Top Franchises in Arkansas (AR)
Franchise Opportunities in Arkansas
Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…
90k Minimum Cash Required
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,500 you want to feature on your website! MBV’s 10% Price Guarantee on…
10k Minimum Cash Required
SmartMarket Solutions is redefining unattended retail with AI-powered SmartMarkets that offer secure, grab-and-go access to today’s most popular snacks and beverages. No lines, no staff, and no franchise fees—just a…
50k Minimum Cash Required
Discover the lucrative potential of Pink's Window Services franchise -- we delight all of our customers by providing high quality interior and exterior window washing services, power washing and more. We are seeking new…
100k Minimum Cash Required
A complimentary, no-obligation 15-minute call is all it takes to begin exploring the perfect business opportunity tailored to your goals. Take control of your time, your future, and your legacy—advantages a traditional job…
60k Minimum Cash Required
The personal lines insurance market is a robust $534 billion industry. By partnering with Goosehead, you can secure your financial future with our diverse range of products designed to maximize recurring revenue. Discover how…
50k Minimum Cash Required
Popular Cities in Arkansas
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Facts About Arkansas
| Capital: | Little Rock |
| Year of Statehood: | 1821 |
| Largest Cities: | Little Rock, Fort Smith, Fayetteville |
| Motto: | The People Rule |
| Nickname: | The Land of Opportunity |
Franchising Economic Indicators in Arkansas
- Arkansas is ranked as the 3rd least expensive state in the nation to start a new business. (source)
- With a high rate of inbound movers, the state ranks 5th in this category. (source)
- Arkansas is 1st in the nation for opportunity share for entrepreneurs. (source)
- The state has also been named the 2nd most affordable state to live in, which can be an attractive factor for businesses and employees alike. (source)
Here are the best franchises for sale in Arkansas. Below is a list of essential demographic data, economic indicators, and insights into key industries that will help you plan out your next franchise venture in Arkansas.
| Population per Square Mile | 57.9 |
| Per Capita Income | $31,868 |
| Total Employer Establishments | 68,572 |
| Total Employment | 1 million |
| Total Retail Sales per Capita | $13,374 |
Arkansas exhibits a distinctive economic and demographic profile, essential for assessing its franchise potential. The state's population density is moderate, with 57.9 people per square mile, suggesting a balanced mix of urban and rural areas. Residents have an average per capita income of $31,868. Additionally, the total retail sales per capita of $13,374 highlight a significant consumer market, particularly relevant for retail and service-oriented franchises.
Arkansas' economy, ranking 35th among states and Washington, DC in size, is characterized by a diverse range of sectors. As of the first quarter of 2023, Arkansas' real GDP was $164.7 billion. Notably, the construction sector experienced the highest growth rate in the state at 8.3% per year.
Arkansas' unemployment rate as of October 2023 was 3.1%, lower than the US overall, pointing to a relatively stable job market. Key industries identified by the Arkansas Economic Development Commission include distribution and logistics, food and beverage, paper and timber products, software development, and transportation equipment manufacturing.
In summary, Arkansas presents a dynamic and growing economic environment, making it an attractive state for exploring business opportunities.
Cities and Industries
In Little Rock, AR, the franchise industry shows promise in both the food and beverage and shelter-related sectors. The city's strong focus on shelter is evident, with an owner-occupied median home value of $207,230 and a median age of homes at 53.7 years, indicating a potential market for home improvement and renovation franchises.
Additionally, Little Rock residents allocate a significant portion of their monthly household expenditure, approximately $726, to food and beverages, highlighting a thriving market for food-related franchises, such as restaurants, cafes, and specialty food shops. The total annual consumer expenditure for food and beverages in 2023 is approximately $496.89 million, reinforcing the city's strong appetite for dining and culinary experiences.
With a substantial portion of the population relying on personal vehicles for commuting (78.6% drive to work alone) and a significant annual expenditure on transportation ($274.14 million), the automotive industry presents a promising opportunity for potential franchisees in Fort Smith, AR. Consider investing in automotive service and repair franchises, auto parts and accessories stores, or car rental businesses to meet the transportation needs and preferences of the local community.
Website Analytics
Our website registers a bounce rate of 77.11% and an average session duration of 49 seconds among Arkansas visitors. These statistics indicate an opportunity for potential franchisees to explore business ventures in a market that currently appears less saturated and competitive. Acting now could position you favorably, potentially leading to a higher chance of success and lower competition in the state's business landscape.
Franchise Opportunities
Discover a diverse range of business opportunities available for sale in Arkansas through our comprehensive list of options below.