Shoes are essential accessories worn by people of all ages, from babies to adults. However, when shoes become worn-out or damaged, it’s important to know how and where to get them repaired. This blog explores the viability of starting a shoe repairing business in Kenya, catering to the need for quality shoe repair services. With a project cost of $1,030 and an estimated annual revenue of $13,104, this business idea presents a promising opportunity.

Repair Process, Capacity, and Technology

The shoe repair process varies depending on the extent of damage. It can involve fixing broken heels, worn-out soles, stitching, faded leather, loose straps, buttons, buckles, or fasteners. The repair capacity is assumed to be 300 shoes per month, utilizing locally invented and affordable repair technologies. By leveraging these repair techniques, entrepreneurs can efficiently restore the quality and functionality of shoes.

Financial Considerations

The capital investment required for the shoe repair business assumes a production cycle of 312 days per year, with a daily capacity of 300 repairs. Depreciation is calculated over a four-year period, with assets written off at 25% per year. Direct costs include materials, supplies, and other production-related expenses. With these financial considerations in mind, entrepreneurs can plan their investment and anticipate returns.

Market Analysis

New shoes can be expensive, and in Kenya’s terrain with broken walkways, shoes often get damaged. As a result, there is a high demand for shoe repair services. Shoe repair clinics are frequently crowded with customers seeking to restore their footwear. By providing quality repairs and timely services, entrepreneurs can capture a significant market share and build a loyal customer base.

Equipment Sources

The machinery required for shoe repair can be locally fabricated or sourced from countries like China and India. This ensures accessibility and affordability for entrepreneurs. Additionally, raw materials needed for repairs are readily available within the local market, reducing dependency on imports.

Conclusion

Establishing a shoe repair business in Kenya offers a viable opportunity to cater to the demand for quality shoe repair services. By leveraging locally invented repair techniques and providing efficient repairs, entrepreneurs can play a crucial role in extending the lifespan of footwear. With a strategic investment plan, reliable equipment sources, and a market analysis that highlights the growing demand, entrepreneurs can thrive in the shoe repair industry.