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Buy a Business in Redmond, Oregon
Economic Overview
Redmond has experienced steady economic expansion driven by a diverse mix of industries and strategic investments in infrastructure. The citys economy is anchored by tourism and outdoor recreation, leveraging proximity to the Cascade Range and Deschutes River for year round activities and events. Manufacturing and technology sectors have grown rapidly, supported by local workforce development programs, research partnerships, and entrepreneurial initiatives. In recent years, renewable energy projects, advanced manufacturing facilities, and healthcare services have further diversified the economic base. Commercial development along US Route 97 has attracted new retail, logistics, and distribution businesses, while downtown revitalization efforts have spurred growth in hospitality, professional services, and creative industries. Public and private partnerships have driven significant improvements in transportation corridors, broadband connectivity, and utility capacity, setting the stage for future expansion. With a regional metropolitan GDP estimated at 1.2 billion USD and an average annual growth rate of 2.8 percent, Redmond demonstrates resilience and potential for sustained prosperity through continuous innovation and community collaboration. Local government initiatives have prioritized affordable housing development and mixed use zoning to attract young professionals and families, fostering stable consumer demand. Educational institutions like Central Oregon Community College and training centers collaborate with industry leaders to offer specialized programs in information technology, advanced manufacturing, and hospitality management. Emerging clusters in software development and biotechnology signal promising long term opportunities for high value job creation. The citys commitment to sustainable practices, including water conservation measures and green building standards, enhances competitiveness for forward looking enterprises. Overall, Redmonds diversified economic landscape and strategic investments position it as a key growth hub within Central Oregon.
Business Environment
Redmond offers a transparent regulatory environment with streamlined permitting processes and clear guidelines for new enterprises. The city government actively engages with business owners through advisory councils and public forums, fostering collaborative problem solving and reducing bureaucratic delays. Tax incentives, enterprise zone designations, and targeted grants support investment in emerging sectors, particularly in technology and sustainable industries. Compliance requirements are regularly reviewed to balance public safety with operational efficiency, resulting in a moderate regulatory complexity score of 3.7. Labor regulations and workforce standards align with state policies, while local agencies provide support for employer training and retention programs. Redmonds competitive advantage is strengthened by accessible local resources, including economic development offices, small business support centers, and incubator facilities. Overall, the business climate combines regulatory clarity and active support, enabling enterprises to scale rapidly and adapt to evolving market demands.
Entrepreneurship Ecosystem
The entrepreneurship ecosystem in Redmond thrives on strong collaboration between startups, SMEs, and established enterprises. Local incubators and coworking spaces provide affordable work environments, mentorship, and networking opportunities that accelerate venture growth. Community driven events, such as pitch competitions and hackathons, connect innovators with angel investors, venture funds, and corporate partners. The entrepreneurship rate of 8.1 percent is supported by educational partnerships, with specialized programs in business management and technical skills at Central Oregon Community College. Financial resources include microloan programs, state sponsored grants, and private seed funding, reducing capital barriers for early stage companies. Sectors like outdoor recreation technology, renewable energy solutions, and custom manufacturing are particularly active, benefiting from regional demand and export potential. Franchises number around 150, contributing to stable revenue streams across retail and food services. Overall, Redmonds ecosystem fosters risk taking and knowledge sharing, positioning the city as a launchpad for innovative enterprises.
Investment Climate
Redmond presents a compelling investment climate characterized by consistent economic growth and strategic development initiatives. Investors benefit from predictable policy frameworks, transparent land use planning, and favorable tax structures tailored to small and medium sized enterprises. The citys enterprise zones and opportunity fund designations offer incentives for capital investment in targeted sectors, including renewable energy, advanced manufacturing, and technology services. Public infrastructure projects, such as airport expansions and highway improvements, enhance access and logistics for commercial operations. Access to a skilled workforce from regional education providers ensures talent availability for specialized roles. Risk adjusted returns are reinforced by a diversified economy, with key industries providing stability against market fluctuations. Emerging opportunities in green technology and wellness tourism present additional investment avenues. Overall, Redmonds strategic partnerships between public agencies, educational institutions, and private investors have cultivated an environment where capital deployment yields sustainable long term value.
Market Intelligence & Business Environment in Redmond
32,500
Population
USD$: 56,000
Median Income
2.80%
GDP Growth
4.20%
Unemployment
Key Indicators
Median Age:
35.4 years
Entrepreneurship Rate:
8.10%
Business Friendly Score:
8.30/10
Investment Score:
8.10/10
Major Industries
Tourism
Manufacturing
Technology
Healthcare
Why Invest in Redmond?
