#Ricks cafe international houston tx professional#
Trading on margin increases the financial risks.īefore deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.įusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Other segment owns a media division (Media Group), including the trade magazine serving the adult nightclubs industry and the adult retail products industry. The Bombshells segment owns and operates restaurants and sports bars in Houston, Dallas, Austin, Spring, Pearland, Tomball and Katy, Texas under the brand name Bombshells Restaurant & Bar. This segment also operates one dance club under the brand name Studio 80. The Nightclubs segment operates adult entertainment nightclubs through several brands, such as Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East and Silver City Cabaret, among others. The Company's segments include Nightclubs, Bombshells and Other. The Company, through its subsidiaries, is engaged in various activities in the hospitality and other businesses.
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The company has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.RCI Hospitality Holdings, Inc. For more detailed discussion of such factors and certain risks and uncertainties, see RCI's annual report on Form 10-K for the year ended September 30, 2021, as well as its other filings with the U.S. This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated, including, but not limited to, the risks and uncertainties associated with (i) operating and managing an adult business, (ii) the business climates in cities where it operates, (iii) the success or lack thereof in launching and building the company's businesses, (iv) cyber security, (v) conditions relevant to real estate transactions, (vi) the impact of the COVID-19 pandemic, and (vii) numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Sports bars/restaurants operate under the brand name Bombshells Restaurant & Bar. Louis, Charlotte, Pittsburgh, Raleigh, Louisville, and other markets operate under brand names such as Rick's Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie's Cabaret, and Scarlett's Cabaret.
Clubs in New York City, Chicago, Dallas-Fort Worth, Houston, Miami, Minneapolis, Denver, St. (Nasdaq: RICK) With more than 50 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. There are four other PT's clubs, two in Denver and one each in Indianapolis and Louisville.Ībout RCI Hospitality Holdings, Inc. RCI subsidiaries acquired the PT's brand when it purchased a group of 11 clubs in 6 states in October 2021. Price paid was $1.8 million in cash and seller financing for the club's assets, including all necessary licenses, and for the 5,180 square foot building and one acre property located at 3306 NW Loop 338 in Odessa." We believe it will both complement and appeal to markets different from our other brands in the area-Rick's Cabaret Odessa and Jaguar's Club Odessa."Įric Langan, RCI President & CEO, said: "The new club will be the 14th location acquired this fiscal year and the 51st club in our portfolio, and should begin contributing to results by the end of September. It will offer quality adult entertainment with liquor service. Dean Reardon, Vice President of Operations of RCI Management, said: "The new club will be branded as a PT's Showclub.
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