Lexington-Fayette, KY

Business Ideas & Market Opportunities

The Lexington-Fayette market is currently outpacing the national growth rate. Our analysis identifies 90 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

16,490

Total Competition Pool

Market Size

517K

Total Metro Population

5-Year Growth Rate

+11.0%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

98

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 265 opportunities

Amusement Arcades

Growth
+366.7%
Scale
$461K PAY
Saturation
2.58
14 establishments

Tobacco Stores

Growth
+230.8%
Scale
$67K PAY
Saturation
1.27
43 establishments

Other Activities Related to Real Estate

Growth
+227.3%
Scale
$90K PAY
Saturation
0.94
36 establishments

Other Grantmaking and Giving Services

Growth
+200.0%
Scale
$308K PAY
Saturation
1.66
12 establishments

Mobile Food Services

Growth
+187.5%
Scale
$95K PAY
Saturation
1.17
23 establishments

Mortgage and Nonmortgage Loan Brokers

Growth
+160.0%
Scale
$85K PAY
Saturation
0.81
13 establishments

All Other Legal Services

Growth
+150.0%
Scale
$71K PAY
Saturation
1.07
10 establishments

All Other Outpatient Care Centers

Growth
+115.8%
Scale
$836K PAY
Saturation
1.24
41 establishments

All Other Miscellaneous Ambulatory Health Care Services

Growth
+110.0%
Scale
$383K PAY
Saturation
1.40
21 establishments

Other Management Consulting Services

Growth
+106.7%
Scale
$225K PAY
Saturation
1.29
31 establishments

Miscellaneous Intermediation

Growth
+100.0%
Scale
$313K PAY
Saturation
0.76
16 establishments

All Other Professional, Scientific, and Technical Services

Growth
+100.0%
Scale
$829K PAY
Saturation
0.68
28 establishments

Private Mail Centers

Growth
+100.0%
Scale
$157K PAY
Saturation
1.31
16 establishments

All Other Personal Services

Growth
+95.0%
Scale
$114K PAY
Saturation
0.95
39 establishments

Outpatient Mental Health and Substance Abuse Centers

Growth
+87.8%
Scale
$614K PAY
Saturation
2.90
77 establishments

General Freight Trucking, Long-Distance, Truckload

Growth
+82.9%
Scale
$440K PAY
Saturation
0.78
75 establishments

Couriers and Express Delivery Services

Growth
+81.8%
Scale
$6.1M PAY
Saturation
1.14
20 establishments

Sports and Recreation Instruction

Growth
+77.8%
Scale
$117K PAY
Saturation
0.92
32 establishments

Facilities Support Services

Growth
+76.9%
Scale
$718K PAY
Saturation
1.64
23 establishments

Freestanding Ambulatory Surgical and Emergency Centers

Growth
+72.7%
Scale
$2.5M PAY
Saturation
1.17
19 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Lexington-Fayette:

1

Demographic Fit

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).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?