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Six Flags Agrees to Sell Seven Parks for $312 Million


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Magic Mountain on the other hand, is a cash cow. You really want to send a company south fast? It's been said, SFMM, SFGAdv., and SFGAm, bring in 50% of SFI's profits. I bet you SFMM is the largest of the three in terms of that lion share profit. Certainly being in a climate that enables year round operations is a huge bonus.

 

I not so sure SFMM is the biggest revenue generator in the chain. SFGAdv is always packed and charges twice as much for season passes. SFGAdv Flash Passes sell out on a regular basis and a vast majority of that Flash Pass income is pure profit.

 

SFMM might be open more days and have a lot more guests but many are repeat customers on season passes that are too cheap for the companies own good.

 

I still can't believe SF had not considerably raised the season pass price for SFMM. That would make it a true cash cow.

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Give me a parking structure, then I'll go to Six Flags.

 

I mean, seriously - this park's idea of making money is in short term season bursts where you spend 4-6 months putting up a new generation rollercoaster, so you can be ready for a summer crowd. But even in its 45th anniversary, this park is the same dump its been for decades now. And i know I'm preaching to the choir - but i have to get my thoughts out.

 

Honestly, this park is not all that bad - but add on the hour and a half drive to southern central californian hell (july in full heat), theres just no tangible reason that you even want to visit. It's location is the reason its still there, but its also its biggest crutch. In full heat, the park becomes rediculously sticky, where it feels like you're walking in the sweat and dried up gum of everyone around you. And thats enough to keep me away from the park. I absolutely love roller coasters (ever have since i was little), but this is no grand empire of beasts. This place is like Las Vegas - flashy attractions all around that distract you from noticing the slum you're really in. It's not a place to admire the view - it's a place to ride everything you can in a small amount of time while dodging loads of sweaty people. haha.

 

So the first thing that SFMM should consider is not a Maverick, or an X-tend coaster (please no) - it should be a closed parking structure (well, as closed as you can with seismic building codes) that gets you from your car to the entrance without the use of a rickety tram system. Something about waiting 15 minutes for a tram that can't accomodate everyone waiting at the gate in a 100 degree dry heat, just isn't the best way to start out your fun-filled day. Taking the walk from colossus, or scream! is just as bad, but usually more desirable! Imagine, having a structure that could accomodate at least 75% of the total space currently in the parking lots. Having that as your first experience instead of the Sarahan trek would be so much more desirable, at least i think. And it gets better: There would be enough parking so that no-one has to park in the dirt!

 

Imagine that.

 

Before theres a huge "placement" plan (haha, we've heard that how many times?), they need to just start with the basics of customer service. That starts all the way at the beginning - treatment of their staff. I don't know too much about how SFMM treats their staff, but from a customer standpoint, not all that well. But i think I'm talking too much soo...

 

Its good its not getting sold, and while i would like to see my plan go into action - it probably won't. And all these promises will not get realized. And Six Flags will fall ever deeper into debt.

 

Not that I'm a pessimist or anything - but its been 10-15years of the same gameplan. I can't see them using a radically different strategy.

 

 

I think the placement of Tatsu ruined an awsome view of Revolution that has been in rollercoaster books for decades:

 

http://www.loopscrew.com/pictures/SFMM/Desktops/Big/Img_0478.jpg

 

 

And now it has an steel mess behind it:

http://www.westcoaster.net/wcPhoto.php?upd=1&image=4731

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Magic Mountain on the other hand, is a cash cow. You really want to send a company south fast? It's been said, SFMM, SFGAdv., and SFGAm, bring in 50% of SFI's profits. I bet you SFMM is the largest of the three in terms of that lion share profit. Certainly being in a climate that enables year round operations is a huge bonus.

 

I not so sure SFMM is the biggest revenue generator in the chain. SFGAdv is always packed and charges twice as much for season passes. SFGAdv Flash Passes sell out on a regular basis and a vast majority of that Flash Pass income is pure profit.

