Did you know you can turn 100k into generational wealth? Does it sound too good to be true? Actually, it is possible. With Ksh. 100,000 and a rigid plan you can venture into Kenyan market and establish a prosperous business with minimal effort.
However, starting a business in the vibrant Kenyan market is known to be notoriously challenging for startups. If you are searching for business to start with 100K in Kenya you will need more than hearsay.
Undertaking market research can be exhausting! But worry not, we have explored the Kenyan market, consulted business moguls and experts to bring you the best business to start with 100K in Kenya.
Businesses to Start in Kenya With 100K
1. Bakery Business
If you are an avid social media enthusiast, you have undoubtedly encountered home based bakers overwhelmed by a throng of potential customers.
Despite the unprofessionalism of these online bakers, they are always attracting a substantial number of customers indicating an existing market of baked products. With an addition of professionalism to your game, you can make a fortune from the bakery business in Kenya.
Coupled with active social media marketing you can easily ascend to hall of fame in this business. It is not a coincidence that business has been categorized as a successful business to start with 100K.
The 100K will cater for
- Equipment Purchase: Ovens, refrigerators, and mixers
- Business Permits
- Renting a business premise
- Hiring Employees/Delivery team
To build a loyal customer base you should not gamble with the quality of your baked products. Be the very best and the reward is poised to be substantial.
2. Start a Milk Bar/Shop
Milk is a basic commodity in most households in Kenya. With a guarantee of constant stream of customers, starting a milk bar is indeed a profitable business to start with 100K in Kenya.
A 100 Liters Milk ATM Machine retails at KES. 85,000. With a Milk ATM Machine, milk business license, some few cups, and a strategic location; you are set to launch your business.
Although milk bar is a lucrative business in Kenya, you will need to go an extra mile to stand out. Offer decent customer service and ensure your milk bar meets the highest standards of cleanliness and hygiene.
3. Butchery Business
Starting a butchery in Kenya will cost you at least Ksh. 100,000 in a lower or middle class locality. As one of the profitable businesses to start with 100K in Kenya this year it is a bargain for the price.
However, it is worth noting customers are often distrustful of new meat joints due to unscrupulous vendors selling donkey and dog meat. To earn trust from customers you will need to source for a credible meat supplier and offer great customer service.
The requirements you to have your butchery up and running are a fridge, business permit, meat hookers and selection of a strategic location. With these you can rest assured of gaining substantial returns for years to come.
4. Event Planning
Talking of hidden gems this is one. In the public sphere it is branded as most profitable business Kenya to start with 1 million. However, after exploring every nook and cranny in the event industry we have established with as little as 100K you start a successful event planning company.
Event Planning is an expansive field. To succeed in this sphere, you need to establish the niche you want to pursue. As such, you can focus on full event planning or a certain aspect of an event.
Here are some common niches you can pursue in event planning business:
- Event Decorations
- Artists backstage management
- Venue hiring
- Event Promotion
- Catering
Focus on any of these aspects, be the very best and you my friend are set up for reaping the perks of a successful business for years to come.
5. Start a Grocery Business
The demand for groceries is always there. As such, starting a grocery business you can rest assured of constant stream of customers.
However, starting a grocery store is not straightforward as it might seem. You will need to tread carefully to succeed in this area. For starters choose a well populated. As such, it is an ideal business to start with 100K in Nairobi.
The 100K will cater for:
- Renting a suitable store location
- Acquiring reliable suppliers/Stock
- Business Permits
- Branding/Marketing
You may also read: How to start a business in Nairobi
6. Courier and Delivery Services
Kenyans are making millions of purchases daily and often need them delivered. Despite the ever-growing demand the current market is undeserved by dependable delivery services. You will hardly fail to encounter a Kenyan complaining on social media after being failed by delivery guy.
You can seize this opportunity, establish a reliable brand and make a fortune in the long term. Courier is popular as most profitable business in Kenya to start with 500K. However, even with 100K you can get started.
The 100K will cater for:
- Transportation machine (second hand bike motorbike)
- Lease a small office space
- Parcel Compartment
- Business Permits
- Marketing
7. Venture into Online Business
Venturing into the realm of online business in Kenya 2023 is a brilliant idea. Kenya is undergoing digital revolution and it has never been more appropriate to start an online business than now.
Here are some online business ideas in Kenya you can venture into:
- Vlogging: it would be a misnomer to mention most profitable business in Kenya to start with 10K. If you enjoy sharing what you love doing, then you are set to become successful YouTube content creator in Kenya.
- Blogging: Definitely a profitable business to start with 100K in Kenya 2023. With your 100K you can start a blog and make passive income from the comfort of your sofa.
- Open an e-commerce store: Despite the dominance of Jumia and Kilimall, startups do still get a piece of the cake in this expansive industry. All you need is to identify a niche and try be the very best in the market. Although widely popular as most profitable business in Kenya to start with 1 million, if you zero-in on a niche even with 100K you will get started.
- Airbnb Business: with 100K you can rent a studio apartment, decorate it and be hosting Airbnb customers. Owing to Airbnb growing influence in the Kenyan market it ranks high on merit list of profitable business to start with 100K in Kenya 2023.
- Online Food Delivery: currently most profitable business in Kenya to start with 10K. Pick an area with high number of casual workers and your food business will bloom.
8. Poultry Farming
Kenyan President is perfect case study of poultry business profitability in Kenya. With your 100K and a rigid plan poultry business can earn you up to 5 million in a year.
In the past few years egg prices in the Kenyan market have been skyrocketing. As such, it is a perfect time to launch your poultry business and generate some profit.
The 100K will cater for:
- Space required for Chicken
- Water Source
- Chicken Drinker
- Poultry Feed
- Automatic Feeders
9. Clothing Boutique
If you are a fashion enthusiast here is a hot pick for you. Clothing boutique is definitely a business to start with 100K in Nairobi. The vibrant city of Nairobi is filled with fashion lovers.
To make it to the top of the curve you will need to focus on trendy clothes. Coupled with a strategic location this business can earn you substantial profits for years to come.
The 100K would cater for:
- Renting a business premise
- Business License
- Finding reliable boutique suppliers
Closing Remarks
The above are some of the businesses one can start in Kenya with 100K. The choice will depend on one’s personal preferences and locality.
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