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Scottys

Scotty's Brewhouse | 96th Street

Established restaurant in Indiana with 12 locations. (since 1996)
Food/Bev. Indianapolis, Indiana

Financial Summary

Scotty's Brewhouse | 96th Street is not currently fundraising.

Previous Fundraise Summary

Security Type Revenue share
Minimum Investment $500
Investor Eligibility All Investors

Previous Fundraise Activity

$386,100 raised
This business has $386,100 committed from 116 investors.
Max $386 k
↳Target $250 k

Financials

Funding Plans & History

Offering Materials

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Business Plan

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!

Entity Type LLC

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1417624883 brenda

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).

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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

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

We have raised $229,250 - only 4 days until...

January 26, 2015

Only 4 days left to get the 2nd tier of dining discounts and perks offered in this fundraise. The discounts and perks will be reduced to our 3rd tier after Saturday, January 30.

I wanted to also give you all some exciting news. We ended 2014, unofficially, with a net income at Scotty's Brewhouse on 96th St. at $215,651. Our 2013 net income was $75,402. We are extremely excited about our successes and look forward to an even greater 2015 with you as an investor in the company.

I drove to Cape Girardeau, MO last week to look at a new location that could possibly open in 2015. My team and I are flying to Louisville, Nashville, Atlanta, Punta Gorda (FL) and Kansas City tomorrow and Wednesday with developers that will be taking us out-of-state in 2015. We also are in the midst of design for our Noblesville location that should open in late 1st quarter of 2015. We have a few other surprises that I'll continue to announce here at the appropriate time.

I hope to see you make an investment here in the next few days to help us reach our goal. We are so close and want you to be a part of our successes. If you have any questions, you can reply through Localstake or email me directly at swise@scottysbrewhouse.com.

Have a great week. Don't forget to order your catering (866-598-BEER or catering@scottysbrewhouse.com - WE DELIVER) - wings, dill chips and Thr3e Wise Men kegs and growlers for the Big Game (I hate that my lawyers tell me I have to call it that) this Sunday! Follow us on Twitter or Facebook and make sure you get in on my Prop Bet contest to win $$$. Will Belichick wear a sleeveless hoodie or not?

God bless,
Scotty

Reminder: Investment is for benefit of the 96th St location only; investment perks are redeemable at all locations.

When do I get PAID? ("show me the money")

January 15, 2015

Or, you might also be saying, "when can I start getting my restaurant dining perks and incentives? I'd like to go to Scotty's or Thr3e Wise Men this Sunday to watch the Colts whip some Patriots' a**!"

I have had a few questions brought to my attention from a few investors and I wanted to clarify this for everyone, as you may also be wondering the same thing (remember, there are no dumb questions other than the ones not asked...)

The payback on the investment AND the restaurant perks/incentives will all begin once we take a draw of money from all the investors that is currently sitting in an Escrow account at the bank. We will not draw on this money until we hit the minimum we set for this fundraise ($250,000).

I will continue to use this announcement system via LocalStake to let you know when all of this happens and to keep you informed. I will let you know what day we will post the month end sales and what day the ACH payments will transfer to your account, as well, when we get to that point in the fundraise.

Thanks again for all your support. I appreciate every one of you! Keep spreading the word to friends and family. Or, if you haven't committed to the investment yet, I hope you will take the next step and click on the button to make an investment today!

Go Colts! (go get your growlers filled on Saturday at any Scotty's location or on Sunday at Thr3e Wise Men only) Or, enjoy our blue mugs of beer, blue margaritas and blue "Luck"y shot specials on Sunday! If you are staying in for the game, most of our locations deliver now! Go to our website to see which ones and to order online!

Scotty

$190,250 committed - almost there!

January 12, 2015

We now have $190,250 committed from 45 investors. We have 700 investors that have pledged some kind of monetary interest to account for more than $1,670,000 of investment interest in Scotty's Brewhouse! Thank you all.

I continue to accept about 2-5 investors into this fundraise on a weekly basis. I hope you will take the step forward to investing with us too.

Investors have the opportunity to receive return on investment through our revenue share where we will be paying out a percentage of our monthly top-line revenue, in addition to accessing to great dining discounts and perks along the way. Click the green button below to access full details and complete investment.

If you have any questions or comments, feel free to reach out to me here or at swise@scottysbrewhouse.com.

Stay safe and warm.

Scotty

Now at $123,000 - last day for 1st month benefits!

December 31, 2014

Six new investors yesterday! Thank you so much!

A friendly reminder that the dining discounts and perks change after TODAY for any investment amounts over $1,000. The quicker you invest, the better the perks and incentives!

We now have 30 investors and another 600+ of pledged interest in the amount of $1.5 M. Go click on the "make an investment" button before it is too late.

HAPPY NEW YEAR!

Scotty

3 more investments yesterday!

December 26, 2014

$1,000, $2,500, and $5,000 investments were made yesterday! Thank you!

Just an update of where we stand with our fundraise - Scotty's has raised $76,750 from 18 investors, with $1,141,349 of pledged interest from 551 people on the Scotty's Brewhouse investment platform.

Thanks again. Keep those investments coming!

Scotty

Business status: No current fundraise

You can express interest to notify the business of your interest in a future fundraise.

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