Posted Monday, October 7, 2002 4:42 AM | Contributed by SyntaxError
Themeparks, LLC, the company that successfully upgraded Kentucky Kingdom and Crystal Falls water park, is now considering the purchase of VisionLand. Meanwhile, Wild Adventures is considering withdrawing its offer because the West Jefferson Amusement and Public Park Authority is not expected to make a decision in time to get the park ready to open next season.
Read more from The Birmingham News.
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That's an Interesting article with plenty of statistics to think about.
KK - 190,000 to 1.3 Million attendance before being sold to SF; makes you wonder what the attendance is running now
Magic Springs - over 300,000 in 3rd year.
Visionland 2001 - less than 400,000; capable of 700,000 to 1 million? Louisville and Birmingham may be similar in size, but B'ham doesn't have near the population within a 200 mile radius of Louisville. Even 700,000 sounds like a stretch ...
Visionland's rides only worth 2 million? You'd think Rampage alone is worth that much!
Visionland only spend 20% of the initial investment on rides and attractions?
25 million asking price is 'way too high'. Sounds like Themeparks LLC could end up with a bargain here if they can get this for $10M, invest about $20M over time, and have a 700,000 attendance park.
Here's to success for whoever ends up with this park; may you have a great re-opening in 2003!
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