Flanigan's Announces Earnings

                                           For the 13 weeks  For the 13 weeks

                                            ended January     ended December

                                               1, 2005           27, 2003

    REVENUES



    RESTAURANT FOOD AND

         BEVERAGE REVENUES                  $ 8,177,000         $7,412.000



    PACKAGE GOODS REVENUES                    3,336,000          2,801,000

    FRANCHISE REVENUES                          250,000            319,000

    OWNER'S FEE                                  38,000             54,000

    OTHER OPERATING REVENUE                      24,000             23,000

                                             ----------         ----------

    TOTAL REVENUES                          $11,825,000        $10,609,000

                                            ===========        ===========



    NET PROFIT (LOSS)                          $240,000           $209,000

                                            ===========        ===========

    NET INCOME (LOSS) PER COMMON SHARE

          BASIC EPS                                $.13               $.11

                                            ===========        ==========+

          Diluted EPS                              $.12               $.10