# Master electrician license

A term used when buying electrical contracting.

The top-tier electrical license a contractor needs on staff to pull permits and sign off work.

The license, not the trucks or the customer list, is the scarcest asset in the deal. If it leaves with the seller and nobody on staff holds one, the company has at most a short window to name a replacement, sixty days in Florida, before it must stop contracting. Find out who holds it, whether they intend to stay, and what it would take to keep them, and treat that answer as part of the price. Where the answer is nobody, the search for a master is the real closing condition.

Part of: Buying an Electrical Contracting Business (https://searchspheresource.com/guides/buying-an-electrical-contracting-business)

Source: https://searchspheresource.com/guides/buying-an-electrical-contracting-business/terms/master-electrician-license
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt