Flanigan's Enterprises, Inc. (BDL): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Sumérgete en el plan estratégico de Flanigan's Enterprises, Inc., una potencia dinámica de hospitalidad del sur de Florida que ha creado magistralmente un modelo de negocio que combina el compromiso de la comunidad local con innovadoras experiencias de bebidas y comidas multicanales. Desde restaurantes del vecindario hasta licorerías, esta empresa se ha posicionado estratégicamente para capturar los corazones de los residentes locales y la demografía de adultos jóvenes a través de una propuesta de valor única que equilibra la asequibilidad, la conveniencia y el entretenimiento centrado en la comunidad. Descubra las intrincadas capas de su lienzo comercial que han impulsado su éxito en un panorama competitivo del mercado.

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocios: asociaciones clave

Distribuidores locales de alcohol y bebidas

Las empresas de Flanigan se asocian con varios distribuidores clave de alcohol y bebidas para suministrar sus operaciones de restaurantes y bares.

Distribuidor	Volumen de suministro anual	Duración del contrato
Vino del sur & Espíritu	$ 3.2 millones	Acuerdo de 3 años
Grupo de bebidas breakthru	$ 2.7 millones	Contrato de 2 años

Propietarios de propiedades de bienes raíces comerciales

La compañía mantiene asociaciones estratégicas con entidades de bienes raíces comerciales para ubicaciones de restaurantes y bares.

• Propiedades alquiladas totales: 12 ubicaciones
• Término de arrendamiento promedio: 7.5 años
• Gasto total de arrendamiento anual: $ 1.6 millones

Proveedores de equipos de restaurantes y bares

Flanigan colabora con proveedores de equipos especializados para mantener la infraestructura operativa.

Proveedor	Adquisición anual de equipos	Categorías de equipos clave
Corporación Middleby	$450,000	Equipo de cocina
Equipo de bebida internacional	$275,000	Sistemas de barra y refrigeración

Vendedores locales de alimentos y bebidas

Las asociaciones estratégicas con proveedores locales aseguran un nuevo abastecimiento de ingredientes.

• Número de asociaciones de proveedores locales: 18
• Adquisición total de proveedores locales anuales: $ 2.1 millones
• Porcentaje de ingredientes de origen local: 65%

Agencias de marketing y publicidad

Flanigan mantiene asociaciones de marketing específicas para mejorar la visibilidad de la marca.

Agencia	Presupuesto anual de marketing	Alcance del servicio
Grupo de medios de mercado local	$325,000	Publicidad digital y tradicional
Marketing de pulsos sociales	$210,000	Gestión de redes sociales

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocio: actividades clave

Operaciones de restaurantes y bares

A partir de 2024, Flanigan's Enterprises opera 19 ubicaciones de restaurantes y bares principalmente en el sur de Florida. Ingresos anuales promedio por restaurante Ubicación: $ 1.2 millones.

Tipo de ubicación	Número de ubicaciones	Ingresos anuales promedio
Bar deportivo de Flanigan	13	$ 1.2 millones
Big Daddy's Restaurants	6	$950,000

Gestión de tiendas de licores

Flanigan opera 6 licorerías con un ingreso anual estimado de $ 3.5 millones.

• Ventas anuales promedio de licorerías: $ 583,333
• Tasa de facturación de inventario: 4.2 veces al año
• Mezcla de productos: 65% espíritus, 25% de vino, 10% de cerveza

Ventas de bebidas minoristas

Ventas de bebidas minoristas totales para 2023: $ 12.4 millones.

Categoría de bebida	Volumen de ventas	Porcentaje de ventas
Cerveza de barril	$ 4.1 millones	33%
Bebidas embotelladas	$ 3.7 millones	30%
Ingredientes de cóctel	$ 4.6 millones	37%

Servicio de alimentos y catering

Ingresos anuales de catering y servicio de alimentos: $ 2.1 millones.

