Hot Springs, AR

Business Ideas & Market Opportunities

The Hot Springs market is currently outpacing the national growth rate. Our analysis identifies 20 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

3,401

Total Competition Pool

Market Size

100K

Total Metro Population

5-Year Growth Rate

+11.1%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

35

Niches with LQ < 0.8

Analyst Tip

Viewing all opportunities. Use the View Mode toggle above to filter by business model, or search to find specific niches.

Showing 20 of 74 opportunities

Offices of Mental Health Practitioners (except Physicians)

Growth
+240.0%
Scale
$84K PAY
Saturation
1.06
17 establishments

Convenience Stores

Growth
+200.0%
Scale
$83K PAY
Saturation
0.97
12 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+188.9%
Scale
$130K PAY
Saturation
2.12
99 establishments

Roofing Contractors

Growth
+133.3%
Scale
$155K PAY
Saturation
1.64
14 establishments

Tobacco Stores

Growth
+90.0%
Scale
$95K PAY
Saturation
2.73
19 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+75.0%
Scale
$135K PAY
Saturation
0.97
33 establishments

Nail Salons

Growth
+66.7%
Scale
$5604.0M REV
Saturation
0.84
124 establishments

All Other Specialty Trade Contractors

Growth
+66.7%
Scale
$215K PAY
Saturation
1.05
15 establishments

Residential Remodelers

Growth
+64.3%
Scale
$99K PAY
Saturation
1.01
46 establishments

Electronic Shopping and Mail-Order Houses

Growth
+60.0%
Scale
$93K PAY
Saturation
0.86
16 establishments

Marketing Consulting Services

Growth
+57.1%
Scale
$189K PAY
Saturation
0.61
11 establishments

Temporary Help Services

Growth
+57.1%
Scale
$1.3M PAY
Saturation
0.95
11 establishments

All Other Health and Personal Care Stores

Growth
+57.1%
Scale
$467K PAY
Saturation
3.34
11 establishments

Other Accounting Services

Growth
+55.6%
Scale
$268K PAY
Saturation
0.87
90 establishments

Offices of Real Estate Agents and Brokers

Growth
+50.0%
Scale
$52K PAY
Saturation
1.07
60 establishments

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Growth
+50.0%
Scale
$185K PAY
Saturation
1.46
12 establishments

General Freight Trucking, Local

Growth
+50.0%
Scale
$87K PAY
Saturation
0.79
12 establishments

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+50.0%
Scale
$230K PAY
Saturation
2.05
36 establishments

Lessors of Residential Buildings and Dwellings

Growth
+47.4%
Scale
$105K PAY
Saturation
1.11
28 establishments

Landscaping Services

Growth
+47.1%
Scale
$115K PAY
Saturation
1.26
50 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Hot Springs:

1

Demographic Fit

Does the local population age or income level explain the "Supply Gaps"? (e.g., A gap in luxury services may be due to lower local income).

2

Regulatory Check

Verify local licensing requirements. High barriers to entry often protect "High Yield" sectors from new competition.

3

Competitor Health

Investigate the "Momentum" sectors. Are existing businesses thriving, or is the growth due to high turnover and failure rates?