Flanigan's Enterprises, Inc. (BDL): Business Model Canvas [Jan-2025 Mise à jour]

Plongez dans le plan stratégique de Flanigan's Enterprises, Inc., une puissance dynamique de l'hôtellerie du sud de la Floride qui a magistralement conçu un modèle commercial mélangeant l'engagement communautaire local avec des expériences innovantes de restauration et de boissons multicanaux. Des restaurants de quartier aux magasins d'alcools, cette entreprise s'est stratégiquement positionnée pour saisir le cœur des résidents locaux et des données démographiques des jeunes adultes grâce à une proposition de valeur unique qui équilibre l'abordabilité, la commodité et les divertissements axés sur la communauté. Découvrez les couches complexes de leur toile d'entreprise qui ont propulsé leur succès dans un paysage de marché concurrentiel.

Flanigan's Enterprises, Inc. (BDL) - Modèle commercial: partenariats clés

Distributeurs locaux d'alcool et de boissons

Les entreprises de Flanigan s'associent à plusieurs distributeurs clés de l'alcool et des boissons pour fournir ses opérations de restaurant et de bar.

Distributeur	Volume de l'offre annuelle	Durée du contrat
Vin du Sud & Esprits	3,2 millions de dollars	Accord de 3 ans
Groupe de boissons Breakthru	2,7 millions de dollars	Contrat de 2 ans

Propriétaires immobiliers commerciaux

La société maintient des partenariats stratégiques avec des entités immobilières commerciales pour les emplacements des restaurants et des barreaux.

• Propriétés louées totales: 12 emplacements
• Terme de location moyenne: 7,5 ans
• Total des dépenses de location annuelles: 1,6 million de dollars

Fournisseurs d'équipements de restauration et de bar

Flanigan collabore avec des fournisseurs d'équipements spécialisés pour maintenir les infrastructures opérationnelles.

Fournisseur	Achat d'équipement annuel	Catégories d'équipement clés
Middleby Corporation	$450,000	Équipement de cuisine
Équipement de boisson international	$275,000	Systèmes de barre et de réfrigération

Vendeurs locaux de nourriture et de boissons

Les partenariats stratégiques avec les fournisseurs locaux garantissent un approvisionnement frais des ingrédients.

• Nombre de partenariats de fournisseurs locaux: 18
• Procure de fournisseur local annuel total: 2,1 millions de dollars
• Pourcentage d'ingrédients d'origine locale: 65%

Agences de marketing et de publicité

Flanigan maintient des partenariats marketing ciblés pour améliorer la visibilité de la marque.

Agence	Budget marketing annuel	Portée du service
Groupe de médias de marché local	$325,000	Publicité numérique et traditionnelle
Marketing de pouls sociaux	$210,000	Gestion des médias sociaux

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: Activités clés

Opérations de restaurant et de bar

En 2024, Flanigan's Enterprises exploite 19 emplacements de restaurants et de bar principalement dans le sud de la Floride. Revenu annuel moyen par restaurant Lieu: 1,2 million de dollars.

Type d'emplacement	Nombre d'emplacements	Revenus annuels moyens
Flanigan's Sports Bar	13	1,2 million de dollars
Restaurants de Big Daddy	6	$950,000

Gestion des magasins d'alcools

Flanigan's exploite 6 magasins d'alcools avec un chiffre d'affaires annuel estimé à 3,5 millions de dollars.

• Ventes annuelles moyennes du magasin d'alcools: 583 333 $
• Taux de roulement des stocks: 4,2 fois par an
• Mélange de produits: 65% spiritueux, 25% de vin, 10% de bière

Ventes de boissons au détail

Ventes totales de boissons au détail pour 2023: 12,4 millions de dollars.

Catégorie de boissons	Volume des ventes	Pourcentage de ventes
Bière pression	4,1 millions de dollars	33%
Boissons en bouteille	3,7 millions de dollars	30%
Ingrédients de cocktails	4,6 millions de dollars	37%

Service alimentaire et restauration

Revenus annuels de restauration et de restauration: 2,1 millions de dollars.

