Business ideas · Michigan · Census Business Patterns 2023
Business ideas in Grand Rapids, MI: what has room right now
Out of 236 business types, these five have the most room in Grand Rapids at a $60,000 budget: fewer per resident than the rest of Michigan, a startup range you can reach, and a realistic time to the first paying customer. Skipped 37 the city already has more of. Run it with your own budget and interests.
Neur picks
Grand Rapids, MI · 197,768 residents
- 01
Garage / Epoxy / Concrete
Decorative concrete coatings, epoxy floors, and garage upgrades
- RoomGrand Rapids has 93% fewer of these per person than Michigan. At the state rate it would hold about 13 more.
- CostOpens for $10k to $30k, inside your budget.
- In Grand Rapids1
- Per 100k vs state0.5 vs 7.0
- Residents per one197,768
- To first dollar—
- 02
Vape / Smoke Shop
Retail shop selling vaporizers, e-liquids, tobacco, and accessories
- RoomGrand Rapids has 93% fewer of these per person than Michigan. At the state rate it would hold about 13 more.
- CostOpens for $25k to $75k, inside your budget.
- In Grand Rapids1
- Per 100k vs state0.5 vs 6.9
- Residents per one197,768
- To first dollar3 to 7 mo
- 03
Medical Supply / DME Store
Wheelchairs, oxygen, braces, and home medical equipment, retail and Medicare
- RoomGrand Rapids has 91% fewer of these per person than Michigan. At the state rate it would hold about 10 more.
- CostOpens for $60k to $250k, inside your budget.
- In Grand Rapids1
- Per 100k vs state0.5 vs 5.5
- Residents per one197,768
- To first dollar4 to 10 mo
- 04
Beauty Supply Store
Hair care, wigs, cosmetics, and salon supplies
- RoomGrand Rapids has 90% fewer of these per person than Michigan. At the state rate it would hold about 9 more.
- CostOpens for $60k to $250k, inside your budget.
- In Grand Rapids1
- Per 100k vs state0.5 vs 5.1
- Residents per one197,768
- To first dollar3 to 7 mo
- 05
Flooring Install
Installation of hardwood, tile, laminate, and vinyl flooring
- RoomGrand Rapids has 88% fewer of these per person than Michigan. At the state rate it would hold about 7 more.
- CostOpens for $10k to $30k, inside your budget.
- In Grand Rapids1
- Per 100k vs state0.5 vs 4.0
- Residents per one197,768
- To first dollar—
Questions
- What business should I start in Grand Rapids, MI?
- On Census Business Patterns for Grand Rapids's own ZIP codes, the types with the most room at a $60,000 budget are garage / epoxy / concrete, vape / smoke shop, medical supply / dme store, beauty supply store, flooring install. Garage / Epoxy / Concrete leads: Grand Rapids has 93% fewer of these per person than Michigan. At the state rate it would hold about 13 more.
- How is "room" measured?
- Establishments per 100,000 residents inside Grand Rapids against the Michigan rate, from Census County and ZIP Business Patterns 2023, with crowded types (more than 1.35 times the state rate) left off. It is a screen, not a guarantee: the paid report maps the actual competitors and the neighborhood demand.
- What does it cost to open these?
- Garage / Epoxy / Concrete $10k–$30k; Vape / Smoke Shop $25k–$75k; Medical Supply / DME Store $60k–$250k; Beauty Supply Store $60k–$250k; Flooring Install $10k–$30k. Ranges are Neur planning ranges per business type; the report localizes rent and wages.