If you really have to make it in business in Kenya, you should identify a profitable business that will generate more than Ksh100,000 profit per month. With this amount, you will be able to save at least Ksh30,000. Here we list some of the businesses that will yield more than Ksh100,000 monthly profits in the country.
Airbnb
If you set up at least 5 bedsitters or at least 3 one-bedroom Airbnb’s, you will make more than Ksh 100,000 per month. The capital you will require is Ksh 500,000 to Ksh2 million. Nairobi is the best place for this business because you will be getting customers daily.
Rental apartments
Build at least 5 storey building with bedsitters, one bedroom and two bedroom houses. Your capital will be at least Ksh30 million. You will be assured of making more than Ksh100,000 per month until you leave this world.
Hardware shop
Set up a hardware with a capital of Ksh3 million and above. Initially, you may not earn Ksh100,000 but over time the profit will increase as you gain more customers.
Chemist in Nairobi CBD ,Kilimani or Eastleigh
These three places are the best for Chemist business. Your only challenge is to get a license to operate the business. The chemist requires a capital of Ksh700,000 and above.
Recruitment agency
Set up a recruitment agency for taking Kenyans to gulf. You will also revamp CVs and cover letters for Kenyans. This one, you are assured of making over Ksh500,000 monthly.
The capital required is Ksh 500,000 and above.
Restaurant in Nairobi
Another good business is to set up a restaurant especially in Nairobi. If you have the best customer service,you will make over Ksh 100,000 per month.
Start tour guide company
Register a tour guide company and take tourists and locals to good tourist destinations. You don’t have to own tour vehicles, your work is to look for people travelling and partner with those tour guide vehicles to move around tourists. You will make even over Ksh1 million per month especially during high seasons.
Maasai Mara, Samburu, Tsavo, Amboseli,Nakuru ,Meru and Mombasa are among the places tourists visit.
Mitumba bale business
You should also consider starting the business of selling mitumba bales. Starting capital is Ksh 500,000 and above. You are assured of making Ksh 100k and above per month.
Wines and spirits wholesale business
Wines and spirits should be sold in wholesale scale for one to make more than ksh100k per month.If you sell the retail one,you will make less than Ksh30k per month.
To start wholesale business, you need a capital of Ksh2 million and above.
Electronics shop in Nairobi
You can sell laptops, smartphones or TVs in Nairobi especially Luthuli Avenue. Capital is Ksh 1 million and above.
Petrol station
Capital to start a petrol station is Ksh 15 million and above. The returns from the business are good and making over 100k per month is assured.
Garage
Start garage business where you specialize in repairing specific types of vehicles. The capital can be as low as Ksh100,000 when you already have land.
Those are some of the best ideas that will help you make over 100k per month. You can also save Ksh10 million in Money market Fund and make Ksh 100k and above monthly. Farming is also another best idea.