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Buying a business: Massachusetts vs Vermont

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

Massachusetts

814 active listings
Active listings814 Edge
Median asking$385,000 Edge
Median cash flow$204,186 Edge
Typical multiple1.9×
Owner-earnings yield~53%
Median revenue$815,877
VS

Vermont

38 active listings
Active listings38
Median asking$472,500
Median cash flow$144,628
Typical multiple3.3×
Owner-earnings yield~31%
Median revenue$1,090,871

Who wins?

Massachusetts has 2042% more businesses on the market than Vermont (814 vs 38). Massachusetts is cheaper at the median asking price. Massachusetts trades at a lower multiple (1.9× 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.

MetricMassachusettsVermont
Active listings81438
Median asking$385,000$472,500
Median cash flow$204,186$144,628
Typical multiple1.9×3.3×
Owner-earnings yield~53%~31%
Median revenue$815,877$1,090,871
Related comparisons

See the full Massachusetts market or the Vermont 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 Massachusetts, Vermont, or anywhere.