Flanigan’s Announces Earnings

FORT LAUDERDALE, Fla., Feb. 15, 2011 - Flanigan’s Enterprises, Inc., (NYSE Alternext US: BDL) owners and operators of the “Flanigan’s Seafood Bar and Grill” restaurants and “Big Daddy’s” retail liquor stores, today announced results for the 13 weeks ended January 1, 2011. The table below sets forth the results on a comparative basis with the 13 weeks ended January 2, 2010.

                                 For the 13 weeks        For the 13 weeks
                                  ended January 1,        ended January 2,
                                         2011                    2010

    REVENUES
    -

     FOOD AND BAR
     SALES                             $13,760,000             $13,213,000
    PACKAGE STORE SALES                  3,699,000               3,593,000
    FRANCHISE RELATED REVENUES             259,000                 281,000
    OWNER'S FEE                             42,000                  53,000
    OTHER OPERATING INCOME                  28,000                  24,000
                                            ------                  ------
    TOTAL REVENUES                     $17,788,000             $17,164,000
                                       ===========             ===========

    NET INCOME ATTRIBUTABLE TO
     FLANIGAN'S ENTERPRISES,
     INC.                                 $350,000                $288,000
                                          ========                ========
    NET INCOME PER COMMON SHARE
     BASIC AND DILUTED                       $0.19                   $0.15
                                             =====                   =====

SOURCE Flanigan’s Enterprises, Inc.