Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.
Montana has 21% more businesses on the market than South Dakota (105 vs 87). South Dakota is cheaper at the median asking price. Montana trades at a lower multiple (3.1× vs 3.5×), meaning you pay less per dollar of cash flow there.
| Metric | Montana | South Dakota |
|---|---|---|
| Active listings | 105 | 87 |
| Median asking | $642,000 | $500,000 |
| Median cash flow | $206,072 | $143,297 |
| Typical multiple | 3.1× | 3.5× |
| Owner-earnings yield | ~32% | ~29% |
| Median revenue | $815,089 | $718,167 |
See the full Montana 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 Montana, South Dakota, or anywhere.