Do you know what the most profitable businesses in Kenya are? This article will list some of the most profitable businesses you can start with or invest in as a small business.
Kenya’s economy is mainly based on agriculture, trade, and services. Most of the people who are employed in Kenya work in small businesses. However, some businesses do not profit due to their owner’s lack of knowledge and skills and funds for expansion.
The reason why small businesses are found everywhere in Kenya is that most Kenyans have an entrepreneurial spirit. Here are some of the most profitable businesses you can start with or invest in Kenya.
Which is the most profitable business to start in Kenya?
Here is a list of the most profitable businesses to start in Kenya:
1. Car wash businesses
The car washing business is a service industry that can help you earn a living if done well. It involves taking care of vehicles, including cleaning them to look more attractive and boost their resale value.
The most profitable car wash businesses offer services like car detailing because people with high incomes are willing to spend more money on their cars. Car washes are prevalent in most neighbourhoods and towns, so you will have good business if you start one.
2. Laundry Business in Kenya.
Laundry businesses are excellent businesses to start in Kenya. They are profitable and available for rent almost everywhere, even in slums. You can start a laundry service like dry cleaning or washing clothes with whatever equipment you have, like a washing machine at home.
The laundry businesses are very profitable because people usually need them. After all, clothes get dirty. The most profitable laundry businesses use advanced washing machines to make them faster and more efficient.
3. Cosmetics Business in Kenya.
Cosmetics businesses are a good business idea. You can start in Kenya to earn money. The main business sells cosmetic products like nail polish and other skin and hair products. You can also offer beauty services such as manicures, pedicures, or makeup. This type of business requires minimal investment because you only need a space for the business and some cosmetic products.
Cosmetics businesses are popular in urban areas like Nairobi, Mombasa, or Kisumu, where many people can afford your services or products.
4. Spare-parts sales Business in Kenya.
A spare parts sales business is a good business idea. You can start in Kenya with the knowledge and skills to repair vehicles. It does not require much capital because you only need a small shop or space to sell your products. The most profitable spare parts businesses deal with high-end vehicles such as trucks, tractors, busses, and german cars. The less fortunate spare-parts businesses repair low-end vehicles like matatus or small motorcycles.
5. Travel agency business in Kenya
Travel agencies are good businesses to start in Kenya. The reason is that most people have dreams of visiting beautiful places or travelling abroad, and they need a travel agency to help them plan for their trip.
The most profitable travel business is the one that operates online because you can advertise your business through social media sites like Facebook. You will reach many people and do a lot of business if you know how to promote your agency.
6. Computer Sales Business in Kenya
Computer sales are also an excellent business to start in Kenya. The reason is that most households use computers for work, study, or entertainment, and they need computer repair services and new equipment all the time because computers break down often. You can start a computer sales business if you know how to repair computers or buy used equipment and sell them as new.
The most profitable computer sales businesses operate online because they reach more customers than in physical stores. So if you have a website and social media accounts to advertise your business, you can make a lot of sales.
7. Food sales Business in Kenya
Food sales are good businesses to start in Kenya because people usually eat several times per day, and it is difficult for them to cook meals at home all the time. They need food delivery services, ready-to-eat food to buy at the market or cooked meals from restaurants.
If you have a food business, you can quickly improve it by offering home delivery services and selling online through social media sites like Facebook or Google+. You can also start as a street food vendor selling cooked meals in slums and rural areas where people do not have enough money to buy cooked meals from restaurants.
8. Landscaping Business in Kenya
Landscaping is a good business idea if you have experience and knowledge of gardening, landscaping, or lawn care activities. The most profitable landscaping businesses offer private home services because they need regular garden and lawn maintenance.
9. Security Businesses in Kenya
A security business can be very profitable if you run it well and use the proper marketing techniques. You can start a security business by buying a few guard uniforms and ordinary flashlights. Then you can use Facebook, Google+, Twitter, or LinkedIn to advertise your services and hire guards for small events like football games or concerts in Kenya.
10. Baking and Cake Making Business in Kenya.
Baking and cake making is a profitable business that you can start with little capital because you need only a tiny oven to bake cakes, pastries, or bread. The most profitable bakery business is the one that offers delivery services because they reach more customers than physical stores do.
You can use social media sites like Facebook to advertise your business and build your brand. So go to social media sites now, create an account if you do not have one yet, and learn how to use them for advertisement purposes.
11. Motorcycle Repair Business in Kenya
Many people in Kenya use motorcycles as it is the cheapest way to travel from place to place. The problem with motorcycles is that they break down often because they are relatively old and poorly maintained. So this means you can start a motorcycle repair business by acquiring some tools, learning how to fix them, and opening your workshop in Nairobi or Mombasa.
12. Mobile Phone Sales Business in Kenya
The mobile phone business is also profitable in Kenya because more and more people buy mobile phones. They buy them for a reasonable price or steal and sell them on the black market. You can start this business by buying second-hand mobile phones, fixing them, refurbishing them, and reselling them at a higher price.
13. Taxi Businesses in Kenya
Taxis are very cheap in Kenya as compared to other developed countries. This means more people use them, which is a viable business for all ages. You can start this business by buying an old car, fixing it, and then painting it yellow so that people will quickly know you offer taxi services. Then advertise the services using social media sites like Facebook or by word of mouth.
Another way is to join Taxi-hailing apps like Uber or Bolt, which have good business ideas for Kenya.
14. Airbnb business in Kenya
If you have a spare room or a house you don’t stay in much, why not rent it out and make extra money? Many people from other countries come to Kenya on holidays or business trips but cannot find hotel rooms reasonably. You can start this business by renting out your spare room or house so you don’t stay with those foreigners. Or, if you do not have enough space, you can rent your room when you are not there. This is possible through Airbnb, where people advertise their houses or rooms for rent.
15. Jewellery Business in Kenya
Jewelry businesses are profitable because many like buying wonderful and unique jewelry. You can start this business by purchasing jewelry, learning how to make it yourself using online tutorials, and promoting your business through word of mouth.