Its Burger Time Restaurant 10-Q 21 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 28, 2015	Aug. 18, 2015
Document And Entity Information
Entity Registrant Name	ITS BURGER TIME RESTAURANT GROUP, INC.
Entity Central Index Key	1,412,068
Document Type	10-Q
Document Period End Date	Jun. 28, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	Yes
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		11,000,000
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 28, 2015	Dec. 28, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 337,710	$ 259,989
Receivables	40,892	21,457
Employee Receivable	2,200	4,100
Inventory	45,818	49,414
Prepaid Insurance	5,970	1,788
TOTAL CURRENT ASSETS	432,590	336,748
PROPERTY AND EQUIPMENT - net	836,035	882,699
TOTAL ASSETS	1,268,625	1,219,447
CURRENT LIABILITIES
Current Maturities of Long-Term Debt	167,692	161,314
Accounts Payable	219,184	133,767
Accrued Expenses	123,985	189,196
Accrued Distributions	14,000	$ 40,000
Income Taxes Payable	61,000
TOTAL CURRENT LIABILITIES	585,861	$ 524,277
LONG-TERM LIABILITIES
Long-Term Notes Payable, Less Current Maturities	606,054	$ 692,032
Deferred Income Taxes	72,000
TOTAL LONG-TERM LIABILITIES	678,054	$ 692,032
TOTAL LIABILITIES	1,263,915	1,216,309
STOCKHOLDERS' EQUITY	4,710	3,138
TOTAL LIABILITIES AND STOCKHOLDER'S DEFICIT	$ 1,268,625	$ 1,219,447

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Condensed Consolidated Statements Of Operations
SALES	$ 1,639,047	$ 1,482,911	$ 2,896,224	$ 2,545,928
Restaurant Operating Expenses
Food and Paper Costs	645,378	602,504	1,169,042	1,022,033
Labor Costs	435,122	432,054	819,674	779,972
Occupancy Costs	63,178	64,423	131,544	132,747
Other Operating Expenses	128,595	108,972	214,388	194,550
Depreciation	44,199	25,111	54,855	50,222
Selling, General and Administrative	143,275	126,264	256,493	205,965
Total Costs and Expenses	1,459,747	1,359,328	2,645,996	2,385,489
Loss from operations	179,300	123,583	250,228	160,439
INTEREST EXPENSE	(12,000)	(14,290)	(24,702)	(29,062)
INCOME BEFORE INCOME TAX EXPENSE	167,300	$ 109,293	225,526	$ 131,377
INCOME TAX EXPENSE	(133,000)		(133,000)
NET INCOME	$ 34,300	$ 109,293	$ 92,526	$ 131,377
EARNINGS PER SHARE
Shares Outstanding, Basic and Diluted	$ 11,000,000	$ 11,000,000	$ 11,000,000	$ 11,000,000
Earnings Per Share	$ 0.003	$ 0.01	$ 0.008	$ 0.012

CONDENSED CONSOLIDATED STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$ 92,526	$ 131,377
Adjustments to Reconcile Net Income to Net Cash From Operating Activities:
Depreciation	54,855	$ 50,222
Deferred Income Tax	72,000
Changes in Operating Assets and Liabilities:
Receivables	(19,435)	$ 17
Employee Receivable	1,900
Inventory	3,596	$ (5,104)
Prepaid Insurance	(4,182)	(9,435)
Accounts Payable	85,417	(25,200)
Accrued Expenses	(65,211)	$ 20,510
Income Taxes Payable	61,000
NET CASH FROM OPERATING ACTIVITIES	282,466	$ 162,387
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of Property and Equipment	(8,191)	(30,398)
NET CASH USED IN INVESTING ACTIVITIES	(8,191)	(30,398)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal Payments on Long-Term Debt	(79,600)	(75,240)
Distributions to Members/Shareholders	(116,954)	(63,151)
NET CASH USED IN FINANCING ACTIVITIES	(196,554)	(138,391)
CHANGE IN CASH AND CASH EQUIVALENTS	77,721	(6,402)
CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD	259,989	186,972
CASH AND CASH EQUIVALENTS, END OF THE PERIOD	337,710	180,570
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash Paid for Interest	$ 24,702	$ 29,062

