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Slide #6. Rick's Cabaret International — Club O
Rick's Cabaret International (NASDAQ:RICK)
Rick's Cabaret International, Inc. (NasdaqGM: RICK) announced today that it has signed a definitive agreement to purchase Club O, located in a suburb of Chicago. Rick's plans to expand and convert it to the Company's highly successful Tootsie's Cabaret mega gentlemen's club format.
RCI Hospitality Holdings is a holding company. Through its subsidiaries, Co. operated establishments that provided live adult entertainment, and/or restaurant and bar operations. Co. also operates a business communications company serving adult nightclubs industry. Co.'s operating segments include: Nightclubs, which operates upscale adult nightclubs serving primarily businessmen and personnels; Bombshells Restaurants and Bars, which operates non-adult nightclubs, restaurants, and sports bars; and Media Group, which owns a media division, including the trade magazine serving the adult nightclubs industry and the adult retail products industry.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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