Active Local Businesses
34,571
Total Competition Pool
Market Size
1.2M
Total Metro Population
5-Year Growth Rate
+11.3%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
132
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 402 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Fruit and Vegetable Retailers | +0.0% | $98K PAY | 0.95 | +300.0% |
Mobile Food Services | +0.0% | $44K PAY | 0.88 | +300.0% |
Child and Youth Services | +0.0% | $331K PAY | 1.75 | +179.4% |
Mortgage and Nonmortgage Loan Brokers | +0.0% | $432K PAY | 0.81 | +145.5% |
Miscellaneous Financial Investment Activities | +0.0% | $114K PAY | 2.60 | +137.5% |
Offices of Mental Health Practitioners (except Physicians) | +0.0% | $142K PAY | 1.32 | +129.0% |
Offices of All Other Miscellaneous Health Practitioners | +91.6% | $26381.0M REV | 0.50 | +121.4% |
Power and Communication Line and Related Structures Construction | +0.0% | $3.1M PAY | 1.04 | +120.0% |
Meat Processed from Carcasses | +0.0% | $7.3M PAY | 3.57 | +116.7% |
Telecommunications Resellers | +0.0% | $166K PAY | 1.68 | +111.1% |
All Other Miscellaneous Ambulatory Health Care Services | +0.0% | $596K PAY | 0.64 | +100.0% |
All Other Outpatient Care Centers | +0.0% | $1.1M PAY | 0.92 | +96.9% |
Nail Salons | +98.1% | $50683.0M REV | 0.17 | +90.9% |
Offices of Physicians, Mental Health Specialists | +86.0% | $396K PAY | 0.74 | +88.9% |
Tobacco Stores | +0.0% | $99K PAY | 0.67 | +88.0% |
Other Activities Related to Real Estate | +0.0% | $178K PAY | 1.02 | +84.1% |
Other Grantmaking and Giving Services | +0.0% | $441K PAY | 1.47 | +83.3% |
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) | +0.0% | $7.5M PAY | 0.46 | +81.8% |
Miscellaneous Intermediation | +0.0% | $533K PAY | 0.46 | +81.8% |
Glass and Glazing Contractors | +0.0% | $842K PAY | 0.81 | +80.0% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Grand Rapids-Wyoming-Kentwood:
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?