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Buying a business: Florida vs Texas

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

Florida

5,949 active listings
Active listings5,949 Edge
Median asking$350,000
Median cash flow$157,752
Typical multiple2.2×
Owner-earnings yield~45%
Median revenue$650,000
VS

Texas

3,899 active listings
Active listings3,899
Median asking$340,000 Edge
Median cash flow$160,000 Edge
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$690,019

Who wins?

Florida has 53% more businesses on the market than Texas (5,949 vs 3,899). Texas 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.

MetricFloridaTexas
Active listings5,9493,899
Median asking$350,000$340,000
Median cash flow$157,752$160,000
Typical multiple2.2×2.1×
Owner-earnings yield~45%~47%
Median revenue$650,000$690,019
Related comparisons

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