Lazydays Holdings Sells Dealerships in $5.6M Agreement

Lazydays Holdings ( (GORV) ) has issued an announcement.

On May 9, 2025, Lazydays Holdings, Inc. entered into an Asset Purchase Agreement with General R.V. Center, Inc. to sell its RV sales and service dealerships in Fort Pierce, Florida, Longmont, Colorado, and Mesa, Arizona for approximately $5.6 million plus additional cash for inventory and other assets. This agreement includes a series of closings and may be terminated under certain conditions. Additionally, a Real Estate Purchase Agreement was signed for the Fort Pierce location for $21 million, contingent on the asset sale’s completion. The company also amended its credit agreement with M&T Bank, extending deadlines for certain financial obligations.

The most recent analyst rating on (GORV) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Lazydays Holdings stock, see the GORV Stock Forecast page.

Spark’s Take on GORV Stock

According to Spark, TipRanks’ AI Analyst, GORV is a Underperform.

Lazydays Holdings’ overall stock score reflects significant financial and operational challenges, including declining revenues and profitability, high leverage, and bearish technical indicators. While strategic initiatives and restructuring efforts provide some optimism, these are counterbalanced by ongoing market pressures and valuation concerns.

To see Spark’s full report on GORV stock, click here.

More about Lazydays Holdings

Lazydays Holdings, Inc. operates in the recreational vehicle (RV) industry, focusing on the sales and service of RVs through its dealerships.

Average Trading Volume: 250,867

Technical Sentiment Signal: Sell

Current Market Cap: $16.08M

Find detailed analytics on GORV stock on TipRanks’ Stock Analysis page.