BDL Stock Analysis

Flanigan`s Enterprises Inc

Flanigan's Enterprises, Inc. operates in South Florida as a chain of full-service restaurants and package liquor stores. The Company conducts its business through two segments: the restaurant segment and the package liquor store segment. At October 2, 2010, it operated 24 units, of restaurants, package liquor stores and combination restaurants/package liquor stores that it either owns or have operational control over and partial ownership in; owned but not operated one adult entertainment club, and franchised an additional five units, consisting of one restaurant and four combination restaurants/package liquor stores. During the fiscal year ended October 2, 2010 (fiscal 2010), it purchased from a franchisee the operating restaurant assets of the franchised restaurant located in Boca Raton, Florida and accordingly, on October 18, 2009, the restaurant converted from a franchised unit to a company owned restaurant.