Best 25 Highly Profitable Small Business Ideas in Peru

Peru offers many excellent business opportunities for entrepreneurs. Peru boasts a healthy economy and a vibrant tourist industry. If you want to start a business, Peru holds a lot of promise. In this article, we are going to provide the best business ideas in Peru.

The Human Development Index of Peru has been rising for more than the last two decades. Hence, you will find it easier to start and grow your business in Peru. Whether you are an investor from abroad or a local entrepreneur, there are many money-making ideas. Let’s analyze business ideas that can be fruitful in Peru.

25 Small Business Ideas in Peru

1. Tourism Agency

Peru is famous for tourist destinations like Machu Picchu and Cusco. Thousands of tourists visit these places every year. The tourism industry in Peru keeps growing. Tourists need effective guides, transport, and tour packages. An effectively organized tourism agency can earn good profits.

• Examples: You can offer adventure tours, eco-tours, or historical tours. Adding local cultural activities can attract more customers.

2. Restaurant Business

Food is a significant part of Peruvian culture. Locals and foreigners both love eating local Peruvian food. Peruvian cuisine is making its place on the global map. Selling local food with a touch of modernity will draw customers. Tourists as well as locals are willing to pay for quality food.

• Examples: You can begin a seafood restaurant, street food stall, or fine dining restaurant offering local food.

3. Handicraft Export Business

Peruvian handicrafts are famous around the world. Handmade dresses, jewelry, and ceramics are in-demand export items. Peruvian crafts have a good demand internationally. Tourists also buy souvenirs on visits.

• Examples: You can sell the handicrafts of local artisans over the internet. You can also distribute to global retail outlets or online stores such as Etsy.

4. Coffee Farm and Export

Peru is one of the largest coffee producers globally. Organic Peruvian coffee is in high demand. Specialty coffee is highly sought after in most nations. Peruvian coffee has a good reputation for quality. You can sell to local markets and export markets.

• Examples: You can create a coffee farm or buy beans from local farmers and export them. Having your own coffee brand is another good idea.

5. Digital Marketing Agency

The business community in Peru is expanding aggressively. The majority of companies need help marketing their services online. Increasing numbers of companies are moving online and need digital marketing services. Small and medium-sized businesses need cheap solutions.

• Examples: You can offer social media management, SEO services, and content writing for local businesses.

6. Eco-Friendly Products Business

There are more and more environment-friendly individuals in Peru. More and more people are demanding sustainable products. Health-conscious consumers and tourists are looking for eco-friendly products. Demand for sustainable products is growing globally, too.

• Examples: You can retail organic cleaning chemicals, green cosmetics, reusable bags, and bamboo products.

7. Real Estate Business

Peru’s cities are expanding at a fast rate. Property has immense investment prospects. There is demand for housing in cities such as Lima, Arequipa, and Cusco. Residential and commercial property have good demand.

• Examples: You can invest in rental real estate, build apartments, or provide property management services.

8. Language School

Foreigners and tourists typically want to learn Spanish in Peru. Locals also want to learn English for improved job opportunities. Language skills are required for tourism, trade, and education. Tourists want to learn basic Spanish so that they can communicate with locals.

• Examples: You can offer short courses in Spanish to tourists or English to locals and students.

9. Transport and Logistics Business

There is a need for efficient transport in a growing economy. Firms need efficient logistics service. There is growing international trade between Peru and other countries. Internal businesses also need transport for goods and materials.

• Examples: You can offer cargo transport, courier service, or tourist car rental.

10. Organic Farming

There is a growing demand for organic fruits and vegetables in Peru. People are becoming health-conscious. Organic produce is marketed at high prices compared to normal produce. Restaurants and supercenters look for organic suppliers.

• Examples: You can grow organic vegetables, herbs, or exotic fruits for local markets and export.

11. Textile and Fashion Business

Peru boasts a fabulous textile tradition. Alpaca wool items are particularly favored. Tourists prefer purchasing indigenous fashion items. Overseas markets also enjoy Peruvian textiles due to their high quality.

• Examples: You may set up your fashion business with alpaca wool or indigenous Peruvian material.

12. Health and Wellness Center

There are more wellness- and health-oriented individuals in Peru. Spas and gyms are gaining popularity. Quality wellness services are paid for by consumers who are health-conscious. The tourism sector also boosts the demand for spa and wellness treatments.

• Examples: You can start a yoga studio, spa, or gym with wellness programs.

13. Travel Blogging and Vlogging

Peru’s scenery attracts visitors. Travel content is always needed. Visitors look for advice and hints during travel through the internet. Travel blogs and videos can earn money through advertisements and sponsorships.

• Examples: You can create blogs, YouTube vlogs, and Instagram posts in terms of traveling experiences.

