Kinyozi is one of the best businesses to start in Kenya with little capital. Kenyan men prefer keeping their hair short, which is why they have to visit Kinyozi a couple of times a month. On average, the owner earned Ksh 100 to Ksh 1000 per head depending on location.
How to start Kinyozi business
Kinyozi business is not difficult to start, like many businesses. All you need is capital for equipment, rent and license. You also need to identify an ideal location with potential of generating profits. License from the county costs Ksh 15,000 to Ksh 20,000 per year.
All the items and equipment required are as follows:
*2 Basic barber chairs – Ksh15,000 each (Locally made)
*2 WAHL Clippers – Ksh3,500 each
*Equipment Sterilizer – Ksh12,000
*Locally Made Sink Seat – Ksh20,000
*Cosmetic Products – Ksh5,000 (Including spirit and after-shave)
*Fabric sheets, towels, apron – Ksh4,000
*Hair Style Charts – Ksh1,500
*2 Waiting or Lounge Chairs – Ksh1000 each (Plastic chairs)
*Water heating & storage – Ksh7,000
*Small Basins – Ksh2,000
*Backup Generator – Ksh50,000
*Entertainment System – Ksh20,000
Capital required
For a small Kinyozi, you require a capital of Ksh 70,000 to Ksh 100,000.For executive Kinyozi which has massage room, you will need Ksh 500,000 to Ksh 1 million.
Rent amount depends of location and the size of Kinyozi.Rent in Nairobi for a normal Kinyozi is Ksh 15,000 to Ksh 20,000 per month. In small towns, it’s Ksh 5,000 to Ksh 15,000 per month. For executive Kinyozi in Nairobi, you need rent of Ksh 30,000 to Ksh 100,000 per month. Executive Kinyozi are mostly in Nairobi CBD and posh estates like Kilimani and Kileleshwa where shaving hair costs as much as Ksh 1000 per hear.
Kinyozi profits in Kenya
You will make Ksh 800 to Ksh 3,000 per day for a small Kinyozi and Ksh 5,000 to Ksh 30,000 per day for the executive Kinyozi.The amount quoted is after you have deducted expenses.
When you shave one person for Ksh 200, you make a profit of Ksh 100.We assume that Ksh 100 goes into paying rent, license and electricity bill. The kinyozi business generates profit of more than half the amount your customer pays. If you have 20 customers per day and each of them pays Ksh200,you will make a profit of Ksh 2,000.If you have 10 customers per day and each of them pays Ksh 1,000,you will make a profit of Ksh 5,000.
Challenges of owning a Kinyozi
One of the challenges of owning a Kinyozi is that you have to be physically there. If you employ someone, they will steal money leading to closure of the business. In case you don’t have time to monitor the business physically, install CCTV so as to count the number of customers each day.
Kinyozi business is not something you can rely on to become a millionaire, it doesn’t grow. Unless you own several of them. One Kinyozi alone will stagnate your progress.
The income from Kinyozi may not sustain you.As an entrepreneur, you have to incorporate other businesses for you to generate enough revenues.
Kinyozi business is also seasonal, there are times customers are many,there are times you won’t have customers.
How to maximize profits in your Kinyozi
In your kinyozi, incorporate Mpesa business, massage,manicure and pedicure and salon.If all these businesses are in one room,you will easily make more than Ksh 10k per day.You should also have some ladies to do some massage after shaving.
When it comes to businesses, customer service is key.Ensure that you relate with your clients well,make sure your machines are in good condition and also your price is not too hight.You should consider your location in setting up the price.Don’t charge Ksh 1,000 in Kayole where you know the residents can’t afford that money.Don’t charge Ksh 100 in Nairobi CBD where people are willing to pay even Ksh 2,000.If you charge Ksh 100 in CBD,you will not manage to pay rent.