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Buying a business: New York vs Vermont

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

New York

2,646 active listings
Active listings2,646 Edge
Median asking$425,000 Edge
Median cash flow$185,110 Edge
Typical multiple2.3×
Owner-earnings yield~44%
Median revenue$850,000
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?

New York has 6863% more businesses on the market than Vermont (2,646 vs 38). New York is cheaper at the median asking price. New York trades at a lower multiple (2.3× 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.

MetricNew YorkVermont
Active listings2,64638
Median asking$425,000$472,500
Median cash flow$185,110$144,628
Typical multiple2.3×3.3×
Owner-earnings yield~44%~31%
Median revenue$850,000$1,090,871
Related comparisons

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