Scott Wise, who founded the once-flourishing Scotty’s Brewhouse restaurant chain, starts Tuesday at CBRE’s Indianapolis office, joining a team of 12 brokers in the office’s retail division.
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It will be a third location for Chatham Tap, which opened its first site in 2007 at 719 Massachusetts Ave. in Indianapolis. A second location opened in 2010, at 8211 E. 116th St. in Fishers.
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The ownership group, headed by former Scotty’s Brewhouse owner Scott Wise, has agreed to lease a 2,500-square-foot space in a retail center that recently underwent a transformation.
Indianapolis-based Sun King acquired the business assets of the former Thr3e Wise Men location on Broad Ripple Avenue in an auction Thursday.
The corporate owner of many of the remaining Scotty’s Brewhouse restaurants said it had closed all of its operations. The decision leaves less than a handful of independently owned Scotty’s locations.
Wise tells IBJ Podcast host Mason King that he’s both emotional and excited about his new start, which he says has been like hitting control-alt-delete on his career.
The Indianapolis-based restaurant and bar chain opened the microbrewery location more than eight years ago to supply the Scotty’s chain with its own brand of craft beer.
The chain's performance declined after founder Scott Wise sold it in December 2016, and in recent months it has closed four restaurants and announced plans to close a fifth.
The suit against Scott Wise alleges that two investors lost more than $1 million they had invested, due to Wise’s misleading statements and shares that were never properly registered. Wise said he didn’t mislead any investor in Scotty’s Brewhouse.
In the suit, a former business partner of Scott Wise says he was defrauded out of his $300,000 investment in the Scotty’s Brewhouse on Main Street.
A Scottsdale, Arizona-based company announced Friday that it has closed on its acquisition of Indianapolis-based restaurant chain Scotty’s Brewhouse. IBJ first reported the deal in October.
The deal with an Arizona-based private-equity firm could take the small Indianapolis-based chain to 200 restaurants within the next four years, including locations in Japan.
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.
Owner Scott Wise said he’s ordered additional sexual harassment training companywide—beyond the training managers already undergo.
The concept from local restaurateur Scott Wise will occupy 6,400 square feet of space on the ground level of the parking garage under construction next to Clowes Hall.
Local restaurateur Scott Wise hasn’t given up on Hamilton County. The Scotty’s Brewhouse founder said this week he has been evaluating potential sites for his growing family of restaurants—including a couple of options in Fishers.
The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.
The owner of the restaurants, Fishers-based MSCB, switched to the new formats after terminating its contracts with the current operator, Indianapolis-based A Pots & Pans Production.
Scott Wise, who operates nine restaurants in Indiana, plans to open two more Scotty’s Brewhouses in Indiana next year. However, his company also is losing the management contracts on two restaurants that carry the Scotty’s name.
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Indianapolis restaurateur Scott Wise is moving forward with plans to launch Scotty’s Thr3e Wise Men Brewing Co., a microbrewery
that will produce craft beer for his eateries and the public. It will share space with another startup craft brewer.
Scott Wise has five Scotty's Brewhouse locations and
is set to debut the Scotty's Lakehouse concept Monday. Within 10 years, he'd like to have
restaurants in the Southeast and on the West Coast.
