LA strip club boss war intensifies as chilling new – Business News
The battle over one of Los Angeles’ hottest strip golf equipment is intensifying, as allegations of medicine, racism and death threats have emerged within the newest lawsuit pinning two industry bosses towards one another.
Last week, The California Post reported on a lawsuit that learn like an episode of HBO’s “Euphoria” — alleging Craig Franze, proprietor of the notorious Body Shop strip club on the iconic Sunset Boulevard, engaged in a “fraudulent bait-and-switch” scheme to grab control of two rival golf equipment — 4Play and Plan B — from his former “best friend” Mike Galam.
Craig Franze, proprietor of LA strip club referred to as The Body Shop, is suing his former pal and business associate Mike Galam. Facebook
At the middle of the dispute between the 2 strip club bosses is the possession of Plan B. Google Maps
Now, Franze is pushing back, submitting a counter go well with on Tuesday that alleges a shady business historical past with Galam, and claims he agreed to buy solely 30% equity curiosity in each golf equipment in exchange for a capital investment of $2.5 million.
Throughout the duo’s business adventures, which started back in early 2014 and got here to a screeching halt in 2025, Galam embezzled club funds, abused medicine, skirted liquor legal guidelines, and made death threats towards Franze, in accordance with the lawsuit.
Galam alleges Franze took half in a “bait-and-switch” scheme to take full possession of two gents’s golf equipment Linkedin
The lawsuit claims the previous buddies first went into business collectively round early 2014, when Galam bought 4 nightclubs for Franze to co-own and handle in Florida, however the pair rapidly had a falling out.
They rekindled their relationship during COVID, when Galam requested Franze to help handle the Bare Elegance strip club in Los Angeles, however again, Franze walked away when Galam failed to fulfill his financial obligations, in accordance with the lawsuit.
But Galam, who filed a lawsuit towards his former business associate final week, claimed Franze was “systematically embezzling” funds whereas he was the supervisor at Bare Elegance estimated to be over $1 million to finance his lavish life-style.
However, the 2 buddies seemingly hashed out their variations in 2023.
Franze, who deliberate on buying the Body Shop, accepted a $1.2 million investment from Galam to help solidify the deal “as a show of good faith” and to repay the debt he was owed, the lawsuit said.
Franze claims in his lawsuit that Galam was a heavy drug person who failed to fulfill his financial obligations. Facebook
Franze is the proprietor of the notorious strip club Body Shop, positioned on Sunset Boulevard. Google Maps
Later the pair reached one other settlement that might guarantee Franze and his business associate Archie Donovan a weekly wage of $2,500 as long as Bare Elegance was in operation in exchange for Galam to have the rights to invest in 4Play and Plan B, in accordance with the lawsuit.
The settlement to switch minority possession of the 2 golf equipment finally failed, when Galam allegedly couldn’t come up with the promised $2.5 million investment to Franze and Donovan.
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The lawsuit later acknowledged Galam did ship the complete quantity, however by no means fulfilled the obligations of the $2,500 weekly wage inflicting the pair to tug out of the deal, the lawsuit states.
“In light of this conduct, it became clear that Galam was on an uncontrolled and increasingly destructive path,” in accordance with the lawsuit. “Plaintiffs had no choice but to try and separate from him.”
Galam filed a lawsuit final week searching for full possession of 4Play and Plan B from Franze. Linkedin
The lawsuit goes on to element allegations of sexual abuse, heavy drug use and racism.
“His conduct included racial harassment of employees, the sale of drugs within the venues, sexually abusing employees, efforts to interfere with Plaintiffs’ employment relationships, and attempts to obtain confidential business information through improper means,” the lawsuit states.
Franze additionally alleges Galam has made a number of threats towards his life, forcing his household to relocate to a gated neighborhood and rent personal security.
“Every occasion on which Franze has encountered Galam in a public setting, Galam has been carrying the bag in which the firearm is concealed,” the lawsuit states. “In the context of Galam’s ongoing campaign of threats and escalating conduct against Franze, this practice constituted a direct and credible threat that substantially and reasonably amplified Franze’s fear for his life and the lives of his family members.”
Franze alleges Galam was solely promised 30% possession stake within the two golf equipment. Facebook
Galam stated the allegations “show their extreme desperation,” telling The Post, “I had a chuckle once I learn it, to be sincere.
“He’s always responded to his problems by ignoring, fabricating ,distracting and deflecting, gaslighting, blaming other others,” he stated in a assertion to The Post. “That’s what I saw in his counter-complaint — trying to get everyone to ‘look at this, not that.’”
Galam claims he has “mountains of evidence” towards Franze that validate his case, telling The Post that “soon the truth will come out in court.”
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