EX-99.2 4 dave-20190304ex992c392fa.htm EX-99.2 Exhibit 99.2

Exhibit 99.2

 

 

Cornerstar BBQ, Inc., Larkridge BBQ, Inc., Quebec Square BBQ, Inc., and Razorback BBQ, Inc.

Interim Unaudited Statements of Operations for the Nine Months ended

September 23, 2018 and September 24, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

 

 

 

September 23, 2018

 

September 24, 2017

Restaurant sales, net

 

 

 

 

 

 

$

11,538,507

 

$

12,855,829

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses

 

 

 

 

 

 

 

 

 

 

 

    Food and beverage costs

 

 

 

 

 

 

 

3,475,959

 

 

3,768,574

   Labor and benefits costs

 

 

 

 

 

 

 

3,760,357

 

 

3,868,396

   Operating expenses

 

 

 

 

 

 

 

1,058,268

 

 

1,079,474

   Depreciation and amortization

 

 

 

 

 

 

 

165,781

 

 

172,334

   General and administrative expenses

 

 

 

 

 

 

 

2,835,904

 

 

3,392,168

         Total costs and expenses

 

 

 

 

 

 

 

11,296,269

 

 

12,280,946

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

 

 

 

 

 

 

242,238

 

 

574,883

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

 

 

 

 

 

 

60,777

 

 

55,499

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

 

 

 

 

 

$

181,461

 

$

519,384