#United States #Lazydays #General RV #Fort Pierce

Lazydays and General RV Close Fort Pierce Transaction

On June 6, 2025, Lazydays Holdings, Inc. (NASDAQCM: GORV) announced the successful completion of an asset and real estate sale of its Fort Pierce, Florida location to General R.V. Center, Inc. This strategic move marks a significant step in Lazydays' efforts to streamline operations and enhance their dealership portfolio.

Background of the Deal

The acquisition by General RV represents their continued expansion in the recreational vehicle (RV) industry. Loren Baidas, CEO of General RV and a third-generation family owner, expressed gratitude towards Lazydays for their collaboration throughout this transition. Since the opening of their existing Fort Pierce Supercenter in 2023, General RV has been actively seeking ways to improve customer service and accessibility, a goal they believe this acquisition will further achieve through the new, larger facility located conveniently on I-95.

In an official statement, Ron Fleming, the Interim CEO of Lazydays elaborated on the significance of this sale. He noted that this transaction is a crucial aspect of their strategy to streamline operations while also alleviating existing debt, thus bolstering their balance sheet with increased cash flows. Fleming voiced satisfaction about the smooth process of the sale and looked forward to cooperating with General RV on the remaining divestiture in Longmont, Colorado.

General RV Growth Initiatives

In recent years, General RV has made impressive strides, nearly doubling its number of Supercenters across the U.S. The company, now boasting more than 20 locations in nine states, provides an extensive range of RV models, including both budget-friendly trailers and high-end motorhomes. Their recent expansion also features a newly acquired location in Mesa, Arizona, which signifies their ongoing commitment to establishing a robust nationwide presence.

The Reputation of Lazydays

Lazydays, established in 1976, has become a renowned name in the RV industry, recognized for exemplary sales and service experiences. Their dedication to quality has fostered lasting relationships with RV enthusiasts. The company offers a broad selection of RV models, complemented by state-of-the-art service facilities and a vast inventory of parts and accessories, positioning themselves as a go-to destination for those entering or deeply engaged in the RV lifestyle.

Conclusion

The completion of this sale underscores the active role both companies play in the RV marketplace. With General RV expanding its footprint while Lazydays optimizes its operations, both companies are well-positioned to capitalize on the growing interest in RV travel. The implications for customers in Fort Pierce and beyond are promising, as both entities strive to enhance their service offerings and accessibility in the ever-evolving RV industry.