David Arquette: Building Beacher's Madhouse!

David Arquette is keeping busy from his split with Courteney Cox with a new business venture.

The 39-year-old actor has teamed up with comedian Jeff Beacher for David Arquette Presents: Beacher’s Madhouse inside Hollywood’s Roosevelt Hotel – the site of the first Academy Awards!

Check out the Cinegrill sign outside the famed hotel that was recently changed for the project’s fall 2010 opening.

Nightly shows will feature a variety of acts, including burlesque dancers, Go-Go girls, live animals, acrobats, contortionists and more!

“Beacher’s Madhouse will be the hottest, sexiest, most entertaining show, that feels like the greatest party anyone in Los Angeles has ever been to,” says Jeff.