Active Local Businesses
8,275
Total Competition Pool
Market Size
255K
Total Metro Population
5-Year Growth Rate
+9.5%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
81
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 178 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Outpatient Mental Health and Substance Abuse Centers | +0.0% | $950K PAY | 1.63 | +283.3% |
Offices of Mental Health Practitioners (except Physicians) | +0.0% | $235K PAY | 1.35 | +211.1% |
Other Scientific and Technical Consulting Services | +0.0% | $132K PAY | 0.75 | +200.0% |
Other Activities Related to Real Estate | +0.0% | $583K PAY | 0.78 | +128.6% |
Tobacco Stores | +0.0% | $214K PAY | 0.66 | +100.0% |
Other Residential Care Facilities | +0.0% | $456K PAY | 2.52 | +100.0% |
Elementary and Secondary Schools | +0.0% | $1.6M PAY | 0.55 | +83.3% |
Photography Studios, Portrait | +0.0% | $154K PAY | 2.13 | +75.0% |
Cosmetics, Beauty Supplies, and Perfume Stores | +0.0% | $264K PAY | 0.78 | +71.4% |
Nail Salons | +84.3% | $274K PAY | 0.71 | +69.2% |
All Other Personal Services | +0.0% | $91K PAY | 0.92 | +66.7% |
All Other Specialty Food Stores | +0.0% | $112K PAY | 1.99 | +66.7% |
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers | +0.0% | $2.0M PAY | 1.80 | +66.7% |
Offices of Physical, Occupational and Speech Therapists, and Audiologists | +0.0% | $486K PAY | 0.90 | +64.0% |
Sports and Recreation Instruction | +0.0% | $210K PAY | 0.70 | +62.5% |
Investment Advice | +0.0% | $108K PAY | 1.27 | +62.5% |
General Warehousing and Storage | +0.0% | $2.9M PAY | 0.90 | +62.5% |
Home Health Care Services | +0.0% | $1.8M PAY | 0.37 | +62.5% |
Barber Shops | +88.4% | $2925.0M REV | 1.18 | +60.0% |
Services for the Elderly and Persons with Disabilities | +0.0% | $416K PAY | 1.15 | +60.0% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Fargo:
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?