Most Underrated Yet Profitable Businesses

There are so many businesses in Kenya that people tend to ignore because they think they are not profitable but the fact is some of these businesses can make you a millionaire. One good thing about these businesses is that they need a very low starting capital.

If you have an entrepreneurial spirit and you are determined to pursue your business career, then here are some low-cost businesses that will for sure inspire your passion for entrepreneurship.

1. Fruit Vending

This is one sector that is so underrated yet very paying. People in this sector will never tell you the amount they earn because they want to eat quietly. Those selling bananas, pineapples, and watermelons make the highest amount. Some of them buy a piece of pineapple at 50 shillings and sell it at 200 shillings and above when they cut it into pieces.

2. Pool table

This can be a very lucrative venture when you have a good flow of customers. It has very low competition and can make you good money.  You only need a business permit to run it. To apply for the pool table license in Kenya, you need to pay an application fee of 250 shillings, and a license fee of 5,000  shillings.

If you running other errands, this can be a very good side hustle since you do not have to be there physically to run your business. All you need to do is to set the pool table and when customers come to play, they deposit some amount to open the pool table. You need to set the amount your customers need to pay for them to play.

3. Selling Sweets

Many people are unaware that this business can make them a lot of money. Some hawkers have revealed that this business makes them up to 2,000 shillings a day. A packet of sweets for instance costs 80 shillings and earns the seller around 250 shillings. This means selling 6 packets a day will earn you a cool 1,500 shillings.

4. Food joint

This is one of the smartest business ideas that will not disappoint you. All you need to do is ensure your products are quality assured. The business is very competitive and you will need to be creative and innovative enough to beat the competition.

5. Scrap metals business

Most people don’t value the scrap metal business because they think it’s a dirty job. If you want to get quick money, try this job. In a month, you’ll not make less than 100,000 shillings.