Illinois’ largest water park, Raging Waves, is making waves in the news with its recent acquisition by bowling alley operator Bowlero. The park, spanning over 58 acres of land and operating seasonally from June to September, has caught the attention of Bowlero CEO Thomas Shannon who sees great potential for the park’s development in the near future.
According to a report from Investing.com, Bowlero has acquired Raging Waves in Yorkville, Illinois, and has referred to it as a “superb, very profitable property.” This acquisition is a strategic move by the bowling alley giant, as it expands its portfolio beyond just bowling alleys and into the popular water park industry.
Shannon, in a Q&A included in the Investing.com report, alluded to potential major changes in store for the water park. He mentioned that while the park has excellent infrastructure and is well-located, there were certain key elements missing, such as alcohol sales. Shannon pointed out that adding alcohol sales would not only enhance the experience for adult visitors but also bring in significant revenue for the park.
This acquisition was made possible through collaboration with prominent businessmen who are experts in managing water parks. Shannon emphasized that their expertise in the regional water park industry will prove to be valuable in the growth of Raging Waves.
The timing of the acquisition also plays a crucial role in Bowlero’s plans for the park. With the park’s opening scheduled for June 1 and operating until September 2, Bowlero will have an entire season to evaluate its performance and make necessary changes before any further transactions or developments take place.
While the addition of a water park may seem like a drastic change for a bowling alley operator, Shannon made it clear that Bowlero has no intention of abandoning its core business. In fact, the company sees this as an opportunity to diversify and expand its operations while still maintaining a strong presence in the bowling industry.
For those eager to visit Raging Waves, the park is set to open its gates on June 1. It will operate on a weekends-only schedule during the last two weeks of August, providing ample opportunity for visitors to enjoy its thrilling rides and attractions.
This exciting news has already generated buzz among park enthusiasts, with many eagerly anticipating the changes and improvements Bowlero will bring to Raging Waves. With the expertise and resources of Bowlero behind it, the water park is expected to have a successful and profitable season.
For more information on Raging Waves and its attractions, visit the park’s website. Don’t miss out on the opportunity to experience this newly acquired gem in Illinois. Get ready to make a splash at Raging Waves!
