Best-Small-Business-Ideas-under-50-000

Top 10 profitable businesses you can start with 50k in Nairobi

  1. Electronics and Mobile phone repair shop – Starting any business in Kenya is complex and could be costly without adequate knowledge. If you are skilled and knowledgeable in phone repairs, you can set up a mobile phone repair shop. Before you start, do market research to measure if the cell phone repair business is profitable within your area. You should also choose a strategic location to start a phone repair business.
  2. Baby daycare – Starting a child daycare is one of the best ideas you should consider. House helps have become very expensive to maintain and cases of rogue house-helps have been on the rise. As a result, many parents prefer to take their infants to daycare centres. You can rent one or two rooms for the daycare business. Remember, you need to have a deep passion for children to succeed in this business.
  3. Selling handbags – Women will always want to have the most fashionable handbag regardless of the number of bags they have at home. Selling handbags is an excellent business idea. READ ALSO What is AfriSight? Here is everything that you need to know You can choose to sell new handbags or go for the second-hand bags. The best place to source new handbags is Eastleigh in Nairobi. You can source second-hand bags in Gikomba. You can set up the business in a permanent location or move from place-to-place selling handbags. If you have Ksh 50,000, you can comfortably start the business.
  4. Printing and photocopying services – The digital age has not managed to wipe out paper completely. There is an increasing number of people who need printing and photocopy services, including students and professionals. READ ALSO Garlic farming profit per acre in Kenya: Is it a worthy venture? The start-up capital is not as high as that of a cyber. For this business, the main equipment you need to start is a photocopier, printer, lamination machine, binding machine, and a computer. You need not have particular expertise and skills to start this type of business.
  5. General shop/ kiosk – Many Kenyan households use the nearest general retail shops or kiosks to buy daily household goods, e.g., salt, sugar, maize flour, matchboxes, candles, and much more.
  6. Salon/ barbershop – If you are looking for a fast-growing business in Kenya, consider starting a small and simple barbershop or salon with the hopes of growing it into an executive setup.  
  7. Eggs, sausages, and smokie – business Selling eggs, sausages, and smokies has gained popularity and is one of the most profitable businesses to start with 50k in Nairobi, Kenya. You need eggs, sausages, smokies, onions, tomatoes, chillies, coriander, charcoal, and a trolley to start this business.
  8. Mobile money agent – Mobile money transfer service shops have taken Kenya by storm, creating great business opportunities for ordinary citizens. Nearly every Kenyan uses various money transfer services, including M-Pesa, Airtel Money, Equitel, and T-Kash. If you are weighing your options for profitable businesses to start with 50k in Kenya, consider becoming a mobile money agent. Ensure that you set up your business in a location with high human traffic and one that does not have many competing businesses.
  9. Selling second-hand clothes (mitumba business) – Selling second-hand clothes is among the most profitable businesses that do not require a lot of capital. You can acquire space in a market or hawk the clothes. Mitumba outfits are always in demand because they are unique and affordable. You can visit big markets like the famous Gikomba to get “camera” clothes or open a bale with 50k.
  10. Nail parlour – A nail parlour is one of the profitable small business ideas to explore in 2023. The demand for manicure and pedicure services is high in present-day Kenya. If you have skills in manicure and pedicure, then this business should be on top of your list. You can opt to run a mobile nail parlour or set up the business in a fixed location.

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