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Business Services Industry

It's getting hot in here

Entrepreneur, June, 2003

I. COKeMinternational Ltd.

PLYMOUTH,, MN

Chuck Bond

Began: February 2000 w/5 employees; now 65 employees

Initial investment: $250K from sale of previous company 2002

sales: $125.5M

2. Arbitech

LACUNA BEACH, CA

www.arbitech.com

Distributor of computer hardware/peripherals/software Torin Pavia, William Poovey

Began: August 2000 w/8 employees; now 26 employees

Initial investment: $500K from savings/personal funds 2002

sales: $61M

3. Trustin Technology LLC

IRVINE, CA

www.trustintechnology.com

Electronic component procurement & liquidation Wade Randall, Julie Randall, Jason Barrette, Kim Fix

Began: January 2002w/5 employees; now 12 employees

Initial investment: $20K from friends/family, private investors, savings/personal funds, line of credit 2002

sales: $17M

4. Winspec

WALNUT, CA

www.winspecwest.com

Computer memory manufacturer Marco Fuxa, Martin H. Hofer, Joachim P. Nemeth

Began: September 1999 w/o employees; now 14 employees

Initial investment: $200K from private investors 2002

sales: $42.99M

5. freightquote.com

OVERLAND PARK, KS

www.freightquote.com

Online freight comparisons & bookings Timothy Barton

Began: August 1998 w/3 employees; now 238 employees

Initial investment: $15.7M from private investors, savings/ personal funds 2002

sales: $46.2M

6. Euro Proteins Inc.

WAPAKONETA, OH

www.europroteins.com

Milk proteins manufacturer, distributor & marketer Doug Kantner

Began: March 1999 w/3 employees; now 16 employees

Initial investment: $25K from savings/personal funds 2002

sales: $31.99M

7. Transport Insurance Agency

WOODHAVEN, MI

www.4tia.com

Transportation insurance Rick Gallegos, Eric Jaim

Began: October 2001 w/2 employees; now 15 employees Initial investment: $300K from private investors 2002

sales: $9M

8. Guardent

WALTHAM, MA

www.guardents.com

Security services Maria A. Cirino, Daniel R. McCall, David M. Samuels

Began: March 2000 w/o employees; now 140 employees

Initial investment: $60M from private investors 2002

sales: $20.2M

9. Cyberpower Inc.

BALDWIN PARK, CA

www.cyberpowerpc.com

Computer sales Stanley Ho, Eric Cheung, Steven Chu

Began: February 1998 w/4 employees; now 71 employees

Initial investment: $100K from savings/personal funds 2002

sales: $33.3M

10. Servation Inc.

SPOKANE, WA

www.servatron.com

Electronic contract manufacturing Larry A. Panattoni, Keith Swenson, Tod Byers, John Miskulin

Began: May 2000 w/78 employees; now 130 employees

Initial investment: $3M from private investors, savings/personal funds, line of credit 2002

sales: $17.4M

11. Dialmex LLC

McALLEN, TX

www.dialmex.net

Long-distance telecommunications provider Francisco Bunt, Alexandra Bunt, Fernando Vieto, Juan Salazar, Ricardo Bunt

Began: December 1998 w/o employees; now 6 employees

Initial investment: $250K from savings/personal funds 2002

sales: $26.1M

12. Martin Capital

CLAYTON, GA

www.martincap.com

Real estate finance & development J. Ashley Martin

Began: April 2001 w/ employee; now 5 employees Initial investment: $30K from friends/family 2002

sales: $10.7M

13. Archibald's Inc. Inc.

KENNEWICK, WA

www.archibalds.biz

Pre-owned automotive sales John C. Archibald, Daniel J. Archibald

Began: June 2001 w/1 employee; now 2 employees

Initial investment: $154K from savings/personal funds 2002

sales: $9.6M

14. Media Storm LLC

SOUTH NORWALK, CT

Advertising agency Tim Williams, Craig Woerz

Began: November 2001 w/o employees; now 3 employees

Initial investment: $90K from savings/personal funds 2002

sales: $7M

15. Myrtle Beach Building Supply

CONWAY, SC

Retail building materials Bobby J. Smith, Joe D. Jenkins, Steven Tripp Nealy

Began: February 2002 w/5 employees; now 16 employees Initial investment: $1M from savings/personal funds, line of credit 2002

sales: $5-3M

16. CARS Protection Plus Inc.

MURRYSVILLE, PA

Limited warranties on used vehicles; dealership software Michael Tedesco, Fred R. Kohl Began: September 1998 w/6 employees; now 72 employees

Initial investment: $200K from savings/personal funds 2002

sales: $20.4M

17. Austin Produce Inc.

AUSTIN, TX

www.austinproduce.com

Produce & gourmet foods wholesaler Daniel D. Davis

Began: November 1999 w/50 employees; now 66 employees

Initial investment: $500K from bank loan, savings/ personal funds 2002

sales: $13.3M

18. Lund & Manasse Advertising Ink

LAS VEGAS

Advertising agency Jennifer Lund, Jill Manasse

Began: February 2001 w/1 employee; now 12 employees

Initial investment: So 2002

sales: $8.5M

19. Global Pacific Produce Inc.

HENDERSON, NV

www.globalpacificproduce.com

Exporter of fresh foods Chris Kilvington

Began: January 2000 w/1 employee; now 10 employees

Initial investment: $165K from private investors, savings/ personal funds 2002

sales: $12.2M

20. M2 Logistics Inc.

DE PERE, WI

Logistics management services Michael Marden, Paul R. Anderson, Michael J. Sullivan

Began: November 2001 w/1 employee; now 7 employees

Initial investment: $500K from private investors, savings/ personal funds 2002

sales: $4.5M

21. Falcon Solutions

ALPHARETTA, GA

www.falconsolutions.com

Electronics distributor Doug Braun, Jason Murphy, Brad Boulet Waldrop, Kris Krohn

Began: January 2001 w/6 employees; now 17 employees

Initial investment: $400K from friends/family 2002

 

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