Active Local Businesses
44,923
Total Competition Pool
Market Size
1.3M
Total Metro Population
5-Year Growth Rate
+10.3%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
140
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 417 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Investment Banking and Securities Dealing | +0.0% | $15.8M PAY | 1.31 | +250.0% |
Construction Sand and Gravel Mining | +0.0% | $1.8M PAY | 1.43 | +233.3% |
Distilleries | +0.0% | $503K PAY | 2.39 | +175.0% |
Other Financial Vehicles | +0.0% | $346K PAY | 1.94 | +160.0% |
Nail Salons | +89.8% | $144K PAY | 0.84 | +141.1% |
Barber Shops | +88.3% | $70K PAY | 1.61 | +128.0% |
New Multifamily Housing Construction (except For-Sale Builders) | +0.0% | $304K PAY | 1.53 | +116.7% |
Other Social Advocacy Organizations | +0.0% | $215K PAY | 0.83 | +113.3% |
Sports Teams and Clubs | +0.0% | $16.6M PAY | 2.38 | +100.0% |
Family Planning Centers | +0.0% | $342K PAY | 1.30 | +100.0% |
All Other Miscellaneous Ambulatory Health Care Services | +0.0% | $530K PAY | 1.35 | +93.1% |
Temporary Shelters | +0.0% | $1.4M PAY | 1.00 | +90.0% |
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures | +0.0% | $149K PAY | 0.66 | +87.5% |
Mobile Food Services | +0.0% | $74K PAY | 1.37 | +87.5% |
Computer Training | +0.0% | $7.2M PAY | 1.96 | +85.7% |
Medicinal and Botanical Manufacturing | +0.0% | $680K PAY | 4.22 | +83.3% |
Other Management Consulting Services | +0.0% | $481K PAY | 2.35 | +82.6% |
Amusement Arcades | +0.0% | $613K PAY | 1.19 | +80.0% |
Used Household and Office Goods Moving | +0.0% | $710K PAY | 0.85 | +80.0% |
All Other Outpatient Care Centers | +0.0% | $954K PAY | 0.91 | +78.7% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Salt Lake City-Murray:
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?