Lazydays Holdings, Inc. (GORV) announced a definitive agreement to sell the assets and real estate of its Tulsa, Oklahoma location to Ron Hoover RV & Marine.
The parties expect to finalize the transaction in the coming weeks,
Ron Fleming, CEO of Lazydays Holdings, said this sale will streamline operations and bring cash to the balance sheet, aiding in debt reduction.
He added that the company looks forward to closing the deal quickly and focusing on its core dealerships.