Bangor, ME

Business Ideas & Market Opportunities

The Bangor market is currently outpacing the national growth rate. Our analysis identifies 27 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

4,715

Total Competition Pool

Market Size

154K

Total Metro Population

5-Year Growth Rate

+5.7%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

52

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 113 opportunities

Medical Laboratories

Growth
+150.0%
Scale
$1.3M PAY
Saturation
1.84
15 establishments

Other Scientific and Technical Consulting Services

Growth
+133.3%
Scale
$121K PAY
Saturation
1.04
14 establishments

Offices of Real Estate Agents and Brokers

Growth
+81.6%
Scale
$79K PAY
Saturation
0.84
69 establishments

Pet Care (except Veterinary) Services

Growth
+73.3%
Scale
$130K PAY
Saturation
2.09
26 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+70.6%
Scale
$489K PAY
Saturation
1.14
29 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+69.2%
Scale
$564K PAY
Saturation
1.24
125 establishments

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Growth
+66.7%
Scale
$210K PAY
Saturation
2.10
25 establishments

Motor Vehicle Towing

Growth
+66.7%
Scale
$466K PAY
Saturation
2.07
10 establishments

Residential Remodelers

Growth
+62.5%
Scale
$131K PAY
Saturation
1.38
91 establishments

Other Individual and Family Services

Growth
+58.8%
Scale
$892K PAY
Saturation
1.48
27 establishments

Tobacco Stores

Growth
+57.1%
Scale
$146K PAY
Saturation
2.18
22 establishments

Furniture Stores

Growth
+50.0%
Scale
$432K PAY
Saturation
1.14
12 establishments

General Freight Trucking, Local

Growth
+46.7%
Scale
$321K PAY
Saturation
0.99
22 establishments

Electronic Shopping and Mail-Order Houses

Growth
+46.2%
Scale
$1.2M PAY
Saturation
0.70
19 establishments

Nursery, Garden Center, and Farm Supply Stores

Growth
+44.4%
Scale
$287K PAY
Saturation
2.32
13 establishments

Highway, Street, and Bridge Construction

Growth
+44.4%
Scale
$1.1M PAY
Saturation
3.18
13 establishments

Site Preparation Contractors

Growth
+41.0%
Scale
$1.1M PAY
Saturation
2.96
55 establishments

Residential Property Managers

Growth
+40.0%
Scale
$229K PAY
Saturation
1.16
35 establishments

Convenience Stores

Growth
+39.1%
Scale
$174K PAY
Saturation
1.79
32 establishments

Sawmills

Growth
+37.5%
Scale
$706K PAY
Saturation
16.93
11 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Bangor:

1

Demographic Fit

Does the local population age or income level explain the "Supply Gaps"? (e.g., A gap in luxury services may be due to lower local income).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?