ARC 10-K 29 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 27, 2019	Jun. 30, 2018
Document And Entity Information
Entity Registrant Name	ARC Group, Inc.
Entity Central Index Key	0001452872
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 8,122,261
Entity Common Stock, Shares Outstanding		7,080,771
Trading Symbol	ARCK
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 345,228	$ 145,346
Accounts receivable, net	127,930	166,987
Accounts receivable, net - related party		1,505
Ad funds receivable, net	10,500	36,837
Ad funds receivable, net - related party		2,280
Other receivables	556,986
Prepaid expenses	34,582
Inventory	211,025	45,417
Notes receivable, net	2,967	28,522
Other current assets	8,078	5,923
Total current assets	1,297,296	432,817
Deposits	49,421	21,189
Notes receivable, net of current portion	2,553	5,106
Intangible assets, net	786,565
Property and equipment, net	12,537,502	99,114
Total assets	14,673,337	558,226
Liabilities and stockholders' deficit
Accounts payable and accrued expenses	1,478,745	467,264
Accounts payable and accrued expenses - related party	231,187	94,150
Other payables	544,098
Accrued interest	29,105	13,472
Settlement agreements payable	276,269	264,997
Accrued legal contingency	163,764	155,935
Contingent consideration	55,356	199,682
Deferred franchise fees	13,718
Capital lease obligation	175,764
Seller payable	312,000
Notes payable - related party, net	720,178	30,503
Gift card liabilities	81,956	9,147
Total current liabilities	4,082,140	1,235,150
Deferred franchise fees, net of current portion	51,516
Capital lease obligation, net of current portion	11,210,146
Total liabilities	15,343,802	1,235,150
Stockholders' deficit:
Class A common stock - $0.01 par value: 100,000,000 shares authorized, 6,680,065 and 6,950,869 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively	66,801	69,509
Series A convertible preferred stock - $0.01 par value: 1,000,000 shares authorized, 449,581 and -0- outstanding at December 31, 2018 and December 31, 2017, respectively	4,496
Additional paid-in capital	4,490,338	3,995,306
Stock subscriptions payable	15,453	26,853
Accumulated deficit	(5,247,553)	(4,768,592)
Total stockholders' deficit	(670,465)	(676,924)
Total liabilities and stockholders' deficit	$ 14,673,337	$ 558,226

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Class A common stock, par value	$ 0.01	$ 0.01
Class A common stock, shares authorized	100,000,000	100,000,000
Class A common stock, shares issued	6,680,065	6,950,869
Class A common stock, shares outstanding	6,680,065	6,950,869
Series A convertible preferred stock, par value	$ 0.01	$ 0.01
Series A convertible preferred stock, shares authorized	1,000,000	1,000,000
Series A convertible preferred stock, shares outstanding	449,581	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue:
Total net revenue	$ 9,500,537	$ 4,257,577
Restaurant operating costs:
Labor	2,801,867	1,159,026
Other operating expenses	1,840,661	591,558
Professional fees	796,473	407,512
Employee compensation expense	564,521	388,944
General and administrative expenses	718,563	354,950
Total operating expenses	10,279,181	4,342,191
Loss from operations	(778,644)	(84,614)
Other income:
Interest expense	(230,256)	(29,980)
Interest income	716	2,340
Gain on write-off of accounts payable		251,238
Gain on sale of investment in Paradise on Wings - related party		24,000
Gain on write-off of notes payable		7,000
Gain on write-off of stock subscriptions payable		150,000
Gain on bargain purchase	624,952
Other income and expense	100,749	24,756
Total other income	496,161	429,354
Net (loss) / income	$ (282,483)	$ 344,740
Net (loss) / income per share - basic and fully diluted	$ (0.04)	$ 0.05
Weighted average number of shares outstanding - basic	6,777,903	6,817,310
Weighted average number of shares outstanding - fully diluted	6,963,762	6,817,310
Cost of Sales [Member]
Restaurant operating costs:
Restaurant operating cost of sales and Occupancy	$ 3,248,801	$ 1,201,825
Restaurant Sales [Member]
Revenue:
Total net revenue	8,374,022	3,424,865
Franchise and Other Revenue [Member]
Revenue:
Total net revenue	922,124	676,007
Franchise and Other Revenue Related Party [Member]
Revenue:
Total net revenue	204,391	156,705
Occupancy [Member]
Restaurant operating costs:
Restaurant operating cost of sales and Occupancy	$ 308,295	$ 238,376

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficit - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Stock Subscriptions Payable [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2016	$ 66,475		$ 3,747,953	$ 150,000	$ (5,113,332)	$ (1,148,904)
Balance, shares at Dec. 31, 2016	6,647,464
Common stock issued for services	$ 2,681		217,706	26,853		247,240
Common stock issued for services, shares	268,110
Common stock issued for payment of consulting fees due	$ 353		29,647			30,000
Common stock issued for payment of consulting fees due, shares	35,295
Write-off of stock subscriptions payable				(150,000)		(150,000)
Net income/(loss)					344,740	344,740
Balance at Dec. 31, 2017	$ 69,509		3,995,306	26,853	(4,768,592)	(676,924)
Balance, shares at Dec. 31, 2017	6,950,869
Common stock issued for services	$ 1,788		329,298	(11,400)		319,686
Common stock issued for services, shares	178,777
Write-off of stock subscriptions payable
Stock option issued for services			10,002			10,002
Deferred franchise fees					(196,478)	(196,478)
Beneficial conversion feature			155,732			155,732
Common stock exchanged for preferred stock	$ (4,496)	$ 4,496
Common stock exchanged for preferred stock, shares	(449,581)	449,581
Net income/(loss)					(282,483)	(282,483)
Balance at Dec. 31, 2018	$ 66,801	$ 4,496	$ 4,490,338	$ 15,453	$ (5,247,553)	$ (670,465)
Balance, shares at Dec. 31, 2018	6,680,065	449,581

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities
Net (loss) / income	$ (282,483)	$ 344,740
Adjustments to reconcile net (loss) / income to net cash provided by operating activities:
Depreciation expense	252,914	17,180
Amortization of intangible assets	2,275
Amortization of debt discount	9,548
Stock-based compensation expense	329,688	247,240
Stock-based payment for consulting fees due		30,000
Change in fair value of contingent consideration		178,785
Gain on sale of investment in Paradise on Wings - related party		(24,000)
Gain on write-off of accounts payable		(251,238)
Gain on write-off of notes payable		(7,000)
Gain on write-off of stock subscriptions payable		(150,000)
Gain on bargain purchase	(624,952)
Changes in operating activities, net of acquisition of Fat Patty's concept:
Accounts receivable	39,057	(99,592)
Accounts receivable - related party	1,505	13,063
Ad fund receivable	26,337	(36,837)
Ad fund receivable - related party	2,280	(2,280)
Other receivables	(556,986)
Prepaid expenses	(34,582)	(3,194)
Inventory	(74,184)	(167)
Deposits		(19,383)
Other current assets	(30,387)	(1,891)
Accounts payable and accrued liabilities	1,345,212	(5,951)
Accounts payable and accrued liabilities - related party	137,037	(4,284)
Settlement agreements payable	11,272	11,273
Accrued legal settlement	7,829	7,830
Deferred franchise fees	(131,244)
Gift card liabilities	48,102	4,051
Net cash provided by operating activities	478,238	248,345
Cash flows from investing activities
Issuance of notes receivable		(7,659)
Repayments of notes receivable	28,108	67,152
Contingent consideration	(144,326)
Sale of investment in Paradise on Wings - related party		24,000
Cash acquired in acquisition of Fat Patty's	7,100
Purchases of fixed assets	(351,007)	(35,346)
Net cash (used) / provided by investing activities	(460,125)	48,147
Cash flows from financing activities
Proceeds from issuance of notes payable - related party	367,736	433,771
Payments on capital lease obligation	(114,090)
Repayments of notes payable - related party	(71,877)	(635,840)
Net cash provided / (used) by financing activities	181,769	(202,069)
Net increase in cash and cash equivalents	199,882	94,423
Cash and cash equivalents, beginning of period	145,346	50,923
Cash and cash equivalents, end of period	345,228	145,346
Supplemental disclosure of cash flow information
Cash paid for interest	178,201
Cash paid for income taxes
Schedule of non-cash financing activities
Adjustment to deferred franchise fees related to prior period	196,478
Preferred stock issued in exchange for common stock	4,496
Property and equipment acquired through accounts payable	226,000
Acquisition of Fat Patty's franchise with note payable and deferred compensation liability	852,000
Property and equipment acquired with capital lease	$ 11,500,000

