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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 29, 2019
Dec. 30, 2018
CURRENT ASSETS    
Cash $ 258,101 $ 663,511
Receivables 15,363 20,241
Inventory 56,432 58,584
Prepaid expenses 6,929 8,211
Deferred offering costs 40,000
Total current assets 336,825 790,547
PROPERTY AND EQUIPMENT, net 1,650,012 2,052,539
LAND AND BUILDINGS HELD FOR SALE 449,244 353,092
INVESTMENT IN NOTES RECEIVABLE FROM RELATED COMPANY 179,000
OTHER ASSETS, net 18,459 68,659
Total assets 2,633,539 3,264,837
CURRENT LIABILITIES    
Current maturities of long-term debt 277,666 254,397
Accounts payable 321,855 288,659
Accrued expenses 202,732 174,986
Income taxes payable 2,898 13,725
Total current liabilities 805,151 731,767
LONG-TERM DEBT, less current maturities 3,221,035 3,516,028
DEFERRED INCOME TAXES 48,500
UNEARNED VENDOR REBATE 3,668 9,780
Total liabilities 4,029,854 4,306,075
SHAREHOLDERS' DEFICIT    
Preferred stock, $.001 par value, 2,000,000 shares authorized, no shares outstanding at December 29,2019 and December 30, 2018
Common stock, $.001 par value 50,000,000 authorized, 8,095,004 and 8,086,004 shares outstanding at December 29, 2019 and December 30, 2018, respectively 8,095 8,086
Additional paid-in capital 497,671 484,180
Accumulated deficit (1,902,081) (1,533,504)
Total shareholders' deficit (1,396,315) (1,041,238)
Total liabilities and shareholders' deficit $ 2,633,539 $ 3,264,837