PURCHASE OF OPERATING ASSETS FROM LIMITED PARTNERSHIP

6 Months Ended

Mar. 28, 2015

PURCHASE OF OPERATING ASSETS FROM LIMITED PARTNERSHIP [Abstract]

PURCHASE OF OPERATING ASSETS FROM LIMITED PARTNERSHIP

(5) PURCHASE OF OPERATING ASSETS FROM LIMITED PARTNERSHIP

During the first quarter of our fiscal year 2015, we purchased from a limited partnership, where we were the general partner and a 30% limited partner and our officers, directors or their family members owned 35.1% of the remaining limited partnership interests, the operating assets of the restaurant located at 2460 Weston Road, Weston, Broward County, Florida (Store #95) for a purchase price of $351,000, plus prorations, of approximately $100,000, cash at closing, and on September 28, 2014 this restaurant began operating as a Company-owned restaurant.