The rock may live on after all.

According to court documents filed yesterday, the rock ‘n’ roll theme park has found a buyer, willing to pay $25 million for the property, as is.  The park’s purchaser, FPI MB Entertainment, has put down a $2.3 million down payment and is hoping to close the sale quickly, by Feb. 20 if possible.

Per the asset purchase agreement, the price will drove $1 million if the sale is not complete by February 20 and will continue to drop $50,000 per day afterwards if the sale is not closed.

The buyer is hoping to reopen the park quickly, with full operation open by Memorial Day weekend. The new owners expect a soft opening prior to then.

The sale must still be approved by the bankruptcy court at a sale approval hearing Feb. 17.

For more information visit The Sun News.