INDUSTRY SELLER GUIDE
Sell your electrical business in Oklahoma City.
Buyers will look beyond a full job calendar to the quality of the backlog, estimating discipline and licensed team. Show how service work, tenant improvements and construction projects each contribute to earnings.
LOOK THROUGH A BUYER’S EYES
What makes your business understandable—and transferable?
A buyer needs to see how the business produces cash, what resources it needs and what changes when you leave. These are the operating details to bring into the conversation.
Gross profit by service, commercial project and residential project
Contract backlog, percentage complete and remaining costs
Licensed workforce, utilization and subcontractor dependence
Retainage, receivables aging and largest customer exposure
BEFORE YOU GO TO MARKET
Preparation that makes diligence easier.
- Prepare a job-by-job work-in-progress schedule.
- Reconcile change orders and identify unapproved amounts.
- Document estimating assumptions, job costing and safety procedures.
- Confirm licensing, bonding and insurance continuity with the appropriate parties.
How does your business compare?
Tell us your asking price, earnings and owner role. We’ll start with your situation—not a generic industry multiple.
Request a confidential review ↗PREPARE YOUR ANSWERS
Questions a serious buyer may ask.
Who can estimate and supervise work after the owner leaves?
Which contracts need customer consent to an ownership change?
Does the backlog generate cash or require substantial upfront funding?
Support your answers with records and procedures where possible. Keep customer identities and detailed financials out of public listings; disclose them through an appropriate confidentiality process.
AVOID PREVENTABLE SURPRISES
Details that can slow down a sale.
- Counting unsigned proposals as contracted backlog
- Missing losses on partially completed projects
- Assuming a buyer can inherit the seller's qualifying license
If property, leases, permits or professional licenses are involved, identify consent and transfer requirements early. Ownership changes do not automatically transfer every approval.
YOUR BUSINESS. YOUR NEXT MOVE.
Let’s talk about your electrical business.
Serving Oklahoma City, Yukon, Edmond, Mustang, Moore, Norman and the surrounding Central Oklahoma market.
Call 405-295-0025 ↗