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Hispanic-owned Businesses: South Florida’s Economic Engine

| SFBW Staff

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Compiled by Gilberto Medina, Research Director

South Florida is a hotbed for the success of Hispanic-owned businesses. From the giant publicly-owned, Hispanic-led companies like MasTec and Perry Ellis to the bricks and mortar of Supermix Concrete—a family run provider of cement and building materials for the construction industry.

This diverse group of businesses  encompass South Florida Business & Wealth’s inaugural list, honoring Latino-owned or led companies, is ranked by 2017 revenue.

According to a Geoscape report generated for the United States Hispanic Chamber of Commerce in 2017, Florida, California and Texas had the highest net increase of Hispanic-owned businesses from 2012 to 2016.

Some of those that contributed to the increase may be seen on future lists of Top Hispanic Businesses. Based on the data provided for this list compilation, there are companies that did not make our list with outstanding revenue and growth that will eventually place them on the list in the future.

1

MasTec
800 S. Douglas Road, 10th floor,
Coral Gables, FL 33134
Website: mastec.com
2017 revenue: $6.61 B
No. of S. Fla. employees: 1,155
No. of S. Fla. offices: 20
Top local executive: Jose R. Mas

2

The Related Group
315 S. Biscayne Blvd., 4th floor,
Miami, FL 33131
 Website: relatedgroup.com
2017 revenue: $1.3 B
No. of S. Fla. employees: 543
No. of S. Fla. offices: 3
Top local executive: Jorge M. Perez

3

Perry Ellis International
3000 N.W. 107th Ave., Miami, FL 33172
Website: pery.com
2017 revenue: $875 MM
No. of S. Fla. employees: 550
No. of S. Fla. offices: 2
Top local executive: Oscar Feldenkreis

4

Murgado Automotive
Group LLC
665 S.W. Eighth St., Miami, FL 33130
Website: brickellmotors.com
2017 revenue: $369.95 MM
No. of S. Fla. employees: 331
No. of S. Fla. offices: 3
Top local executive: Mario Murgado

5

BMI Financial Group
8950 S.W. 74th Court, 24th floor, Miami, FL 33156
Website: bmicos.com
2017 revenue: $285.92 MM
No. of S. Fla. employees: 135
No. of S. Fla. offices: 1
Top local executive: Tony Sierra

6

Terra
2665 S. Bayshore Drive,
Suite 1020, Miami, FL 33133
Website: terragroup.com
2017 revenue: $285 MM
No. of S. Fla. employees: 82
No. of S. Fla. offices: 5
Top local executive: David Martin

7

FEMBi Mortgage
9300 S. Dadeland Blvd.,
Suite 500, Miami, FL 33156
Website: fembi.com
2017 revenue: $238.89 MM
No. of S. Fla. employees: 53
No. of S. Fla. offices: 2
Top local executive: Daniel Rodriguez

8

Headquarter Toyota
5895 N.W. 167th St.,
Hialeah, FL 33015
Website: headquartertoyota.com
2017 revenue: $213.06 MM
No. of S. Fla. employees: 313
No. of S. Fla. offices: 1
Top local executive: Jeronimo M. Esteve

9

United Data Technologies
8825 N.W. 21st Terrace,
Doral, FL 33172
Website: udtonline.com
2017 revenue: $200 MM
No. of S. Fla. employees: 150
No. of S. Fla. offices: 4
Top local executive: Henry Fleches

10

Gus Machado Ford
 15551 S. Dixie Highway,
Miami, FL 33157
Website: gusmachadoford.com
2017 revenue: $193.5 MM
No. of S. Fla. employees: 250
No. of S. Fla. offices: 3
Top local executive: Gus Machado

11

SMP Pharmacy Solutions
6050 S. Dixie Highway,
Miami, FL 33143
Website: smppharmacy.com
2017 revenue: $164.04 MM
No. of S. Fla. employees: 137
No. of S. Fla. offices: 2
Top local executive: Armando Bardisa

12

Ocean Bank
780 N.W. 42nd Ave.,
Miami, FL 33126
Website: oceanbank.com
2017 revenue: $157.94 MM
No. of S. Fla. employees: 701
No. of S. Fla. offices: 20
Top local executive: A. Alfonso Macedo

 

13

J. Milton & Associates
3211 Ponce de Leon Blvd., Suite 301, Coral Gables, FL 33134
Website: j-milton.com
2017 revenue: $155.72 MM
No. of S. Fla. employees: 700
No. of S. Fla. offices: 25
Top local executive: Joseph Milton

14

Supermix Concrete
4300 S.W. 74th Ave.,
Miami, FL 33155
Website: supermix.com
2017 revenue: $146.84 MM
No. of S. Fla. employees: 305
No. of S. Fla. offices: 16
Top local executive: Bernardo Dias

15

Andes Global Trading
2800 Biscayne Blvd.,
Suite 510, Miami, FL 33137
Website: andesgt.com
2017 revenue: $145 MM
No. of S. Fla. employees: 23
No. of S. Fla. offices: 1
Top local executive: Ivan Orrego

 

16

MBAF
1450 Brickell Ave., 18th floor, Miami, FL 33131
Website: mbafcpa.com
2017 revenue: $120 MM
No. of S. Fla. employees: 495
No. of S. Fla. offices: 5
Top local executive: Antonio L. Argiz

17

Eulen America
7200 Corporate Center Drive, Suite 206, Miami, FL 33126
Website: eulen.com
2017 revenue: $112.31 MM
No. of S. Fla. employees: 2,200
No. of S. Fla. offices: 3
Top local executive: Francisco Xavier Rabell

18

Transnational
Foods LLC
1110 Brickell Ave., Suite 808, Miami, FL 33131
Website: transnationalfoods.com
2017 revenue: $108.74 MM
No. of S. Fla. employees: 40
No. of S. Fla. offices: 1
Top local executive: Marcelo Young

19

Trujillo & Sons
3325 N.W. 62nd St.,
Miami, FL 33147
Website: trujilloandsons.com
2017 revenue: $104 MM
No. of S. Fla. employees: 104
No. of S. Fla. offices: 1
Top local executive: Lucas Trujillo Jr.

