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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
May 31, 2012
May 31, 2011
May 31, 2012
May 31, 2011
REVENUES        
Royalty fees from franchised stores $ 489,081 $ 463,424 $ 932,002 $ 862,644
Net sales by Company-owned stores   105,962   199,695
Franchise fees 37,500 60,000 42,500 144,300
Licensing fees and other income 299,205 163,383 418,776 305,742
Total Revenues 825,786 792,769 1,393,278 1,512,381
OPERATING EXPENSES        
Store food, beverage and paper costs   36,291   69,153
Store payroll and other operating expenses   65,605   132,851
Selling, general and administrative expenses:        
Payroll and payroll-related expenses 327,896 316,012 696,147 664,922
Occupancy 46,252 47,807 65,760 86,017
Advertising and promotion 19,237 18,900 31,054 35,857
Professional service fees 33,493 17,969 93,715 72,874
Travel 14,449 12,143 28,466 22,826
Depreciation and amortization 4,782 6,963 9,566 14,386
Other 96,439 125,853 174,405 232,377
Total Operating Expenses 542,548 647,543 1,099,113 1,331,263
Income from operations 283,238 145,226 294,165 181,118
Interest income 668 958 1,374 2,048
Interest expense (1,812) (2,127) (3,624) (4,254)
Income before provision for income taxes 282,094 144,057 291,915 178,912
Provision for income taxes        
Current tax 15,000   15,000  
Net Income $ 267,094 $ 144,057 $ 276,915 $ 178,912
Earnings per share - Basic and Diluted (in Dollars per share) $ 0.04 $ 0.02 $ 0.04 $ 0.02
Weighted average shares outstanding - Basic (in Shares) 7,263,508 7,263,508 7,263,508 7,263,508
Weighted average shares outstanding - Diluted (in Shares) 7,265,510 7,264,945 7,265,707 7,264,240
Cash distributions declared per share (in Dollars per share) $ 0.01 $ 0.01 $ 0.02 $ 0.05