“The whole management team and I are very excited about the new owners. We think it’s a great fit for the company, and the energy and collaboration they bring will only enhance our recovery and growth.

HopCat locations opened in Lincoln, Nebraska, and Indianapolis over the summer. It also shut down some of its locations.ĭuring the pandemic, the company says it continued working hard to find new owners, reopen restaurants and create an environment where customers felt safe. This is much-needed good news for the local community and restaurant industry as a whole.”Ĭongruent Investment Partners and Main Street Capital have been lenders to the company since 2015, according to a press release.īarFly Ventures announced that it was filing for bankruptcy back in June after the COVID-19 pandemic created challenges for the restaurant industry. “We intend for these restaurants to succeed and very much believe the company can return to growth as the pandemic subsides. “All windows and doors will have to be closed whenever there is live music or a DJ,” Spencer said in his report.“HopCat, Stella’s and Grand Rapids Brewing Company are important to both Grand Rapids and the state of Michigan,” Nick Meserve, managing director of Main Street Capital, said in a statement. Though the restaurant is seeking to have occasional live bands and DJs, they will first have to be approved by the police chief. Hopcat is also requesting an entertainment permit for events such as trivia nights and contests. One of the bars will be open to the outside sidewalk cafe areas, but patrons will not be allowed direct access to the outdoor service area from the sidewalk. There will be two bars and Hopcat plans to have two outdoor seating areas. Space inside the new location is somewhat smaller than the first HopCat in Royal Oak and covers 11,208 square feet with indoor seating for 265 patrons. “The interior will be completely remodeled, including new restrooms and new interior finishes.” HopCat “will also add new signage, relocate the front door, and upgrade the HVAC, electrical, plumbing and exhaust systems,” Spencer said in his report. Owners are spending about $3.3 million on renovations, fixtures, furniture and inventory for the new HopCat location. The new HopCat will be located in space that formerly included Noodles & Company on Main Street. Main Street, and taking over that space, as well as the former storefront spaces of Game Stop and Noodles & Co. HopCat is using a Class C liquor license from the former Mongolian BBQ at 450 S. In his report, Spencer wrote that the new HopCat meets all city requirements and isn’t expected to cause any additional strain on police resources.

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