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Profitable Picnic Events And Catering Business In London For Sale

London, UK
Asking Price:
On request
Turnover:
£400,000
Net Profit:
£75,000

Commercial Road is pleased to bring to market a highly successful events and catering business in London. The Luxury Picnic Company launched in 2020 during the height of lockdown and since its inception the business has experienced significant growth and has achieved strong profits year on year. With luxury picnics growing in popularity, The Luxury Picnic Company enjoys majority market share of this space and is ranked first on Google for many of the most searched terms relating to picnics. As such 90% of the business leads are generated via the website and the other 10% comes via Instagram.

The Luxury Picnic Company has seen YOY growth (50%) in 2022 and (21%) in 2023 and has a current turnover of just under £400K for 2023 and an average Net Profit of £75K.

In 2023 the business enjoyed over 1000 event enquiries via the website and Instagram, of which 23% converted. The Luxury Picnic Company also have many repeat customers including Google, Youtube, Universal Music, Canva, The FA and many more.

This is an incredible business to buy and operate either on its own or as part of a bigger portfolio of events and catering businesses. The business has no liabilities and operates on a low cost base. The current owners are also open to offering a handover period and training if required.

The business sale includes:

• Event Equipment
• Customer Data Base
• Website with online enquiry form and online sales platform
• Instagram with 10K+ followers
• Bank of imagery and video content
• Recipes for all menus
• Marketing material

As well as picnic events, the company also specialise in:

• Indoor events & catering
• Grazing tables
• Picnic hamper production for large scale events
• Online sales via their established website of picnic hampers for smaller events
• Corporate gifting & brand projects

The owners now seek new beginnings and therefore this little gem is up for grabs. For more information about the business and its operations please reach out to Peter at Commercial Road.