Flanigans Enterprises Inc (NYSE: BDL)

Flanigan’s Enterprises, Inc. operates 32 company-owned or controlled units consisting of restaurants, package liquor stores, combination restaurant/package liquor stores, and a sports bar, while franchising an additional five units under the same brand concepts, all primarily located in Florida. The company generates revenue through the sale of food and alcoholic beverages at its restaurants, the sale of liquor and related items at its package liquor stores, franchise royalties, and management fees from limited partnership arrangements. Flanigan’s Enterprises, Inc. operates through the following segments: restaurant operations and package liquor store operations. Restaurant operations include the management and ownership of full-service restaurants and sports bars that serve food and alcoholic beverages under the service marks Flanigan’s Seafood Bar and Grill or Flanigan’s. Package liquor store operations involve the ownership and management of standalone liquor stores that sell distilled spirits, wine, beer, and related retail items under the service marks Big Daddy’s Liquors or Big Daddy’s Wine & Liquors. The company holds a competitive position in the casual dining and retail liquor sectors in South Florida, benefiting from brand recognition, operational control over both food and alcohol sales channels, and long-standing customer loyalty. Flanigan’s Enterprises, Inc. serves individual consumers seeking casual dining experiences and packaged liquor products, with no specific customer names disclosed in the filing.

• Restaurant operations: This segment encompasses the ownership, management, and franchising of full-service dining establishments and sports bars that prepare and serve food items including entrees, appetizers, and non-alcoholic beverages, as well as alcoholic beverages such as beer, wine, and cocktails, primarily under the Flanigan’s Seafood Bar and Grill and Flanigan’s brand names.

• Package liquor store operations: This segment involves the ownership and management of retail outlets that sell packaged liquor, wine, beer, and related convenience items for off-premise consumption, primarily under the Big Daddy’s Liquors and Big Daddy’s Wine & Liquors brand names.

Flanigan’s Enterprises, Inc. maintains a strong regional presence in the competitive casual dining and packaged liquor markets of Southeast Florida, where it contends with national restaurant chains and independent liquor retailers by leveraging its dual-format business model that integrates food and alcohol sales under complementary brands.

The company serves individual consumers who visit its restaurants for dine-in meals and alcoholic beverages, as well as customers who purchase packaged liquor, wine, and beer from its retail locations for off-site consumption, with no specific customer names identified in the provided filing.