
Luxury picnics have become a lot more in vogue in recent years, particularly since the pandemic with this pop up picnic trend taking it one step further by adding fun design elements and decor to your breezy, laid-back lounging.
If you’re looking to understand everything about starting a luxury picnic business and industry, you’ll find all you to know below.
Summary
Thanks to social distancing measures, the idea of a luxury picnic has surged in popularity and with it luxury picnic businesses have been sprouting up due to this market demand and high returns.
What is a luxury picnic business?
A luxury picnic is when you and your friends or work colleagues congregate to enjoy some of the finest food and cocktails that money can buy in a relaxed, casual picnic space of your choosing.
The possibilities are endless and you can hire a team to set up a luxury picnic for your wedding proposal, bridal shower, bachelorette or rehearsal dinner. It could be as simple as a movie night in your backyard or even your micro wedding reception.
Some will start a business as a side hustle and others take a more professional approach and partner with vendors to provide the food and beverages.
Many luxury picnic companies offer packages from bubbly and snacks to full-scale spreads with some businesses offering cheese boards specifically or other items including caviar, Iberian ham, wagyu beef, truffle delicacies and more, washed down with a glass of Champagne, Aperol Spritz or your drink of choice.
In return for this lavish display of the finest nosh and drinks, the client will pay the luxury picnic business owner anything from $250 -$10,000, depending on your preferred style, taste and the number of people you are planning for.
This niche is quite profitable too with medium-priced luxury picnics earning between $12,000 to $15,000 per month whilst smaller startup owners offering more basic packages can earn between $5,000 to $6,000 a month.
Who can start a luxury picnic business?
Anyone can start a luxury picnic business. The key requirements include event planning skills and an understanding of luxury audiences and their particular needs, tastes and expectations.
Being able to plan and think ahead are valuable qualities and it’s always worth checking the dietary requirements of each of the attendees so you can plan accordingly. Luxury picnic businesses don’t even need to be able to cook or cocktail, this can all be outsourced.
If you have the skills to combine all of these elements from providing superior food dishes and cocktails in a casual and classy setting whilst delighting your customers’ high expectations, this could be for you.
Where are luxury picnics held?
Luxury picnics are typically held in a location where your client and audience will enjoy gathering in. This can be in their own backyard, at their favorite park or on top of a scenic mountain.
Guests could also go to a winery, a botanical garden, or on the grounds of historic buildings. If you’re planning to host a picnic on a beach, firstly check if there are any restrictions as some beaches do not permit picnics or will require a permit.
Permit regulations can differ according to the region you are in, as well as the location of your picnic. Each picnic location including parks and campsites have their own rules and regulations regarding private picnics.
In some areas, you’ll have to submit a “Certificate of Liability Insurance” for a set cost. It’s an essential expenditure, but also an investment that will help things smooth sail in all your future picnic projects.
9 tips for opening an luxury picnic business
1). Create your business
During your business creation process, you will have to choose a business type that works for you (LLC or Sole Proprietor or similar).
An LLC will ensure your personal assets are protected from any business liabilities. For further information on this, check out our comparison of different company formation firms.
When choosing your company’s legal structure you will have to take into account all the parameters, requirements and needs of your business.
Legal platforms such as Northwest Registered Agent or ZenBusiness have been specially designed for professionals who wish to carry out their company creation process online. You can also choose to set up your business on your own.
Get insured
As noted above, you will have to submit a “Certificate of Liability Insurance” to some picnic host locations to be allowed to host a picnic in their vicinity. In general, liability and similar insurance products are a good idea in the unfortunate event of a client or guest getting food poisoned or injured on the premises.
2). Get financing
Unless you have your own personal funds to invest, you’ll need a small business loan. Starting up a luxury picnic business will have certain expenses including crockery, tables, luxury dining sets, food, champagne and more, depending on the type of picnic venture you’re looking to launch.
You may need a business starter loan from your local bank, Credit Union or avail or start your business with loans guaranteed by the Small Business Administration. Any lender will want to see a detailed business plan for how and when they can expect to receive a return on their investment.
3). Write your luxury picnic business plan
There are 4 key elements to include in any luxury picnic business plan:
Customer analysis
Determine the level of interest and demand for luxury picnics in your area and/or target locations. This gives insight into how many potential luxury picnic customers you can attract.
Competitor analysis
Identify the current rates for luxury picnic classes to determine how much you will charge. Luxury picnic fees vary based on the area of operation and the level of quality and quantity your client expects.
Marketing plan
This deals with the advertising aspect of your online business. This may range from word-of-mouth marketing to online ads based on behavioral targeting, to attract prospective clients to sign up to your luxury picnics.
Financial plan and projections
Calculate how much capital you will need to run the luxury picnic business for the first 6 months of its inception, bearing in mind that investment into plates, crockery and equipment can be expensive.
Ideally, your luxury picnic business plan covers the first three to five years of your business, giving you something to work toward.
4). Define your target market
Do your research and find out all you can about typical luxury picnic customers. Who are they? Where do they hang out? What do they like? What food and drinks do they eat? What music do they listen to?
The answers might be very different depending on the different types of customers but you’ll get a clearer picture of who you’re going after and how you can cater to them.
When you’re establishing a luxury picnic business, you need to establish a clear niche for your business – or, an area of expertise that will differentiate you from your competitors.
So what is it that makes your luxury picnic practice different?
- Do you have a unique approach to where you source your food and drinks?
- Do you focus on pre or post meal entertainment?
- Do you cater to business people?
- Do you target particular groups of people, like working moms or expats interested in Italian food
Take some time to reflect on this and what works best for you and your clients. Think about who your audience are and how you can best serve them.
Once you’ve found your target audience, run your ideas by some friends and family. What would they think if they were a business person with high expectations being served a prosecco mimosa?
5). Purchase your luxury picnic essentials
You’ll need to go out and buy the necessary furniture, equipment and crockery you and your clients will need to ensure their high expectations. If you’re looking to have a perfectly prepared picnic without any disasters like soggy food and spoiled potato salad, a little preparation won’t hurt.
Items you’ll need to purchase include:
- Equipment: Picnic blankets & cushions, picnic hamper, china crockery, table cloth, napkins, cutlery, champagne cooler, glasses, bottle openers, cheese boards and silver cheese knife, cooler box, backpacks, picnic blankets, chopping knives, plates
- Other: Napkins, candles, paper towels, wet wipes, ice packs or thermos, sun cream, insect repellent, water, trash bags
- Audio/lighting: Outdoor lighting and sound system
If you’re organized and have a checklist, your picnic will go like clockwork and your guests will be delighted.
6). Create a website and leverage social media
When starting your luxury picnic business, the goal of the website is simple:
- Let prospective luxury picnic clients know your business exists
- Allow clients to see your weekly luxury picnic schedule and book/pay online
- Showcase your luxury picnic expertise
Your luxury picnic website is essentially your shop’s