• Eventos corporativos: 40% de los ingresos de catering
• Partes privadas: 35% de los ingresos de catering
• Eventos deportivos: 25% de los ingresos de catering

Desarrollo y gestión de franquicias

Estado de franquicia actual a partir de 2024:

Tipo de franquicia	Número de ubicaciones	Ingresos por franquicia
Big Daddy's Restaurants	6	$ 5.7 millones

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocio: recursos clave

Múltiples ubicaciones de restaurantes y licorerías

A partir de 2024, las empresas de Flanigan opera:

Tipo de ubicación	Número de ubicaciones
Restaurantes de Flanigan	12
Liquors de Big Daddy	8

Reconocimiento de marca fuerte en el sur de Florida

Presencia en el mercado: Concentrado en los condados de Broward, Miami-Dade y Palm Beach

• Establecido en 1959
• Más de 60 años de operación continua
• Reconocimiento de marca local estimado en 85% dentro del mercado objetivo

Equipo de gestión experimentado

Puesto ejecutivo	Años con la empresa
CEO	22
director de Finanzas	15
Gerente de operaciones	18

Sistemas operativos patentados

Infraestructura tecnológica:

• Sistema personalizado de punto de venta (POS)
• Software de gestión de inventario integrado
• Plataforma de seguimiento de fidelidad del cliente

Base de fidelización de clientes establecida

Métrica del programa de fidelización	Valor
Miembros de lealtad total	45,000
Tasa promedio de clientes repetidos	62%
Retención anual de clientes	73%

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocio: propuestas de valor

Experiencias de comida y bebida asequibles

Rango promedio de precios del menú: $ 8.50 - $ 15.99 por artículo. Los precios de las bebidas varían de $ 3.50 a $ 6.00. Promedio total del cheque del restaurante: $ 22.75 por persona.

Categoría de precio	Costo promedio
Aperitivos	$6.50 - $9.75
Cursos principales	$10.25 - $15.50
Bebidas alcohólicas	$4.25 - $6.00

Conveniente concepto de restaurante y bar de restaurantes del vecindario

Total de ubicaciones: 19 restaurantes/bares principalmente en el sur de Florida. Tamaño promedio del restaurante: 3,500 pies cuadrados. Capacidad de asiento típica: 120-150 clientes.

Amplia selección de bebidas y opciones de alimentos

• Selección de cerveza: cervezas de aire 20-25
• Variedades de cerveza embotellada: 40-50 marcas diferentes
• Elementos del menú de comida: 45-55 opciones diferentes

Categoría de menú	Número de artículos
Aperitivos	12-15
Platos	15-20
Sándwiches	8-12

Calidad constante y servicio al cliente

Calificación promedio de Yelp: 3.8/5. Google Reviews Promedio: 4.1/5. Tasa de retención del personal: 62% anual.

Lugares de entretenimiento locales centrados en la comunidad

Hosting anual de eventos locales: 85-95 eventos comunitarios. Asistencia promedio para el evento: 75-125 personas por evento.

Tipo de evento	Frecuencia anual
Fiestas de relojes deportivos	40-50
Noches de trivia	25-35
Eventos de música en vivo	15-20

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocios: relaciones con los clientes

Interacción personal con el personal

A partir de 2024, las empresas de Flanigan mantienen 19 ubicaciones de restaurantes y licorerías en Florida. El recuento de personal de servicio al cliente es de aproximadamente 250 empleados.

Membresía del programa de fidelización

Métrica del programa de fidelización	2024 datos
Miembros de lealtad total	8.742 miembros registrados
Gasto promedio de miembros anuales	$ 423 por miembro
Tasa de retención de miembros	67.3%

Compromiso de las redes sociales

• Seguidores de Facebook: 12,563
• Seguidores de Instagram: 9,214
• Interacciones promedio de redes sociales mensuales: 4,872

Eventos promocionales regulares

Conteo de eventos promocionales anuales: 24 campañas de marketing diferentes

Tipo de evento	Frecuencia	Recuento promedio de participantes
Promociones de la hora feliz	Semanalmente	1.250 participantes
Especiales de bebidas de temporada	Trimestral	3.500 participantes

Enfoque de marketing basado en la comunidad

Presupuesto de participación de la comunidad local: $ 87,500 anualmente

• Patrocinios del equipo deportivo local: 6 equipos
• Participaciones de eventos comunitarios: 18 eventos
• Donaciones caritativas: $ 42,000 por año

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocios: canales

Ubicaciones físicas de restaurantes y licorerías

A partir de 2024, las empresas de Flanigan opera 19 ubicaciones totales en el sur de Florida, específicamente en los condados de Miami-Dade, Broward y Palm Beach.

