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LAZYDAYS AND RON HOOVER RV & MARINE COMPLETE TULSA, OKLAHOMA TRANSACTION

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Lazydays Holdings (NASDAQ:GORV) has successfully completed the sale of its Tulsa, Oklahoma location's assets and real estate to Ron Hoover RV & Marine. CEO Ron Fleming highlighted that this strategic divestment aligns with the company's goals of debt reduction and balance sheet strengthening. The transaction was executed efficiently, allowing Lazydays to maintain focus on its core store locations.

Lazydays Holdings (NASDAQ:GORV) ha completato con successo la vendita dei beni e degli immobili della sua sede di Tulsa, Oklahoma, a Ron Hoover RV & Marine. Il CEO Ron Fleming ha sottolineato che questa cessione strategica 猫 in linea con gli obiettivi dell'azienda di riduzione del debito e rafforzamento del bilancio. L'operazione 猫 stata eseguita in modo efficiente, consentendo a Lazydays di mantenere il focus sulle sue sedi principali.

Lazydays Holdings (NASDAQ:GORV) ha completado con 茅xito la venta de los activos y bienes ra铆ces de su ubicaci贸n en Tulsa, Oklahoma, a Ron Hoover RV & Marine. El CEO Ron Fleming destac贸 que esta desinversi贸n estrat茅gica est谩 alineada con los objetivos de la empresa de reducci贸n de deuda y fortalecimiento del balance. La transacci贸n se ejecut贸 de manera eficiente, permitiendo a Lazydays mantener el enfoque en sus ubicaciones principales.

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Lazydays Holdings (NASDAQ:GORV) a finalis茅 avec succ猫s la vente des actifs et de l'immobilier de son site de Tulsa, Oklahoma, 脿 Ron Hoover RV & Marine. Le PDG Ron Fleming a soulign茅 que cette cession strat茅gique s'inscrit dans les objectifs de l'entreprise de r茅duction de la dette et de renforcement du bilan. La transaction a 茅t茅 men茅e efficacement, permettant 脿 Lazydays de rester concentr茅 sur ses emplacements principaux.

Lazydays Holdings (NASDAQ:GORV) hat den Verkauf der Verm枚genswerte und Immobilien seines Standorts in Tulsa, Oklahoma, erfolgreich an Ron Hoover RV & Marine abgeschlossen. CEO Ron Fleming betonte, dass dieser strategische Verkauf im Einklang mit den Zielen des Unternehmens zur Schuldenreduzierung und St盲rkung der Bilanz steht. Die Transaktion wurde effizient abgewickelt, sodass Lazydays sich weiterhin auf seine Kernstandorte konzentrieren kann.

Positive
  • Strategic debt reduction through asset sale
  • Balance sheet strengthening initiative
  • Quick and smooth transaction completion
  • Strategic focus on core store locations
Negative
  • Reduction in geographic presence with exit from Tulsa market

TAMPA, Fla., Aug. 5, 2025 /PRNewswire/ -- Lazydays Holdings, Inc. (NASDAQCM: GORV) ("Lazydays" or the "Company") announced today that it has completed the asset and real estate sale of its Tulsa, Oklahoma location to Ron Hoover RV & Marine.

Ron Fleming, CEO of Lazydays, said, "We are pleased to complete the previously announced sale of our location in Tulsa, Oklahoma to Ron Hoover RV & Marine. The transaction closed quickly and smoothly, and furthered our execution of paying off meaningful debt and strengthening our balance sheet. We look forward to continuing our focus on our core footprint of stores."

About Lazydays

Lazydays has been a prominent player in the RV industry since our inception in 1976, earning a stellar reputation for delivering exceptional RV sales, service, and ownership experiences. Our commitment to excellence has led to enduring relationships with RVers and their families who rely on us for all of their RV needs.

Our 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, our 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 "GORV."

About Ron Hoover RV & Marine

Ron Hoover RV & Marine is Texas's leading provider of RVs, boats, and outdoor equipment, proudly serving customers since 1987. Family-owned and operated, the company is built on a foundation of integrity, exceptional customer service, and a passion for helping families enjoy the outdoors. With multiple locations across Texas and Oklahoma, Ron Hoover RV & Marine offers a wide selection of top brands, expert service, and a commitment to customer satisfaction that has made it a trusted name in the industry for nearly four decades.

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 financing transactions 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, the benefits of the potential transaction described herein and the future financial performance of the Company following such transaction.

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 our ability to obtain further waivers or amendments to credit agreements, the actions or inactions of our lenders, available borrowing capacity, our compliance with financial covenants and our ability to refinance or repay indebtedness on terms acceptable to us), acts of God or other incidents which may adversely impact our operations and financial performance, government regulations, legislation and others set forth throughout under the headers "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" and in the notes to our financial statements, in our most recent Quarterly Report on Form 10-Q, Annual Report on Form 10-K and from time to time in our other filings with the U.S. Securities and Exchange Commission. 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, which are made as of the date of this release.

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FAQ

What assets did Lazydays Holdings (GORV) sell in Tulsa, Oklahoma?

Lazydays Holdings sold its Tulsa, Oklahoma location's assets and real estate to Ron Hoover RV & Marine.

Who purchased Lazydays' Tulsa, Oklahoma location?

Ron Hoover RV & Marine purchased Lazydays' Tulsa, Oklahoma location, including both assets and real estate.

What is the purpose of Lazydays Holdings' (GORV) Tulsa location sale?

The sale is part of Lazydays' strategy to pay off meaningful debt and strengthen its balance sheet while focusing on its core store footprint.

How did the Lazydays (GORV) Tulsa transaction process go?

According to CEO Ron Fleming, the transaction closed quickly and smoothly, successfully achieving the company's strategic objectives.
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Auto & Truck Dealerships
Retail-auto Dealers & Gasoline Stations
United States
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