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Buying a business: Florida vs New Mexico

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

New Mexico

139 active listings
Active listings139
Median asking$394,900
Median cash flow$237,014 Edge
Typical multiple1.7×
Owner-earnings yield~60%
Median revenue$960,000

Who wins?

Florida has 4182% more businesses on the market than New Mexico (5,952 vs 139). Florida is cheaper at the median asking price. New Mexico trades at a lower multiple (1.7× vs 2.2×), meaning you pay less per dollar of cash flow there.

MetricFloridaNew Mexico
Active listings5,952139
Median asking$350,000$394,900
Median cash flow$157,752$237,014
Typical multiple2.2×1.7×
Owner-earnings yield~45%~60%
Median revenue$650,000$960,000
Related comparisons

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