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Milwaukee Wisconsin, we bring you beer, brats and cheese. But don't be fooled, "Milwaukee truly is a special secret getaway that I will be sure to tell my friends about!" Erin Brockevich, not to mention that we are an hour from SFGAm........
Let's see. If SFGA makes enough money to make a new coaster every month, then why would SF be in so much debt?
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SFOGeorgia.
Can't wait for Superman: Ultimate Flight
Drachen Fire, RIP: 1992-1998 Dismantled 2002
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I still have no signature.
As a wild guess SFGAm averages 20,000 guests per day. (That's about 2,500,000 per year.) If we assume that the average guest drops about $70 per visit ($40 admission + $30 food, games, and souveniers), that gives a gross of roughly $1,400,000 per day. In a month, that gross would buy a couple of really nice coasters, However, the profit is probaly only 10-20% of the gross, and stock holders like to receive dividends.
Well, practically all of those numbers are wrong. It costs the same amount of money to operate a park if there are 5000 or 50000 in the park. Parks also do not get the full posted admission price, either. If they average 60%, they did good. Per caps change with temperature, and crowds. And expenses are a variable source that
You have to add workman's comp, infrastructure costs, warehousing, sales and marketing expenses, printing costs of brochures, catering menus, and thousands of other equipment pieces that are too numerous to mention.
You ask why Six Flags is in debt. True, it is huge, and it is barely managable in the off season, but when Premier Parks buys a park, they usually take over the park debt load, also. Elitch's Gardens, Funtime, Inc., Six Flags, Inc., and Marine World all came into the picture with sizable debt loads, which, unfortunately is a way business is done in the park industry.
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