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SUBSEQUENT EVENTS
12 Months Ended
Sep. 27, 2014
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS

NOTE 16.    SUBSEQUENT EVENTS

 

Subsequent to the fourth quarter of our fiscal year 2014, we purchased from our limited partnership, the operating assets of the restaurant located at 2460 Weston Road, Weston, Broward County, Florida for a purchase price of $351,000 and on September 28, 2014 this restaurant began operating as a Company-owned restaurant.

Subsequent to the fourth quarter of our fiscal year 2014, we exercised the final five (5) year renewal option to extend the term of our lease for the combination package liquor store and restaurant we own located at 5450 N. State Road 7, N. Lauderdale, Florida (Store #40) through December 31, 2020 under the same terms and conditions and were granted an option to purchase the real property and improvements on December 31, 2020 for a purchase price of $1,200,000.

 

Subsequent events have been evaluated through the date these consolidated financial statements were issued. No events required disclosure.