Do you want to start a business or invest in Las Vegas but lack ideas? If YES, here are 50 best small business ideas & investment opportunities in Las Vegas.
Las Vegas, called officially the City of Las Vegas and often known simply as Vegas, is the 28th-most populated city in the United States. It is also the most populated city in the state of Nevada. The total population of the city is around 632,912, according to the most recent census of the US.
In fact, it is a very upbeat and lively city that people mostly see it as a holiday destination and gambling hub. The population of Las Vegas is increasing with time and so are the business opportunities. Whether you are living in Vegas but looking to quit your 9 to 5 job to be your own boss or planning to move and have a fresh new start by running your own company, here are some of the best ideas to start a profitable business in Las Vegas.
50 Best Business ideas and Investment Opportunities in Las Vegas
- Open a Container Restaurant
One business that is guaranteed to thrive in Las Vegas in 2020 is a container restaurant. Old or out of use shipping containers are finding their place in the daily lives of people, especially through their culinary desires. Each and every year the list of shipping containers that have been customised to create restaurants, whether pop up or permanent, grows and grows.
You can start a food business in a container and you can offer some of the well-known cuisines of Las Vegas including Quinoa Fritters, Lemon Spaghetti with Shrimp Giada, Langoustines, Roasted Beef Wellington, etc. Not only the local people of the city would be attracted to these cuisines, but the visitors coming from different regions and countries would also love to try these dishes.
- Offer Cannabis Licensing Consultancy
It is no longer news that Las Vegas has joined the list of states that have legalized the medical use of cannabis. The markets of legal cannabis as well as medicinal cannabis are increasing continuously and rapidly in the US. It is now the right time for starting the consultancy business of cannabis licensing in Las Vegas.
After familiarizing with the various regulations of the state, one can plan to start this type of business by helping the dispensaries. The many people thronging the state would appreciate the fact that they can get something like this in case they run out of supplies.
- Become a Sustainability Consultant
Sustainability consultants are hired advisors and experts to help companies and businesses become more socially and environmentally responsible in how they conduct business operations. They can go by the names of sustainable consultant, green consultant, eco consultant, or environmental management consultants.
Green practices are used everywhere in the US these days and they are growing with a continuous pace especially in a city like Las Vegas that has a lot of inhabitants from different backgrounds. Therefore, it is one of the great small business ideas to start in Las Vegas.
- Open a Pet Hotel
According to ownership statistics gathered from the American Pet Products Association’s 2009/2010 survey, 62% of U.S. households own a pet, equating to 71.4 million homes. The people of Las Vegas love to keep pets. Pets are important to most of the citizens of the city.
That is the reason why there are a number of pet friendly hotels in Las Vegas. People never mind to spend huge amounts of money for their pets’ care. So, if you have the ability to start such a business, it can be a great opportunity in Las Vegas this 2020. Again, with people being increasingly busy in certain seasons, you are guaranteed not to lack customers.
The thing is, the people of Las Vegas love to throw parties on various occasions; that is the reason which makes this business quite profitable. This is a great idea for earning something extra. Initially, you can start it as a part time business but later on it can be a lucrative business for you, and you can equally make it a full-time job. If you are able to market this business, and it is well situated, you are guaranteed to always stay booked.
The Janitorial business is one of the most unique business opportunities in Las Vegas. This business can be started with a minimal investment. There are no specific startup expenses for this kind of business except for floor buffers, carpet cleaners and things like that. You just have to learn the strategies for cleaning quickly and in an efficient way so as to cover more buildings. You can also hire some experts to let them provide the services to your clients.
3D Printing is another industry that has really taken off as of late, and it’s projected to go even further as the years roll by, even in Las Vegas. 3D printing allows people to create virtually anything from the comfort of their own homes. In the future, we might actually be able to download products instead of ordering them online. Plans for 3D printed objects right now exist on the internet, and people are able to create them with a push of a button.
Some of the more advanced 3D printers are very expensive, and the 3D printers of the future won’t come cheap either. That’s why it’s a great business plan to start a 3D printing shop, where people can come and pay a fee to use your printers. Start off with one or two 3D printers, and then gradually add more advanced ones as they become more and more popular.
