-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 T24+R+ir7nAXIhbgPP+KC6K+TcWoCXlwI2UvAWxxfHgdn6XJT/XY5Wk0SBFMxuQc
 jwhqCyBoaVjjkaivPUJ13w==

<SEC-DOCUMENT>0000852772-96-000002.txt : 19960515
<SEC-HEADER>0000852772-96-000002.hdr.sgml : 19960515
ACCESSION NUMBER:		0000852772-96-000002
CONFORMED SUBMISSION TYPE:	10-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19960331
FILED AS OF DATE:		19960514
SROS:			NASD

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLAGSTAR COMPANIES INC
		CENTRAL INDEX KEY:			0000852772
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				133487402
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-18051
		FILM NUMBER:		96563884

	BUSINESS ADDRESS:	
		STREET 1:		203 E MAIN ST
		CITY:			SPARTANBURG
		STATE:			SC
		ZIP:			29319
		BUSINESS PHONE:		8035978700

	MAIL ADDRESS:	
		STREET 1:		203 EAST MAINE STREET
		CITY:			SPARTANBURG
		STATE:			SC
		ZIP:			29319

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TW HOLDINGS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-Q
<SEQUENCE>1
<FILENAME>000085277296000002-001-seq1-10-q.txt
<DESCRIPTION>FLAGSTAR COMPANIES, INC. 10-Q
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-27
<SEQUENCE>2
<FILENAME>000085277296000002-002-seq2-ex-27.txt
<DESCRIPTION>EXHIBIT 27
</DOCUMENT>
</SUBMISSION>