Montreal is in the southwest of the province of Quebec. The city covers most of the Island of Montreal at the confluence of the Saint Lawrence and Ottawa Rivers. Montreal is the second-most populous city in Canada and the most populous city in the Canadian province of Quebec.

In 2016, the city had a population of 1,704,694, with a population of 1,942,247 in the urban agglomeration, including all of the other municipalities on the Island of Montreal. The broader metropolitan area had a population of 4,098,247. French is the city’s official language and was spoken by 49.8 percent of the population in 2016, while English was spoken by 22.8 percent, and 18.3 percent spoke other languages.

There are loads of business opportunities in Montreal and statistics shows that Montreal has the second-largest economy of Canadian cities based on GDP and the largest in Quebec. In 2014, Metropolitan Montreal was responsible for CA$118.7 billion of Quebec’s CA$340.7 billion GDP.

The city is today an important center for commerce, finance, industry, technology, culture, world affairs and it is the headquarters of the Montreal Exchange. In recent decades, the city was widely seen as weaker than Toronto and other major Canadian cities, but it has recently experienced a revival. If you are looking towards starting a business in Montreal and you have not made up your mind on the choice of business to start, here are 50 best business opportunities that you can choose from.

What Business Opportunities Exist in Montreal?

  1. Table of Content

    Truck Owner Operator Business

Truck owner operator business is one of the most thriving business opportunities in Montreal and the reason is not far fetched. The Port of Montreal is one of the largest inland ports in the world handling 26 million tons of cargo annually.

As one of the most important ports in Canada, it remains a transshipment point for grain, sugar, petroleum products, machinery, and consumer goods. For this reason, Montreal is the railway hub of Canada and has always been an extremely important rail city.

It is important to state that the trucking industry is responsible for the majority of freight movement over land, and they are a major stakeholder in the manufacturing, transportation, and warehousing industries in Canada and other parts of the world.

  1. Artificial Intelligence Startup Business

The artificial intelligence business is generally a business for entrepreneurs who enjoy working with technology and currently are at the cutting-edge of it. Artificial intelligence or AI is a rapidly rising market since more businesses and companies are integrating it to their processes of manufacture and customer service.

You can leverage on economies of scale because Montreal is a global hub for artificial intelligence research with many companies involved in this sector, such as Facebook AI Research (FAIR), Microsoft Research, Google Brain, DeepMind, Samsung Research and Thales Group (cortAIx). The city is also home to Mila (research institute), an artificial intelligence research institute with over 500 researchers specializing in the field of deep learning, the largest of its kind in the world.

  1. Start Hotdog and Sausage Cart Business

Hot dog and sausage cart business is one of the businesses that an entrepreneur can successfully start in the corner of a busy street or on a mobile shop without breaking the bank for cash. At the same time, big – time investors can also leverage on the high demand for hot dog and sausage to set up their own carts in strategic locations all around key cities in Montreal.

  1. Open a Bar & Grill Business

Opening a bar and grill restaurant might not be entirely easy, but one thing is certain, it is a straight – forward business that can generate huge and steady profits if well positioned and properly managed. People often think that starting a bar and grill restaurant does not require any professional skills since it is a small scale business; in as much as it is true, you still need to learn how to prepare tasty barbeques cum grills, good business skills and of course customer services skills if indeed you want to build a profitable business.

  1. Open a Beauty Supply Store

Another business that can be started in Montreal is a beauty supply store. It is important to point out that a beauty supply store can’t go out of fashionbecause of the role it plays in the society. Depending on the scale you want to start, the startup capital for this type of business can be considered to be moderate. As a matter of fact, you can start your own beauty supply store and then grow it big within a short period of time by re – investing your profits back to the business.

  1. Open a Body Piercing Studio

If you are looking towards launching a business in Montreal as an aspiring entrepreneur, one of your best bets is to launch a body piercing studio business. The right time to start such business is now because the body piercing and tattoo studios industry is presently at its growing stage.

Please be informed that a body piercing business needs significant investment capital, solid planning, and attention to detail in order to keep the business profitable. If you are diligent enough and if you have good business/marketing strategies, you can build the business from just one outlet to numerous outlets across different cities in Montreal from the sale of franchise.

