UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 20, 2000
Holiday RV Superstores, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-16448 59-1834763
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(State or other (Commission File Number) (IRS Employer
Jurisdiction of Incorporation Identification No.)
7851 Greenbriar Parkway, Orlando, Florida 32819
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (407) 363-9211
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On March 20, 2000, Holiday RV Superstores, Inc. acquired the inventory
and operating assets and facility lease of Luke Potter Winnebago in Winter
Garden, Florida. Luke Potter Winnebago is a full-line RV dealership with
revenues of approximately $9 million in 1999.
The press release issued by Holiday is incorporated by reference and
attached hereto as Exhibit 99.1.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HOLIDAY RV SUPERSTORES, INC.
Dated: March 21, 2000 By: /s/ Gary Rodney
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Gary Rodney
Chief Financial Officer
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INDEX TO EXHIBITS
Exhibit No. Description
99.1 Press Release dated March 20, 2000.
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PRESS RELEASE
FOR: HOLIDAY RV SUPERSTORES, INC.
CONTACT: Ron Huneycutt
(407) 363-9211
KCSA Daniel Stepanek/Joseph A. Mansi
CONTACT: (212) 896-1202/(212) 896-1205
[email protected] / [email protected]
www.kcsa.com
RECREATION USA ACQUIRES ASSETS OF LUKE POTTER WINNEBAGO
ORLANDO, Fla., March 20, 2000 - Holiday RV Superstores, Inc. operating under the
trade name Recreation USA (NASDAQ: RVEE), announced today that the company
acquired the inventory and operating assets and facility lease of Luke Potter
Winnebago in Winter Garden, Florida.
Luke Potter Winnebago is a full line Winnebago dealership with revenues of
approximately $9 million in 1999. The 16,500 sq. ft. Winter Garden dealership is
on 5+ acres of land. The service area of over 12,000 sq. ft can hold up to 15
units and includes an EPA approved paint area.
Ronald G. Huneycutt, President and CEO of Recreation USA said, "The Winter
Garden location gives Recreation USA a high traffic location with great
visibility in the Orlando market. The new Winter Garden location in combination
with our existing Orlando location will provide significant additional revenues
with an anticipated reduction in overhead. This dealership is strategically
located among other established RV dealerships surrounded by a solid base of RV
customers. This move not only gives Recreation USA a more visible presence in
the Orlando market but is a strong step in achieving our strategic plan of
expanding vehicle service."
In addition to the Winter Garden location, Recreation USA also acquired the
right to carry the Winnebago product lines at the Clermont, Florida location.
Mr. Huneycutt stated, "The acquisition of the Winnebago lines will complement
the motorhome lines carried at the Orlando location" (Airstream, Fleetwood,
Gulfstream, Thor, and Harney Coach)
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Recreation USA, as the nation's only public traded chain of dealerships,
has 14 such dealerships located in California, Florida, New Mexico, South
Carolina, Virginia and West Virginia which sell, service and finance more than
60 RV and 10 boat brands. The Company also markets its offerings through an
advanced e-commerce website at www.recusa.com.
# # #
The statements contained in this news release include certain predictions
and projections that may be considered forward-looking statements under security
laws. These statements involve a number of risks and uncertainties that could
cause results to differ materially including, but not limited to, the
performance of the recreational vehicle or boat industries, certain customers or
affiliated companies, as well as other economic, competitive, governmental and
technological factors affecting the Company's operations, markets, products,
services and prices.
This release and prior releases are available on the KCSA Public Relations
Worldwide website at www.kcsa.com.
