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Buying a business: Maryland vs Virginia

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

Maryland

550 active listings
Active listings550
Median asking$400,000
Median cash flow$192,300 Edge
Typical multiple2.1×
Owner-earnings yield~48%
Median revenue$831,000
VS

Virginia

851 active listings
Active listings851 Edge
Median asking$322,000 Edge
Median cash flow$150,768
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$717,430

Who wins?

Virginia has 55% more businesses on the market than Maryland (851 vs 550). Virginia is cheaper at the median asking price. Both markets price at about the same 2.1× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.

MetricMarylandVirginia
Active listings550851
Median asking$400,000$322,000
Median cash flow$192,300$150,768
Typical multiple2.1×2.1×
Owner-earnings yield~48%~47%
Median revenue$831,000$717,430
Related comparisons

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

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