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 1 - BASIS OF PRESENTATION	The consolidated financial statements of the It’s Burger Time Restaurant Group, Inc. and its subsidiary (the “Company”) for the six-month periods ended June 28, 2015 and June 29, 2014 are unaudited and reflect all adjustments consisting of normal recurring adjustments which are, in the opinion of management, necessary for a fair presentation of the financial position and operating results for the interim period. The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto, contained in the Company’s Report on Form 8-K for the fiscal year ended December 28, 2014. The results of operations for the six-month period ended June 28, 2015, are not necessarily indicative of the results for the entire fiscal year ending December 27, 2015.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Nature of Operations It’s Burger Time Restaurant Group, Inc. and its subsidiary (the “Company”) develop and operate company owned fast-food burger restaurants, with locations in Minnesota, North Dakota, and South Dakota. The Company owned and operated eight restaurants in 2015 and 2014. In April 2015, the Company entered into a lease agreement for a ninth location and is currently in the process of opening this location for operations. See Note 9, “Related Party Lease”. Principles of Consolidation The accompanying consolidated financial statements include the accounts of It’s Burger Time Restaurant Group and its 100% owned subsidiary BTND, LLC. In addition, BTND, LLC owns 99% of BTND West, LLC. Significant intercompany accounts and transactions have been eliminated in consolidation. The 1% minority ownership of BTND West, LLC is not material and the Company has not presented the corresponding non-controlling interest within the consolidated financial statements. Income Taxes For the calendar year 2014 and through April 23, 2015 (effective date of merger, see Note 7), BTND, LLC operated and was treated as a limited liability company for federal and state income tax laws which provide that, in lieu of corporation income taxes, the members separately account for their prorata shares of the Company’s items of income, deductions, losses and credits. Therefore, these statements do not include any provisions for income taxes related to the Company for these relevant periods. On April 23, 2015, the effective time of the merger (see Note 7), BTND, LLC became a wholly-owned subsidiary of a corporation organized under the laws of the State of Nevada. Accordingly, the Company began to account for income taxes in accordance with the standards on income taxes. As prescribed by these standards, the Company utilizes the asset and liability method of accounting for income taxes. Under this asset and liability method, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the consolidated financial statements carrying amounts of existing assets and liabilities, and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. See Note 8, “Income Taxes”. For the year ended December 27, 2015, the Company will file consolidated federal, Minnesota and North Dakota income tax returns. The Company does not have any significant tax uncertainties that would require recognition or disclosure in the consolidated financial statements. The Company’s tax return are not currently being examined. With few exceptions, the Company is no longer subject to U.S. federal, Minnesota or North Dakota income tax examinations by tax authorities for years before 2012. Reportable Segments The Company’s restaurants are under the same trade name and are in the same geographical area. Because these restaurants have similar economic characteristics, the Company evaluates operating performance on an overall basis. Therefore, the Company’s restaurants are classified as one reportable segment.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 3 - SUBSEQUENT EVENT	The Company has evaluated subsequent events through August 19, 2015, the date which the consolidated statements were available to be issued.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 4 - PROPERTY AND EQUIPMENT	Property and equipment consisted of the following at: June 28, December 28, 2015 2014 Land $ 266,285 $ 266,285 Equipment 1,476,594 1,468,403 Building 527,224 527,224 Vehicles 52,855 52,855 2,322,958 2,314,767 Accumulated Depreciation (1,486,923 ) (1,432,068 ) $ 836,035 $ 882,699 Depreciation expense for the six months ended June 28, 2015 and June 29, 2014 was $54,855 and $50,222, respectively.

