How to Value and Sell Your Electrical Business

Every trade business owner eventually wants to get off the tools. But is your business actually sellable, or is it just "you in a van"?

1. What makes it sellable?

Buyers look for Recurring Revenue (maintenance contracts) and Systems (staff who can work without you). If the business stops when you stop, it's not worth much.

2. Valuation Methods

Trade businesses typically sell for 2x to 3x SDE (Seller's Discretionary Earnings).
Example: If you make $150k profit + $100k owner wage = $250k SDE. Valuation = $500k - $750k.