David Arquette is buying a strip club

However, the current owners are said to be looking for $100,000 more, so the purchase is not yet near completion.

According to TMZ, David - who also owns Hollywood clubs Hooray Henry's and Bootsy Bellows - plans to turn Crazy Girls into an "upscale burlesque club with an old school Hollywood feel.

The 'Scream' actor - who has 10-year-old daughter Coco with ex-wife Courteney Cox and three-month-old son Charlie with fiancee Christina McLarty - previously revealed Bootsy Bellows was named in honour of his late mother Brenda, a former burlesque star who used the name as her alias.

Joking about finding a racy lingerie picture of his glamour model mother when he was younger, he explained: "I'm like, 'But you're naked!' She was like, 'The human body is beautiful.' So we opened this club, called Bootsy Bellows, and its singing and dancing and puppets. Because I'm a weirdo and I love puppets."

And the club is decorated with pictures of Brenda during her burlesque days.

He said: "People are like, 'Dude, your mum is naked all over your club.' It was the '60s and New York. Later she went on to become a marriage and family counsellor. This is a way of honouring her youth."