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Buying a business: Texas vs Washington

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

Texas

3,899 active listings
Active listings3,899 Edge
Median asking$340,000 Edge
Median cash flow$160,000
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$690,019
VS

Washington

672 active listings
Active listings672
Median asking$380,000
Median cash flow$176,846 Edge
Typical multiple2.1×
Owner-earnings yield~47%
Median revenue$790,095

Who wins?

Texas has 480% more businesses on the market than Washington (3,899 vs 672). Texas is cheaper at the median asking price. 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.

MetricTexasWashington
Active listings3,899672
Median asking$340,000$380,000
Median cash flow$160,000$176,846
Typical multiple2.1×2.1×
Owner-earnings yield~47%~47%
Median revenue$690,019$790,095
Related comparisons

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

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