Business Opportunities in Arkansas

Dive into the thriving business ecosystem of Arkansas, where entrepreneurial ambitions flourish. The Natural State is a hotbed of business opportunities for franchise enthusiasts. Unearth the economic potential, vibrant culture, and receptive communities that render Arkansas a dynamic hub for your business endeavors.

Population per Square Mile57.9
Per Capita Income$31,868
Total Employer Establishments68,572
Total Employment1 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.

See Franchises in Arkansas Now

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
View Franchises Now

The Arkansas Business Difference

  • 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)

Current 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…

$ 100k Minimum Cash Required

Crave is searching for franchise partners in the U.S. At Crave we offer BBQ, Hot Dogs, Self Pour Beer, Ax Throwing and so much More! We are one of the fastest growing Hot Dog franchises, winner of best southern BBQ and…

$ 80k 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 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…

$ 3,995 Minimum Cash Required

VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…

$ 30k Minimum Cash Required

There is NO better business model that is designed to excel in inflation, recession, and uncertain times. We help you create the ultimate MONTHLY cash flow for years by helping companies save money when they need it. Buy a…

$ 70k Minimum Cash Required

Today's busy lifestyles demand the services PostalAnnex+ offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex+ founder Jack Lentz began working out of his…

$ 70k Minimum Cash Required

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.

We are asking for your phone number so the businesses you have requested more information from can call/text you to chat with you more about their opportunity. We do not share your phone number with anyone other than the specific businesses you are interested in learning more about.