RCI Hospitality Holdings, Inc., through its subsidiaries, owns and operates establishments that offer live adult entertainment, restaurant, and/or bar operations. These establishments are located in Houston, Austin, San Antonio, Dallas, Fort Worth, Tomball, Katy, Pearland, Dickinson, Odessa, Lubbock, Longview, Tye, Round Rock, Edinburg, El Paso, Harlingen, Arlington, Beaumont, and Stafford, Texas, as well as Denver, Colorado; Minneapolis, Minnesota; Pittsburgh, Pennsylvania; Charlotte and Raleig...
RCI Hospitality Holdings, Inc., through its subsidiaries, owns and operates establishments that offer live adult entertainment, restaurant, and/or bar operations. These establishments are located in Houston, Austin, San Antonio, Dallas, Fort Worth, Tomball, Katy, Pearland, Dickinson, Odessa, Lubbock, Longview, Tye, Round Rock, Edinburg, El Paso, Harlingen, Arlington, Beaumont, and Stafford, Texas, as well as Denver, Colorado; Minneapolis, Minnesota; Pittsburgh, Pennsylvania; Charlotte and Raleigh, North Carolina; New York and Newburgh, New York; Miami, Pembroke Park and Miami Gardens, Florida; Phoenix, Arizona; Sulphur, Louisiana; Portland, Maine; Louisville, Kentucky; Indianapolis, Indiana; and Chicago, Washington Park, Sauget, and Kappa, Illinois.
The company also owns and operates media businesses for the adult industry. The company’s subsidiaries operate establishments in 13 states. The company also operates a leading business communications company serving the multibillion-dollar adult nightclubs industry.
Segments
The company operates through two segments, Nightclubs and Bombshells.
Nightclubs
Nightclubs subsidiaries operate the company’s adult entertainment nightclubs through several brands that target many different demographics of customers by providing a unique, quality entertainment environment. The company’s clubs do business as Rick’s Cabaret, Jaguars Club, Tootsie’s Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett’s Cabaret, Diamond Cabaret, Cheetah Gentlemen's Club, PT's Showclub, Playmates Club, Country Rock Cabaret, Temptations Adult Cabaret, Foxy’s Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, Heartbreakers Gentlemen's Club, Kappa Men’s Club, Baby Dolls, and Chicas Locas. The company also operates one dance club under the brand name Studio 80.
The company generates revenue from its nightclubs through the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, licensing fees, and room rentals; and through other related means, such as ATM commissions and vending income, among others.
During fiscal 2024 (year ended September 30, 2024), the company’s Nightclub segment sales mix was 40.3% service revenue; 43.3% alcoholic beverages; and 16.4% food, merchandise, and other.
Bombshells
Bombshells segment operates a restaurant and bar concept that sets itself apart with décor that pays homage to all branches of the U.S. military. Locations feature local DJs, large outdoor patios, and more than 75 state-of-the-art flat screen TVs for watching your favorite sports. All food and drink menu items have military names. Bombshell Girls, with their military-inspired uniforms, are a key attraction. During fiscal 2024, the company opened one Bombshells location in Stafford, Texas and sold one location in San Antonio, Texas.
During fiscal 2024, Bombshells sales mix was 54.3% alcoholic beverages and 45.7% food, merchandise, and other. Segment gross margin (revenues less cost of goods sold, divided by revenues) was approximately 75.9%.
Other
Other is made up of several wholly-owned subsidiaries composed primarily of the company’s Media Group and Drink Robust. The company’s Media Group is the leading business communications company serving the multibillion-dollar adult nightclubs industry and the adult retail products industry. It owns a national industry convention and trade show; two national industry trade publications; two national industry award shows; and more than a dozen industry and social media websites. Included in the Media Group is ED Publications, publishers of the bimonthly ED Club Bulletin, the only national business magazine serving the 2,200-plus adult nightclubs in North America. ED Publications also publishes the Annual VIP Guide of adult nightclubs, touring entertainers and industry vendors; and produces the Annual Gentlemen’s Club Owners EXPO, a national convention and trade show. The Media Group produces two nationally recognized industry award shows for the readers of both ED Club Bulletin and StorErotica magazines, and maintains a number of B-to-B and consumer websites for both industries. Drink Robust is licensed to sell Robust Energy Drink in the United States.
Strategy
The company strives to achieve that by providing an attractive entertainment, dining experience, and top-notch service; by attracting and retaining quality personnel; and by focusing on unit-level operating performance.
Governmental Regulations
The company presently holds a Mixed Beverage Permit and a Late Hour Permit at numerous Texas locations.
Trademarks
The company’s rights to the trade names ‘RCI Hospitality Holdings, Inc.,’ ‘Rick’s,’ ‘Rick’s Cabaret,’ ‘Tootsie’s Cabaret,’ ‘Club Onyx,’ ‘XTC Cabaret,’ ‘Temptations,’ ‘Jaguars,’ ‘Downtown Cabaret,’ ‘Cabaret East,’ ‘Bombshells Restaurant and Bar,’ ‘Vee Lounge,’ ‘Mile High Men’s Club,’ ‘Country Rock Cabaret,’ ‘PT’s,’ and ‘Diamond Cabaret’ are established under common law, based upon its substantial and continuous use of these trade names in interstate commerce, some of which have been in use at least as early as 1987. The company has registered its service mark, ‘RICK’S AND STARS DESIGN,’ and the ‘BOMBSHELLS RESTAURANT & BAR’ logo design with the United States Patent and Trademark Office. The company has also obtained service mark registrations from the Patent and Trademark Office for ‘RICK’S AND STARS DESIGN’ logo, ‘RCI HOSPITALITY HOLDINGS, INC.,’ ‘RICK’S,’ ‘RICK’S CABARET,’ ‘CLUB ONYX,’ ‘XTC CABARET,’ ‘SCARLETT’S CABARET,’ ‘SILVER CITY CABARET,’ ‘BOMBSHELLS RESTAURANT AND BAR,’ ‘THE SEVILLE CLUB,’ ‘DOWN IN TEXAS SALOON,’ ‘HOOPS CABARET,’ ‘VEE LOUNGE,’ ‘STUDIO 80,’ ‘FOXY’S CABARET,’ ‘EXOTIC DANCER,’ ‘TOYS FOR TATAS,’ ‘LA BOHEME GENTLEMAN'S CLUB,’ ‘MILE HIGH MEN’S CLUB,’ ‘MHMC logo,’ ‘AFTER DARK,’ ‘COUNTRY ROCK CABARET,’ ‘PT’S,’ ‘DIAMOND CABARET,’ ‘CABARET ROYALE,’ ‘BABY DOLLS SALOON,’ ‘BABY DOLLS TOPLESS SALOON,’ ‘BABY DOLLS,’ ‘JAGUARS,’ and ‘BOMBSHELLS OFFICER’S CLUB’ are registered through service mark registrations issued by the United States Patent and Trademark Office. As of September 30, 2024, the company had pending registration applications for the names ‘TOOTSIES CABARET,’ ‘RICK'S REWARDS,’ ‘VENICE CABARET,’ ‘CHERRY CREEK FOOD HALL AND BREWERY,’ and ‘THE MANSION.’ The company also owns the rights to numerous trade names associated with its media division.
History
The company was founded in 1983. It was incorporated in the state of Texas in 1994. The company was formerly known as Rick's Cabaret International, Inc. and changed its name to RCI Hospitality Holdings, Inc. in 2014.