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Acquisitions (Tables)
12 Months Ended
Dec. 28, 2014
Acquisitions  
Schedule of Purchase Price Allocation

 

 

 

2014

 

2012

 

 

 

 

 

 

 

Number of restaurants acquired

 

13 

 

56 

 

Location of restaurants acquired

 

Various

 

Denver and Minneapolis

 

 

 

 

 

 

 

Purchase price (in thousands):

 

 

 

 

 

Cash payment (a)

 

$

4,773 

 

$

5,200 

 

Cancellation of accounts and notes receivable

 

412 

 

 

Total purchase price

 

$

5,185 

 

$

5,200 

 

 

 

 

 

 

 

Fair value allocation of purchase price (in thousands):

 

 

 

 

 

Property and equipment

 

$

555 

 

$

1,602 

 

Reacquired franchise right

 

844 

 

245 

 

Goodwill

 

3,661 

 

3,830 

 

Other, including cash

 

125 

 

239 

 

Total purchase price

 

$

5,185 

 

$

5,916 

 

 

 

(a)

2012 cash payments made were net of $700,000 received from the sale of six restaurants located in the Denver market to an existing franchisee.