Looking for the profitable business opportunities and ideas in San Salvador? Then you came to the right place.
Investing in Central America is a good idea, and more if it is about undertaking profitable businesses in San Salvador.
This is one of the most prosperous cities in the American continent and that has opened the doors to entrepreneurship and investment.
Stay with me! Today I will give you great ideas with which you can start your business in San Salvador.
These are the points:
- Meet San Salvador
- Investment possibilities in San Salvador
- Profitable business ideas in San Salvador
- Will you invest in San Salvador?
San Salvador a city with accelerated economic development
Introduction about San Salvador
San Salvador is the capital of a small country called El Salvador and one of the most populous cities in Central America. It stands out for its accelerated economic development.
The metropolitan area has a territorial extension of 886.15 km 2 and a population of more than two million inhabitants.
It is the city of the country that has more natural, historical attractions, more industrial complexes, both national and international.
The city was developed with the income obtained from the export of coffee. Among the works carried out are Plaza Libertad, the National Theater of San Salvador, Hospital Rosales and the former Presidential House.
It is important to note that San Salvador has been a city that has been reborn among the ruins of various earthquakes and other natural disasters.
Among the tourist sites and icons of the city are: Balboa Park, Plaza al Divino Salvador del Mundo and Plaza Libertad.
San Salvador is the headquarters of companies dedicated to food processing, beverages, and crafts. However, pharmaceutical, automotive and chemical industries also abound.
Also, in the city, there are business emporiums such as Microsoft, Japanese Cooperation Agency (JICA), Mitsubishi Corporation, AMCHAM and the Korean Cooperation Agency (KOICA).
Another of the exploited sectors in San Salvador is tourism, supported by luxury hotels, inns and shopping centres.
Investment possibilities in San Salvador
San Salvador’s economy is growing, due to the effort that public and private companies are making to boost investment and entrepreneurship.
As this city is the capital of San Salvador, it concentrates most of the institutions that support investors and entrepreneurs.
In this sense, there is the National Commission for Micro and Small Enterprises (CONAMYPE), which helps new entrepreneurs in the country, offering them seed capital to start operations.
CONAMYPE’s momentum is so great that it established alliances with companies in other countries to promote and market products. Among the prioritized products are cocoa, chilli peppers and fruit wines.
Another institution that supports small and medium-sized companies is Elders and Experts. This is an institution dedicated to business consulting in the following areas: agricultural, tourism and industrial.
The Chamber of Commerce and Industry of El Salvador (Camarasal), has one of the most comprehensive programs for promoting and developing entrepreneurship, called EmprendES.
This program promotes the creation of new companies, offering incubation training and linking with investors in different areas.
You will also have the support of the Association of Entrepreneurs of El Salvador. This organization will not only provide you with skills development advice, but its actions promote fiscal and financial incentives.
The Business Foundation for Social Action (Fundemas), is an organization that is responsible for promoting sustainable development and social responsibility in Salvadoran companies.
If you need financial or technological tools to boost your company, you can present your project to the Productive Development Fund (Fondepro).
In this sense, the institution supports the commercialization plan, the consolidation in international markets helps in the acquisition of machinery and technical assistance to improve processes.
Profitable Business Ideas in San Salvador
Good businesses start with good ideas, for this reason, today I will give you several great and very profitable ideas so that you can multiply your money quickly and safely.
1.- Tourism guides
Tourism is one of the prioritized sectors in El Salvador and one of the most profitable businesses in its capital. You will only have to know the history of the corners and sites of cultural, historical and recreational interest.
San Salvador is a city rich in tourist sites, it exploits this benefit and envelops tourists with the natural beauties and the mysticism and history behind them.
2.- Transportation for visitors or businessmen
If you have an appropriate bus or van, you can offer the transport service throughout the city, you just have to create a very attractive itinerary.
Due to a large number of entrepreneurs and investors who visit the city, this idea becomes one of the profitable businesses in San Salvador.
3.- Typical food restaurant
Opening a restaurant where you not only offer food but good music is very profitable in any city in the world.
You just have to satisfy the tastes of diners and make the perfect mix of ingredients, flavours, aromas and good presentation of dishes.
You must design the menu including not only typical food from San Salvador, but from other countries.
4.- Open a spa
Who does not like to relax? So, it offers the spa and massage service to people who want to get out of the daily routine.
That your spa is synonymous with good taste, relaxation and elegance so that your clients feel at ease.
5.- Open a dance school
Latin Americans like to dance and learn new steps in different styles of music.
For this reason, if you are a professional dancer or master a particular dance style, you could open a dance school in the city of San Salvador.
You could offer your services to all ages and present the results at public events.
6.- Catering service
There are many entrepreneurship events that take place in San Salvador for being the capital and the cultural, economic and historical centre of the country.
You can offer the tablecloths, food, drinks and cooks service to different events that take place in the city.
7.- Artisan coffee
El Salvador is one of the main coffee producers, in itself reminds that the development of the city is due to the commercialization of this product.
You will have to research and seek advice on the production system so that you offer a coffee with a unique and competitive aroma and flavour.
8.- Real estate agent
The real estate sector is one of the most profitable in this city, for this reason, you can dedicate yourself to buying and selling houses, apartments or offices.
In the same way, you could serve as an intermediary and advice in the different real estate transactions, without a doubt one of the profitable businesses in San Salvador.
9.- Souvenir shop
Who doesn’t like to bring memories of the places they visit? Sell souvenirs, crafts, stamped flannels, key chains identified with the city.
You will undoubtedly recover the investment quickly as it is one of the profitable businesses in San Salvador and throughout the country.
Will you invest in San Salvador?
If the answer is yes, I can only congratulate you on the excellent decision. With effort, optimism and a lot of dedication, you will achieve the consolidation of your business.
To finish, if you still have doubts, I recommend that you take a look at profitable business ideas in other countries like the ones I describe below:
- Profitable Business Ideas and Opportunities in Cúcuta, Colombia
- 9 Business Ideas and Opportunities in San Lorenzo, Paraguay
- 8 Profitable Business Ideas and Opportunities in La Paz, Bolivia
- Profitable Business Opportunities and Ideas in Houston, United States
Thanks for reading.