The park was owned, developed, and operated by Thomas and Cheryl Etheredge doing business as Wild West World, LLC and Restoration Farms, Inc.

[citation needed] On July 9, 2007, barely two months after the park opened, the owners filed for bankruptcy and closed it down.

They cited lagging attendance and bad weather as the main factors for the decision, but experts also point to an inadequate business plan and a poor theming choice.

[7] On April 19, 2009, Thomas Etheredge was arrested on 10 counts of securities fraud related to investments in the park totaling $800,000, much of which was raised from the members of Wichita's Summit Church.

[8] After the park filed bankruptcy, it was learned that Etheredge had previously served three years in prison for securities fraud in another investment scheme.