
<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 September 30, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
       
<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   1-MO                   3-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-END>                               SEP-30-1996             SEP-30-1996             SEP-30-1996
<CASH>                                         105,544                       0                       0
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                   25,015                       0                       0
<ALLOWANCES>                                     1,852                       0                       0
<INVENTORY>                                     32,365                       0                       0
<CURRENT-ASSETS>                               197,768                       0                       0
<PP&E>                                       1,864,774                       0                       0
<DEPRECIATION>                                 698,914                       0                       0
<TOTAL-ASSETS>                               1,724,187                       0                       0
<CURRENT-LIABILITIES>                          469,558                       0                       0
<BONDS>                                      2,251,154                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                        630                       0                       0
<COMMON>                                        21,218                       0                       0
<OTHER-SE>                                  (1,220,718)                      0                       0
<TOTAL-LIABILITY-AND-EQUITY>                 1,724,187                       0                       0
<SALES>                                              0                       0                       0
<TOTAL-REVENUES>                                     0                 703,838               1,880,834
<CGS>                                                0                       0                       0
<TOTAL-COSTS>                                        0                 655,511               1,761,660
<OTHER-EXPENSES>                                     0                      92                     228
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                                   0                  68,872                 189,131
<INCOME-PRETAX>                                      0                (20,637)                (70,185)
<INCOME-TAX>                                         0                 (8,118)                (12,923)
<INCOME-CONTINUING>                                  0                (12,519)                (57,252)
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                         0                (12,519)                (57,262)
<EPS-PRIMARY>                                        0                   (.38)                  (1.60)
<EPS-DILUTED>                                        0                   (.38)                  (1.60)
        



</TABLE>
