Active Local Businesses
10,436
Total Competition Pool
Market Size
293K
Total Metro Population
5-Year Growth Rate
+15.7%
🔥 Outpacing US(+0.1% avg)
Underserved Sectors
119
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 195 opportunities
| Niche Name | Solo Ratio | Market Scale | Competition (LQ) | Growth (5-Yr) |
|---|---|---|---|---|
Exterminating and Pest Control Services | +0.0% | $135K PAY | 0.67 | +300.0% |
Offices of Physicians, Mental Health Specialists | +78.0% | $1.2M PAY | 0.73 | +266.7% |
Offices of Other Holding Companies | +0.0% | $300K PAY | 2.42 | +240.0% |
Offices of All Other Miscellaneous Health Practitioners | +88.9% | $147K PAY | 0.77 | +210.0% |
All Other Health and Personal Care Stores | +0.0% | $383K PAY | 1.11 | +200.0% |
Miscellaneous Intermediation | +0.0% | $97K PAY | 1.33 | +171.4% |
Mobile Food Services | +0.0% | $83K PAY | 0.75 | +150.0% |
Diet and Weight Reducing Centers | +0.0% | $616K PAY | 5.48 | +133.3% |
All Other Outpatient Care Centers | +0.0% | $25.4M PAY | 0.63 | +133.3% |
Nail Salons | +84.4% | $239K PAY | 0.51 | +122.2% |
Other Activities Related to Real Estate | +0.0% | $160K PAY | 0.46 | +100.0% |
Other Computer Related Services | +0.0% | $121K PAY | 0.70 | +100.0% |
Tobacco Stores | +0.0% | $279K PAY | 0.65 | +87.5% |
Other Building Finishing Contractors | +0.0% | $848K PAY | 1.73 | +87.5% |
All Other Personal Services | +0.0% | $111K PAY | 0.72 | +81.8% |
Outpatient Mental Health and Substance Abuse Centers | +0.0% | $686K PAY | 1.01 | +80.0% |
Snack and Nonalcoholic Beverage Bars | +9.7% | $415.0M REV | 0.98 | +72.2% |
Offices of Real Estate Agents and Brokers | +0.0% | $157K PAY | 0.89 | +71.9% |
Offices of Physical, Occupational and Speech Therapists, and Audiologists | +0.0% | $332K PAY | 0.76 | +69.2% |
Marketing Consulting Services | +0.0% | $177K PAY | 0.95 | +64.7% |
Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Sioux Falls:
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?