-
Funded
-
It all started with a broken-down building on the corner of Martin and University in the Ball State University Village. It was there, Scott Wise, Owner and CEO of Scotty's Brewhouse, converted a well know Ball State University pub into an upscale bar and restaurant with a focus on creating a warm industrial atmosphere, delivering an exceptional customer experience and serving-world class American comfort food.
Scotty's Brewhouse soon expanded it's footprint into other central Indiana college towns, including Lafayette and Bloomington. The focus on high-quality food, craft beer and extraordinary service effectively bridged the gap between the quality expectations of alumni and exiting, sports-minded atmosphere that captured the attention of students. Many graduates of "Scotty's college cities" (Bloomington/IU, Muncie/BSU and West Lafayette/PU) move after college. Some go out West, some to Chicago, some down South; but, a large majority of graduating seniors head to Indianapolis. Well, so did Scotty!
In 2006, after a year of researching the perfect location, Scotty's Brewhouse open a location on 96th street in Indianapolis. Many Indianapolis residents were already familiar with the Brewhouse concept--parents of Indiana college students may have dined at a Brewhouse during a weekend visit while others just stopped by as they traveled to Lake Monroe or on their way up to Chicago.
Scotty's has great exposure on the corner of 96th and Delegate's Row, nestled in demographics that have made the restaurants a success in each college town: the younger, recently out-of-school that live on 82nd and in Broadripple and the married-with-kids clientele that live in Fishers, Noblesville and Carmel, just to the North of 96th.
Scotty's Indianapolis North remains true to the concept and humble beginnings; but, there are a few added twists. Scotty's Brewhouse Indianapolis North was the first restaurant in the regional Brewhouse chain to offer a full bar, including liquor. Scotty's Indianapolis North location was also the first Brewhouse offering accommodations for secluded private parties and events. A flat screen TV at EVERY booth and over 16 more plasma TVs hang throughout the restaurant so guests are sure to never miss a play.
Scotty calls this location, Fusion Atmosphere! This is the blending of two unlike items that actually work well together and complement each other. So, to try and describe this type of atmosphere becomes very difficult. A sports bar? Kind of. A trendy club? Kind of. A casual burger joint? Kind of. A place to kick back on the patio, have an ice cold beverage, eat a great meal and be taken care of by some of the best servers in the industry? Dead on.
Our niche in this restaurant segment is 2 fold: brand identity built over 19 years of being in business in college towns and major metropolitan cities in Indiana. This has created a loyal customer that begins as college age celebrations that leads towards memories of yesteryear when those college students visit again when they are now 30, married, with 2 kids living in Indianapolis. The 2nd niche we have exploited is selling our own beer we make at our brewery. This gives us the edge on pricing, quality of product, self-distribution, featuring as "weekly specials" and allowing us to sell carryout growlers of beer all over the state, due to our common ownership of the brewery and the restaurant. This is very unique and not done at any other restaurant in the state, without a brewery on property.
Local-sourcing of products, made-from-scratch daily sauces, fresh, unique, staying on trend, brand recognition, quality, great service, fun, friendly, lively and great for all demographics... this is why Scotty's Brewhouse has been successful for 19 years. Join us by investing today!
Financial Summary
Previous Fundraise Summary
| Security Type | Revenue Share | |
|---|---|---|
| Minimum Investment | $500 | |
| Equivalent Interest Rate (/yr) | 17.27% | |
| Payback Multiple | 1.5x | |
| Payment Frequency | Monthly | |
| Disbursement Late Fees | 5.00% | |
| Loan Collateral | Unsecured | |
| Seniority | Junior | |
| Maturity | May 31, 2022 | |
| Investor Eligibility | All Investors |
Offering Materials
Financials
The entrance to Scotty's on 96th Street. The awnings and signage will all be changed to match our Fort Wayne look. (see other picture here)
An inside view of the bar area at the Scotty's Brewhouse on 96th street in Indianapolis
An inside view of the bar area at Scotty's on 96th Street. This will be completely remodeled, the bar bulkhead removed, new bar built, new tables, new chairs, new booths and more TV's.
A look at a private dining area and all-ages section of Scotty's 96th Street. This will be remodeled with new tables, chairs, booths, TV's, new lighting and movement of walls...
An interior shot of Scotty's in Fort Wayne to show what we will be remodeling 96th Street to resemble, including these garage doors that open up to the patio...
The outside signage and awnings at Scotty's in Fort Wayne that we will mimic in our remodel of Scotty's on 96th Street.
The bar at Scotty's in Fort Wayne and what the new bar will resemble after the remodel at Scotty's 96th Street.
Another view of the garage doors and interior of Scotty's in Fort Wayne.
Circular booths at Scotty's in Fort Wayne that will be put into Scotty's on 96th Street.
