Owner intake · Electrical
For Electrical owners in the US·Free, no email to see the range
What is my electrical business worth
Electrical contractors are valued on their backlog and on how much of the work is service rather than bid. Steady service revenue with a licensed crew is the version buyers compete for.
- 2.4x–3.8x
- Multiple we apply
- 6
- Questions
- $0
- Cost to you
Applied to profit before your own pay, then moved inside that range for the size of the earnings and the years you have traded. It is a range, not an appraisal.
Your range, in six questions
What moves the number in electrical
Service against bid work
Service and small commercial repeat. Bid-and-spec work has to be won again every quarter, and buyers price that risk in.
Signed backlog
Work already contracted, with dates and prices, is the closest thing to certainty a buyer gets. Show it and it supports the number.
Licensed journeymen and apprentices
The bench is the asset. Buyers pay for a crew that can staff the work without hiring in a tight market.
Concentration
If one general contractor or one property manager is a third of your revenue, expect a discount or an earn-out. Spread is worth money.
Questions owners ask us first
- How much is an electrical contracting business worth
- We use 2.4x to 3.8x profit before the owner's pay for electrical, adjusted for the size of those earnings and how long you have traded. A range on the numbers you enter takes about two minutes.
- Will a buyer care about my backlog
- It is one of the first two things they ask for, with the tax returns. Signed work with dates on it is what turns a range into an offer.
What these businesses actually sold for
Closed sales pooled from 2021 to 2025, reported by BizBuySell under Electrical and mechanical contracting. Not our figures, and worth reading against ours.
- 2.66x
- Multiple achieved
- $845K
- Median sale price
- $1.7M
- Median revenue
- $386K
- Median earnings
That is one average across every business in the category, including the small owner-dependent ones. Half of them land inside a band roughly twice as wide, and size sorts them. What trades businesses actually sold for has every trade, the quartile spread, the sources, and why the 8x figures you have read elsewhere do not apply to a business this size.
Before you trust the number
We publish the arithmetic in full: the earnings a buyer prices, the multiple for each trade, the two adjustments, and the things we deliberately leave out. How buyers value a trades business.
Other trades