Shred Nations
How we got $536K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
Shred Nations connects businesses and individuals with a local network of document destruction providers for paper shredding, hard drive destruction and related services. Its Tulsa-area location page lists a drop-off shredding site at The UPS Store on S Harvard Ave.
From the company's website. Industry: Professional, scientific, and technical services.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Shred Nations this business | $1.1M | — |
| Prosperity Unlimited Tulsa | $736K | 0.0 mi |
| Joseph Zdanowski Fine Art Tulsa | $1.1M | 0.0 mi |
| Pinnacle Chiropractic System Tulsa | $1.1M | 0.0 mi |
| Harvard Avenue Veterinary Hospital Tulsa | $1.2M | 0.1 mi |
| THOMAS MCCOY, DVM, PLLC Tulsa · 5 employees | $979K | 0.1 mi |
| Green Country Kirby Tulsa | $1.1M | 0.2 mi |
The full calculation
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 | $536K |
| Multiple for this size and industry | 2.5× |
| Value range | $157K – $958K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Professional, scientific, and technical services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (20%). Treat these as a rough guide.
| Revenue range | $397K – $1.6M |
| EBITDA range | $79K – $319K |
| Industry (NAICS) | Professional, scientific, and technical services (54) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shred Nations
Shred Nations is a professional, scientific, and technical services company in Tulsa, Oklahoma, in business since 2003. It is owned by David Powelson (Founder). Its estimated annual revenue is about $1.1M, with roughly $214K of EBITDA. Its estimated business value is $536K (likely range $157K–$958K).
Common questions
- Who owns Shred Nations?
- Shred Nations is owned by David Powelson (Founder), according to public sources such as the company's website or filings.
- How much revenue does Shred Nations make?
- SeeBITDA estimates Shred Nations's annual revenue at about $1.1M (likely between $397K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shred Nations worth?
- About $536K, roughly 2.5× its estimated EBITDA of $214K, typical for a professional, scientific, and technical services company its size. Likely range: $157K–$958K.
- When was Shred Nations founded?
- Shred Nations has been in business since 2003.