Shred Nations
How we got $556K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 46 years (since 1980)
- Founder still runs it after 46 years
From public records and the company's website, not a statement that it's for sale.
What they do
Shred Nations offers document and paper shredding, information management, and electronics destruction services for individuals and organizations, including businesses, medical, legal, and government clients.
From the company's website. Industry: Materials Recovery Facilities.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Shred Nations this business | $1.1M | — |
| ENVIRONMENTAL ACTION, INC Tulsa · 118 employees | $42.2M | 1.9 mi |
| AAA Septic Tank Cleaners Tulsa | $2.7M | 2.7 mi |
| Rick's Septic Tank & Arobic Pumping Tulsa | $2.7M | 3.2 mi |
| MOLD 911 Tulsa · 1 employees | $630K | 3.8 mi |
| TULSA RECYCLE & TRANSFER, INC. Tulsa · 17 employees | $10.8M | 3.9 mi |
| The Cleaning Guy's LLC dba CG Environmental Tulsa | $2.6M | 4.6 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 | $556K |
| Multiple for this size and industry | 2.6× |
| Value range | $163K – $995K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Materials Recovery Facilities 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 | $396K – $1.6M |
| EBITDA range | $78K – $319K |
| Industry (NAICS) | Materials Recovery Facilities (562920) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“1977 – TRI-R Systems was founded by David Powelson as a limited partnership to engage in the recycling of paper, aluminum cans, and metal.”
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.
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 materials recovery facilities company in Tulsa, Oklahoma, in business since 1980. 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 $556K (likely range $163K–$995K).
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 $396K 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 $556K, roughly 2.6× its estimated EBITDA of $214K, typical for a materials recovery facilities company its size. Likely range: $163K–$995K.
- When was Shred Nations founded?
- Shred Nations has been in business since 1980.
- Is Shred Nations for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); founder still runs it after 46 years.