XML 19 R9.htm IDEA: XBRL DOCUMENT

RECENT RESTAURANT EXPANSION AND OTHER DEVELOPMENTS	6 Months Ended
RECENT RESTAURANT EXPANSION AND OTHER DEVELOPMENTS	Mar. 29, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
RECENT RESTAURANT EXPANSION AND OTHER DEVELOPMENTS	RECENT RESTAURANT EXPANSION AND OTHER DEVELOPMENTS On June 24, 2022, the Company extended its lease for America at the New York-New York Hotel and Casino in Las Vegas, NV through December 31, 2033. In connection with the extension, the Company has agreed to spend a minimum of $4,000,000 to materially refresh the premises by December 31, 2025, subject to further extensions as set out in the agreement. To date approximately $175,000 has been spent on this refresh. On July 21, 2022, the Company extended its lease for the Village Eateries at the New York-New York Hotel and Casino in Las Vegas, NV through December 31, 2034. As part of this extension, the Broadway Burger Bar and Grill and Gonzalez y Gonzalez, were carved out of the Village Eateries footprint and the extended date for those two locations is December 31, 2033. In connection with the extension, the Company has agreed to spend a minimum of $3,500,000 to materially refresh all three of these premises by December 31, 2025, as extended. As part of this refresh, on November 11, 2024, the Company opened a new concept called Lucky Pig in the Village Eateries at a cost of approximately $700,000. To date the Company has spent an additional $650,000 on refreshing Broadway Burger Bar and Grill, Gonzalez y Gonzalez and other areas of the Village Eateries. Each of the above refresh obligations are to be consistent with designs approved by the landlord which shall not be unreasonably withheld. We will continue to pay all rent as required by the leases without abatement during construction. Note that our substantial completion of work set forth in plans approved by the landlord shall constitute our compliance with the requirements of the completion deadlines, regardless of whether or not the amount actually expended in connection therewith is less than the minimum. In connection with the above renovations, the Company made payments totaling $0 and $34,000 to the mother of Samuel Weinstein, the Co-Chief Operating Officer, for design services during the 13 and 26 weeks ended March 29, 2025, respectively.