Six Flags Confirms Plans to Sell 2 More Parks

Being located in SF's headquarters city, I always wondered why Frontier City was always so overlooked (it seems...and correct me if I'm wrong) by management. Hopefully this doesn't mean the end of the park as I'd like to ride Wildcat and Silver Bullet, which by the way looks like a clone of SFAW's Viper. Is this correct?

It wouldn't surprise me if SF put SFKK up for sale. I'd hate to lose this park since it would probably spell the end of Tunder Run, not to mention how much more crowded it would probably make HW.

I survived a Japanese typhoon and the Togo flat ride of death!!!!!!

IF you want to get into media and movies and stuff where better to put a small movie lot or animation studio or anything like that then actaully at gadv in nj

You're kidding, right?

http://cse.umich.edu/

thrillerman1, in answer to your question, yes, Silver Bullet and Viper are the same model, Anton Looping Stars...

http://www.rcdb.com/installationresult.htm?column=1,10,3,4,5&order=1,2&model=21

Thanks Rollergator. Yeah, I saw the pics of Silver Bullet on RCDB and thought it was the same model. I just didn't realize there was another one in the US.

I survived a Japanese typhoon and the Togo flat ride of death!!!!!!

Here is some food for thought the distance between Louisville and St. Louis is about the same as from Sandusky and Cincinnati. just funny that with the population in that area. SFKK could do better in that market just a thought.

CP to PKI 231

SFKK to SFStL 259

*If* Six Flags sells off parks [and that is an IF] they will look to sell off parks that do not make money for the chain, would require a large investment to be brought up to Snyder & Shapiro's new standards, or will get them a large sum of money.

Some of the parks that fall into one or more of those categories are obvious; and some are not so obivous.

Krypton said:
One park that I think they may decide to dump is SFFT. I am dreading this decision if it comes.
Ive traveled out to San Antonio from Atlanta twice just to go to the SF park with hands down the best atmosphere. Modeling the rest of the chain after SFFTs operations is a good start!
Im going to cry if this park closes.

I don't think you have anything to worry about. Who would want to buy a rock quarry?

A day at the park is what you make it!

A 1 time land sale of even 500 million is subject to taxes, so any actual benefit of a sale would be significantly reduced. Just for fun, use the average capital gains tax of around 40% or even 30%. Just look at how little they are actually going to get for the land at Astroworld.

If they do sell a park, they will show in their books that they take that money and invest in into another park, shile taking thier profits from park entrances etc to pay off the debt. That will get them around the capital gains taxes. If you turn around and reinvest that money immediately, you don't have to pay the capital gains taxes. They also just passed a law three years ago that if you ocupy house for more than 2 years, you don't have to pay capital gains tax on it when you sell it. SFAW was around for more than 2 years. (I'm not sure if business rules/laws are different than personal)

Also, Some parks like SFMM and SFGAd that have huge attenance figures also have much higher operating costs, so they have to bring in larger numbers of people just to break even. More coasters means higher maintenance costs and more staff required for maintenance.

Somone here gets it!

All the parks in a chain of parks must pull there own weight. They must be ran efficacy and fiscally responsibly. Look at GL the second installment of the water park had to be trimmed back to fit in to budget. Would SF had done that I do not know but CF did.

TwisterDM *** Edited 1/28/2006 8:42:35 PM UTC by TwisterDM***

How long do you think it will be before they announce what parks are up for sale? And do you think they will keep those parks up and running while they are for sale? Just wondering if I should re-up my SFKK season pass!

timmyk

SK610 said:
They may also get rid of some of the smaller non branded parks like Wyandot Lake and maybee even The Great Escape.

I wouldn't bet on Great Escape biting the dust despite being such a small park. The Great Escape Lodge opens next week, not only giving Six Flags a year-round cash cow but also serving as a trial balloon for building resorts at the parks it does decide to keep.

I do not think they would sell gadv since they just moved into NYC.

I really think SFMM has a chance of being sold.

I do too majortom1981. Perhaps not this year, where the focus will be on introducing a new attraction, but I just have this nagging feeling SFMM will not remain a part of the chain, as hard as that may be to believe.

This is not a park that easily be converted into a family park, Shapiro himself even said that during his visit. As Mamoosh hinted at above, MM would require huge inverstments yearly to fix, and it's target audience is hardcore teens. 17 rollercoasters guarantees that.

Look for SFGadv to become the "Cedar Point" of the chain however.

I dunno. I don't think it would be necessarily wise to loose hold of their LA market. Sure they want to have the family image and all. All they have to do is cleanup the kid's sections a bit and hold off on the coaster building. I do believe the thrill / family atmosphere can peacefully co-exist.

Antuan said:
I do believe the thrill / family atmosphere can peacefully co-exist.

What better example than IOA. While it's not the only example, I find it to be the best example.

Don't Fight It, Ride It, RAGING BULL!!!!!!- Six Flags Great America

^More examples:

BGW/BGT

SFFT

2022 Trips: WDW, Sea World San Diego & Orlando, CP, KI, BGW, Bay Beach, Canobie Lake, Universal Orlando

I was going to suggest BGT. I would say just about any of the AB parks.

A day at the park is what you make it!

Although, SFMM is a tough one to make a "family park", it can very well do it. Look at the flat rides that just sit un used part of the time. SFMM is just way to big of a market for Six Flags to loose. It will take the longest to convert but I don't think they would just give up on it.

I would say SFMM, SFGAm, SFGAdv, SFoG, and SFoT are definatly ones that would be remain in the chain no matter what.

SFMW isn't owned by SF but if they really wanted to back out of that property, they probably could.

That goes for SFNO...SF made a promise of sorts with the city of New Orleans...but I still think it will be closed for good.

SFKK is one that is high on the chopping block in my opinion.

And then there are the small non-Six Flags parks...I have a feeling those will be cut down on.

Everyone also has over looked Six Flags Mexico. I think that will remain in the chain as well. They don't need to add a lot of rides and the people in Mexico love it.

Oh yeah...and with SFFT, the location would make it hard to sell to anyone. SFFT has a great atmosphere. It is a nice family environment. After all, they take pride on what? They shows! That is awesome! SFFT also will pick up on the market in Houston that would have gone to Astroworld. Plus, SFFT is recieved a few additions to their waterpark this year and they are nice family additions too! *** Edited 1/29/2006 7:50:22 PM UTC by rct247***

As Mamoosh hinted at above, MM would require huge inverstments yearly to fix, and it's target audience is hardcore teens. 17 rollercoasters guarantees that.

Just to clarify I was not hinting at any one specific park, such as SFMM.