SUBSEQUENT EVENTS	9 Months Ended
Jul. 02, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	(11) SUBSEQUENT EVENTS: PURCHASE OF 4 COP LIQUOR LICENSE: During the third quarter of our fiscal year 2022, we entered into an agreement to purchase a 4 COP quota liquor license for Broward County, Florida from an unrelated third party for $445,000 and closed on such purchase subsequent to the end of the third quarter of our fiscal year 2022. The liquor license is currently inactive, but we intend to use it in connection with the operation of the package liquor store we are developing in Miramar, Florida. The 4 COP quota liquor license for Broward County, Florida which we purchased during the third quarter of our fiscal year 2021 and was inactive, was transferred for use in our operation of “Brendan’s Sports Pub”. RE-FINANCING OF EXISTING MORTGAGE Subsequent to the end of the third quarter of our fiscal year 2022, we requested and received an advance of $697,000 from the payee of an entity controlled by a member of our Board of Directors, which holds a mortgage note in the original principal amount of $1,000,000 (the “$1,000,000 Note”), resulting in a principal amount outstanding thereunder of $1,100,000 as of August 1, 2022. Our repayment obligations under the $1,000,000 Note continue to be secured by a first mortgage on the real property and improvements where our restaurant located at 2600 West Davie Boulevard, Fort Lauderdale, Florida operates. The terms of the $1,000,000 Note are that it bears interest at 6% annually, (increased from 5% annually), is amortizable over 15 years with monthly installments of principal and interest of approximately $9,300 required to be made and a final balloon payment of approximately $487,000 required to be made August 1, 2032. Subsequent events have been evaluated through the date these condensed consolidated financial statements were issued and except as disclosed herein, no further events required disclosure.

SUBSEQUENT EVENTS

9 Months Ended

Jul. 02, 2022

(11) SUBSEQUENT EVENTS:

PURCHASE OF 4 COP LIQUOR LICENSE:

During the third quarter of our fiscal year 2022, we entered into an agreement to purchase a 4 COP quota liquor license for Broward County, Florida from an unrelated third party for $445,000 and closed on such purchase subsequent to the end of the third quarter of our fiscal year 2022. The liquor license is currently inactive, but we intend to use it in connection with the operation of the package liquor store we are developing in Miramar, Florida. The 4 COP quota liquor license for Broward County, Florida which we purchased during the third quarter of our fiscal year 2021 and was inactive, was transferred for use in our operation of “Brendan’s Sports Pub”.

RE-FINANCING OF EXISTING MORTGAGE

Subsequent to the end of the third quarter of our fiscal year 2022, we requested and received an advance of $697,000 from the payee of an entity controlled by a member of our Board of Directors, which holds a mortgage note in the original principal amount of $1,000,000 (the “$1,000,000 Note”), resulting in a principal amount outstanding thereunder of $1,100,000 as of August 1, 2022. Our repayment obligations under the $1,000,000 Note continue to be secured by a first mortgage on the real property and improvements where our restaurant located at 2600 West Davie Boulevard, Fort Lauderdale, Florida operates. The terms of the $1,000,000 Note are that it bears interest at 6% annually, (increased from 5% annually), is amortizable over 15 years with monthly installments of principal and interest of approximately $9,300 required to be made and a final balloon payment of approximately $487,000 required to be made August 1, 2032.

Subsequent events have been evaluated through the date these condensed consolidated financial statements were issued and except as disclosed herein, no further events required disclosure.