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Buying a business: Kentucky vs Missouri

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

Kentucky

241 active listings
Active listings241
Median asking$425,000
Median cash flow$168,944
Typical multiple2.5×
Owner-earnings yield~40%
Median revenue$905,484
VS

Missouri

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

Who wins?

Missouri has 224% more businesses on the market than Kentucky (782 vs 241). Missouri is cheaper at the median asking price. Missouri trades at a lower multiple (1.9× vs 2.5×), meaning you pay less per dollar of cash flow there.

MetricKentuckyMissouri
Active listings241782
Median asking$425,000$350,000
Median cash flow$168,944$183,939
Typical multiple2.5×1.9×
Owner-earnings yield~40%~53%
Median revenue$905,484$791,203
Related comparisons

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