The Lusty Lady garnered national attention in 2003 when the performers bought the business and operated it as a co-op, but a rent dispute with the landlord and competition from internet peep shows doomed the strip club.
"We were the only place you could go and see what we do and now, people can just stay home and see that," Lusty Lady spokesperson Princess told ABC7 News.
The Lusty Lady is the only unionized strip club in the country.
The performers plan a big send-off for the Lusty Lady ? one that may include a colorful funeral procession down Broadway and Kearny Streets.