Friday, September 7, 2007

Wild Adventures + Cypress Gardens For Sale

Both Wild Adventures Theme Park and Cypress Gardens are for sale. There will be an auction for the parks on the 25th of this month. If you happen to have some extra cash laying around, the Florida property still start at $17.4 million and the Georgia property for $38.85 million.

Three hurricanes that hit Cypress Gardens in 2004 sent the operator of the parks into financial dismay. Unpaid insurance claims led to bankruptcy and now an auction has been scheduled.

I wouldn't be surprised to see Kent Buescher (current owner) purchase the parks again at the auction under a new company and try again.

The Ledger has the best article on the matter that I've seen.