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CBD STALLS AND SHOPS
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nwamaina
#1 Posted : Tuesday, September 20, 2011 2:08:34 PM
Rank: Member


Joined: 3/29/2011
Posts: 102
Location: Nairobi,Kenya
Fellow wazuanites I would really like some genuine insight in the biasharas done in CBD stalls and shops.

I have heard of and know people who pay hundreds of thousands for good will before even starting the business and in addition rents and license fees etc etc

Most of them say that they recoup the goodwill in a matter of days and others actually burn their fingers.

Who has experience with this kind of business...I have found a small shop going for 20k PM and with no goodwill from the actual landlord not agents,so anyone with advice of a lucrative biashara that can be done in this roughly 10ft by 5ft shop within the CBD near the old KBS stage..

May God bless those forthcoming with insight...
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nwamaina
#2 Posted : Tuesday, September 20, 2011 2:10:05 PM
Rank: Member


Joined: 3/29/2011
Posts: 102
Location: Nairobi,Kenya
Fellow wazuanites I would really like some genuine insight in the biasharas done in CBD stalls and shops.

I have heard of and know people who pay hundreds of thousands for good will before even starting the business and in addition rents and license fees etc etc

Most of them say that they recoup the goodwill in a matter of days and others actually burn their fingers.

Who has experience with this kind of business...I have found a small shop going for 20k PM and with no goodwill from the actual landlord not agents,so anyone with advice of a lucrative biashara that can be done in this roughly 10ft by 5ft shop within the CBD near the old KBS stage..

May God bless those forthcoming with insight...
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Wakilunda
#3 Posted : Tuesday, September 20, 2011 4:06:53 PM
Rank: Member


Joined: 11/2/2006
Posts: 6
Not everything looks or seems what it's peddled....Some frank advise..keep your hard earned money away from those stalls. The only guys who make money there are the STALL OWNERS...PERIOD.Shame on you Remember the good old wise saying...'All that glitters is not GOLD'.
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GGK
#4 Posted : Tuesday, September 20, 2011 4:16:47 PM
Rank: Member


Joined: 11/21/2006
Posts: 608
Location: Ruiru
Ever noted that most of the businesses in the stalls are new? I don't know why.... but layers and layers of brokers make the space very costly and hence high rate of turnover of businesses.
Why would someone require goodwill on a new building?
"..I am because we are. "― Ubuntu, Umtu,
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Ustadh Ongige
#5 Posted : Tuesday, September 20, 2011 4:17:28 PM
Rank: New-farer


Joined: 6/27/2011
Posts: 18
Location: Nairobi
Personal loans against items seems to be a lucrative investment avenue during the current malady that is our economic climate.

Look unto me, and be ye saved, all the ends of the earth: for I am God, and there is none else.
Isaiah 45:22
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Wakilunda
#6 Posted : Tuesday, September 20, 2011 4:22:57 PM
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Joined: 11/2/2006
Posts: 6
I agree,most businesses are new.and worse still everybody's doing/selling/franchising..u name it..the same thing. So what happens in the end? Obviously some Sad 'serious' under-cutting price-wise hence low profits. Most quit early to avoid further losses.
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nwamaina
#7 Posted : Wednesday, September 21, 2011 9:08:43 AM
Rank: Member


Joined: 3/29/2011
Posts: 102
Location: Nairobi,Kenya
But how is it that most of the traders claim to mint money in these establishments and off course some actually quit and "sell" the stalls,anyone who has done any lucrative biashara in these stalls can shed some light..
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KenSaf
#8 Posted : Wednesday, September 21, 2011 6:28:07 PM
Rank: Member


Joined: 6/4/2008
Posts: 394
nwamaina wrote:
Fellow wazuanites I would really like some genuine insight in the biasharas done in CBD stalls and shops.

I have heard of and know people who pay hundreds of thousands for good will before even starting the business and in addition rents and license fees etc etc

Most of them say that they recoup the goodwill in a matter of days and others actually burn their fingers.

Who has experience with this kind of business...I have found a small shop going for 20k PM and with no goodwill from the actual landlord not agents,so anyone with advice of a lucrative biashara that can be done in this roughly 10ft by 5ft shop within the CBD near the old KBS stage..

May God bless those forthcoming with insight...


Is it a place with a lot of human traffic, got a biz idea
Doors of opportunity don't just open , they have to be unlocked & it's up to you to turn the knob.
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freiks
#9 Posted : Wednesday, September 21, 2011 6:39:52 PM
Rank: Veteran


Joined: 6/8/2010
Posts: 1,729
Have been in it and as some say its not always that glitters is gold. For those saying its all new businesses i defer since i have guys who have been there and expanding their businnesses like wildfire. Am planning to get another one soon since i can see light at the end of tunnel. The only issue is you have to know which items really move on a certain location then you need to know where to get those items at a good cost. Then for you to mint that cash you have to really invest cash. that kipanda should have stock of good cash....500k and above sio ku-stock 20k and expect to get results.
Life is an endless adventure
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livie
#10 Posted : Friday, September 23, 2011 5:32:44 PM
Rank: Veteran


Joined: 11/1/2008
Posts: 834
Wakilunda wrote:
Not everything looks or seems what it's peddled....Some frank advise..keep your hard earned money away from those stalls. The only guys who make money there are the STALL OWNERS...PERIOD.Shame on you Remember the good old wise saying...'All that glitters is not GOLD'.


wat about cases of juju to help out biz?
If you are going to be thinking only one thing, you might as well be thinking big. -Donald J . Trump
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