Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.
Utah has 177% more businesses on the market than New Mexico (385 vs 139). Utah is cheaper at the median asking price. Both markets price at about the same 1.7× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.
| Metric | New Mexico | Utah |
|---|---|---|
| Active listings | 139 | 385 |
| Median asking | $394,900 | $349,500 |
| Median cash flow | $237,014 | $202,926 |
| Typical multiple | 1.7× | 1.7× |
| Owner-earnings yield | ~60% | ~58% |
| Median revenue | $960,000 | $780,152 |
See the full New Mexico market or the Utah 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 New Mexico, Utah, or anywhere.