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Buying a business: Delaware vs Maryland

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

Maryland

550 active listings
Active listings550 Edge
Median asking$400,000 Edge
Median cash flow$192,300 Edge
Typical multiple2.1×
Owner-earnings yield~48%
Median revenue$831,000

Who wins?

Maryland has 347% more businesses on the market than Delaware (550 vs 123). Maryland is cheaper at the median asking price. Maryland trades at a lower multiple (2.1× vs 3.0×), meaning you pay less per dollar of cash flow there.

MetricDelawareMaryland
Active listings123550
Median asking$454,500$400,000
Median cash flow$150,000$192,300
Typical multiple3.0×2.1×
Owner-earnings yield~33%~48%
Median revenue$550,742$831,000
Related comparisons

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

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