INVESTMENT IN REAL PROPERTY; OPTION TO LEASE AGREEMENT	12 Months Ended
Oct. 03, 2020
Investment in real property option to lease agreement [Abstract]
INVESTMENT IN REAL PROPERTY; OPTION TO LEASE AGREEMENT	NOTE 5. INVESTMENT IN REAL PROPERTY; OPTION TO LEASE AGREEMENT: *Pompano Beach, Florida* During the second quarter of our fiscal year 2019, we purchased from an unrelated third party the vacant real property (the “Property”), located at 2119 S.E. 9^th Street, Pompano Beach, Florida for $1,300,000 cash at closing. The Property is adjacent to property owned by a third party unaffiliated with us and leased to another third party unaffiliated with us for use as a restaurant (the “Adjacent Property”). At closing, we executed an Option to Lease Agreement to lease the Adjacent Property for a 50 year term commencing in November, 2022. We will either (i) sublease the building on the Adjacent Property to a related franchisee for operation as a “Flanigan’s Seafood Bar and Grill” restaurant and use the Property as parking; or (ii) renovate the building on the Adjacent Property for operation as a “Flanigan’s Seafood Bar and Grill” restaurant and use the Property as parking. If we renovate this new restaurant location on the Adjacent Property, we plan to raise funds using our limited partnership ownership model.

INVESTMENT IN REAL PROPERTY; OPTION TO LEASE AGREEMENT

12 Months Ended

Oct. 03, 2020

Investment in real property option to lease agreement [Abstract]

INVESTMENT IN REAL PROPERTY; OPTION TO LEASE AGREEMENT

NOTE 5. INVESTMENT IN REAL PROPERTY; OPTION TO LEASE AGREEMENT:

Pompano Beach, Florida

During the second quarter of our fiscal year 2019, we purchased from an unrelated third party the vacant real property (the “Property”), located at 2119 S.E. 9^th Street, Pompano Beach, Florida for $1,300,000 cash at closing. The Property is adjacent to property owned by a third party unaffiliated with us and leased to another third party unaffiliated with us for use as a restaurant (the “Adjacent Property”). At closing, we executed an Option to Lease Agreement to lease the Adjacent Property for a 50 year term commencing in November, 2022. We will either (i) sublease the building on the Adjacent Property to a related franchisee for operation as a “Flanigan’s Seafood Bar and Grill” restaurant and use the Property as parking; or (ii) renovate the building on the Adjacent Property for operation as a “Flanigan’s Seafood Bar and Grill” restaurant and use the Property as parking. If we renovate this new restaurant location on the Adjacent Property, we plan to raise funds using our limited partnership ownership model.