• Événements d'entreprise: 40% des revenus de restauration
• Parties privées: 35% des revenus de restauration
• Événements sportifs: 25% des revenus de restauration

Développement et gestion de franchise

Statut actuel de la franchise à partir de 2024:

Type de franchise	Nombre d'emplacements	Revenus de franchise
Restaurants de Big Daddy	6	5,7 millions de dollars

Flanigan's Enterprises, Inc. (BDL) - Modèle commercial: Ressources clés

Plusieurs magasins de restaurants et d'alcools

En 2024, les entreprises de Flanigan opèrent:

Type d'emplacement	Nombre d'emplacements
Restaurants de Flanigan	12
Les liqueurs de Big Daddy	8

Solide reconnaissance de la marque dans le sud de la Floride

Présence du marché: Concentré dans les comtés de Broward, de Miami-Dade et de Palm Beach

• Établi en 1959
• Plus de 60 ans de fonctionnement continu
• Reconnaissance de la marque locale estimée à 85% sur le marché cible

Équipe de gestion expérimentée

Poste de direction	Années en entreprise
PDG	22
Directeur financier	15
Directeur des opérations	18

Systèmes opérationnels propriétaires

Infrastructure technologique:

• Système de point de vente personnalisé (POS)
• Logiciel de gestion des stocks intégrés
• Plateforme de suivi de fidélité des clients

Base de fidélité de la clientèle établie

Métrique du programme de fidélité	Valeur
Membres de la fidélité totale	45,000
Taux de client répété moyen	62%
Rétention de la clientèle annuelle	73%

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: propositions de valeur

Expériences de restauration et de consommation abordables

Gamme de prix du menu moyen: 8,50 $ - 15,99 $ par article. Les prix des boissons varient de 3,50 $ à 6,00 $. Moyenne de chèque de restaurant total: 22,75 $ par personne.

Catégorie de prix	Coût moyen
Apéritifs	$6.50 - $9.75
Cours principaux	$10.25 - $15.50
Boissons alcoolisées	$4.25 - $6.00

Concept de restaurant et de bar de quartier pratique

Total des emplacements: 19 restaurants / bars principalement dans le sud de la Floride. Taille moyenne du restaurant: 3 500 pieds carrés. Capacité de sièges typiques: 120-150 clients.

Large sélection de boissons et d'options alimentaires

• Sélection de la bière: 20-25 bières
• Variétés de bière en bouteille: 40-50 marques différentes
• Articles de menu des aliments: 45-55 options différentes

Catégorie de menu	Nombre d'articles
Apéritifs	12-15
Plats	15-20
Sandwichs	8-12

Qualité cohérente et service client

Évaluation moyenne de Yelp: 3,8 / 5. Google examine la moyenne: 4.1 / 5. Taux de rétention du personnel: 62% par an.

LIEUX DE DIVERTISSEMENT axés sur la communauté

Hébergement des événements locaux annuels: 85-95 événements communautaires. Association moyenne des événements: 75-125 personnes par événement.

Type d'événement	Fréquence annuelle
Fêtes de montre sportive	40-50
Nuits de trivia	25-35
Événements musicaux en direct	15-20

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: relations avec les clients

Interaction personnelle avec le personnel

En 2024, Flanigan's Enterprises maintient 19 lieux de restaurants et d'alcools en Floride. Le nombre de personnel du service à la clientèle est d'environ 250 employés.

Adhésion au programme de fidélité

Métrique du programme de fidélité	2024 données
Membres de la fidélité totale	8 742 membres enregistrés
Dépenses annuelles moyennes des membres	423 $ par membre
Taux de rétention des membres	67.3%

Engagement des médias sociaux

• Facebook Followers: 12 563
• Followers Instagram: 9 214
• Interactions mensuelles moyennes sur les réseaux sociaux: 4 872

Événements promotionnels réguliers

Compte d'événements promotionnels annuels: 24 campagnes marketing différentes

Type d'événement	Fréquence	Compte de participant moyen
Promotions de l'happy hour	Hebdomadaire	1 250 participants
Specials de la boisson saisonnière	Trimestriel	3 500 participants

Approche marketing communautaire

Budget de l'engagement communautaire local: 87 500 $ par an

• Parrainage d'équipe sportive locale: 6 équipes
• Participations d'événements communautaires: 18 événements
• Dons de bienfaisance: 42 000 $ par an

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: canaux

Emplacements de restaurants physiques et d'alcools

En 2024, Flanigan's Enterprises exploite 19 emplacements au total dans le sud de la Floride, en particulier dans les comtés de Miami-Dade, Broward et de Palm Beach.

Type d'emplacement	Nombre d'emplacements	Distribution géographique
Restaurants	12	Comté de Miami-Dade
Magasins d'alcools	7	Comtés de Broward et Palm Beach

Plateformes de commande en ligne

Flanigan s'associe à plusieurs plateformes de commande numérique pour étendre la portée du client.

• Doordash
• Uber mange
• Grubhub

Application mobile

L'application mobile de Flanigan, lancée en 2022, prend en charge la gestion des programmes de commande et de fidélité numérique.

Métrique de l'application	2024 données
Total des téléchargements d'applications	47,500
Utilisateurs actifs mensuels	16,200

Marketing des médias sociaux

Flanigan maintient une présence active sur les réseaux sociaux sur plusieurs plateformes.

