RECENT RESTAURANT EXPANSION (Tables)

3 Months Ended

Jan. 02, 2016

Recent Restaurant Expansion [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

A preliminary allocation of the fair values of the assets acquired, subject to final purchase accounting, is as follows:

Inventory	$	67,000
Commercial condominium units		3,584,800
Residential condominium units		263,000
Furniture, fixtures and equipment		240,000
Trademarks		150,000
Customer list		200,000
Goodwill		1,212,200
	$	5,717,000

Schedule of Annual Financial Information [Table Text Block]

The unaudited pro forma financial information set forth below is based upon the Company’s historical Consolidated Condensed Statements of Income for the 13-weeks ended January 2, 2016 and December 27, 2014

	13 Weeks Ended
	January 2, 2016		December 27, 2014
Total revenues	$	36,351	$	34,398
Net income	$	342	$	897
Net income per share - basic	$	0.10	$	0.27
Net income per share - diluted	$	0.10	$	0.26