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Buying a business: Connecticut vs Massachusetts

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

Connecticut

374 active listings
Active listings374
Median asking$352,500 Edge
Median cash flow$224,354 Edge
Typical multiple1.6×
Owner-earnings yield~64%
Median revenue$952,186
VS

Massachusetts

814 active listings
Active listings814 Edge
Median asking$385,000
Median cash flow$204,186
Typical multiple1.9×
Owner-earnings yield~53%
Median revenue$815,877

Who wins?

Massachusetts has 118% more businesses on the market than Connecticut (814 vs 374). Connecticut is cheaper at the median asking price. Connecticut trades at a lower multiple (1.6× vs 1.9×), meaning you pay less per dollar of cash flow there.

MetricConnecticutMassachusetts
Active listings374814
Median asking$352,500$385,000
Median cash flow$224,354$204,186
Typical multiple1.6×1.9×
Owner-earnings yield~64%~53%
Median revenue$952,186$815,877
Related comparisons

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