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Buying a business: Florida vs Rhode Island

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 Edge
Typical multiple2.2×
Owner-earnings yield~45%
Median revenue$650,000
VS

Rhode Island

200 active listings
Active listings200
Median asking$262,500 Edge
Median cash flow$123,872
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$466,656

Who wins?

Florida has 2876% more businesses on the market than Rhode Island (5,952 vs 200). Rhode Island is cheaper at the median asking price. Both markets price at about the same 2.2× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.

MetricFloridaRhode Island
Active listings5,952200
Median asking$350,000$262,500
Median cash flow$157,752$123,872
Typical multiple2.2×2.1×
Owner-earnings yield~45%~47%
Median revenue$650,000$466,656
Related comparisons

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