<SEC-DOCUMENT>0001174947-20-000443.txt : 20200325
<SEC-HEADER>0001174947-20-000443.hdr.sgml : 20200325
<ACCEPTANCE-DATETIME>20200325161646
ACCESSION NUMBER:		0001174947-20-000443
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200324
ITEM INFORMATION:		Material Modifications to Rights of Security Holders
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200325
DATE AS OF CHANGE:		20200325

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLANIGANS ENTERPRISES INC
		CENTRAL INDEX KEY:			0000012040
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				590877638
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1003

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06836
		FILM NUMBER:		20742353

	BUSINESS ADDRESS:	
		STREET 1:		5059 N.E. 18TH AVENUE
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33334
		BUSINESS PHONE:		954-377-1961

	MAIL ADDRESS:	
		STREET 1:		5059 N.E. 18TH AVENUE
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33334

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BIG DADDYS LOUNGES INC
		DATE OF NAME CHANGE:	19780309

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CASTLEWOOD INTERNATIONAL CORP
		DATE OF NAME CHANGE:	19760222

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MOSAM CORP
		DATE OF NAME CHANGE:	19690415
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k-23772_flan.htm
<DESCRIPTION>8-K
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant To Section 13 OR 15(d) of The Securities
Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Date of Report (Date of earliest event reported): <B>March 24, 2020</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FLANIGAN&rsquo;S ENTERPRISES, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; text-align: center"><B><U>Florida</U></B></TD>
    <TD STYLE="width: 34%; text-align: center"><B><U>I-6836</U></B></TD>
    <TD STYLE="width: 30%; text-align: center"><B><U>59-0877638</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(State or other jurisdiction of</TD>
    <TD STYLE="text-align: center">(Commission</TD>
    <TD STYLE="text-align: center">(IRS Employer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">of incorporation)</TD>
    <TD STYLE="text-align: center">File Number</TD>
    <TD STYLE="text-align: center">Identification Number)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: bold 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center; width: 55%">5059 N.E. 18<SUP>th</SUP> Avenue,
    Fort Lauderdale, Florida</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center; width: 45%">33334</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">(Address of principal executive office)</TD>
    <TD STYLE="text-align: center">Zip Code</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Registrant&rsquo;s telephone number, including area code): <B>(954)
377-1961</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if this Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt"><FONT STYLE="font-family: Wingdings">&uml;</FONT>
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 240.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt"><FONT STYLE="font-family: Wingdings">&uml;</FONT>
Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt"><FONT STYLE="font-family: Wingdings">&uml;</FONT>
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt"><FONT STYLE="font-family: Wingdings">&uml;</FONT>
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Securities registered pursuant to Section 12(b) of the Act:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Title of each class</B></TD>
    <TD STYLE="width: 22%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Trading</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>symbol(s)</B></P></TD>
    <TD STYLE="width: 44%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Name of each exchange on which registered</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Common Stock, $0.10 par value</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">BDL</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">NYSE AMERICAN</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR &sect;230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR &sect;240.12b-2).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">Emerging growth company <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Item 3.03 Material Modification to Rights
of Security Holders.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">On March 24, 2020, Flanigan&rsquo;s
Enterprises, Inc. (the &ldquo;Company&rdquo; or &ldquo;we&rdquo; or &ldquo;our&rdquo; or &ldquo;us&rdquo; as the context requires)
issued a press release (the &ldquo;Press Release&rdquo;) announcing that our previously declared cash dividend of $0.30 per share
to shareholders of record on March 20, 2020 and payable on April 3, 2020 will not be paid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Item 8.01 Other Events.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The Press Release also announced that
we are temporarily shifting to a take-out or delivery only operating model in all of our company-owned or operated restaurants,
