What is your electrical business worth?
An estimate built from what 266 electrical contractors really sold for, not from asking prices. Takes a minute. No signup.
What electrical contractors actually sold for
Figures are for electrical and mechanical contractors sold on BizBuySell, 2021 to 2025. Multiples are the sale price divided by yearly owner earnings (SDE) or by yearly revenue.
| Lower quartile | Median | Average | Upper quartile | |
|---|---|---|---|---|
| Earnings multiple (SDE) | 1.96x | 2.56x | 2.66x | 3.15x |
| Revenue multiple | 0.39x | 0.54x | 0.6x | 0.72x |
| Yearly owner earnings of those businesses | $215,000 | $385,902 | $534,182 | $667,522 |
| Yearly revenue of those businesses | $1,030,000 | $1,724,323 | $2,712,976 | $3,287,686 |
Median sale price $950,000, median asking price $1,000,000; businesses sold for about 94% of the asking price. Source: BizBuySell valuation benchmarks for electrical and mechanical contractors, read October 2026. BizBuySell groups electrical and mechanical contractors together, so these figures describe both. Consultants in a Box is not affiliated with BizBuySell.
What moves the value of a electrical business
A mix of service and project work, licensed electricians on payroll, a backlog of booked work and commercial relationships push an electrical contractor toward the higher end.
- Size. Larger companies sell for higher multiples. The calculator adjusts the multiple for the size you enter.
- Owner dependence. A business that runs without you on every job is worth more than one that stops when you do.
- Clean, provable books. Buyers and lenders pay for earnings they can verify.
- Recurring revenue and a steady lead flow. Predictable work is easier to finance.
Questions people ask
How much is an electrical contracting business worth?
Electrical and mechanical contractors that sold typically sold for between about 2 and 3.2 times yearly owner earnings (SDE), with a middle of about 2.6 times.
Does a backlog of booked work count?
It helps. A visible backlog and repeat commercial customers make future revenue more believable, which is what a buyer is paying for.
How do I raise the value before selling?
Reduce reliance on yourself, keep clean job-level books, document your pricing and processes, and keep customer and license paperwork in order.
Is this an appraisal?
No. It is a quick estimate from published sale data, meant to start a conversation. A real price depends on your books, your customers, your team and the buyer. For a formal number, use a business broker or a certified appraiser.
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This is an indicative estimate from published sale data, not an appraisal, and not financial, legal or tax advice.