8. Vape Shop
The fight against smoking still wages, and vaping has stepped up to bolster this business. Smoking rates have significantly declined while the number of vapers has jumped from 8 million to 41 million in the short span of 7 years. The statistics shows that this is indeed a good business to start in Las Vegas.
Vaping has also transcended into a lifestyle, with people performing smoke tricks and promoting different products and accessories. The appeal of vaping spans retail, social media, and other communication channels. Though public scrutiny is raining down hard on the vape industry, in reality the long-term effects of vaping are still largely unknown.
- Organize VR Live Events
Imagine being able to purchase a ticket and experience the event as if you were actually there, all from your home. Not only would VR help people access live events from all over the world, it would also generate untold revenue for those hosting the events.
Why limit tickets to a set number based on space when you could potentially sell millions of tickets to both virtual and in-person spectators. Though the adoption of VR for the modern world is expected to take effect slowly, the unbelievable CAGR of 33.47% for the industry speaks volumes about the profit potentials for businesses within this space. You would sure make no mistake if you start this business in Las Vegas this 2020.
- Set up a Virtual Event Planning Platform
Cool software, high-tech tools, and some fancy cameras can actually help you start a full-fledged event planning business from your kitchen table in Las Vegas.
Now, you can take simple 360 photos of the event space you’re working with and create a beautiful visual representation of what you’ve got planned for your client. The event planning space is making its move into the online tech sphere, and it is getting the right attention. You can plan events for people and charge a fee for your troubles.
- Open a Robot Coffee Kiosk
It’s easy to see the way the world is trending when you’re walking through the mall and you see a robot making coffee. Several companies have developed prototypes of robot baristas to replace the need for a human employee. These robot baristas can grind, brew, and serve coffee to people. They’re stationed at kiosks and cafes all over the world.
Truth be told, if you don’t have tons of capital to throw into creating an awesome robot barista, you may still be able to develop a functional model to perform coffee preparation at its most basic level. If you are able to get a robot to serve you r coffees, you’ll surely attract more people to your kiosk in Las Vegas. People love novelty ideas.
- Virtual Doctor Company
Las Vegas is such a fast-paced city that people don’t really have much time to start waiting at doctors’ offices. You can set up a virtual doctor company that would help people see doctors at reduced rates and without the hassle of having to leave home. Since there is an increasing amount of baby boomers with mobility issues, staying home works well for them too. If you have computer programming skills, this could be a great business idea to start in Las Vegas.
- Become a Smart Shopping Cart Developer
This is another business idea designed around eliminating the cashiers at the till, and one that works well in Las Vegas where people are most impatient. As the self-checkouts become more popular, and the demand for quick service grows, so will these business ideas.
Also, many people hate waiting at the Grocery Store and the checkout lines are the bottleneck in the operation. By removing the checkouts with smart carts that know everything in them, one could simply just pay for their groceries through an app. A strong technology and coding background would complement this idea nicely, and the idea would do just fine in this city.
If you love food and traveling, then a food truck business might be right for you to start in Las Vegas, the city that never sleeps. Food trucks come in all shapes and sizes, serving up a wide range of snacks and cuisines to hungry event or festivalgoers. Take your favorite style of food on the road and travel to events you’d already like to attend. Sure, you might be working, but you’ll be in a space you’re passionate about with a chance to connect with people who have similar interests.
Food trucks might sound like a wild idea, but the industry is growing. Better yet, the overhead and upkeep for a truck is significantly less than owning a restaurant, plus you have the added benefit of mobility.
- Open a No Cashier Store Conversion Company
Amazon was the first to open the gates to the stores with no checkouts and cashiers. However, they weren’t the first in the world to do this. China has been doing this for years, so don’t get scared or intimidated by Amazon coming into this space.
Imagine if you could walk into any small business, walk out with the clothes you want, and not have to worry about paying as it could be charged to your bank automatically. This is one business that can thrive in the city of Las Vegas in 2020. Who still wants stress today?
- API Management Firm
APIs are ways that online companies can let others access important data from their platforms and integrate them into their companies. For example, Google has different APIs that you can access to pull data from, and put into other programs for business use.
