Property Lines

Welcome to Property Lines, Indy's favorite source for neighborhood real estate news. Your host, IBJ real estate beat reporter Scott Olson, can be reached at solson@ibj.com.
Real Estate & Retail

BARcelona could close

December 28, 2007
BARcelona TapasA manager at the downtown tapas restaurant tells Property Lines the operation is in trouble and could soon close. Owner Frank Schmitz, of St. Louis, recently bought out his partner in the restaurant and is having cash troubles. He's also looking for a new chef and general manager. The problem apparently isn't from a lack of interest, since the restaurant did more than $1 million in sales in about six months. But the restaurant has continued to keep its large staff on hand even as winter sales have slowed without outdoor dining. Hat tip to Feed Me/Drink Me.
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