Rick's Cabaret International, Inc. Tuesday said it agreed to buy The Gold Club, an adult nightclub in the Indiana capital, eying at the Indianapolis entertainment market. The total cost of acquisition is estimated to be $1.68 million.
The Gold Club has long been a fixture in the Indianapolis entertainment scene, the company said in a statement.
The company that operates 21 clubs said that the acquisition gives it an additional club in the Midwest. Rick's Cabaret currently expects to close the transaction on or before December 31.
