Lazydays and General RV Complete Colorado Store Sale

TAMPA, Fla. — Lazydays Holdings, Inc. (NASDAQCM: GORV) announced June 13 that it has closed on the asset sale of its Longmont, Colo., location to General RV Center Inc.. This closing marks the final transaction completion of the previously announced three stores to General RV, according to a release. (See: “Lazydays, General RV Complete Fort Pierce, Fla. Transaction” and “Lazydays and General RV Complete Mesa, Ariz., Transaction”.)

“Expanding our footprint into Colorado represents our ongoing commitment to our current and future customers to provide access to premier customer service and endless options for their RVing needs,” said General RV CEO and third-generation family owner Loren Baidas. “Working with the team at Lazydays has helped us achieve our goals to do just that in a new region.”

Ron Fleming, Interim CEO of Lazydays, said, “We have completed the last of our previously announced sales to General RV with the closing of our location in Longmont, Colorado. The closing of this transaction allows Lazydays to focus on our streamlined footprint, including our legacy store in Loveland, Colorado, which we have operated for nearly 10 years. We again thank General RV for this expeditious and smooth transaction process.”

In the past three years, General RV has nearly doubled its number of Supercenters nationwide offering sales and service of thousands of RVs ranging from affordable travel trailers to luxury motorhomes. The third-generation, family-owned company currently has 23 locations in nine states including Florida, Illinois, Ohio, Virginia, Utah, North Carolina, Pennsylvania, Arizona and Michigan, where its corporate offices are located. The company’s two most recent acquisitions include its first Supercenter in Mesa, Arizona, and a new facility in Fort Pierce, Florida. This is General RV’s first location in the state of Colorado.

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