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 5 - LONG-TERM DEBT	The Company had the following long-term debt obligations: June 28, December 28, 2015 2014 Note payable, with variable interest at prime plus 1.75% (minimum 5.00%), currently at 5.00%, payable in variable monthly installments, including interest through November 8, 2018, secured by all Company assets and the personal guaranty of a shareholder. $ 193,178 $ 218,765 Unsecured note payable to related party with interest at 6.25%, payable in monthly installments of $12,242, including interest through June 1, 2020. Note paid in full with transfer of properties (See Note 6). - 634,581 Note payable, secured by buildings located in Minnesota, payable in monthly installments of $3,710, including interest at 6.25%. Due June 2020. 142,028 - Note payable, secured by buildings located in North Dakota, payable in monthly installments of $8,532, including interest at 6.25%. Due June 2020. 438,540 - 773,746 853,346 Current Maturities (167,692 ) (161,314 ) Total $ 606,054 $ 692,032 Long-term debt is expected to mature as follows: 2015/2016 $ 167,692 2016/2017 177,173 2017/2018 187,832 2018/2019 142,228 2019/2020 98,821 $ 773,746

CONTINGENCIES

CONTINGENCIES	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 6 - CONTINGENCIES	The Company acquired its properties as a result of an asset purchase agreement in May 2007. By reason of drafting oversight, the agreement originally executed was with a seller subsidiary that did not own the assets being sold at that time. In April 2015, the seller and the Company entered into an amendment to the original agreement to correct this drafting oversight. As part of the transaction, general warranty deeds were issued to the Company at the time of closing with the understanding the seller would not record them until such time consent was given by the seller’s lender to transfer the properties. In May 2015, the seller's lender provided such consent. Prior to receiving consent to transfer the properties, the Company had estimated it would owe up to $67,514 for early payment penalties and other fees since the seller of the properties did not appear to have the financial resources to satisfy such amounts that could have been owed. The properties have now been transferred and no such amounts were owed as the lender allowed the transfer of the related debt to BTND, LLC. As a result, the estimated liability has been reversed and is reflected in general and administrative expenses on the consolidated statements of operations in the three and six month period ended June 28, 2015.

