Oscar's Downtown Palm Springs Restaurant Operations for Premier Bar, Restaurant & Entertainment Center RRC# 5114 Location: 125 E Tahquitz Canyon Way # 107 &108 Description: The Owner has operated Oscar's Downtown Palm Springs, this successful 15,000 sq ft Entertainment Center in Palm Springs since 2013 and is looking for a Restaurant operator to take over the busy Food and Beverage operations. 2024 saw $1.4 million in annual sales mainly Thursday – Sunday with weekend Brunch being a major feature with added Entertainment. Many high-end celebrities frequent the venue and the owner’s strengths lie in booking top class entertainment. The restaurant side of the business needs a revamp, and the owner is looking for a long-term, owner operator to sub-lease (possibly a future partner) to improve the total food concept including the menu, décor, furnishings and marketing to boost this side of the business. Great corner location on a major thoroughfare with a huge patio seating up to 150 and 100 indoors with seating in various private rooms and within the indoor courtyard. This is a great opportunity for an experienced restaurateur or a Chef/Manager first business, to excel and expand this wonderful concept. The lease has 17 years remaining and a share of the monthly rent along with the restaurant concept ideas are all negotiable. To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you full financial information, lease & a comprehensive list of equipment included with the Lease. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail. Financial Information: Monthly Revenue: $114,500 Monthly Cash Flow: Contact For Info Annual Revenue: $1,374,000 Annual Cash Flow: Contact For Info General Info: Ownership: Sole Proprietorship Established: 2013 Employees: Contact For Info Reason For Sale: Other Interests Monthly Rent: To Be Negotiated Facilities: Square Feet: 15,000 Including Club Seating: 250 Parking: Street Licenses: Contact For Info Days/Hours of Operation: Daily 5.30pm - 9.30pm Weekends all day from 9.00pm