Rick's Cabaret International, Inc. to Purchase the Gold Club in Indianapolis for $1.675M

Rick's Cabaret International, Inc. RICK has signed a definitive agreement to purchase The Gold Club, an adult nightclub in the Indiana capital. Total cost of the acquisition, including the real estate, will be $1,675,000. Assuming transfer of all necessary permits, licenses and other authorizations and other items subject to due diligence, the transaction is expected to close on or before December 31, 2010.