Rick's Cabaret International, Inc. reports strong grand opening for new Bombshells in Webster, TX

HOUSTON – January 30, 2014 – Rick’s Cabaret International, Inc. (NasdaqGM: RICK) reported a strong grand opening yesterday for its newest military-themed Bombshells restaurant and sports bar in the Houston suburb of Webster, TX. The opening kicked off festivities leading up to, through and after the pro football championship on Sunday, February 2, 2014.

The highly visible, 8,096 square foot restaurant/bar along with a 2,968 square foot patio, is located southeast of Houston, [in Challenger Plaza,] 803 East NASA Road 1, Webster, TX, 77598, a short distance from the Johnson Space Center. Bombshells is open 11 AM to 2 AM every day, for lunch during the day, family dining late day/early evening, happy hour, and singles and couples at night.

“We’re pleased to report our second Bombshells is off to a strong start,” said Eric Langan, President and CEO of Rick’s Cabaret International. “Sales yesterday easily met our high expectations.”

Mr. Langan attributed results to how Bombshells combines multiple entertaining restaurant concepts in one fun location. “There’s great food for lunch, families and getting together with friends and dates; big flat screen TVs to create one of the best new sports bars around; popular local talent providing live music; an outdoor patio; and attractive waitresses who want you to have a good time.”

The first Bombshells in Dallas had a soft opening late February and a grand opening mid-March last year. Three others are being developed in Austin, Beaumont, and in South Houston at 12810 Gulf Freeway. Rick’s objective is to have a total of 10 sports bar/restaurants open or in development by year end calendar 2014, with a cluster in Texas and others possibly outside the state in select cities with tourist and convention traffic.

About Rick’s Cabaret

With 43 units, Rick’s Cabaret International, Inc. (NasdaqGM: RICK) is the leading hospitality company operating adult gentlemen’s clubs and sports bar/restaurants in the US. Adult clubs in New York City, Los Angeles, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth, Houston, Minneapolis, Indianapolis and other cities operate under brand names such as “Rick's Cabaret,” “XTC,” “Club Onyx,” “Vivid Cabaret,” “Jaguars” and “Tootsie’s Cabaret.” Sports bar/restaurants, which also feature live entertainment, operate under the brand names “Bombshells” and “Ricky Bobby Sports Saloon.”

For More Information

·         Web: http://www.ricksinvestor.com

·         Twitter: https://twitter.com/rickscabaretinc

·         Facebook: https://www.facebook.com/rickscabaretintl

·         Bombshells Dallas: http://www.bombshellsdallas.com

·         Bombshells Webster: http://bombshellswebster.com

 

 

Forward-looking Statements

This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company’s actual results to differ materially from those indicated in this press release, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company’s businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com