News Blip:
Des Moines RV Superstore Opens In April
RVBusiness Reports On The Grand Opening Of RVOne Superstore This April, Along With Additional Expansions In The Areas Of Tampa And Orlando.
Editor's Note: This news item was retrieved through RVBusiness' website via Google.
The grand opening of a 30,000-square-foot facility from RV One Superstores Inc. in Des Moines, Iowa is anticipated early April as the company is firmly in expansion mode while projecting revenues in excess of $500 million. In addition to the Iowa opening, RV One’s docket for 2018 includes the unveiling of a new Tampa store on Nov. 1, the all-new Airstream of Central Florida on Nov. 15, and a new Orlando facility on Dec. 1. The company also has locations in Albany and Buffalo, N.Y.
According to the RVBusiness article and interview with RV One President and CEO Don Strollo, he explained that the ramp up is in response to the robust consumer demand for RVs, and from RV One Superstores in particular, that is still very much current. Revenue for the company’s first two months of 2018, he reported, was up 15.14% – $60 million versus $52 million – over the same period last year. If it holds true as expected, 2018 would represent the 18th consecutive year of revenue gains, he noted. In fact, RV One has ordered an additional $28 million in inventory to meet the projected sales demand. “In 2017 we surpassed a company milestone of 1,000 unit sales in a month. This year we believe the new Des Moines facility will help push us closer to 1,250 units a month,” Strollo said. “Demand is simply stronger than people think. I’ve heard recently that a lot of RV manufacturers and/or retailers are seeing some softening. But, that’s not what we’re seeing. I think the industry is still on this pretty significant upswing.” The new Des Moines location, which is modeled after the flagship store in Albany, is 30,000 square feet with 16 bays on 14 acres of land fronting Interstate 80 and next door to a large Bass Pro Shop. The previous location offered a 7,000-square-foot building on four acres in town.
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