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Buying a business: California vs Maine

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
Typical multiple1.9×
Owner-earnings yield~52%
Median revenue$750,000
VS

Maine

106 active listings
Active listings106
Median asking$605,000
Median cash flow$230,286 Edge
Typical multiple2.6×
Owner-earnings yield~38%
Median revenue$822,500

Who wins?

California has 5881% more businesses on the market than Maine (6,340 vs 106). California is cheaper at the median asking price. California trades at a lower multiple (1.9× vs 2.6×), meaning you pay less per dollar of cash flow there.

MetricCaliforniaMaine
Active listings6,340106
Median asking$345,000$605,000
Median cash flow$178,627$230,286
Typical multiple1.9×2.6×
Owner-earnings yield~52%~38%
Median revenue$750,000$822,500
Related comparisons

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