Pat & Oscar's Bankrupt

- 10.05

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Pat & Oscar's, formerly known as "Oscar's", is a restaurant with 1 location in Temecula, California. The first location was opened in 1991.


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History

In 2000 - Sizzler bought 82% stake of the "Oscar's" chain.

In 2001 - The restaurant was renamed from "Oscar's" to "Pat & Oscar's" to avoid trademark conflicts during expansion. Public marketing suggested that the reason was to give credit to Pat who also contributed to the business.

In 2008 - The management team of Pat & Oscar's bought out the company.

In 2011, the company filed for bankruptcy. In May 2012, after most of the restaurants closed, the remaining franchisees merged under a new brand, "O's American Kitchen" with 10 locations.

In 2011, the original family reopened the Temecula, CA location. The restaurant is still operating under the name of Pat & Oscar's, but is a owned by a completely separate company than the previous corporation of Pat & Oscar's.


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Community involvement

Pat & Oscar's valued community involvement since its inception. In 2008, they raised an estimated $15,000 for the Make-a-Wish Foundation.

Source of the article : Wikipedia



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