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Urbieta Oil Inc.

Petroleum distributor


Company Details
Location: Medley, FL
Founders: Ignacio Urbieta Jr., 50, Guillermo Urbieta, 51
Year Started: May 2000
Initial Investment: $16M

Turned a Profit: 2000
First Million: 2000

2002 Sales: $51M
2006 Sales: $420M

Number of Employees:
Day 1: 12
2006: 81
2007: 105*

* Projected by 2008
Company Background
Urbieta Oil Inc is a family-owned business founded by Ignacio Urbieta Sr. Originally called Urbieta Enterprises, the company purchased its first Miami Amoco gas station in 1973 and has since acquired more stations and grown from one million gallons to more than 45 million gallons. The entity now called Urbieta Oil Company has its own storage building, warehouse and office space for more than 50 employees.
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