Charlotte Water Damage Restoration Co. – 15+ Yrs, HOA, Multi-family
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Established Charlotte-area water mitigation, remediation, and reconstruction company with 15+ years in business. It specializes in condominiums, HOAs, multifamily, and property management portfolios.
The company has a proven track record, with peak revenue near $6 million, and gross margins are back near peak levels. It offers a mitigation-focused approach that lowers total claim cost for property owners, established referral relationships, documented operating systems, and a full equipment and vehicle base.
Revenue declined in recent years and the company has restructured, which makes this a turnaround opportunity for a buyer or partner with capital and sales capacity. The owner is open to a full sale, merger, or partnership and will support the transition.
Details are available to qualified parties after signing an NDA.
The company has a proven track record, with peak revenue near $6 million, and gross margins are back near peak levels. It offers a mitigation-focused approach that lowers total claim cost for property owners, established referral relationships, documented operating systems, and a full equipment and vehicle base.
Revenue declined in recent years and the company has restructured, which makes this a turnaround opportunity for a buyer or partner with capital and sales capacity. The owner is open to a full sale, merger, or partnership and will support the transition.
Details are available to qualified parties after signing an NDA.
About the Business
- Years in Operation
- 17
- Employees
- 7 (4 Full-time, 1 Part-time, 2 Contractors)
- Facilities & Assets
- Leased warehouse and office facility in the Charlotte metro. It includes administrative offices, warehouse space, equipment staging, and fleet parking. The business owns a full inventory of water mitigation and drying equipment: dehumidifiers, air movers, specialty and desiccant drying systems, injector drying systems, remote monitoring units, moisture mapping and infrared tools, and documentation technology (DocuSketch 360). It also owns emergency response, transport, and project management vehicles. Operating systems include DASH job management, CRM and referral tracking, and documented SOPs. An itemized equipment and vehicle list is available after signing an NDA.
- Market Outlook / Competition
- The Charlotte metro is one of the fastest-growing regions in the Southeast. It has a large, expanding base of condominiums, townhome communities, HOAs, and multifamily properties. Competitors include national franchise brands and many small independent contractors. Most follow a demolition-and-reconstruction model and handle complex ownership environments poorly: governing documents, common elements versus unit responsibility, and multi-unit losses. Rising insurance premiums and deductibles push property owners and managers to control total claim cost.
- Opportunities for Growth
- The business has already done nearly $6M in annual revenue (2023), with the same systems and market it has today. The biggest near-term gain is rebuilding sales and marketing capacity, which fell sharply in 2024–2025.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $6,500 per month
About the Sale
- Seller Motivation
- Seeking a buyer or partner with capital to rebuild sales and scale the platform.
- Transition Support
- The owner will stay through the transition to introduce the new owner or partner to property management, HOA, and multifamily referral relationships. He will also train staff on the company's mitigation-first drying methods, the ERP+ program, and its documentation and insurance workflows. Written SOPs and system workflows transfer with the business. The owner is open to a longer ongoing role in a partnership or merger structure. Length of transition support is negotiable.
- Financing Options
- 2023 revenue $5.96M; restructured 2025–26. Full financials under NDA.
Listing Info
- ID
- 2557068
- Listing Views
Listing ID: 2557068 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for Sale Building & Construction Service Businesses for Sale Other Services Businesses for Sale
Similar Listings
Saved Businesses limit reached.
Remove some Saved Businesses.
Remove some Saved Businesses.
