Business Description

The Hollywood Comedy, an iconic open-mic comedy club is for sale!! Located in the heart of Los Angeles on Melrose Ave, the club has been named one of the best places to see stand-up comedy in LA by the Los Angeles Times, and has hosted major entertainment and sports figures including LeBron James, Andre 3000, Lil Dicky, and Damon Wayans.

Founded by comedian Jiaoying Summers, an Asian Hall of Fame inductee and Variety ‘10 Comics to Watch’ honoree, The Hollywood Comedy has spent years building a loyal following within the LA comedy community. As the founder's touring and entertainment career has grown, she is seeking the right buyer to carry the club's legacy forward and unlock its next phase of growth.

More than 100 comedians, audience members, and visitors move through the venue every day, seven days a week. The business runs on a lean, low-overhead model, generating recurring revenue through nightly open mic programming, independently produced ticketed comedy shows, and concession sales.

What's Included in the Sale
• Established brand name and reputation within the LA comedy community
• Leasehold improvements and full buildout - the space was originally a retail clothing store and has since been fully transformed into an operational comedy club
• 10,000+ contact email database, actively used for daily marketing
• Active social media presence and existing marketing systems
• Turnkey, semi-absentee management structure - a club manager runs day-to-day operations
• Industry relationships with comedians, producers, and entertainment contacts
• Years of goodwill and audience loyalty within the LA comedy community

Growth Opportunities
• Expand ticketed programming and special showcases
• Add coffee, food, and beer/wine service where permitted
• Grow private event, filming, and podcast/content production rentals
• Pursue corporate and entertainment-industry bookings
• Introduce sponsorships and branded comedy events
• Replicate the concept as a franchise in other major U.S. cities

This is a rare opportunity to acquire a legacy brand with a loyal and passionate creative community. For years, The Hollywood Comedy has been a home for aspiring comedians, established performers, and audiences from around the world. We are seeking a passionate and capable owner who will honor the club's legacy while leading it into its next chapter and unlocking its full potential.

Please send an inquiry through the listing page for an NDA. Additional info available upon mutual execution.