RCI Hospitality Holdings, Inc., formerly known as Rick's Cabaret International, is a company based in Austin, TX, that specializes in owning and operating adult nightclubs, sports-bar restaurants, and related services. Established in 1983, the company has grown significantly since its IPO in 1995, focusing on creating upscale gentlemen's clubs with beautiful entertainers and high-quality dining options.
With a mission to build a portfolio of well-managed, high cash-flowing nightclubs and sports-bar restaurants, RCI Hospitality Holdings aims to provide guests with memorable experiences to ensure repeat visits. By following a Capital Allocation Strategy, the company strives to enhance shareholder value, expand its presence, and continue to grow free cash flow per share through strategic acquisitions and operational excellence.
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