Funtime, Inc.


Funtime, Inc was an American amusement and entertainment company located in Cleveland, Ohio. The company was established in 1965. It owned several properties throughout its 31-year-long lifespan.

History

Funtime Inc. was established in 1965 when four former Cedar Point employees, including Gasper Lococo, a former military sergeant from Huron, pooled their resources and purchased Geauga Lake in Ohio for $5 million. The park had previously been owned by members of the Kuhlman/Schryer family. In 1983, the company began managing Wyandott Lake in Columbus, Ohio. That same year FunTime acquired 50% controlling interest in Darien Lake. In 1995, Funtime entered into an agreement to manage Lake Compounce in Bristol, Connecticut.

Sale To Premier Parks

In August 1995 Funtime, Inc. was acquired by Premier Parks for $60 million. The deal to manage Lake Compounce was canceled and the Kennywood Entertainment Company was awarded the contract.

Properties

NameLocationYear OpenedYear AcquiredFate
Geauga LakeAurora, Ohio18871968Sold to Six Flags in 1995 and later Cedar Fair in 2004. The Park permanently closed on September 16, 2007.
Darien LakeDarien, New York19541983Sold To Six Flags in 1995. And later PARC Management, Herschend Family Entertainment, Premier Parks LLC and currently EPR Properties with operations taken over by Six Flags.
Zoombezi BayColumbus, Ohio19771983Sold To Columbus Zoo and Aquarium in 1995.