Seattle's Crocodile club seeks buyer as financial pressures mount
Longtime Belltown music club The Crocodile has put its brand and venue operations up for sale. The move comes after the storied venue faced persistent financial headwinds.
Conversations surrounding the future of the business have been underway for "many months," the club told the Business Journal.
In December, The Crocodile shuttered its sister venue, Madame Lou's, and comedy club Here-After. The venues were part of The Crocodile's 2021 expansion, when it moved from Second Avenue and Blanchard Street to a larger space at 2505 First Ave., several blocks away.
The sale is being handled by court-appointed attorney Dominique Scalia of DBS Law through a receivership process, in which a neutral party manages the business's assets while averting bankruptcy. The Crocodile has amassed $1.6 million in debt, primarily owed to ticketing platform TicketWeb, according to court documents.
https://www.bizjournals.com/seattle/news/2026/01/26/crocodile-venue-music-concert-sale-debt-belltown.html