HOUSTON, Aug. 21, 2012 /PRNewswire/ -- Inc. magazine today ranked Gold & Silver Buyers #5 on its 31st annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at a vital segment of the economy—America's independent entrepreneurs. Companies such as Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and many other well-known names gained early exposure as members of the Inc. 500|5000.
"2011 was a year of tremendous growth for Gold & Silver Buyers, and we are honored to be recognized by Inc. as one of the fastest-growing private companies," said Amelia Culwell, President of Gold & Silver Buyers. "We are striving to drive the economy forward by providing a way for people to make a little extra cash, which is increasingly tough to do in today's economy."
Last year, Gold & Silver Buyers held the No. 8 ranking on the Inc. 500|5000 list, marking an 11,430% growth in a three-year span and reporting $15.2 million dollars in revenue. The 2012 Inc. 500|5000 rankings revealed a 12,221% three-year growth and 55 million dollars in revenue, pushing Gold & Silver Buyers into the No. 5 position on the list.
The 2012 Inc. 500, unveiled in the September issue of Inc. (available on newsstands August 21 to November 15 and on Inc.com), is the most competitive crop in the list's history. To make the cut, companies had to have achieved a staggering minimum of 770% in sales growth. The Inc. 500' s aggregate revenue is $15.7 billion, with a median three-year growth of 1,431 percent. The companies on this year's Inc. 500 employ more than 48,000 people and generated over 40,000 jobs in the past three years. Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/500.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. magazine Editor Eric Schurenberg.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today's entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list's alumni, for three days of powerful networking, inspired learning, and momentous celebration. For more information about the 2012 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com.
About Gold & Silver Buyers
Founded in Houston, Texas, Gold & Silver Buyers buys gold, silver, platinum and other precious metal items from retail consumers in an upscale, customer-centric environment. With over 100 locations in Texas, California and Colorado, Gold & Silver Buyers makes it easy and convenient for customers to bring in their precious metals for cash. For more information visit www.goldandsilverbuyers.com.
SOURCE Gold & Silver Buyers