Skip to main content
DealStratum
Guides · Compare

Buying a business: California vs Nevada

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
Median cash flow$178,627
Typical multiple1.9×
Owner-earnings yield~52%
Median revenue$750,000
VS

Nevada

620 active listings
Active listings620
Median asking$295,000 Edge
Median cash flow$193,385 Edge
Typical multiple1.5×
Owner-earnings yield~66%
Median revenue$629,555

Who wins?

California has 923% more businesses on the market than Nevada (6,340 vs 620). Nevada is cheaper at the median asking price. Nevada trades at a lower multiple (1.5× vs 1.9×), meaning you pay less per dollar of cash flow there.

MetricCaliforniaNevada
Active listings6,340620
Median asking$345,000$295,000
Median cash flow$178,627$193,385
Typical multiple1.9×1.5×
Owner-earnings yield~52%~66%
Median revenue$750,000$629,555
Related comparisons

See the full California market or the Nevada market, or set a Buy Box across both and let the matches come to you.

Compare any market
against your buy box.

Turn on the Waterfall, set your thesis, and see the deals that fit — in California, Nevada, or anywhere.