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Buying a business: Michigan vs the U.S. average

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

Michigan

941 active listings
Active listings941
Median asking$350,000
Median cash flow$171,173
Typical multiple2.0×
Owner-earnings yield~49%
Median revenue$740,000
VS

U.S. average

44,097 active listings
Active listings44,097 Edge
Median asking$350,000
Median cash flow$174,028 Edge
Typical multiple2.0×
Owner-earnings yield~50%
Median revenue$735,000

Who wins?

the U.S. average has 4586% more businesses on the market than Michigan (44,097 vs 941). Both markets price at about the same 2.0× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.

MetricMichiganU.S.
Active listings94144,097
Median asking$350,000$350,000
Median cash flow$171,173$174,028
Typical multiple2.0×2.0×
Owner-earnings yield~49%~50%
Median revenue$740,000$735,000
Related comparisons

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

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