15 Most Profitable Businesses To Start With 50K in Nairobi
Are you looking for profitable businesses to start with 50K in Nairobi?
From business ventures to investment opportunities, there are a wealth of chances to make a comfortable income if you manage and commit to the right one. If you are stuck on which business to begin, here are the best options to consider.
1) Movie Shop business in Nairobi
In Nairobi, there is a high demand for Western films and TV shows from streaming services.
However, many people are unable to access them, largely due to a lack of reliable internet connections for streaming.
Establishing a movie shop is an ideal business venture in this situation, requiring only a small amount of capital.
You will need a shop in a good location and a computer, as well as the necessary operating licenses.
You can then obtain movies to sell from vendors in larger towns or download digital copies from entertainment websites – but make sure to get the right licenses to avoid copyright infringement.
Better part?
This is one of the most profitable businesses to start with 50k in Nairobi.
2) Salon/Barbershop business in Nairobi
Setting up an executive salon or barbershop in Nairobi can be profitable. Although the capital required is substantial, it is possible to start a small, but profitable business with just Ksh 50,000.
This amount would go towards securing a premises and buying the necessary equipment, such as a salon’s blow dryers, hair products, barber’s chairs, clippers and cleaning supplies for a barbershop. As the business grows, additional equipment can be purchased to offer more services, such as pedicures, manicures, face scrubs, and more. Combining both businesses into one can also be a great way of attracting even more customers.
3) Hardware Store business in Nairobi
Setting up a hardware store may not require a lot of capital. Rent for a business space, business license, some furnishings (shelves and counter for product display) and a small stock of goods are the only expenses needed.
With a registered business, suppliers can be contacted for consignment deals, making it possible to start a profitable store with Ksh 20,000 – 50,000.
To ensure success, it is important to choose a strategic location, such as an urban area or close to where there are ongoing construction projects.
4) Grocery Store business in Nairobi
Urban areas have a large requirement for quality, fresh produce. Yet, many businesses fail to provide this, and those that do often charge exorbitant prices. By setting up a grocery store, one can make sizable profits.
With Ksh 50,000, it is possible to establish a viable and profitable grocery store, especially in residential neighborhoods. This capital can be used to rent a shop, obtain necessary licenses, and buy stock. Stock can be acquired from major markets or directly from farmers.
5) Mobile Money Agent business in Nairobi
This is another one of the most Profitable Businesses To Start With 50K in Nairobi.
The mobile money transfer service has become a sensation in Nairobi, offering a great business chance for service providers.
Most Kenyans make use of one or more of the available money transfer services such as M-Pesa, Airtel Money, Equitel, and T-Kash.
If you are looking to set up a mobile money service business, you can be sure that customers won’t be hard to come by.
Just make sure you choose a spot with a lot of foot traffic and a limited number of competitors. All you need is a business license, a money transfer agent SIM card, and a phone (even a basic one will do).
6) Farming business in Nairobi
Farming is a great business to start in rural areas of Kenya. It does not require a large amount of capital and can yield high returns in a short amount of time.
The demand for food throughout the nation makes farming a lucrative opportunity for aspiring entrepreneurs. With access to a good piece of land and an investment of 50,000 Ksh or less, it is possible to begin a successful farming business.
If land is not accessible, landowners are willing to lease it for around 10,000 Ksh yearly. There are many options for cultivating crops, such as kales, spinach, courgette, capsicum, tomatoes, cucumbers, and strawberry.
Additionally, animal farming is a viable option, with animals such as poultry, rabbits, pigs, and fish requiring minimal investment. Agribusiness yields great returns and is a safe bet with proper management.
7) Milk Bar business in Nairobi
Starting a milk bar business in Nairobi is another great business opportunity. Milk is a highly sought-after commodity in the country, especially in urban areas, yet few people meet the demand.
A successful venture can be assured by selling high-quality, fresh milk. All that is needed is a suitable location, a shop and milk vending licences.
Having a reliable source of milk from farmers is essential to ensure customer satisfaction. Profits from the business can be used to purchase a milk ATM machine later on.n.
