Two markets side by side — inventory, pricing, and what you actually pay per dollar of cash flow, from live Waterfall data.
Wyoming has 33% more businesses on the market than South Dakota (116 vs 87). South Dakota is cheaper at the median asking price. Both markets price at about the same 3.5× cash-flow multiple, so you pay a similar earnings premium either way — the difference is selection and entry price, not valuation.
| Metric | South Dakota | Wyoming |
|---|---|---|
| Active listings | 87 | 116 |
| Median asking | $500,000 | $632,500 |
| Median cash flow | $143,297 | $182,200 |
| Typical multiple | 3.5× | 3.5× |
| Owner-earnings yield | ~29% | ~29% |
| Median revenue | $718,167 | $973,668 |
See the full South Dakota market or the Wyoming 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 South Dakota, Wyoming, or anywhere.