Originally Posted by SloPoke
There is a HUGE difference with the CW lot appearance, disheveled, equipment laying around.
The General RV down the street is not looking anything like the CW... they have about 80% of the lot filled with Inventory and have the showcase spots up front filled with equipment for sale that is visible from the street.
CW has nothing in the showcase spots along the street (with lights on them at night) and there are only 5-10 units next to the sales office doors - that used to have 40-50 units on display. All of the remaining inventory is a 200-yard walk away from the sales office.
I was thinking more about that... and what the shut-downs did to inventory... I would think that Marcus Lemonis would have some pull and leverage with the manufacturers, and would be one of the first dealers to get new inventory, due to CW's size.... maybe not...
But, maybe there is a problem with leverage.... maybe CW is over leveraged and behind on payments to the manufacturers, so they can't get product? Did the shutdown kill their cash flow?
Remember, Lemonis and CWH was involved in a BIG lawsuit a year or so ago, which cost them multi-millions this year.... and CWH had a net loss of -66 million at the end of 2019...