Tipo de ubicación	Número de ubicaciones	Distribución geográfica
Restaurantes	12	Condado de Miami-Dade
Tiendas de licores	7	Condados de Broward y Palm Beach

Plataformas de pedidos en línea

Flanigan se asocia con múltiples plataformas de pedidos digitales para expandir el alcance del cliente.

• Doordash
• Uber come
• Grubhub

Aplicación móvil

La aplicación móvil de Flanigan, lanzada en 2022, admite la gestión de programas de pedidos digitales y fidelización.

Métrica de la aplicación	2024 datos
Descargas totales de aplicaciones	47,500
Usuarios activos mensuales	16,200

Marketing en redes sociales

Flanigan mantiene la presencia activa de las redes sociales en múltiples plataformas.

Plataforma	Recuento de seguidores
Instagram	38,700
Facebook	52,400

Comunicación directa del cliente

Marketing por correo electrónico y campañas de SMS forman canales de comunicación directa clave.

• Base de suscriptores de correo electrónico: 62,300
• Lista de marketing de SMS: 29,500
• Tasa de apertura de correo electrónico promedio: 22.4%
• Tasa promedio de compromiso de SMS: 19.7%

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocio: segmentos de clientes

Residentes locales del sur de Florida

Población del condado de Broward: 1.974,741 (datos del censo de 2021)

Grupo de edad	Porcentaje
18-34 años	27.3%
35-54 años	32.1%
55+ años	40.6%

Entusiastas del deporte

Tamaño del mercado deportivo del sur de Florida: $ 2.3 mil millones (estimación de 2022)

• Las principales ubicaciones de Flanigan's Sports Bar: 13 lugares
• Asistencia promedio de la barra deportiva: 120-180 clientes por noche de juego

Demográfico de adultos jóvenes

Rango de edad objetivo: 21-35 años

Métrico demográfico	Valor
Edad media en el área de servicio	35.2 años
Ingresos anuales disponibles	$48,300

Consumidores de ingresos medios

Rango de ingresos del hogar: $ 45,000 - $ 85,000

• Ingresos familiares promedio en el área de servicio: $ 62,450
• Porcentaje de demográfico objetivo: 37.6%

Miembros de la comunidad del vecindario

Ubicaciones totales de restaurantes y bares: 13 lugares

Tipo de ubicación	Número de lugares
Áreas urbanas	8
Áreas suburbanas	5

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocio: Estructura de costos

Mantenimiento de bienes raíces e instalaciones

A partir del año fiscal 2023, las empresas de Flanigan informaron propiedades y equipos totales de $ 15,412,000. Los costos anuales de mantenimiento y ocupación de la instalación se estima en $ 2,340,000.

Categoría de costos	Gasto anual ($)
Alquiler/arrendamiento	1,240,000
Mantenimiento de la propiedad	680,000
Utilidades	420,000

Salarios y beneficios de los empleados

Los costos laborales totales para 2023 fueron de $ 9,876,000, lo que representa aproximadamente el 35% de los gastos operativos totales.

• Salario promedio por hora: $ 14.25
• Total de empleados: aproximadamente 350
• Costos anuales de seguro de salud: $ 1,240,000

Inventario de alimentos y bebidas

Costo de bienes vendidos (COGS) para el inventario de alimentos y bebidas en 2023: $ 6,540,000.

Categoría de inventario	Costo anual ($)
Inventario de alimentos	4,230,000
Inventario de bebidas	2,310,000

Gastos de marketing y publicidad

Gastos totales de marketing para 2023: $ 672,000.

• Marketing digital: $ 287,000
• Publicidad tradicional: $ 385,000

Costos operativos y administrativos

Gastos administrativos y operativos totales para 2023: $ 3,450,000.

