Electrical Contractors in Rhode Island typically sell for 4-7x EBITDA. WETYR acquires directly and confidentially statewide. On $1M - $25M of revenue that generally means $300K - $5M of owner earnings. No listing, no commission, no auction.
Why Rhode Island electrical contractor owners sell to WETYR
Rhode Island owners come to us for the same reasons owners everywhere do, burnout after years of carrying the business alone chief among them, but with one hard requirement: confidentiality. A public listing or broker teaser tells your staff, your customers, and every competitor in New England that you are leaving. A direct sale to WETYR does not. EV infrastructure, data centers, solar attachment, residential service growth
What a Rhode Island electrical contractor is worth
We value on normalized earnings, not top-line revenue. After adding back owner compensation above a market replacement, one-time costs, and personal expenses, we apply the electrical contractor range of 4-7x EBITDA. Master Electrician license, EV charging tailwind, data center buildout pushes toward the top; owner dependence, customer concentration, and messy books pull toward the bottom.
Who competes to buy electrical contractors
Private equity platforms and strategic consolidators (Sila Services, regional electrical roll-ups) are the loud buyers, but they screen hard, move slowly, and re-trade at diligence. WETYR is the operator alternative: we buy to run, not to flip, so we can move quickly and keep it private. We also advise Rhode Island owners who want to run a limited competitive process to the right strategic and financial buyers without ever going fully public.
| Factor | WETYR (operator-buyer) | PE platform | Individual buyer |
|---|---|---|---|
| Typical offer basis | 4-7x EBITDA | Highest headline number | Financing-dependent |
| Time to close | 30 to 75 days | 6 to 12 months | 3 to 9 months |
| Stays confidential | Yes, no public listing | Committee and advisors see it | Usually broker-marketed |
| Fees to you | $0, we buy as principal | Broker 8 to 12% if listed | Broker 8 to 12% |
| Re-trade risk at diligence | Low | High | Medium to high |
| Who runs it after close | WETYR operates it | Installs their own team | New owner learns the business |
Statewide coverage in Rhode Island
We buy electrical contractors across Rhode Island, from the largest metros to rural operators. Location within the state does not change our process; your numbers and readiness do. Reach out and we will tell you honestly what your business is worth and whether we are a direct fit.
Get a confidential valuation
Tell us a little about your electrical contractor in Rhode Island. We reply with an indicative value range and whether we are a direct fit, within one business day. No obligation, no listing, nothing public.
Rhode Island electrical contractor sale FAQ
What is an electrical contractor in Rhode Island worth?
Most electrical contractors trade at 4-7x EBITDA. The number that matters is your normalized owner earnings (SDE or EBITDA after adding back one-time and owner-specific costs), multiplied by a range set by size, recurring revenue, licensing, and how dependent the business is on you. On roughly $1M - $25M of revenue we typically see $300K - $5M of earnings. Send the numbers and we will give you an indicative range within a day.
How long does it take to sell an electrical contractor in Rhode Island?
A direct sale to WETYR can close in 30 to 75 days because there is no listing, no broker marketing cycle, and no auction. A brokered or PE-marketed process usually runs 6 to 12 months and puts your confidential financials in front of dozens of strangers. Location does not change the mechanics; readiness of your books does.
Do I have to list my business publicly to sell it?
No. That is the single biggest fear owners raise, and the reason many never start. WETYR buys directly and privately. Your staff, customers, and competitors do not find out unless and until you decide to tell them. Nothing goes on BizBuySell, no sign goes up, no teaser circulates.
What does WETYR charge to sell my electrical contractor?
When we buy directly, you pay us nothing; we are the principal, not a broker taking 8 to 12 percent of your proceeds. When we advise on a sale to a third party, fees are agreed up front and disclosed in writing. Either way you know the economics before anything moves.
What makes an electrical contractor sell for a higher multiple?
Master Electrician license, EV charging tailwind, data center buildout. Concretely: recurring or contracted revenue, a team that runs the day-to-day without you, clean books, and current licensing (Master Electrician license, NEC compliance). We tell you honestly which levers are worth pulling before a sale and which are not worth the delay.
Sell your electrical contractor in Rhode Island
Confidential, direct, and fast. Talk to the operator, not a broker.