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Buying a business: Delaware vs Florida

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

Delaware

123 active listings
Active listings123
Median asking$454,500
Median cash flow$150,000
Typical multiple3.0×
Owner-earnings yield~33%
Median revenue$550,742
VS

Florida

5,952 active listings
Active listings5,952 Edge
Median asking$350,000 Edge
Median cash flow$157,752 Edge
Typical multiple2.2×
Owner-earnings yield~45%
Median revenue$650,000

Who wins?

Florida has 4739% more businesses on the market than Delaware (5,952 vs 123). Florida is cheaper at the median asking price. Florida trades at a lower multiple (2.2× vs 3.0×), meaning you pay less per dollar of cash flow there.

MetricDelawareFlorida
Active listings1235,952
Median asking$454,500$350,000
Median cash flow$150,000$157,752
Typical multiple3.0×2.2×
Owner-earnings yield~33%~45%
Median revenue$550,742$650,000
Related comparisons

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