The use of APIs are on the rise, and they will only become more popular as the use of data increases. The API management business idea would help other mid-sized companies setup and manage their API so customers or partners can access important information from that company. If you have strong knowledge of IT, then this idea is a great fit.
- Hyper-Local Small Business Marketing Company
Hyper-local marketing is a rising trend that is only going to become more apparent. As more businesses pop-up as the years passes by, more and more markets become saturated. At this point, many businesses face the challenge of competing for market share.
Hyper-local marketing can fill that need by creating very specific messaging and communications to local areas such as towns and cities, one by one. This will be one of many successful business ideas to start in Las Vegas.
- Livestock and Dairy Products’ Business
Las Vegas is a suitable place for starting up and running a business in which livestock and dairy products are involved. If you plan to start such a type of small business in Las Vegas, you must continue it very seriously because it is a sensitive business.
The reason is that you have to take great care of all the livestock and poultry animals. If not, you stand a chance of losing your license. A city with a very healthy population like Las Vegas would definitely need more milk and dairy products.
There are lots of beautiful and colorful flowers that can be grown in Las Vegas. So you can start a business of selling flowers. Good enough, Las Vegas is a city where people easily fall in a love and flowers are one of the most popular ways to express love. You can get a shop or set up a stall somewhere in the city where more people pass by. You can also start your delivery service of flower bouquets.
- Property Maintenance Services
Cleaning after one’s mess isn’t easy and you probably thought of words such as laborious, meandering, and tiresome but not fun. In the same way, gardening is part of property maintenance services that are equally hard and exhausting but, if you are thinking of creative ways to make a living while enjoying your profits with low overhead expenses, doing a job that nobody wants to do may be a good opportunity you might want to consider.
The state of Las Vegas is filled with people who love to party on different occasions. Given this fact, running a property maintenance business can be a lucrative way to earn money which you can do on the side while keeping your full-time job.
- DNA Analysis
Human beings are kind of obsessed over the double helix structure that contains our entire genetic blueprint. And Las Vegas being a city of mysteries, there are more people there seeking for answers.
With the explosion of services like Ancestry.com and 23andMe, over 26 million consumers have jumped at the chance to have their genetic structure analyzed. People want their DNA tested for so many reasons and you can capitalize on them all when you set up a DNA analysis business in Las Vegas this 2020.
- Vertical Farming
As the population increases, farms need to become more and more efficient, especially in this 2020 age. Any farmer worth the ground they walk on will tell you that when it comes to farming, it’s all about maximizing the amount of food you can grow in a small area. And vertical farming could be the best way to get around that problem, especially in this city that values a lot of bling.
This technology is exactly what it sounds like. Instead of growing crops flat on fields, farmers grow upwards, stacking plants on top of each other to get the most out of their space.
There are plenty of modern cities today which are investing heavily in vertical farming. Because this method saves so much space, cities can grow their food directly in their backyard, instead of relying on nearby farms. Starting a business that specializes in this farming technology could be a very smart move.
- Build a Virtual Medical Appointment System
An article published by the Pittsburg Post Gazette in early 2019 claims that the healthcare system as a whole has lost over $150 billion in a single calendar year due to appointment no-shows. Imagine how much impact this has on independent hospitals and clinics.
Developing a reliable, interactive, and affordable online medical appointment system can help these small businesses fine-tune their patient notification and follow-up processes. Thus, it’s an innovation that’s very high in demand as the new decade progresses.
- Marriage Counseling & Therapy
It’s no secret to how quickly the united states divorce rate is going up fast, and more so in a city like Las Vegas where people fall in love and get married so fast. And while that’s definitely not a good sign for society as a whole, it represents a unique business opportunity.
That’s right, you could be launching your very own Marriage Counseling and Therapy business today, and you’ll probably discover that more and more customers appear as time goes on. The demand for marriage counseling professionals is expected to rise by 41 percent in 2020. Envision just what it’s going to be like in 2030!
In order to start this business, you’ll need to hire mental health professionals, set up a practice, and establish yourself in the industry. Start up your counseling business now, and you could be in an incredibly lucrative position in just a few years.
