man completing fire damage restoration

Your Guide to Selling a Restoration Business in Charlotte, NC

man completing fire damage restoration

Are you considering exiting your Charlotte restoration company? Whether you’re tired of the unpredictability of scheduling around disasters or retirement is beckoning, there’s some legwork to take care of before you list your business for sale. Following the steps below will help you move forward with selling a restoration business in Charlotte, NC with confidence.


The restoration and remediation industry has shown steady growth over the years and, with an expected increase in demand, it may be the right time to make a profitable exit. However, preparing your business for a new owner is no small task. Prospective restoration company buyers will take a close look at your business. Taking time to address the following items will help you move towards the closing table more efficiently.


One of the most important steps in exit planning is taking the time to consider your goals with moving on from the business. Ask yourself the following:

  • How quickly do I need to sell my business?
  • Are my future plans dependent on this sale?
  • Am I willing to offer full training to the new owner or stay on and offer guidance for a set period?
  • Will current employees stay on after the transaction?
  • Is there any particular type of buyer I’m interested in pursuing?

Detailing an exit strategy will help you get a clearer picture of what lies ahead. It can also help alert you to potential issues that may come up while selling your Charlotte, NC restoration company.


It’s probably obvious, but potential business owners will want to see cash flow that supports your asking price. The restoration industry has a lot of variance in profit margins, depending on what you’re offering. Does your company complete water damage restoration, carpet cleaning, mold removal, emergency services, fire damage repair, or all of the above? Outlining which services are high profit will help showcase the business opportunity for a prospective buyer.


Once you’ve taken a closer look at both your goals and the health of your business, address possible room for improvements. The best time to sell is when things are thriving, so now is not the time to step away from the helm. Make sure any necessary certifications are up to date, ensure your customer base is happy, and implement growth strategies for high-profit restoration services.


Before you list your Mecklenburg county restoration business for sale, it’s critical that you have a fair asking price. We recommend enlisting the services of a third-party professional for this step. This ensures that your emotional connection to the business doesn’t cloud your valuation. Working with a business broker can take personal attachment out of the equation and assure that both you and the new business owner both walk away from the closing table feeling good.

Making your business stand out from the listings of other North Carolina businesses for sale is easier said than done. Give yourself the best shot at a successful sale by working with the professionals at VR Business Brokers of Charlotte. Stay focused on your business; we’ll put our decades of experience to work for you and take the headache out of your selling process. Get in contact with us today to get started!