m_and_a
confidence high
sentiment neutral
materiality 0.55
Lazydays sells Las Vegas RV dealership to Fun Town RV; real estate also sold for $6.7M
Lazydays Holdings, Inc.
- Asset sale price: $300,000 base plus cash for new/used RV inventory (amount per schedules).
- Real estate sale for ~$6.7M includes Las Vegas dealership property and Surprise, AZ leasehold.
- Closing expected by June 30, 2025, simultaneous with real estate; Buyer has due diligence termination right until June 6.
- Proceeds will repay indebtedness secured by the sold assets.
item 1.01item 9.01