SeeBITDAOklahoma

Iron Works Steel Supply, LLC

Ornamental and Architectural Metal Work Manufacturing
Estimated valueMedium confidence
$643K
$338Klikely range$879K
About 2.6× its yearly profit, typical for a company this size in its industry.
Revenue
$1.6M
a year
Profit (EBITDA)
$247K
16% of revenue
Employees
6
reported in 2020
Leadership
John Scores
Owner · source · confirmed by 2 sources
Likely to sell

How we got $643K

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $294K each$1.8M
PPP payroll ÷ payroll's usual share of revenue$1.1M
Shown toward the top of its range×1.14
Revenue$1.6M
× 16% profit margin$247K
× 2.6 sale multiple = value$643K

· Own this business? Correct these figures

Estimated value over time

▲ 16% since 2020
$0$370K$739K20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

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.

Products & services
Custom fabricated metal productsDecorative IronSwinging GatesSliding GatesSpiral StaircaseStaircasesHand RailsEntry Gate SystemsFencingSteel SuppliesAluminum Shape-SheetAngle Iron
Service area
Miami, OKsurrounding area

From the company's website. Industry: Ornamental and Architectural Metal Work Manufacturing.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
IRON WORKS STEEL SUPPLY, LLC
this business
$1.6M$247K—
WORKHORSE SOLUTIONS, LLC
Monkey Island · 8 employees
$4.1M$534K19.3 mi
NEO METALS LLC
Grove · 1 employees
$531K$98K19.8 mi
ATLAS STEEL PRODUCTS, INC.
Vinita · 22 employees
$7.9M$1.0M22.2 mi
DIAMOND W SERVICES LLC
Jay · 1 employees
$553K$102K31.5 mi
VANOVER METAL BUILDING SALES,INC.
Eucha · 9 employees
$4.3M$556K32.8 mi
HENSON MANUFACTURING & SALES I
Adair · 17 employees
$13.9M$1.5M37.8 mi

The full calculation

Employees reported to the SBA6
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 industry2.6×
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

Founded 1980
“Iron Works has been serving Miami, OK and surrounding area since 1980.”

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

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$29K$29K6The First National Bank and Trust Company of Miami

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.