have reduced the hours of operation of our retail package liquor stores and are starting to layoff what we expect to be a significant
number of our employees as we begin to assess our employment needs to service the take-out and delivery and reduced hours operating
models. The full text of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by
reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In light of the rapidly evolving coronavirus
(COVID-19) outbreak, we are also filing this Current Report on Form 8-K for the purpose of supplementing the Risk Factors disclosed
in Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 28, 2019. Accordingly, our Risk Factor disclosure
is hereby updated as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B><I>Pandemics or disease outbreaks,
such as the novel coronavirus (COVID-19 virus), have and will continue to disrupt our business, which could materially affect our
operations and results of operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Pandemics or disease outbreaks such
as the novel coronavirus (COVID-19 virus) have and will continue to materially adversely impact customer traffic at our restaurants
and retail package liquor stores, may make it more difficult to staff our restaurants and retail package liquor stores and, in
more severe cases, may cause a temporary inability to obtain supplies, increase commodity costs or cause closures of our affected
restaurants and stores, sometimes for prolonged periods of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">In addition, our operations could be
disrupted if any of our employees or employees of our business partners were suspected of having COVID-19 or other illnesses since
this could require us or our business partners to quarantine some or all such employees or close and disinfect our restaurant and
store facilities. If a significant percentage of our workforce or the workforce of our business partners are unable to work, including
because of illness or travel or government restrictions in connection with pandemics or disease outbreaks, our operations may be
negatively impacted, potentially materially adversely affecting our business, liquidity, financial condition or results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Furthermore, such viruses may be
transmitted through human contact, and the risk of contracting viruses could cause employees or guests to avoid gathering in
public places, which has had, and will have, adverse effects on our restaurant guest traffic or the ability to adequately
staff restaurants and retail package liqour stores. Additional regulation or requirements with respect to the compensation of
our employees could also have an adverse effect on our business. Even if such measures are not implemented and a virus or
other disease does not spread significantly, the perceived risk of infection or health risk may adversely affect our
business, liquidity, financial condition and results of operations. COVID-19 or other disease outbreaks, may also materially
adversely affect our ability to implement our growth plans, including delays in construction of new restaurants and retail
package liquor stores or adversely impact our overall ability to successfully execute our plans to enter into new
markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">As per governmental directives, we
have temporarily shifted to a take-out or delivery only operating model in our company-owned or operated restaurants and have
reduced the hours of operation of our retail package liquor stores. We have begun to layoff what we expect will be a significant
number of employees as we begin to assess our employment needs to service the take-out and delivery and reduced hours operating
models. This change and any additional changes caused by the COVID-19 pandemic may materially adversely affect our business or
results of operations, and may impact our liquidity or financial condition, particularly if these changes are in place for a significant
amount of time.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Item 9.01 Financial Statements and
Exhibits.</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify">Exhibits</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 1in; text-align: justify"><FONT STYLE="font-size: 10pt"><U>Number</U></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><U>Description</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><A HREF="ex99-1.htm">Flanigan&rsquo;s Enterprises, Inc. Press Release dated March 24, 2020.</A></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-indent: -3in"><B>FLANIGAN&rsquo;S ENTERPRISES, INC.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Registrant)</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 3in">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Date&nbsp;&nbsp;March 25, 2020</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;<U>/s/&nbsp;&nbsp;&nbsp;Jeffrey D. Kastner</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Jeffrey D. Kastner</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Chief Financial Officer, General Counsel &amp; Secretary</FONT></TD></TR>
</TABLE>




