Winner, $15 million and up | 2020 Income: 21.5 million
Four decades ago, Terry Parker Large College Class of 1979 graduate Don Bailey opened a compact gymnasium for a team of pals.
That was 1981, right after an injuries ended his faculty football job.
His young brother, Darryl, partnered in the organization in 1989, as did David Bailey, the youngest of the a few Bailey boys, two many years later.
“It was a facet work for a extensive time and then ultimately turned a full-time career for us,” mentioned David Bailey, 54, president and CEO.
Above time they consolidated their attempts and now, 40 decades later, the brothers personal and run 16 Bailey’s Wellness & Health and fitness facilities in North Florida and 1 in Brunswick, Georgia.
A 17th is scheduled to open up in July in Oakleaf Station in Southwest Jacksonville.
“For us, it’s normally been terrific to have a enthusiasm for what you do,” David Bailey reported.
Earnings and staff had been expanding, but the Baileys faced a pandemic-mandated shutdown for about two months in 2020 and other safety changes.
Earnings fell $3 million, 12%, to $21.5 million in 2020. Employees dropped from 360 to 285.
However the greatest blow that calendar year was individual.
Founder Don Bailey died of a cardiac situation in August at 59.
“It’s been extremely tough on the business enterprise and the relatives,” reported Vice President and COO Darryl Bailey, 57.
The brothers, a few yrs aside in age, had a division in responsibilities. Darryl and David Bailey assumed Don’s.
Darryl Bailey has a application and profits qualifications and currently experienced automatic the company’s methods, payroll, human means, membership info and other things of the company.
David Bailey is in cost of revenue, purchases, leases, site range and maintenance.
“We’re unique in our preferences and types but in the end there is an unbelievable bond and believe in and…” Darryl Bailey started off to say.
“Work ethic,” David Bailey concluded.
Don Bailey, who became a grandfather right before his loss of life, was president but had started transitioning his purpose.
“We bounced all the things off of him and he was that continuous rock that often gave us a degree-headed impression,” stated Darryl Bailey.
The company obtained Don’s interest in the business enterprise from his estate.
The 3 grew up in Arlington and graduated from Terry Parker – Darryl in 1981 and David in 1984.
Their father, Don Sr., mounted telephones and taken care of lines at Southern Bell.
Their mom, Dian, held a number of positions, including school crossing guard, greeting card representative, Downtown reward store operator (The Grand Gesture in the Blackstone Building) and then 20 decades in mortgage banking.
Their sister, Denise, the third of the 4 siblings, died in an incident at the age of 21.
When Don Sr. retired immediately after much more than 30 several years, their mother asked the boys to set him to do the job, so they did, in the warehouse.
“A large amount of men and women have the thought that we ended up wealthy little ones and that our moms and dads gave us this organization. Which is plainly not the scenario,” Darryl Bailey claimed.
They credit their dad and mom for their roots and core values.
“We always worked,” he explained. They cleaned the church, unpacked and stocked stock at the present store and did what wanted to be completed.
Arlington remains their house foundation, with headquarters as well as a health and fitness centre at the Monument Landing heart at Monument and McCormick roads.
Their servicing warehouse is in Arlington. Staff logs when health devices demands repair and the support team is dispatched promptly to accurate it or convey it in for services.
During the pandemic shutdown, the Baileys cleaned the clubs and tools prime to bottom, painted, upgraded HVAC and set up systems, at $10,000 for each location, to continue to keep the air clean up and purified.
“We have been in there performing upkeep, cleansing, items that were being really hard to do when we’re open 24 hours a day, seven times a week,” David Bailey explained.
“We were being busier all through the shutdown than we’ve ever been.”
They saved administration on entire salary and most of the comprehensive-time staff remained, when component-time staff were furloughed to acquire unemployment positive aspects.
The business is again up to 300 employees and demands to be at 325, Darryl Bailey said.
Jacksonville prospects may keep in mind the Baileys joined the nationwide Powerhouse franchise for 16 years but dropped it in 2013 to focus on their health and fitness and fitness branding.
In truth, the pandemic brought about more men and women to concentration on wellness and health and fitness, they said.
They have additional than 60,000 associates. Club visits in March, a 12 months after the pandemic, ended up the maximum in organization heritage.
The Baileys say ongoing workers coaching is critical for customer provider. On the economic side, they’ve grown with tiny personal debt.
That enables them to innovate constantly with the most up-to-date machines, courses, aim spots like boot camp and biking, diet supplements, attire sales and other characteristics.
“It comes back to client service, cleanliness and regular servicing. It is been a substantial benefit to us,” David Bailey explained.
“We just won’t give up. We will not be defeat,” Darryl Bailey stated.
“Whatever arrives our way, we just say, ‘OK, how do we offer with that? What is following?’”