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Buying a business: Ohio vs Pennsylvania

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

Ohio

998 active listings
Active listings998 Edge
Median asking$350,000
Median cash flow$166,000
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$750,000
VS

Pennsylvania

985 active listings
Active listings985
Median asking$350,000
Median cash flow$172,000 Edge
Typical multiple2.0×
Owner-earnings yield~49%
Median revenue$678,000

Who wins?

Ohio has 1% more businesses on the market than Pennsylvania (998 vs 985). Both markets price at about the same 2.1× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.

MetricOhioPennsylvania
Active listings998985
Median asking$350,000$350,000
Median cash flow$166,000$172,000
Typical multiple2.1×2.0×
Owner-earnings yield~47%~49%
Median revenue$750,000$678,000
Related comparisons

See the full Ohio market or the Pennsylvania market, or set a Buy Box across both and let the matches come to you.

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Turn on the Waterfall, set your thesis, and see the deals that fit — in Ohio, Pennsylvania, or anywhere.