IBJNews

Hendricks County 'hotspot' for package-liquor permits

Back to TopCommentsE-mailPrintBookmark and Share

Hendricks County must be an underserved market for carryout alcohol sales, judging from the nearly $1 million shelled out by a few retailers to snag a handful of package liquor permits that just became available in the growing county.

An auction conducted Friday by the Indiana Alcohol and Tobacco Commission brought in a total of $3.8 million for 279 beer, wine and liquor permits that sold throughout the state.

Of those, four package-liquor permits in Hendricks County netted $995,000—about a quarter of the total amount brought in by the auction.

“That just seemed to be the hotspot of this year’s auction,” said Brad Rider, vice president of Indianapolis-based United Package Liquors, which paid a record $450,000 for a package-liquor permit in Brownsburg.

It also paid $220,000 for a similar permit in Plainfield, while Indianapolis-based Crown Liquors forked over $230,000 for one in Avon. Another company, listed as Jo-Fran Inc. in the auction results, paid $95,000 for a package liquor permit in Danville.

Additional permits became available in growing Indiana counties based on fresh 2010 U.S. Census figures.

In Marion County, restaurant proprietors bid on up to 101 new three-way permits to sell beer, wine and liquor.

The so-called three-way permits were scarce in certain parts of the city, and had to be purchased on the open market from existing operators, because of a state quota system that never recognized Unigov.

Indianapolis isn’t necessarily growing by leaps and bounds. But using census figures, the commission decided to recognize the boundaries of the city of Indianapolis as those areas serviced by the newly consolidated Indianapolis Fire Department.

The new permit calculation for Indianapolis takes into account more than two-thirds of the geographic area of Marion County, excluding only the towns of Beech Grove, Lawrence, Southport and Speedway. The result: 94 new three-way permits available for Indianapolis, five more for Lawrence, and one more each for Beech Grove and Speedway.

The glut of three-way restaurant licenses in Marion County enabled owners to purchase all 94 for just the minimum bid price of $1,000 each.

No package-liquor licenses were available in Marion County. The number of those permits—152—exceeds the new quota of 78. The state won’t revoke existing permits, which still can be bought and sold among retailers.

In Brownsburg, United Package Liquors already owned the only other two liquor stores in the suburb west of Indianapolis and will be searching for property to open its third.

In Plainfield, United Package plans to open a store in a 27,000-square-foot retail center it owns at Stafford Crossing and State Road 267.

The state will use proceeds from the auction to fund the Alcohol and Tobacco Commission and for alcohol enforcement efforts.


 

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

ADVERTISEMENT