  1. Start a Car Leather Repair Business

A car leather repair shop is another money-spinning business that an aspiring entrepreneur who is looking towards starting a small – scale business in Montreal should consider starting. Most cars usually come with leather interiors and when this leather interiors are exposed to sun or heat, there are tendencies for the leather to rip off, hence the need for the services of car leather repair shop.

One good thing about this type of business is that you can learn the technical skills from someone who is already in the business or from a technical school. All you need to do is to rent a shop in a good location and then advertise your business. If you are lucky to be one of few car leather repair technicians in your community, you will sure make good money from the business.

  1. Christmas Tree Installation Business

One of the small-scale businesses that you can start in Montreal is a Christmas tree installation business. Christmas tree installation companies are engaged in the installation, farming and maintenance of Christmas trees and other related decoration services.

Although the market for Christmas tree installation business is considered seasonal, but it is indeed a business that can fetch you additional income. This kind of business is suitable for those who are looking towards building multiple strings of income and also for those who are into decoration.

  1. Open a Cigar Lounge

A cigar lounge or cigar bar is a place where smokers go to buy their preferred cigar brand and smoke freely without the fear of being embarrassed, arrested or fined. You will agree that it is now illegal to smoke in public places. The World Health Organization (WHO), in conjunction with Governments of various Countries are clamping down on smoking in public places in a bid to protect non- smokers from the harmful effect of smoking.

  1. Open a Coffee Café

Coffee café business is one of the small – scale businesses that an entrepreneur can successfully start in the corner of a busy street or on a mobile shop without breaking the bank for cash. Coffee café or shops can be located in any part of town as long as there are people living or working there.

Generally, coffee café or shops are located in airports, sea ports, shopping malls, hotel lobby, railway stations, bus station, campuses, hospital lobby, and sport centers as long as you are given the permission. On the other hand, if you operate a mobile coffee shop, then there won’t be any restriction to the places you can sell your coffee just like the conventional food truck business.

  1. Open a Video Game Lounge

Another thriving business that you can start in Montreal is a video game lounge. The video game industry has been booming in Montreal since 1997, coinciding with the opening of Ubisoft Montreal. Recently, the city has attracted world leading game developers and publishers such as EA, Eidos Interactive, BioWare, Artificial Mind and Movement, Strategy First, THQ, Gameloft mainly because of the quality of local specialized labor, and tax credits offered to the corporations.

Remember, people visit gaming centers not just to play games, but also to rent latest games that they can’t afford. You could also walk up to a gaming center to exchange your old game box for another one at a very minimal fee.

  1. Start Dog Training Business

Another thriving business that you can start in Montreal is dog training business. Becoming a dog trainer isn’t so much of a huge task, as it does not require that you get a certification. All that is required of you is the love for animals, as well as having the skills to train dogs in various skill sets.

It is very enjoyable to start a dog training business, because it establishes a relationship between you and the dog and in the long run you smile to the bank. So, it wouldn’t be an exaggeration to say that the dog training business is a clear case of getting paid for what you love doing.

  1. Start Aerial Drone Photography Business

An aerial drone photography business is yet another thriving business that can be started in Montreal. There are a lot you need to know about drone technology before going into aerial drone photography. Your research will provide you with information of where to attend training, how to source for aerial drone photography contract, the required tools and license for aerial drone photography business, aerial drone photography billing administration et al.

  1. Start a Dryer Vent Cleaning Business

As an aspiring entrepreneur who intends starting a business in Montreal, you can comfortably start a dryer vent cleaning business without much stress. The truth is that you don’t necessarily need to own a fully functional dry – cleaning business before you can make money from your dryer vent cleaning business.

You can start a dryer vent cleaning business and service dry cleaners, homes and offices where dryers are used. Most people find it difficult to clean the vents of their dryers and require the services of professionals to help do it.

  1. Open a Feed Store

Have you ever wondered where livestock farmers purchase the food that their livestock eat? You need not wonder anymore; they purchase all their livestock feeds from a livestock feed store. A livestock feed store is a store that retails diverse animal feeds ranging from pet and livestock feed, to lawn and garden supplies and farm and ranch supplies.