8) Car wash business in Nairobi
Another one of the most Profitable Businesses To Start With 50K in Nairobi is a car wash business.
The number of cars on the roads has been rising steadily in Nairobi. With many car owners overwhelmed by their daily routines, there is a heightened demand for car wash services.
To set up this business, all you need is a roomy area that can hold several cars, access to a water source and a car-washing machine.
Should the cost of the machine be too much for you to bear, you can simply begin with handwashing the cars until you can get enough capital to purchase the machine. Depending on the number of customers you receive each day, you may require a few employees to help you.
9) Second-hand clothes store business in Nairobi
Starting a second-hand clothing store in Nairobi with Ksh 50,000 or less is a great small business opportunity. The clothes are affordable and in high demand among the low and middle-income Kenyans, who form a large market segment. With the right location, you can be sure to have a thriving business.
To source the clothes, you can look at several markets such as Eastleigh, Gikomba, Kamukunji, The Stage Market, and more. Buying in bulk from suppliers can give you a good profit margin when you resell the clothes.
10) Fruit vending business in Nairobi
Profiting from selling fruits is a viable option in Nairobi. Starting with just 50k can yield a substantial return. Because of the rising awareness of health, demand for fruits is increasing. Popular choices like mangoes, pineapples, and oranges make for a dependable customer base, especially during hot days.
One of the benefits of fruit vending business is that you do not have to rent a store. You can set up a stand outdoors or on the roadside. You can also offer delivery services directly to customers, in their workplaces and homes.
11) Printing and Photocopy Business in Nairobi
With digital printing technologies becoming more and more advanced, the cost of setting up a printing and photocopy business in Nairobi has drastically reduced. This has made it easier for entrepreneurs to take advantage of this opportunity.
First, you need to determine what kind of printing and photocopy business you want to start.
Suppose you want to set up a business specializing in digital printing. In that case, you will need a good quality printer, a reliable internet connection, and a reliable source of digital files.
If you want to set up a business specializing in photocopying, you will need a good quality photocopy machine and a reliable paper source.
12) Home Bakery business in Nairobi
Establishing a home bakery requires the right equipment, in order to create a niche and get your business started. Essential tools include pans, an oven, mixers, and a cake decoration kit. For raw materials such as eggs, flour, and sugar, it’s often cost-effective to buy them in bulk from wholesalers – however, it’s important to compare prices before making a purchase.
13) LPG Gas Refill Business: Profitable Businesses To Start With 50K in Nairobi
Location is paramount for success in the gas refill business, just as it is for many other businesses.
Kenya has a variety of counties where the gas business can do well, provided the right spot is chosen with a significant population.
Although cities and towns are often seen as the main consumers of gas, more and more Kenyans living in rural areas are turning towards gas as their fuel source due to its cost-effectiveness, speed, and cleanliness.
14) Photo Studio business in Nairobi
If you possess a knack for capturing remarkable pictures, this is a great business opportunity that anyone can take advantage of. This business requires minimal investment with its primary tools and supplies being inexpensive.
The investment will be necessary for the acquisition or renting of a studio, along with the purchase of cameras and illumination, and then you can start offering photography services to the local community.
15) Day Care Service Business: Profitable Businesses To Start With 50K in Nairobi
Creating a daycare can be a great option for busy parents in your neighborhood. With enough space, you can offer a safe and secure environment for their children, along with snacks, games, and a comfortable place to sleep. Professionalism, trustworthiness and good security are essential to your success, and a daily fee of around Ksh300 will help you to provide a quality service.
Conclusion
Starting a business in Nairobi is an exciting endeavor, and with a modest sum of 50,000 KES, there are plenty of opportunities available to entrepreneurs.
Apart from the businesses mentioned above, you can start others bigger businesses as a small business and grow it from there.
For example, you can start a salon business and grow it into a spa. No matter what business you decide to pursue, with 50,000 KES you can get your business off the ground and start turning a profit.
You can make your dreams come true in Kenya with the right business plan, dedication, and hard work.
