RCI Hospitality Holdings, Inc. announced today that it closed the sale of a small club business in Harlingen, Texas for $600,000 in cash and a $180,000 annual lease beginning January 1, 2026.
The transaction reduces RCI’s real‑estate holdings and provides immediate cash, improving liquidity and enabling further capital allocation to its core nightclub business and share‑buyback program. The lease also delivers a predictable revenue stream that supports the company’s cash‑flow goals.
The sale aligns with RCI’s “Back to Basics” strategy to divest non‑core assets and focus on high‑margin nightclub operations, potentially enhancing free cash flow and shareholder returns. The event is a material development for investors and reflects the company’s ongoing execution of its capital‑allocation plan.
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