RICK - RCI Hospitality Holdings (RICK) - Sweet Home Alabama

Adding more Restaurants. RCI Hospitality announced the signing of a franchise agreement for Bombshells Restaurant & Bar that brings three franchise locations of the restaurant to the state of Alabama. The franchisee of the locations will be a newly established entity by Jerry Westland, a hospitality entrepreneur who owns nightclubs, bars, and restaurants. These locations will be opening over the next five years, with the first one being placed in Huntsville.Continuing to Grow Bombshells. This announcement is a testament to RCI's strategy of expanding Bombshells into various states as well as expanding on the franchising model for the restaurant. Recall, management's goal is to have 80-100 locations over the next five years, and the Company is actively looking at different areas of Texas and Florida in which to expand the brand. Read More >>