MERGER

MERGER	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 7 - MERGER	On April 6, 2015, Pretoria Resources, Inc. (a public shell company; later changed its name to It’s Burger Time Restaurant Group, Inc.) entered into an Agreement and Plan of Merger (Agreement) with BTND, LLC and Titan Asset Advisors LLC, (as to certain limited provisions). BTND Merger Sub, LLC (a wholly-owned subsidiary of Pretoria Resources, Inc.) merged with and into the BTND, LLC, with the BTND, LLC remaining as the surviving entity and becoming a wholly-owned operating subsidiary of Pretoria Resources, Inc. At the effective time of the merger, the legal existence of BTND Merger Sub LLC ceased and all of the outstanding membership interests in the Company immediately prior to the effective time of merger were cancelled, and a membership interest in BTND, LLC was issue to Pretoria Resources, Inc. Simultaneously, Pretoria Resources, Inc. issued to the former members of BTND, LLC, in consideration of the cancellation of their membership interests, an aggregate of 9,911,000 restricted shares of Pretoria Resource, Inc.’s common stock, par value $0.0001 per share, equal to 90.1% of the total number of shares of common stock outstanding after giving effect to the merger. Under the Agreement, the merger may be unwound and the merger agreement terminated and cancelled in the event that the Company has not received gross proceeds from an offering of its securities equal to at least $2 million by a date that is 90 days after the closing of the merger, upon the determination of the members of the Company. The Agreement has since been modified to allow until September 4, 2015 for the Company to receive the gross proceeds of said offering of its securities equal to at least $2 million. Under the Agreement, BTND, LLC issued to Titan a promissory note in the principal amount of $199,000 as additional consideration. This note is payable from proceeds received by the Company from the first sale of securities by the Company after the effective time (as defined in the Agreement) from which it receives gross proceeds equal to at least $2 million. The note bears interest at the rate of 1% per annum. Because BTND, LLC owners as a group retained or received the larger portion of the voting rights in the consolidated entity and the Company’s management represents a majority of the management of the consolidated entity, BTND, LLC is considered the acquirer for accounting purposes and the Company accounted for the transaction as a reverse acquisition. The acquisition is accounted for as a recapitalization, since at the time of the transaction, Pretoria Resources, Inc. was a company with no or nominal operations, assets and liabilities. Consequently, the assets and liabilities and the historical operations reflected in future consolidated financial statements will be those of BTND, LLC at its historical cost basis. The effect of the merger on earnings per share as presented on the consolidated statements of operations is based on the conversion rate of common stock for the membership interests of the Company and additional shares issued, retrospectively adjusted for presentation purposes, for the periods ended June 29, 2014.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 8 - INCOME TAXES	For calendar year 2014 and through April 23, 2015, the taxable income (or loss) of BTND, LLC, a limited liability company, was allocated to its members. Therefore, no provision or liability for income taxes has been included in these consolidated financial statements for these relevant periods. As a result of the merger and becoming a taxable entity, the Company recorded a deferred tax liability of $89,000, by a debit to income tax expense, for temporary differences between financial reporting and the income tax basis of the existing assets and liabilities at that date. Income tax provision for the six and three month period ended June 28, 2015 consists of the following: June 28, 2015 Current tax expense $ 61,000 Deferred tax expense: Effect of change in tax status 89,000 Change in net deferred tax liability (17,000 ) Deferred tax expense 72,000 Total income tax expense $ 133,000 The reconciliation of the results of applying the Company’s effective statutory federal income tax rate of 35% for six months ended June 30, 2015 and June 29, 2014 to the Company’s income before taxes and the Company’s provision for income taxes is as follows: June 30, June 29, 2015 2014 Federal Income Taxes 35.0 % (35.0) % State Income Taxes 5.0 % (5.0) % Effect of change in tax status 39.5 % - Nontaxable (income) loss of LLC (20.5) % 40.0 % 59.0 % 0.0 % For federal and New York income tax purposes, the Company has approximately $130,000 of net operating loss carryforwards that expire through 2030. Deferred tax assets are reduced by a valuation allowance when applicable. A valuation allowance is provided if, based upon available evidence, it is more likely than not that some or all of the deferred tax asset will not be realized. Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities consisted of the following as of June 28, 2015: June 28, 2015 Net Operating Loss Carryforwards $ 44,000 Valuation Allowance (44,000 ) Deferred Tax Assets $ - Property and Equipment $ (72,000 ) Deferred Tax Liabilities $ (72,000 ) Net Deferred Tax Liability $ (72,000 )

RELATED PARTY LEASE

RELATED PARTY LEASE	6 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
NOTE 9 - RELATED PARTY LEASE	On April 1, 2015 the Company entered into a lease agreement with BTND Checkers LLC for a possible restaurant property located in West St Paul, Minnesota. BTND Checkers LLC is majority owned by the controlling shareholders of the Company. The lease expires March 2017 and requires monthly base rent payments are $4,500. The lease is a triple-net lease, and therefore all expenses related to the operation, maintenance and upkeep of the property are to be paid by the Company. The base rent due under the lease is summarized as follows: Year Annual Base Rent 2015 $ 40,500 2016 54,000 2017 13,500 Total $ 108,000 Total rent expense charged to the operations of the Company for the six month and three months ended June 28, 2015 was $13,500.

