TAMPA,
Fla., Aug. 8, 2023 /PRNewswire/ -- Lazydays
(NasdaqCM: LAZY) has completed the acquisition of Century RV in
Longmont, Colorado. This
acquisition strengthens its presence in Denver, making Lazydays RV the premier choice
for RVers in Colorado. The store
has been renamed "Lazydays RV of Denver at Longmont" and Lazydays anticipates
approximately $50 million in
annualized revenue.
With its rich history in the Denver market, Lazydays is well-prepared to
cater to the diverse RV needs of this region. By acquiring Century
RV and its exceptional team of employees, Lazydays aims to bring
even more convenience, choice, and top-tier RV options to its
valued customers in Colorado.
Lazydays would also like to thank the sellers, Steve and
Maggie Hatanaka, for their efforts in making this acquisition
incredibly smooth.
About Lazydays
Lazydays has been a prominent player in
the RV industry since its inception in 1976, earning a stellar
reputation for delivering exceptional RV sales, service, and
ownership experiences. Its commitment to excellence has led to
enduring relationships with RVers and their families, who rely on
Lazydays for all their RV needs.
With a strategic approach to rapid expansion, Lazydays is
growing its network through both acquisitions and new builds. Its
wide selection of RV brands from top manufacturers,
state-of-the-art service facilities, and an extensive range of
accessories and parts ensure that Lazydays is the go-to destination
for RV enthusiasts seeking everything they need for their journeys
on the road. Whether you're a seasoned RVer or just starting your
adventure, Lazydays' dedicated team is here to provide outstanding
support and guidance, making your RV lifestyle truly
extraordinary.
Lazydays is a publicly listed company on the Nasdaq stock
exchange under the ticker "LAZY."
Forward-Looking Statements
This press release includes
"forward-looking statements" within the meaning of the
"Safe-Harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Forward looking statements include statements
regarding our goals, plans, projections and guidance regarding our
financial position, results of operations, market position, pending
and potential future acquisitions and business strategy, and often
contain words such as "project," "outlook," "expect," "anticipate,"
"intend," "plan," "believe," "estimate," "may," "seek," "would,"
"should," "likely," "goal," "strategy," "future," "maintain,"
"continue," "remain," "target" or "will" and similar references to
future periods. Examples of forward-looking statements in this
press release include, among others, statements regarding:
- Our ability to improve store performance;
- Anticipated acquisition opportunities and additions of
dealership locations to our portfolio in the future, and our
ability to improve earnings and achieve returns on
investments;
- Anticipated revenues from acquired and open point stores;
and
- Anticipated availability of liquidity from our credit facility
and unfinanced operating real estate.
By their nature, forward-looking statements involve risks and
uncertainties because they relate to events that depend on
circumstances that may or may not occur in the future.
Forward-looking statements are not guarantees of future
performance, and our actual results of operations, financial
condition and liquidity and development of the industry in which we
operate may differ materially from those made in or suggested by
the forward-looking statements in this press release. The risks and
uncertainties that could cause actual results to differ materially
from estimated or projected results include, without limitation,
future economic and financial conditions (both nationally and
locally), changes in customer demand, our relationship with, and
the financial and operational stability of, vehicle manufacturers
and other suppliers, risks associated with our indebtedness
(including available borrowing capacity, compliance with financial
covenants and ability to refinance or repay indebtedness on
favorable terms), acts of God or other incidents which may
adversely impact our operations and financial performance,
government regulations, legislation and others set forth throughout
"Part II, Item 7. Management's Discussion and Analysis of Financial
Condition and Results of Operations" and in "Part I, Item 1A. Risk
Factors" of our most recent Annual Report on Form 10-K, and from
time to time in our other filings with the SEC. We urge you to
carefully consider this information and not place undue reliance on
forward-looking statements. We undertake no duty to update our
forward-looking statements, including our earnings outlook, which
are made as of the date of this release.
Contact:
Investor Relations
investors@lazydays.com
News Contact:
+1 (813) 204-4099
investors@lazydays.com
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SOURCE Lazydays Holdings, Inc.