The skilled crew and essential work are what attract buyers initially, but the opportunities that hold up best come with a second master electrician already on staff and service revenue from property managers who've been calling the same number for years.
Rejigg lists 39 electrical services businesses for sale. The median asking price is $1.3M. 6 of them were listed in the last 30 days. The states with the most electrical services listings are Florida with 6 listings.
What to know about buying an electrical services business
How electrical services businesses are valued
Asking prices are set as a multiple of earnings: 2x–7x annual profit, depending on service mix, team, and license structure.
Where you land in that range depends on how much of your revenue comes from repeat service work versus one-time construction projects, and whether your electrical license stays with the business after the sale.
Customers who call you back year after year
A licensed electrician who stays after the sale
Signed work in the pipeline
Experienced electricians with long tenure
What buyers of electrical services businesses look for
Home services or building services companies looking to add electrical to their lineup
Established electrical contractors expanding into your market area
First-time buyers with construction or operations backgrounds looking for steady recurring revenue
Multi-trade companies in HVAC, plumbing, or fire protection adding electrical services
The first questions buyers ask:
License Coverage. Who can pull permits the week after closing?
Job Costing. How do you know job costs are real before the job is over?
Change Orders. Do you get paid for scope creep, or do you eat it?
Closed deals
Rejigg electrical services deals closed
Across 42 closed deals on Rejigg, the median time from first pitch to close is 177.5 days.
Practical guidance from hundreds of real acquisition conversations.
Service Revenue Share
Ask what percentage of revenue comes from maintenance contracts and repeat service calls versus one-off construction projects.
Service revenue is more predictable, less dependent on the construction cycle, and tends to come with long-standing customer relationships.
A growing service revenue share over the past three years is one of the strongest signals you can find in an electrical acquisition.
License Structure
A second master electrician already on staff who plans to stay answers the most important question in any electrical acquisition before you even have to ask it.
If the selling owner is the only licensed master electrician, that dependency needs a concrete plan before you move forward.
Ask how permits are pulled today and what the plan is for keeping the business properly licensed under new ownership.
Signed Backlog
Ask for a list of signed work in the pipeline with contract values, margin estimates, and start dates.
A documented backlog with real numbers gives you visibility into the next several months of revenue before you take ownership.
Projects with clear cost estimates already in the system are more valuable than verbal commitments and whiteboard projections.
Crew Tenure and Depth
Ask how long the core crew has been together and whether any key people have expressed plans to leave.
Journeymen and apprentices who've been with the company for years know the customers, the buildings they service, and the systems inside them.
A crew that can produce quality work without intensive supervision is what makes a business easy to step into.
Contractor Relationships
Being on preferred vendor lists with general contractors or property management companies is a real competitive moat.
Those relationships took years to build and aren't easily replicated by a new entrant with a lower price.
Ask which relationships are managed by the owner personally and which are held by project managers or estimators who plan to stay.
Valuation
What Should You Expect to Pay?
2x-4x
SDE
Project-heavy, owner as license holder
4x-7x
EBITDA
Strong service revenue, second master electrician on staff
The spread is driven by how much revenue comes from repeat service and maintenance work versus one-time construction projects, and whether the electrical license and key customer relationships can transfer smoothly.
What drives a premium
Second master electrician on staff committed to staying through and after transition
50%+ of revenue from maintenance contracts and repeat service relationships
Signed project backlog with documented cost and margin estimates
Preferred vendor status with multiple general contractors or property management companies
Thinking About Selling?Read our owner's guide to selling an electrical services business, with valuation tips, buyer expectations, and step-by-step advice.
How do I contact the owner of a business I found on Rejigg?
Create a free Rejigg account; owners, and the brokers who run some sales, only hear from buyers through the platform. Open the listing to see the full profile: city, team size, financials, what is for sale, and the reason for selling. Sign Rejigg's standard Fee & Confidentiality Agreement for that business; it is the same form for every deal. Verify your phone, then send your pitch from the listing. Replies, meetings, and documents all run through Rejigg.
Can I email Rejigg to get introduced to an owner?
No. Rejigg does not forward emails to owners or brokers, so a note to support@ or hello@ with a listing link will not reach them. Create a free account, open the listing, sign the agreement for that business, verify your phone, and send your pitch; that reaches them in a few minutes.
Who can pull permits the week after closing?
Buyers are checking whether you can legally keep jobs moving on Day 1. They want to know who the qualifier is and what jurisdictions you can actually permit in, plus what the plan is if that person resigns, gets pulled into the field, or cannot qualify immediately after closing.
How do you know job costs are real before the job is over?
They’re looking for proof your margins are repeatable across crews and project types. In electrical, the giveaway is whether you catch labor overruns and material miss-buys while the job is still running, and whether time and purchases get coded to the right job instead of dumped into a catch-all bucket.
Do you get paid for scope creep, or do you eat it?
On fixed-price electrical work, change orders often decide whether a “good year” was real. Buyers want to see a field-to-office process that prices changes fast and actually collects, plus clear rules on written approval, safety exceptions, and what typically gets stuck with the GC.
Where does cash get stuck: retainage, disputes, or slow billing?
Electrical businesses often look fine on paper and still feel starved for cash. Buyers are trying to understand how much money is tied up in retainage, how disciplined your billing cycle is, and whether older receivables are explainable and collectible or just sitting there.
How do buyers evaluate backlog for an electrical contractor?
Buyers treat backlog as real only when it’s signed and buildable with your actual crews. They also pressure-test what can delay starts in electrical work, like permits, utility coordination, and long-lead items such as switchgear, panels, and gear deliveries.
What do you personally touch every week that would break without you?
Buyers price how transferable the operation is. In electrical, the usual choke points are estimating, service dispatch, permit admin, and a handful of GC or property manager relationships. If every answer ends with “I jump in,” buyers assume they’re buying your personal output.