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From the new owners of Gander Mountain: Another Camping World store for MN

Many Gander Mountains are probably going to close, but hey, here's another Camping World location.

The new owners of Gander Mountain say they're opening a second Camping World location in Minnesota – just a day after announcing many Gander Mountain stores will probably close.

Monticello will be home to the second Camping World store in the state, Camping World Holdings announced in an email news release Tuesday morning. Called Camping World of Minneapolis, it'll have RV sales, parts and accessories, and Good Sam services.

It's about 15 miles from the only other location in Minnesota right now, which is in Rogers. That's billed as an "accessory store" that has RV camping products and supplies.

Camping World has more than 125 U.S. locations and is owned by CNBC reality show star Marcus Lemonis. He's made a TV career out of turning around struggling businesses for CNBC’s The Profit.

On Monday, Camping World announced it won an auction to buy St. Paul-based Gander Mountain and its Overton’s boating business for a combined $37.8 million.

Lemonis said the structure of the deal allows his company to “select only those stores which are profitable or we believe have a clear path to profitability," and tolds the Wall Street Journal at least half of the 160 Gander Mountains probably won’t survive.

For the new Monticello location, Camping World will be holding a grand opening celebration starting May 8 and lasting through that Saturday, with a ribbon cutting ceremony on May 11.

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