Newly Established Bicycle Shop Investment Opportunity in Lausanne, Switzerland
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Bicycle Shops |
Locations | Lausanne |
Local Time | 6:36 PM Europe / Zurich |
Listed By | Business Owner / Director |
Status | Active |
- Business offering next-generation automatic gear system for high-quality commuter eBikes, in its pre-revenue stage.
- Business is B2B, with the automatic bicycle gear system sold to bicycle companies and assemblers across Western Europe.
- End users are both commuter cyclists and professional (delivery) cyclists.
- The company is currently integrating the system into 3 customer models and plans to conduct market trials in Q4 of this year, with small-scale production launch planned for next year.
- Initially, sales and after-sales will be made directly by the company.
- The business has key partnerships in place with European and East Asian suppliers for product sourcing, after which they handle the assembling process.
- Business is B2B, with the automatic bicycle gear system sold to bicycle companies and assemblers across Western Europe.
- End users are both commuter cyclists and professional (delivery) cyclists.
Physical assets include the products inventory, assembling equipment and finished products.
Intangible assets include:
Patent granted in several regions for bicycle CVT. Two further patents have been filed and are in the PCT review process.
Bicycle CVT product developed and proprietary software developed to enable product engineering.
Non-retail office and workshop of 120m2 shared space in Renens, Vaud, which is a rented facility.
Will need an additional dedicated space of 120m2 to support market trials.
Business is funded by several methods;
- Venture kick CHF 50k convertible loan.
- Equity from founder, family and friends.
- CHF210k grants from Canton de Vaud and InnoSuisse.
- Loan from business angels.
Overall, there are 6 shareholders in the business.
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1 week, 5 days agoCo-Founder, IT Services, Mergers And Acquisitions, Head Hunting, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysChief Technical Officer, London, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysManager, Automotive, Hanoi, Individual Investor / Buyer connected with the Business