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RCI Hospitality Holdings (FRA:RIK) Company Operated Sales (USD Mil) : 0.00 (As of . 20)


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What is RCI Hospitality Holdings Company Operated Sales (USD Mil)?

Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.

In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.

The historical rank and industry rank for RCI Hospitality Holdings's Company Operated Sales (USD Mil) or its related term are showing as below:

FRA:RIK's Company Operated Sales (USD Mil) is not ranked *
in the Restaurants industry.
Industry Median:
* Ranked among companies with meaningful Company Operated Sales (USD Mil) only.

RCI Hospitality Holdings Company Operated Sales (USD Mil) Historical Data

The historical data trend for RCI Hospitality Holdings's Company Operated Sales (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RCI Hospitality Holdings Company Operated Sales (USD Mil) Chart


RCI Hospitality Holdings  (FRA:RIK) Company Operated Sales (USD Mil) Explanation

Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.

In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.

One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.

RCI Hospitality Holdings Company Operated Sales (USD Mil) Related Terms

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RCI Hospitality Holdings (FRA:RIK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » RCI Hospitality Holdings Inc (FRA:RIK) » Definitions » Company Operated Sales (USD Mil)
Comparable Companies
TAST CHUY DENN PBPB BH LOCO NATH DIN PTLO THCH MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR DRI DPZ YUMC
Traded in Other Exchanges
RICK:USA RIK:Germany
Address
10737 Cutten Road, Houston, TX, USA, 77066
Website
http://www.rcihospitality.com
RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.

RCI Hospitality Holdings (FRA:RIK) Headlines

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