Wild West World files Chapter 11 two months after opening

Posted | Contributed by Jeff

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.

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Jeff's avatar
Who says it has to be sold at all? The point of bankruptcy is to reorganize and reach a point where it's sustainable business. The thing they obviously left out of the financing was an operating budget, which was pretty silly given the weather dependent nature of the business.

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