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Buy a Business in Redmond, Washington

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-based
Automatic or manual car washing and detailing services.
Startup Cost $10,000 - $50,000
Profit Margin 22.00%
Market Growth 6.00%
Market Demand 80%
Medium Difficulty Low Investment
Construction

Green Building Consultancy

Service-based
A 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%
Market Demand 8%
Medium Difficulty Medium Investment
Education

Coding Bootcamp

Online
An online coding bootcamp offering full-stack development training.
Startup Cost $20,000 - $80,000
Profit Margin 40.00%
Market Growth 15.00%
Market Demand 9%
Hard Difficulty Medium Investment
Education

Other Education Businesses

Franchise
A tutoring center franchise providing academic support for K-12 students.
Startup Cost $50,000 - $300,000
Profit Margin 30.00%
Market Growth 10.00%
Market Demand 9%
Medium Difficulty High Investment
Health

Dance Pilates and Yoga Studios

Brick-and-Mortar
A yoga studio offering group classes, workshops, and retreats.
Startup Cost $30,000 - $100,000
Profit Margin 30.00%
Market Growth 7.00%
Market Demand 7%
Hard Difficulty Medium Investment
Health

Gyms and Fitness Centers

Brick-and-Mortar
Gym or fitness studio offering memberships and classes.
Startup Cost $40,000 - $150,000
Profit Margin 18.00%
Market Growth 9.00%
Market Demand 75%
Hard Difficulty High Investment
Health

Mobile Physiotherapy

Service-based
A mobile physiotherapy service providing in-home rehabilitation and therapy sessions.
Startup Cost $10,000 - $50,000
Profit Margin 30.00%
Market Growth 6.00%
Market Demand 7%
Medium Difficulty Low Investment
Health

Telehealth Platform

Online
A telehealth platform offering virtual consultations and remote patient monitoring.
Startup Cost $60,000 - $350,000
Profit Margin 28.00%
Market Growth 16.00%
Market Demand 10%
Hard Difficulty High Investment
Health

Telehealth Platform

Online
A telehealth platform connecting patients with healthcare providers online.
Startup Cost $50,000 - $300,000
Profit Margin 25.00%
Market Growth 15.00%
Market Demand 10%
Hard Difficulty High Investment
Health

Wellness Coaching

Service-based
A wellness coaching service offering personalized nutrition, fitness, and lifestyle guidance.
Startup Cost $5,000 - $20,000
Profit Margin 40.00%
Market Growth 10.00%
Market Demand 8%
Easy Difficulty Low Investment
Professional Services

Digital Marketing Agency

Service-based
A digital marketing agency offering SEO, PPC, and social media management.
Startup Cost $5,000 - $30,000
Profit Margin 35.00%
Market Growth 12.00%
Market Demand 9%
Medium Difficulty Low Investment
Professional Services

HR Outsourcing

Service-based
An HR outsourcing firm providing recruitment, payroll, and compliance services.
Startup Cost $10,000 - $40,000
Profit Margin 28.00%
Market Growth 9.00%
Market Demand 8%
Medium Difficulty Low Investment
Restaurants

Bakeries

Brick-and-Mortar
A specialty bakery offering artisanal breads and pastries.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 6.00%
Market Demand 8%
Medium Difficulty Medium Investment
Restaurants

Breweries

Brick-and-Mortar
A microbrewery producing craft beers.
Startup Cost $100,000 - $300,000
Profit Margin 35.00%
Market Growth 8.00%
Market Demand 7%
Hard Difficulty High Investment
Restaurants

Coffee Shops and Cafes

Brick-and-Mortar
Small to medium coffee shop serving beverages and snacks.
Startup Cost $15,000 - $60,000
Profit Margin 18.00%
Market Growth 8.00%
Market Demand 90%
Medium Difficulty Medium Investment
Restaurants

Coffee Shops and Cafes

Brick-and-Mortar
A specialty coffee shop offering artisanal drinks.
Startup Cost $20,000 - $100,000
Profit Margin 20.00%
Market Growth 5.00%
Market Demand 9%
Medium Difficulty Medium Investment
Restaurants

Fast Food Franchise

Franchise
A fast food franchise offering standardized menus and strong brand recognition.
Startup Cost $120,000 - $350,000
Profit Margin 26.00%
Market Growth 6.00%
Market Demand 9%
Medium Difficulty High Investment
Restaurants

