Price: $749,999
Location: Encinitas, CA
Nytro Multisport
Industry: Fitness & Recreation
World-renowned bicycle and multisport retailer, Nytro Multisport is 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 fulfill a dream of owning an active sports business. Nytro is a one-stop shop for the world’s best bicycles and multisport products, professional bike fitting, expert advice and low price guarantee.
Total Sales: $1,250,000
FFE Included: Yes
FFE: $50,000
Reaseon For Sale:
Retirement
Year Established: 1992
Employees: 9
Monthly Rent: $10,150
Square Footage: 3,650
Facilities Information:
3600+ Square Foot Retail Storefront in with Highway 101 Frontage + State of the Art E-Commerce Platform
Competition:
- Focused Product Selection – offering state-of-the-art quality gear from industry leading brands - Tenured and Loyal Staff – Sales (3), Service (2), internet (1), buyer/HR (1), manager (1) - Mature Operating Systems, Processes, and Procedures - Lightspeed point-of-sale and ecommerce platform – prepaid through 3/31/21 - Deep relationships with leading global brands and affiliations - Enthusiastic Customer Base – consistently attracting new and returning customers - Expert Customer Service – knowledgeable professionals providing expertise and advice - Active Community Involvement – charities, teams, clubs, athletes - Founding Member and Equity Investor in Triathlon Business International - America’s Best Bike Shops recognition by National Bike Dealers Association – 6 years in a row
Potential Growth:
New Markets – additional stores, International expansion - New Channels – franchise opportunities, affiliate partners, Amazon, eBay - New Products – expand road & tri bike offering to mountain, urban, and eBikes; Nytro branded gear - New Services – mobile bike/concierge service, eBike rentals, Nytro National Team/Club, athletic training, local cycling tours, coaching and personal training
For more information on this listing, please complete our Non-Disclosure Agreement
Pacific Business Advisors
Office: (818) 991-5200
Email: Info@PacificBusinessAdvisors.com
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