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Note 1. Description of Business ARC Group, Inc., a Nevada corporation (the “Company”), was incorporated in April 2000. The Company’s business is focused primarily on the development of the Dick’s Wings & Grill ® Fat Patty’s ® On August 30, 2018, the Company closed upon an asset purchase agreement for Fat Patty’s. Fat Patty’s is comprised of four company-owned restaurants located at 1442 Winchester Avenue, Ashland, Kentucky 41101, 5156 WV 34, Hurricane, West Virginia 25526, 3401 Rt. 60 East, Barboursville, West Virginia 25504, and 1935 Third Avenue, Huntington, West Virginia 25702 (collectively, the “Fat Patty’s Restaurants”). A description of the Company’s acquisition of Fat Patty’s is set forth herein under Note 5. – Acquisition of Fat Patty’s. On October 30, 2018, the Company entered into an agreement to acquire the Tilted Kilt Eatery and Pub ® Note 6. Agreement to Acquire Tilted Kilt On November 7, 2018, the Company became a franchisee of a Tilted Kilt restaurant located in Gonzales, Louisiana. At December 31, 2018, the Company had 21 Dick’s Wings restaurants and three Dick’s Wings concession stands. Of the 21 restaurants, 16 were located in Florida and five were located in Georgia. The Company’s concession stands were also located in Florida. Four of the Company’s restaurants were owned by the Company, and the remaining 17 restaurants were owned and operated by franchisees. The Company’s concession stands were also owned by the Company. In addition, the Company had four Fat Patty’s restaurants at December 31, 2018. Of the four restaurants, three were located in West Virginia and one was located in Kentucky. All four of the restaurants were owned by the Company. The Company also had its Tilted Kilt restaurant in Louisiana for which it serves as a franchisee.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies This summary of significant accounting policies is provided to assist the reader in understanding the Company’s consolidated financial statements. The consolidated financial statements and notes thereto are representations of the Company’s management. The Company’s management is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) and have been consistently applied in the preparation of the consolidated financial statements. Restatement The Company has restated its previously issued consolidated statement of operations for the year ended December 31, 2017. The impact of the restatement is more specifically described herein under Note 20. Restatement of Previously Issued Consolidated Financial Statements Basis of Presentation The Company’s consolidated financial statements have been prepared using GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. All intercompany accounts and transactions were eliminated in consolidation. Going Concern The company concluded that facts existed that created an uncertainty about the Company’s ability to continue as a going concern as of December 31, 2016. Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Reclassifications Certain amounts in the Company’s consolidated financial statements for the 2017 fiscal year have been reclassified to conform to the 2018 fiscal year presentation. These reclassifications did not result in any change to the previously reported total assets, net income or stockholders’ deficit. Segment Disclosure The Company has both Company-owned restaurants and franchised restaurants Segment Reporting Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of 90 days or less on the date of purchase to be cash equivalents in accordance with ASC Topic 305, Cash and Cash Equivalents Accounts Receivable Accounts receivable are recorded in accordance with ASC Topic 310, Receivables primarily of Accounts receivable, net of the allowance for doubtful accounts, represents the estimated net realizable value of the Company’s accounts receivable. Provisions for doubtful accounts are recorded based on historical collection experience, the age of the receivables and current economic conditions. The accounts receivable balances at December 31, 2018 and 2017 were comprised primarily of credit card sales by Company-owned restaurants, royalties due from the Company’s franchisees, and sales proceeds due from the concessionaire of the Company’s concessions stands, all of which the Company collected in full in January 2019 and 2018, respectively. Accordingly, the allowance for doubtful accounts was zero at December 31, 2018 and 2017. Other Receivables Other receivables was comprised primarily of receipts from credit card sales by Company-owned Fat Patty’s restaurants that occurred after the Company completed the acquisition of Fat Patty’s that were held by the former owner of Fat Patty’s, all of which are expected to be collected in full by the Company during the next 12 months. Inventory Inventory consists primarily of food and beverage products and is accounted for at the lower of cost or net realizable value using the first in, first out method of inventory valuation in accordance with ASC Topic 330, Inventory Intangible Assets, Net The Company acquired various intangible assets in connection with the acquisition of Fat Patty’s. The intangible assets were comprised of a tradename and a non-compete agreement. The Company amortizes the non-compete agreement on a straight-line basis over the expected period of benefit, which is five years. The tradename has an indefinite life and is not subject to amortization but tested for impairment on an annual basis. The Company recognized $2,275 of amortization expense for the non-compete agreement during the year ended December 31, 2018. Property and Equipment, Net Property and equipment is recorded at cost, less accumulated depreciation, in accordance with ASC Topic 360, Property, Plant and Equipment Long-Lived Assets The Company reviews long-lived assets for impairment at least quarterly or whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable in accordance with ASC 360. Assets are reviewed at the lowest level for which cash flows can be identified, which is at the individual restaurant level. The Company evaluates the recoverability of a restaurant’s long-lived assets, including buildings, intangibles, leasehold improvements, furniture, fixtures, and equipment over the remaining life of the primary asset in the asset group, after considering the potential impact of planned operational improvements, marketing programs, and anticipated changes in the trade area. In determining future cash flows, significant estimates are made by management with respect to future operating results for each restaurant over the remaining life of the primary asset in the asset group. If assets are determined to be impaired, the impairment charge is measured by calculating the amount by which the asset carrying amount exceeds its fair value based on the Company’s estimate of discounted future cash flows. The Company accounts for exit or disposal activities, including restaurant closures, in accordance with ASC Topic 420, Exit or Disposal Cost Obligations Financial Instruments The Company accounts for its financial instruments in accordance with ASC Topic 825, Financial Instruments Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in the Company’s principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. In accordance with ASC Topic 820, Fair Value Measurements and Disclosures The levels of fair value hierarchy are: Level 1: Quoted prices in active markets for identical assets and liabilities at the measurement date; Level 2: Observable inputs other than quoted prices included in Level 1, such as: (i) quoted prices for similar assets and liabilities in active markets, (ii) quoted prices for identical or similar assets and liabilities in markets that are not active, and (iii) other inputs that are observable or can be corroborated by observable market data; and Level 3: Unobservable inputs for which there is little or no market data available. A financial instrument’s level within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement. However, the determination of what constitutes “observable” requires significant judgment by the Company. The Company considers observable data to be market data that is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. In contrast, the Company considers unobservable data to be data that reflects the Company’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. General Advertising Fund The Company has established a general advertising fund that it uses to pay for advertising costs, sales promotions, market research and other support functions intended to maximize general public recognition and acceptance of the Dick’s Wings franchise. Company-owned and franchised restaurants are required to contribute at least 1%, but not more than 2%, of their gross revenue to the Company’s general advertising fund. Prior to January 1, 2018, contributions made by franchisees to the general advertising fund and marketing and advertising expenses paid by the general advertising fund were not recognized as revenue and expenses. They instead constituted agency transactions. These contributions were recorded as a liability against which specific costs were charged during the year ended December 31, 2017. The Company accounts for cash and cash equivalents held by the general advertising fund as restricted cash on its consolidated balance sheets. The restricted cash of this fund is classified as current if it is expected to be utilized to fund short-term obligations of the general advertising fund. The Company did not have any restricted cash at December 31, 2018 or 2017. Contributions made by franchisees to the general advertising fund and marketing and advertising expenses paid by the general advertising fund were recognized as revenue and expenses during the year ended December 31, 2018. Other Payables Other payables was comprised primarily of accounts payable owed to the former owner of Fat Patty’s for alcohol and other items purchased by him in connection with the operation of the concept. Revenue Recognition On January 1, 2018, the Company adopted the provisions of ASC Topic 606, Revenue From Contracts With Customers The Company adopted this new guidance effective the first day of fiscal year 2018, using the modified retrospective method of adoption. Under this method, the cumulative effect of initially adopting the guidance was recognized as an adjustment to the opening balance of equity at January 1, 2018. Therefore, the comparative period has not been adjusted and continues to be reported under the previous revenue recognition guidance. The details of the significant changes and quantitative impact of the changes are discussed below. Franchise Fees ASC 606 impacted the timing of recognition of franchise fees. Under previous guidance, these fees were typically recognized upon the opening of restaurants. Under ASC 606, the fees are deferred and recognized as revenue over the term of the individual franchise agreements. The effect of the required deferral of fees received in a given year will be mitigated by the recognition of revenue from fees retrospectively deferred from prior years. As a result of the adoption of ASC 606, the Company recognized deferred franchise fees in the amount of $196,478 on its consolidated balance sheet as of January 1, 2018 and an increase in its accumulated deficit by the same amount on that date. The Company recognized a total of $131,244 of deferred franchise fees as income during the year ended December 31, 2018. Accordingly, the carrying value of the Company’s deferred franchised fees was $65,234 at December 31, 2018. Advertising Funds ASC 606 also impacted the accounting for transactions related to the Company’s general