The Fountain Room

What The Fountain Room does

The Fountain Room is a single-location upscale modern American supper club located at 830 Massachusetts Ave in Indianapolis' historic Bottleworks District, operating within the privately held Clancy's Hospitality restaurant group. Founded in 2022, the concept is built around the Art Deco interior of a 100-year-old former Coca-Cola bottling plant, featuring velvet banquettes, chandeliers, and a reel-to-reel machine that evoke mid-century supper club nostalgia. The restaurant serves premium steaks (Certified Angus Beef and Wagyu), prime rib, seafood, pasta, and craft cocktails to a fine-dining clientele seeking celebration dinners, romantic outings, and private events, alongside weekend brunch and weekday happy hour programming.

The technical and operational stack is conventional restaurant SaaS rather than proprietary technology: the website and online ordering run on BentoBox, reservations are processed through OpenTable, private events are managed via Tripleseat, HR/payroll is handled in ADP Workforce Now, and the gift card program is part of the parent group's Clancy's Hospitality platform. The restaurant markets through earned media (People Magazine, OpenTable, USA TODAY, Indianapolis Monthly, Cincinnati Magazine, Tasting Table), organic social (Facebook, Instagram, Twitter, TikTok, Spotify playlists), email newsletters, and OpenTable as a third-party booking channel. Leadership consists of Owner/Director of Operations Blake Fogelsong (a third-generation restaurateur), Executive Chef Ricky Martinez, General Manager Jamie Murzynowski, Private Events Manager Carley Clark, Assistant Manager Suzanne Larmark, and Sous Chef Eric Du; the company employs approximately 10 people.

The business model is direct-to-consumer restaurant revenue generated through dine-in food and beverage sales, private event bookings across three tiered spaces (up to 50, 40, and 160 seated guests), brunch service, happy hour promotions, and physical/digital gift card sales. Pricing is unit-based with entrees ranging roughly $30-$56 and premium steaks up to $110 (Wagyu). No external funding, revenue figures, or institutional investment is disclosed; the unit operates as a privately held concept within a family-owned seven-restaurant group spanning Indiana and Ohio.

Name

The Fountain Room

Website

https://thefountainroom.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

The Fountain Room is a single-location upscale modern American supper club in Indianapolis' historic Bottleworks District, serving premium steaks, prime rib, seafood, and craft cocktails alongside private event, brunch, and happy hour programming as part of the Clancy's Hospitality restaurant group.

Ownership category

akta.pro rank

Product category

Fine Dining Restaurant / Supper Club

NAICS

Full-Service Restaurants (722511)

SIC

Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Supper Clubs & Dinner-Theater Restaurants (THAFACAL)

akta.pro secondary industry

Fine Dining Restaurants (THAFACAA)

Keywords

• Fine dining
• Supper club
• Private events
• Steakhouse
• Craft cocktails

Headquarters

HQ city

Indianapolis

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 Food and Beverage Sales: Core revenue stream from serving fine dining cuisine including steaks (Certified Angus Beef, Wagyu), seafood, pasta, and craft cocktails, wine, and beer. Revenue generated through table service during business hours.
2. Private Event Services: Revenue from hosting private dining events in three dedicated spaces: The Yuncker Brothers Room (up to 50 seated), The Pemberton Room (up to 40 seated), and Full Buyout (up to 160 seated). Private luncheons available with minimum party size of 20 and 72-hour notice.
3. Gift Cards: Sale of physical gift cards (delivered in 5-10 business days) and eGift cards (delivered in minutes) available in any denomination. Gift cards are redeemable at all Clancy's Hospitality Locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

The Fountain Room operates an upscale modern supper club restaurant in Indianapolis' Bottleworks District, serving fine dining fare including Certified Angus Beef steaks, Wagyu, prime rib, seafood, and craft cocktails in an Art Deco-inspired setting. The restaurant also offers three private event spaces (Yuncker Brothers Room, Pemberton Room, and Full Buyout) for groups of 40 to 160 guests, along with weekend brunch service, weekday happy hour, and a gift card program.

