Rochester, MN

Business Ideas & Market Opportunities

The Rochester market is currently outpacing the national growth rate. Our analysis identifies 35 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

5,886

Total Competition Pool

Market Size

227K

Total Metro Population

5-Year Growth Rate

+7.7%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

63

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 141 opportunities

Marketing Consulting Services

Growth
+175.0%
Scale
$74K PAY
Saturation
0.33
11 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+163.6%
Scale
$246K PAY
Saturation
0.89
29 establishments

Other Residential Care Facilities

Growth
+150.0%
Scale
$425K PAY
Saturation
4.41
15 establishments

Car Washes

Growth
+100.0%
Scale
$281K PAY
Saturation
0.81
10 establishments

Real Estate Credit

Growth
+83.3%
Scale
$440K PAY
Saturation
1.08
11 establishments

Special Needs Transportation

Growth
+71.4%
Scale
$507K PAY
Saturation
5.53
12 establishments

Software Publishers

Growth
+66.7%
Scale
$5.9M PAY
Saturation
0.91
10 establishments

Residential Mental Health and Substance Abuse Facilities

Growth
+66.7%
Scale
$2.2M PAY
Saturation
1.97
10 establishments

Home Health Care Services

Growth
+63.2%
Scale
$1.2M PAY
Saturation
1.22
31 establishments

Nonresidential Property Managers

Growth
+62.5%
Scale
$303K PAY
Saturation
1.15
13 establishments

Pet Care (except Veterinary) Services

Growth
+62.5%
Scale
$164K PAY
Saturation
1.64
26 establishments

Residential Property Managers

Growth
+60.0%
Scale
$551K PAY
Saturation
0.62
24 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+60.0%
Scale
$214K PAY
Saturation
1.04
65 establishments

Finish Carpentry Contractors

Growth
+58.8%
Scale
$281K PAY
Saturation
1.35
27 establishments

Electronic Shopping and Mail-Order Houses

Growth
+56.3%
Scale
$239K PAY
Saturation
0.72
25 establishments

Other Personal Care Services

Growth
+50.0%
Scale
$143K PAY
Saturation
1.03
21 establishments

Credit Unions

Growth
+50.0%
Scale
$1.2M PAY
Saturation
1.01
12 establishments

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Growth
+42.9%
Scale
$430.8M PAY
Saturation
1.26
10 establishments

Siding Contractors

Growth
+42.1%
Scale
$81K PAY
Saturation
5.02
27 establishments

Janitorial Services

Growth
+41.4%
Scale
$233K PAY
Saturation
0.96
41 establishments

Analyst Insights & Due Diligence

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

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?