Wooldridge said he recently accepted a buyout offer for the business and its inventory. The new owners, whom he declined to name, plan to rebrand the store under a new name and operate it as a gaming store. Wooldridge will not be involved in the new venture.

"It's been a big adventure, a fun journey and I wish the next game store all the luck in the world," Wooldridge said. "I think it's a good opportunity for someone who really enjoys gaming."

Running the store alone for the past two weeks has been "kind of rough," Wooldridge said.

The ownership change followed a late-October restructuring in which the company removed the former co-owner due to "recent allegations," according to a statement posted on Elf 'N Moon's website and attributed to management. A publicly available police report alleging harassment, filed Oct. 20, does not name the former co-owner as a suspect, but details in the report match an account posted to social media by the mother of a 14-year-old girl. The report does not detail the allegations, and the former co-owner has not been charged with a crime.

Elf 'N Moon opened in 2024 and advertised itself as a "third space" for gamers and hobbyists, offering large wooden tables for open play. During major fan events such as Gen Con, the store stayed open 24 hours a day, seven days a week.

The store's closure marks the end of a short but visible run in Fountain Square's business district, where it had become a hub for the local gaming community. The buyout means the Shelby Street location will remain a gaming destination, though under different ownership and a new identity.

Wooldridge said he has high hopes for the new operators. The sale price and the identities of the buyers were not disclosed.