Skip to main content
DealStratum
Guides · Compare

Buying a business: Indiana vs Ohio

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

Indiana

467 active listings
Active listings467
Median asking$350,000
Median cash flow$172,674 Edge
Typical multiple2.0×
Owner-earnings yield~49%
Median revenue$806,683
VS

Ohio

998 active listings
Active listings998 Edge
Median asking$350,000
Median cash flow$166,000
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$750,000

Who wins?

Ohio has 114% more businesses on the market than Indiana (998 vs 467). Both markets price at about the same 2.0× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.

MetricIndianaOhio
Active listings467998
Median asking$350,000$350,000
Median cash flow$172,674$166,000
Typical multiple2.0×2.1×
Owner-earnings yield~49%~47%
Median revenue$806,683$750,000
Related comparisons

See the full Indiana market or the Ohio market, or set a Buy Box across both and let the matches come to you.

Compare any market
against your buy box.

Turn on the Waterfall, set your thesis, and see the deals that fit — in Indiana, Ohio, or anywhere.