Leasa Industries Company History
In 1977, with funds borrowed from friends and relatives, George and Einez Yap bought a bankrupt company in Liberty City, Miami and began to grow and sell bean sprouts. Hence, the birth of Leasa Industries Co., Inc, in April 1977.
The company was named using the first initial of each member of the family: L. George Yap, Einez and their three children, Andrew, Sean and Allison. The business started with just $175.00 a week in sales but lost $30,000 during the first four months of operation. The company’s gross income during that first year was only $5,000, while debts were ten times that amount. George worked in his business seven days a week, 16 hours per day while his wife Einez, held two jobs to keep the family afloat.