Business is all about profits, operational costs, licenses and capital. There are a number of businesses in Kenya that generate daily profit of Ksh 3,000 to Ksh 10,000.This profit translates to Ksh 90,000 to Ksh 300,000 per month.
When your business gets such high profit, becoming a millionaire is so easy. Below are some of the most profitable businesses in Kenya with daily profits of Ksh 3,000 to Ksh 10,000:
—-Wines & Spirits shop
Wines & Spirits shop is very profitable but also one of the most challenging business to do in Kenya.Kitu unachunga tu ni askari, initially they will harass you but if you talk with them well,you will run the business smoothly.
The cost of starting wines & spirits shop is Ksh 150,000 to Ksh 300,000.Daily profits start from Ksh 3,000 to Ksh 10,000 for a medium sized shop.
—-Grocery shop
Grocery shop in Nairobi is very profitable. This is one of the most underrated businesses in Kenya. If you specifically set it up in Nairobi particularly in most populous estates, you will reap big. A capital of Ksh 100,000 and above is enough to set up a grocery business that generates over Ksh 3,000 per month.
But ensure it is set up in a specious room like a supermarket where most vegetables and fruits are sold.
—-Mitumba bale business
Instead of setting up retail business for mitumba clothes, start selling bales.Mitumba bale is a very rewarding business which doesn’t require millions to start. With a capital of Ksh 500, 000, you are ready to go.
This business will generate even up to Ksh 50,000 per day especially during festive season.
—-Water refilling business
The capital for starting water refilling business range between Ksh 600,000 and Ksh 1000,000.If you manage to acquire all the licenses and location, running the business is so easy.Nairobi,Mombasa,Kisumu and Nakuru are some of the best places to set the business.
You will be assured of daily profits from Ksh 3,000.
—-Bakery business
Set up a bakery for cakes, bread and mandazi. You will need a capital of at least Ksh 600,000.
Once the business is up, people will come to buy for birthdays, graduation ceremonies and other ceremonies.
Bakery business won’t disappoint you as long as your products and services are good.
—-Chemist
Chemist business require those with academic qualifications in Nursing, Pharmacy or related course. It’s better to run a chemist than being employed by a County as a nurse. The business is profitable especially in places like Eastleigh or Nairobi CBD.When there is enough stock, making over Ksh 3,000 daily is very easy.
You need a capital of Ksh 400,000 and above to start a chemist
—-Car spare part business
Spare part business is also a very profitable business. This one is a sure bet.If you set up in major cities, earning over Ksh 3,000 is not a big deal.
Make sure you sell spare parts for the most common cars on Kenyan roads.
—-Garage & car wash business
Garage business is also underrated but it’s a profitable one. Set up a garage business and incorporate a car wash business. The two will be yielding more than Ksh 5,000 daily.
The only challenge with this business is to get a spacious location. You need at least a quarter an acre for you to operate smoothly.
—-Hardware
Construction is all over the country. Hardware shops are registering amazing profits. This is capital intensive business, it requires more than Ksh 2 million capital. But once you set it up, your profits will be soaring over time.
—-Restaurant/fast food restaurant
Fast food restaurant near a college or university will be profitable. Most students prefer fast foods than cooking for themselves.
If you intend to start a restaurant, set it up in places like Nairobi where the population is huge. You require a capital of Ksh 600,000 and above for starting the business.
—-Grow Hass avocado
If you have land which is more than 2 acres, grow Hass avocado. You will wait for at least 3 years for them to mature but once they are mature, you’ll earn a lot of profit.Hass avocado will be exported to UK, USA, China and other European countries where the demand is high. Two acres will generate over Ksh 1 million annually in profits.
—–Kienyeji chicken business
Start rearing kienyeji chicken in your home. If the number of chicken every month is 500 and above, then your profits will be above Ksh 100,000 monthly.
—-Pub/Club
Set up a club like Quiver Lounge and make over Ksh 10,000 per day. But you need a capital of more than Ksh 10,000 to set up a club of such magnitude. This is business for moneyed people.
—Real estate business
Build apartments, buy and sell land. You will be assured of more than Ksh 100,000 monthly profits.
—-PlayStation business
Look for a capital of Ksh 500,000 and set up PlayStation business in Nairobi. Your daily profits will not be less than Ksh 3,000.The business should be in a densely populated place like Pipeline, Nairobi CBD or Rongai.
—Airbnb business
Airbnb is also another profitable business you should think of. If you set up at least 5 BnB rooms, you will be making over Ksh 3,000 daily.
—-Butchery business
Don’t also forget to have in mind butchery business, it’s a profitable one.Earning Ksh 3,000 and above won’t be a hard task especially in Nairobi.
—-Transporting construction materials
Buy lorries to transport construction materials in major cities. Your capital may be more than Ksh 5 million but profits will be high.