Active Local Businesses
3,857
Total Competition Pool
Market Size
182K
Total Metro Population
5-Year Growth Rate
+5.4%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
63
Niches with LQ < 0.8
Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.
Showing 20 of 91 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
All Other Personal Services | +0.0% | $137K PAY | 1.08 | +175.0% |
Offices of Physical, Occupational and Speech Therapists, and Audiologists | +0.0% | $302K PAY | 1.22 | +100.0% |
Electronic Shopping and Mail-Order Houses | +0.0% | $251K PAY | 0.93 | +90.9% |
Pet Care (except Veterinary) Services | +0.0% | $78K PAY | 1.44 | +87.5% |
Marketing Consulting Services | +0.0% | $671K PAY | 0.50 | +83.3% |
Nail Salons | +88.7% | $121K PAY | 0.48 | +75.0% |
Offices of Mental Health Practitioners (except Physicians) | +0.0% | $127K PAY | 0.72 | +55.6% |
Tobacco Stores | +0.0% | $28K PAY | 2.13 | +50.0% |
Used Car Dealers | +0.0% | $300K PAY | 1.58 | +45.5% |
Residential Property Managers | +0.0% | $462K PAY | 1.03 | +36.8% |
New Car Dealers | +0.0% | $2.7M PAY | 1.73 | +36.4% |
Painting and Wall Covering Contractors | +0.0% | $116K PAY | 0.76 | +33.3% |
Other Direct Selling Establishments | +0.0% | $60K PAY | 1.35 | +33.3% |
All Other Amusement and Recreation Industries | +0.0% | $86K PAY | 1.46 | +30.0% |
Elementary and Secondary Schools | +0.0% | $254K PAY | 1.40 | +30.0% |
All Other Specialty Trade Contractors | +0.0% | $214K PAY | 1.79 | +29.2% |
All Other General Merchandise Stores | +0.0% | $222K PAY | 2.01 | +27.6% |
Convenience Stores | +0.0% | $124K PAY | 1.87 | +27.3% |
Landscaping Services | +0.0% | $227K PAY | 1.45 | +27.3% |
Furniture Stores | +0.0% | $260K PAY | 1.59 | +27.3% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Blacksburg-Christiansburg-Radford:
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).
Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.
Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?