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Buying a business: Florida vs Nevada

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
Median cash flow$157,752
Typical multiple2.2×
Owner-earnings yield~45%
Median revenue$650,000
VS

Nevada

621 active listings
Active listings621
Median asking$295,000 Edge
Median cash flow$193,750 Edge
Typical multiple1.5×
Owner-earnings yield~66%
Median revenue$638,000

Who wins?

Florida has 858% more businesses on the market than Nevada (5,952 vs 621). Nevada is cheaper at the median asking price. Nevada trades at a lower multiple (1.5× vs 2.2×), meaning you pay less per dollar of cash flow there.

MetricFloridaNevada
Active listings5,952621
Median asking$350,000$295,000
Median cash flow$157,752$193,750
Typical multiple2.2×1.5×
Owner-earnings yield~45%~66%
Median revenue$650,000$638,000
Related comparisons

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