Innovative Bicycle accessories

Project description

A bicycle has always been the most popular means of transportation, and in recent years its popularity is growing as fast as possible. Around 1.5 billion bicycles are used worldwide.

A large number of users’ experience have a discomfort during and after Cycling. The main reason for this is the low-quality shock absorption of the rear wheel. All this affects the health of people, their mood.

We have developed innovative accessories. Our advantages are low price, high functionality and reliability. Our developments have no analogues, our production is patented in such countries as China, Australia and the EU countries, the USA.

The market volume of approximately 250 million. people. The cost of $ 35 for retail and $20 for wholesale buyers. Prices from competitors start from $ 150. Taking into account the growth of the Bicycle market by 2-3% annually, we plan to sell about 50mn in the next 5 years. our goods. Also, we do not stand still and develop new products.

We offer the investor a 20% stake in the company, while the volume of investment will be 120 thousand. $.

Project detailed information is available to investors after authorization.

Project detailed information is available to investors after authorization.

Project No. 44356
Created on: 06.12.2018

Germany


Project price: 2 000 000

Investments volume: 120 000


Stage: Project is at development stage


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Contact details of entrepreneur

Lenven Daniel

Germany
Cars, Informational technologies, Carriage / transport / logistics, Designing, Industry, Consumer goods industry, Trade, Power industry