
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of Flagstar Companies, Inc. as contained in its
Form 10-Q for the quarterly period ended June 30, 1996 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996
<PERIOD-END>                               JUN-30-1996             JUN-30-1996
<CASH>                                          68,193                  68,193
<SECURITIES>                                         0                       0
<RECEIVABLES>                                   26,203                  26,203
<ALLOWANCES>                                     2,099                   2,099
<INVENTORY>                                     37,064                  37,064
<CURRENT-ASSETS>                               156,274                 156,274
<PP&E>                                       1,877,024               1,877,024
<DEPRECIATION>                                 684,120                 684,120
<TOTAL-ASSETS>                               1,704,892               1,704,892
<CURRENT-LIABILITIES>                          442,853                 442,853
<BONDS>                                      2,204,754               2,204,754
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                        630                     630
<COMMON>                                        21,218                  21,218
<OTHER-SE>                                 (1,204,657)             (1,204,657)
<TOTAL-LIABILITY-AND-EQUITY>                 1,704,892               1,704,892
<SALES>                                              0                       0
<TOTAL-REVENUES>                               626,570               1,176,995
<CGS>                                                0                       0
<TOTAL-COSTS>                                  583,210               1,106,149
<OTHER-EXPENSES>                                   163                     136
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                              62,546                 120,258
<INCOME-PRETAX>                               (19,349)                (49,548)
<INCOME-TAX>                                   (1,914)                 (4,804)
<INCOME-CONTINUING>                           (17,435)                (44,744)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (17,435)                (44,744)
<EPS-PRIMARY>                                    (.49)                  (1.22)
<EPS-DILUTED>                                    (.49)                  (1.22)
        

</TABLE>