advertising fund. Under previous guidance, franchisee contributions to and expenditures by the fund were not included in the Company’s consolidated financial statements. Under ASC 606, the Company records contributions to and expenditures by the fund as revenue and expenses within the Company’s consolidated financial statements. The Company recognized contributions to and expenditures by the fund of $189,362 during the year ended December 31, 2018. Gift Card Funds Additionally, ASC 606 impacted the accounting for transactions related to the Company’s gift card program. Under previous guidance, estimated breakage income on gift cards was deferred until it was deemed remote that the unused gift card balance would be redeemed. Under ASC 606, breakage income on gift cards is recognized as gift cards are utilized. The effect of this change on the Company’s consolidated financial statements was negligible. Impact on Financial Statements The following table summarizes the impacts of adopting ASC 606 on the Company’s consolidated financial statements as of and for the year ended December 31, 2018: Adjustments As Reported Franchise Fees Advertising Funds Balances Without Adoption Consolidated Balance Sheet Deferred franchise fees $ 13,718 $ (13,718 ) $ — $ — Total current liabilities 4,082,140 (13,718 ) — 4,068,422 Deferred franchise fees, net of current portion 51,516 (51,516 ) — — Total liabilities 15,343,802 (51,516 ) — 15,292,286 Accumulated deficit (5,247,553 ) 65,234 — (5,182,319 ) Total stockholders’ deficit (670,465 ) 65,234 — (605,231 ) Consolidated Statement of Operations Franchise and other revenue $ 922,124 $ (84,454 ) $ (156,796 ) $ 680,874 Franchise and other revenue – related party 204,391 (46,790 ) (32,566 ) 125,035 Total revenue 9,500,537 (131,244 ) (189,362 ) 9,179,931 General and administrative expenses 718,563 — (189,362 ) 529,201 Total operating expenses 10,279,181 — (189,362 ) 10,089,819 Loss from operations (778,644 ) (131,244 ) — (909,888 ) Net loss (282,483 ) (131,244 ) — (413,727 ) Consolidated Statement of Cash Flows Cash flows from operating activities: Net loss $ (282,483 ) $ (131,244 ) $ — $ (413,727 ) Changes in operating assets and liabilities: Deferred franchise fees (131,244 ) 131,244 — — Disaggregation of Revenue The following table disaggregate revenue by primary geographical market and source: Year Ended December 31, 2018 Year Ended December 31, 2017 Primary Geographic Markets Florida $ 5,011,328 $ 4,057,755 Georgia 504,983 199,822 Kentucky 856,981 — Louisiana 185,742 — West Virginia 2,941,503 — Total revenue $ 9,500,537 $ 4,257,577 Sources of Revenue Restaurant sales $ 8,374,022 $ 3,424,865 Royalties 787,189 829,069 Franchise fees 131,244 — Advertising fund fees 189,362 — Other revenue 18,720 3,643 Total revenue $ 9,500,537 $ 4,257,577 Contract Balances The following table presents changes in deferred franchise fees as of and for the year ended December 31, 2018: Total Liabilities Deferred franchise fees at January 1, 2018 $ 196,478 Revenue recognized during the period (131,244 ) New deferrals due to cash received — Deferred franchise fees at December 31, 2018 $ 65,234 Anticipated Future Recognition of Deferred Franchise Fees The following table presents the estimated franchise fees to be recognized in the future related to performance obligations that were unsatisfied at December 31, 2018: Year Franchise Fees Recognized 2019 $ 13,718 2020 12,000 2021 10,926 2022 9,000 2023 6,637 Thereafter 12,953 Total $ 65,234 Payments Received From Vendors Vendor allowances include allowances and other funds that the Company receives from vendors. Certain of these funds are determined based on various quantitative contract terms. The Company also receives vendor allowances from certain manufacturers and distributors calculated based upon purchases made by franchisees. Vendor allowances are not recognized as revenue. Instead, they are recognized as a reduction in costs. The Company generally receives payment from vendors approximately 30 days from the end of a month for that month’s purchases. Stock-Based Compensation The Company accounts for employee stock-based compensation in accordance with the fair value recognition provisions of ASC Topic 718, Compensation – Stock Compensation The Company accounts for non-employee stock-based compensation in accordance with ASC 718 and ASC Topic 505, Equity The Company uses the Black-Scholes pricing model to determine the fair value of the stock-based compensation that it grants to employees and non-employees. The Black-Scholes pricing model takes into consideration such factors as the estimated term of the securities, the conversion or exercise price of the securities, the volatility of the price of the Company’s common stock, interest rates, and the probability that the securities will be converted or exercised to determine the fair value of the securities. The selection of these criteria requires management’s judgment and may impact the Company’s net income or loss. The computation of volatility is intended to produce a volatility value that is representative of the Company’s expectations about the future volatility of the price of its common stock over an expected term. The Company used its share price history to determine volatility and cannot predict what the price of its shares of common stock will be in the future. As a result, the volatility value that the Company calculated may differ from the actual volatility of the price of its shares of common stock in the future. Operating Leases Rent expense for leases that contain scheduled rent increases is recognized on a straight-line basis over the lease term, including cancelable option periods where failure to exercise such options would result in an economic penalty such that the renewal appears reasonably assured. The straight-line rent calculation and rent expense includes the rent holiday period, which is the period of time between taking control of a leased site and the rent commencement date. The amount by which straight-line rent exceeds actual lease payment requirements in the early years of the lease is accrued as deferred rent liability and reduced in later years when the actual cash payment requirements exceed the straight-line expense. Contingent rents are generally amounts due as a result of sales in excess of amounts stipulated in certain restaurant leases and are included in rent expense as they are incurred. Landlord contributions are recorded when received as a deferred rent liability and amortized as a reduction of rent expense on a straight-line basis over the lease term. Marketing and Advertising Contributions to the national advertising fund related to Company-owned restaurants are expensed as contributed and local advertising costs for Company-owned restaurants are expensed as incurred. All other marketing and advertising costs are expensed as incurred. The Company incurred $423,911 and $90,120 for marketing and advertising costs during the years ended December 31, 2018 and 2017, respectively. Start-Up Costs Start-up costs consists of costs associated with the opening of new Company-owned restaurants and varies based on the number of new locations opening and under construction. These costs are expensed as incurred in accordance with ASC Topic 720, Other Expenses Sales Taxes Sales taxes collected from customers are excluded from revenue. Sales taxes payable are included in accrued expenses until the taxes are remitted to the appropriate taxing authorities in accordance with ASC Topic 450, Contingencies Income Taxes The Company uses the liability method of accounting for income taxes in accordance with ASC Topic 740, Income Taxes Net deferred tax assets were comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Deferred tax assets: Net operating loss carryforwards $ 644,568 $ 527,100 Accruals 93,247 65,260 Deferred tax liabilities: Gain on bargain purchase (156,624 ) — Valuation allowance (581,191 ) (592,360 ) Net deferred tax assets $ — $ — The Company had net operating loss carry-forwards of approximately $2,568,000 and $2,100,000 at December 31, 2018 and 2017, respectively, that may be offset against future taxable income. No tax benefit has been reported in the consolidated financial statements for the Company’s 2018 and 2017 fiscal years because the potential tax benefit is offset by a valuation allowance of the same amount. The Company had no uncertain tax positions at December 31, 2018 and 2017. Effective January 1, 2018, the federal corporate income tax rate was decreased from 34% to 21%. The effect of this change on deferred taxes and the valuation allowance at December 31, 2017 was $244,147. In connection with the completion and filing of its income tax return with the Internal Revenue Service, the Company’s net operating loss carry-forward changed, resulting in an increase to deferred taxes and the valuation allowance of $77,097, bringing the total effect of the change on deferred taxes and the valuation allowance to 321,244 at December 31, 2017. The valuation allowance as of December 31, 2018 and 2017 includes $82,753 and $105,629, respectively, of net operating loss carry forwards that relate to stock compensation expense for income tax reporting purposes that upon realization, would be recorded as additional paid-in capital. The valuation allowance reduces deferred tax assets to an amount that management believes will more likely than not be realized. A reconciliation of the difference between the provision for income taxes and income taxes at the statutory U.S. federal income tax rate for the years ended December 31, 2018 and 2017 is as follows: December 31, 2018 December 31, 2017 Income tax provision at statutory rate $ (59,321 ) $ 123,612 State income taxes (11,582 ) 14,906 Stock compensation expense 82,753 105,629 Effect of change in federal tax rate — 244,147 Other — 11,904 Return to provision net operating loss adjustment — 77,097 Change in valuation allowance (11,850 ) (577,295 ) Net tax provision $ — $ — Utilization of net operating loss carryforwards may be subject to a substantial annual limitation due to ownership change limitations contained in the Internal Revenue Code of 1986, as amended, as well as similar state and foreign provisions. These ownership changes may limit the amount of net operating loss carryforwards that can be utilized annually to offset future taxable income and tax, respectively. On July 31, 2017, Seenu G. Kasturi, who on December 31, 2018 served as the Company’s President, Chief Financial Officer and Chairman of its board of directors, purchased 2,647,144 shares of the Company’s common stock, which represented approximately 38.4% of the outstanding shares of the Company’s common stock on that date, from William D. Leopold. This transaction has been deemed to have resulted in a change in ownership of the Company pursuant to Internal Revenue Code Section 382. As a result, the Company can utilize up to $120,000 of pre-ownership change net operating loss carryforwards each year. Subsequent ownership changes could further affect the limitation in future years. These annual limitation provisions may result in the expiration of certain net operating losses and credits before utilization. Recent Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases Leases In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows: Restricted Cash In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In March 2018, the FASB issued ASU 2018-05, Income Taxes (Topic 740) The Company reviewed all other significant newly-issued accounting pronouncements and concluded that they either are not applicable to the Company’s operations or that no material effect is expected on the Company’s consolidated financial statements as a result of future adoption.

