Myrtle Beach-Conway-North Myrtle Beach, SC

Business Ideas & Market Opportunities

The Myrtle Beach-Conway-North Myrtle Beach market is currently trailing the national growth rate. Our analysis identifies 29 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

13,198

Total Competition Pool

Market Size

369K

Total Metro Population

5-Year Growth Rate

-2.0%

⚠️ Trailing US(+0.1% avg)

Underserved Sectors

126

Niches with LQ < 0.8

Analyst Tip

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Showing 20 of 213 opportunities

Other Management Consulting Services

Growth
+183.3%
Scale
$67K PAY
Saturation
0.91
17 establishments

Medical Laboratories

Growth
+133.3%
Scale
$481K PAY
Saturation
1.31
28 establishments

All Other Specialty Food Stores

Growth
+130.0%
Scale
$74K PAY
Saturation
3.12
23 establishments

Barber Shops

Growth
+125.0%
Scale
$3844.0M REV
Saturation
0.90
119 establishments

Educational Support Services

Growth
+100.0%
Scale
$71K PAY
Saturation
0.66
10 establishments

Other Activities Related to Real Estate

Growth
+97.4%
Scale
$132K PAY
Saturation
2.57
77 establishments

All Other Personal Services

Growth
+96.0%
Scale
$102K PAY
Saturation
1.53
49 establishments

Other Computer Related Services

Growth
+80.0%
Scale
$582K PAY
Saturation
1.10
18 establishments

All Other Professional, Scientific, and Technical Services

Growth
+79.2%
Scale
$100K PAY
Saturation
1.34
43 establishments

Mobile Food Services

Growth
+71.4%
Scale
$89K PAY
Saturation
0.78
12 establishments

Other Miscellaneous Durable Goods Merchant Wholesalers

Growth
+70.0%
Scale
$256K PAY
Saturation
1.37
17 establishments

All Other Specialty Trade Contractors

Growth
+68.3%
Scale
$263K PAY
Saturation
3.23
175 establishments

Mortgage and Nonmortgage Loan Brokers

Growth
+66.7%
Scale
$134K PAY
Saturation
1.19
15 establishments

Confectionery and Nut Retailers

Growth
+66.7%
Scale
$256K PAY
Saturation
2.49
10 establishments

Offices of Physicians, Mental Health Specialists

Growth
+60.0%
Scale
$222K PAY
Saturation
0.46
45 establishments

Investment Advice

Growth
+60.0%
Scale
$85K PAY
Saturation
0.53
16 establishments

Private Mail Centers

Growth
+57.1%
Scale
$276K PAY
Saturation
1.15
11 establishments

Power and Communication Line and Related Structures Construction

Growth
+57.1%
Scale
$516K PAY
Saturation
1.38
11 establishments

General Warehousing and Storage

Growth
+57.1%
Scale
$325K PAY
Saturation
0.52
11 establishments

All Other Health and Personal Care Stores

Growth
+52.9%
Scale
$157K PAY
Saturation
2.08
26 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Myrtle Beach-Conway-North Myrtle Beach:

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?