Posted
A rainy spring and construction cost overruns did in Wild West World before it ever found its stride, says co-owner Thomas Etheredge, who announced Monday the theme park has filed for Chapter 11 bankruptcy and has closed its doors two months after it opened. The decision to file was difficult because Etheredge said he had dreamed of providing southcentral Kansas with the state's first theme park. Feasibility studies indicated to him it was a viable endeavor and to prove it, he and his wife Cheryl put up a good deal of their own money to finance the $30 million project in nearby Park City.
Read more from Wichita Business Journal.
Interesting that they relied on everything going perfect for it to work out. I think they were lucky to have even opened on time.
I hope they get a pass somehow. I mean, if they could get back on their feet now that the rain is gone, they could come back. It'd help if they could get some thrill rides.
One town in Wichitas market was wiped off the map in a tornado
Rob said the park was jumping sat July 6th and the employees seemed possitive on the outlook with plans for a major addition in the next year or two.
Sad, Real sad that at least one park in the area cant make it.
Chuck
The chances of me ever getting to Kansas were slim to none, but still, I like what they were offering. I thought their focus on flat-rides of all kinds was great and that by keeping it simple to start out with, they'd be able to put in the Kentucky Rumbler-type woodie someday.
That said, apparently a lot of people in that area are not very fond of this Etheridge guy. It seems he has quite an ego - he fired most of the original management prior to the opening last spring, despite his lack of experience with theme parks.
There is another story on this from The Wichita Eagle.
Just the other day, the wife and I were talking about going out and visiting family (who live in Sedgwick, about 5 miles from WWW) and visiting the park. Guess not.
Who are potential buyers? With SF probably not in a position to buy anything (not like they'd be interested in WWW anyway), and CF apparently on the auction block, are there any players who (in our imaginations) could be interested?
Doesn't make it any less sad though... I do hope that something good will happen - that area of the country has had enough bad news for this year...
-Esch
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