RCI HOSPITALITY HOLDINGS, INC. 10-K

Item 2. Properties . As of September 30, 2021, we own 51 real estate properties. On 37 of these properties, we operate clubs or restaurants, including those temporarily closed. We lease multiple other properties to third-party tenants. Four of our owned properties are in locations where we previously operated clubs, but now lease the buildings to third parties. Ten are non-income-producing properties for corporate use (including our corporate office) or future club or restaurant locations, or may be offered for sale in the future. Eleven of our clubs and restaurants are in leased locations. Our principal corporate office is located at 10737 Cutten Road, Houston, Texas 77066, consisting of a 21,000-square foot corporate office and an 18,000-square foot warehouse facility. In March 2021, we acquired approximately 57,000-square foot of land across the street from our corporate office. We plan to build a warehouse on that land in the coming months. See Note 15 to our consolidated financial statements. 19 Below is a list of locations we operated as of September 30, 2021: Name of Establishment Fiscal Year Acquired/Opened Club Onyx, Houston, TX 1995 Rick’s Cabaret, Minneapolis, MN 1998 XTC Cabaret, Austin, TX 1998 XTC Cabaret, San Antonio, TX 1998 (2) Rick’s Cabaret, New York City, NY 2005 Club Onyx, Charlotte, NC 2005 (1) Rick’s Cabaret, San Antonio, TX 2006 XTC Cabaret, South Houston 2006 (1) Rick’s Cabaret, Fort Worth, TX 2007 Tootsie’s Cabaret, Miami Gardens, FL 2008 XTC Cabaret, Dallas, TX 2008 Rick’s Cabaret, Round Rock, TX 2009 Cabaret East, Fort Worth, TX 2010 Rick’s Cabaret DFW, Fort Worth, TX 2011 Downtown Cabaret, Minneapolis, MN 2011 Temptations, Aledo, TX 2011 (1) Silver City Cabaret, Dallas, TX 2012 Jaguars Club, Odessa, TX 2012 Jaguars Club, Phoenix, AZ 2012 Jaguars Club, Lubbock, TX 2012 Jaguars Club, Longview, TX 2012 Jaguars Club, Tye, TX 2012 Jaguars Club, Edinburg, TX 2012 Jaguars Club, El Paso, TX 2012 Jaguars Club, Harlingen, TX 2012 Studio 80, Fort Worth, TX 2013 (1) Bombshells, Dallas, TX 2013 Temptations, Sulphur, LA 2013 (2) Temptations, Beaumont, TX 2013 Vivid Cabaret, New York, NY 2014 (1) Bombshells, Austin, TX 2014 (1) Rick’s Cabaret, Odessa, TX 2014 Bombshells, Spring, TX 2014 (1) Bombshells Fuqua, Houston, TX 2014 (1) Foxy’s Cabaret, Austin TX 2015 The Seville, Minneapolis, MN 2015 Hoops Cabaret and Sports Bar, New York, NY 2016 (1) Bombshells, Highway 290 Houston, TX 2017 (1) Scarlett’s Cabaret, Washington Park, IL 2017 Scarlett’s Cabaret, Miami, FL 2017 (1) Bombshells, Pearland, TX 2018 Kappa Men’s Club, Kappa, IL 2018 Rick’s Cabaret, Chicago, IL 2019 Rick’s Cabaret, Pittsburgh, PA 2019 Bombshells I-10, Houston, TX 2019 Bombshells 249, Houston, TX 2019 Bombshells, Katy, TX 2020 Bombshells 59, Houston, TX 2020 (1) Leased location. (2) Currently closed. Our property leases are typically for a fixed rental rate without revenue percentage rentals. The lease terms generally have initial terms of 10 to 20 years with renewal terms of 5 to 20 years. At September 30, 2021, certain of our owned properties were collateral for mortgage debt amounting to approximately $102.3 million. See related information in Notes 6, 9 and 19 to our consolidated financial statements. Item 3. Legal Proceedings. See the “ Legal Matters ” section within Note 11 to our consolidated financial statements within this Annual Report on Form 10-K for the requirements of this Item, which section is incorporated herein by reference. Item 4. Mine Safety Disclosures. Not applicable. 20 PART II