Luthuli Avenue is one of the best places to start business in Nairobi. There are specific businesses that do well in the street. Here is a list of the most profitable and best businesses to start there:
Selling smartphones
Look for a capital of Ksh 1 million and above and set up a business of selling smartphones. If possible, specialize in selling on wholesale. But you should be ready to part with good will of Ksh 100,000 and above. Rent per month is Ksh 50,000 to Ksh100,000.
You will make profit of Ksh 5,000 and above daily.
Smartphone repair business
If you have knowledge and skills of repairing smartphones, Luthuli Avenue is the best place to set up the business. You need a capital of Ksh 100,000 to Ksh 300,000.
Selling Televisions
At Luthuli, television selling business dominate…this is not to mean that it’s saturated. You will still get customers. You will require a capital of Ksh 2 million to Ksh5,000,000. Daily profits will be Ksh3,000 to Ksh30,000 depending on the number of customers you will get.
Mpesa shop and bank agency business
You should also think of starting Mpesa shop and bank agency business. This one you will make a lot of money because there is a lot of cash in circulation at Luthuli Avenue. The capital required is Ksh 200,000 to Ksh500,000.
Smartphone Accessories
There is also high demand for smartphone accessories. Sell earphones, smartphone chargers,covers and other parts. You need a capital of Ksh 400,000 and above.
Selling Woofers
You can also specialize in selling woofers. You will need a capital of Ksh 1 million and above.
Bodaboda business
Get a place for bodaboda where you will be transporting items for shoppers. The demand for transport is very high in this street.
Selling laptops
Another business that will thrive at Luthuli Avenue is to sell laptops. You will require a capital of Ksh2 million and above. Profit per day will be from Ksh2,000.
Restaurant
You can also set up a restaurant within the street if you get a space. You will earn decent income from your business.
