Lawrence, KS

Business Ideas & Market Opportunities

The Lawrence market is currently outpacing the national growth rate. Our analysis identifies 19 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

3,024

Total Competition Pool

Market Size

120K

Total Metro Population

5-Year Growth Rate

+5.7%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

32

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 78 opportunities

Offices of Physical, Occupational and Speech Therapists, and Audiologists

Growth
+71.4%
Scale
$228K PAY
Saturation
0.74
12 establishments

Tax Preparation Services

Growth
+66.7%
Scale
$42K PAY
Saturation
0.57
24 establishments

Sporting Goods Stores

Growth
+66.7%
Scale
$264K PAY
Saturation
1.62
10 establishments

Hobby, Toy, and Game Stores

Growth
+66.7%
Scale
$292K PAY
Saturation
3.73
10 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+63.6%
Scale
$151K PAY
Saturation
2.44
36 establishments

Framing Contractors

Growth
+62.5%
Scale
$354K PAY
Saturation
3.58
13 establishments

General Freight Trucking, Long-Distance, Truckload

Growth
+60.0%
Scale
$263K PAY
Saturation
0.88
16 establishments

Pharmacies and Drug Stores

Growth
+45.5%
Scale
$823K PAY
Saturation
1.27
16 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+44.4%
Scale
$324K PAY
Saturation
1.15
99 establishments

Janitorial Services

Growth
+38.9%
Scale
$205K PAY
Saturation
1.18
25 establishments

All Other Personal Services

Growth
+37.5%
Scale
$58K PAY
Saturation
1.42
11 establishments

Roofing Contractors

Growth
+37.5%
Scale
$264K PAY
Saturation
1.40
11 establishments

Other Personal Care Services

Growth
+36.4%
Scale
$103K PAY
Saturation
1.49
15 establishments

Snack and Nonalcoholic Beverage Bars

Growth
+35.5%
Scale
$49.0M REV
Saturation
1.58
45 establishments

Child and Youth Services

Growth
+30.0%
Scale
$1.1M PAY
Saturation
2.62
13 establishments

Offices of Real Estate Agents and Brokers

Growth
+28.6%
Scale
$72K PAY
Saturation
1.04
54 establishments

Poured Concrete Foundation and Structure Contractors

Growth
+27.3%
Scale
$219K PAY
Saturation
2.02
14 establishments

Veterinary Services

Growth
+26.7%
Scale
$410K PAY
Saturation
1.85
19 establishments

Painting and Wall Covering Contractors

Growth
+25.0%
Scale
$133K PAY
Saturation
1.67
20 establishments

Site Preparation Contractors

Growth
+23.1%
Scale
$129K PAY
Saturation
1.36
16 establishments

Analyst Insights & Due Diligence

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

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?