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Palm Springs restaurant sells, but change isn't on the menu

Billy Reed's keeps on serving loyal customers as brand and recipes get new owners
The deal for the Palm Springs watering hole covered the real estate, the liquor licenses, the equipment and the restaurant business. (CoStar)
The deal for the Palm Springs watering hole covered the real estate, the liquor licenses, the equipment and the restaurant business. (CoStar)
By Alexander Maxon with
CoStar Research
August 28, 2026 | 6:16 P.M.

A longtime landmark restaurant in Palm Springs, California, has changed hands — lock, stock and pie recipes.

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