The Electrical Contractor
A licensed, in-demand, high-ticket trade where the truck is the unit and utilization is the profit. Here is how an electrical contractor actually pencils, and why recurring agreements and service work (not new construction) drive the steady money.
Read the launch plan: every step from deciding to opening, free →The Snapshot
Is this worth your attention?
Cited sources Typical bands for this kind of business, compiled from the public sources listed under Sources and method; they are a synthesis, not figures copied from any one source. Estimates, not forecasts; a specific business varies with its location, lease, equipment and owner. Last reviewed 2026-07-07. smbnest is a self-assessment tool, not individualized advice.
A fit if you...
- Hold or can hire a license and lead a field crew
- Want an essential, recession-resistant trade
- Will build recurring agreements, not just chase emergencies
- Can run dispatch, lead-gen, and the numbers
Probably not if you...
- Want a passive, absentee investment from day one
- Dislike managing techs and being on call
- Cannot recruit or retain licensed labor
- Have no appetite for marketing and lead generation
Step Inside the Layout
A live look at one tool inside
This is the actual 3D floor from the full model. Drag to explore it. Inside, you configure the space yourself and watch the economics move with every choice.
Sources and method12 public sources, with the year and a link where the source gives one. The benchmark bands are smbnest's synthesis of these sources, not figures copied from them.
Sources & Method
Figures are compiled from the public sources below; the bands are a synthesis of them, not copies
How these numbers were built: electrician wages come from the BLS OEWS/OOH (SOC 47-2111, median $62,350/yr in May 2024); per-company revenue and owner earnings are anchored to franchise FDD Item 19 average unit volumes for a leading electrical brand (Mr. Electric, ~$782k AUV (median ~$488k)), cross-referenced against the scale of public operators (national service brands); industry structure comes from the U.S. Census Bureau (NAICS 238210); financing terms come from the SBA; and survival and loan-default signals come from Census/BLS business-dynamics data and published SBA-performance analyses. Utilization, ticket, lead cost, the labor and fleet stack, and agreement mix in the simulator are industry-typical placeholders calibrated to these sources; replace them with a real shop's numbers. FDD figures were read from public Item 19 financial-performance representations. Opening costs come from an item-by-item opening kit priced at dealers and retailers and checked against franchise Item 7 tables, and resale multiples come from BizBuySell’s sold-business data. Figures are current as of 2024-2026.
Cost ratios and operational metrics are calibrated to the same sources already cited in this file (BLS electrician wages and the Mr. Electric FDD Item 19 average unit volumes); the FDD does not publish a full operating-ratio breakdown, so percentages are directional estimates built around the sourced revenue and margin figures.
This is just the surface
The full model is the complete, interactive deep-dive, and every business here is built to the same standard: a live economics simulator you tune to your own numbers, an interactive 3D walkthrough, a location scorecard, an owner-fit assessment, a buy-versus-build comparison, and the full breakdown of how it makes money and what quietly kills margin.
then $29 a month
Time to choose and start, then month to month.
$99 today for your first 3 months, then $29 a month until you cancel.
about $17 a month
The best price: a year to decide, open and run it.
$199 today, then $199 each year until you cancel.
Renews until you cancel. Cancel any time from your account; you keep access to the end of the period you paid for, and your saved plans stay in your account. What membership opens
smbnest is a self-assessment tool. It does not give individualized financial, investment, legal or tax advice. Figures are estimates and benchmarks, not forecasts. Speak with a qualified financial adviser and a licensed attorney before you start, buy, finance or sign anything.