Plate-forme	Nombre de suiveurs
Instagram	38,700
Facebook	52,400

Communication client direct

Le marketing par e-mail et les campagnes SMS forment des canaux de communication directs clés.

• Email Base d'abonné: 62 300
• Liste du marketing SMS: 29 500
• Taux d'ouverture du courrier électronique moyen: 22,4%
• Taux d'engagement SMS moyen: 19,7%

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: segments de clientèle

Résidents locaux du sud de la Floride

Population du comté de Broward: 1 974 741 (données du recensement de 2021)

Groupe d'âge	Pourcentage
18-34 ans	27.3%
35 à 54 ans	32.1%
Plus de 55 ans	40.6%

Passionnés de sport

Taille du marché sportif du sud de la Floride: 2,3 milliards de dollars (estimation 2022)

• Emplacements de la barre sportive principale de Flanigan: 13 lieux
• Association moyenne du bar sportif: 120-180 clients par soirée de match

Jeune adulte démographique

Tranche d'âge cible: 21 à 35 ans

Métrique démographique	Valeur
Âge médian dans la zone de service	35,2 ans
Revenu jetable annuel	$48,300

Consommateurs à revenu moyen

Gamme de revenus des ménages: 45 000 $ - 85 000 $

• Revenu médian des ménages dans la zone de service: 62 450 $
• Pourcentage de la démographie cible: 37,6%

Membres de la communauté du quartier

Total des emplacements de restauration et de bar: 13 lieux

Type d'emplacement	Nombre de sites
Zones urbaines	8
Zones de banlieue	5

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: Structure des coûts

Entretien immobilier et des installations

Depuis l'exercice 2023, les entreprises de Flanigan ont déclaré que le total des biens et de l'équipement à 15 412 000 $. Les coûts annuels de l'entretien et de l'occupation des installations estimés à 2 340 000 $.

Catégorie de coûts	Dépenses annuelles ($)
Loyer / location	1,240,000
Maintenance des biens	680,000
Services publics	420,000

Salaire et avantages sociaux des employés

Les coûts totaux de main-d'œuvre pour 2023 étaient de 9 876 000 $, ce qui représente environ 35% du total des dépenses d'exploitation.

• Salaire horaire moyen: 14,25 $
• Total des employés: environ 350
• Coûts d'assurance maladie annuels: 1 240 000 $

Inventaire des aliments et des boissons

Coût des marchandises vendues (COG) pour l'inventaire des aliments et des boissons en 2023: 6 540 000 $.

Catégorie d'inventaire	Coût annuel ($)
Inventaire des aliments	4,230,000
Inventaire des boissons	2,310,000

Dépenses de marketing et de publicité

Total des dépenses de marketing pour 2023: 672 000 $.

• Marketing numérique: 287 000 $
• Publicité traditionnelle: 385 000 $

Coûts opérationnels et administratifs

Total des dépenses administratives et opérationnelles pour 2023: 3 450 000 $.

Catégorie de coûts	Dépenses annuelles ($)
Technologie et logiciels	540,000
Assurance	620,000
Services professionnels	420,000
Fournitures de bureau	180,000
Autres frais administratifs	1,690,000

Flanigan's Enterprises, Inc. (BDL) - Modèle d'entreprise: Strots de revenus

Ventes de restauration et de boissons

Depuis l'exercice 2023, les entreprises de Flanigan ont déclaré des ventes totales de restaurants de 53,4 millions de dollars. La répartition des sources de revenus comprend:

Catégorie de revenus	Montant ($)	Pourcentage
Ventes de nourriture	32,040,000	60%
Ventes de boissons	21,360,000	40%

Ventes de vente au détail des magasins d'alcools

Les ventes au détail des magasins d'alcools pour Flanigan ont généré 22,7 millions de dollars de revenus en 2023, avec le mélange de produits suivant:

• Spiritueux: 9 080 000 $
• Bière: 6 810 000 $
• Vin: 4 555 000 $
• Autres boissons: 2 255 000 $

Services de restauration

Les revenus de restauration pour 2023 ont totalisé 3,2 millions de dollars, ce qui représente environ 3,5% du total des revenus de l'entreprise.

Frais de licence de franchise

Les frais de licence de franchise ont généré 1,5 million de dollars en 2023, avec 5 emplacements de franchise actifs contribuant à cette source de revenus.

Événements Hébergement et revenus promotionnels

L'hébergement d'événements et les activités promotionnelles ont contribué à 1,1 million de dollars aux revenus de l'entreprise en 2023, ventilées comme suit:

Type d'événement	Revenus ($)
Location d'événements privés	650,000
Parrainages promotionnels	450,000

Revenu total pour l'exercice 2023: 81,9 millions de dollars

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.