Net Income _ (Loss) Per Share

Net Income / (Loss) Per Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Net Income / (Loss) Per Share	Note 3. Net Income / (Loss) Per Share The Company calculates basic and diluted net income / (loss) per share in accordance with ASC Topic 260, Earnings per Share All of the shares of common stock underlying exercisable or convertible securities that were outstanding at December 31, 2018 were excluded from the computation of diluted net loss per share for the year ended December 31, 2018 because they were anti-dilutive. As a result, basic net loss per share was equal to diluted net loss per share for the year ended December 31, 2018. The Company did not have any securities outstanding at December 31, 2017 that were exercisable or convertible into shares of the Company’s common stock. As a result, basic net income per share was equal to diluted net income per share for the year ended December 31, 2017 .

Acquisition of Seediv

Acquisition of Seediv	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Acquisition of Seediv	Note 4. Acquisition of Seediv On December 19, 2016, the Company acquired all of the issued and outstanding membership interests of Seediv, LLC, a Louisiana limited liability company (“Seediv”), for $600,000 and an earn-out payment. Seediv is the owner and operator of the Dick’s Wings & Grill restaurant located at 100 Marketside Avenue, Suite 301, in the Nocatee development in Ponte Vedra, Florida (the “Nocatee Restaurant”) and the Dick’s Wings & Grill restaurant located at 6055 Youngerman Circle in Argyle Village in Jacksonville, Florida (the “Youngerman Circle Restaurant”; together with the Nocatee Restaurant, the “Nocatee and Youngerman Circle Restaurants”). The closing of the acquisition occurred simultaneously with the execution of the membership interest purchase agreement by the Company and Mr. Kasturi on December 19, 2016. In connection with the acquisition of Seediv, the Company agreed to make an earnout payment to Mr. Kasturi and recorded $20,897 of contingent consideration as the estimated initial fair value of the earnout payment. A description of the manner by which the earnout payment was valued is set forth herein under Note 10. Fair Value Measurements

Acquisition of Fat Patty's

Acquisition of Fat Patty's	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Acquisition of Fat Patty's	Note 5. Acquisition of Fat Patty’s On August 3, 2018, the Company entered into an asset purchase agreement with CSA, Inc., a West Virginia corporation (“CSA”), CSA Investments, LLC, a West Virginia limited liability company (“CSA Investments”), CSA of Teays Valley, Inc., a West Virginia corporation (“CSA Teays Valley”), CSA, Inc. of Ashland, a Kentucky corporation (“CSA Ashland”), Fat Patty’s, LLC, a West Virginia limited liability company (“FPLLC”), and Clint Artrip, an individual (“Artrip”; together with CSA, CSA Investments, CSA Teays Valley, and CSA Ashland, FPLLC, the “Sellers”), pursuant to which the Company agreed to acquire all of the assets associated with Fat Patty’s (the “Fat Patty’s Acquisition”). The Company agreed to pay the Sellers $12,352,000 for the assets, of which $12,000,000 was to be paid to the Sellers at closing, $40,000 was to be paid to the Sellers within 10 days after the closing and the remaining $312,000 will be paid to the Sellers on the first anniversary of the closing. The closing of the Fat Patty’s Acquisition occurred on August 30, 2018, however, as discussed below, the Company entered into a separate related agreement with a third party that resulted in a direct transfer of the Properties (as defined below) from the Sellers to the third party. Accordingly, in substance, the Company only acquired the net assets detailed below for a purchase price of $852,000. In connection with the Fat Patty’s Acquisition, the Company entered into a secured convertible promissory note with Seenu G. Kasturi on August 30, 2018 pursuant to which the Company borrowed $622,929 from Mr. Kasturi to help finance the Fat Patty’s Acquisition. All principal and accrued but unpaid interest is due and payable by the Company in full on the earlier of (i) the fifth (5 th Also on August 3, 2018, In connection with the Property Acquisition, the Company entered into a master lease agreement (the “Master Lease”) with Store Capital on August 30, 2018 pursuant to which the Company leased each of the Properties from Store Capital. The initial term of the lease expires on August 31, 2038. The Company has the option to extend the term of the lease for four additional successive periods of five years each. The aggregate base annual rent is $876,875 and is subject to annual increases commencing September 1, 2019 in an amount equal to the lesser of: (i) 1.75%, or (ii) 1.25 times the change in the Consumer Price Index. The Company is responsible for all costs and obligations relating to the Properties. The acquisition of Fat Patty’s was accounted for as a business combination using the acquisition method of accounting in accordance with Accounting Standard Codification (“ASC”) Topic 805, Business Combinations For purposes of measuring the estimated fair value, where applicable, of the assets acquired and the liabilities assumed as reflected in the Company’s consolidated financial statements, the guidance in ASC Topic 820, Fair Value Measurements and Disclosures The assets acquired and liabilities assumed were comprised of the following: Cash $ 7,100 Inventory 91,424 Intangible assets 788,840 Equipment 614,295 Total assets acquired 1,501,659 Gift card liabilities (24,707 ) Total liabilities assumed (24,707 ) Gain on bargain purchase (624,952 ) Net assets acquired with note payable and deferred compensation liability $ 852,000 The estimates of fair values recorded are Level 3 inputs that have been determined by management based upon various market and income analyses and recent asset appraisals. The Company made certain adjustments to the amounts initially allocated to intangible assets and gift card liabilities after evaluating additional information that was present on the date the acquisition was completed. The fair value of the identifiable assets acquired and liabilities assumed of $1,476,952 exceeded the purchase price of Fat Patty’s by $624,952. Consequently, the Company reassessed the recognition and measurement of identifiable assets acquired and liabilities assumed and concluded that the valuation procedures and resulting measures were appropriate. As a result, the Company recognized a gain of $624,952 during the year ended December 31, 2018 in connection with the acquisition. The Sellers of Fat Patty’s received cash without any earnouts or indemnification holdbacks, which was the primary motivation for the sale of Fat Patty’s. This was the primary reason the acquisition resulted in a bargain purchase. The gain was recorded in the other income in the Company’s consolidated statements of operations. The following table summarizes certain financial information for the years ended December 31, 2018 and 2017 contained in the Company’s Year Ended December 31, 2018 (Unaudited) Year Ended December 31, 2017 (Unaudited) Revenue $ 17,352,358 $ 15,927,114 Income from continuing operations 1,024,359 661,150 Net income 1,520,520 1,090,504 Net income per share – basic $ 0.23 $ 0.16 Net income per share – fully diluted $ 0.22 $ 0.16 The results of operations for Fat Patty’s were included in the Company’s results of operations beginning August 30, 2018. The actual amounts of revenue and net income for Fat Patty’s that are included in the Company’s consolidated statements of operations for the year ended December 31, 2018 were $3,798,484 and $164,182, respectively. The unaudited pro forma financial information has been presented for informational purposes only and is not necessarily indicative of the actual results that would have occurred had the acquisition been consummated on January 1, 2017 or of the future results of the combined entities

Agreement to Acquire Tilted Kil

Agreement to Acquire Tilted Kilt	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Agreement to Acquire Tilted Kilt	Note 6. Agreement to Acquire Tilted Kilt On October 30, 2018, the Company entered into a Membership Interest Purchase Agreement with SDA Holdings, LLC, a Louisiana limited liability company (“SDA Holdings”), and Fred D. Alexander pursuant to which the Company agreed to acquire all of the issued and outstanding membership interests in SDA Holdings for $10. SDA Holdings is the owner of the Tilted Kilt Pub & Eatery ® The closing of the transaction is conditioned upon SDA Holdings, Trustee Services Group (the “Custodian”), Seenu G. Kasturi, who served as the Company’s President and Chief Financial Officer and the Chairman of its board of directors as of December 31, 2018, Let’s Eat Incorporated (“Let’s Eat”), the Reilly Group, LLC (the “Reilly Group”) and John Reynauld entering into an amendment to that certain Custodian Agreement, dated June 7, 2018, by an among the parties to add SDA Holdings as a party to the agreement and remove Mr. Kasturi as a party to the agreement, in which event SDA Holdings will be required to deliver to the Custodian a certificate evidencing 718,563 shares of the Company’s common stock. The closing of the transaction is also conditioned upon the Company raising gross proceeds of at least $2,000,000 through the sale of debt or equity securities, as well as other customary closing conditions. Upon closing of this acquisition, the Company will issue 666,667 shares of common stock to Mr. Kasturi, place 718,563 shares of common stock into escrow to replace a like number of shares placed in escrow by Mr. Kasturi, and through a wholly-owned subsidiary, be the obligor under a demand promissory note in favor of Mr. Kasturi in the principal amount of up to $2,500,000.

