I live 6 blocks from Burbank, and if there were any yachts in town, they would have come floating down my street during flood events! (The original Water Park Atlantic City wishes to create.)

Never heard of Yacht Club, and wonder, if it was near NBC Studios, if the chips might have been studio props or another form of advertising for Dimples Restaurant or the studio. Dimples is still there, claiming to be the First Kakaroke Club in America:

3413 W Olive Ave Burbank, CA 91505 - (818) 842-2336 - dimpleskaraoke@gmail.com