Electrical businesses for sale, listed confidentially.
Residential service and commercial electrical contractors from $500K to $10M of EBITDA. Anonymous listings, staged identity release, and seller-approved introductions.
No cost to review deal flow. Fee is paid at close.
Electrification is adding demand lines that did not exist a decade ago.
Panel upgrades, EV charging, battery storage, and generator installation are growing on top of a stable service base. Recent sector transactions:
Where the electrical opportunities are
Electrical is the trade where the two halves of the business are least alike. Residential service electrical looks like HVAC service: dispatched calls, short cycles, homeowner customers, high margins. Commercial and industrial electrical construction looks like a project business: bid work, general contractor relationships, retainage, and bonding. Most acquisition mistakes in this trade come from paying a service multiple for construction revenue.
Service revenue prices well above project revenue
A residential service book with strong ticket averages, repeat customers, and a maintenance or membership program supports the highest multiples in the trade. Bid-based construction revenue is discounted because backlog is finite, margins compress under competitive bidding, and working capital is tied up in retainage. Separate the two in the financials before pricing anything.
The electrification demand stack
Panel and service upgrades, EV charger installation, whole-home generators, and battery storage are the genuine growth lines. They share a useful property: each is a discrete, permitted, high-ticket job that pulls the electrician into the home, where additional work is identified. Companies that have built these lines deliberately, rather than taking the occasional job, show visibly better revenue per customer.
Master electrician licensing is the structural constraint
Nearly every state requires work to be performed under a licensed master electrician, and in owner-operated companies that license belongs to the owner. This is the most common closing complication in the trade. If the owner is leaving and no employee holds a master license, the business cannot legally operate on day one. Resolve it in diligence with a retention arrangement, a licensed hire, or a defined transition period.
Commercial service and facility maintenance
A commercial book built on recurring service and facility maintenance rather than bid construction is the most valuable variant of commercial electrical. Lighting maintenance, emergency response, and code-compliance work for property managers and multi-site owners generate repeat revenue and price closer to service multiples than project multiples.
What to underwrite in electrical specifically
- Service versus construction split. Revenue, gross margin, and working capital by segment. The most consequential schedule in electrical diligence.
- Master license transition. Who holds it, whether any employee qualifies, and what the plan is at close.
- Backlog quality. For construction revenue: signed versus verbal, margin by job, and change-order history.
- Bonding and retainage. Bonding capacity, outstanding retainage, and how much cash is tied up in it.
- New-line durability. EV charging and storage revenue can be incentive-dependent. Test the demand without the incentive.
How you get from listing to introduction.
Identity is released in stages, and the seller controls the final step.
Confirm your firm, available capital, and acquisition mandate. This is what lets us promise sellers their information reaches real buyers.
Financial profile, recurring revenue mix, team structure, geography, and seller intent, with no identifying details.
Execute a confidentiality agreement for the specific business you want to pursue.
The owner approves the introduction, and you deal directly with them rather than through an intermediary.
Electrical buyer questions.
What do electrical contracting businesses sell for?
Residential and commercial service-weighted electrical companies generally transact between roughly 5x and 7x EBITDA, with larger service platforms above $2M of EBITDA reaching higher. Construction and bid-weighted contractors typically price between 3x and 5x because backlog is finite and margins are bid-dependent.
Why does the service versus construction split matter so much?
Because they are different businesses with different economics. Service revenue is dispatched, higher margin, and repeatable, with working capital cycles measured in days. Construction revenue depends on winning the next bid, carries compressed margins, and ties up cash in retainage. Applying one multiple to a blended number almost always overpays for the construction share.
How risky is the master electrician license issue?
It is the most common structural complication in electrical acquisitions. Work must be performed under a licensed master electrician, and in owner-operated companies the owner usually holds it. If the owner exits without a licensed employee in place, operations stop. The standard fixes are a retention arrangement, hiring a licensed master before close, or a defined transition period with the seller.
Is EV charging and battery storage revenue durable?
Partly. Panel upgrades and generator work are driven by aging electrical infrastructure and reliability concerns, which are durable. EV charging and storage often carry utility or tax incentives that can change. Model those lines with and without incentive support so you know what you are actually buying.
Can I register an electrical-specific mandate?
Yes. Verified buyers filter by trade, geography, EBITDA range, and recurring revenue mix, and can register a mandate so matching electrical listings surface as they arrive.
Get in front of electrical deal flow.
Verification takes minutes. Reviewing listings costs nothing.