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Buying a business: Kentucky vs Ohio

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 Edge
Typical multiple2.5×
Owner-earnings yield~40%
Median revenue$905,484
VS

Ohio

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

Who wins?

Ohio has 314% more businesses on the market than Kentucky (998 vs 241). Ohio is cheaper at the median asking price. Ohio trades at a lower multiple (2.1× vs 2.5×), meaning you pay less per dollar of cash flow there.

MetricKentuckyOhio
Active listings241998
Median asking$425,000$350,000
Median cash flow$168,944$166,000
Typical multiple2.5×2.1×
Owner-earnings yield~40%~47%
Median revenue$905,484$750,000
Related comparisons

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