Active Local Businesses
5,321
Total Competition Pool
Market Size
225K
Total Metro Population
5-Year Growth Rate
+13.4%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
60
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 116 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Direct Property and Casualty Insurance Carriers | +0.0% | $4.2M PAY | 2.28 | +300.0% |
Offices of Mental Health Practitioners (except Physicians) | +0.0% | $453K PAY | 1.02 | +225.0% |
Software Publishers | +0.0% | $988K PAY | 1.17 | +175.0% |
Tobacco Stores | +0.0% | $60K PAY | 1.72 | +171.4% |
Barber Shops | +82.6% | $139K PAY | 3.60 | +150.0% |
All Other Professional, Scientific, and Technical Services | +0.0% | $1.2M PAY | 0.82 | +120.0% |
Administrative Management and General Management Consulting Services | +0.0% | $358K PAY | 0.49 | +115.4% |
Other Personal Care Services | +0.0% | $122K PAY | 1.15 | +100.0% |
Convenience Stores | +0.0% | $93K PAY | 1.28 | +92.3% |
Pet Care (except Veterinary) Services | +0.0% | $161K PAY | 1.40 | +90.0% |
Offices of Physical, Occupational and Speech Therapists, and Audiologists | +0.0% | $290K PAY | 1.15 | +88.2% |
Other Accounting Services | +84.6% | $1223.0M REV | 0.63 | +77.8% |
All Other Personal Services | +0.0% | $49K PAY | 1.12 | +66.7% |
All Other Support Services | +0.0% | $343K PAY | 1.59 | +66.7% |
Offices of Real Estate Agents and Brokers | +0.0% | $87K PAY | 1.13 | +65.6% |
Nail Salons | +94.9% | $117K PAY | 0.42 | +60.0% |
Finish Carpentry Contractors | +0.0% | $130K PAY | 0.93 | +60.0% |
General Warehousing and Storage | +0.0% | $1.7M PAY | 2.16 | +58.3% |
Beer, Wine, and Liquor Stores | +0.0% | $122K PAY | 1.31 | +56.3% |
All Other General Merchandise Stores | +0.0% | $191K PAY | 1.37 | +50.0% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Lafayette-West Lafayette:
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?