The Cyrus Place - Venue

What The Cyrus Place - Venue does

The Cyrus Place is a privately held, full-service event venue operating from a historic 1882 D.A. Bohlen-designed church building at 237 N. East St. in the Historic Core of Downtown Indianapolis. Founded in 2016 when the building was converted from a former concert hall and cafe, the venue operates a platform-plus-modules model: two core rentable event spaces (Grand Hall on the second floor holding up to 200 standing/175 seated guests, and the Main Hall Ballroom on the ground floor) are supported by an on-site Bridal Suite, a speakeasy-style Groom Quarters, complimentary Wi-Fi, in-house bar service, linen rentals, and event coordination. The venue enforces a one-event-per-day exclusivity policy that anchors its premium positioning, charges $3,500-$8,000 in rental fees depending on day-of-week and season, and offers optional add-ons (day-of coordination, decorating staff, A/V equipment, linens).

The business serves four primary customer segments: (1) wedding couples needing ceremony and reception under one roof with on-site preparation spaces, (2) corporate event planners requiring flexible floor plans without catering minimums, (3) social event hosts for rehearsal dinners, anniversaries, baby showers, school banquets, and galas, and (4) public event attendees purchasing tickets for the Candlelight Concert Series and yoga/community programming distributed through FeverUp. An on-site Red Door Cafe operates weekday and weekend hours serving Intelligentsia coffee and pastries, with a free membership program that drives repeat foot traffic.

Revenue mechanics span one-time venue rentals, transaction-fee event ticketing, professional-services add-ons (coordinating, bar service, linen rentals), and hardware-style cafe sales. Jacquie's Gourmet Catering operates as exclusive preferred catering partner with $500-$700 outside-caterer fees captured as ancillary revenue. The company is founder-owned by Cyrus Jafari, who serves as Person in Charge alongside six named staff including a GM/Event Specialist, Director of Security, Business Advisor, and Risk Control Advisor. Distribution runs primarily through direct website/phone booking with Dubsado reservation tooling, supplemented by listings on WeddingWire and The Knot and ticketing via FeverUp.

Name

The Cyrus Place - Venue

Legal name

The Cyrus Place

Website

https://thecyrusplaceeventcenter.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

The Cyrus Place is a privately held historic Indianapolis event venue housed in an 1882 D.A. Bohlen church building, hosting weddings, corporate functions, social events, and ticketed concerts under a one-event-per-day exclusivity model with on-site Red Door Cafe operations.

Ownership category

akta.pro rank

Product category

Event Venue Services

NAICS

Drinking Places (Alcoholic Beverages) (722410)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Multi-Purpose Event Halls & Community Centers (THAHAAAI)

akta.pro secondary industry

Venue & Banquet Hall Catering (THAFAIAC)

Keywords

• Event venue rental
• Wedding venue services
• Corporate event hosting
• Historic event center
• Event coordination services

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Venue Rental: Primary revenue from renting event spaces for weddings, corporate events, and social gatherings. Pricing varies by day of week, season, and event type with rental rates from $3,500 to $8,000.
2. Optional Add-on Services: Additional revenue from add-ons including day-of coordination, decorating staff, audio/visual equipment, additional hours, and event supplies like linens and napkins.
3. Red Door Cafe Operations: On-site coffee shop serving Intelligentsia coffee, organic tea, and locally baked pastries. Operates Monday-Friday 8am-4pm, Saturday-Sunday 9am-2pm. Also offers membership program with VIP benefits.
4. Event Ticketing: Revenue from ticket sales for public events including concerts, yoga sessions, brunches, and special events. Concert tickets typically $35, with combo packages including dinner available.
5. In-house Bar Service and Linen Rentals: The venue provides bar service and linen rentals as in-house services, requiring clients to use their approved caterers for food service.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Cyrus Place is a historic 1882-built event venue in downtown Indianapolis that rents its multi-room facility (Grand Hall, Main Hall Ballroom, Bridal Suite, Groom Quarters) for weddings, corporate events, social gatherings, and concerts. It also operates the on-site Red Door Cafe and provides in-house bar service, event coordination, and linen rentals. The venue hosts only one event at a time to ensure exclusivity for clients.

Product overview

The Cyrus Place is a historic full-service event venue in downtown Indianapolis offering multiple distinct spaces and services. The venue operates on a platform-plus-modules model with core event spaces (Grand Hall, Main Hall Ballroom, Bridal Suite, Groom Quarters, Red Door Cafe) as the primary offerings, supplemented by add-on services including wedding packages, bar services, event coordinating, and a cafe membership program. The venue hosts weddings, corporate events, social gatherings, and the Candlelight Concert Series. Built in 1882 as a church/concert hall and transformed into an event facility in 2016, the venue features unique architectural elements including stained glass windows, exposed brick, and vintage decor throughout its spaces.

Differentiator

Problem solved

Functional benefit

Brands

• Red Door Cafe: An on-site coffee shop serving organic coffee and tea, locally baked pastries, located within The Cyrus Place venue. Hours: Monday-Friday 8:00 am – 4:00 pm; Saturday & Sunday 9:00 am – 2:00 pm. Serves Intelligentsia Direct Trade coffee.

