Hardware Shops in Nairobi
Hardware Shops in Nairobi sell local and international quality branded hardware, sanitary ware, home-improvement merchandise, lawn & garden items, building materials, electrical and automotive supplies, hand & power tools and accessories, home-decorating products, lumber and paint sundries and countless more items.
Household hardware for home improvement includes fasteners, hand-tools, power tools, keys, locks, hinges, chains, plumbing supplies, electrical supplies, cleaning products, housewares, tools, utensils, paint, and lawn, and garden products directly to consumers for use at home or for business. Many hardware stores have specialty departments unique to their region or its owner’s interests. These departments include hunting and fishing supplies, plants and nursery products, marine and boating supplies, pet food and supplies, farm and ranch supplies including animal feed, swimming pool chemicals, homebrewing supplies and canning supplies.
List of Hardware shops in Nairobi
- Plumbline Hardware Stores Ltd
- Alibhai Shariff
- Juma Hardware Store
- Homecare and HardwareLimited
- Ramco Hardware
- Pacvel Hardware Ltd
- Doshi Group of Companies
- Alibhai Shariff & Sons Ltd
- Inline supplies hardware
- Alfa Trading Ltd.
- Electro Hardware & Tools
- Fortune International Ltd
- Gurbaksh Singh Kenya Ltd
- International Electro Components
- Global Hardware Ltd
- Shazad Enterprises
- Chintu Engineering Works
- Mt Kenya Timber & Hardware
- One-Stop Hardware Supplies Ltd
- Savania General Supplies Ltd
- WanaichiI Sanitary & Hardware Ltd
- Beta Choice Spares & Hardware
Secrets of Running a Successful Hardware Shops in Nairobi
- Managing the Hardware Shops in Nairobi
Hardware Business requires a hand-on approach. You should have a stock-taking exercise done every two weeks and this will help you understand which products are “moving” fast off the shelves and which ones need immediate restocking.
- Marketing Shops in Nairobi
Don’t make the mistake of sitting in your shop the whole day waiting for customers to walk in. With the kind of competition that’s there nowadays, you are better off getting the word out there yourself.
- The profitability of Shops in Nairobi
On average a good performing hardware makes a net profit of 10% its daily sales. Therefore if you make a daily sale of Ksh 100,000 you can look forward to making Ksh 10,000 net profit per day.
- Know your Market Shops in Nairobi
As a rule of thumb, you need to understand your market thoroughly before you commit your money to the business. you need to identify places with ready (and growing) market potential for hardware products.
- Competition Shops in Nairobi
Hardware business has minimal barriers to entry and for this reason, cut-throat competition is quite a common feature.
The most important thing to deal with competition is to avoid it in the first place. Ideally, you should set-up shop in upcoming estates and grow slowly as the market expands.
- Best Place to a Hardware Shop in Nairobi
The best place to start hardware is where there is an upcoming community of people who are building their first homes.
- Minimum Cost Breakdown of Hardware Shops in Nairobi
Starting stock – Ksh500,000 (200 bags of cement, 100 pieces of steel bars among others)
Rent & Deposit – Ksh50,000 (May Differ)
Single Business Permit
KRA ETR Machine
Other Minor Requirements
The minimum starting budget for this SME would be Ksh700,000.