INVESTMENT IN REAL PROPERTY FINANCED BY DEBT

12 Months Ended

Oct. 03, 2015

INVESTMENT IN REAL PROPERTY FINANCED BY DEBT [Abstract]

INVESTMENT IN REAL PROPERTY FINANCED BY DEBT

NOTE 5.      INVESTMENT IN REAL PROPERTY FINANCED BY DEBT

Hollywood/Davie, Florida

During the second quarter of our fiscal year 2015, we acquired for $1.5 million cash at closing, vacant real property (the “Property”), which is contiguous to the real property we own where our combination package liquor store and restaurant located at 2505 N. University Drive, Hollywood, Florida, (Store #19) operates. We intend to (i) construct a building on the Property into which we will re-locate the existing (Store #19) package liquor store; and (ii) renovate and expand our (Store # 19) restaurant into the former package liquor store space. The Property will also provide for a larger parking lot to be used by our customers.