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CONSOLIDATED BALANCE SHEETS - USD ($)
Oct. 03, 2020
Sep. 28, 2019
Current Assets:    
Cash and cash equivalents $ 29,922,000 $ 13,672,000
Prepaid income taxes 74,000 55,000
Other receivables 681,000 870,000
Inventories 3,624,000 3,292,000
Prepaid expenses 2,207,000 1,704,000
Total current assets 36,508,000 19,593,000
Property and Equipment, Net 46,003,000 46,187,000
Construction in progress 981,000 1,292,000
Property and Equipment, Net 46,984,000 47,479,000
Right-of-use asset, finance leases 4,749,000
Right-of-use asset, operating leases 22,150,000
Total Right-of-use asset 26,899,000
Investment in Limited Partnerships 621,000 231,000
Other Assets:    
Liquor licenses 630,000 630,000
Deferred tax assets 352,000 249,000
Leasehold interests, net 200,000 296,000
Other 290,000 277,000
Total other assets 1,472,000 1,452,000
Total assets 112,484,000 68,755,000
Current Liabilities:    
Accounts payable and accrued expenses 9,238,000 8,532,000
Due to franchisees 3,142,000 2,553,000
Current portion of long-term debt 5,094,000 1,983,000
Finance lease liability, current 4,772,000
Operating lease liability, current 3,116,000
Deferred rent 61,000
Total current liabilities 25,362,000 13,129,000
Long-Term Debt, Net of Current Portion 21,229,000 11,097,000
Operating lease liability, non current 20,337,000
Total liabilities 66,928,000 24,226,000
Commitments and Contingencies
Flanigan's Enterprises, Inc. stockholders' equity    
Common stock, $.10 par value; 5,000,000 shares authorized; 4,197,642 shares issued; 1,858,647 outstanding for years ended 2020 and 2019 420,000 420,000
Capital in excess of par value 6,240,000 6,240,000
Retained earnings 38,848,000 37,738,000
Treasury stock, at cost, 2,338,995 shares for the years ended 2020 and 2019 (6,077,000) (6,077,000)
Total Flanigan's Enterprises, Inc. stockholders' equity 39,431,000 38,321,000
Noncontrolling interests 6,125,000 6,208,000
Total equity 45,556,000 44,529,000
Total liabilities and equity $ 112,484,000 $ 68,755,000