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Buying a business: Florida vs Massachusetts

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

Florida

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

Massachusetts

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

Who wins?

Florida has 631% more businesses on the market than Massachusetts (5,952 vs 814). Florida is cheaper at the median asking price. Massachusetts trades at a lower multiple (1.9× vs 2.2×), meaning you pay less per dollar of cash flow there.

MetricFloridaMassachusetts
Active listings5,952814
Median asking$350,000$385,000
Median cash flow$157,752$204,186
Typical multiple2.2×1.9×
Owner-earnings yield~45%~53%
Median revenue$650,000$815,877
Related comparisons

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