World-renowned bicycle and multisport retailer, Nytro Multisport is now for sale.
Founded in 1992 in San Diego, California, Nytro was one of the first triathlon and bicycle retailers to offer products and services both online and through a destination brick and mortar shop to triathletes and cyclists worldwide.
Nytro was sold to Skip McDowell in 2007 who together with his wife, Kristie, took on the business to fulfil a dream of owning an active sports business. Nytro is positioned as a one-stop shop for the world’s best bicycles and multisport products, professional bike fitting and expert advice with a low price guarantee.
Under McDowell’s 11+ year tenure in running the business, Nytro pioneered and expanded several programs that have been seen as industry standards. These include: Fly’N’Ride, Free Fit for Life, Price Match Guarantee and Free Shipping. Known as a people-focused retailer that heavily supports the community, Nytro sponsors several local cycling & triathlon teams, leading professional and amateur triathletes, and is ‘proud to support the Challenged Athletes Foundation and Team Semper Fi’.
“Over the years we have been blessed in supporting our beloved customers, developing relationships with the world’s top suppliers, and working alongside a very talented crew,” said McDowell. “I’ve felt so lucky to have a brick and mortar store on the famous Coast Highway 101 with safe bike lanes that overlook the sunny Pacific Ocean – a view that never gets old.
“Our website at www.nytro.com has provided a curated product selection to over 40,000 global customers, and I’ve enjoyed the opportunity to offer the best in cycling and triathlon to a community that my wife and I will cherish for life.”
Named one of America’s Best Bike Shops for seven consecutive years by National Bicycle Dealer’s Association and Bicycle Retailer, Nytro has received a number of 5 star reviews from customers and industry partners. Nytro was also ranked as a leading Triathlon Retailer in the US by Triathlon Business International, was recognized by Competitor Magazine as the Best Triathlon Shop in San Diego (2008-2016) and has been touted ‘the Mecca of Triathlon Gear’ by Triathlete Magazine.
“Having recently turned 72, I feel it’s time to pass the torch to the next leader who will bring creative ideas, fresh energy, and new business strategies to the company,” added McDowell. “Nytro’s foundation for continued success is in place… respected global brand, mature operating systems, enthusiastic customer base, and a loyal staff.
“A new company vision can generate opportunities in new markets, new channels, new products, and new services.”
For inquiries on acquiring Nytro, contact Nick Mercuro of Pacific Business Advisors at +1-310-878-7252 or via nick[at]pacificbusinessadvisors.com.