Riding Nostalgia To Profits

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WSJ:
Keith DeWitt was looking for a unique present for his new granddaughter when he stumbled upon a Web site, kiddieridesusa.com, selling a lion kiddie ride for $2,000.

As a big-game hunter, Mr. DeWitt thought the ride would make a nice addition to his trophy room above the garage. And it would be something his grandchildren would enjoy using when they visited. The 53-year-old Mr. DeWitt, who is semi-retired from the poultry industry, says he has fond memories of going on such rides each week outside the grocery store when he was young. ‘That was a fun time,’ he says.

That’s the kind of sentiment Damon Carson, the president of Denver-based Kiddie Rides USA, counts on.

New Market
Coin-operated kiddie rides were once ubiquitous in supermarkets, shopping malls and outside the corner store. Fewer of the brightly colored fiberglass contraptions exist in such places these days, however, as the cost of rental space has gone up and the companies that operate the rides say it’s getting harder to make a profit.

But thanks to Kiddie Rides USA, some of these pieces of Americana are finding their way to a new market. Kiddie Rides buys old units from the companies that operate the rides, then it refurbishes and sells them, at a fraction of their original cost, directly to individuals and businesses - ice-cream shops, pediatricians’ offices, hair salons, museums - that traditionally wouldn’t house them. Carry on reading.

 

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