Active Local Businesses
3,832
Total Competition Pool
Market Size
161K
Total Metro Population
5-Year Growth Rate
+6.2%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
42
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 96 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Lessors of Miniwarehouses and Self-Storage Units | +0.0% | $507K PAY | 1.36 | +233.3% |
All Other Amusement and Recreation Industries | +0.0% | $173K PAY | 1.27 | +120.0% |
Marketing Consulting Services | +0.0% | $1.9M PAY | 0.61 | +116.7% |
All Other Miscellaneous Store Retailers (except Tobacco Stores) | +0.0% | $134K PAY | 1.34 | +116.7% |
Nail Salons | +83.8% | $102K PAY | 0.85 | +100.0% |
Tobacco Stores | +0.0% | $112K PAY | 2.19 | +100.0% |
Pet Care (except Veterinary) Services | +0.0% | $158K PAY | 1.78 | +100.0% |
Offices of Mental Health Practitioners (except Physicians) | +0.0% | $352K PAY | 1.75 | +94.1% |
Convenience Stores | +0.0% | $126K PAY | 0.69 | +66.7% |
Grantmaking Foundations | +0.0% | $2.1M PAY | 2.26 | +57.1% |
Outpatient Mental Health and Substance Abuse Centers | +0.0% | $1.5M PAY | 2.18 | +55.6% |
Child and Youth Services | +0.0% | $249K PAY | 2.21 | +55.6% |
Credit Unions | +0.0% | $1.2M PAY | 1.59 | +50.0% |
Snack and Nonalcoholic Beverage Bars | +14.0% | $300K PAY | 1.08 | +48.0% |
Administrative Management and General Management Consulting Services | +0.0% | $184K PAY | 0.80 | +47.8% |
Other Scientific and Technical Consulting Services | +0.0% | $235K PAY | 0.92 | +42.9% |
All Other Personal Services | +0.0% | $126K PAY | 1.01 | +42.9% |
Residential Intellectual and Developmental Disability Facilities | +0.0% | $236K PAY | 5.15 | +36.5% |
Food Service Contractors | +0.0% | $139K PAY | 1.63 | +35.7% |
Office Administrative Services | +0.0% | $1.6M PAY | 0.81 | +33.3% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Bloomington:
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?