Apparently this is what you get when you charge $20 cover all night, every night:
The company that operates Harmon Theater and Krave nightclub at the Miracle Mile Shops at Planet Hollywood on Monday filed for Chapter 11 bankruptcy.
Attorney Robert Atkinson said his client intends to continue operations at the theater and gay nightclub, as allowed under Chapter 11. The operations were affected by the temporary closing of Harmon Avenue during CityCenter construction.
Owner Sia Amiri signed the bankruptcy filing for Krave Entertainment, which does business as Harmon Theater. The theater Web site offers tickets for the Amazing Jonathan and the Naughty Boys Hypnosis Show.
The filing shows that Krave has $153,000 in assets and $3.5 million in liabilities, including $602,000 owed to the Internal Revenue Service for payroll taxes. The Nevada Department of Taxation is owed $299,000 for sales taxes and $174,000 for entertainment taxes.
I tried going to Krave once… after watching several rather unattractive people go in, pay the outrageous cover and then walk right back out we decided it’d be cheaper and more fun to just drink in our hotel. Seems we weren’t the only ones.
