Iron Works Steel Supply, LLC
How we got $643K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 16% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Likely to sell
- In business 46 years (since 1980)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Iron Works Steel Supply LLC provides custom fabricated metal products with decorative flair, such as fencing, rails and entry gates, and sells steel supplies. It has served Miami, OK and the surrounding area since 1980.
From the company's website. Industry: Ornamental and Architectural Metal Work Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| IRON WORKS STEEL SUPPLY, LLC this business | $1.6M | — |
| WORKHORSE SOLUTIONS, LLC Monkey Island · 8 employees | $4.1M | 19.3 mi |
| NEO METALS LLC Grove · 1 employees | $531K | 19.8 mi |
| ATLAS STEEL PRODUCTS, INC. Vinita · 22 employees | $7.9M | 22.2 mi |
| DIAMOND W SERVICES LLC Jay · 1 employees | $553K | 31.5 mi |
| VANOVER METAL BUILDING SALES,INC. Eucha · 9 employees | $4.3M | 32.8 mi |
| HENSON MANUFACTURING & SALES I Adair · 17 employees | $13.9M | 37.8 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $247K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $643K |
| Multiple for this size and industry | 2.6× |
| Value range | $338K – $879K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $163K – $282K |
| Industry (NAICS) | Ornamental and Architectural Metal Work Manufacturing (332323) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingThe First National Bank and Trust Company of MiamiPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| The First National Bank and Trust Company of Miami PPP 2020 | All 82 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $29K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Iron Works Steel Supply, LLC
Iron Works Steel Supply, LLC is an ornamental and architectural metal work manufacturing company in Miami, Oklahoma, in business since 1980. It is owned by John Scores. Its estimated annual revenue is about $1.6M, with roughly $247K of EBITDA. It has about 6 employees. Its estimated business value is $643K (likely range $338K–$879K).
Common questions
- Who owns Iron Works Steel Supply, LLC?
- Iron Works Steel Supply, LLC is owned by John Scores, according to public sources such as the company's website or filings.
- How much revenue does Iron Works Steel Supply, LLC make?
- SeeBITDA estimates Iron Works Steel Supply, LLC's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Iron Works Steel Supply, LLC worth?
- About $643K, roughly 2.6× its estimated EBITDA of $247K, typical for a ornamental and architectural metal work manufacturing company its size. Likely range: $338K–$879K.
- How many employees does Iron Works Steel Supply, LLC have?
- About 6, as reported on its PPP loan.
- When was Iron Works Steel Supply, LLC founded?
- Iron Works Steel Supply, LLC has been in business since 1980.
- Is Iron Works Steel Supply, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); no family successor named on its website.