The private and all-ages dining area at Scotty's in Fort Wayne, that will be replicated at Scotty's on 96th Street.
Another shot of the interior at Scotty's in Fort Wayne.
Team
Brenda West
Chief Financial Officer (CFO)
Brenda has 15 years in Commercial Lending across diverse industries. In 2005, she was JPMorgan's Central Indiana Banker of the year and has numerous recognitions of leadership and stewardship. The past eight years have been in the private sector working with start up's to long standing businesses addressing financial accounting and finance and operations risk transformations. Joining Scotty's was an easy choice, as she was an early believer from the flagship restaurant of Scotty’s Brewhouse in her hometown of Muncie. She has excellent communication skills and is a big picture thinker dedicated to managing strategic, financial, operational, and technological risks to maximize an organization's value. She is married to her partner Ann of 28 years and lives on small fishing lake in Blackford County with three dachshunds (Maggie Mae, Josie and Pepper).
Scott Wise
CEO
Scott Wise is the President & CEO of a Pots & Pans Production, the parent management company for Scotty’s Brewhouse and Thr3e Wise Men Brewing Company. Scotty (as he was dubbed by his late grandfather) is a family man, married to wife, Amy, for 15 years. Their family includes 4 children; Slater (7), twins, Lincoln and Vaughn (5), and baby Ivy (2). A avid exercise enthusiast, Scott also enjoys spending time with immediate and extended family, attending sporting events, travel, reading and always striving to better himself.
Wise’s restaurants represent the physical embodiment of his personality and feature upscale, industrial but warm atmosphere, extraordinary customer service, an array of draft and bottled beer and world-class, homemade American comfort food with a twist. The focus on high-quality food, craft beer, exceptional service, and the exciting sports-minded yet family-friendly atmosphere bridges the gap between generations and blurs typical demographic lines. While each location differs slightly, with their vibrant atmosphere, multiple televisions that can be seen from each seat in the dining room or bar and the fact that they are the perfect place to unwind after a long day, catch tonight’s big game or enjoy the company of friends and family, there is no mistaking that all belong to Scotty’s family of restaurants.
“I will act in a way that makes my _________ proud” begins a vision statement unlike any other, a comprehensive list of behaviors and actions that Scotty’s company fanatically embraces and strives to live up to every day. All team members receive a vision statement card on their first day of employment and are encouraged to think about whom, in their own lives, they will make proud and then write that person’s name in the blank. For Scotty, that person is his mom.
In keeping with that vision statement, Scotty is well known as a community philanthropist, consistently committing his time and effort along with monetary and food donations to causes in every city in which his restaurants reside. He is a firm believer in reaching back and offering a hand whenever and wherever one is needed. Scotty knows that in life, just as in his restaurants, it takes everyone working together to be successful.
Scotty’s business accomplishments include the following awards and/or memberships:
• Indiana Restaurant Association – Board of Directors
• West Point Financial – Blue Chip Award Winner
• Indiana Business Journal – Forty Under 40 Award Winner
• Indiana Restaurant Association Restaurateur of the Year, 2009
• Dad's Inc., Father of the Year, 2010
• Strategic Alliance Council, Purdue University Department of Hospitality & Tourism Management
• 2011 Techpoint MIRA Award for Innovative Use of Technology & New Media Excellence Winner
• Central Indiana Junior Achievement “Best and Brightest” Top 10 Nominee, 2011
• Hospitality & Technology Customer Engagement Innovator Honorable Mention, 2011
• Hospitality Technology Editorial Advisory Board Member
About Scotty's Brewhouse | 96th Street
Company Updates
Thank You! We did it!
March 3, 2015
We are finalizing all the investments (we had a flurry of activity the last day with almost 20 new investors submitting interest - sorry, no pun intended on the 8" of snow flurries we received as well...)
All investors have until March 15th to get their funds into our escrow account to be validated, if you miss this date, your investment will be cancelled.
After we have reconciled the final investors, we will be emailing you directly with the next step info: when will payback begin?, when will we meet up to see 96th st. remodel plans?, when will I receive my perks/discounts for dining?, etc.
Thank you, again, for all your support and investments into our future growth. Be safe today on the icy roads. I'll be back in touch with everyone after March 15. Speaking of, join us for live music for St. Patrick's Day on March 17th at all locations. And, great drink specials for the start of the NCAA Tournament beginning March 19th... we love March at Scotty's and Thr3e Wise Men Brewing Co...
Have a great Tuesday!
Scotty
2 days left to invest...
February 26, 2015
And, we are at $366,000 for our fund raise. Thank you so much for all your loyalty, my friends.
If you didn't see the news, we announced today that we are opening a new location at 146th and Hazel Dell in late June.
