Camping World/Good Sam Buy American RV
Camping World Inc. and Good Sam Enterprises LLC announced the signing of an agreement to acquire American RV, an existing RV dealership in Olive Branch, Miss., in the next 60 to 90 days.
According to a news release, plans are for the location to undergo expansion to renovate into larger facility including additional service bays, a new Camping World retail store and a state-of-the-art collision center. The company has nearby RV supercenters in the Little Rock, Nashville and Calera markets and a total of seven stores in the greater regional area. American RV is owned by Peter Albano, who previously served as Convention/Expo Chairman for the Recreation Vehicle Dealers Association (RVDA).
“We are pleased to begin the acquisition of American RV and expand our market share throughout Mississippi as well as nearby Alabama, Arkansas and Tennessee,” said Marcus Lemonis, chairman and CEO of Camping World and Good Sam. “We expect the greater Memphis market to allow us to broaden our customer reach, build upon our market leadership position in recreational sales, and make Camping World the leading retailer in the growing outdoor market.”
Lemonis continued, “Our goal is to add more quality manufacturers and brands, increase our presence in the market, and grow the work force. The greater Memphis area is perfect for outdoor enthusiasts to fish, hike, camp, and swim and just enjoy life. We are excited to begin serving this market. “
The new location, officially named Camping World of Memphis, is the first full-service location in Mississippi for the company. However, Camping World, Lemonis and his family have long-standing ties to the nearby Memphis area with its continuous support of the St. Jude Children’s Research Hospital, which provides pioneering work in finding cures and saving children with cancer and other catastrophic diseases.
The new outlet will add to Camping World’s future growth plans and the company expects to soon announce several additional markets of expansion throughout the country. The company will also be adding new positions for seasoned and professional RV sales associates, technicians and retail support to join current employees at the American RV location as the facility expands.