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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Cash Flows from Operating Activities:    
Net income $ 5,416 $ 9,049
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Depreciation and amortization 3,561 2,990
Amortization of leasehold interests 23 32
Amortization of operating lease right-of-use assets 2,530 2,377
Gain on forgiveness of PPP Loans (3,488)
Gain on sale of property and equipment (21)
Loss on abandonment of property and equipment 65 40
Amortization of deferred loan costs 38 36
Deferred income taxes 62 199
Loss from unconsolidated limited partnership (9) (16)
Changes in operating assets and liabilities:    
Other receivables (378) (6)
Prepaid income taxes 16 (96)
Inventories (709) (1,429)
Prepaid expenses 64 1,751
Other assets (39) (299)
Accounts payable and accrued expenses (55) 898
Operating lease liabilities (2,299) (1,993)
Due to franchisees 197 302
Deferred revenue 6 176
Net cash and cash equivalents provided by operating activities 8,489 10,502
Cash Flows from Investing Activities:    
Purchase of property and equipment (13,177) (4,017)
Purchase of construction in progress (3,531) (3,393)
Deposits on property and equipment (1,962) (1,698)
Purchase of liquor license (446)
Proceeds from sale of property and equipment 60 55
Business acquisition (75)
Distributions from unconsolidated limited partnership 51 32
Net cash and cash equivalents used in investing activities (18,559) (9,542)
Cash Flows from Financing Activities:    
Payments on long term debt (2,299) (3,736)
Deferred loan costs   (131)
Proceeds from long-term debt   8,708
Proceeds from noncontrolling interest offering 8,630
Dividends paid (838) (1,858)
Distributions to limited partnerships’ noncontrolling interests (3,399) (3,111)
Net cash and cash equivalents (used in) provided by financing activities (6,536) 8,502
Net (Decrease) Increase in Cash and Cash Equivalents (16,606) 9,462
Cash and Cash Equivalents - Beginning of Period 42,138 32,676
Cash and Cash Equivalents - End of Period 25,532 42,138
Cash paid during the year for:    
Interest 1,067 757
Income taxes 571 660
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Financing of insurance contracts 1,861
Change in fair value of interest rate swap 529
Purchase deposits capitalized to property and equipment 2,390 50
Purchase deposits transferred to construction in progress 545 512
Construction in progress transferred to property and equipment 7,110 3,258
Construction in progress in accounts payable and accrued expenses 931 1,426
Operating lease liabilities arising from right-of-use assets $ 3,335