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Buying a business: Georgia vs Texas

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

Georgia

1,157 active listings
Active listings1,157
Median asking$300,000 Edge
Median cash flow$160,000
Typical multiple1.9×
Owner-earnings yield~53%
Median revenue$709,478
VS

Texas

3,900 active listings
Active listings3,900 Edge
Median asking$340,000
Median cash flow$160,000
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$690,019

Who wins?

Texas has 237% more businesses on the market than Georgia (3,900 vs 1,157). Georgia is cheaper at the median asking price. Georgia trades at a lower multiple (1.9× vs 2.1×), meaning you pay less per dollar of cash flow there.

MetricGeorgiaTexas
Active listings1,1573,900
Median asking$300,000$340,000
Median cash flow$160,000$160,000
Typical multiple1.9×2.1×
Owner-earnings yield~53%~47%
Median revenue$709,478$690,019
Related comparisons

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