Wed, Nov 26, 2014, 6:24 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

RCI Hospitality Holdings, Inc. Message Board

  • rickarooski rickarooski Jul 24, 2013 9:11 AM Flag

    I don't understand the lap-dance business model. Please help.

    I'm not a dummy (self proclaimed) but I do need help with the business model/finances of a table dance. I've been to a few clubs in my life and have seen the cost of a table dance range from $10 to $40 within the main floor.

    Without exception, the clubs that offer the $10-15 table dance have the girls working throughout the night. The $40 dances have the girls sitting around waiting for a whale or a group of wanna-be's that milk the ladys' company for an hour with a single dance being her reward for time invested.

    Am I missing the boat here, that, the lower table dance price brings in MORE customers AND provides for more dances AND more drinks. And that the high end dance fee provides the opposite. I realize that in the business world that "margins" are important. But are the margins expected at the $40 level too high? I'm thinking that VOLUME is more important than single dance margins. $40 x 7 is less than $15 x 30 by far Although the girls may boast of the $40 price, I'd be happier taking home more dollars.

    Anyone care to help out here? I'm thinking that lower dance prices is a win-win all around.

10.12+0.16(+1.61%)Nov 26 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.