Fast Food Franchise

Franchise
A fast food franchise offering standardized menus and brand recognition.
Startup Cost $100,000 - $300,000
Profit Margin 25.00%
Market Growth 5.00%
Market Demand 9%
Medium Difficulty High Investment
Restaurants

Food Truck

Brick-and-Mortar
A mobile food truck serving gourmet street food.
Startup Cost $10,000 - $50,000
Profit Margin 25.00%
Market Growth 7.00%
Market Demand 8%
Easy Difficulty Low Investment
Restaurants

Food Truck

Brick-and-Mortar
A mobile food truck serving gourmet street food and beverages.
Startup Cost $15,000 - $70,000
Profit Margin 26.00%
Market Growth 7.00%
Market Demand 8%
Easy Difficulty Low Investment
Restaurants

Healthy Meal Delivery

Online
A subscription-based healthy meal delivery service offering fresh, nutritious meals.
Startup Cost $25,000 - $120,000
Profit Margin 32.00%
Market Growth 11.00%
Market Demand 10%
Medium Difficulty Medium Investment
Restaurants

Healthy Meal Delivery

Online
A subscription-based healthy meal delivery service.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 10.00%
Market Demand 10%
Medium Difficulty Medium Investment
Restaurants

Juice Bars

Brick-and-Mortar
An 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%
Market Demand 9%
Medium Difficulty Medium Investment
Retail

Consignment Boutique

Brick-and-Mortar
A consignment boutique selling curated secondhand designer apparel.
Startup Cost $20,000 - $100,000
Profit Margin 30.00%
Market Growth 9.00%
Market Demand 6%
Medium Difficulty Medium Investment
Retail

Consignment Boutique

Brick-and-Mortar
A boutique offering curated secondhand designer clothing and accessories.
Startup Cost $25,000 - $120,000
Profit Margin 32.00%
Market Growth 8.00%
Market Demand 6%
Medium Difficulty Medium Investment
Retail

Handmade Crafts Marketplace

Online
An online marketplace for handmade and artisanal goods.
Startup Cost $12,000 - $45,000
Profit Margin 28.00%
Market Growth 6.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Handmade Crafts Marketplace

Online
An online marketplace for handmade artisans.
Startup Cost $10,000 - $50,000
Profit Margin 30.00%
Market Growth 5.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Mobile Accessories Store

Brick-and-Mortar
A retail store selling smartphone accessories.
Startup Cost $10,000 - $50,000
Profit Margin 25.00%
Market Growth 4.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Mobile Accessories Store

Brick-and-Mortar
A retail store selling smartphone accessories, chargers, cases, and gadgets.
Startup Cost $15,000 - $60,000
Profit Margin 27.00%
Market Growth 6.00%
Market Demand 7%
Easy Difficulty Low Investment
Retail

Niche Gift Shop

Brick-and-Mortar
A boutique gift shop offering handcrafted and personalized gifts.
Startup Cost $12,000 - $55,000
Profit Margin 26.00%
Market Growth 6.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Niche Gift Shop

Brick-and-Mortar
A 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%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Online Thrift Marketplace

Online
An online platform enabling users to buy and sell secondhand clothing.
Startup Cost $12,000 - $55,000
Profit Margin 22.00%
Market Growth 13.00%
Market Demand 8%
Medium Difficulty Low Investment
Retail

Online Thrift Marketplace

Online
An 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%
Market Demand 8%
Medium Difficulty Low Investment
Retail

Other Retail Businesses

Brick-and-Mortar
Small retail shop selling clothes, electronics, or specialty products.
Startup Cost $20,000 - $100,000
Profit Margin 12.00%
Market Growth 5.00%
Market Demand 80%
Medium Difficulty Medium Investment
Retail

Print On Demand Service

Online
A print-on-demand service offering custom apparel and merchandise.
Startup Cost $6,000 - $15,000
Profit Margin 22.00%
Market Growth 7.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Print On Demand Service

Online
A print-on-demand service offering custom merchandise.
Startup Cost $5,000 - $10,000
Profit Margin 20.00%
Market Growth 6.00%
Market Demand 6%
Easy Difficulty Low Investment
Retail

Subscription Box Service

Online
A subscription box service delivering curated niche products monthly.
Startup Cost $25,000 - $60,000
Profit Margin 27.00%
Market Growth 8.00%
Market Demand 8%
Medium Difficulty Medium Investment
Retail

