Flanigan's Enterprises, Inc
Flanigan’s Enterprises, Inc. operates a South Florida-focused chain of restaurants, sports bars, package liquor stores, and combination restaurant/liquor locations under the Flanigan’s and Big Daddy’s brands. The company also earns franchise royalties, advertising fees, and management fees from franchised and partnership-owned units, making it both an operator and a brand/licensing business.
Tilikausi 2025 · muutos edellisvuodesta
Kehitys 2020–2025
Liiketoiminta
Osuus liikevaihdostaFull-service restaurants and sports bar concepts operated directly by the company or controlled partnerships.
Standalone liquor stores selling branded and private-label beer, wine, and spirits at competitive prices.
Locations that combine restaurant dining with package liquor retail in one site.
Royalties, advertising fees, and service-mark fees earned from franchised or partnership-operated units.
Management fees and rental income tied to limited partnerships and related restaurant properties.
Tuotteet
Raportoitu · osuus liikevaihdosta- Restaurant76,7 %
- Package22,4 %
- Franchise Related Revenues0,8 %
Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.
Asiakkaat
Customers are primarily local consumers in South Florida who buy casual dining, takeout, delivery, and liquor retail products. The company also serves franchisees and limited-partnership restaurant operators through brand licensing, management, and support services. Digital ordering customers have become more important, especially for delivery and pickup tied to restaurant and package-store sales.
Buy dine-in, takeout, and digital-order meals at Flanigan’s restaurants and sports bar locations because of the brand, menu, and convenience.
Purchase beer, wine, and spirits from Big Daddy’s stores for value pricing and broad selection.
Order food and liquor through third-party and online platforms for convenience and speed.
Pay royalties and advertising fees to operate under the Flanigan’s service marks.
Use the Flanigan’s brand and management platform to run partnership-owned restaurants.
Strategia
The company is focused on growing its digital business, maintaining traffic in core restaurant and liquor formats, and selectively adding new locations in Florida. It is also using limited partnerships and franchise arrangements to expand brand reach while sharing capital requirements and generating recurring fee income.
Digital sales are becoming a larger part of revenue and require technology and marketing support.
New sites can add growth while keeping the business within a familiar operating region.
These structures support growth with lower direct capital needs and recurring fee income.
Maantiede
The business is concentrated in Florida, especially South Florida, where nearly all company-owned, partnership-owned, and franchised units operate. This geographic concentration makes the company highly dependent on local consumer demand, labor availability, weather, and Florida regulatory conditions. The company is still expanding selectively in-state, including land acquisition for a future restaurant site in Cutler Bay.
Riskit
The company is exposed to inflation in food, beverage, fuel, and labor costs, which can pressure restaurant and liquor margins. Its concentrated Florida footprint also leaves it vulnerable to local weather, permitting, labor availability, and consumer demand shifts, while digital growth depends on third-party delivery platforms and technology reliability.
- Inflation and supply chain pressureVaikutus: KorkeaTodennäköisyys: Kohtalainen
Higher input costs can outpace pricing and reduce restaurant and retail margins.
Kohdistuu - Florida geographic concentrationVaikutus: Korkea
Most revenue and operations are tied to one state, so local shocks can affect traffic and costs.
Kohdistuu - Third-party delivery dependenceVaikutus: KeskitasoTodennäköisyys: Kohtalainen
Platform outages, fee increases, or lower platform visibility can reduce digital orders.
Kohdistuu: Restaurant delivery and package-store delivery
- Site development and permitting riskVaikutus: KeskitasoTodennäköisyys: Matala
Openings depend on suitable locations, zoning, contractors, and construction timing.
Kohdistuu: New restaurant and store expansion
- Interest rate exposureVaikutus: KeskitasoTodennäköisyys: Matala
Borrowings are subject to rate fluctuations, though swaps are used to manage part of the risk.
Kohdistuu: Variable-rate debt and hedging
Kirjanpito
Harkinnanvaraiset erätDifferent revenue types have different recognition triggers, affecting timing and mix.
Vaikutus: Restaurant sales, liquor sales, royalties, management fees, rental income
Ownership and control determine whether restaurant results are fully consolidated or shown as equity income.
Vaikutus: Reported revenue and operating margin
Restaurant and store locations are lease-intensive, so lease terms affect liabilities and expense timing.
Vaikutus: Operating lease assets and liabilities
Hedging affects how borrowing costs are presented and can create valuation adjustments.
Vaikutus: Interest expense and derivative fair value
New site investments and long-lived assets require judgment on recoverability.
Vaikutus: Potential write-downs of property and development costs
Samankaltaisia listattuja yhtiöitä
Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.
Seaport Entertainment Group Inc.
SEG · Services-Miscellaneous Amusement & Recreation
Ferrellgas Partners L P
FGPR · Retail-Miscellaneous Retail
Fat Brands, Inc
FATAQ · Retail-Eating Places
FAT Brands is a restaurant franchising company that owns and develops a portfolio of 18 brands spanning quick-service, fast casual, casual dining, and polished casual concepts.
Consolidated Water Co. Ltd.
CWCO · Water Supply
Consolidated Water Co.
Air Water Ventures Ltd
WATR · Beverages
Air Water Ventures Ltd is a United States-linked beverage company built around A1R water, a packaged drinking water business sourced from atmospheric humidity rather than traditional groundwater.
Farmer Brothers Co
FARM · Miscellaneous Food Preparations & Kindred Products
Farmer Brothers is a U.S.-based coffee and beverage company that roasts, wholesales, and distributes coffee, tea, and allied products under its own brands and private labels.
Päivitetty: 24.9.2026