INCOME TAXES (Tables)

12 Months Ended

Oct. 03, 2015

INCOME TAXES [Abstract]

Components of the provision for income taxes

	2015		2014
Current:
Federal	$	1,270,000	$	1,008,000
State		294,000		248,000
Deferred:		1,564,000		1,256,000
Federal		81,000		63,000
State		9,000		7,000
		90,000		70,000
	$	1,654,000	$	1,326,000

Reconciliation of income tax computed at the statutory federal rate to income tax expense

	2015		2014
Tax provision at the statutory rate of 34%	$	2,344,000		$	2,013,000
Non controlling interests		(605,000	)		(623,000	)
State income taxes, net of federal income tax		212,000			170,000
FICA tip credit		(313,000	)		(256,000	)
True up adjustment		(16,000	)		(7,000	)
Other permanent items		32,000			29,000
	$	1,654,000		$	1,326,000

Components of deferred tax assets

	2015		2014
Current:
Reversal of aged payables	$	27,000		$	27,000
Capitalized inventory costs		23,000			29,000
Accrued bonuses		327,000			272,000
Accruals for potential uninsured claims		25,000			89,000
Gift cards		141,000			120,000
Limited partnership management fees		(168,000	)		(94,000	)
	$	375,000		$	443,000
Long-Term:
Book/tax differences in property and equipment	$	650,000		$	664,000
Limited partnership investments		213,000			227,000
Accrued limited retirement		40,000			34,000
	$	903,000		$	925,000