The remodel for 96th St. will happen in July.
We have a deal we are about to sign to develop a new steak + seafood restaurant in Franklin, Indiana to open in May.
Punta Gorda, Florida location is planned to open in October.
Thr3e Wise Men Brewing location to open in the new Muncie Marriott in November.
MAKE YOUR INVESTMENT TODAY! We want you to be a part of this hot growth for our company.
See you Friday for our Lent Menu at all Scotty's locations!
Scotty
We have raised OVER $300,000 - one week left!
February 20, 2015
If you are going to make an investment with Scotty's on this offer, you only have until Sat., Feb. 28.
Some of you have committed; but, still haven't sent your checks or wired funds to the Escrow Account, please make sure you get this done by next Saturday.
Thank you to the 1,000+ that have shown interest in our fundraising and growth in Indiana and soon, outside of the state.
Once this is complete, I will be attempting to schedule a night for all investors to meet in a private room at Scotty's for free appetizers, a meet-and-greet and to show plans of the remodel project. I'll be there to answer questions and just enjoy some ice cold Thr3e Wise Men beers with you.
MAKE YOUR FINAL INVESTMENTS IN THE FINAL 8 DAYS OF OUR FUNDRAISE!
Have a great weekend. Stay warm. Don't forget our new Lent Menu that started on Wednesday. Bangin' Shrimp, Buffalo Calimari, Blackened Tilapia, Fish Tacos, Panko Breaded Fish & Chips and more...
Scotty
WISH-TV story about Scotty's Funding
February 14, 2015
If you missed the story about Scotty’s Brewhouse and our LocalStake investment offering on WISH-TV, check it out here: http://wishtv.com/2015/02/13/scottys-brewhouse-...
Or, the story that ran in The Current for Fishers and Noblesville here: http://issuu.com/tombritt/docs/noblesville_02-1...
If you haven’t made your investment, you only have until the end of this month! We are now up to $277,000 raised. If you want more information, visit our page on the website using the link below. We ended 2014 at Scotty’s on 96th as our best year ever with a profit of over $200,000!
Join us tonight for Valentine’s Day ($10 off bottles of wine at all Scotty’s and Thr3e Wise Men locations and a dining discount for 2 that includes an appetizer, 2 entrees and dessert). Our Fat Tuesday/Weekend menu of homemade Jambalaya and Lobster Bisque is available until Tuesday. And, on Wednesday, our Lent Menu begins with Blackened Tilapia, Hand-Breaded Panko Cod, Buffalo Calimari and Bang Bang Shrimp!
See our story that ran on Indy Style this past week here: http://wishtv.com/2015/02/12/scottys-brewhouse-...
Hope to see you make an investment soon before time runs out!
Scotty
$264,000 - Invest Before Super Bowl Sunday!
January 30, 2015
We have now hit $264,000 in our fundraise. Thank you all so much! For those that are interested, you have today and tomorrow to take advantage of the 2nd tier of dining discounts and perks before they change on Sunday. And, wouldn't you be happier knowing that you got invested AND watched Tom Brady lose all in the same weekend?
I have had several investors come to me directly asking about investing in our Holding Company level. If this is of interest to you, you can email me directly at swise@scottysbrewhouse.com. These investments, however, are only available for $100,000 and greater.
Have a great weekend. Don't forget your growlers and wings from Scotty's or Thr3e Wise Men! And, make sure you enter our free prop bet contest to win $$$ - http://scottysbrewhouse.com/brewhouse-xtras/pro...
Scotty
Discussion
Fundraise status: No current fundraise
You cannot express interest at this time. Check back soon!
Your status: No interest
Express Interest
If the business begins fundraising, you will be able to review and complete the investment steps.
Expressing Interest FAQ
Expressing interest covers a few different functions. First, it acts as your indication to the business that you have a potential interest in considering an investment. It is also the means by which you are able to access additional materials from the business. The reason you must express interest to view this information is so that the business can keep track of who has accessed their sometimes confidential information. Lastly, expressing interest allows you to keep in touch and stay updated on the progress of the business as they work through their fundraise.
An expression of interest is non-binding. Providing a dollar amount of interest to the business is exclusively a way for them to get a better understanding of whether there is sufficient aggregate interest from investors to support their fundraise goals. If you do not provide a dollar amount to the business, this is fine, but they may decide to cancel their fundraise if they do not have a clear enough picture as to whether there is enough interest to meet their goals.
Yes. Interest can be cancelled at any time, and after cancelling the business will have no means by which to contact you. If you cancel your interest, you can always express interest again if you change your mind.
Yes. The business will be able to contact you through Localstake Marketplace platform messaging. They will not receive any other personal contact information (i.e. email address, phone number, etc.).
