Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.
North Carolina has 138% more businesses on the market than Tennessee (1,240 vs 521). Tennessee is cheaper at the median asking price. Tennessee trades at a lower multiple (1.4× vs 1.9×), meaning you pay less per dollar of cash flow there.
| Metric | North Carolina | Tennessee |
|---|---|---|
| Active listings | 1,240 | 521 |
| Median asking | $349,000 | $325,000 |
| Median cash flow | $180,000 | $229,288 |
| Typical multiple | 1.9× | 1.4× |
| Owner-earnings yield | ~52% | ~71% |
| Median revenue | $789,365 | $740,000 |
See the full North Carolina market or the Tennessee 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 North Carolina, Tennessee, or anywhere.