Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.
Minnesota has 878% more businesses on the market than South Dakota (851 vs 87). Minnesota trades at a lower multiple (2.9× vs 3.5×), meaning you pay less per dollar of cash flow there.
| Metric | Minnesota | South Dakota |
|---|---|---|
| Active listings | 851 | 87 |
| Median asking | $500,000 | $500,000 |
| Median cash flow | $174,000 | $143,297 |
| Typical multiple | 2.9× | 3.5× |
| Owner-earnings yield | ~35% | ~29% |
| Median revenue | $819,507 | $718,167 |
See the full Minnesota market or the South Dakota market, or set a Buy Box across both and let the matches come to you.
Turn on the Waterfall, set your thesis, and see the deals that fit — in Minnesota, South Dakota, or anywhere.