Commercial contracts and a licensed, retained crew raise value. Heavy reliance on the owner's personal licenses or relationships lowers it.
Buyers typically value electrical contracting businesses on SDE, at multiples generally roughly 2x–4x SDE. That's a starting point, not an appraisal — what you should actually pay depends on recurring revenue, owner-dependence, customer concentration, and the condition of equipment. Verify the seller's earnings against tax returns before trusting any number.
See our buyer's valuation guide and financing guide.
Electrical Contracting Businesses generally trade around roughly 2x–4x SDE on SDE. Adjust up for recurring contracts and a retained crew, down for owner-dependence. Confirm with a valuation and due diligence.