Provo-Orem-Lehi, UT

Business Ideas & Market Opportunities

The Provo-Orem-Lehi market is currently outpacing the national growth rate. Our analysis identifies 111 active sectors where local supply has not yet met the demand indicated by the national baseline.

Active Local Businesses

22,308

Total Competition Pool

Market Size

696K

Total Metro Population

5-Year Growth Rate

+21.9%

🔥 Outpacing US(+0.1% avg)

Underserved Sectors

159

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 283 opportunities

Trust, Fiduciary, and Custody Activities

Growth
+300.0%
Scale
$142K PAY
Saturation
1.81
12 establishments

Other Services to Buildings and Dwellings

Growth
+181.8%
Scale
$176K PAY
Saturation
0.79
31 establishments

Advertising Material Distribution Services

Growth
+175.0%
Scale
$93K PAY
Saturation
4.95
11 establishments

Other Spectator Sports

Growth
+150.0%
Scale
$161K PAY
Saturation
1.59
10 establishments

All Other Outpatient Care Centers

Growth
+150.0%
Scale
$707K PAY
Saturation
0.91
40 establishments

Pet Care (except Veterinary) Services

Growth
+142.9%
Scale
$150K PAY
Saturation
0.92
51 establishments

Recreational Goods Rental

Growth
+133.3%
Scale
$77K PAY
Saturation
1.34
76 establishments

Musical Groups and Artists

Growth
+133.3%
Scale
$99K PAY
Saturation
1.73
21 establishments

Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing

Growth
+133.3%
Scale
$400K PAY
Saturation
1.29
14 establishments

Car Washes

Growth
+129.2%
Scale
$204K PAY
Saturation
1.28
55 establishments

Miscellaneous Intermediation

Growth
+122.7%
Scale
$399K PAY
Saturation
1.74
49 establishments

Services for the Elderly and Persons with Disabilities

Growth
+121.7%
Scale
$470K PAY
Saturation
0.59
51 establishments

All Other Miscellaneous Store Retailers (except Tobacco Stores)

Growth
+116.7%
Scale
$236K PAY
Saturation
1.22
65 establishments

Nail Salons

Growth
+114.8%
Scale
$15662.0M REV
Saturation
0.75
513 establishments

Convenience Stores

Growth
+114.3%
Scale
$196K PAY
Saturation
0.19
15 establishments

Other Personal Care Services

Growth
+113.9%
Scale
$227K PAY
Saturation
1.09
77 establishments

Landscape Architectural Services

Growth
+112.5%
Scale
$181K PAY
Saturation
1.55
17 establishments

Baked Goods Retailers

Growth
+111.1%
Scale
$107K PAY
Saturation
3.76
19 establishments

Offices of All Other Miscellaneous Health Practitioners

Growth
+107.1%
Scale
$25950.0M REV
Saturation
1.46
752 establishments

Offices of Mental Health Practitioners (except Physicians)

Growth
+103.6%
Scale
$211K PAY
Saturation
1.63
169 establishments

Analyst Insights & Due Diligence

Administrative data provides the map, but not the terrain. We recommend three specific validation steps for Provo-Orem-Lehi:

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?