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Buying a business: Alaska vs California

Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.

Alaska

57 active listings
Active listings57
Median asking$1,050,000
Median cash flow$160,435
Typical multiple6.5×
Owner-earnings yield~15%
Median revenue$952,772
VS

California

6,340 active listings
Active listings6,340 Edge
Median asking$345,000 Edge
Median cash flow$178,627 Edge
Typical multiple1.9×
Owner-earnings yield~52%
Median revenue$750,000

Who wins?

California has 11023% more businesses on the market than Alaska (6,340 vs 57). California is cheaper at the median asking price. California trades at a lower multiple (1.9× vs 6.5×), meaning you pay less per dollar of cash flow there.

Some figures are still filling in as listings are added to one or both markets — this comparison updates automatically as inventory grows.

MetricAlaskaCalifornia
Active listings576,340
Median asking$1,050,000$345,000
Median cash flow$160,435$178,627
Typical multiple6.5×1.9×
Owner-earnings yield~15%~52%
Median revenue$952,772$750,000
Related comparisons

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