Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.
Illinois has 450% more businesses on the market than Iowa (1,106 vs 201). Iowa is cheaper at the median asking price. Illinois trades at a lower multiple (2.5× vs 2.8×), meaning you pay less per dollar of cash flow there.
| Metric | Illinois | Iowa |
|---|---|---|
| Active listings | 1,106 | 201 |
| Median asking | $450,000 | $440,000 |
| Median cash flow | $180,547 | $156,138 |
| Typical multiple | 2.5× | 2.8× |
| Owner-earnings yield | ~40% | ~35% |
| Median revenue | $804,805 | $737,172 |
See the full Illinois market or the Iowa market, or set a Buy Box across both and let the matches come to you.
Turn on the Waterfall, set your thesis, and see the deals that fit — in Illinois, Iowa, or anywhere.