Sell your Electrical business.

Licensed residential-and-light-commercial electrical contractors with recurring service revenue are the sweet spot for both PE-backed platforms and self-funded searchers. Multi-trade platforms (HVAC + plumbing + electrical) are aggressively acquiring in top Sun Belt metros, and standalone electrical roll-ups have started to emerge.

Beyond market conditions, three business-specific signals mean you're ready to go to market: (a) three years of clean accrual-basis financials, (b) reduced owner-dependence — either a GM in place or the operator working under 30 hours/week, and (c) meaningful recurring or contract revenue (25%+ is the multiple-moving threshold for Electrical). When those three are true, buyers underwrite you confidently and multi-bidder processes clear at the top of the range.

The single biggest driver of sale price isn't the buyer you find — it's how prepped the business is when you go to market. Electrical businesses that show up well-prepped consistently trade at multiples 20–40% higher than unprepped competitors. The prep priorities for Electrical specifically:

Electrical businesses are priced on one of two earnings figures depending on size: SDE (Seller's Discretionary Earnings) below roughly $1M, transitioning to EBITDA above. Applied to Electrical specifically, the base multiple ranges are 2.5x–3.75x SDE and 4x–6.5x EBITDA. Where inside that range your business lands is decided by these metrics buyers actually diligence:

The single most useful thing to know before you engage a broker is who the buyers are. For Electrical, four archetypes dominate: Multi-trade home-services platforms, Regional electrical holding companies, Self-funded searchers, Strategic acquirers in adjacent trades. Different buyers want different things and pay differently.

On the strategic / rollup side, the platforms most active in Electrical Main Street acquisitions right now include Apex Service Partners, Redwood Services, Frontline Home Solutions, Metric Home Services. On the individual side, self-funded searchers backed by SBA financing are increasingly competitive for sub-$1M-EBITDA businesses. The right buyer type for you depends on your target check size, your post-close plans (walk away vs. roll equity), and your business's specific profile.

The single biggest mistake electrical owners make is accepting the first proactive offer that lands in their inbox. Strategic acquirers and PE-backed platforms actively source deals off-market at 15–30% below what a multi-bidder process would clear. If a platform is calling you unprompted, they're calling every Electrical operator your size in your region — they've done the math.

A real process means: (a) engage a vetted broker who specializes in Electrical, (b) run a targeted outreach to 20–40 curated buyers rather than a public listing, (c) collect multiple LOIs before choosing, (d) negotiate terms as hard as price — earnouts, rollover equity, transition period, and non-compete scope all move the effective deal value materially.

License-transfer clauses drive the timing of many electrical deals. Most sub-$3M-revenue closes are SBA-financed with the master electrician on a 12-month consulting agreement post-close. Multi-trade platform buyers typically want to combine the acquisition with existing HVAC or plumbing operators in the same metro.

Closing timeline: signed LOI to signed purchase agreement is typically 90–120 days. Working capital target — how much cash/receivables/inventory transfers with the business — is negotiated during LOI and is a frequent source of last-minute deal friction. Have your CPA model the working capital baseline (average of last 12 months) BEFORE you sign the LOI so it doesn't become a negotiation lever mid-diligence.

Post-close transitions in electrical range from 30-day handoffs (walk-away sales to searchers) to 24-month consulting arrangements (rollup deals with rollover equity). Match the structure to your post-close life plan — a transition that fits your goals is more valuable than a headline number.

Tax planning: work with a CPA who has done Electrical sales before. Asset sale vs stock sale, seller financing, installment sales, and rollover-equity structures all carry different tax implications. Model them 6+ months before close.