Prime 47 Carmel - Clay Terrace

What Prime 47 Carmel - Clay Terrace does

Prime 47 Carmel - Clay Terrace is a privately held, locally owned and operated fine dining steakhouse located at 14300 Clay Terrace Blvd Suite 155 in Carmel, Indiana. Founded in 2012 and operating with a 27-person staff, the restaurant positions itself as the only USDA Prime steakhouse in the Carmel/Central Indiana market, featuring Prime-grade cuts from specialized suppliers, seafood flown in daily, an award-winning wine list with personal wine lockers, a full bar with specialty cocktails, complimentary valet service, and live music in the lounge Wednesday through Saturday. Hours are dinner-only, six days per week.

The company's product surface extends beyond the core dine-in experience into private events, off-premise catering, and prepaid gift card sales. Three private dining rooms (Fortune Room seating 88 / cocktail capacity 150; Mezzanine Room seating 48 / cocktail capacity 60; President's Room seating 36 / cocktail capacity 50) accommodate events from 6 to 300 guests and are equipped with Direct TV, HDMI, and VGA inputs for corporate meetings. Prime Catering is operated as a related female-owned sub-brand offering passed hors d'oeuvres, food stations, plated dinners, buffets, and carving stations for events of any size. Gift cards are sold online through Toast Tab and at select Costco warehouse locations.

Revenue is generated across four streams: dine-in restaurant service (covers, bar, wine), Prime Catering (professional services for events), private dining room rentals with food and beverage minimums, and gift card sales (both online and at Costco retail). The go-to-market is sales-led, relying on reservations via SevenRooms and OpenTable, personal outreach from Director of Sales Elizabeth Downey for private events, gift card distribution at Costco, and marketing touchpoints through an email eClub, social media, and themed events (Ladies Night, wine tastings, golf outings, mix-and-mingle socials). Leadership includes Owner Operator Jeremiah Hamman, Vice President Roger Curry, Executive Chef Kevin Ealey, General Manager Isaac Davis, and Director of Sales Elizabeth Downey. No external parent, institutional investor, or funding rounds are disclosed.

Name

Prime 47 Carmel - Clay Terrace

Legal name

Prime 47 Carmel

Website

https://prime47carmel.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Prime 47 Carmel is a locally owned, fine dining USDA Prime steakhouse in Carmel, Indiana, serving affluent diners with USDA Prime beef, fresh seafood, an award-winning wine program, three private dining rooms for events up to 300 guests, the Prime Catering sub-brand, and gift cards sold online and at Costco.

Ownership category

akta.pro rank

Product category

Fine Dining Restaurants

NAICS

Full-Service Restaurants (722511), Caterers (722320)

SIC

Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Steakhouses & Seafood Restaurants (THAFACAE)

akta.pro secondary industry

Fine Dining Restaurants (THAFACAA)

Keywords

• Fine dining steakhouse
• USDA Prime beef
• Private dining events
• Off-site catering service
• Premium wine program

Headquarters

HQ city

Carmel, Indiana

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Dine-in Restaurant Service: Full-service fine dining steakhouse offering USDA Prime beef cuts, fresh seafood, award-winning wine list, full bar, and specialty cocktails. Revenue generated from table service, bar sales, and wine purchases during dining.
2. Catering Services: Prime Catering, a female-owned catering business in Carmel, Indiana, provides passed hors d'oeuvres, food stations, plated dinners, buffets, and carving stations along with beverage packages for events ranging from intimate gatherings to large scale events.
3. Private Event Rentals: Three private dining rooms (Presidents Room, Mezzanine Room, Fortune Room) available for rental for events, celebrations, corporate meetings, and intimate gatherings. Revenue from room rental, food, beverage minimums, and event planning services.
4. Gift Cards: Gift cards sold online through Toast Tab platform and at select Costco retail locations, providing prepaid revenue for future dining experiences.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Prime 47 Carmel operates a full-service fine dining prime steakhouse at Clay Terrace Mall in Carmel, Indiana, featuring USDA Prime cuts of beef sourced from critically acclaimed suppliers and seafood flown in fresh each day. The restaurant offers an award-winning wine list with personal wine locker rentals, a full bar, lounge seating with live music Wednesday through Saturday, three private dining rooms accommodating 6 to 300 guests, and complementary valet parking. It is complemented by Prime Catering, an affiliated catering sub-brand providing on-site and off-site catering for events of any scale.

