Beaudry RV Files For Bankruptcy - Pedata RV Standing Strong
Beaudry RV Center filing for bankruptcy has left a void within the RV market. How does this affect the local area as a whole? How does this affect the RVing industry? Who is inline to fill that vacuum that has been produced? The face of RVing has changed and will never return.
Tucson, Arizona (PRWEB) November 25, 2008 -- Many have felt the sting of the international banking crisis both personally and professionally, but the Tucson area's Beaudry RV Company's declaration of Chapter 11 bankruptcy on Tuesday, November 18, 2008 brings home to area residents that the international state of the banking industry is definitely a part of their local economy. Beaudry RV Company has been one of Tucson's strongest retailers for years as well as being the undeniably dominant RV dealer in the surrounding area.
Beaudry's reorganization filing in 2006 to restructure financing on the company's real estate debt (at the time totaling $42 million) reduced the remaining debt to $13.3 million. Since the restructuring Beaudry has had a perfect payment history with their lenders. But the current state of the banking industry made it necessary for Beaudry to file for Chapter 11 bankruptcy protection in order to stay in business.
Tucson Area RV Industry:
Clint Ethington, of http://www.PedataRVCenter.com Pedata RV Sales suggests, "The change Beaudry's Chapter 11 declaration will make on Tucson will be noticed. They've been a large part of the area's RV industry for years. The company employs over 250 Tucson residents so that alone could leave the area adjusting to major change depending upon the conclusion of the Chapter 11 proceedings."
Industry experts continue to discuss the impact Beaudry's Chapter 11 filing will have on Tucson; especially considering Beaudry's acknowledged status as the dominating dealer for countless years. The removal of Beaudry dealerships or an extreme cut-back of operations would leave the area without access to a major RV dealer in the area.
The void left by this and other similarly drastic changes in today's RV industry is often being filled by those willing to cater to consumers across a wider geographic range through a strong, dependable online presence. Pedata RV suggests another strong advantage in this type of operation setup is the low overhead and focus on personable service that has so far seen them through the crisis affecting not just the RV industry, but industries across the board.
The Company: Beaudry RV
Beaudry RV is a Tucson-based RV dealer and has enjoyed their status as the acknowledged leading RV dealer in the area for many years. Beaudry RV has been in operations since the 1940's. The company supplies RVs from a wide variety of manufacturers including: Country Coach, Four Winds, Monaco, Gulf Stream, Thor, Prevost, NuWa and more.
The Company: Pedata RV Center
Pedata RV Center is one of the largest RV wholesalers in the country. They've been selling RVs to dealers throughout the US and Canada for over 10 years. Several years into the project, they began selling RVs direct to the public taking advantage of their low overhead and eliminating the middleman (and the typical middleman's markup).
For More Information:
For more information on Pedata RV Center, the recent Beaudry RV Co. Chapter 11 bankruptcy, or current trends in the RV industry contact Clint Ethington, General Manager, at clint@pedatarvcenter.com or by phone at: 1-888-545-8314 or 520-807-0900 or visit http://www.PedataRVCenter.com
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