NOTE 5 - INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2020

Finite-Lived Intangible Assets, Net [Abstract]

(5) INTANGIBLE ASSETS

(5) INTANGIBLE ASSETS

Intangible assets consisted of the following:

	June 30, 2020	December 31, 2019
Leasehold rights	$ 175,000	$ 175,000
Liquor licenses	11,913	12,789
Franchise offering documents	16,000	16,000
Franchise sales website	16,500	16,500
Trademarks	9,100	9,100
Total	$ 228,513	$ 229,389
Accumulated amortization	(77,929)	(66,235)
Ending Balance	$ 150,584	$ 163,154

Amortization expense was $11,695 and $6,597 for the six months ended June 30, 2020 and 2019, respectively.

The following table presents the estimated aggregate future amortization expense of intangible assets:

2020 (six months)	$ 11,695
2021	21,140
2022	20,997
2023	20,997
2024	20,997
Thereafter	54,758
	$ 150,584