Subscription Box Service

Online
A curated subscription box service delivering niche products monthly.
Startup Cost $20,000 - $50,000
Profit Margin 25.00%
Market Growth 7.00%
Market Demand 8%
Medium Difficulty Medium Investment
Services

Cleaning Businesses

Service-based
Residential or commercial cleaning services.
Startup Cost $5,000 - $25,000
Profit Margin 25.00%
Market Growth 7.00%
Market Demand 88%
Easy Difficulty Low Investment
Technology

Cybersecurity Consultancy

Service-based
A cybersecurity firm specializing in penetration testing and compliance audits.
Startup Cost $20,000 - $80,000
Profit Margin 45.00%
Market Growth 14.00%
Market Demand 9%
Hard Difficulty High Investment
Technology

Cybersecurity Consultancy

Service-based
A cybersecurity consultancy offering risk assessments, penetration testing, and compliance services.
Startup Cost $10,000 - $50,000
Profit Margin 40.00%
Market Growth 15.00%
Market Demand 10%
Hard Difficulty High Investment
Technology

Drone Services

Service-based
A drone services company specializing in mapping, surveying, and aerial inspections.
Startup Cost $60,000 - $350,000
Profit Margin 33.00%
Market Growth 9.00%
Market Demand 7%
Medium Difficulty High Investment
Technology

Drone Services

Service-based
A drone services business offering aerial photography, surveying, and inspection solutions.
Startup Cost $50,000 - $300,000
Profit Margin 30.00%
Market Growth 8.00%
Market Demand 7%
Medium Difficulty High Investment
Technology

IoT Home Devices

Brick-and-Mortar
A 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%
Market Demand 8%
Medium Difficulty Medium Investment
Technology

IoT Home Devices

Brick-and-Mortar
A 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%
Market Demand 8%
Medium Difficulty Medium Investment
Technology

SaaS Accounting Software

Online
A SaaS platform offering cloud-based accounting and bookkeeping tools.
Startup Cost $60,000 - $350,000
Profit Margin 42.00%
Market Growth 13.00%
Market Demand 9%
Hard Difficulty High Investment
Technology

SaaS Accounting Software

Online
A cloud-based accounting software service for SMEs.
Startup Cost $50,000 - $300,000
Profit Margin 40.00%
Market Growth 12.00%
Market Demand 9%
Hard Difficulty High Investment
Technology

Software and App Companies

Service-based
A mobile app development agency creating custom iOS and Android applications.
Startup Cost $20,000 - $100,000
Profit Margin 35.00%
Market Growth 12.00%
Market Demand 9%
Medium Difficulty Medium Investment
Technology

Technology Consulting

Service-based
Provides IT solutions, software development, and digital transformation services.
Startup Cost $10,000 - $50,000
Profit Margin 20.00%
Market Growth 10.00%
Market Demand 85%
Medium Difficulty Medium Investment
Technology

Technology Consulting

Service-based
A small IT consulting firm offering cloud migration and cybersecurity advisory.
Startup Cost $15,000 - $60,000
Profit Margin 22.00%
Market Growth 11.00%
Market Demand 8%
Medium Difficulty Medium Investment
Technology

Website and Ecommerce Businesses

Online
An e-commerce dropshipping store selling niche products.
Startup Cost $5,000 - $20,000
Profit Margin 15.00%
Market Growth 9.00%
Market Demand 8%
Easy Difficulty Low Investment

Top Cities to Buy a Business in Washington

Frequently 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, Washington

White Rabbit Cannabis
White Rabbit Cannabis
Required Capital: USD$: 500,000
Voda Cleaning & Restoration
Voda Cleaning & Restoration
Required Capital: USD$: 198,250
Endurance House
Endurance House
Required Capital: USD$: 647,750
Managemowed
Managemowed
Required Capital: USD$: 245,800
LearningRx
LearningRx
Required Capital: USD$: 85,000
Central Bark
Central Bark
Required Capital: USD$: 1,039,974
Akira
Akira
Required Capital: USD$: 10,000
LearningRx
LearningRx
Required Capital: USD$: 85,000
Teriyaki Madness
Teriyaki Madness
Required Capital: USD$: 200,000
Surface Experts
Surface Experts
Required Capital: USD$: 91,950

Featured Brokers in Redmond, Washington

No featured brokers currently available in Redmond, Washington.

Featured Businesses for Sale in Redmond, Washington

No businesses for sale currently listed in Redmond, Washington.