Products and services

• Wedding Venue Services Full-service wedding hosting including ceremony and reception in the same building, bridal suite and groom quarters access, one event per day for exclusivity, custom floor plans, and rental including up to one hour of rehearsal time. For couples seeking an all-in-one downtown Indianapolis historic venue.
• Corporate Event Services Corporate event hosting featuring flexible floor plans (boardroom, classroom, u-shape, auditorium, standing reception, banquet style), projector and screen in Main Hall, complimentary Wi-Fi, and no catering minimums. For businesses hosting meetings, presentations, team events, and holiday parties.
• Social Event Services Social event hosting including rehearsal dinners, anniversaries, baby showers, birthday parties, school banquets, dances, galas, fundraisers, holiday parties, and chef cook-offs. For individuals and community organizations hosting personal celebrations.
• Candlelight Concert Series Hosted concert series featuring candlelit musical performances in partnership with FeverUp, including tributes to artists such as Queen, ABBA, Taylor Swift, Whitney Houston, Hans Zimmer, Joe Hisaishi, Vivaldi, and Coldplay. Tickets sold via FeverUp and at Red Door Cafe.
• Red Door Cafe On-site coffee shop serving Intelligentsia Direct Trade Coffee, organic tea, and locally baked pastries. Also functions as a backstage area for caterers, buffet space, conference room, and intimate concert venue. Hours: Monday-Friday 8am-4pm, Saturday-Sunday 9am-2pm. Includes a free membership program with VIP discounts.
• Bar Services In-house bar services featuring handcrafted bars made from recycled building materials, including a rustic bar in Main Hall with live edge wood counter and a barn flooring top bar near Grand Hall. The venue holds the liquor license and provides all bar services for events.
• Event Coordinating Services In-house event coordinating, custom event design, floor plan assistance, timeline planning, and on-site venue coordinator included in rental. Also provides linen rentals and bar service coordination.
• Wedding Packages Tiered wedding rental packages including average rates (April-August, November-December: Friday $5,500, Saturday $6,500, Sunday $5,000), peak rates (September-October: $7,000-$8,000), and off-season rates (January-March: $3,500-$4,000). Damage deposit, optional linens, security, day-of coordinator, and audio/visual equipment included or available as add-ons.

Quantifiable outcome

• Only one event hosted at a time for exclusivity
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Jacquie's Gourmet CateringcoreStrategic or Co-development PartnerExclusive preferred catering partner for The Cyrus Place. Jacquie's provides lunch, dinner, and late night snack catering for events. The caterer is familiar with the facility and venue policies. Clients are required to use approved caterers, with fees of $500 (under 100 guests) or $700 (100+ guests) for non-approved caterers. Wedding cakes may be purchased outside the approved list.
• Koshmaze CateringminorStrategic or Co-development PartnerCatering partner used for specific events such as the Persian Traditional Concert dinner service. Serves as an alternative option for specialized cuisine needs.
• DeWitt & Shrader, PCminorOthersParking partner lot located at the corner of Ohio and East Street. Approximately 60 parking spaces available for event parking during evenings (after 5pm Monday-Friday) and weekends. Parking must be reserved by venue manager for specific event dates.
• Market District GarageminorOthersParking garage partner at 101 N. New Jersey St. with 7'0" clearance. Available for weekday event parking. Partner hotel nearby offers shuttle services to and from venue for events.
• FeverUpcoreChannel Partner/ Reseller/ DistributorPrimary ticketing platform partner for Candlelight Concert series and other public events hosted at The Cyrus Place. Manages ticket sales, door times, and customer ticketing inquiries. Venue serves as host location only and directs ticket issues to [email protected].

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• The Columbia Club: Historic private club in downtown Indianapolis offering event spaces for weddings, corporate functions, and social gatherings. Comparable in historic architecture, downtown location, and diversified event use cases.
• Indiana Roof Ballroom: Historic downtown Indianapolis event ballroom hosting weddings, galas, and corporate functions. Comparable in downtown Indianapolis historic positioning, large-event capacity, and broad use-case mix.
• The Sanctuary on Penn: Indianapolis-based event venue specializing in weddings, corporate events, and social gatherings in a restored historic building. Directly comparable in terms of product offering, target customer (couples, event planners), and downtown Indianapolis market.
• The Willows on Westfield: Indianapolis-area wedding and event venue with comparable capacity (mid-size events), bridal suite, and historic/charm-driven positioning. Directly comparable in customer segments (wedding couples, corporate, social) and full-service event model.
• Artsgarden Indianapolis: Iconic glass-enclosed downtown Indianapolis event and performance venue. Comparable in downtown Indianapolis market, distinctive architectural positioning, and use for both private events and public performances.

Broad incumbents

• Hyatt Regency Indianapolis: Full-service downtown Indianapolis hotel with significant event and ballroom capacity. Comparable in downtown Indianapolis corporate and social event market, but operates as a broad hospitality incumbent rather than a venue-only specialist.
• JW Marriott Indianapolis: Large downtown Indianapolis hotel with extensive meeting, wedding, and banquet facilities. Comparable in competing for the same Indianapolis wedding and corporate event demand, but offers lodging and broader amenities as part of a national chain.
• Union Station Indianapolis: Historic Indianapolis train station operating as a tourist attraction and large-scale event venue. Comparable in historic architecture and downtown positioning, but broader in scope as a tourism destination rather than a dedicated event venue.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/reddoorcafeindy
• Instagraminstagram.com/reddoorcafeindy
• LinkedInlinkedin.com/company/thecyrusplace

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Cyrus Place - Venue