Most Profitable Business in Kenya to Start with 100k

Butchery

Butchery is one of the Most Profitable Businesses in Kenya to Start with 100k in 2024.

With Ksh. 100,000, you can start an average-sized butchery.

The secret to a successful butchery business is sourcing meat at an affordable rate and getting business premises at a prime location.

Depending on the location of your business, look for a slaughterhouse near your area where you will be buying meat.

Since you are working with limited capital, you might be required to buy only a few kilograms instead of the whole animal initially.

Running a butchery requires the proper license since it involves handling food.

Ensure you maintain good hygiene, as meat can attract foul odours and flies. Paint the butchery and use the right branding to attract customers.

Requirements for starting a butchery in Kenya

1). Rental premises and licenses: Ksh 40,000

2). Weighing scale: Ksh 5,000

3). Knives and other accessories Ksh 10,000

4). Meat (stock): Ksh 30,000

5). Miscellaneous Ksh 15,000

Poultry-keeping farming

Poultry-keeping farming is one of the Most Profitable Businesses in Kenya, starting with 100k, which has been triggered by the increasing population’s demand for white meat.

Despite the high initial capital required and the challenges of disease management and market risks, returns are encouraging.

Achievable with a well-organized poultry housing system for 100 chickens, it costs about Ksh. 30,000.

It should be possible for a poultry farmer to earn great profits if they carefully manage their feeds.

Profitability is increased through deliberate cost-cutting practices such as making poultry feeds and embracing free-range methods. 

According to the analysis, a broiler poultry business with 100 chicks can generate earnings of at least Ksh. 15,000, which underscores the economic viability of poultry rearing in Kenya.

Click here for a full guide to poultry farming

Milk Dispenser

A milk dispenser is Kenya’s other most profitable business, starting with 100k, mainly in residential areas.

The milk is dispensed in your milk dispenser or ATM, and later, you sell it to customers in different quantities, which may go as low as Ksh. 20 shillings.

You can set the machine to dispense milk at different rates.

The first step is to find a reliable milk supplier. Most suppliers who make pasteurized packet milk also supply milk to dispensers.

Before you set up this business, find suitable premises with a reliable electricity supply.

You need a good electricity supply to cool the milk and for the dispenser to work.

The business should also be in an area with high traffic to attract customers.

Requirements to start a Milk Dispenser in Kenya

1). Milk dispenser: Ksh 45,000

2). Starting milk supply: Ksh 25,000

3). Rent: Ksh 20,000

4). Miscellaneous Ksh 10,000

Nails Parlour

A nail parlour is ideal if you are interested in a beauty industry business with a capital of Ksh. 100,000.

You can start slow by doing manicures and pedicures, and later, you can scale it up to a spa.

This venture is one of the Most Profitable Businesses in Kenya, to start with 100k, best for urban areas.

First, receive nail technology training. You don’t need to attend a beauty school. A mentor can teach you everything you need to know.

Find a good site with sufficient room since, being in the beauty industry, you require comfortable seating arrangements, good hygiene conditions, and some interior decorations.

When the space is ready, begin promoting your business through branding the building or advertising on social media.

Requirements for Starting a Nail Parlour in Kenya

1). Shop modification (seating and interior décor: Ksh 40,000

2). Nail supplies: 20,000

3). Rent: Ksh 30,000

4). Miscellaneous Ksh 10,000

Retail Shop

Another of Kenya’s most profitable businesses is a retail shop, which starts with 100k and is easy to start.

With 100k, you can stock essential household items such as milk, bread, flour, sugar, and detergents. Start with items that are commonly used in the house.

The profit from a retail shop is highly dependent on the sales volume.

Make sure the shop is in a high-traffic residential area so that you can get many sales.

The profit margin is low, but high sales produce good profit.

Requirements for Starting a Retail Shop in Kenya

1). Stock for the shop: Ksh 60,000

2). Shop modification: Ksh 10,000

3). Rent Ksh 20,000

4). Miscellaneous Ksh 10,000

Second-hand Clothes (Mitumba)

Selling second-hand clothes is common in Kenya but is still very profitable.

The secret is to select high-quality and unique pieces so that you can stand out from the rest.

