Skip to main content

Posts

Showing posts with the label Wines and Spirits Business

How to Start a Wines and Spirits Business in Kenya

Is it easy to start a wines and spirit shop in Kenya?  Well, the answer to that question depends on how one is prepared for the task. Before we talk about what is required to start let us first take an overview of the industry. According to a statement by NACADA, about 15 million Kenyans drink regularly. 12 million drink daily spending an average of Ksh.100 on each occasion. In 2010 the Alcohol Drinks Control Act (commonly known as Muthutho Law) was passed to regulate operations in this industry. Market for wines and spirits in Kenya is growing because majority find them cheaper than beer whose price has been rising in recent years due to implementation of SIN TAX. Sit-in customers spend an average of Ksh.300 per day while takeaway customers spend at least Ksh.210 per day. Wine and Spirits Business in Kenya is very popular. This business is especially popular in estates within urban centers where there’s a high population of people with disposable income. Coupled with the fact that...