The home shelter business is one of the small business ideas in Las Vegas that you can start up easily in 2020. You need to contact the people who already run such a type of business if you want to learn its basics and make it successful.
Given the influx of people adding to its growing population, it is no surprise that Las Vegas would be listed among the 10 cities with the most homeless people. Running a home shelter is one of the easiest small businesses to set up in the state of Nevada and it is a good way to help your community while you earn money.
Given the fact that the city of Las Vegas has an increasing population coming from different cultural backgrounds and ethnicity, people are in constant need for food and a growing appetite for tasting a variety of food choices from around the world.
It is no longer a wonder why the food industry will never go out of business in this city, and here some small business ideas in Las Vegas that you can try: Shipping Container Restaurants, Food Truck Business, Food Catering Services.
- Real Estate Brokering
Considering the vast area of land that the state of Nevada covers, businesses related to real estate remains high even in 2020. Should you consider taking a piece of the pie and make a lot of money out of the potential it offers, setting up a real estate company just might be the thing for you to finally quit your 9 to 5 job.
- Marketing Services
Most businesses attribute their success to the marketing team and the strategies that were set in place to establish awareness and boost their brand. As a matter of fact, running a marketing agency is a lucrative business but it also goes to say that it is highly competitive. The good news is that you can earn a lot in running your own marketing agency while keeping overhead expenses low since tasks can be done remotely.
- Sell Electric Cars
Whether you believe in the hype or not, the reality is that electric cars will become the default vehicle of the future, especially in Las Vegas. Made for longevity and environmental sustainability, electric cars help decrease the use of fossil fuels and toxic fuel emissions. They’re also super technologically advanced in order to do so. To prepare for the new wave of electric vehicle ownership, small business owners can capitalize by setting up charging stations, opening an electric vehicle garage, and even renting out electric vehicles.
- Skincare Spa & Clinic
Spas are well known for providing comfort and a taste of luxury, and a visit to Las Vegas is never complete without a visit to the spa. They’re the ultimate retreat for everyday Americans and are even becoming more common places to frequent for younger groups.
ABC reports that the spa industry grew 21% per year in just the last 5 years. Considering that skincare boasts $183 billion in revenue, joining these two powerhouses together has unlimited potential. This is a great business to open in this flashy city in 2020.
- 3D Home Building
When it comes to the city of Las Vegas, the more futuristc something is, the more it is embraced. Constructing entire homes using just a 3D printer just screams ‘futuristic’ and you can get your hands dirty by getting directly involved in the market.
Perfecting a standard prototype that’s durable in harsh weather conditions and sustainable to live in is key to this industry’s continued growth. Using this technology, a business could completely transform the availability of affordable homes.
Think about why people flock to their favorite fast-food chains. The price, speed, and convenience offer consumers a quick way to eat on the go and on a budget. A recent analysis found that Americans are eating more healthy, consuming 3% less processed foods, which is largely due to education and public awareness. You can see this shift as fast-food chains offer more salads and low-calorie options on the menu.
Yet, most Americans’ salaries aren’t doubling overnight, so the demand for healthy food still outpaces normal wages. You can address this gap by creating a fast-food restaurant centered around healthy food choices that allows for rapid mass production and little preparation time. This business will fly well in Las Vegas this 2020.
- Veterinarian Business
Pet ownership is more popular than ever in 2020, and it shows no sign of slowing down, more especially in Las Vegas, a city the loves its pets. The pet industry is growing extremely quickly and is worth many billions of dollars per year.
While plenty of businesses revolve around pet grooming, food, and toys, there will always be a high demand for skilled vets. People who have a strong connection with their “fur babies” want to ensure that their pets live as long as possible. Vets can charge high fees for even routine surgeries, and pet owners have no choice but to accept. That’s why starting up a Veterinarian practice is one of the best ideas for 2020, and it seems almost guaranteed to succeed.
People are always going to need cars, but the car-buying process as a whole has made a dramatic shift. The thought of visiting a car lot, being friends with a sleazy car salesman, and wasting hours without the guarantee of driving away in something is not palatable.
