your business offline and online so as to attract more clients.
3. Wines and spirit wholesale business
Wines and spirits wholesale business is a hot cake business anywhere in Kenya. The capital for starting the business may be high, usually above Ksh2 million, but the profits earned monthly are insanely high. Every single month, you’ll be making over Ksh 100,000 from the venture.
When you run wholesale business, it means you’ll be selling to retailers. The profit margin for wholesale business high higher than for retailers.
4. Selling motor vehicle spare part business
Another business that you should consider starting is motor vehicle spare part business. If you specialize in spare parts belonging to Toyota, Mazda and Germany cars, you’ll never go home with less than Ksh150,000 per month.
5. Building rental houses
If there is one business you must start when you have millions of money in your pocket is rental houses business. The capital may be as high as Ksh10 million but once the houses are ready, you’ll be assured of more than Ksh 100,000 every month.
6. Setting up a restaurant in Nairobi
If you start a restaurant in Nairobi, you are likely to earn over Ksh200,000 every month. But you need a capital of more than Ksh1.5 million in order to establish a reasonable restaurant. If the capital is above Ksh5 million, CBD is the right place to start the business. At the CBD, the profit per month can go as high as Ksh2 million.
7. Running an E - commerce business
E-commerce business is also another business you can successfully run and make over Ksh100,000 per month. Companies like Jumia are making millions of money every month, they aren’t so big that you can’t compete with.
If you want to run a successful e-commerce business, you must have several marketing channels, like Facebook, Twitter, WhatsApp and a website.
Content created and supplied by: Flickscollins (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More