Securities and Exchange Commission
                             Washington, D.C. 20549

                                    FORM 8-K

                                 Current Report
                       Pursuant To Section 13 or 15(d) Of
                      The Securities Exchange Act of 1934

                         Date of Report: August 4, 2006

                       RICK'S CABARET INTERNATIONAL, INC.
             (Exact Name of Registrant As Specified in Its Charter)

            Texas                     0-26958                   76-0037324
(State Or Other Jurisdiction        (Commission               (IRS Employer
      of Incorporation)             File Number)            Identification No.)


                                10959 Cutten Road
                              Houston, Texas 77066
          (Address Of Principal Executive Offices, Including Zip Code)

                                 (281) 397-6730
                (Issuer's Telephone Number, Including Area Code)



ITEM 8.01     OTHER EVENTS.

     On  August  4,  2006,  our  subsidiary, RCI Debit Services, Inc., entered a
Purchase  Agreement under which it will acquire 99% of the ownership interest in
an  adult  entertainment cabaret known as "Centerfolds" located at 5418 Brewster
Street,  San Antonio, Texas.   Additionally, under the terms of the transaction,
our  subsidiary,  RCI  Holdings,  Inc.  will acquire 100% of the interest in the
improved  real  property  upon which Centerfolds is located.  The total purchase
price for the business and real property will be $2,900,000.  Under terms of the
agreement,  we  will pay the owners of the club and property $600,000 in cash at
the  time  of  closing and will sign promissory notes for the remaining balance.
Pursuant  to the Amended Purchase Agreement executed by the parties on August 9,
2006,  we  anticipate  closing  the  transaction  on  or before August 25, 2006,
contingent  upon normal due diligence and closing activities including obtaining
the  transfer  of  all existing licenses and permits to us, and other conditions
consistent  with  transactions  of  this type.  Upon closing of the transaction,
certain  members  of  the  current  ownership  structure  will enter a five-year
covenant  not  to  compete  with  us.

ITEM 9.01     FINANCIAL STATEMENTS AND EXHIBITS

     (c) Exhibits

Exhibit Number          Description

     10.1               Purchase Agreement dated August 4, 2006

     10.2               Amended Purchase Agreement dated August 9, 2006

                                   SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report on Form 8-K to be signed on its behalf by
the  undersigned  hereunto  duly  authorized.

                                              RICK'S CABARET INTERNATIONAL, INC.


                                         By:  /s/ Eric Langan
                                              ---------------
Date: August 10, 2006                         Eric Langan
                                              Chairman, President,
                                              Chief Executive Officer and
                                              Principal Accounting Officer