Many people want to know how much a matatu earns per day or per month.Matatu business is very profitable in Nairobi especially for the Manyanga.A 14 seater matatu makes Ksh 3,000 to Ksh 7,000 per day after paying the conductor and driver and also purchased fuel for that day.The big matatu which is also known as Nganya makes Ksh 15,000 to Ksh 40,000 per day.
The only problem in Nairobi is to find a route which does not have a lot of traffic and also not to be a target of the police.If the police decides not to allow you to operate, you will close the business. The right thing to do is to cooperate with them, do what they tell you to do. Another problem is to find a reliable crew. Don’t employ people who will pocket Ksh 7,000 and give you Ksh 1,000.
The cost of a 14 seater matatu is Ksh 1.5 m to Ksh 3 million.If you will be making Ksh 3,000 per day,it means per month you will make Ksh 90,000,It will take you 2 to 3 years to return your capital and start earning profits.
For the Nganya,the cost of purchasing one is Ksh 5 million to Ksh 10 million.If per day it generates Ksh 20,000.In a month,the profit is Ksh 600,000.It will also take 2 years to return the capital.
In Nairobi it’s hard for a matatu to make losses because there are passengers all the time. You will only make losses if the conductor and driver decide to steal from you.
To manage your matatu well,ensure that you have employed people you trust.Give them daily targets and also treat them well.You should also closely monitor your vehicle to ensure that it’s in perfect condition all the time.
