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Buying a business: Kansas vs Missouri

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

Kansas

196 active listings
Active listings196
Median asking$535,000
Median cash flow$250,000 Edge
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$814,382
VS

Missouri

782 active listings
Active listings782 Edge
Median asking$350,000 Edge
Median cash flow$183,939
Typical multiple1.9×
Owner-earnings yield~53%
Median revenue$791,203

Who wins?

Missouri has 299% more businesses on the market than Kansas (782 vs 196). Missouri is cheaper at the median asking price. Missouri trades at a lower multiple (1.9× vs 2.1×), meaning you pay less per dollar of cash flow there.

MetricKansasMissouri
Active listings196782
Median asking$535,000$350,000
Median cash flow$250,000$183,939
Typical multiple2.1×1.9×
Owner-earnings yield~47%~53%
Median revenue$814,382$791,203
Related comparisons

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