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Charlotte County

Selling a Business in Charlotte County

Charlotte County has 220 employer businesses, and 92% of them have fewer than 20 employees. This page shows the local mix of industries and how a sale is handled here.

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LOCAL SNAPSHOT

Charlotte County by the numbers

220

220

EMPLOYER BUSINESSES

92%

92%

SMALL EMPLOYER SHARE

787

787

BUSINESSES WITH NO EMPLOYEES

1,762

1,762

EMPLOYMENT

$72 million

$72 million

ANNUAL PAYROLL

82

82

BUSINESSES WITH 5 TO 49 EMPLOYEES

U.S. Census Bureau, County Business Patterns 2023 and Nonemployer Statistics 2024. Counts are employer establishments, meaning business locations with paid employees.

How Charlotte County compares

  • Charlotte County ranks 112th of 133 Virginia counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.9% between 2018 and 2023.

  • Agriculture, forestry and fishing makes up 7% of employer businesses in Charlotte County, compared with 0% in Virginia.

  • 82 employer businesses here have 5 to 49 employees.

  • Charlotte County ranks 112th of 133 Virginia counties and county equivalents for employer businesses.

  • The number of employer businesses fell 0.9% between 2018 and 2023.

  • Agriculture, forestry and fishing makes up 7% of employer businesses in Charlotte County, compared with 0% in Virginia.

  • 82 employer businesses here have 5 to 49 employees.

Industry mix

The largest industries by number of employer businesses:

  • Retail: 36 employer businesses

  • Repair, personal care and other services: 32 employer businesses

  • Health care and social assistance: 21 employer businesses

  • Transportation and warehousing: 18 employer businesses

  • Construction: 18 employer businesses

The largest industries by number of employer businesses:

  • Retail: 36 employer businesses

  • Repair, personal care and other services: 32 employer businesses

  • Health care and social assistance: 21 employer businesses

  • Transportation and warehousing: 18 employer businesses

  • Construction: 18 employer businesses

INDUSTRIES

What sells in Charlotte County

Retail, repair, personal care and other services, health care and social assistance, transportation and warehousing

Electronics & Repair

Retail Stores

Fashion, Apparel & Jewelry

Retail Stores

Barber Shops

Beauty & Personal Care

Day Spas

Beauty & Personal Care

Auto Parts

Automotive & Boat

Auto Repair

Automotive & Boat

Every kind of business we sell in Charlotte County

We sell businesses in every one of these industries in Charlotte County. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.

Construction & Engineering

17 related employer businesses in Charlotte County.

  • General Contracting: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

Logistics & Transportation

17 related employer businesses in Charlotte County.

Restaurants & Food

13 related employer businesses in Charlotte County.

Gas Stations & Convenience

9 related employer businesses in Charlotte County.

  • Gas Stations: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Manufacturing

9 related employer businesses in Charlotte County.

Financial & Professional Services

7 related employer businesses in Charlotte County.

  • Insurance Agencies: 7 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.

Home Services

5 related employer businesses in Charlotte County.

Senior Care & Living

4 related employer businesses in Charlotte County.

Automotive & Boat

3 related employer businesses in Charlotte County.

  • Auto Repair: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

Medical Practices

3 related employer businesses in Charlotte County.

Retail Stores

3 related employer businesses in Charlotte County.

We sell businesses in every one of these industries in Charlotte County. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.

Construction & Engineering

17 related employer businesses in Charlotte County.

  • General Contracting: 8 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.

  • Landscaping: 6 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.

  • Foundation & Site Prep: 3 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.

Logistics & Transportation

17 related employer businesses in Charlotte County.

Restaurants & Food

13 related employer businesses in Charlotte County.

Gas Stations & Convenience

9 related employer businesses in Charlotte County.

  • Gas Stations: 9 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.

Manufacturing

9 related employer businesses in Charlotte County.

Financial & Professional Services

7 related employer businesses in Charlotte County.

  • Insurance Agencies: 7 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.

Home Services

5 related employer businesses in Charlotte County.

Senior Care & Living

4 related employer businesses in Charlotte County.

Automotive & Boat

3 related employer businesses in Charlotte County.

  • Auto Repair: 3 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.

Medical Practices

3 related employer businesses in Charlotte County.

Retail Stores

3 related employer businesses in Charlotte County.

Working with owners in Charlotte County

Business Advisors of America works with owners who are selling a business in Charlotte County. Contact us to talk about a sale.

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FREQUENTLY ASKED QUESTIONS

Questions owners in Charlotte County ask

How long does it take to sell a business in Charlotte County?

The time depends on the price, the quality of the records and the number of qualified buyers. Many sales take six months or longer from the start of the process to closing.

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How is a business valued in Charlotte County?

Valuation starts with the earnings the business produces for an owner, then adjusts for assets, size, industry and the terms a buyer is likely to accept. The result is a range, and the asking price is set inside it.

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Is the sale confidential?

Buyers are asked to sign a non-disclosure agreement before they see the name of the business or its financial statements.

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FROM OUR BLOG

Guides for owners in Charlotte County

October 3, 2025

Business Owners

Add-Backs: What Counts, What Does Not, and What Buyers Push Back On

Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.

Read article

October 3, 2025

Business Owners

Add-Backs: What Counts, What Does Not, and What Buyers Push Back On

Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.

Read article

March 5, 2026

Business Owners

Buyer Qualification: How We Screen Out the Buyers Who Cannot Close

Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.

Read article

March 5, 2026

Business Owners

Buyer Qualification: How We Screen Out the Buyers Who Cannot Close

Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.

Read article

February 9, 2026

Business Owners

The Confidential Information Memorandum: What Goes In It and Why

The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.

Read article

February 9, 2026

Business Owners

The Confidential Information Memorandum: What Goes In It and Why

The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.

Read article