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Subsequent Event
3 Months Ended
Nov. 21, 2012
Subsequent Event

Note 12. Subsequent Event

Luby’s Inc., via a wholly owned subsidiary, purchased all the Membership Units of Paradise Restaurants Group, LLC, and certain of their affiliates, collectively known as Cheeseburger In Paradise, for approximately $11.0 million in cash plus reimbursements for cash on hand, inventory and accounts receivable offset by liabilities assumed at closing on December 5, 2012 and took over operations on December 6, 2012. Luby’s Fuddruckers Restaurants, LLC will operate 23 Cheeseburger in Paradise restaurants, located in 14 states.