John Quincy was instrumental in establishing the Carrollton Racquet Club, which began with some difficulty, but which has become a profitable enterprise after the first two years. Quincy is now considering establishing a new athletic club in the community of Douglasville, which is a "bedroom" community located 20 miles outside of Atlanta. In the event that the enterprise does not perform as expected, Quincy has planned to turn the development into office space which would be suitable for attorneys, doctors, or other professions.
Quincy's own background is in electrical engineering. He was chief executive of several subsidiaries of the company where he worked for more than 20 years, but his expertise is in the manufacturing environment. This lack of experience in the service industry came to light with the Carrollton experience, where the initial difficulties of the club were attributed to poor managers. The responsibility for hiring those managers was squarely Quincy's, so there is some question as to his expertise in that realm, although his recent experience with Carrollton can be expected to have sharpened his ability.
His proposed manager of the Douglasville site is the current manager of the Carrollton facility, under whom the facility came into its own. Al Medina has a master's in business administration, and was able to rein in the difficulties that the Carrollton site initially encountered.
Quincy has drawn on his experience with the Carrollton club to develop his business plan for the Douglasville organization, although the two communities are quite different. He has located a number of individuals who are interested in investing in the Douglasville venture, and the opportunity to participate will be made available on a partnership basis. Quincy and the current manager of the Carrollton club, Al Medina, will be general partners with 50 percent of the shares; there will be two partners with 15 percent of the sh...