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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 26, 2023
Sep. 27, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (loss) $ 11,672,000 $ (927,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 3,752,000 4,057,000
Net change in ROU assets and operating lease liabilities (327,000) (428,000)
Recognition of deferred gain on sale of restaurant building (37,000) (34,000)
Gain on asset disposals (4,000) 0
Gain on lease termination 0 (642,000)
Impairment of long-lived assets 1,589,000 3,437,000
Stock based compensation expense 131,000 250,000
Provision for income taxes (10,790,000) (5,000)
Changes in operating assets and liabilities:    
Receivables and prepaids 582,000 (293,000)
Inventories (5,000) (64,000)
Deposits and other assets (111,000) 79,000
(Decrease) increase in:    
Accounts payable 1,866,000 (654,000)
Deferred liabilities 19,000 0
Accrued and other liabilities (372,000) 515,000
Net cash provided by operating activities 7,965,000 5,291,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments for the purchase of property and equipment (4,771,000) (2,641,000)
Acquisition of restaurants from franchisees, net of cash acquired (1,326,000) (728,000)
Payments for the purchase of non-controlling interests (4,394,000) 0
Proceeds from sale of fixed assets 48,000 0
Proceeds from lease termination 0 745,000
Net cash used in investing activities (10,443,000) (2,624,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable, capital leases, and long-term debt 750,000 0
Payment for the purchase of treasury stock (2,274,000) (1,026,000)
Payment for restricted stock vesting settled in cash (92,000) 0
Proceeds from stock option exercises 5,000 156,000
Contributions from non-controlling interests 13,000 33,000
Distributions to non-controlling interests (648,000) (1,780,000)
Net cash used in provided by financing activities (2,246,000) (2,617,000)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (4,724,000) 50,000
CASH AND CASH EQUIVALENTS, beginning of year 8,906,000 8,856,000
CASH AND CASH EQUIVALENTS, end of year 4,182,000 8,906,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Cash paid for interest 31,000 20,000
Non-cash additions of property and equipment $ 91,000 $ (214,000)