Inventory

Inventory	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Inventory	Note 7. Inventory Inventory was comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Food $ 120,426 $ 23,987 Beverages 90,599 21,430 Total $ 211,025 $ 45,417

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Note 8. Property and Equipment, Net Property and equipment, including capital lease assets, was comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Land, buildings and improvements $ 11,500,000 $ — Leasehold improvements 323,500 69,472 Furniture, fixtures and equipment 1,021,735 78,621 Subtotal 12,845,235 148,093 Less: accumulated depreciation (307,733 ) (48,979 ) Total $ 12,537,502 $ 99,114 The land, buildings and improvements of $11,500,000 at December 31, 2018 consisted of gross assets acquired on the capital lease with related depreciation expense and accumulated depreciation of $98,324. Depreciation expense was $252,914 and $17,180 during the years ended December 31, 2018 and 2017, respectively

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2018
Finite-Lived Intangible Assets, Net [Abstract]
Intangible Assets	Note 9. Intangible Assets The Company acquired various intangible assets in connection with the acquisition of Fat Patty’s. Intangible assets include a tradename valued at $770,000 and a non-compete agreement valued at $18,840 for a total of $788,840 on August 30, 2018, which is the date the acquisition of Fat Patty’s was completed. The Company amortizes the non-compete agreement on a straight-line basis over the expected period of benefit, which is five years. The tradename has an indefinite life and is not subject to amortization but tested for impairment on an annual basis. The amount of amortization recognized for the non-compete agreement was $2,275 during the year ended December 31, 2018. Accordingly, the Company had total intangible assets of $786,565 at December 31, 2018. The Company did not have any intangible assets at December 31, 2017. The following table presents the future amortization expense to be recognized from the Company’s intangible assets at December 31, 2018: Year Amortization Expense to be 2019 $ 3,768 2020 3,768 2021 3,768 2022 3,768 2023 1,493 Thereafter — Total $ 16,565

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10. Fair Value Measurements On January 20, 2014, the Company purchased a 50% ownership interest in Paradise on Wings Franchise Group, LLC, a Utah limited liability company that is the franchisor of the Wing Nutz ® Note 4. Acquisition of Seediv The Company performed a review of its investment in Paradise on Wings at the end of its 2016 fiscal year and determined that an “other-than-temporary” decline in the value of the investment had occurred and that a loss on impairment equal to its then carrying amount should be recognized. In addition, because Paradise on Wings incurred a loss of $440,561 during the period beginning January 1, 2017 and ending September 30, 2017, the carrying amount of the Company’s investment in Paradise on Wings remained unchanged at September 30, 2017. Accordingly, the carrying amount of the Company’s investment in Paradise on Wings was zero at September 30, 2017. On September 30, 2017, the Company sold its 50% ownership interest in Paradise on Wings to Seenu G. Kasturi for $24,000. Paradise on Wings incurred a loss of $440,561 during the period beginning January 1, 2017 and ending September 30, 2017. As a result, the carrying amount of the Company’s investment in Paradise on Wings was zero at September 30, 2017. In connection with the acquisition of Seediv, the Company agreed to pay contingent consideration in the form of an earn-out payment. The Company determined that the fair value of the liability for the contingent consideration was estimated to be $20,897 at the acquisition date. The Company determined the fair value of the contingent consideration based on a probability-weighted approach derived from earn-out criteria estimates and a probability assessment with respect to the likelihood of achieving the earn-out criteria. The measurement was based upon significant inputs not observable in the market, including internal projections and an analysis of the target markets. The resultant probability-weighted contingent consideration was discounted using a discount rate based upon the weighted-average cost of capital. At each reporting date, the Company revalues the contingent consideration to the reporting date fair value and records increases and decreases in the fair value as income or expense under general and administrative expenses in the Company’s consolidated statements of operations. Increases or decreases in the fair value of the contingent consideration may result from, among other things, changes in discount periods and rates, changes in the timing and amount of earn-out criteria, and changes in probability assumptions with respect to the likelihood of achieving the various earn-out criteria. As of December 31, 2017, the Company calculated the earnout payment in accordance with the provisions of the membership interest purchase agreement and determined that the earnout payment was $199,682. The Company recognized additional Seediv compensation expense in the amount of $178,785 during the year ended December 31, 2017 in connection with the earnout payment and the liability for the contingent consideration was increased by $178,785 to $199,682 at December 31, 2017. The Company made payments in the amount of $144,326 to Mr. Kasturi with respect to the earnout payment during the year ended December 31, 2018. Accordingly, the outstanding balance of contingent consideration was $55,356 and $199,682 at December 31, 2018 and 2017, respectively. The following table presents the contingent consideration recorded by the Company in connection with the acquisition of Seediv within the fair value hierarchy utilized to measure fair value on a recurring basis at December 31, 2018 and 2017, respectively: Level 1 Level 2 Level 3 December 31, 2018 $ — $ 55,356 $ — December 31, 2017 $ — $ 199,682 $ — The earnout payment was to be calculated based on the earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the Nocatee and Youngerman Circle Restaurants during the year ended December 31, 2017. As of December 31, 2017, the EBITDA for the Nocatee and Youngerman Circle Restaurants was utilized to compute the ending contingent consideration liability. As a result, the fair value measurement of the contingent consideration represented a Level 2 fair value measurement at December 31, 2018 and 2017 because it was based on other significant observable inputs. The Company’s other financial instruments consist of cash and cash equivalents, accounts and ad fund receivables, notes receivable, capital lease assets and liabilities, accounts payable, accrued expenses and notes payable. The estimated fair values of the cash and cash equivalents, accounts and ad fund receivables, notes receivable, accounts payable, accrued expenses and notes payable (and the related beneficial conversion feature associated with the notes payable) approximate their respective carrying amounts due to the short-term maturities of these instruments. The estimated fair value of the capital lease obligation approximated its carrying amount as the interest rate is implicit in the underlying lease.

Notes Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Notes Receivable	Note 11. Notes Receivable In September 2014, the Company made a loan to one of its franchisees in the aggregate original principal amount of $6,329. The loan was for a term of three years, was payable in monthly installments, and did not require the payment of any interest. A total of $25 of principal was outstanding under the loan at December 31, 2017. The loan was paid off in full during the year ended December 31, 2018. In June 2016, the Company made a loan to one of its franchisees under a promissory note in the aggregate original principal amount of $25,000. In July 2016, the Company made an additional loan to the same franchisee under a line of credit agreement for an aggregate original principal amount of up to $28,136. In September 2016, the Company made an additional loan to the same franchisee under a second line of credit agreement for an aggregate original principal amount of up to $25,000. The loan under the promissory note is for a term of two years, is payable in monthly installments beginning January 1, 2017, and accrues interest at a rate of 5% per annum beginning September 1, 2016. The loan under the $28,136 line of credit agreement was for a term of two years, was payable in monthly installments beginning January 1, 2017, and did not require the payment of any interest. The loan was repaid in full during the year ended December 31, 2017. The loan under the $25,000 line of credit agreement is for a term of two years, is payable in monthly installments beginning January 1, 2017 and accrues interest at a rate of 5% per annum beginning October 1, 2016. A total of $414 and $25,944 of principal was outstanding under the loans at December 31, 2018 and 2017, respectively. Interest in the aggregate amount of $715 accrued and was paid in full under the loans during the year ended December 31, 2018. Interest in the aggregate amount of $1,925 accrued under the loans during the year ended December 31, 2017, and payments of interest in the aggregate amount of $2,763 were made under the loans during the year ended December 31, 2017. No accrued interest was outstanding under the loans at December 31, 2018 and 2017. In September 2016, the Company made a loan to one of its franchisees in the aggregate original principal amount of $13,869. The loan was due and payable in full on November 15, 2018, was payable in monthly installments beginning December 15, 2016, and accrued interest at a rate of 5% per annum beginning October 1, 2016. A total of $13,318 of principal was outstanding under the loan at December 31, 2016. Interest in the aggregate amount of $415 accrued and was paid in full under the loan during the year ended December 31, 2017. The loan was repaid in full during the year ended December 31, 2017. In October 2017, the Company made a loan to one of its franchisees in the aggregate original principal amount of $7,659. The loan is due and payable in full on December 1, 2020, is payable in monthly installments beginning January 1, 2018, and does not require the payment of any interest. A total of $5,106 of principal was outstanding under the loan at December 31, 2018. The full amount of the loan was outstanding at December 31, 2017. The carrying value of the Company’s outstanding notes receivable was $5,520 and $33,628 at December 31, 2018 and 2017, respectively, all of which was due from unrelated third parties. Of these amounts, $2,967 and $2,553 were classified as short-term and long-term notes receivable, respectively, at December 31, 2018, and $28,522 and $5,106 were classified as short-term and long-term notes receivable, respectively, at December 31, 2017. The Company generated interest income of $715 and $2,340 during the years ended December 31, 2018 and 2017, respectively. The Company did not have any interest receivable outstanding at December 31, 2018 and 2017.

