There are many profitable businesses in Kenya that will make more than Ksh100,000 per month. As an entrepreneur, you need to conduct a thorough research to determine such businesses. Since we are living in a digital world, majority of the most profitable businesses are conducted online.
Here is the list of profitable businesses that will generate a profit of more than Ksh 100,000 per month in Kenya:
Blogging is purely for the youthful population. This is one business almost every youth in Kenya is trying to venture into. The good thing about blogging is that it requires small capital. In addition, the income generated is called passive—you don’t have to work in order to earn; you can earn from old content.
The capital required for starting a blog is Ksh2,000 to Ksh 20,000. If you don’t have any knowledge of designing a website, HostPinnacle will help you to come with one. At HostPinnacle, you’ll register a domain name, pay for web hosting and web design—your website will be ready after 3-5 days. To contact HostPinnacle,click on this link
As a blogger, you’ll make money through AdSense, MGID, affiliate marketing, selling items like smartphones, through sponsored banners and selling of e-books.
Currently, there are over 100 bloggers in Kenya earning more than Ksh100,000 each month.
- Restaurant in Nairobi
If you start a restaurant in Nairobi, you are likely to earn over Ksh200,000 every month. But you need a capital of more than Ksh1.5 million in order to establish a reasonable restaurant. If the capital is above Ksh5 million, CBD is the right place to start the business. At the CBD, the profit per month can go as high as Ksh2 million.
- Chemist business
Trained nurses, pharmacists and other health practitioners are the most ideal people to start chemist business. This is a very profitable business. If it’s set up in towns like Nakuru, Mombasa, Nairobi and Kisumu, the owner is guaranteed over Ksh100,000 every month.
- Hardware Business
You should expect to earn over Ksh100,000 from hardware business, the profits will be expected regardless of where you have set up the business. The capital required to start a hardware range between Ksh 2 million and Ksh20 million.
- Electronics shop
People will not stop buying smartphones and TVs. Electronics shop is a profitable venture you should always venture into especially when you are living in towns like Nairobi, Mombasa and Kisumu. Stock worth over Ksh2 million will generate more than Ksh100,000 every month in profits.
You should run your business offline and online so as to attract more clients.
- Rearing Pigs
Pig business is booming in Kenya, it’s one of the untapped business opportunities in the country. If you manage to keep 200 pigs at any given time, you’ll certainly make over Ksh100,000 every month in profits.
Those with more than half an acre of land should seriously think of starting rearing pigs.
To start rearing pigs, you need a capital of Ksh200,000 to Ksh 2 million depending on the number of pigs you wish to keep.
There are many companies which buy pork meat in Kenya, you can even sell to butcheries.
- Run an e-commerce business
E-commerce business is also another business you can successfully run and make over Ksh100,000 per month. Companies like Jumia are making millions of money every month, they aren’t so big that you can’t compete with.
If you want to run a successful e-commerce business, you must have several marketing channels, like Facebook, Twitter, WhatsApp and a website. To register an e-commerce website,follow this link
- Start wines and spirits wholesale business
Wines and spirits wholesale business is a hot cake business anywhere in Kenya. The capital for starting the business may be high, usually above Ksh2 million, but the profits earned monthly are insanely high. Every single month, you’ll be making over Ksh 100,000 from the venture.
When you run wholesale business, it means you’ll be selling to retailers. The profit margin for wholesale business high higher than for retailers.
- Borehole Drilling Business
Another untapped business opportunity in Kenya involves borehole drilling. To start the business, a capital of Ksh 2 million and above is required. But once you have the drilling equipment, you need less than 3 clients per month to make over Ksh100,000 in profits. To drill one borehole, you’ll charge at least Ksh500,000. If you charge Ksh1 million, the profit amount will be Ksh 200,000.
- Planting avocado in large scale
If you own land worth more than 1 acre, plant avocados. They will take at least 3 years to mature but once mature, one acre will yield at least Ksh200,000 per month.
You can opt to sell locally or export to countries like UK, China and Dubai. Avocado business is currently booming in Kenya.
- Plant Macadamia in One Acre
Macadamia is available in all supermarkets in Kenya, the price of this precious food commodity is unbelievable. One kilo of macadamia costs over Ksh1,000. If you plant the crop in one acre, you’ll certainly earn over Ksh200,000 monthly.
- Executive Salon in Nairobi
The likes of Betty Kyallo started executive salon business because they know it’s profitable. The best place to run one is in Nairobi and specifically in leafy suburbs like Kilimani and Runda.The cost might be northwards of Ksh 2 million but the returns are handsome. There’s no way you can make less than Ksh100,000 per month from an executive salon in Nairobi.
- Selling motor vehicle spare parts
Another business that you should consider starting is motor vehicle spare part business. If you specialize in spare parts belonging to Toyota, Mazda and Germany cars, you’ll never go home with less than Ksh150,000 per month.
- Build rental houses
If there is one business you must start when you have millions of money in your pocket is rental houses business. The capital may be as high as Ksh10 million but once the houses are ready, you’ll be assured of more than Ksh 100,000 every month.
- Selling betting tips
If you know how to do web design, you can start selling betting tips and make over Ksh100,000 per month. To get started, register your domain name and acquire hosting space. I will advise you to go for Bluehost because it’s the most trusted web hosting company,click here to register your domain name
Alternatively, start betting on football matches and earn up to Ksh100,000 per month,follow this link to get free bets