RCI Announces Acquisition of Denver Area Food Hall with Bar, Brewery & Videogame Arcade

HOUSTON, Dec. 21, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. announced the acquisition of a food hall with a full service bar, brewery, and videogame arcade, as well as the associated real...…

RCI Announces Acquisition of Denver Area Food Hall with Bar, Brewery & Videogame Arcade

The consideration paid was $5.2million, which included $1.875 million cash and a 5-year, 6.7% bank financing note with a 25 year amortization. RCI Hospitality Holdings, Inc., with its subsidiaries, has more than 60 locations and is the nation's largest company for adult nightclubs/sport bars/restaurants. Forward-looking statements in this press release could contain risks and uncertainties. These risks and uncertainties could cause actual results to differ from the ones indicated. RCI's annual Form 10-K report for the year ending September 30, 2022 and other filings with U.S. Securities and Exchange Commission provide more information on these factors and the risks and uncertainties. SOURCE RCI Hospitality Holdings, Inc.