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Buying a business: Maryland vs West 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 Edge
Median asking$400,000 Edge
Median cash flow$192,300
Typical multiple2.1×
Owner-earnings yield~48%
Median revenue$831,000
VS

West Virginia

23 active listings
Active listings23
Median asking$675,000
Median cash flow$202,724 Edge
Typical multiple3.3×
Owner-earnings yield~30%
Median revenue$677,371

Who wins?

Maryland has 2291% more businesses on the market than West Virginia (550 vs 23). Maryland is cheaper at the median asking price. Maryland trades at a lower multiple (2.1× vs 3.3×), meaning you pay less per dollar of cash flow there.

Some figures are still filling in as listings are added to one or both markets — this comparison updates automatically as inventory grows.

MetricMarylandWest Virginia
Active listings55023
Median asking$400,000$675,000
Median cash flow$192,300$202,724
Typical multiple2.1×3.3×
Owner-earnings yield~48%~30%
Median revenue$831,000$677,371
Related comparisons

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