The Eagle

Regulation Crowdfunding offering on Wefunder

$1.52M

of $5M goal

30.4% funded

About the offering

The Eagle: Rebuilding a Legacy for Palm Springs' Leather Community THE OPPORTUNITY: Palm Springs is home to a vibrant, dedicated LGBTQ+ community, and for over 30 years, one location was at its heart. It was a legendary gay bar, a community hub, and a destination. Unfortunately, the bar was shuttered in August 2024. In its wake, a palpable void was left in our community. It was our home bar and place where we met so many great men from the Coachella Valley and beyond. We missed it so much, we decided to bring it back. We’re not just renovating this space; we’re giving it a new life. We are tearing it down to its four walls and building a modern, safe, and dynamic new home for the leather and kink community. We're calling it Eagle Cathedral City and it will pay homage to the other 30+ Eagle leather bars in the world. THE VISION: We envision more than just a bar and nightclub. We’re creating an elevated experience that honors the past while building for the future. We will be the premier destination for major community events in Palm Springs, offering an atmosphere unlike any other. Jeremy and Phillip Nalwalker, Founders and Owners WHAT WE"RE BUILDING: A World-Class Venue: We’re investing in top-of-the-line lighting and sound systems to create a truly immersive environment. The space will be fully brought up to code, ensuring a safe and compliant venue for everyone. A large part of this effort is focused on bringing a dedicated connection from the water main in the street to the building for the new fire suppression sprinkler system and integrated fire alarm. A Thoughtful, Inclusive Space: We’re expanding the patio to create more outdoor seating and social areas. We're also addressing a major need with two large bathrooms that include 14 stalls and 6 urinals. To better serve our patrons, we’re replacing the traditional coat check with a dedicated locker area with benches, offering a convenient and secure way for people to store their belongings. Unique Community-Focused Events: We’re bringing a new energy to the scene with fresh, exciting events like strip poker and gogo wrestling nights. A Nod to Our Roots: The iconic Rough Trade Gear store will be back, and they're already collaborating with us on our branded merchandise. And of course, we will be bringing back the famous Sunday beer bust, but we will be making it even bigger and better. Our vision includes expanding the patio toward the street by roughly 800 square feet. The space will be reworked from top to bottom. The uneven and unsafe mixture of ground surfaces will be replaced with new concrete. The perimeter fence will be torn down and a new black corrugated steel privacy wall will take its place. The pergola will be replaced with a modern structure. New palm trees and shade sails will complete the space. Plans include misters for those hot desert days and nights plus heating elements for the cooler winter evenings. Celebrating Our Community: We will have a large mural that changes with the seasons and major holidays, celebrating the diverse hot men who are part of our community—from hot cowboys during Gay Rodeo to muscled Marines on Veteran’s Day. Giving Back: We are committed to being a force for good. We already sponsor a local hockey team and softball team, and we plan to support important organizations like the Palm Springs Leather Order of the Desert. We also envision raising funds for local organizations that are vital to our community. The Business Model: Our financial model is straightforward: we plan to become the destination for Palm Springs' LGBTQ+ community and visitors. By hosting major events and providing a superior experience, we aim to be the number-one choice. We plan to drive revenue through cover charges, drink sales, and event hosting.

FAQ

How much has The Eagle raised?

The Eagle has raised $1.52M of a $5M goal.

Where is The Eagle's campaign live?

The offering is live on Wefunder, an SEC-registered Reg CF intermediary.

What are the terms of The Eagle's raise?

Revenue Share, $562,363 cap.

When does The Eagle's offering close?

The stated close date is Apr 30, 2027.