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Buying a business: Connecticut vs Texas

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
Median cash flow$224,354 Edge
Typical multiple1.6×
Owner-earnings yield~64%
Median revenue$952,186
VS

Texas

3,900 active listings
Active listings3,900 Edge
Median asking$340,000 Edge
Median cash flow$160,000
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$690,019

Who wins?

Texas has 943% more businesses on the market than Connecticut (3,900 vs 374). Texas is cheaper at the median asking price. Connecticut trades at a lower multiple (1.6× vs 2.1×), meaning you pay less per dollar of cash flow there.

MetricConnecticutTexas
Active listings3743,900
Median asking$352,500$340,000
Median cash flow$224,354$160,000
Typical multiple1.6×2.1×
Owner-earnings yield~64%~47%
Median revenue$952,186$690,019
Related comparisons

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