Active Local Businesses
2,736
Total Competition Pool
Market Size
104K
Total Metro Population
5-Year Growth Rate
+3.5%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
32
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 75 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Nursing Care Facilities (Skilled Nursing Facilities) | +0.0% | $2.7M PAY | 4.63 | +155.6% |
All Other Personal Services | +0.0% | $57K PAY | 1.63 | +100.0% |
Services for the Elderly and Persons with Disabilities | +0.0% | $806K PAY | 1.79 | +90.9% |
School and Employee Bus Transportation | +0.0% | $580K PAY | 18.84 | +58.3% |
Investment Advice | +0.0% | $123K PAY | 1.58 | +57.1% |
All Other Specialty Trade Contractors | +0.0% | $158K PAY | 1.84 | +53.3% |
Offices of All Other Miscellaneous Health Practitioners | +85.2% | $156K PAY | 0.84 | +50.0% |
Nail Salons | +45.8% | $435.0M REV | 1.24 | +44.4% |
Poured Concrete Foundation and Structure Contractors | +0.0% | $214K PAY | 1.97 | +44.4% |
Food Service Contractors | +0.0% | $561K PAY | 1.15 | +42.9% |
Veterinary Services | +0.0% | $913K PAY | 1.12 | +37.5% |
Supermarkets and Other Grocery Retailers (except Convenience Retailers) | +0.0% | $2.6M PAY | 0.60 | +37.5% |
Other Individual and Family Services | +0.0% | $372K PAY | 2.73 | +36.4% |
Child Care Services | +0.0% | $359K PAY | 1.24 | +36.4% |
Painting and Wall Covering Contractors | +0.0% | $128K PAY | 0.88 | +25.0% |
Gasoline Stations with Convenience Stores | +0.0% | $443K PAY | 1.39 | +23.3% |
Residential Property Managers | +0.0% | $2.2M PAY | 0.60 | +22.2% |
Beer, Wine, and Liquor Stores | +0.0% | $205K PAY | 1.04 | +22.2% |
Electronic Shopping and Mail-Order Houses | +0.0% | $1.4M PAY | 1.04 | +21.4% |
Landscaping Services | +0.0% | $363K PAY | 1.32 | +21.1% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Mankato:
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?