Strong Economic Growth
Redmond has a robust and growing economy with diverse business opportunities.
Skilled Workforce
Access to a talented and educated workforce ready to support your business.
Business-Friendly Environment
Supportive local policies and infrastructure for business growth.
Growing Consumer Base
Increasing population and consumer demand across multiple sectors.
Startup Costs in Redmond
Total Business Types
1
Available industries to explore
Average Startup Cost
USD$: 30,000
Average investment range
Difficulty Breakdown
E:0
M:1
H:0
Easy | Medium | Hard
| Business Type | Estimated Startup Cost | Requirements | Difficulty | Profit Margin | Setup Time |
|---|---|---|---|---|---|
| Tech Consulting |
USD 10,000 -
50,000
Equipment: USD 5,000 |
Office space, computer equipment, internet, website | Medium | 20.00% | 3 month(s) |
Top Industries in Redmond
51
Business Opportunities
9
Industry Categories
28.1%
Average Profit Margin
8.9%
Average Market Growth
Automotive
Car Washes
Service-basedAutomatic or manual car washing and detailing services.
Startup Cost
$10,000 - $50,000
Profit Margin
22.00%
Market Growth
6.00%
Construction
Green Building Consultancy
Service-basedA consultancy specializing in sustainable building design, energy efficiency, and LEED certification.
Startup Cost
$30,000 - $150,000
Profit Margin
30.00%
Market Growth
12.00%
Education
Coding Bootcamp
OnlineAn online coding bootcamp offering full-stack development training.
Startup Cost
$20,000 - $80,000
Profit Margin
40.00%
Market Growth
15.00%
Education
Other Education Businesses
FranchiseA tutoring center franchise providing academic support for K-12 students.
Startup Cost
$50,000 - $300,000
Profit Margin
30.00%
Market Growth
10.00%
Health
Dance Pilates and Yoga Studios
Brick-and-MortarA yoga studio offering group classes, workshops, and retreats.
Startup Cost
$30,000 - $100,000
Profit Margin
30.00%
Market Growth
7.00%
Health
Gyms and Fitness Centers
Brick-and-MortarGym or fitness studio offering memberships and classes.
Startup Cost
$40,000 - $150,000
Profit Margin
18.00%
Market Growth
9.00%
Health
Mobile Physiotherapy
Service-basedA mobile physiotherapy service providing in-home rehabilitation and therapy sessions.
Startup Cost
$10,000 - $50,000
Profit Margin
30.00%
Market Growth
6.00%
Health
Telehealth Platform
OnlineA telehealth platform offering virtual consultations and remote patient monitoring.
Startup Cost
$60,000 - $350,000
Profit Margin
28.00%
Market Growth
16.00%
Health
Telehealth Platform
OnlineA telehealth platform connecting patients with healthcare providers online.
Startup Cost
$50,000 - $300,000
Profit Margin
25.00%
Market Growth
15.00%
Health
Wellness Coaching
Service-basedA wellness coaching service offering personalized nutrition, fitness, and lifestyle guidance.
Startup Cost
$5,000 - $20,000
Profit Margin
40.00%
Market Growth
10.00%
Professional Services
Digital Marketing Agency
Service-basedA digital marketing agency offering SEO, PPC, and social media management.
Startup Cost
$5,000 - $30,000
Profit Margin
35.00%
Market Growth
12.00%
Professional Services
HR Outsourcing
Service-basedAn HR outsourcing firm providing recruitment, payroll, and compliance services.
Startup Cost
$10,000 - $40,000
Profit Margin
28.00%
Market Growth
9.00%
Restaurants
Bakeries
Brick-and-MortarA specialty bakery offering artisanal breads and pastries.
Startup Cost
$20,000 - $100,000
Profit Margin
30.00%
Market Growth
6.00%
Restaurants
Breweries
Brick-and-MortarA microbrewery producing craft beers.
Startup Cost
$100,000 - $300,000
Profit Margin
35.00%
Market Growth
8.00%
Restaurants
Coffee Shops and Cafes
Brick-and-MortarSmall to medium coffee shop serving beverages and snacks.
Startup Cost
$15,000 - $60,000
Profit Margin
18.00%
Market Growth
8.00%
Restaurants
Coffee Shops and Cafes
Brick-and-MortarA specialty coffee shop offering artisanal drinks.
Startup Cost
$20,000 - $100,000
Profit Margin
20.00%
Market Growth
5.00%
Restaurants
Fast Food Franchise
FranchiseA fast food franchise offering standardized menus and strong brand recognition.
Startup Cost
$120,000 - $350,000
Profit Margin
26.00%
Market Growth
6.00%
Restaurants
Fast Food Franchise
FranchiseA fast food franchise offering standardized menus and brand recognition.
