There are a number of profitable businesses to start near a school, college or university in Kenya. As you know, one of the things to consider when starting a business is location. Training institutions have populations who can buy in plenty from you as long as you set up business that is in line with what they demand.
If you want to start a business near training institution, here is the list of the most profitable ones:
- PlayStation
University/college students have enough time at their disposal to play PlayStation. Set up this business and see the money you’ll make. You need a capital of Ksh 300,000 to Ksh500, 000 to set up the business.
- Pool table business
Pool table business is one of the easiest businesses to start in Kenya. You just need a capital of Ksh 70,000 to Ksh100, 000.This business does not have maintenance costs, you just hire someone to manage it and that’s all. Pool table will generate Ksh500 to Ksh2, 000 per day.
- Wines & Spirit business
Look for a capital of Ksh 150,000 to Ksh 250,000 and start wines and spirits business. You will never regret running wines & spirits shop near a college because students love alcohol a lot.
- Printing, photocopy and scanning business
Printing/photocopying and scanning business is ideal business to operate near a training institution. Students are given notes to photocopy, they also print a lot of notes.
To set up the business, you require a capital of Ksh 100,000 to ksh200, 000.You have to but a good printer and photocopy for you to attract the highest number of customers.
- Fast food restaurant
Students love chips, fresh juice and broiler chicken. Fast food restaurant is a good idea for someone who wants to make decent profit from his business. Make sure the food is cheap because students don’t have a budget for expensive products. Chips and chicken per plate should not cost more than Ksh250.
You require a capital of Ksh150, 000 to Ksh300, 000.
- Restaurant
Start a restaurant to sell cheap food to students. Majority of students in colleges and universities are not allowed to cook in hostels, they buy food from outside. Look for a strategic place to set up a hotel that sells cheap food. You will attract hundreds of students daily. The capital required is Ksh 300,000 to Ksh500,000
- Build hostels
Nearly all colleges and universities in Kenya do not have enough hostels, the demand is more than the supply. Look for land and build hostels for students. They should be single room and bedsitters. The capital required is above ksh2 million.
- Bodaboda
You can’t rule out bodaboda business when you name the list of best businesses to start near a training institution in Kenya. Buy bodaboda with a capital of Ksh80, 000 to Ksh120, 000 and look for an ideal training institution to set up the business.
- MPESA shop
One of top 3 best businesses to start near college/university is MPESA shop. Students will be using your shop to withdraw money.
- Kinyozi & Salon
Set up low cost Kinyozi & Salon near training institution. You will always get customers from the institution.You need a capital of Ksh 100,000 to Ksh 250,000.
The Kinyozi should charge Ksh 20 to Ksh500.
- Mobile phone repair business
Mobile phone repair business will be booming near a training institution. You might even find that there is no competition in that institution, you are just alone operating the business.
- Sell mitumba clothes
Start selling mitumba clothes,I am sure you’ll get a lot of customers. Students can’t afford expensive clothes, they go for clothes that cost below Ksh1,000.
- Grocery shop
There are students who cook for themselves. Start a grocery shop to sell vegetables and fruits to them.
- Sell roasted maize, samosa, sausages and smokies
Set up a business of selling roasted maize, samosa, sausages and smokies.You need a capital of Ksh20, 000 to Ksh 40,000 to start this business.
- Luggage storage business
Look for a room which you will use to store luggage for students. Most of them will not want to carry their luggage back home. You can store for Ksh200-Ksh500 every time they are off session.
