Tampa Bay Metal Works

Tampa, FL Metal Fabrication AI Vetted — 47 Metrics ● Funding Open

About Tampa Bay Metal Works

Tampa Bay Metal Works is a 22-year-old metal fabrication business serving automotive and aerospace clients across the Tampa Bay region. Founded by Robert H. in 2003, the business has maintained consistent revenue growth averaging 8% annually over the past five years, with a loyal customer base that includes two Fortune 500 aerospace suppliers.

The owner is retiring after more than two decades of building a respected operation. His team is experienced, his equipment is modern, and his books are clean. This is the kind of business private equity firms have acquired for decades — and Revvirt is making it accessible to everyone.

Key Highlights

  • 22 years in operation — established customer relationships and deep market reputation in Tampa Bay
  • 10 full-time employees, including an 8-year veteran shop foreman who has agreed to remain post-transition
  • $2.4M annual revenue, $336K EBITDA (14% margin) — consistently profitable for 18+ consecutive years
  • 3 anchor customers representing 65% of revenue, each with signed multi-year supply contracts
  • Modern CNC laser cutting & press brake equipment, independently appraised at $680K — recently upgraded in 2022
  • Motivated, retiring seller — clean books, no deferred liabilities, cooperative in transition planning

AI Risk Assessment

40/100
Low–Medium Risk

AI score based on 47 factors: customer concentration (moderate — mitigated by contracts), key-man dependency (low — strong shop foreman retained), equipment condition (excellent — 2022 CNC upgrades), financial trend (positive — 8% CAGR), operator readiness (high).

How Your Investment Is Used

The $1,240,000 raise funds the full acquisition of Tampa Bay Metal Works and establishes initial operating reserves. Here is the exact breakdown of how investor capital is deployed:

Acquisition Price $968K  (78%)
Working Capital Reserve $149K  (12%)
Revvirt Platform Fee $62K  (5%)
Legal & Closing Costs $62K  (5%)
Acquisition Price — $968,000 (78%)

Purchase price negotiated directly with the seller. This represents approximately 2.88× trailing EBITDA, below the industry average of 3.2× for comparable fabrication businesses.

Working Capital Reserve — $149,000 (12%)

60-day operating float to ensure continuity of payroll, materials, and vendor payments during the ownership transition. Excess reserves are returned to investors.

Revvirt Platform Fee — $62,000 (5%)

Covers deal sourcing, AI due diligence, offering qualification, escrow administration, and ongoing investor reporting. No additional management fees charged to investors on this offering.

Legal & Closing Costs — $62,000 (5%)

Purchase and sale agreement, SEC offering circular qualification, escrow fees, title review, and regulatory filings.

Historical Financials

Financials prepared by independent CPA firm. Tax returns and full financial statements available in the verified investor data room upon KYC completion.

Metric 2022 2023 2024
Revenue$2,100,000$2,300,000$2,400,000
Gross Profit$840,000$920,000$960,000
Gross Margin40%40%40%
EBITDA$294,000$322,000$336,000
EBITDA Margin14%14%14%
Owner Comp (normalized)$180,000$185,000$190,000
YoY Revenue Growth+9.5%+4.3%

Projected Investor Returns

Projections are based on current financials, planned operational improvements under new management, and comparable business exit multiples. These are forward-looking estimates — not guarantees.

Milestone Projected Distribution to Investors Notes
Year 1 — Annual Distribution~$48,000Based on 14% EBITDA margin, pro-rata to investors
Year 3 — Annual Distribution~$68,000Projected post operational improvements (+12% EBITDA)
Year 5 Exit — Total Proceeds~$1,800,000At 3.5× projected EBITDA exit multiple, pro-rata

Note: A $1,000 investment at the current offering price represents approximately 0.081% ownership. At the Year 5 projected exit of $1.8M to investors, this position would yield approximately $1,458 in exit proceeds, plus ~$55 in cumulative distributions over the hold period — representing a projected 5-year return of approximately 51% ($1,000 → $1,513 total).

Meet the Operator

Every Revvirt acquisition is led by a vetted, experienced operator who takes a meaningful equity stake — ensuring their financial interests are permanently aligned with investors.

MT
Marcus T.
Incoming Operator & Minority Partner

Former Division Manager at a regional manufacturing group with 14 years of experience in metal fabrication operations. MBA from the University of Florida. Completed an Entrepreneurship Through Acquisition (ETA) program at a top-10 business school. Marcus is seeking ownership after a successful corporate career and will invest alongside Revvirt investors, receiving a base salary funded from operating cash flow and a 12% equity stake with a path to majority ownership over 5 years.

Equity Stake12%
Industry Experience14 years
Start DateUpon close
Path to Majority5 years

Why operator alignment matters: Marcus's equity stake and performance-based path to majority ownership means he is not just a hired manager — he is a co-owner whose financial outcome depends entirely on the same metrics that drive investor returns. Revvirt's AI monitoring provides both investors and Marcus with real-time visibility into business performance.

Risk Factors

All investments involve risk. Below are the material risk factors specific to this offering. Please review the full offering circular for a complete risk disclosure before investing.

Customer Concentration

Top 3 customers represent approximately 65% of annual revenue. While each holds a signed multi-year contract, the loss of any one anchor customer could materially impact financial performance. Operator's growth plan includes customer diversification.

Key Person Transition

Founder departure is managed via a structured 90-day consulting agreement. The 8-year shop foreman has agreed to remain under new ownership. Low key-man risk per AI assessment.

Equipment Obsolescence

Mitigated by recent CNC laser cutting and press brake upgrades completed in 2022. Equipment appraised at $680K replacement value. Ongoing capex budget allocated in financial projections.

Economic Sensitivity

Manufacturing demand may decline during economic downturns or aerospace sector slowdowns. The business's diverse aerospace and automotive customer base provides some natural hedging across cycles.

Investment Illiquidity

Your investment is illiquid until a business exit event, typically 3–7 years. There is currently no secondary market for these securities. Do not invest funds you may need in the near term. Revvirt is developing a tokenized secondary market for future liquidity.

⚖ SEC Regulatory Disclosure

This offering is made pursuant to Regulation A, Tier 2 of the Securities Act of 1933, as amended. The offering circular has been qualified by the U.S. Securities and Exchange Commission. The SEC has not passed upon the merits of, or given its approval to, the securities offered, the terms of the offering, or the accuracy or completeness of any offering materials. Investing involves risk, including the possible loss of principal. This is not a public offering of securities registered under the Securities Exchange Act of 1934. This communication is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy securities. Please review the full offering circular before making any investment decision.

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