SUMMARY OF SIGNIFICANT ACCOUN14

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 28, 2015
Summary Of Significant Accounting Policies Policies
Nature of Operations	It’s Burger Time Restaurant Group, Inc. and its subsidiary (the “Company”) develop and operate company owned fast-food burger restaurants, with locations in Minnesota, North Dakota, and South Dakota. The Company owned and operated eight restaurants in 2015 and 2014. In April 2015, the Company entered into a lease agreement for a ninth location and is currently in the process of opening this location for operations. See Note 9, “Related Party Lease”.
Principles of Consolidation	The accompanying consolidated financial statements include the accounts of It’s Burger Time Restaurant Group and its 100% owned subsidiary BTND, LLC. In addition, BTND, LLC owns 99% of BTND West, LLC. Significant intercompany accounts and transactions have been eliminated in consolidation. The 1% minority ownership of BTND West, LLC is not material and the Company has not presented the corresponding non-controlling interest within the consolidated financial statements.
Income Taxes	For the calendar year 2014 and through April 23, 2015 (effective date of merger, see Note 7), BTND, LLC operated and was treated as a limited liability company for federal and state income tax laws which provide that, in lieu of corporation income taxes, the members separately account for their prorata shares of the Company’s items of income, deductions, losses and credits. Therefore, these statements do not include any provisions for income taxes related to the Company for these relevant periods. On April 23, 2015, the effective time of the merger (see Note 7), BTND, LLC became a wholly-owned subsidiary of a corporation organized under the laws of the State of Nevada. Accordingly, the Company began to account for income taxes in accordance with the standards on income taxes. As prescribed by these standards, the Company utilizes the asset and liability method of accounting for income taxes. Under this asset and liability method, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the consolidated financial statements carrying amounts of existing assets and liabilities, and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. See Note 8, “Income Taxes”. For the year ended December 27, 2015, the Company will file consolidated federal, Minnesota and North Dakota income tax returns. The Company does not have any significant tax uncertainties that would require recognition or disclosure in the consolidated financial statements. The Company’s tax return are not currently being examined. With few exceptions, the Company is no longer subject to U.S. federal, Minnesota or North Dakota income tax examinations by tax authorities for years before 2012.
Reportable Segments	The Company’s restaurants are under the same trade name and are in the same geographical area. Because these restaurants have similar economic characteristics, the Company evaluates operating performance on an overall basis. Therefore, the Company’s restaurants are classified as one reportable segment.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 28, 2015
Property And Equipment Tables
Summary of property and equipment	Property and equipment consisted of the following at: June 28, December 28, 2015 2014 Land $ 266,285 $ 266,285 Equipment 1,476,594 1,468,403 Building 527,224 527,224 Vehicles 52,855 52,855 2,322,958 2,314,767 Accumulated Depreciation (1,486,923 ) (1,432,068 ) $ 836,035 $ 882,699

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
	Jun. 28, 2015
Long-term Debt Tables
Following long-term debt obligations	The Company had the following long-term debt obligations: June 28, December 28, 2015 2014 Note payable, with variable interest at prime plus 1.75% (minimum 5.00%), currently at 5.00%, payable in variable monthly installments, including interest through November 8, 2018, secured by all Company assets and the personal guaranty of a shareholder. $ 193,178 $ 218,765 Unsecured note payable to related party with interest at 6.25%, payable in monthly installments of $12,242, including interest through June 1, 2020. Note paid in full with transfer of properties (See Note 6). - 634,581 Note payable, secured by buildings located in Minnesota, payable in monthly installments of $3,710, including interest at 6.25%. Due June 2020. 142,028 - Note payable, secured by buildings located in North Dakota, payable in monthly installments of $8,532, including interest at 6.25%. Due June 2020. 438,540 - 773,746 853,346 Current Maturities (167,692 ) (161,314 ) Total $ 606,054 $ 692,032
Long-term debt mature	Long-term debt is expected to mature as follows: 2015/2016 $ 167,692 2016/2017 177,173 2017/2018 187,832 2018/2019 142,228 2019/2020 98,821 $ 773,746

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Jun. 28, 2015
Income Taxes Tables
Summary of Income tax provision	Income tax provision for the six and three month period ended June 28, 2015 consists of the following: June 28, 2015 Current tax expense $ 61,000 Deferred tax expense: Effect of change in tax status 89,000 Change in net deferred tax liability (17,000 ) Deferred tax expense 72,000 Total income tax expense $ 133,000
Summary of statutory federal income tax	The reconciliation of the results of applying the Company’s effective statutory federal income tax rate of 35% for six months ended June 30, 2015 and June 29, 2014 to the Company’s income before taxes and the Company’s provision for income taxes is as follows: June 30, June 29, 2015 2014 Federal Income Taxes 35.0 % (35.0) % State Income Taxes 5.0 % (5.0) % Effect of change in tax status 39.5 % - Nontaxable (income) loss of LLC (20.5) % 40.0 % 59.0 % 0.0 %
Deferred tax assets and liabilities	Significant components of the Company’s deferred tax assets and liabilities consisted of the following as of June 28, 2015: June 28, 2015 Net Operating Loss Carryforwards $ 44,000 Valuation Allowance (44,000 ) Deferred Tax Assets $ - Property and Equipment $ (72,000 ) Deferred Tax Liabilities $ (72,000 ) Net Deferred Tax Liability $ (72,000 )