Categoría de costos	Gasto anual ($)
Tecnología y software	540,000
Seguro	620,000
Servicios profesionales	420,000
Material de oficina	180,000
Otros gastos administrativos	1,690,000

Flanigan's Enterprises, Inc. (BDL) - Modelo de negocios: flujos de ingresos

Ventas de comida y bebidas de restaurantes

A partir del año fiscal 2023, Flanigan's Enterprises reportó ventas totales de restaurantes de $ 53.4 millones. El desglose de las fuentes de ingresos incluye:

Categoría de ingresos	Monto ($)	Porcentaje
Venta de alimentos	32,040,000	60%
Ventas de bebidas	21,360,000	40%

Ventas minoristas de licorería

Las ventas minoristas de licorería para Flanigan generaron $ 22.7 millones en ingresos durante 2023, con la siguiente combinación de productos:

• Espíritus: $ 9,080,000
• Cerveza: $ 6,810,000
• Vino: $ 4,555,000
• Otras bebidas: $ 2,255,000

Servicios de catering

Los ingresos de catering para 2023 totalizaron $ 3.2 millones, lo que representa aproximadamente el 3.5% de los ingresos totales de la compañía.

Tarifas de licencia de franquicia

Las tarifas de licencia de franquicia generaron $ 1.5 millones en 2023, con 5 ubicaciones de franquicias activas contribuyendo a este flujo de ingresos.

Alojamiento de eventos e ingresos promocionales

El alojamiento de eventos y las actividades promocionales contribuyeron con $ 1.1 millones a los ingresos de la compañía en 2023, desglosados ​​de la siguiente manera:

Tipo de evento	Ingresos ($)
Alquiler de eventos privados	650,000
Patrocinios promocionales	450,000

Ingresos totales para el año fiscal 2023: $ 81.9 millones

Flanigan's Enterprises, Inc. (BDL) - Canvas Business Model: Value Propositions

You're looking at how Flanigan's Enterprises, Inc. keeps customers coming back across its different operations. The core value is the combination of a casual eatery and a liquor store, which is a unique setup in South Florida.

Integrated one-stop experience: casual dining, sports bar, and retail liquor

The model works by offering three distinct but co-located experiences. For the 39 weeks ending June 28, 2025, the combined revenue from the restaurant/bar side and the package stores was substantial, showing the success of this integration. Restaurant food and bar sales hit $117.732 million for that period, while package store sales reached $36.008 million. This structure lets you grab dinner and a drink, or stock up for home in one stop.

Dual-segment convenience for on-premise and off-premise needs

This convenience drives significant revenue across both segments. For the thirteen weeks ending June 28, 2025, total revenues were $52.164 million. The ability to serve both the on-premise (dining/bar) and off-premise (liquor retail) markets provides a hedge against single-segment volatility. The trailing twelve-month revenue as of June 2025 was reported at $202M.

Here's a look at the revenue contribution from the two main segments based on the 39-week 2025 figures:

Revenue Segment	Amount (39 Weeks Ended 6/28/2025)	Percentage of Total Segmented Revenue
Restaurant Food and Bar Sales	$117.732 million	75.44%
Package Store Sales	$36.008 million	22.99%
Total Segmented Revenue (Restaurant + Package Store)	$153.740 million	98.43%

The total revenue for the 39 weeks was $156.058 million, so the table captures the vast majority of the business.

Consistent quality and value-focused pricing in a casual setting

The value proposition centers on generous portions and reasonable prices in a relaxed atmosphere. While specific margin data for 2025 isn't broken down by quality perception, the company's focus on value is reflected in its operational scale. With 1,990 total employees as of mid-2025, the revenue per employee for the trailing twelve months was approximately $101,433.

The on-premise offering emphasizes this value:

• Food sales represented approximately 78.71% of total restaurant sales in the last reported full fiscal year data.
• Bar sales accounted for approximately 21.29% of total restaurant sales in the last reported full fiscal year data.
• The company aims for abundant portions served in a friendly setting.

Extensive selection of beer, wine, and spirits at Big Daddy's Liquors

Big Daddy's Liquors targets high volume by offering a wide variety of brand name and private label merchandise at discount prices. Package store sales for the 39 weeks ending June 28, 2025, were $36.008 million, showing strong customer demand for the off-premise selection. The package store segment saw a year-over-year increase of 19.00% in Q2 2025 sales, reaching $12.051 million for that quarter.

Strong regional brand identity and high customer loyalty in South Florida

The brand has deep roots in South Florida, operating and franchising units there since 1985. The company reported net income attributable to stockholders of $2.690 million for Q2 2025, indicating profitability that supports brand maintenance and expansion. The stock price as of August 8, 2025, was $31.15, reflecting market confidence in the established regional presence.

