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FLANIGAN'S ENTERPRISES, INC. ANNOUNCES RESULTS

 FORT LAUDERDALE, Fla., Aug. 16 /PRNewswire/ -- Flanigan's Enterprises, Inc. (AMEX: BDL), owners and operators of the "Flanigan's Seafood Bar and Grill" restaurants today announced results for the 13 weeks and the 39 weeks ended July 3, 1993. Restaurant sales increased 26.7 percent and 29.7 percent over the 13 and 39 weeks of the comparable periods last year. The table below sets forth the results on a comparative basis with the 13 weeks and the 39 weeks ended June 27, 1992.
 FLANIGAN'S ENTERPRISES, INC.
 For the 13 weeks For the 13 weeks
 ended July ended June
 3, 1993 27, 1992
 REVENUES
 Restaurant Food and
 Beverage Revenues $ 2,844,000 $ 2,244,000
 Non-restaurant bar revenues 263,000 208,000
 Package Goods Revenues 1,293,000 1,402,000
 Total Revenues $ 4,400,000 $ 3,854,000
 Net profit (loss) $ 261,000(A) $ 237,000(C)
 Net Income (Loss)
 Per Common Share
 Primary $ .25 $ .24
 Fully Diluted $ .25 $ .25
 For the 39 weeks For the 39 weeks
 ended July ended June
 3, 1993 27, 1992
 REVENUES
 Restaurant Food and
 Beverage Revenues $ 8,733,000 $ 6,735,000
 Non-restaurant bar revenues 884,000 838,000
 Package Goods Revenues 5,033,000 5,275,000
 Total Revenues $14,650,000 $12,848,000
 Net profit (loss) $ 978,000(A)(B) $ 636,000(C)(D)
 Net Income (Loss)
 Per Common Share
 Primary $ .93 $ .66
 Fully Diluted $ .93 $ .67
 (A) -- Includes $160,000 from the recovery of bad debts.
 (B) -- Includes $307,000 from the recovery of income taxes.
 (C) -- Includes $310,000 from an insurance recovery.
 (D) -- Includes $85,000 from recovery of a bad debt.
 -0- 8/16/93
 /CONTACT: Joseph G. Flanigan, chairman of the board of Flanigan's Enterprises, Inc., 305-974-9003/
 (BDL)


CO: Flanigan's Enterprises, Inc. ST: Florida IN: LEI REA SU: ERN

JB-AW -- FL012 -- 2951 08/16/93 09:50 EDT
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Publication:PR Newswire
Date:Aug 16, 1993
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