Active Local Businesses
2,359
Total Competition Pool
Market Size
77K
Total Metro Population
5-Year Growth Rate
+6.0%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
31
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 60 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Offices of Mental Health Practitioners (except Physicians) | +0.0% | $159K PAY | 2.24 | +285.7% |
All Other General Merchandise Stores | +0.0% | $201K PAY | 1.32 | +150.0% |
General Freight Trucking, Long-Distance, Truckload | +0.0% | $187K PAY | 1.83 | +107.7% |
Snack and Nonalcoholic Beverage Bars | +10.0% | $150.0M REV | 1.24 | +107.7% |
All Other Amusement and Recreation Industries | +0.0% | $139K PAY | 3.44 | +58.3% |
Other Personal Care Services | +0.0% | $122K PAY | 1.21 | +42.9% |
Nail Salons | +78.8% | $124K PAY | 0.78 | +40.0% |
Offices of All Other Miscellaneous Health Practitioners | +92.6% | $576K PAY | 0.43 | +33.3% |
Tax Preparation Services | +71.4% | $210K PAY | 0.56 | +33.3% |
Grain and Field Bean Merchant Wholesalers | +0.0% | $1.2M PAY | 25.91 | +33.3% |
Offices of Physicians (except Mental Health Specialists) | +75.7% | $1769.0M REV | 0.17 | +28.6% |
Specialized Freight (except Used Goods) Trucking, Long-Distance | +0.0% | $164K PAY | 9.24 | +27.8% |
Administrative Management and General Management Consulting Services | +0.0% | $694K PAY | 0.52 | +27.3% |
Portfolio Management | +0.0% | $552K PAY | 1.25 | +27.3% |
Site Preparation Contractors | +0.0% | $509K PAY | 3.43 | +26.9% |
Offices of Real Estate Agents and Brokers | +0.0% | $67K PAY | 0.80 | +25.9% |
Pharmacies and Drug Stores | +0.0% | $506K PAY | 1.27 | +18.2% |
Residential Remodelers | +0.0% | $167K PAY | 0.99 | +17.2% |
Limited-Service Restaurants | +14.3% | $503.0M REV | 0.87 | +15.4% |
Offices of Chiropractors | +0.0% | $103K PAY | 3.09 | +14.8% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Minot:
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?