Cheers Bar & Grill in Roseland, IN, has been sold after seven years under owner Steve Mihaljevic. The new ownership, a woman-owned business with restaurant experience, is set to take over in October. Mihaljevic expressed confidence in the new management and highlighted plans for updates, including a new patio door, a revamped second-floor VIP lounge, and improved parking.
Despite the transition, Cheers will maintain its signature live music, karaoke, and special events. Mihaljevic noted the bar’s role as a community hub for friendships and memories. He decided to sell to spend more time with family and focus on real estate. He ended his announcement with a humorous request for one last Malört. The exact ownership transition date and new owner’s identity remain undisclosed.