Startup Cost
$100,000 - $300,000
Profit Margin
25.00%
Market Growth
5.00%
Restaurants
Food Truck
Brick-and-MortarA mobile food truck serving gourmet street food.
Startup Cost
$10,000 - $50,000
Profit Margin
25.00%
Market Growth
7.00%
Restaurants
Food Truck
Brick-and-MortarA mobile food truck serving gourmet street food and beverages.
Startup Cost
$15,000 - $70,000
Profit Margin
26.00%
Market Growth
7.00%
Restaurants
Healthy Meal Delivery
OnlineA subscription-based healthy meal delivery service offering fresh, nutritious meals.
Startup Cost
$25,000 - $120,000
Profit Margin
32.00%
Market Growth
11.00%
Restaurants
Healthy Meal Delivery
OnlineA subscription-based healthy meal delivery service.
Startup Cost
$20,000 - $100,000
Profit Margin
30.00%
Market Growth
10.00%
Restaurants
Juice Bars
Brick-and-MortarAn organic juice bar serving cold-pressed juices, smoothies, and health shots.
Startup Cost
$20,000 - $100,000
Profit Margin
30.00%
Market Growth
8.00%
Retail
Consignment Boutique
Brick-and-MortarA consignment boutique selling curated secondhand designer apparel.
Startup Cost
$20,000 - $100,000
Profit Margin
30.00%
Market Growth
9.00%
Retail
Consignment Boutique
Brick-and-MortarA boutique offering curated secondhand designer clothing and accessories.
Startup Cost
$25,000 - $120,000
Profit Margin
32.00%
Market Growth
8.00%
Retail
Handmade Crafts Marketplace
OnlineAn online marketplace for handmade and artisanal goods.
Startup Cost
$12,000 - $45,000
Profit Margin
28.00%
Market Growth
6.00%
Retail
Handmade Crafts Marketplace
OnlineAn online marketplace for handmade artisans.
Startup Cost
$10,000 - $50,000
Profit Margin
30.00%
Market Growth
5.00%
Retail
Mobile Accessories Store
Brick-and-MortarA retail store selling smartphone accessories.
Startup Cost
$10,000 - $50,000
Profit Margin
25.00%
Market Growth
4.00%
Retail
Mobile Accessories Store
Brick-and-MortarA retail store selling smartphone accessories, chargers, cases, and gadgets.
Startup Cost
$15,000 - $60,000
Profit Margin
27.00%
Market Growth
6.00%
Retail
Niche Gift Shop
Brick-and-MortarA boutique gift shop offering handcrafted and personalized gifts.
Startup Cost
$12,000 - $55,000
Profit Margin
26.00%
Market Growth
6.00%
Retail
Niche Gift Shop
Brick-and-MortarA boutique gift shop specializing in curated, handcrafted items for special occasions.
Startup Cost
$10,000 - $50,000
Profit Margin
25.00%
Market Growth
5.00%
Retail
Online Thrift Marketplace
OnlineAn online platform enabling users to buy and sell secondhand clothing.
Startup Cost
$12,000 - $55,000
Profit Margin
22.00%
Market Growth
13.00%
Retail
Online Thrift Marketplace
OnlineAn online marketplace connecting sellers of used clothing and accessories with buyers nationwide.
Startup Cost
$10,000 - $50,000
Profit Margin
20.00%
Market Growth
12.00%
Retail
Other Retail Businesses
Brick-and-MortarSmall retail shop selling clothes, electronics, or specialty products.
Startup Cost
$20,000 - $100,000
Profit Margin
12.00%
Market Growth
5.00%
Retail
Print On Demand Service
OnlineA print-on-demand service offering custom apparel and merchandise.
Startup Cost
$6,000 - $15,000
Profit Margin
22.00%
Market Growth
7.00%
Retail
Print On Demand Service
OnlineA print-on-demand service offering custom merchandise.
Startup Cost
$5,000 - $10,000
Profit Margin
20.00%
Market Growth
6.00%
Retail
Subscription Box Service
OnlineA subscription box service delivering curated niche products monthly.
Startup Cost
$25,000 - $60,000
Profit Margin
27.00%
Market Growth
8.00%
Retail
Subscription Box Service
OnlineA curated subscription box service delivering niche products monthly.
Startup Cost
$20,000 - $50,000
Profit Margin
25.00%
Market Growth
7.00%
Services
Cleaning Businesses
Service-basedResidential or commercial cleaning services.
Startup Cost
$5,000 - $25,000
Profit Margin
25.00%
Market Growth
7.00%
Technology
Cybersecurity Consultancy
Service-basedA cybersecurity firm specializing in penetration testing and compliance audits.