Debt Obligations

Debt Obligations	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Debt Obligations	Note 12. Debt Obligations In September 2013, the Company entered into a loan agreement with Blue Victory Holdings, Inc., a Nevada corporation (“Blue Victory”), As of December 31, 2016, the Company had principal in the amount of $16,103 outstanding under its credit facility with Blue Victory. During the year ended December 31, 2017, the Company borrowed $61,721 under the credit facility and repaid $77,824 to Blue Victory under the credit facility. Accordingly, there was no principal outstanding under the credit facility at December 31, 2017. The Company did not borrow any funds under the credit facility during the year ended December 31, 2018. Accordingly, there was no principal outstanding under the credit facility at December 31, 2018. On December 19, 2016, the Company acquired Seediv. In connection therewith, the Company assumed debt owed by Seediv to Blue Victory pursuant to the terms of a promissory note issued by Seediv in favor of Blue Victory in the amount of $216,469. The promissory note Accordingly, there was no principal outstanding under the credit facility at December 31, 2017. The Company borrowed $372,049 from Blue Victory and repaid $341,546 to Blue Victory under a separate unsecured loan that it had entered into with Blue Victory during the year ended December 31, 2017. The loan accrues interest at a rate of 6% per annum and is payable on demand On August 30, 2018, the Company entered into a secured convertible promissory note with Seenu G. Kasturi pursuant to which the Company borrowed $622,929 to help finance the Fat Patty’s Acquisition. A description of the note is set forth herein under Note 5. Acquisition of Fat Patty’s. The carrying value of the Company’s outstanding promissory notes, net of unamortized discount of $145,290 and excluding capital lease obligations, was $720,178 and $30,503 at December 31, 2018 and 2017, respectively.

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Capital Stock	Note 13. Capital Stock The Company’s authorized capital consisted of 100,000,000 shares of Class A common stock, par value $0.01 per share, at December 31, 2018 and 2017, respectively, of which 6,680,065 and 6,950,869 shares of common stock were outstanding at December 31, 2018 and 2017, respectively, and consisted of 1,000,000 and -0- shares of Series A convertible preferred stock, par value $0.01 per share, at December 31, 2018 and 2017, respectively, of which 449,581 and -0- shares were outstanding at December 31, 2018 and 2017, respectively. On September 27, 2011, the Company entered into an agreement with a consultant pursuant to which the Company agreed to issue 142,857 shares of its common stock to the consultant as payment for consulting services to be performed by the consultant during a term commencing on the date of the agreement and ending June 30, 2012. The shares were valued at the closing price of the Company’s common stock on the date of grant for total consideration of $150,000. The Company recognized $150,000 of stock compensation in connection therewith and credited stock subscription payable. The Company had not issued any of the shares to the consultant as of December 31, 2017. Accordingly, the Company had an outstanding balance of $150,000 in stock subscriptions payable at December 31, 2017. As of December 31, 2017, in accordance with ASC 450, the Company determined that the probability that the Company would have to issue any shares of common stock to the consultant, or pay any other form of consideration to the consultant, was remote. Accordingly, the Company concluded that the $150,000 of stock subscription payable should be written off as of December 31, 2017. The Company recorded the write-off within other income in its consolidated statements of operations. In May 2017, the Company entered into an agreement with Maxim Group LLC (“Maxim”) to provide general financial advisory and investment banking services to the Company for a term of one year. Under the terms of the agreement, the Company agreed to pay Maxim $5,000 per month during the term of the agreement and issue 225,000 shares of common stock to Maxim upon the execution of the agreement. The Company recognized $180,000 of stock compensation expense ended December 31, 2017. In August 2017, the Company approved the issuance of a total of 2,750 shares of its common stock to certain of its non-executive employees as incentive compensation. . In August 2017, the Company approved the issuance of a total of 13,000 shares of its common stock to certain of its franchisees as incentive compensation. . In August 2017, the Company issued 35,295 shares of its common stock to a consultant as payment for $30,000 of consulting fees then due and payable by the Company. The Company recognized $40,500 of stock compensation expense during the year ended December 31, 2017 in connection with the vesting of the shares of common stock earned by Mr. Kasturi on April 1, July 1 and October 1, 2017 under the employment agreement that he was then a party to with the Company. The Company also recognized $13,353 of stock compensation expense during the year ended December 31, 2017 in connection with the vesting of the shares of common stock to be earned by Mr. Kasturi on January 1, 2018 under the employment agreement that he was then a party to with the Company. This amount was credited to stock subscriptions payable at December 31, 2017. In January 2018, the Company issued a total of 5,625 shares of its common stock to certain of its franchisees as incentive compensation. . In June 2018, the Company’s board of directors created Series A convertible preferred stock and authorized 1,000,000 shares of Series A convertible preferred stock, par value $0.01 per share, for issuance. Each share of Series A convertible preferred stock is entitled to 100 votes per share and is convertible into one share of the Company’s common stock at a conversion price of $0.75 per share of common stock. The conversion price may be paid in cash, through a reduction in the number of shares of common stock received, or by other methods approved by the board of directors. In the event any shares of the Series A convertible preferred stock are transferred by the holder thereof, such shares immediately and automatically convert into shares of common stock with the conversion price being paid by the recipient through a reduction in the number of shares of common stock received. The Series A convertible preferred stock is treated pari passu In May 2018, the Company issued a stock option to an employee that is exercisable into 30,000 shares of common stock. The shares were valued on the date of grant by using the Black-Scholes pricing model. The Company recognized $10,002 of stock compensation expense during the year ended December 31, 2018 in connection with the vesting of the option. In May 2018, the Company provided an employee with the right to receive $33,000 in cash or 20,000 shares of shares of the Company’s common stock on May 15, 2021. The shares were valued at a price per share equal to the closing price of the Company’s common stock on the OTCQB on the date of grant and remeasured as of December 31, 2018. In accordance with ASC 718, as the employee is able to settle the right in either cash or common stock, the Company recognized $6,254 of stock compensation expense in connection therewith during the year ended December 31, 2018 and recorded a corresponding liability which has been recorded in accounts payable and accrued expenses within the Company’s consolidated balance sheets . In June 2018, the Company entered into a securities purchase agreement with Seenu G. Kasturi pursuant to which the Company issued Mr. Kasturi 449,581 shares of Series A convertible preferred stock in exchange for 449,581 shares of common stock held by Mr. Kasturi. Upon receipt of the shares of common stock from Mr. Kasturi, the shares were retired and restored to the status of authorized and unissued shares of common stock. Accordingly, the number of shares of common stock outstanding immediately after the transaction was completed decreased from 6,974,008 shares to 6,524,427 shares. No expense was recognized by the Company during the year ended December 31, 2018 in connection with the transaction. In August 2018, the Company entered into an agreement with a firm to provide investor relations services to the Company. Under the terms of the agreement, the Company agreed to pay the firm $12,250 and issue 3,500 shares of common stock to the firm upon the execution of the agreement as compensation for services to be performed during the months of August and September 2018. The Company agreed to pay the firm $7,000 and issue 1,500 shares of common stock each month thereafter during the remainder of the term of the agreement. The Company recognized $11,685 of stock compensation expense under the agreement during . In September 2018, the Company entered into an agreement with Maxim to provide investment banking and mergers and acquisition services to the Company for a term of one year. Under the terms of the agreement, the Company agreed to pay Maxim $7,500 per month during the term of the agreement and issue 125,000 shares of common stock to Maxim upon the execution of the agreement. The Company recognized $245,000 of stock compensation expense under the agreement during the . The Company recognized $40,647 of stock compensation expense during the year ended December 31, 2018 in connection with the vesting of the shares of common stock earned by Mr. Kasturi on January 1, April 1, July 1 and October 1, 2018 under the employment agreement that he was then a party to with the Company. The Company also recognized $13,353 of stock compensation expense during the year ended December 31, 2018 in connection with the vesting of the shares of common stock to be earned by Mr. Kasturi on January 1, 2019 under the employment agreement that he was then a party to with the Company. This amount was credited to stock subscriptions payable at December 31, 2018. The Company recognized a total of $329,688 and $247,240 for stock compensation expense during the years ended December 31, 2018 and 2017, respectively. The Company had a total of $15,453 and $26,853 of stock subscription payable outstanding at December 31, 2018 and 2017, respectively.