This a business that is open to an aspiring entrepreneur especially those that live around farm communities. All you need to get started is a well – positioned store, steady supply of animal and bird feed and of course, the in and out of retailing.

  1. Open a Frozen Food Store

A frozen food store is a retail outlet where different frozen foods are sold and the business can be started in any location in Montreal. Starting a frozen food store is very easy and it is not so capital intensive. Getting the right products that people want to buy and good stock keeping records are the secrets of running a frozen food store. A frozen food store can be run offline in the conventional retail store or online on an online e-commerce retail site.

  1. Open a Gourmet Popcorn Shop

Gourmet popcorn shops can be located in any part of town as long as there are people who love gourmet popcorn plying around the location. Generally, gourmet popcorn shops are located in schools, parks, shopping malls, hotel lobby, railway stations, bus station, campuses, and sport centers and in public facilities as long as you are given the permission.

On the other hand, if you operate a mobile gourmet popcorn shop, then there won’t be any restriction to the places you can sell your gourmet popcorn just like the conventional food truck business.

  1. Start a Graffiti Removal Business

A graffiti removal business is another business that can be started in Montreal. If you choose to start this business, it is very important that you analyze the existing graffiti removal companies in and outside of your area. Also, you would be required to check the existing competition, as well as know their strength and weaknesses.

Knowing the weaknesses of the existing graffiti removal companies around you, means that you would be able to learn from their mistakes and in turn come up with a better and more preferred graffiti removal service devoid of the mistakes and weaknesses of others.

  1. Start a Grocery Delivery Business

Another business that can be started in Montreal is a grocery delivery business. A grocery home delivery business involves helping your clients shop groceries and get it delivered to them in their homes or offices or any location they want it delivered. The bottom line is that you should know how to source for groceries and how to get them delivered to your customers.

  1. Open a Juice and Smoothie Bar

Opening a juice and smoothie bar is yet another business that can be started in Montreal. Juice and smoothie bars basically make and retail smoothies and fresh-made juices. Juice drink is one commodity that is consumed in all parts of the world and those that are in the business of producing juice drinks, are known to generate sales year in year out if the business is well-managed. As a matter of fact, economic downturn hardly affects the consumption of juice drink because it is a commodity that is affordable.

  1. Start an Educational Consultancy Agency

Canada happens to be one of the top destinations when it comes to international students who are looking for study abroad. There are many students aspiring to go to colleges / universities in Montreal or other provinces in Canada who are trapped because they don’t know how to go about it, that is why it is important to set up your own education consulting firm.

Being an educational consultant means that you will help your clients handle all their educational concerns, help them gain admission to colleges or universities of their choice. You can also help your clients (international students) obtain work permits in Montreal.

  1. Start a Party Planning Business

Party planning just like event planning is all about helping corporate organizations, government, groups and individuals plan and execute their parties whether formal or informal from start to finish. A party planner ensures that they work with the stipulated budget of the organization or individual they are to work for and ensure that they deliver a successful party as agreed.

In some cases, it is the responsibility of the party planner to draw – up a budget for the host of the party once they get a brief of the nature of the party; it could wedding party, birthday party, end of year party or baby shower.

  1. Start a Party Rental Business

A party rental business is not as capital intensive as starting a banquet hall rental business. This is because all that is required of you is to purchase tables, chairs, flatware, linens, centerpieces, stages, tents, canopies and other items for public and private parties and events.

You will also need a warehouse facility or a well secured space to keep the items and also a truck to take them to and fro event venues. You can decide to rent out the truck or include it as a premium service to those who rent party items from you.

  1. Start a Pest Control Business

If you are thinking of starting a business in Montreal that can guarantee you steady income, then one of your options is to consider starting pest control business. Pest control businesses are involved in removal or eradicating of potentially harmful insects, rodent and reptiles from, farms, commercial and residential properties.

It is important to state that before you can start a pest control business in Montreal, you must apply for a pest control license and pass an exam to demonstrate your ability to properly handle chemicals.