 

SFMM might be open more days and have a lot more guests but many are repeat customers on season passes that are too cheap for the companies own good.

 

I still can't believe SF had not considerably raised the season pass price for SFMM. That would make it a true cash cow.

 

Shapiro followed in Burke's footsteps here by "giving away the gate". Mark felt the parking lot was worth more than the park I guess. Sounds like California Adventure to WDI.

 

It's nice to know Six Flags hasn't committed the sale money to pay down the "crippling" debt. Mark Shapiro called into Jim Cramer's "Mad Money with Jim Cramer", and said management hasn't decided exactly what they're going with the proceeds. Mark seemed quite elated with this sale (I don't remember hearing anyone state Magic Mountain had to be included for a sale to go through. In fact, everyone said that Magic Mountain was a deal killer.) Notice how the term real-estate was mentioned in assessing sale value? Other than brag about pocketing a small sum of cash (against a debt exceeding $2B), he offered no vision for the chain's future or what they should do to addresses woes at one of their flagship parks. I do conceed it was a short interview, but you could easily commit to making an effort to seriously improve the well know issues at SFMM.

 

Video Link

 

P.S. I wish I still had the link where he bashed Tatsu on Media Day (after praising it just minutes before at the podium). Oh well, he slayed the dragon by not even advertising it to the local crowd. I could see El Toro ads everywhere here in NYC.

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How on earth can you call Tatsu a "steel mess!?!?" I'm looking forward to that coaster the most out of any others I have a chance of riding in 2007!

 

It's location is so ugly! I used to love to look at pictures of Revolution because of where it was placed and how nicely it used the terrian. Now every decent picture of Revolutions loop has an eye sore in the background.

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I have to admit that the picture of Revolution's loop with the Sky Tower in the background was a classic amusement park shot, photo-wise. Now with part of Tatsu in the area, it does kind of spoil that shot.

 

Not to take away from Tatsu, but they did have to use that area to fit the ride in. Actually I'm surprised that all of that land sat unused for so long.

 

Eric

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Yeah, Tatsu does get in the way of the excellent view of Revolution, but what an awesome rollercoaster - not a steel mess at all.

 

Did the mountain this past weekend, on Saturday, the 13th, during the middle of this frigid cold spell we have going on out west here. Wasn't crowded at all, no wait in any lines really, except Tatsu. Of course, there were closed coasters(Ninja, Goliath, Psychlone, and X), but what was absolutely amazing, was that it was in the upper 30's, ice all over the walkways....and yet Jet Stream and Roaring Rapids was open and full of people.

 

Thats die-hard!

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How on earth can you call Tatsu a "steel mess!?!?" I'm looking forward to that coaster the most out of any others I have a chance of riding in 2007!

 

It's location is so ugly! I used to love to look at pictures of Revolution because of where it was placed and how nicely it used the terrian. Now every decent picture of Revolutions loop has an eye sore in the background.

 

Yeah it's a mess alright, a big beautiful mess of awesome bright B&M track! I actually applaud SFMM for choosing that hillside location, the stunning visuals while on Tatsu are far and away the best of any flyer, and some of the most incredible of any coaster! And if you haven't actually seen it in person for yourself, the giant soaring bright pretzel loop and helix towering over the entrance plaza is a much more spectacular visual and impressive park entrance than the 31yr old outdated sit down single looper was.

 

As far as ruining Revy, IMO SFMM took care of that long ago. The ride is a pale castrated shadow of the incredible coaster it once was, sitting rusted up, faded and neglected for years, only recently receiving any TLC ONLY because of Tatsu being built around it. Loosing that view is actually the least of the atrocities committed to that coaster by SFMM, so I gladly give up that view of a now mediocre coaster for the total complete awesomeness that is Tatsu!