Key financial metrics supporting the business structure as of mid-2025 include:

Metric	Value (TTM/Latest Reported)	Context
Trailing Twelve Month Revenue	$202M	Overall business scale
Q2 2025 Net Income	$3.346 million	Profitability supporting operations
Debt / Equity Ratio	0.61	Financial leverage supporting stability

Finance: review Q3 2025 operating expense growth against Q2 2025 revenue growth by end of next week.

Flanigan's Enterprises, Inc. (BDL) - Canvas Business Model: Customer Relationships

Flanigan's Enterprises, Inc. has cultivated a high-loyalty regional position built over decades, operating as a beloved South Florida institution for over 50 years. This longevity in Miami-Dade, Broward, and Palm Beach Counties establishes a deep, familiar connection with the local customer base.

The relationship style shifts distinctly based on the operating segment. At the package liquor stores, branded as Big Daddy's Wine and Liquors, the interaction is primarily transactional. This is evident in the operational structure where only 74 employees supported the package liquor stores as of fiscal year end 2023, compared to 1,712 employees in the restaurants. The focus here is efficient retail sales of alcohol and related items.

Conversely, the full-service restaurant setting, Flanigan's Seafood Bar and Grill, features a personal and high-touch service model. This is where the loyalty engine truly runs. For the 13 weeks ending March 29, 2025, restaurant food and bar sales reached $40.78 million. Active members in the loyalty program spent an average of $87.50 per visit, significantly higher than the $62.30 average for non-members.

Repeat business is driven by a defintely consistent experience, which is quantified by solid same-store sales growth. For the second quarter of 2025, Flanigan's Seafood Bar and Grill locations saw same-store sales growth of 8.3%. This consistency underpins the dual-engine growth strategy, where package store sales also jumped 18.8% year-over-year in Q2 2025.

Community engagement and local marketing efforts reinforce the regional bond:

• Sponsors 12 local youth sports teams annually.
• Annual community investment totals $87,500.
• Provides approximately 50,000 free meal coins and achievement awards to local schools each year.
• Annual local charity donations amount to $45,000.
• Donates $10,000 annually to local Breast Cancer Support organizations.

Here's a quick math comparison showing the resource allocation supporting the different relationship types as of recent reporting periods:

Metric	Full-Service Restaurant (Personal/High-Touch)	Package Liquor Store (Transactional)
Q2 2025 13-Week Sales	$40.78 million	$12.05 million
Employees (FYE 2023)	1,712	74
Sales Growth YoY (Q2 2025)	9.9% (Food and Bar Sales)	18.8% (Package Store Sales)
Loyalty Member Avg. Spend	$87.50 per visit	Not specified for retail transactions

The company's total revenue for the 39 weeks ending June 28, 2025, was $156.058 million, showing that the combined customer experience drives substantial top-line results.

Flanigan's Enterprises, Inc. (BDL) - Canvas Business Model: Channels

Company-owned and operated restaurant locations (Flanigan's) and package liquor stores (Big Daddy's) form the core distribution network, often co-located in dual-segment units.

As of the end of fiscal year 2024, Flanigan's Enterprises, Inc. operated a total of 37 units.

• Company-operated units (restaurants, package stores, combination units, and a sports bar): 32 units.
• Franchised units: 5 units.

The restaurant segment is the primary revenue driver, generating 76.1% of total revenue in the second quarter of 2025.

The following table details the revenue contribution and associated gross profit margins for the primary channels during the second quarter of fiscal year 2025.

Channel Segment	Q2 2025 Revenue Amount	Percentage of Total Q2 2025 Revenue	Q2 2025 Gross Profit Margin
Restaurant Food and Bar Sales	$40.8 million	76.1%	67.23%
Package Store Sales	$12.1 million	22.6%	28.06%

For the 39 weeks ended June 28, 2025, total revenues reached $156.06 million.

Company-owned and operated package liquor stores (Big Daddy's) are branded as Big Daddy's Liquors or Big Daddy's Wine & Liquors, and some are co-located with restaurants.

Franchised restaurant and combination units currently total 5 units. Franchise agreements for package stores historically required franchisees to pay royalties and advertising contributions totaling about 2.5% to 4% of gross sales.

Direct in-store retail sales occur through the Big Daddy's package stores, which sell beer, wine, and spirits off-premise.

