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Buying a business: California vs Louisiana

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

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
VS

Louisiana

274 active listings
Active listings274
Median asking$385,000
Median cash flow$142,034
Typical multiple2.7×
Owner-earnings yield~37%
Median revenue$753,695

Who wins?

California has 2214% more businesses on the market than Louisiana (6,340 vs 274). California is cheaper at the median asking price. California trades at a lower multiple (1.9× vs 2.7×), meaning you pay less per dollar of cash flow there.

MetricCaliforniaLouisiana
Active listings6,340274
Median asking$345,000$385,000
Median cash flow$178,627$142,034
Typical multiple1.9×2.7×
Owner-earnings yield~52%~37%
Median revenue$750,000$753,695
Related comparisons

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