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Your own large scale RR

Posted: Fri Jun 16, 2017 11:34 am
by RONALD
Here is a large scale RR and Wild-west town that could be your own, and only for a measly $7,000,000.00:

https://www.nytimes.com/2017/06/15/busi ... .html?_r=2

Re: Your own large scale RR

Posted: Sat Jun 17, 2017 1:23 am
by Loco112
Its neat looking for a wild west miniature town, but the train is not much, and there's only 23 acres. Maybe they have a paved parking lot, some offices, structures. So, where's the other $5 million dollars ? If it gets a lot of income from the gate that's where the money is represented.

Re: Your own large scale RR

Posted: Sat Jun 17, 2017 9:55 am
by RussellCofIdaho
Pretty interesting, kind of sad how things change. I like the little amusement parks, and they DO make money, like the article says, it brings in $10 million a year. But there are EASIER ways to make money; development, high-end restaurant, car lot, whatever. Most people these days I think are looking for a more 'glamorous' career than 'park operator', it can be done but it has to be by someone who really WANTS to do that.

We really wanted to do something like this on our farm but starting such a business from scratch is more difficult even than buying one that is already running, no bank in their right mind will give you the millions needed to start something like that and not enough people will visit a 'half-finished' attraction to help get it off the ground.

It seems people don't have a vision of how to do something like this. Again, sad.

Re: Your own large scale RR

Posted: Thu Jun 21, 2018 9:02 am
by Adirondack
Owner financing would make it an easier "sell". You need to feel the dream, and a bank won't do that.

ADK

Re: Your own large scale RR

Posted: Thu Jun 21, 2018 10:30 am
by rkcarguy
RussellCofIdaho wrote:
Sat Jun 17, 2017 9:55 am
Pretty interesting, kind of sad how things change. I like the little amusement parks, and they DO make money, like the article says, it brings in $10 million a year. But there are EASIER ways to make money; development, high-end restaurant, car lot, whatever. Most people these days I think are looking for a more 'glamorous' career than 'park operator', it can be done but it has to be by someone who really WANTS to do that.

We really wanted to do something like this on our farm but starting such a business from scratch is more difficult even than buying one that is already running, no bank in their right mind will give you the millions needed to start something like that and not enough people will visit a 'half-finished' attraction to help get it off the ground.

It seems people don't have a vision of how to do something like this. Again, sad.
People in general don't seem to have any vision. I see these house remodel/flipping shows where they pay $3500+ to someone to stage furniture when they put a house up for sale, and it makes me shake my head.