<P STYLE="margin: 0">&nbsp;</P>



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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">James G. Flanigan, Chairman of the Board</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">954-377-1961</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Flanigan&rsquo;s Enterprises, Inc., owners
and operators of the &quot;Flanigan's Seafood Bar and Grill&quot; restaurants and &quot;Big Daddy's&quot; retail package liquor
stores, today announced that it was cancelling its April 2020 cash dividend and leveraging its take-out and delivery service in
response to COVID-19.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FORT LAUDERDALE, FLORIDA, March 24, 2020 -
Flanigan&rsquo;s Enterprises, Inc. (NYSE American: BDL) today provides the following in response to the COVID-19 outbreak:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: justify">As per governmental directives to close our restaurants and reduce operating hours in our retail
package liquor stores, we have temporarily shifted to a take-out or delivery only operating model in our company-owned or operated
restaurants and have reduced the hours of operation of our retail package liquor stores.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: justify">We have begun to layoff what we expect to be a significant number of our employees as we begin
to assess our employment needs to service the newly implemented take-out and delivery and reduced hours operating models.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="text-align: justify">Our previously announced cash dividend of $.30 per share to shareholders of record on March 20,
2020 and payable on April 3, 2020 is cancelled and will not be paid.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;The health and safety of our customers,
team members and their families is our top priority,&rdquo; said James G. Flanigan, CEO and Chairman of the Board of Flanigan&rsquo;s
Enterprises, Inc. &ldquo;We remain committed to servicing our communities as we navigate through the current environment. As part
of this effort, we will leverage our take-out service and delivery network to customers at home.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&ldquo;In addition to attempting to expand
our take-out and delivery business, we are seeking ways to take action to tightly manage costs in this new volatile environment,&rdquo;
said James G. Flanigan, CEO of Flanigan&rsquo;s Enterprises, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>About Flanigan&rsquo;s Enterprises, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Flanigan&rsquo;s Enterprises, Inc. owns and
operates the &quot;Flanigan's Seafood Bar and Grill&quot; restaurants and &quot;Big Daddy's&quot; retail package liquor stores.
For more information, please visit <B>www.flanigans.net.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Forward-Looking Statements</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Certain statements contained herein are not
based on historical fact and are &ldquo;forward-looking statements&rdquo; within the meaning of applicable securities laws. Generally,
these statements can be identified by the use of words such as &ldquo;guidance,&rdquo; &ldquo;believes,&rdquo; &ldquo;estimates,&rdquo;
&ldquo;anticipates,&rdquo; &ldquo;expects,&rdquo; &ldquo;on track,&rdquo; &ldquo;feels,&rdquo; &ldquo;forecasts,&rdquo; &ldquo;seeks,&rdquo;
&ldquo;projects,&rdquo; &ldquo;intends,&rdquo; &ldquo;plans,&rdquo; &ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;should,&rdquo;
&ldquo;could,&rdquo; &ldquo;would&rdquo; and similar expressions intended to identify forward-looking statements, although not
all forward-looking statements contain these identifying words. These forward-looking statements include all matters that are not
historical facts. By their nature, forward-looking statements involve risks and uncertainties that could cause actual results to
differ materially from the Company&rsquo;s forward-looking statements. These risks and uncertainties include, but are not limited
to: the effects of the COVID-19 outbreak and uncertainties about its depth and duration, as well as the impacts to economic conditions
and consumer behavior; the outcome of our review of strategic alternatives, including the impact on our ongoing business, our stock
price and our ability to successfully implement any alternatives that we pursue including our ability to achieve the cost savings
described in this release; consumer reaction to public health and food safety issues; competition; increases in labor costs; government
actions and policies; increases in unemployment rates and taxes; local, regional and national economic conditions generally; consumer
confidence and spending patterns; price and availability of commodities; the effects of changes in tax laws; challenges associated
with our remodeling, relocation and expansion plans; interruption or breach of our systems or loss of consumer or employee information;
political, social and legal conditions and their effects on operations; our ability to preserve the value of and grow our brands;
the seasonality of the Company&rsquo;s business; weather, acts of God and other disasters; changes in patterns of consumer traffic,
consumer tastes and dietary habits; the cost and availability of credit; interest rate changes; compliance with debt covenants
and the Company&rsquo;s ability to make debt payments and planned investments. Further information on potential factors that could
affect the financial results of the Company and its forward-looking statements is included in its most recent Form 10-K and subsequent
filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement.
These forward-looking statements speak only as of the date of this release. All forward-looking statements are qualified in their
entirety by this cautionary statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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