Stock Options and Warrants

Stock Options and Warrants	12 Months Ended
	Dec. 31, 2018
Stock Options and Warrants [Abstract]
Stock Options and Warrants	Note 14. Stock Options and Warrants The Company issued one stock option during the year ended December 31, 2018. The stock option is exercisable into 30,000 shares of common stock at an exercise price of $1.49 and vests in three equal annual installments commencing on the first anniversary of the date of issuance. The shares were valued on the date of grant by using the Black-Scholes pricing model in accordance with the provisions of ASC Topic 718. This stock option was the only stock option outstanding during the year ended December 31, 2018. The Company did not issue any stock options during the year ended December 31, 2017, and there were no stock options outstanding during the year ended December 31, 2017. The Company did not issue any warrants exercisable into shares of the Company’s common stock during the years ended December 31, 2018 and 2017, there were no warrants outstanding during the years ended December 31, 2018 and 2017.

Stock Compensation Plans

Stock Compensation Plans	12 Months Ended
	Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation Plans	Note 15. Stock Compensation Plans American Restaurant Concepts, Inc. 2011 Stock Incentive Plan In August 2011, the Company adopted the American Restaurant Concepts, Inc. 2011 Stock Incentive Plan. Under the plan, 1,214,286 shares of common stock may be granted to employees, officers and directors of, and consultants and advisors to, the Company under awards that may be made in the form of stock options, warrants, stock appreciation rights, restricted stock, restricted units, unrestricted stock and other equity-based or equity-related awards. As of December 31, 2018, 142,858 shares of the Company’s common stock remained available for issuance under the plan. The plan terminates in August 2021. On August 18, 2011, the Company filed a registration statement on Form S-8, File No. 333- 176383 ARC Group, Inc. 2014 Stock Incentive Plan In June 2014, the Company adopted the ARC Group, Inc. 2014 Stock Incentive Plan. Under the plan, 1,000,000 shares of common stock may be granted to employees, officers and directors of, and consultants and advisors to, the Company under awards that may be made in the form of stock options, warrants, stock appreciation rights, restricted stock, restricted units, unrestricted stock and other equity-based or equity-related awards. As of December 31, 2018, all 1,000,000 shares of the Company’s common stock remained available for issuance under the plan. The plan terminates in June 2024.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 16. Commitments and Contingencies Employment Agreements and Arrangements Richard W. Akam On January 22, 2013, the Company appointed Richard W. Akam to serve as its Chief Operating Officer. In connection therewith, the Company entered into an employment agreement with Mr. Akam pursuant to which it agreed to pay him an annual base salary of $150,000, subject to annual adjustment and discretionary bonuses, plus certain standard and customary fringe benefits. The initial term of the employment agreement is for one year and automatically renews for additional one-year terms until terminated by Mr. Akam or the Company. The employment agreement provided that, on July 22, 2013, the Company would grant Mr. Akam shares of its common stock equal in value to $50,000 if Mr. Akam was continuously employed by the Company through that date. The number of shares of common stock that the Company would issue to Mr. Akam would be calculated based on the last sales price of the Company’s common stock as reported on the OTCQB on July 22, 2013. The employment agreement also provided that the Company would grant Mr. Akam additional shares of its common stock equal in value to $50,000 on January 1st of each year thereafter if Mr. Akam was continuously employed by the Company through January 1st of the applicable year. The number of shares of common stock that the Company would issue to Mr. Akam for each applicable year would be calculated based on the average of the last sales price of shares of the Company’s common stock as reported on the OTCQB for the month of January of the applicable year. Notwithstanding the above, and in connection therewith, Mr. Akam agreed that the number of shares that may be earned by him under his employment agreement in connection with any particular grant would be equal to the lesser of: (i) 71,429 shares of common stock, or (ii) the number of shares of common stock calculated by dividing $50,000 by the closing price of the Company’s common stock on the day immediately preceding the date the Company’s obligation to issue the shares to him fully accrues. Mr. Akam also agreed that in the event the Company was unable to fulfill its obligation to issue all of the shares earned by him with respect to any particular grant because it did not have enough shares of common stock authorized and available for issuance, (i) Mr. Akam would not require the Company to issue more shares of common stock than are then authorized and available for issuance by the Company, and (i) the Company would be permitted to settle any liability to Mr. Akam created as a result thereof in cash. In the event the Company terminates Mr. Akam’s employment without “cause” (as such term is defined in the employment agreement), Mr. Akam will be entitled to receive the following severance compensation from the Company: (i) if the Company terminates Mr. Akam’s employment during the first year of his employment with the Company, that amount of compensation equal to the salary payable to Mr. Akam during that year, (ii) if the Company terminates Mr. Akam’s employment during the second year of his employment with the Company, that amount of compensation equal to nine months of the salary payable to Mr. Akam during that year, (iii) if the Company terminates Mr. Akam’s employment during the third year of his employment with the Company, that amount of compensation equal to six months of the salary payable to Mr. Akam during that year, and (iv) if the Company terminates Mr. Akam’s employment after the third year of his employment with the Company, that amount of compensation equal to three months of the salary payable to Mr. Akam during the year that such termination occurs. Mr. Akam will not be entitled to receive any severance compensation from the Company if the Company terminates his employment for “cause” or as a result of his disability, or if Mr. Akam resigns from his employment with the Company. The employment agreement also contains customary provisions that provide that, during the term of Mr. Akam’s employment with the Company and for a period of one year thereafter, Mr. Akam is prohibited from disclosing confidential information of the Company, soliciting Company employees and certain other persons, and competing with the Company. On July 31, 2013, the Company appointed Richard Akam as its Chief Executive Officer, Chief Financial Officer and Secretary. The Company and Mr. Akam did not amend the employment agreement in connection with the above appointments, and Mr. Akam did not receive any additional compensation in connection with the above appointments. On August 19, 2013, the Company appointed Daniel Slone as the Company’s Chief Financial Officer. In connection therewith, Richard Akam resigned as the Company’s Chief Financial Officer on August 19, 2013. Mr. Akam retained his positions as the Company’s Chief Executive Officer, Chief Operating Officer and Secretary. On January 31, 2017, the Company and Richard W. Akam entered into an amendment to the employment agreement. Under the terms of the amendment, the parties confirmed the appointment of Mr. Akam as the Company’s Chief Operating Officer on January 22, 2013 and as the Company’s Chief Executive Officer on July 31, 2013, clarified that Mr. Akam’s monthly base salary after the initial term of the employment agreement may be adjusted from time to time by the Company with Mr. Akam’s consent, removed the provision relating to the grant of shares of the Company’s common stock to Mr. Akam on January 1 st st Daniel Slone On August 19, 2013, the Company appointed Daniel Slone as the Company’s Chief Financial Officer. The Company agreed to pay Mr. Slone an annual base salary of $1.00 in connection with his appointment. The Company did not enter into an employment agreement with Mr. Slone. On January 17, 2017, Daniel Slone resigned as the Company’s Chief Financial Officer. Seenu G. Kasturi On January 18, 2017, the Company appointed Seenu G. Kasturi as its President, Chief Financial Officer and Chairman of the board of directors. In connection therewith, on January 18, 2017, the Company entered into an employment agreement with Mr. Kasturi to serve as the President and Chief Financial Officer of the Company. The employment agreement is for an initial term of three years with automatic one-year renewals thereafter unless earlier terminated or not renewed as provided therein. Under the terms of the employment agreement, Mr. Kasturi will be paid annual compensation in the amount of $80,000 per year, consisting of: (i) an initial annual base salary of $26,000, and (ii) equity awards equal in value to $54,000 per year. Mr. Kasturi will be eligible to receive increases in salary on January 1 st Operating Leases Company Headquarters In January 2015, the Company entered into a lease with Crescent Hill Office Park for its corporate headquarters located at 6327-4 Argyle Forest