Active Local Businesses
45,466
Total Competition Pool
Market Size
1.3M
Total Metro Population
5-Year Growth Rate
+4.5%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
147
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 353 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Telecommunications Resellers | +0.0% | $359K PAY | 1.41 | +275.0% |
Other Grantmaking and Giving Services | +0.0% | $239K PAY | 3.04 | +258.3% |
Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing | +0.0% | $889K PAY | 1.07 | +142.9% |
Medical Laboratories | +0.0% | $1.3M PAY | 1.53 | +141.2% |
Appliance Repair and Maintenance | +0.0% | $160K PAY | 0.91 | +114.3% |
Child and Youth Services | +0.0% | $430K PAY | 1.46 | +102.7% |
Trust, Fiduciary, and Custody Activities | +0.0% | $2.0M PAY | 1.44 | +100.0% |
Mobile Food Services | +0.0% | $66K PAY | 0.68 | +100.0% |
Private Mail Centers | +0.0% | $225K PAY | 1.04 | +92.3% |
Tobacco Stores | +0.0% | $93K PAY | 1.67 | +85.0% |
Educational Support Services | +0.0% | $381K PAY | 0.66 | +78.6% |
Septic Tank and Related Services | +0.0% | $1.3M PAY | 1.36 | +75.0% |
Snack and Nonalcoholic Beverage Bars | +34.7% | $189K PAY | 0.90 | +72.7% |
Independent Artists, Writers, and Performers | +0.0% | $86K PAY | 0.19 | +71.4% |
Breweries | +0.0% | $4.7M PAY | 0.80 | +71.4% |
Ready-Mix Concrete Manufacturing | +0.0% | $1.1M PAY | 1.80 | +70.6% |
General Freight Trucking, Local | +0.0% | $706K PAY | 1.13 | +66.7% |
Confectionery and Nut Retailers | +0.0% | $124K PAY | 1.49 | +66.7% |
Surgical Appliance and Supplies Manufacturing | +0.0% | $37.0M PAY | 3.15 | +66.7% |
Food Service Contractors | +0.0% | $575K PAY | 1.46 | +58.6% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Memphis:
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?