When you express interest in a business, they will receive a notification that you are interested. On their investor management interface, they will see your name, state of residence, occupation, and amount of investment.
Company Updates
Thank You! We did it!
March 3, 2015
We are finalizing all the investments (we had a flurry of activity the last day with almost 20 new investors submitting interest - sorry, no pun intended on the 8" of snow flurries we received as well...)
All investors have until March 15th to get their funds into our escrow account to be validated, if you miss this date, your investment will be cancelled.
After we have reconciled the final investors, we will be emailing you directly with the next step info: when will payback begin?, when will we meet up to see 96th st. remodel plans?, when will I receive my perks/discounts for dining?, etc.
Thank you, again, for all your support and investments into our future growth. Be safe today on the icy roads. I'll be back in touch with everyone after March 15. Speaking of, join us for live music for St. Patrick's Day on March 17th at all locations. And, great drink specials for the start of the NCAA Tournament beginning March 19th... we love March at Scotty's and Thr3e Wise Men Brewing Co...
Have a great Tuesday!
Scotty
2 days left to invest...
February 26, 2015
And, we are at $366,000 for our fund raise. Thank you so much for all your loyalty, my friends.
If you didn't see the news, we announced today that we are opening a new location at 146th and Hazel Dell in late June.
The remodel for 96th St. will happen in July.
We have a deal we are about to sign to develop a new steak + seafood restaurant in Franklin, Indiana to open in May.
Punta Gorda, Florida location is planned to open in October.
Thr3e Wise Men Brewing location to open in the new Muncie Marriott in November.
MAKE YOUR INVESTMENT TODAY! We want you to be a part of this hot growth for our company.
See you Friday for our Lent Menu at all Scotty's locations!
Scotty
We have raised OVER $300,000 - one week left!
February 20, 2015
If you are going to make an investment with Scotty's on this offer, you only have until Sat., Feb. 28.
Some of you have committed; but, still haven't sent your checks or wired funds to the Escrow Account, please make sure you get this done by next Saturday.
Thank you to the 1,000+ that have shown interest in our fundraising and growth in Indiana and soon, outside of the state.
Once this is complete, I will be attempting to schedule a night for all investors to meet in a private room at Scotty's for free appetizers, a meet-and-greet and to show plans of the remodel project. I'll be there to answer questions and just enjoy some ice cold Thr3e Wise Men beers with you.
MAKE YOUR FINAL INVESTMENTS IN THE FINAL 8 DAYS OF OUR FUNDRAISE!
Have a great weekend. Stay warm. Don't forget our new Lent Menu that started on Wednesday. Bangin' Shrimp, Buffalo Calimari, Blackened Tilapia, Fish Tacos, Panko Breaded Fish & Chips and more...
Scotty
WISH-TV story about Scotty's Funding
February 14, 2015
If you missed the story about Scotty’s Brewhouse and our LocalStake investment offering on WISH-TV, check it out here: http://wishtv.com/2015/02/13/scottys-brewhouse-...
Or, the story that ran in The Current for Fishers and Noblesville here: http://issuu.com/tombritt/docs/noblesville_02-1...
If you haven’t made your investment, you only have until the end of this month! We are now up to $277,000 raised. If you want more information, visit our page on the website using the link below. We ended 2014 at Scotty’s on 96th as our best year ever with a profit of over $200,000!
Join us tonight for Valentine’s Day ($10 off bottles of wine at all Scotty’s and Thr3e Wise Men locations and a dining discount for 2 that includes an appetizer, 2 entrees and dessert). Our Fat Tuesday/Weekend menu of homemade Jambalaya and Lobster Bisque is available until Tuesday. And, on Wednesday, our Lent Menu begins with Blackened Tilapia, Hand-Breaded Panko Cod, Buffalo Calimari and Bang Bang Shrimp!
See our story that ran on Indy Style this past week here: http://wishtv.com/2015/02/12/scottys-brewhouse-...
Hope to see you make an investment soon before time runs out!
Scotty
$264,000 - Invest Before Super Bowl Sunday!
January 30, 2015
We have now hit $264,000 in our fundraise. Thank you all so much! For those that are interested, you have today and tomorrow to take advantage of the 2nd tier of dining discounts and perks before they change on Sunday. And, wouldn't you be happier knowing that you got invested AND watched Tom Brady lose all in the same weekend?
I have had several investors come to me directly asking about investing in our Holding Company level. If this is of interest to you, you can email me directly at swise@scottysbrewhouse.com. These investments, however, are only available for $100,000 and greater.
Have a great weekend. Don't forget your growlers and wings from Scotty's or Thr3e Wise Men! And, make sure you enter our free prop bet contest to win $$$ - http://scottysbrewhouse.com/brewhouse-xtras/pro...
Scotty