Czech motorcycle legend CEZETA motors is for sale

Published: 19.10.2020 Related countries:  Indonesia Indonesia

Čezeta is looking for partners to help expand production in electric scooter business

The electric-motorcycle manufacturer Čezeta Motors is for sale. Current CEO Neil Eamonn Smith said that he was looking for financial and strategic partners to support a second production series whose goal was to produce machines at prices starting from EUR 6,000. The firm plans to sell 1,000 scooters by 2023. In 2024, it wants to have revenue of EUR 10m. Investments since the first production series have totaled EUR 2m.

CEZETA Motors in brief

  • Manufacturer of one of the world’s best electric scooters, homologated for use in the EU
  • Unique iconic design, protected by EU trademark
  • Network of high-quality suppliers in the centre of Europe’s motor industry
  • Plan to realisitically reduce costs by -40%
  • Over 2.5m CZK in pre-orders for the second-series of the 506 model
  • No external debts, no bank loans, no overdraft 2m CZK in working capital, including a parts inventory and demonstrator bikes
  • Steady source of income from repairs and maintenance work
  • Sales partners throughout Europe
  • Potential for world-wide sales, especially in the USA

Source:, Cezeta website

Provided by the team of CzechTrade Jakarta