With the click of their mouse, users are able to view inventory, inquire more about cars they’re interested in, apply for financing, and then their brand new car is then delivered straight to their home. If you think people would hesitate, the numbers are surprisingly astounding with a Washington Post article claims that over 53% of consumers would feel comfortable purchasing a car entirely online.
- Yoga and Meditation Studio
Transmitting the profound positivity and deep power within yourself is a valuable skill that most people can use in their own lives. Yoga and meditation help people relax and realign their focus on their goals. Stress is rampant in American culture even in Lag Vegas, the city of parties, and it’s coming hot from all directions.
This means that your studio space needs to be quiet and set at a comfortable temperature while employing supportive and well-trained staff. Location is everything when it comes to setting up a yoga studio within a town, so make sure you’ve got that squared away before deciding to launch.
- Virtual Interior Design Consulting
Interior design is all about visuals and placement, transforming a space into a sanctuary for clients. With the rise of technology, you can launch an interior design business and run it from home with just your laptop, tablet, camera gear, social media, and software.
You can see the entire interior and exterior of a client’s property or office space through the lens of a camera. Then, you can create mock-ups for your clients, send them over, and consult about next steps. The marketing of your new remote interior design business will largely depend on social media, your website, and reaching out to current connections in your network.
- Open Car Charging Stations
Electric cars are going to be massive in the future. Some say that all cars will be electric in a few decades. Even now, there are plenty of electric cars on the road, from the luxurious Teslas to the humble Nissans and Toyotas.
But even though the technology has arrived, there’s still a surprising lack of charging stations. In the future, the gas station might be replaced by the charging station. A charging station is a place where electric cars can charge their batteries if they’re running low. These days, electric cars can take many hours to fully charge their batteries.
But in the future, charging might be a quick and easy process. In any case, starting a charging station business could be a great move for entrepreneurs with one eye on the future. You might choose to start small with just one charging station, and then expand into an entire nation-wide franchise.
- Digital marketing
The importance of the internet grows with every passing day, making it harder all the time for businesses to cut through the clutter and get their brand noticed. Digital marketing services are always in demand, and many small and midsized companies would rather outsource it than establish a costly in-house team.
If you’ve got digital marketing chops in SEO, content marketing, pay-per-click, web development, or social media management, you could have a business opportunity that allows you the freedom to work from home. Digital marketing is an important job, so it’s critical you respond to developments in your clients’ marketing strategy.
Social media management entails watching for comments and messages around the clock, not just scheduling posts in a “set-it-and-forget-it” mindset. If you enjoy strategizing and implementing plans meticulously, digital marketing could be the right business for you to start in Las Vegas.
- Opioid Addiction Facility
A cost-effective opioid addiction treatment facility would be a high-demand business due to the epidemic that the United States, even Las Vegas is facing. Both legal and illegal opioids are causing a lot of addiction problems. To fight this, one could open up a facility in the most vulnerable states.
The best way to do this without sinking a lot of your own money would be to look for state grants that could provide funding. This is the perfect business idea for someone wanting to do good in the world, and fight the opioid epidemic.
- MRI Scanning Service
Getting an MRI scan can take months in some cases. This is because there is such a backlog of people that need them. The MRI Scanning service business idea would be a company that would provide mobile MRI scans.
By setting up a stabilized truck and trailer, you could drive to high-demand areas, and provide MRI scans to multiple people in the area that need it. This would avoid the cost and hassle of having a brick and mortar facility where people need to come to. This would be a good business to set up in Las Vegas where people want to do things fast.
- Custom Content Creation AI Service
This is an artificial intelligence business idea that is designed as a tool for digital marketers to create custom infographics or blog content. To create a solid business from this, you would need to seek investment so you can build a team to help with this idea.
Imagine a software tool that you could plug in your competitors, your own site, and the kind of content you wanted to create, and this tool would develop and post it for you. Although all content needs a slight human touch, this would be a game changer when it comes to content creation for marketers. This is a good business to set up in this city in 2020.
Based on the product that you are planning to sell, the markets of e-commerce can be saturated quite easily. For increasing the chances of your Online business, you need to focus on the customers. You have to analyze that whether your target audience in Las Vegas would prefer the customizable products, fast delivery and/or superior support or not.
