Lazydays Files for Dissolution After Store Sales

A photo of the Lazydays location in Seffner, Florida.

The final Lazydays store sites were sold to Campers Inn on Nov. 28, the company disclosed in a filing with the Securities and Exchange Commission. After the sales closed, Lazydays entered into an agreement with Lazy Liquidation, LLC, to sell, liquidate and dispose of the company’s estate.

The filing said Lazydays has ceased business operations and filed its plan of dissolution with the state of Delaware, effective at 5:30 p.m. Eastern time Nov. 28. The company’s executives and board members resigned in conjunction with the filing.

The final store sales included Lazydays’ flagship location in Seffner, Florida. The store remains operational as Lazydays RV powered by Campers Inn RV. The sale of the store and Lazydays property and assets in Tampa, Florida; Wildwood, Florida; and Las Vegas fetched $88.1 million. In all, Lazydays said Campers Inn paid approximately $231.6 million for the combined assets and land related to Lazydays’ 13 locations.

The sale brings an end to nearly a half-century of Lazydays operations. The company was founded in 1976 by the Wallace family, led by father Herman Wallace and sons Don and Ron Wallace. Don Wallace took over the business in 1993 when Herman Wallace retired.

Lazydays began with its flagship Tampa store, two travel trailers for sale and $500 in assets. The Tampa location grew to 126 acres, the largest RV dealership in the world. The campus included over 200 service bays, an RV resort with over 300 sites and a 20,000-square-foot parts/accessories store. As recently as two years ago, the company said the Tampa store accounted for over a third of its annual revenues. In 2018, Lazydays was taken public.

Lazydays grew from one store to 25 locations in early 2024. The company’s final new store opened in Surprise, Arizona, in March 2024. From 2021-2024, the dealer chain more than doubled its store count, growing from 11 locations to 25.

The growth came with ups and downs. In March 2022, B. Riley Financial submitted a takeover bid for Lazydays that valued the company at approximately $212 million. The Lazydays Board of Directors rejected the bid because it “meaningly undervalued” the company.

The offer came just three months after former chairman and CEO William Murnane announced he would resign. Murnane’s last day as CEO was March 16, 2022, two days after the board rejected B. Riley Financial.

Murnane’s successor, John North, continued the company’s expansion until his resignation in September 2024. Under North, Lazydays began exploring strategic options, including a sale of the company in June 2024. Later that month, Lazydays’ management had its first discussion with Campers Inn representatives about a potential acquisition.

Ronald Fleming was named the company’s interim CEO, then became permanent CEO in July 2025.

 

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