Takeout and delivery services are embedded within the restaurant operations, which offer full food service. The company also generates stable, recurring income streams from other sources, such as rental income and franchise fees. Rental Income for the 52 weeks ended September 30, 2023, was $951 thousand. Franchise Related Revenues for the same period were $1,857 thousand.

Flanigan's Enterprises, Inc. (BDL) - Canvas Business Model: Customer Segments

The primary customer base for Flanigan's Enterprises, Inc. is concentrated in the South Florida region, where the company operates its dual-segment model of restaurants and package liquor stores.

Local South Florida residents seeking casual dining and bar experience represent the core of the restaurant segment. For the thirteen weeks ended March 29, 2025, Restaurant Food and Bar Sales accounted for 76.1% of total revenue, equating to $40.8 million out of $53.63 million total revenue for that quarter. Restaurant Food Sales alone were $32.586 million for the thirteen weeks ended March 29, 2025.

Retail customers for off-premise liquor, beer, and wine purchases drive the package store segment, operating under the Big Daddy's Liquors service mark. This segment contributed 22.6% of the total revenue in Q2 2025, amounting to $12.1 million. For the thirteen weeks ended March 29, 2025, Package Store Sales were $12.051 million, a year-over-year increase of 19.00%. For the thirteen weeks ended June 28, 2025, Package Store Sales were reported at $11,522,000.

The company caters to families and groups looking for a value-oriented meal through its Flanigan's Seafood Bar and Grill restaurants. The Trailing Twelve Month (TTM) revenue as of June 30, 2025, was $202 million, indicating a broad customer base supporting this scale.

Sports fans utilizing the sports bar concept are served by the units operating under the Brendan's Sports Pub service mark. Flanigan's Enterprises, Inc. operates a total of 30 units, which includes restaurants, package liquor stores, combination units, and a sports bar, plus franchises an additional five units.

The customer base also includes tourists and seasonal visitors in the regional market, as the operations are headquartered in Fort Lauderdale, Florida.

The relative importance of the two main customer-facing segments, based on Q2 2025 revenue contribution, is detailed below:

Segment Customer Type	Revenue Amount (13 Weeks Ended 3/29/2025)	Percentage of Total Revenue (13 Weeks Ended 3/29/2025)
Restaurant Food and Bar Sales	$40.8 million	76.1%
Package Store Sales	$12.1 million	22.6%

The company employed 1,990 full-time employees as of the reporting period.

Key financial metrics that reflect the scale of serving these segments as of mid-2025 include:

• TTM Revenue (as of June 30, 2025): $202 million.
• TTM Net Income (as of June 30, 2025): $4.32 million.
• Total Revenue (13 Weeks Ended 3/29/2025): $53.632 million.
• Net Income Attributable to Stockholders (Q2 2025): $2.690 million.

Flanigan's Enterprises, Inc. (BDL) - Canvas Business Model: Cost Structure

You're looking at the core expenses that drive Flanigan's Enterprises, Inc. operations, which is key to understanding margin pressure in a high-volume, full-service restaurant and liquor retail model. The cost structure is heavily weighted toward variable costs tied directly to sales.

High Cost of Sales for Food and Liquor Inventory

Cost of merchandise sold is a primary driver of expenses, reflecting the nature of both the restaurant and package liquor store segments. For the fiscal year 2024, total Cost of Merchandise Sold reached $80.0 million. This was split between the restaurant operations and the package goods segment.

Here is the breakdown of the Cost of Merchandise Sold for the full fiscal year 2024:

Cost Component	Amount (FY 2024)
Total Cost of Merchandise Sold	$80.0 million
Restaurant Costs	$49.9 million
Package Goods Costs	$30.1 million

To give you a more recent snapshot, for the 13 weeks ended December 28, 2024, the cost of merchandise sold was $22,510,000. This compares to $19,711,000 in the same period the prior year, showing immediate inflationary impact on inventory costs.

Significant Labor and Payroll Expenses due to Full-Service Model

Labor is the second major cost center, reflecting the full-service nature of the restaurants, which requires more staffing than a limited-service model. For the entire fiscal year 2024, payroll and related costs rose to $59.3 million. This increase was noted as reflecting higher minimum wages and the opening of new locations.

Looking at the most recent reported quarter (13 weeks ended December 28, 2024), payroll and related costs were $15,746,000, up from $14,385,000 the year before.