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How on earth can you call Tatsu a "steel mess!?!?" I'm looking forward to that coaster the most out of any others I have a chance of riding in 2007!

 

It's location is so ugly! I used to love to look at pictures of Revolution because of where it was placed and how nicely it used the terrian. Now every decent picture of Revolutions loop has an eye sore in the background.

 

Ew. Get over it.

 

From your tone of voice, you make it apparent that you haven't seen Tatsu at the park up close. It really doesn't look as cluttered hanging over Revolution as most pictures make it look. It actually makes the entire area by Revolution look a A LOT nicer in person. Tatsu is hardly close to being an eyesore. And if that still isn't satisfactory, then you're more than welcome to gawk at the hundreds of photos online of pre-Tatsu Revolution.

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  • 4 weeks later...

I just relized something

 

agreement to sell three of its water parks and four of its theme parks to PARC 7F-Operations Corporation (PARC) of Jacksonville, FL"
that is gonna start more rumors about "Six flags over florida"

 

altough i think we have all relized this is not gonna happen

 

i wouldn't mind one thoe

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From your tone of voice, you make it apparent that you haven't seen Tatsu at the park up close. It really doesn't look as cluttered hanging over Revolution as most pictures make it look. It actually makes the entire area by Revolution look a A LOT nicer in person. Tatsu is hardly close to being an eyesore. And if that still isn't satisfactory, then you're more than welcome to gawk at the hundreds of photos online of pre-Tatsu Revolution.

 

I agree for the most part. Tatsu is an attractive coaster. If anything they should rip Revolution out, because the ride isn't good anymore. Those are probably the worst restraints I've experienced.

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Okay, so I'm thinking of heading up to visit my family later this spring and I decided to see if Darien Lake was going to be opened or not and I did a search just now on Google and the Darien Lake site comes up as still being Six Flags...with a schedule and everything. I'll admit I didn't read through this entire post but what gives? They were sold right?

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From your tone of voice, you make it apparent that you haven't seen Tatsu at the park up close. It really doesn't look as cluttered hanging over Revolution as most pictures make it look. It actually makes the entire area by Revolution look a A LOT nicer in person. Tatsu is hardly close to being an eyesore. And if that still isn't satisfactory, then you're more than welcome to gawk at the hundreds of photos online of pre-Tatsu Revolution.

 

I agree for the most part. Tatsu is an attractive coaster. If anything they should rip Revolution out, because the ride isn't good anymore. Those are probably the worst restraints I've experienced.

 

Ripping out Revoluition would be one of the stupidest Ideas ive ever heard. Revolution is a SFMM icon! One of the first looping coasters of its time. Its a legend...

 

It COULD use some TLC, yes. For example, Psyclone, a total WASTE of wood. Thats why it got ripped out. It was terribly rough and just not worth it. Revolution is still A VERY good ride! Last time I rode it I enjoyed it very much and wasnt "in pain".

 

-Ryan

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^ Knowing that will never happen, I personally would rather see it removed *IF* they had something better to put in it's place.

 

For example, if the park announced a Storm-Runner like Intamin rocket, I would rather ride that than Revolution in it's current condition.

 

--Robb "Revolution is already dead to me." Alvey

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Speaking of which, when is this PARC company going to announce their presence? They said March... yet we are now digging into April.

 

I don't really trust this PARC company is going to get things on track, especially if they have not said a peep since they have bought the parks.

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On the subject of the revolution i think they should get new trains im sure new ones can be adapted to run on that track

 

Possibly. But Revolutions well being is low on their priority. They still have A LOT left to do! But no doubt new trains would help the ride...

 

-Ryan

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On the subject of the revolution i think they should get new trains im sure new ones can be adapted to run on that track

 

Possibly. But Revolutions well being is low on their priority. They still have A LOT left to do! But no doubt new trains would help the ride...

 

-Ryan

i think if they really thought about it and managed their funds better it would fit in the park restoration budget
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