Business For Sale
Čezeta has a history dating back to 1957 and is a well-known scooter brand throughout the world. It manufactured the Type 506 electric scooter in the Czech Republic between 2018-2019 and is currently available for sale to a new business partner to continue its development.
WHAT ČEZETA OFFERS
🔥 Waiting list potentially worth over 1 million euro.
Over 40m CZK invested to develop electric scooter Type 506 (with EU homologation) and manufacture a first-series of 60 scooters.
Network of local suppliers in Europe's automotive heartland.
Sells throughout EU and UK markets, which are growing rapidly.
Iconic design is protected by a 3d EU trademark.
Company is in insolvency (see register) with possibility for buyer to get 100% full control of assets.
REASONS ČEZETA IS FOR SALE
Why we failed the first time?
Too early to the market in 2018-19 when demand was low. The EU e-scooter market is now 400% bigger is 2022.
Original business plan was naive with regard to the significant challenges of building an EV manufacturing business.
Unforeseen 'learning on the job' problems due to lack of qualified people in CZ.
Insufficient capital to sustain operation through COVID closures.
Minority owners voted against all Founder's continuation proposals.
Behaviour of investors' representatives forced Founder to terminate business relationship.
A GREAT OPPORTUNITY
Now is a great time to use Cezeta to quickly enter the booming electric scooter market. If you are a manufacturing business based in the Czech Republic, then this could be a great opportunity for you.
Read more in teaser about Čezeta's business