Active Local Businesses
115,839
Total Competition Pool
Market Size
3.7M
Total Metro Population
5-Year Growth Rate
+0.3%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
165
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 570 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Other Performing Arts Companies | +0.0% | $44K PAY | 2.31 | +233.3% |
Soft Drink Manufacturing | +0.0% | $6.9M PAY | 2.00 | +175.0% |
Sports Teams and Clubs | +0.0% | $32.0M PAY | 1.88 | +150.0% |
Other Residential Care Facilities | +0.0% | $362K PAY | 4.81 | +139.3% |
Family Planning Centers | +0.0% | $918K PAY | 1.76 | +120.0% |
Private Mail Centers | +0.0% | $172K PAY | 0.78 | +105.7% |
Tobacco Stores | +0.0% | $90K PAY | 1.09 | +91.1% |
Services for the Elderly and Persons with Disabilities | +0.0% | $1.1M PAY | 2.05 | +81.7% |
Medical Laboratories | +0.0% | $1.3M PAY | 0.40 | +74.5% |
Other Management Consulting Services | +0.0% | $289K PAY | 0.99 | +73.8% |
All Other Transportation Equipment Manufacturing | +0.0% | $3.9M PAY | 4.11 | +71.4% |
Soap and Other Detergent Manufacturing | +0.0% | $2.7M PAY | 2.07 | +66.7% |
Assisted Living Facilities for the Elderly | +0.0% | $844K PAY | 1.53 | +65.2% |
Fruit and Vegetable Retailers | +0.0% | $96K PAY | 0.39 | +63.6% |
All Other Travel Arrangement and Reservation Services | +0.0% | $2.1M PAY | 0.81 | +62.5% |
Water Supply and Irrigation Systems | +0.0% | $346K PAY | 0.30 | +62.5% |
Real Estate Credit | +0.0% | $914K PAY | 1.69 | +60.4% |
Mobile Food Services | +0.0% | $82K PAY | 1.17 | +57.3% |
Miscellaneous Financial Investment Activities | +0.0% | $4.0M PAY | 1.92 | +54.5% |
Research and Development in Biotechnology (except Nanobiotechnology) | +0.0% | $3.4M PAY | 0.87 | +53.8% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Minneapolis-St. Paul-Bloomington:
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?