The first step is to sell the type of clothes you want. You can sell kids’ clothes, ladies, men’s, or swimwear.

The next step is to find a reliable supplier, for instance, in Gikomba, where they sell in bulk.

Depending on the type of clothes you decide to sell, a bale of clothes can cost from Ksh 15,000 to Ksh 40,000.

Find a space with many people passing by because you need them to be your customers.

Requirements for starting a Mitumba Business

1). Buying stock Ksh 30,000

2). Renting space: Ksh 20,000

3). Mannequins and cloth hangers: Ksh 30,000

4). Miscellaneous Ksh 20,000

Sell Fruit Juice and Pudding

You can start selling fruit juice and pudding, one of the Most Profitable Businesses in Kenya, with 100k.

Since many people have adopted healthy eating habits, the fruit juice and pudding business is very profitable.

To start this business, you need to stock a variety of fruits to make juice from them.

You might also need to chill the juice to keep it refreshing during the hot season.

Look for a busy location to set up the business with a reliable supply of electricity so that you can operate the juicer and fridge.

Ensure you present the fruits and juices creatively to attract customers passing by.

Requirements for Starting a Fruit Juice Business in Kenya

Fruits Ksh 30,000

Juice Ksh 20,000

Small fridge Ksh 20,000

Rental premises Ksh 20,000

Fruit jars and bowls Ksh 5,000

Miscellaneous Ksh 5,000

Small Salon

If you are good at making hair, you can start a small salon in your estate with just 100k.

With 100k, you might not start a high-end salon, but it is good enough to get started.

Start by identifying a location with affordable rent and a good flow of customers.

When starting a small salon, stick to the basics and upgrade to more items as the business grows.

Requirements for Starting a Salon

Chairs (3) Ksh 10,000

Waiting bench: Ksh 10,00M

Mirrors: Ksh 10,000

Hair blow-dryer and dryer: Ksh 20,000

Rental premises: Ksh 30,000

Hair suppliers: Ksh 10,000

Miscellaneous Ksh 10,000

Boda Boda

The boda boda sector creates over one million direct jobs for Kenyans nationwide.

A study conducted by Car & General (C&G) revealed that boda boda operators generate a staggering KSh 1 billion in daily earnings, with each rider making a minimum of KSh 1,000 daily.

There is a significant number of riders in Kenya, totalling 1.2 million.

The report stated that the majority of these are used for commercial purposes, resulting in the creation of over one million jobs.

Motorbike prices vary depending on the model, ranging from KSh 80,000 to KSh 150,000.

On the other hand, one can opt for a pre-owned option that comes at a lower price.

Similarly, with several renders willing to give motorbikes on loans, it becomes easy for people to own motorbikes for as low as Ksh. 20 000

Mpesa shop outlet

In the year ended March 2022, Safaricom’s M-Pesa services generated an impressive gross profit of KSh 50 billion.

According to the Central Bank of Kenya (CBK), mobile money agents’ transactions significantly increased in the first half of 2022, reaching KSh 3.8 trillion, a rise of 17.5%.

The surge in M-Pesa revenue can be attributed to the rising popularity of mobile money, which has been further accelerated by technological advancements and the impact of the COVID-19 pandemic.

A significant number of Kenyans rely on M-Pesa, resulting in a strong demand for M-Pesa shops.

A capital of Ksh.100,000 may be sufficient for initial investment, including renting a shop and acquiring an M-Pesa agency line.

Average monthly earnings for an M-Pesa agency range from KSh 30,000 to KSh 50,000.

Blogging

Blogging is a great way to make money. It allows individuals to demonstrate their expertise, reach audiences, and widen their sources of revenue.

Establishing blog entrepreneurship involves identifying a niche, studying competitors’ activities, determining target audiences, and creating catchy content.

It is important to create a brand with its own name, specific branding elements, and an easily memorable domain.

It is essential to pick a trustworthy host site, build an attractive website and constantly deliver quality content.

Bloggers earn money from their blogs through brand partnerships, advertising networks, ad affiliate marketing, the sale of digital or physical goods, premium content membership, and consulting. 

Revenue diversification guarantees sustainability in the dynamic blogging ecosystem.

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