<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>doc1.txt
<TEXT>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Date  of  Report  (Date  of  earliest  event  reported)  AUGUST  29,  2005

                                 PIZZA INN, INC.
             (Exact name of registrant as specified in its charter)

          MISSOURI                    0-12919               47-0654575
   (State or other jurisdiction (Commission File Number)  (IRS Employer
       of incorporation)                                 Identification No.)

                 3551 PLANO PARKWAY, THE COLONY, TEXAS     75056
          (Address of principal executive offices)          (Zip Code)

Registrant's  telephone  number,  including  area  code  (469)  384-5000

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)

Check  the  appropriate  box  below  if  the  Form  8-K  filing  is  intended to
simultaneously  satisfy the filing obligation of the registrant under any of the
following  provisions  (see  General  Instruction  A.2.  below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to  Rule  14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act  (17  CFR  240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act  (17  CFR  240.13e-4(c))

<PAGE>
ITEM  1.01     ENTRY  INTO  A  MATERIAL  DEFINITIVE  AGREEMENT.

     On  August 29, 2005, the Company and Wells Fargo Bank, National Association
("Wells  Fargo")  entered  into  a Third Amendment to Third Amended and Restated
Loan  Agreement  and Second Amendment to Real Estate Note, to be effective as of
June  26,  2005,  amending the Company's existing revolving credit and term loan
agreements with Wells Fargo. The amendment provides for a $6.0 million revolving
credit  line  that  will expire October 1, 2007, replacing a $3.0 million credit
line  that  was  due  to  expire  December 23, 2005. Additionally, the amendment
increases  annual  capital  expenditure  limits  from $500,000 to $3,000,000 and
modifies  certain  financial  covenants for the revolving credit and term loans.
Interest  is  provided for at a rate equal to Prime less an interest rate margin
from  0.75%  to Prime plus an interest rate margin of 1.75% or, at the Company's
option,  at  the  Eurodollar plus an interest rate margin of 1.25% to 3.75%. The
interest  rate  margin  is  based  on  the  Company's  performance under certain
financial  ratio  tests.


ITEM  7.01     REGULATION  FD  DISCLOSURE.

     Pizza  Inn,  Inc.  elects  to disclose the information in the press release
furnished  as  Exhibit  99.1 to this report and incorporated herein by reference
through  Form  8-K  pursuant  to  Regulation  FD.

ITEM  9.01     FINANCIAL  STATEMENTS  AND  EXHIBITS.

     (C)     EXHIBITS.


                     EXHIBIT NO.     DESCRIPTION OF EXHIBIT
                     -----------     ----------------------
99.1  Press  Release  dated  August  26,  2005  (furnished  herewith  and
----  incorporated  herein  by  reference)
99.2  Third  Amendment  to  Third Amended and Restated Loan Agreement and Second
----  Amendment to Real Estate Note dated August 29, 2005, to be effective as of
      June  26,  2005  (furnished  herewith  and  incorporated  herein  by
      reference)
99.3  Ninth Amended and Restated Revolving Credit Note dated August 29, 2005,
----  to be effective as of June 26, 2005 (furnished herewith and incorporated
      herein  by  reference)

<PAGE>
                                   SIGNATURES

     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.

                                      Pizza  Inn,  Inc.

Date:  August  29,  2005              By: /s/ Shawn M. Preator
                                      Name:   Shawn M. Preator
                                      Title:  Chief Financial Officer






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