14. Renewable Energy Business

Renewable energy projects are being invested in Peru. Private players have scope. Clean energy is the future. Government incentives support renewable energy projects.

• Examples: You can invest in solar farms or wind farms or offer solar panel installation services.

15. Event Planning and Management

People like to celebrate weddings, festivals, and corporate events. Professional event services are in demand. Clients want hassle-free event planning. Residents and businesses need these services. You can tap this market by opening an event planning company in Peru and making good money.

• Examples: You can plan weddings, business conferences, and cultural celebrations.

16. Food Delivery Service

Food delivery companies are growing fast in Peruvian cities. Ready-to-eat meals are sought after by the masses. Busy schedules create a demand for delivery at home. Partnerships with nearby restaurants can add to the revenues.

• Examples: You can create your delivery app or work as a restaurant delivery partner.

17. Adventure Sports Business

Peru’s geography is suited for adventure sports. Outdoor activities are preferred by visitors. Adventure travel is trending upwards. People are willing to pay for superior experiences.

• Examples: You can offer paragliding, river rafting, or mountain biking packages.

18. Home Cleaning Services

Busy professionals prefer hiring cleaning services. The trend is rising in cities. More people are looking for reliable cleaning services for offices and homes. Professional services are convenient and time-saving.

• Examples: You can offer green cleaning services using organic products.

19. Mobile Repair Shop

Almost everybody has a smartphone these days. Repairing work is always in demand. Replacing phones is expensive. Cheap repairs are desired by people. Tourists also need quick repair work.

• Examples: You can offer screen repair, battery replacement, and software repair.

20. Pet Care Services

Pet ownership is on the rise in Peru. Hence, pet grooming services are flourishing in the country. Pet owners need grooming, training, and veterinary services for their pets. Most of them also need pet sitters while they are away.

• Examples: You can offer mobile grooming, pet walking, and day care services.

21. Beauty Salon

 

Peruvians adore beauty treatments. Beauty salon services like haircuts, facials, and spa therapy are in demand. Men and women go to salons frequently. Beauty salon services remain in demand throughout the year. Tourists also seek spa therapy after outdoor activities.

• Examples: You can provide hair styling, makeup therapy, or skin care treatments. Including bridal packages can help boost profits.

22. Laundry Services

Most urban dwellers have hectic lifestyles. They use professional laundry facilities. Tourists, organizations, and families all require good laundry services. Hotels and hostels also contract laundry requirements.

• Examples: You can provide door-to-door collection of laundry. Dry cleaning and ironing facilities add more customers.

23. Old Age Care Services

Peru’s elderly population is increasing. Families require assistance in taking care of aging relatives. Most families are unable to care for the elderly full-time. They desire professional care services. There is also a good market for assisted living facilities in Peru.

• Examples: You can provide in-house elderly care, nursing, or a small senior living home with medical assistance.

24. Dropshipping Business

E-commerce is expanding rapidly in Peru. Dropshipping is an affordable method to be a part of the trend. You don’t need to stock anything. You only pay suppliers after receiving orders. It is best for starters.

• Examples: You can sell clothes, cosmetics, electronics, or green products online. You can target Peruvian customers or overseas buyers.

25. Car Rental Business

Visitors and business travellers require dependable transport. Car hire is in high demand in tourist destinations. Businesspeople, event organizers, and tourists regularly hire cars. Long-term business rentals are also sought after.

• Examples: You can have self-drive hire or chauffeur-driven services. Including SUVs for adventure tours will generate additional revenue.

Conclusion

Peru has many profitable business ideas. From food and tourism to technology and eco-products, you can choose what best appeals to you. If you organize well, you can bring your idea to a successful company. Experiment with these best business ideas in Peru and start today.

Frequently Asked Questions

How can I get funding assistance for my business in Peru?

Despite being a developing economy, Peru has several assistance programs for start-ups in the country. There are several Venture Capital funds in Peru. COFIDE, the development bank of Peru, and PECAP, the association for seed investment, provide funds to start-ups. Apart from these, Wayra Peru, Winnipeg Capital, and Escala. VC and Angel Ventures Peru also provide funds.

What is the main industry in Peru?

Textiles, FMCG, consumer durable goods, food processing, and fisheries are the main industries in Peru.

What are the best cities in Peru to start a business?

Below are the five major cities in Peru that are favorable to launching a new business:

• Lima
• Trujillo
• Chiclayo
• Piura
• Iquitos

Can a foreigner start a business in Peru?

As a foreigner, you can have 100% ownership of your business in Peru. Moreover, you can start with very low share capital and open a bank account in the name of your business with a modest sum of USD 500.

The stable, growing, and developing economy of Peru is full of goodwill gestures and cooperation for your business idea. Hence, you can be a successful businessman in this country with your planning and business insight.