  1. Start a Pet Cremation Business

Pet cremation business is rapidly gaining prominence in recent time, especially in developed countries and Montreal is not left out. Some people who own pets would rather prefer that their dead pets be cremated as against burying them. Cremation of pet is convenient and generally accepted by pet owners if they are given the option.

The good thing about pet cremation is that, it can either be done on the conventional crematories, or the crematories dedicated only for pets – the bottom line is that people who want a dignified way of preserving their dead pets will be willing to pay for such services.

  1. Start a Post-Construction Cleaning Business

Another business that can be started in Montreal is post-construction cleaning business. Post construction cleaning as the name implies is a form of cleaning that is carried out on a newly constructed building or structure.

It is expected that after construction, before the facility will be put to use, a thorough post construction cleaning will be carried out in order to clear the debris, clean the floor, railings, toilets, windows, roof and the entire compound. As a matter of fact, no construction work will be commissioned if post construction cleaning is not carried out.

  1. Start HCG (Human Chorionic Gonadotropin) Business

One of the thriving businesses you can easily start from your home in Montreal with less stress is HCG (Human Chorionic Gonadotropin) business. The HCG business is indeed a profitable business to start because people who want to lose weight will definitely look for ways to do it and HCG happens to be one of the healthy ways of losing weight.

One good thing about HCG products is that it can help an individual lose weight without any negative effect (hunger or weakness inclusive) on the person. HCG products are also approved for the treatment of fertility issues and they can be purchase over the counter based on prescription.

  1. Start House Flipping Business

Another business that you can start in Montreal is house flipping. House flipping is all about purchasing a property that is put up of sale, renovating the property and then reselling the property with the sole aim of making profits.

Usually, house flippers sell the home at a price that will cover both all the expenses incurred and provide enough profit to compensate for the time invested in the deal. The profit could be big and it could be small; it all depends on the how good you are able to makeover the property and also the location of the property.

  1. Start Scrap Metal Recycling Business

Scrap metal business is a business that is highly profitable because there is hardly any country or city that you won’t find used and abandoned metal scarps. What you need to put in place in other to successfully launch a metal scrap recycling business are the machines and equipment needed and how to operate them, a good knowledge of where to collect used and condemned metal and where to sell the raw materials generated from the recycling process, the legislations guiding the industry as well as strong entrepreneurial skills and determination.

  1. Open a Sex Toy Shop

If you are looking for a business to start as an entrepreneur in Montreal and you have an interest in the adult industry, then you should consider starting your own sex toys store business. Although you don’t need a college degree to establish a sex toys store, but you would need some form of informal training, you might have to work as an apprentice with someone who owns a sex toy shop or adult store. It makes it easier for you to learn the ropes.

  1. Financial Coaching Firm

If you are already in the financial industry or you have a degree or background in finance, then you can build a career as a certified financial advisor or coach by establishing a financial coaching firm in Montreal. This is indeed a thriving line of business and the reason is that Montreal plays an important role in the finance industry. The sector employs approximately 100,000 people in the Greater Montreal Area.

As of March 2018, Montreal is ranked in the 12th position in the Global Financial Centers Index, a ranking of the competitiveness of financial centers around the world. The city is home to the Montreal Exchange, the oldest stock exchange in Canada and the only financial derivatives exchange in the country.

  1. Media Consulting Firm

If you have a robust knowledge on how media works and you intend starting your business, then you should consider starting a media consulting firm. There are many corporate organizations, entrepreneurs and even startups that will be more than willing to patronize your services.

You can be rest assured that you won’t get it wrong when you start your media consulting firm in Montreal because Montreal is Canada’s second-largest media market, and the center of francophone Canada’s media industry.

  1. Open a Wine Bar

Another business that can be started in Montreal is a wine bar business. A wine bar is a bar or small restaurant where wine is the main drink available; a characteristic feature of many wine bars is a wide selection of wines available by the glass.

Just ensure that you make available assorted red wines, white wines, food service and nonalcoholic beverages, beer and liquor (Serving wine for immediate consumption, offering wine tasting for patrons, and preparing and serving food for immediate consumption).