Product overview

Prime 47 Carmel is a fine dining prime steakhouse restaurant featuring USDA Prime cuts of beef and fresh seafood. The core product is the restaurant dining experience, supported by three private dining rooms (Fortune Room, Mezzanine Room, President's Room) for events, the Wine Vault with award-winning selections, and a full bar with live music. The company also operates Prime Catering as a sub-brand for off-site catering services. Gift cards, private events, and promotions round out the service offerings.

Differentiator

Problem solved

Functional benefit

Brands

• Prime Catering: Female-owned catering business offering passed hors d'oeuvres, food stations, plated dinners, buffet stations, and tended carving stations for events of any size

Products and services

• Prime 47 Fine Dining Steakhouse Full-service fine dining prime steakhouse offering USDA Prime cuts of beef sourced from critically acclaimed suppliers and fresh seafood flown in daily, with award-winning wine list, full bar, lounge seating, and complementary valet parking. For upscale individual diners, families, and groups in Carmel, Indiana.
• Private Dining Rooms Three bookable private event spaces: Fortune Room (seats 88, cocktail capacity 150), Mezzanine Room (seats 48, cocktail capacity 60), and President's Room (seats 36, cocktail capacity 50), equipped with state-of-the-art A/V (Direct TV, HDMI, VGA inputs). Available for events, celebrations, corporate meetings, and intimate gatherings.
• Prime Catering Female-owned off-site and on-site catering service offering passed hors d'oeuvres, food stations, plated dinners, buffet stations, and tended carving stations with beverage packages for events ranging from intimate gatherings to large-scale events.
• Gift Cards Prime 47 Carmel gift cards available for purchase online through Toast Tab and at select Costco retail warehouse locations, with balance checking available through Toast Tab. Provides prepaid credit for future dining experiences at the steakhouse.

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

One partnership is on record.

• Prime CateringcoreOthersPrime Catering is a female-owned catering business in Carmel, Indiana, operated by Nessa Hamman who has 15+ years of catering experience. Prime Catering offers passed hors d'oeuvres, food stations, plated dinners, buffet stations, and carving stations with beverage packages. While closely associated with Prime 47 Carmel, this appears to be a related but separate business entity with a distinct website (primecatering.net) offering complementary catering services.

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• The Capital Grille: Upscale steakhouse chain known for dry-aged steaks, fresh seafood, a deep wine list, and private dining. Comparable premium steakhouse experience aimed at business diners and celebrations, but operates as a multi-location national brand.
• Del Frisco's Double Eagle Steakhouse: Premium national steakhouse chain offering prime steaks, fresh seafood, an extensive wine list, and large private event spaces. Comparable high-end steakhouse experience with strong emphasis on private dining and wine programs.
• Morton's The Steakhouse: Long-established national upscale steakhouse chain serving prime steaks, seafood, and wine in a club-like setting with private event capabilities. Comparable fine dining steakhouse positioning, operating as a broader incumbent rather than a single-location independent.
• Fleming's Prime Steakhouse & Wine Bar: National upscale steakhouse chain focused on prime steaks, an award-winning wine program, and private dining. Highly comparable product offering and customer profile to Prime 47, but operates as a multi-unit brand rather than a single-location independent.
• Ruth's Chris Steak House: Large national fine dining steakhouse brand with broad geographic footprint, USDA Prime steaks, seafood, and private dining. Comparable in category and customer profile but operates at much greater scale as part of a portfolio rather than a single independent location.

Direct peers

• Sullivan's Steakhouse: National upscale steakhouse chain featuring USDA Prime aged steaks, fresh seafood, an extensive wine list, and private dining rooms. Closely comparable full-service fine dining steakhouse model targeting celebrations, date nights, and private events.
• Shula's Steak House: Upscale steakhouse chain serving SHULA CUT® premium beef, fresh seafood, and an award-winning wine list with private event space. Comparable premium steakhouse experience targeting celebrations and private dining customers similar to Prime 47's audience.
• Eddie Merlot's: Upscale steakhouse chain serving prime aged beef, fresh seafood, and an award-winning wine list in a fine dining setting with private event spaces. Comparable premium steakhouse concept with similar per-cover economics and event-driven revenue mix.
• St. Elmo Steak House: Iconic Indianapolis-area fine dining steakhouse serving USDA Prime beef, seafood, and an award-winning wine list with private dining. Directly comparable upscale steakhouse concept competing for the same Indianapolis-metro affluent diners and event business as Prime 47.
• Eddie V's Prime Seafood: Upscale chain pairing prime steaks with an emphasis on fresh seafood, live music in the lounge, and an extensive wine list. Directly comparable premium surf-and-turf concept with similar entertainment and wine-program features to Prime 47.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/prime-47-carmel

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prime 47 Carmel - Clay Terrace