RELATED PARTY LEASE (Tables)

RELATED PARTY LEASE (Tables)	6 Months Ended
	Jun. 28, 2015
Related Party Lease Tables
Summary of related party lease	The base rent due under the lease is summarized as follows: Year Annual Base Rent 2015 $ 40,500 2016 54,000 2017 13,500 Total $ 108,000

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Jun. 28, 2015	Dec. 28, 2014
Property and equipment gross	$ 2,322,958	$ 2,314,767
Accumulated Depreciation	(1,486,923)	(1,432,068)
Property and equipment net	836,035	882,699
Land [Member]
Property and equipment gross	266,285	266,285
Equipment [Member]
Property and equipment gross	1,476,594	1,468,403
Building [Member]
Property and equipment gross	527,224	527,224
Vehicles [Member]
Property and equipment gross	$ 52,855	$ 52,855

PROPERTY AND EQUIPMENT (Detai20

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Property And Equipment Details Narrative
Depreciation	$ 44,199	$ 25,111	$ 54,855	$ 50,222

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($)	Jun. 28, 2015	Dec. 28, 2014
Long-term debt	$ 773,746	$ 853,346
Current Maturities	(167,692)	(161,314)
Total	606,054	692,032
Note payable through November 8, 2018 [Member]
Long-term debt	$ 193,178	218,765
Note payable through June 1, 2020 [Member]
Long-term debt		$ 634,581
Note payable Minnesota Due June 2020 [Member]
Long-term debt	$ 142,028
Note payable North Dakota Due June 2020 [Member]
Long-term debt	$ 438,540

LONG-TERM DEBT (Details 1)

LONG-TERM DEBT (Details 1) - USD ($)	Jun. 28, 2015	Dec. 28, 2014
Long-term Debt Details 1
2015/2016	$ 167,692
2016/2017	177,173
2017/2018	187,832
2018/2019	142,228
2019/2020	98,821
Long-term debt	$ 773,746	$ 853,346

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Jun. 28, 2015	Dec. 28, 2014
Income Taxes Details
Current tax expense	$ 61,000
Deferred tax expense:
Effect of change in tax status	89,000
Change in net deferred tax liability	(17,000)
Deferred tax expense	72,000
Total income tax expense	$ 133,000

INCOME TAXES (Details 1)

INCOME TAXES (Details 1)	6 Months Ended
	Jun. 30, 2015	Jun. 29, 2014
Income Taxes Details 1
Federal Income Taxes	35.00%	(35.00%)
State Income Taxes	5.00%	(5.00%)
Effect of change in tax status	39.50%
Nontaxable (income) loss of LLC	(20.50%)	40.00%
Total	59.00%	0.00%

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($)	Jun. 28, 2015	Dec. 28, 2014
Income Taxes Details 2
Net Operating Loss Carryforwards	$ 44,000
Valuation Allowance	$ (44,000)
Deferred Tax Assets
Property and Equipment	$ (72,000)
Deferred Tax Liabilities	(72,000)
Net Deferred Tax Liability	$ (72,000)

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	6 Months Ended
	Jun. 30, 2015	Jun. 29, 2014
Income Taxes Details Narrative
Federal Income Taxes	35.00%	(35.00%)
Expiration of net operating loss	2,030

RELATED PARTY LEASE (Details)

RELATED PARTY LEASE (Details)	Jun. 28, 2015USD ($)
Related Party Lease Details
2,015	$ 40,500
2,016	54,000
2,017	13,500
Total	$ 108,000

RELATED PARTY LEASE (Details Na

RELATED PARTY LEASE (Details Narrative) - Jun. 28, 2015 - USD ($)	Total	Total
Related Party Lease Details Narrative
Rent expense	$ 13,500	$ 13,500