Outdoor Hospitality News

For owners, operators, team members, and anyone else interested in camping, glamping, or the RV industry.

Lazydays Acquires Buddy Gregg RVs: A Strategic Move for Growth and Expansion

Lazydays RV has announced the completion of its acquisition of Buddy Gregg RVs & Motor Homes in Knoxville, Tennessee. 

This strategic move not only strengthens Lazydays’ presence in the Knoxville market but also more than offsets the loss of their Maryville store, which is set to close due to the expansion of the Alcoa Highway by the Tennessee Department of Transportation. 

The newly acquired store has been renamed Lazydays RV of Knoxville at Turkey Creek and is expected to generate approximately $40 million in annualized revenue, according to a press release.

The acquisition of Buddy Gregg RVs is a significant step for Lazydays in catering to the diverse RV needs of the Tennessee region. With a rich history in the Tennessee market, Lazydays aims to bring even more convenience, choice, and top-tier RV options to its valued customers in Knoxville. 

This acquisition is a testament to Lazydays’ commitment to excellence, which has led to enduring relationships with RVers and their families, who rely on them for all their RV needs.

Since its inception in 1976, Lazydays has earned a stellar reputation for delivering exceptional RV sales, service, and ownership experiences. The company’s strategic approach to rapid expansion involves growing their network through both acquisitions and new builds. 

Lazydays offers a wide selection of RV brands from top manufacturers, state-of-the-art service facilities, and an extensive range of accessories and parts, making it the go-to destination for RV enthusiasts.

Whether you’re a seasoned RVer or just starting your adventure, the dedicated team at Lazydays 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.”

It’s important to note that this press release includes “forward-looking statements” within the meaning of the “Safe-Harbor” provisions of the Private Securities Litigation Reform Act of 1995. 

These statements include goals, plans, projections, and guidance regarding Lazydays’ financial position, results of operations, market position, pending and potential future acquisitions, and business strategy.

The acquisition of Buddy Gregg RVs by Lazydays is a significant development for both companies and the local area. It not only strengthens Lazydays’ presence in the Knoxville market but also brings more convenience, choice, and top-tier RV options to its valued customers in the area. 

This move is expected to generate approximately $40 million in annualized revenue, contributing to the local economy.

The acquisition of Buddy Gregg RVs by Lazydays is a strategic move that strengthens the company’s presence in the Knoxville market and brings more convenience and choice to its customers. It’s a significant development for both companies and the local area, contributing to the local economy and offering top-tier RV options to RV enthusiasts.

0 0 votes
Article Rating
2 Comments
Inline Feedbacks
View all comments
lisa_lopez
lisa_lopez
April 8, 2024 2:10 am

I just heard that Lazydays snagged Buddy Gregg RVs. Now, there are more RV options in Knoxville! This move sounds like it’ll make RV shopping a breeze. What do you think about Lazydays expanding in Tennessee?

Wade Sky
Wade Sky
May 22, 2024 10:27 pm

I’m thrilled about Lazydays joining forces with Buddy Gregg RVs! It means more awesome RV choices and stellar customer service for us RV enthusiasts. Can’t wait for the journey ahead! 😊🚐

Advertisement

Send this to a friend
Hi, you might find this article from Modern Campground interesting: Lazydays Acquires Buddy Gregg RVs: A Strategic Move for Growth and Expansion! This is the link: https://moderncampground.com/usa/tennessee/lazydays-acquires-buddy-gregg-rvs-a-strategic-move-for-growth-and-expansion/