20

Ascendant Commercial Insurance
2199 Ponce de Leon Blvd., Suite 500, Coral Gables, FL 33134
Website: ascendantgroup.com
2017 revenue: $82.16 MM
No. of S. Fla. employees: 112
No. of S. Fla. offices: 1
Top local executive: Pablo Cejas

21

ANF Group
2700 Davie Road,
Davie, FL 33314
Website: anfgroup.com
2017 revenue: $76.8 MM
No. of S. Fla. employees: 49
No. of S. Fla. offices: 2
Top local executive: Alberto Fernandez

 

22

Link Construction Group
5350 N.W. 77th Court,
Doral, FL 33166
Website: linkconstructiongroup.net
2017 revenue: $74.5 MM
No. of S. Fla. employees: 65
No. of S. Fla. offices: 1
Top local executives: Guillermo Fernandez and Miguel Cerra

23

Postal Center International
3406 S.W. 26th Terrace,
Fort Lauderdale, FL 33312
Website: pcioi.com
2017 revenue: $66.6 MM
No. of S. Fla. employees: 229
No. of S. Fla. offices: 2
Top local executive: Ismael Diaz

24

Brickell Travel Management
66 W. Flagler St., 8th floor, Miami, FL 33130
Website: brickelltravel.com
2017 revenue: $62 MM
No. of S. Fla. employees: 40
No. of S. Fla. offices: 2
Top local executive: Maikel Rodriguez

 

25

Cornerstone International Realty
10630 N.W. 37th Terrace, Doral, FL 33178
Website: cornerstone-ir.com
2017 revenue: $57 MM
No. of S. Fla. employees: 10
No. of S. Fla. offices: 1
Top local executive: Hector Catano

26

Florida National University
4425 W. Jose Regueiro Ave., Hialeah, FL 33012
Website: fnu.edu
2017 revenue: $55.04 MM
No. of S. Fla. employees: 366
No. of S. Fla. offices: 3
Top local executive: Maria C. Regueiro

27

Forest Travel
 2440 N.E. Miami Gardens Drive, Suite 107,
North Miami Beach, FL 33180
Website: foresttravel.com
2017 revenue: $55 MM
No. of S. Fla. employees: 30
No. of S. Fla. offices: 1
Top local executive: Carlos Edery

28

Amerikooler LLC
575 E. Tenth Ave.,
Hialeah, FL 33010
Website: amerikooler.com
2017 revenue: $37 MM
No. of S. Fla. employees: 125
No. of S. Fla. offices: 1
Top local executive: Gian Carlo Alonso

29

Ascendo Resources
 2 Alhambra Plaza, Suite 1220, Coral Gables, FL 33134
Website: ascendo.com
2017 revenue: $34.6 MM
No. of S. Fla. employees: 45
No. of S. Fla. offices: 3
Top local executives: Eugene Holzer and Gustavo Pena

30

Digital Era Group
 4931 S.W. 75th Ave.,
Miami, FL 33155
Website: digitaleragroup.com
2017 revenue: $25 MM
No. of S. Fla. employees: 20
No. of S. Fla. offices: 1
Top local executive: Patrick Dyer

31

Cherokee Enterprises
 14474 Commerce Way,
Miami, FL 33016
Website: cherokeecorp.com
2017 revenue: $18.3 MM
No. of S. Fla. employees: 78
No. of S. Fla. offices: 2
Top local executive: Gabino Cuevas

32

Future Force Personnel
5705 N.W. 158th St.,
Miami Lakes, FL 33014
Website: futureforcepersonnel.com
2017 revenue: $17.27 MM
No. of S. Fla. employees: 9
No. of S. Fla. offices: 2
Top local executive: Adela Gonzalez

33

Miguel Lopez Jr. Asphalt Maintenance
21005 Taft St.,
Pembroke Pines, FL 33029
Website: lopezinc.com
2017 revenue: $17 MM
No. of S. Fla. employees: 58
No. of S. Fla. offices: 1
Top local executive: Miguel Lopez Jr.

34

Bardan International
 520 Brickell Key Drive,
Suite O-301, Miami, FL 33131
Website: bardaninternational.com
2017 revenue: $15 MM
No. of S. Fla. employees: 15
No. of S. Fla. offices: 1
Top local executive: Vilma Benitez

35

Sixto Packaging
 13301 N.W. 38th Court,
Opa Locka, FL 33054
Website: sixtopack.com
2017 revenue: $10.25 MM
No. of S. Fla. employees: 42
No. of S. Fla. offices: 1
Top local executive: Felipe Sixto

Sources: Company representatives

To be considered for any SFBW list, contact Gilberto Medina at [email protected] or 954-666-0531.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.