- Admin Business
Every business is created with expansion and profitability in mind. They need to be profitable to grow. With that growth comes a greater need for admin services such as tax preparation services, bookkeeping, and legal services. Businesses are created and they expand because it is profitable but it cannot continue operations without taking care of important matters which includes Bookkeeping, Tax Preparation Services, Legal Services, etc. This is another good business to start in Las Vegas in 2020.
- Become a Golf Instructor
Golf instruction is the art of equipping and training golfers to play better golf through improved awareness of swing cause and effects as a result of the actions of their body, the club, and their effect on the golf ball. To start this business, you will have to let the local public courses know about your coaching business. Cultivate relationships with the staff and encourage them to recommend you as a coach.
Another place to look for customers is in the corporate world. Golfing is a game that business people use to develop relationships outside the office. You do need to be a better than average golfer to develop a reputation as a golf coach. You also need to be a good teacher, know how to be motivational and be willing to work with many different types of people.
Jewelry making is another good business that can thrive in Las Vegas. There are many different ways of getting into the jewelry business and many different types of materials with which you can work. Working in metal will probably require the most in the way of specific tools.
You need to be able to heat the metal to manipulate it, and you need metalworking tools to cut and engrave it. But there are many other materials that you can work with to make jewelry–glass, plastic, beads, feathers, even wood, to name just a few.
- Personal Concierge
A personal concierge is someone who makes arrangements or run errands. This is a good business to set up in Las Vegas because of the nature of people that frequent the city. This business is for someone who is supremely efficient and has the ability to make things happen.
People who hire you will expect things when they want them and you need to be able to come through with not only what they want, but with a personal touch and a smile on your face. The most likely clients for a personal concierge service are top executives who find themselves at the office by 7 a.m. and are there most nights until 9 p.m., leaving them very little time to do all those things that often need to be done during those very hours.
Mechanically inclined entrepreneurs in Las Vegas have the opportunity to make fantastic full- or part-time cash this 2020 by repairing outdoor power equipment and small engines, right from a fully equipped homebased workshop, or from a small commercial storefront. Most community colleges offer some level of engine-repair courses.
Another way to learn would be to take a part-time position at a repair shop or a rental facility where you could learn on the job. You should be prepared to work on push-behind lawn mowers, riding lawn mowers, generators, garden tools such as rototillers and edgers, chainsaws, wood chippers and snowblowers. You need to decide whether you’ll want to take on bigger jobs, such as tractors, snowmobiles and ATVs; space may be your decision-maker.
- Offer Music Lessons
Right here in Las Vegas, your music skills can earn you between $50—$75 an hour. There are a few ways to approach running your own music biz: you can be mobile and teach in your clients’ homes, or you can run it out of your own space (a separate building or designated area of your home.) To get started, try to connect with local music schools for part-time gigs, which will allow you to see if you really like it, and also help you build a reputation with clients.
- Gift Basket Service
Finding a niche is the best way to start out in the gift basket business in Las Vegas. Are you a dog lover, horse lover, or exercise guru who could put together baskets that hold the things that people with this interest would like?
Do you already create a product that a gift basket could be built around? Have you made your own soaps for the past 10 years? A gift basket that included one or two of your soaps, hand lotion, a scrub brush and manicure kit could be a lovely basket to receive.
- Photography Business
Las Vegas is a city of events, with parties going on every other day. This is why a photography business would be one good business to start there this 2020. Making money as a photographer can be done in a number of different ways.
You can specialize in one area, the most common being weddings. There are niches you can explore for photography: portraits of people and their pets, families, and homes; photographs of holiday events, birthday parties or Christmas cards; the possibilities are endless.
Do you have a room that has its own bathroom and is private from the rest of the living space? Are you near attractions such as a tourist area, sports stadium or venue for a large annual event?
Or is your home in the country with spring peepers, summer crickets and crisp fall nights that could give a city-dweller a weekend of peaceful living? Do you know that you can rent the room for $150 a night for Friday and Saturday nights 48 weeks a year–that’s $14,400 in revenue! Utilize what you have and create a unique experience for yourself in Las Vegas this 2020.