  1. 3D Printing & Prototyping Services Business

Another business opportunity that is thriving in Montreal is 3D printing and prototyping business. 3D printing and prototyping is the automatic construction of physical objects using additive manufacturing technology. The process includes melting or softening material to produce layers, laying liquid material thermosets that are cured and cutting thin layers to shapes that are then joined together.

Just ensure that you cover all aspects of 3D printing and rapid prototyping such as 3D printing support services, selective laser sintering (SLS), fused deposition modeling (FDM), stereo lithography (SLA) and other related 3D printing and rapid prototyping services and you won’t have to struggle.

  1. Biodegradable Plastic Bag Manufacturing Business

Recently, the retailing industry has fully embraced the use of biodegradable plastic bags due to the fact that the world is going the way of climate change. This goes to show that there is indeed a very large market for biodegradable plastic bags in our world; hence loads of investors are pitching their tent in the biodegradable plastic bag manufacturing industry.

Biodegradable plastic bags manufacturers are part of the bioplastics manufacturing industry and players in this industry manufacture bioplastics, which are organic plastics derived from renewable biomass sources.

Designed to biodegrade, bioplastics are made from sources such as vegetable oil, cornstarch, pea starch or microbiota. So, if you are looking for one of the best business opportunities in Montreal, then you should consider biodegradable plastic bag manufacturing.

  1. Open a Bicycle Dealership and Repair Shop

Another business that can be started in Montreal is a bicycle dealership and repair shop. The basic things you need to have in place to succeed in this business is technical training on how to fix bicycles, bicycle repair tool box, a good location, easy access to wholesale supply of bicycles and bicycle spare parts and good customer service skill.

If your shop is located in an area with good human and vehicular traffic, and you have different types and sizes of bicycles from different brands, you may not have to struggle to get people to visit your shop and make purchase and repairs.

  1. Biotech Company

Another highly lucrative business opportunity suitable for Montreal is biotech business. Companies that operate in the Biotechnology industry make use of living organisms or molecular and cellular techniques to provide chemicals, food and services that meet human needs.

It is important to state that the Biotechnology industry does not include companies that are involved in developing small-molecule pharmaceuticals, performing contract research or manufacturing biological equipment. Just ensure that you offer services such as DNA coding, mapping and sequencing, processing biotechnologies, subcellular organisms engineering, cell and tissue culture engineering, protein sequencing, synthesis and engineering et al and you won’t have to struggle.

  1. An Animation Studio

If you are looking for a business opportunity in Montreal that is thriving, then one of the options you have is an animation studio. An animation studio is a company that is involved in the production of animated media. These companies conceive of products to produce, own the physical equipment for production, employ operators for that equipment, and hold a major stake in the sales or rentals of their animation works.

Please note that animation studio business falls under the Video Postproduction Services industry and the industry includes companies that prepare motion pictures for public distribution by performing editing, subtitling, closed captioning, animation and other special effects services.

  1. Open a Car Accessories Store

If you are looking for a business to start in Montreal as an entrepreneur and you know you have interest in the automobile industry, then you should consider starting your own car accessories store business. Although you don’t need a college degree to establish a car accessories and auto spare parts store, but you need some form of informal training, you might have to work as an apprentice with someone who owns a car accessories and auto spare parts store. It makes it easier for you to learn the ropes.

  1. Open a Car Wash

If you drive through the streets in metropolitan cities in Montreal, you will notice several car wash located in strategic locations. These goes to show that car wash business is a thriving and profitable business in Montreal. One good thing about the car wash business is that it can be started by anybody as long as they have eyes for details and some business skills. If you have experience in this regard, it will be easier for you to start and effectively run a car wash business in any city in Montreal.

  1. An Acupuncture Clinic

Acupuncture clinic is yet another good business opportunity that can thrive in Montreal. Generally, acupuncture which is a complimentary medical practice is a treatment technique that involves stimulating certain points on the body, most often with a needle penetrating the skin, to alleviate pain or to help treat various health conditions. Just ensure that you offer core acupuncture treatments such as cancer treatment, infertility treatment, fibromyalgia treatment, and asthma treatment et al.

