For popular Ingersoll Avenue
tavern Flanagan's Restaurant & Lounge, St. Patrick's Day was what Black
Friday is in the retail trade. Revenues could pay a year's worth of bills.
However in Flanagan's case, the
cash flow probably won't forestall a sheriff's sale that is scheduled for March
The tavern and restaurant at 2120
Ingersoll Ave. was supposed to change hands last year, when founder Tim
Flanagan said he was retiring and selling the operation to an investment group.
According to records with the Iowa Alcoholic Beverages Division, that group is
Ingersoll Sports LLC, and its majority owner is David Clemens. However, Polk
County property records show that Flanagan remains the owner.
Flanagan and Clemens could not be
reached for comment.
According to court and sheriff's records, U.S.
Bank won a $190,000 judgment against Flanagan and his operating company in
April 2012. Records also show unpaid state sales taxes totaling $50,594 and
federal tax liens for $19,413 for delinquent withholding tax payments.