Startup Cost
$20,000 - $80,000
Profit Margin
45.00%
Market Growth
14.00%
Technology
Cybersecurity Consultancy
Service-basedA cybersecurity consultancy offering risk assessments, penetration testing, and compliance services.
Startup Cost
$10,000 - $50,000
Profit Margin
40.00%
Market Growth
15.00%
Technology
Drone Services
Service-basedA drone services company specializing in mapping, surveying, and aerial inspections.
Startup Cost
$60,000 - $350,000
Profit Margin
33.00%
Market Growth
9.00%
Technology
Drone Services
Service-basedA drone services business offering aerial photography, surveying, and inspection solutions.
Startup Cost
$50,000 - $300,000
Profit Margin
30.00%
Market Growth
8.00%
Technology
IoT Home Devices
Brick-and-MortarA smart home device retail shop offering IoT gadgets, sensors, and home automation solutions.
Startup Cost
$25,000 - $120,000
Profit Margin
32.00%
Market Growth
11.00%
Technology
IoT Home Devices
Brick-and-MortarA retail business selling smart home devices such as sensors, thermostats, and security cameras.
Startup Cost
$20,000 - $100,000
Profit Margin
30.00%
Market Growth
10.00%
Technology
SaaS Accounting Software
OnlineA SaaS platform offering cloud-based accounting and bookkeeping tools.
Startup Cost
$60,000 - $350,000
Profit Margin
42.00%
Market Growth
13.00%
Technology
SaaS Accounting Software
OnlineA cloud-based accounting software service for SMEs.
Startup Cost
$50,000 - $300,000
Profit Margin
40.00%
Market Growth
12.00%
Technology
Software and App Companies
Service-basedA mobile app development agency creating custom iOS and Android applications.
Startup Cost
$20,000 - $100,000
Profit Margin
35.00%
Market Growth
12.00%
Technology
Technology Consulting
Service-basedProvides IT solutions, software development, and digital transformation services.
Startup Cost
$10,000 - $50,000
Profit Margin
20.00%
Market Growth
10.00%
Technology
Technology Consulting
Service-basedA small IT consulting firm offering cloud migration and cybersecurity advisory.
Startup Cost
$15,000 - $60,000
Profit Margin
22.00%
Market Growth
11.00%
Technology
Website and Ecommerce Businesses
OnlineAn e-commerce dropshipping store selling niche products.
Startup Cost
$5,000 - $20,000
Profit Margin
15.00%
Market Growth
9.00%
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Explore OpportunitiesFrequently Asked Questions About Starting or Buying a Business in Redmond
Yes. Redmond has a strong entrepreneurial environment with approximately 1.80 Thousand small and medium businesses operating across multiple industries. The city's 7.50/10 startup ecosystem score and 8.30/10 business environment make it an attractive location for entrepreneurs.
Some of the most profitable businesses in Redmond include companies operating in Tourism,Manufacturing,Technology,Healthcare. These sectors benefit from strong local demand, growing consumer spending, and increasing business activity.
Startup costs in Redmond vary depending on the industry and business size. Typical business licensing costs range between USD$: 500 and USD$: 2000. Commercial rent averages around USD$: 14 per square foot in major business districts.
Growing industries in Redmond include Outdoor Recreation,Tech Services,Renewable Energy. These sectors are expanding due to increasing demand, population growth, and regional economic development.
Yes. There are many businesses available for acquisition in Redmond, including restaurants, retail stores, service companies, and franchise resales. Visit the businesses for sale in Redmond section to explore current listings.
Yes. In many countries, foreign investors are allowed to Buy or acquire businesses. The business registration process typically takes around 14 days depending on regulatory requirements.
The median household income in Redmond is approximately USD$: 56,000, indicating a stable consumer market and strong spending power for businesses targeting local customers.
The city has a business density of approximately 150 businesses per area, supported by an entrepreneurship rate of 8.10%. This indicates a vibrant and competitive business ecosystem.
Investors are attracted to Redmond because of its strong economic indicators including GDP growth of 2.80%, a growing population of 32,500, and a high investment attractiveness score of 8.10/10.
Low-investment opportunities in Redmond include service businesses such as cleaning companies, small retail stores, online businesses, and food service operations. Many entrepreneurs Buy businesses with budgets under USD$: 50,000 depending on licensing requirements and industry type.
Featured Franchises in Redmond, Oregon
Featured Brokers in Redmond, Oregon
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Featured Businesses for Sale in Redmond, Oregon
No businesses for sale currently listed in Redmond, Oregon.