  1. Open a Cocktail Bar

If you have eyes for good cocktail drinks, as well as have a penchant for business, then you may want to tinker with opening your own cocktail bar. The market for cocktail bars has continued to soar as long as we still have people who appreciate cocktail drinks.

It is important to point out that the cocktail bar business can’t go out of fashion because people would always appreciate good cocktail drinks. Depending on the scale you want to start, the startup capital for this type of business can be considered to range from small to moderate.

  1. Start Custom Cake Making Business

If you are a baker or even a caterer, it is easier for you to venture into custom cake making. This is because the same ingredients and processes that are used in making conventional large cakes are the same ingredients and processes that are used in making funnel cakes except for the size difference.

The basic ingredient that are used in custom cake making are flour, butter, sugar, eggs, frosting and cake decorations. One thing about custom cake making business is that your creativity can stand you out of your competitors. No doubt, people that are into custom cake making are very creative, which is why you can come across funnel cakes in different shapes, designs and flavor.

  1. Start a Fruit and Vegetable Retail Store 

If you are considering starting a fruit and vegetable retail store, the good news is that you can’t get it wrong. This is because various types of vegetables and fruits are consumed by almost everybody in Montreal. It is important to state that starting a vegetable and fruit retail store business comes with its own fair share of challenges, but that does not rule out the fact that it is indeed a profitable business venture, especially if you locate the business in good location and you know how to source for fresh fruits and vegetables.

  1. Open a Gift Shop

Another business that can be started in Montreal is a gift shop. Gift shops retail a range of gifts, gift wrap, novelty merchandise, souvenirs, greeting cards, party supplies and seasonal and holiday decorations. One good thing about this type of business is that you don’t need to enroll in a conventional school to learn how to start and run this type of business; it is a business that requires basic business skills such as customer service, accounting skills, bargaining skills, networking skills and of course overall business management skills.

  1. Concierge Medical Practice Business

If you are looking for a fast – growing business opportunity in Montreal that will no doubt attract clients, investors and partners, then you need to look towards starting concierge medical practice business. Concierge medical practice is a practice of the business of medicine that gives room to a unique relationship between a patient and a doctor (primary care physician) in which the patient pays an annual fee or what is known as retainership, hence concierge medical practice can also be called retainer medicine. This retainer fees may or may not be in addition to other charges depending on the doctor.

  1. Open a Language School

A language school is yet another business that can be started in Montreal. Language schools offer language instruction ranging from conversational skills for personal enrichment to intensive training courses for career or educational opportunities.

There are migrants and students who intend working or studying in Montreal who would need to first enroll in a language school before they can be fully integrated into the society hence the viability and profitability of language schools in Montreal.

  1. Start a Laser Engraving Business

Another business that can be started in Montreal is a laser engraving business. laser engraving permanently marks an item, providing a check and balance against counterfeit products or replicas. In ID cards, multilayer formats are used to alter the color of the lower layer’s pigments without affecting the top transparent layer.

It is worthy to mention that you must consider some factors when getting a location for your business. Since the laser engraving business is somewhat hazardous because of the chemicals involved, the facility being used must meet certain standards. It must be located in an industrial area and not a residential part of the town. This is done to protect people from inhaling the very harmful chemicals.

  1. Electric Charging Station Business

The fact that the world is fast evolving means that business ideas such as electric charging stations is a good opportunity to invest in. According to Wikipedia, an electric vehicle charging station, also called EV charging station, electric recharging point, charging point, charge point and EVSE (electric vehicle supply equipment), is an element in an infrastructure that supplies electric energy for the recharging of electric vehicles. No doubt, this type of business will attract customers, investors and partners.

  1. An E-Waste Recycling Business

Lastly, another thriving business opportunity that you can start in Montreal is e-waste recycling. E-waste which is also known as electronic waste is basically electronic products that are faulty, condemned or have become obsolete and can no longer be used.

E – Waste includes used computers, televisions, radios, tablets, mobile phones, and other used electronic products. Such materials are better reused when they are recycled as against allowing them to be buried under the earth.

Please note that if there is any industry or line of business that is gaining support from key stake holders in our world today, it is the recycling industry. This is because the recycling business is eco-friendly and can earn you a living.

Ajaero Tony Martins