Fragmented industries with higher wages?

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September 02, 2020

by a searcher from Harvard University - Harvard Business School in Cambridge, MA, USA

Question: What are fragmented and stable industries with skilled labor (wages >$15 per hour)?

Context: I am an MBA student ~1 year out from launching my search. My goal is to select a few industries now, so I can be deeply networked in them and completely fluent in their business models prior to launch. I'm looking for fragmented stable industries where I can buy and merge a few small businesses together. However, many industries that fit this description (e.g. home care, landscaping) pay very low wages (<$15/hour). I'd be happier working with more skilled employees and providing them good jobs. Any suggestions?

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Reply by a searcher
from Temple University in New York, USA
Hey Nathaniel - what you're describing is exactly what IBISWorld's industry selector tool does. We can run a query and categorize every industry that fits into your specifications, along with a ton of other data (avg. profit margins, expenses, 5 year projections) etc. Let me know if you'd want to get on a call and I can show you the tool in action.
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Reply by an investor
from Vanderbilt University in Riverside, Greenwich, CT, USA
Auto Towing, especially heavy duty. I did transaction in this space. Happy to chat.
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