Hustler retail stores
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Hustler Hollywood Stores Jobs, Employment | danielacavazosmadrigal.com
A sex store which occupies one of Birmingham's prime city centre shopping sites suffered 1. The Hustler store in the High Street also owes the city council , in business rates. The local authority is taking recovery action and the account is now with bailiffs. The extent of losses suffered by the flagship store, which closed last November, were revealed by millionaire businessman Andrew Joseph, who told The Birmingham Post that he had spent more than 8 million after gaining the UK licence from Hustler founder Larry Flynt in June Since its retail launch in Birmingham 15 months ago, Hustler Hollywood UK, which also owns an in-profit store in London, has run up about , of unpaid debt. Mr Joseph, who is part owner of the company along with his mother, said the 8 million cost of the venture included money spent on the UK licence, PR, marketing developments and 2 million fitting out the 6, sq ft Birmingham store. It began trading in October but struggled after the first two months of trading, building up accumulated losses of 1.
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Hustler is seeking to keep the city from enforcing its code, as well as receive monetary damages. According to court documents, Hustler began considering opening a retail store back in September at the old Silver Dollar Hofbrau location on Shaw Avenue and Highway The store executed a lease in December for the 5, square-foot space. Hustler submitted a zoning inquiry in November to see whether it would be allowed under the current zoning, according to court docuement.
Its former site, just down the block, will be developed into a Gwyneth Paltrow-backed Arts Club. Sunset Boulevard, WeHoville reported. The building is registered to a trust that is owned by Saeed and Shahla Hakakzadeh.