Mayorga Coffee Ranks in the 2011 Inc. 500|5000 with Three-Year Sales Growth of 206%
Rockville, MD, August 23, 2011 — Inc. magazine today ranked MAYORGA COFFEE on its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Mayorga Coffee joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.
Founder and President Martin Mayorga notes, “We are thrilled to be recognized for the efforts that everyone at Mayorga has put in throughout the years. Our creativity, commitment to sustainability, and constant pursuit for excellence has allowed us to continually grow the business—despite the troubling economic environment and fluctuating commodities market.” In 1997, Mayorga began developing the Mayorga Coffee brand in an effort to open a marketplace for small farmers with a focus on quality, community, and the environment. Today, the Mayorga roasting facility is located in Rockville, MD, where coffees are roasted to order for wholesale clients nationwide. Mayorga also operates several retail locations in the mid-Atlantic region employing over 100 coffee-loving individuals.
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About Mayorga Coffee
Founded in 1997 by Martin Mayorga, Mayorga Coffee is a highly-recognized minority-certified artisan roaster with wholesale distribution as well as retail locations in the mid-Atlantic. Mayorga hand selects only Specialty Grade Arabica coffee beans from estates and cooperatives with a commitment to growing top-quality coffees. With every cup of coffee comes a commitment to partnering with farmers, employees and retailers to further the health of our communities and the environment. Only when it’s made by Mayorga can you be assured you’re having the most authentic coffee experience available anywhere. Visit MayorgaCoffee.com for more information.