Product overview

The Fountain Room is a modern American supper club offering a unified dining experience centered around its main restaurant venue. The product portfolio includes the core restaurant experience featuring world-class steaks, prime rib, and seafood, complemented by private dining spaces (The Yuncker Brothers Room seating up to 50, The Pemberton Room seating up to 40, and full buyout options for up to 160 guests). Additional offerings include seasonal dining programs like Summer Vine & Dine, comprehensive beverage programs (cocktails, wine, spirits), weekend brunch service, and gift card products. The restaurant operates within Clancy's Hospitality group and is located in Indianapolis' historic Bottleworks District.

Differentiator

Problem solved

Functional benefit

Products and services

• The Fountain Room Restaurant Upscale supper club dining experience featuring prime rib, steaks, seafood, and classic American fare in an Art Deco-inspired setting within the historic Bottleworks District of Indianapolis. Open for dinner Mon-Thu 4pm-10pm, Fri 4pm-11pm, Sat 10am-11pm, Sun 10am-9pm.
• Dinner Menu

Quantifiable outcome

• Named among 50 Most Beautiful Restaurants in America by People Magazine and OpenTable
• +1 more outcomes

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature1 record

Partnerships

One partnership is on record.

• Clancy's HospitalitycoreOthersParent company and operator of The Fountain Room and six other restaurant concepts across Indiana and Ohio. Blake Fogelsong is Owner/Director of Operations and third-generation restaurateur driving the group. Clancy's Hospitality provides centralized resources for gift cards, online ordering, careers, and marketing across all concepts.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Morton's The Steakhouse: Established national fine dining steakhouse chain featuring prime steaks, signature cocktails, and private dining facilities. Comparable in classic supper club/steakhouse positioning and corporate event offerings.
• Eddie Merlot's: Midwest-focused upscale steakhouse chain offering prime aged steaks, seafood, and an award-winning wine list. Comparable in premium positioning and Midwest regional presence.
• Ruth's Chris Steak House: National upscale steakhouse chain serving USDA Prime steaks in a fine dining atmosphere with private dining rooms. Directly comparable in premium beef positioning, average check size, and event-driven revenue.
• The Capital Grille: National upscale steakhouse chain known for dry-aged steaks, an extensive wine list, and private dining. Comparable in menu offering, private event focus, and target customer profile.
• Flemings Prime Steakhouse & Wine Bar: National upscale steakhouse chain pairing prime steaks with a 100-wine-by-the-glass program. Comparable in steakhouse-plus-extensive-beverage-program positioning and private dining emphasis.

Direct peers

• The Libertine: Indianapolis upscale modern American restaurant featuring craft cocktails and a chef-driven menu. Comparable as a contemporary fine dining concept targeting discerning local diners in Indianapolis.
• Bluebeard: Indianapolis farm-to-table restaurant in the Fletcher Place neighborhood, offering seasonally driven American cuisine with a strong beverage program. Comparable as a chef-driven upscale Indianapolis concept.
• Harry & Izzy's: Upscale Indianapolis steakhouse and sibling concept to St. Elmo, offering prime steaks, seafood, and craft cocktails in a refined setting. Comparable in price point, customer demographic, and dinner-focused experience.
• St. Elmo Steak House: Iconic Indianapolis fine dining steakhouse founded in 1902, widely regarded as the benchmark upscale dining establishment in the market. Directly comparable as a premium steakhouse targeting special occasions and business dining in the same Indianapolis geography.

Others

• Grindstone on the Monon: Sibling concept within the Clancy's Hospitality portfolio, providing context for parent-group operating leverage and shared marketing, gift card, and procurement infrastructure that supports The Fountain Room.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FountainRoom
• Facebookfacebook.com/TheFountainRoom
• Instagraminstagram.com/the.fountain.room
• TikToktiktok.com/@clancyseats
• LinkedInlinkedin.com/company/the-fountain-room

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

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 The Fountain Room