Something BIG is happening here at PaintNite.com. For the first time ever, we’re opening shares in the company on Republic, a leading private investment platform. That means you can become a shareholder in the original Paint Nite® and grow your money while enjoying your favorite night out.
We want you to share in our success!
Global in-person event attendance increased by 96% in 2022. PaintNite.com’s growth is even more impressive. Since August 2022, our in-person event revenue has tripled!
Plus, if we look at the US's paint and sip industry...
- It grew 6.9% annually between 2017 and 2022—8.9% in 2022.
- The market size increased faster than the economy in the past five years.
- The industry is now worth more than $115 million.
So if you’re wondering where to invest in 2023, you’re looking at it, and you can join our awesome community for as little as $100.
New here and wondering what a Paint Nite is?
First of all, hello, hi and welcome! Our paint parties and creative events allow friends, family and team members to connect over something fun and new with a drink in hand (traditionally wine). You may have heard them being referred to as paint and sip parties.
The difference with PaintNite.com’s events is that they happen in local restaurants and bars—not competing venues.
Community is at the heart of all we do, from bringing these events to new areas and working with local businesses to creating a supportive atmosphere among our hosts.
Why are we raising money?
Like much of the events industry, we took quite a hit during the pandemic. But we survived, added new revenue streams and now in-person events are back!
With a little extra funding, we can take advantage of the upward trend in in-person events and push forward on our goal of returning to our pre-pandemic success.
Why Invest In Us?
Experiential Entertainment Is a Growing Trend
People are increasingly seeking experiences over material goods, and PaintNite.com provides an accessible way to tap into this trend.
Guests come to us for birthday parties, bachelorette parties, date nights, as gifts or simply when they want to get out of the house and have a great time!
Innovative Business Model
PaintNite.com has a highly scalable and cash-efficient model. We’re not a franchise but have a revenue share model instead.
Artists get 70% of all their ticket sales.
They handle all the local marketing, event supplies and logistics.
PaintNite.com makes 30% of revenue + a 10% service fee at check out.
We provide the technology, payment processing, a robust library of projects, and access to wholesale supply pricing. Plus, we offer a vast support network of other hosts.
Additional sales channels.
PaintNite.com also sells gift passes/discounted vouchers with as high as 25% breakage.
Added new revenue streams during the pandemic.
When the pandemic hit, we thought on our feet and had virtual events running within days of the world going into lockdown. Virtual events made over $12m in revenue during the pandemic alone.
Following their success, we launched on-demand events, where guests can pause and rewind pre-recorded videos across a seven-day rental period.
Event Revenue Is Up 300% Since August 2022
As we mentioned, our in-person event revenue has skyrocketed. With the experiential entertainment trend estimated to keep growing, it looks like the only way is up! So investing in the company now could lead to significant returns in the future.
There’s Value In Investing In Something You Believe In
Investing in something you believe in just makes sense. So let us share some of the things we’re passionate about, so you can see if they resonate with you.
Community & bringing people together.
It’s said that we’re going through a friendship recession. Fewer group activities, technology, social media and COVID-19 all have a role to play.
Our social painting events create a fun space for people to get out of the house, come together and get creative. All are incredibly beneficial for mental health!
Supporting local artists & small businesses.
When you become a Paint Nite shareholder, you invest in local businesses and artists. Local venues and artists are at the heart of all we do. We don’t charge franchise fees and work with existing venues to up their business.
Diversify Your Investment Portfolio
PaintNite.com's unique business model could help investors diversify their portfolios. Additionally, our ability to adapt and pivot during challenging times, such as the COVID-19 pandemic, is a testament to our resiliency.
Be Among Huge Investors
We're thrilled to have institutional investors like 1-800-Flowers.com on board as shareholders. We've also had great success raising funds through private equity. So if you decide to invest in PaintNite.com, you'll be in excellent company.
Conclusion
With our scalable business model and diversified revenue streams—not to mention the growing experiential entertainment trend—investing in PaintNite.com is a smart move. Plus, you can invest in something you believe in, like supporting local artists and small businesses and bringing people together.
We hope you'll be a part of our post-pandemic success story and help us share the magic of PaintNite.com with more communities!
