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Wow! Can only hope for the best for Gray’s, and hopefully the new one is close enough to me. Ha! That place was a landmark destination for my 70+ years. Good luck to them!
Move closer to Indy or closer to Bloomington. Typically, I would say go north to Hamilton County but with the opening of I-69 completely, the south side is going to see tremendous growth in the near future.
They could simply move about 7 miles east toward U.S. 37/I-69 intersection where St. Road 44 intersects U.S. 37/ I-69.
Neil D.
That would be a GREAT LOCATION! Close to Center Grove and Greenwood and Bargersville too.
SR44+I69 is in Martinsville, 16 miles south of the current location.
I think you might have meant SR144+I69, which is in Waverly on the Johnson/Morgan County line and the next exit south of Smith Valley Rd. on the interstate. That intersection is about 8 miles east-southeast of their current location, and it is in the fast growing Center Grove/Bargersville area.
Uh-oh…This doesn’t sound good..I love Gray’s! I hope they will continue!
Never been. Need to get there before they close.
It is average grandma and grandpa food. Nothing too crazy. Standard midwestern funeral home vibes
What realtor convinced them a 2-4mm building and lot is worth 10mm 😂
+1
I too have a 46-year old building in Moorseville that I would like to sell for $10M. It is adjacent to fantasyland.
10 what now?
Best of luck to Gray Bros future endeavors
It depends on what undeveloped commercial land is going for in the area on whether or not they can get $10 million. If the cafeteria were demolished there would be quite a bit of space for development. But if they aren’t making money at what I would guess is a long paid for location with the lines they often have out the door, how will they do better in a taking on a mortgage at a location nearer Indy or Bloomington? I’m guessing they’ll eventually become a catering company like Jonathan Byrd did after closing its cafeteria, along with more of the carry out locations like the one in Avon.
I don’t think they exist in 2 years and/or the brand is owned by MCL.
Laughner family was ahead of the game getting out of the cafeteria business in 2002. Byrd’s got out around 2014 and still have the catering business and an event center in Carmel. Gary’s probably held on too long and are going to leave nothing but memories.
https://graybroscafeteria.com/news/a-new-chapter
$10 million? I have some prime oceanfront property in downtown Phoenix for sale!