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Buying a business: Iowa vs Wisconsin

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

Iowa

201 active listings
Active listings201
Median asking$440,000 Edge
Median cash flow$156,138
Typical multiple2.8×
Owner-earnings yield~35%
Median revenue$737,172
VS

Wisconsin

398 active listings
Active listings398 Edge
Median asking$562,500
Median cash flow$200,935 Edge
Typical multiple2.8×
Owner-earnings yield~36%
Median revenue$760,601

Who wins?

Wisconsin has 98% more businesses on the market than Iowa (398 vs 201). Iowa is cheaper at the median asking price. Both markets price at about the same 2.8× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.

MetricIowaWisconsin
Active listings201398
Median asking$440,000$562,500
Median cash flow$156,138$200,935
Typical multiple2.8×2.8×
Owner-earnings yield~35%~36%
Median revenue$737,172$760,601
Related comparisons

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

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against your buy box.

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