Graze & Gaze - Luxury Picnic Experiences & Products
Graze & Gaze - Luxury Picnic Experiences & Products
Industry :
Food/HospitalitySub Industry :
CateringGraze & Gaze is the largest Luxury Picnic Experience business in Sydney, NSW. The business was established in October 2019 and business growth since inception has been explosive. Their experiences are popular for birthdays, anniversaries, corporate events, proposals/engagements, family gatherings, hens and baby showers.
Graze & Gaze has worked with some of the largest corporate clients in Sydney, including Google, Transport NSW, Westpac, Deloitte, KPMH, SalesForce, Flight Centre, LVMH, Dior, BridgeClimb, UNSW and more.
- Highly autonomous business – little administration required
- Picnics on demand with no organisational fuss – customers just arrive and enjoy
- Luxury Picnics are provided at a range of hand-picked prestigious locations in Sydney
- HUGE growth within the past 12-months as is shown in the figures
- Enormous potential to continue growth with continued social marketing
- Great cashflow - all bookings are paid in full before the event takes place
A new owner will inherit around 70 confirmed future bookings, with a gross booking value of approx. $50,000. The business has multiple revenue streams including direct bookings through their website - www.grazeandgaze.com.au, experience bookings through trusted third party partnerships such as Red Balloon, online merchandise store and local markets.
Graze & Gaze currently prides itself on various exclusive partnerships that exist, including formal contracts with the likes of Royal Botanic Gardens Sydney, BridgeClimb, Luxury Cruise Company and more.
Some available offerings of Graze & Gaze are Luxury Picnic Experiences, Cocktail Making Experience, Bridge Climb Graze & Gaze, Cruise Graze & Gaze and Gift Cards.
The owner / director currently only works around 15 hours P/W at present, and is surrounded by an extremely capable team that keeps the business operating efficiently.
Growth has been exceptional! Strong Social Media marketing which can easily be turned up to produce greater results.
YouTube Link for examples: https://www.youtube.com/watch?v=RV87HBQlYis
Google: https://goo.gl/maps/sRz1MxMkQ2aLW4Un7
Instagram: https://www.instagram.com/grazeandgazesydney/
Facebook: https://www.facebook.com/grazeandgazesydney
In FY '22, the business turned over $258,285 ex GST with an adjusted net profit to owner of $104,435. This current FY is only 9-months in, and figures are as follows (Please note we have added a very conservative projection for balance of FY23.
Gross sales: (Incl conservative forecast (April / May / June) @ $35,000 P/M:
= $482,734 ex GST
Adjusted Net Profit to owner: (Incl conservative forecast (April / May / June)
= $200,000 P/A
PRICE: $250,000 + SAV
A real great business… please feel free to enquire to receive further information in a detailed IM.
Contact: Warren Levy – 0414 474 777 / warren@corebb.com.au
- To negotiate the best possible result in every transaction for every client.
- To market every business listed with us with optimum efficiency and speed.
- To project every client's business and name professionally and with appropriate confidentiality in the market place, and
- To maintain effective communication with every client throughout the marketing period.
- To make the name of CORE BUSINESS BROKERS synonymous with integrity and fair dealing.
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$250,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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