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Buying a business: Idaho vs Wyoming

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

Idaho

231 active listings
Active listings231 Edge
Median asking$359,248 Edge
Median cash flow$172,805
Typical multiple2.1×
Owner-earnings yield~48%
Median revenue$751,721
VS

Wyoming

116 active listings
Active listings116
Median asking$632,500
Median cash flow$182,200 Edge
Typical multiple3.5×
Owner-earnings yield~29%
Median revenue$973,668

Who wins?

Idaho has 99% more businesses on the market than Wyoming (231 vs 116). Idaho is cheaper at the median asking price. Idaho trades at a lower multiple (2.1× vs 3.5×), meaning you pay less per dollar of cash flow there.

MetricIdahoWyoming
Active listings231116
Median asking$359,248$632,500
Median cash flow$172,805$182,200
Typical multiple2.1×3.5×
Owner-earnings yield~48%~29%
Median revenue$751,721$973,668
Related comparisons

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