The Comedy Store was opened in April 1972 by comedians Sammy Shore and Rudy DeLuca. The building was formerly the home of Ciro's, a popular Hollywood nightclub owned by William Wilkerson, and later a rock and roll venue, where The Byrds were discovered in 1964.
When the venue reopened as The Comedy Store in 1972, it included a 99-seat theatre, where Johnny Carson was one of the first comics to perform As a result of a divorce settlement, Sammy Shore's ex-wife Mitzi Shore began operating the club in 1973, and she was able to buy the building in 1976. She immediately renovated and expanded the club to include a 450-seat main room.