Granite City Food & Brewery Ltd. announced Wednesday that it has closed its Cadillac Ranch bar and restaurant in downtown Indianapolis.
Minneapolis-based Granite City’s decision to shut the doors of the country-and-western-themed venue in historic Union Station rested with its financial performance, according to a written statement.
Bartini's, an adjoining lounge operated by Granite City at the same address, also closed.
Along with the Cadillac Ranch, owner Granite City also closed three Granite City restaurants: two in Wichita, Kansas, and another in Madison Wisconsin.
“Given the lease structure of each location along with their individual business performance, we weighed numerous options for keeping these locations operational before arriving at this decision,” Granite City CEO Dick Lynch said in the statement.
Cadillac Ranch boasted downtown’s only mechanical bull and opened in 2009. Bartini's opened in 2010.
Granite City in 2012 bought the Indianapolis Cadillac Ranch, along with four others, from Restaurant Entertainment Group LLC for $1.5 million.
Granite City operates 32 Granite City restaurants in 12 states, including one at Circle Centre mall and another on West 96th Street near North Meridian Street. It also owns four Cadillac Ranch restaurants in four states.