The labor intensity is evident when comparing payroll to sales:

• Restaurant Food Sales (Q4 2024): $29,126,000 (for the quarter ended Dec 28, 2024)
• Restaurant Bar Sales (Q4 2024): $7,962,000 (for the quarter ended Dec 28, 2024)
• Package Store Sales (Q4 2024): $12,435,000 (for the quarter ended Dec 28, 2024)

Occupancy Costs, Including Rent and Property Expenses

Occupancy costs are relatively fixed in the short term, though lease renewals present a risk. For the full fiscal year 2024, occupancy costs totaled $8.1 million. However, for the specific 13-week period ended December 28, 2024, occupancy costs were reported as $1,954,000, a decrease from $2,164,000 in the prior year's comparable quarter.

Operating Expenses, Including Utilities and Maintenance

Operating expenses cover the day-to-day running of the 32 company-owned units and franchises. For the full fiscal year 2024, these expenses were $24.9 million. For the 13 weeks ended December 28, 2024, operating expenses were $6,554,000, up from $5,913,000 in the prior year's quarter.

More recently, for the fiscal quarter ending June 30, 2025, Operating Expenses were reported at $49.19 million, though this figure appears to be a cumulative or annual figure given its magnitude relative to other quarterly data points.

Selling, General, and Administrative Expenses

SG&A expenses capture overhead not directly tied to cost of sales or operations, such as corporate salaries and advertising. For the full fiscal year 2024, Selling, General, and Administrative expenses increased to $5.3 million. For the 13 weeks ended December 28, 2024, SG&A was $1,494,000, which was an increase from $1,193,000, primarily driven by higher advertising costs.

Here is a comparison of key period-specific expense line items:

Expense Category	Q4 2024 (13 Weeks Ended Dec 28, 2024)	FY 2024 (Full Year)
Occupancy Costs	$1,954,000	$8.1 million
Selling, General, and Administrative Expenses	$1,494,000	$5.3 million
Operating Expenses	$6,554,000	$24.9 million

Finance: draft 13-week cash view by Friday.

Flanigan's Enterprises, Inc. (BDL) - Canvas Business Model: Revenue Streams

You're looking at how Flanigan's Enterprises, Inc. (BDL) brings in its money as of late 2025. The business model relies heavily on its two main operating segments: the restaurants and the package liquor stores.

The total Trailing Twelve-Month (TTM) Revenue, as of June 2025, stood at \$201.85 million, showing solid growth year-over-year. This top-line performance is driven by consistent sales across both core areas.

For the second quarter of 2025 (Q2 2025), which ended June 28, 2025, the total revenue reached \$53.6 million. Here's a breakdown of the key components contributing to that quarterly figure, along with other known income sources:

Revenue Stream Component	Q2 2025 Amount (USD)	Notes
Restaurant food and bar sales	\$40.8 million	Grew 9.9% year-over-year for the quarter.
Package liquor store sales	\$12.1 million	Showed strong 18.8% growth in Q2 2025.
Rental income from leased properties	\$273,000	Declined 12.8% from the prior year's Q2 figure.
Other revenues	\$69,000	Decreased by 8% for the quarter.
Total Reported Q2 2025 Revenue	\$53.6 million	Total for the 13 weeks ended March 29, 2025, was \$53.632 million.

The company's revenue streams are clearly dominated by the dine-in and bar operations, which is typical for this type of integrated business. Still, the package liquor sales are a significant and high-growth contributor.

The outline also requires noting other potential streams, though specific 2025 figures weren't detailed in the same way as the primary segments:

• Restaurant food and bar sales (Q2 2025: \$40.8 million)
• Package liquor store sales (Q2 2025: \$12.1 million)
• Total Trailing Twelve-Month (TTM) Revenue of \$201.85 million (as of June 2025)
• Franchise-related revenues (royalties and fees)
• Rental income from leased properties (Q2 2025: \$273,000)

Franchise-related revenues, which would include royalties and fees, are part of the overall structure, but the specific dollar amount for that stream in 2025 wasn't broken out separately in the immediately available quarterly reports alongside the restaurant and package store figures. Rental income, however, is a concrete, albeit smaller, component of the revenue mix at \$273,000 for the quarter. That's the quick math on where the money is coming from right now.