Boulevard, Jacksonville, Florida In January 2018, the Company entered into a new, month-to-month lease with Crescent Hill Office Park for its corporate headquarters located at 6327-4 Argyle Forest Boulevard, Jacksonville, Florida On November 15, 2018, the Company entered into a triple net lease with the Kasturi Children’s Trust (the “Trust”) for its new corporate headquarters located at 1409 Kingsley Ave., Ste. 2, Orange Park, Florida. The lease is for a term of 60 months and provides for rent payments in the amount of $4,000 per month. The Trust is an irrevocable trust for which the children of Seenu G. Kasturi are the beneficiaries. The trustee of the Trust is an unrelated third party. Nocatee Restaurant In October 2013, On April 1, 2017, DWG Acquisitions, Seediv and NTC-REG entered into an assignment and assumption & first modification to lease agreement for the Nocatee Restaurant. Under the agreement, DWG Acquisitions assigned all of its right, title, interest and claim in and to the Nocatee lease, and Seediv assumed the payment and performance of all obligations, liabilities and covenants of DWG Acquisitions under the lease for the Nocatee Restaurant. In addition, the parties amended certain terms of the lease to state that the lease covers approximately 3,400 square feet of space, to extend the term of the lease for a 60-month period commencing on April 1, 2018 and expiring March 31, 2023, and to change the rent payments to an initial monthly rent payment of $7,035 without an additional annual rent payment. Youngerman Circle Restaurant In May 2014, On December 20, 2016, Seediv entered into a new triple net lease with Raceland QSR for the Youngerman Circle Restaurant. The lease provides for rent payments to be made by the Company for each of 13 rent periods per year, with each rent period comprised of four weeks. The lease provides for an initial base rent payment equal to the greater of: (i) $10,000 per rent period, or (ii) 7.5% of the Youngerman Circle Restaurant’s net sales for the applicable rent period. Commencing on the fifth (5 th Valdosta Dick’s Wings Restaurant On December 31, 2017, DWAG Valdosta, LLC, a Georgia limited liability company that is a wholly-owned subsidiary of the Company (“DWAG Valdosta”), entered into a triple net lease with PLD, L.L.L.P., a Georgia limited liability company, for the Dick’s Wings and Grill restaurant located at 153 Baytree Road, Valdosta, Georgia. The lease provides for monthly rent payments of $3,333 for the first two years and $5,000 for the following three years, plus an additional annual rent payment equal to the amount by which 6% of the restaurant’s annual gross sales exceeds $1,000,000. The lease has an initial term of five years and provides the Company with an option to extend the lease for two additional five-year periods. Panama City Beach Dick’s Wings Restaurant On July 1, 2015, DWG Acquisitions entered into a lease Arquette Development Corporation, a Florida corporation (“Arquette Development”), for the Dick’s Wings and Grill restaurant located at 1136 Thomas Drive, Panama City Beach, Florida (the “Panama City Lease”). The lease provided for rent payments of $5,000 plus an additional annual rent payment equal to the amount by which 6% of the restaurant’s annual gross sales exceeds $1,200,000. The lease had an initial term of three years and provided DWG Acquisitions with an option to extend the lease for three additional three-year periods. The lease expired on June 30, 2018 and was not renewed by DWG Acquisitions. Upon the expiration of the lease, DWG Acquisitions entered into a month-to-month tenancy with Arquette Development pursuant to which DWAG PCB, LLC, a Florida limited liability company that is a wholly-owned subsidiary of the Company (“DWAG PCB”), makes monthly rent payments of $3,000 to Arquette Development on behalf of DWG Acquisitions. Tallahassee Dick’s Wings Restaurant On May 1, 2018, DWAG Tallahassee, LLC, a Florida limited liability company that is a wholly-owned subsidiary of the Company (“DWAG Tallahassee”), entered into a triple net lease with Bannerman Crossings III, LLC, a Florida limited liability company, for a Dick’s Wings and Grill restaurant to be located at 3427 Bannerman Rd., Suite 104, Tallahassee, Florida. The lease provides for no rent during the first year of the lease, followed by monthly rent payments equal to 6% of the restaurant’s monthly gross sales for each month remaining under the lease. The lease has an initial term of 10 years and provides the Company with an option to extend the lease for two additional five-year periods. Bannerman Crossings agreed to loan DWAG Tallahassee $250,000 to be used for tenant improvements to the property. DWAG has the right to terminate the lease at the end of the 42 nd th th Gonzalez Tilted Kilt Restaurant On September 25, 2018, TK Gonzales LA, LLC, a Louisiana limited liability company that is a wholly-owned subsidiary of the Company (“TK Gonzales”), entered into a triple net lease with Acadiana Development of Gonzales, LLC, a Louisiana limited liability company, for the Tilted Kilt restaurant located at 2838 Outfitter’s Drive, Gonzales, Louisiana. The lease provides for initial monthly rent payments of $12,000 that increase to $17,600 during the term of the lease. The lease has an initial term of 10 years and provides the Company with an option to extend the lease for two additional five-year periods. Rent expense under the operating leases was $341,124 and $262,350 during the years ended December 31, 2018 and 2017, respectively, and was comprised of the following: December 31, 2018 December 31, 2017 Straight-lined minimum rent $ 340,657 $ 194,770 Contingent rent 467 67,580 Total $ 341,124 $ 262,350 The following table presents future minimum annual lease payments under the operating leases as of December 31, 2018: Year Future Minimum Lease Payments 2019 $ 466,314 2020 495,892 2021 521,565 2022 534,192 2023 417,344 Thereafter 2,976,232 Total $ 5,411,539 Capital Leases On August 30, 2018, the Company entered into the Master Lease. The initial term of the lease expires on August 31, 2038. The Company has the option to extend the term of the lease for four additional successive periods of five years each. The aggregate base annual rent is $876,875 and is subject to annual increases commencing September 1, 2019 in an amount equal to the lesser of: (i) 1.75%, or (ii) 1.25 times the change in the Consumer Price Index. The Company is responsible for all costs and obligations relating to the Properties. The Company determined that the Master Lease is a capital lease. The Company recorded a capital lease asset and capital lease obligation of $11,500,000 in its consolidated balance sheets that was equal to the present value of the Company’s future minimum leaseback payments. The outstanding balance of the capital lease obligation was . The following table presents the future annual minimum lease payments to be recognized under the capital lease as of December 31, 2018: Year Future Minimum Lease Payments 2019 $ 881,990 2020 897,425 2021 913,130 2022 929,110 2023 945,369 Thereafter 15,924,033 Total 20,491,057 Less: portion representing interest (9,105,147 ) Present value of lease payments $ 11,385,910 The following table presents the future obligations under the capital lease at December 31, 2018: Year Future Lease Obligations Recognized 2019 $ 175,764 2020 202,944 2021 232,148 2022 263,512 2023 297,180 Thereafter 10,214,362 Total $ 11,385,910 The land, buildings and improvements of $11,500,000 included within property and equipment in Note 8. Property and Equipment, Net Depreciation expense and accumulated depreciation were approximately $98,324 during the year ended December 31, 2018. Interest expense was $178,201 during the year ended December 31, 2018. Sponsorship Agreements In July 2013, the Company entered into a three-year sponsorship agreement with the Jacksonville Jaguars, LLC (the “Jacksonville Jaguars”) and, in connection therewith, in August 2013, entered into a subcontractor concession agreement with Levy Premium Foodservice Limited Partnership (“Levy”) for a concession stand to be located at TIAA Bank Field in Jacksonville, Florida. The Company concurrently assigned all of its rights and obligations under the concession agreement to DWG Acquisitions in return for a fee of $2,000 per month for each full or partial month during which the concession agreement is in effect. In July 2015, the Company extended its sponsorship agreement with the Jaguars by an additional two years and entered into a subcontractor concession agreement with Ovations Food Services, L.P. (“Ovations”) for a second concession stand at TIAA Bank Field. The Company concurrently assigned all of its rights and obligations under the second concession agreement to DWG Acquisitions in return for an additional fee of $3,000 per month for each full or partial month during which the concession agreement is in effect. In September 2016, the Company terminated its subcontractor concession agreements with Levy and Ovations and the related assignment agreements with DWG Acquisitions, and entered into a sub-concession agreement with Jacksonville Sportservice, Inc. (“Jacksonville Sportservice”) and DWG Acquisitions with respect to the two concession stands previously covered by the Levy and Ovations subcontractor concession agreements. The Company concurrently assigned all of its rights and obligations under the sub-concession agreement to DWG Acquisitions in return for a fee equal to the income generated by the concession stands less all expenses incurred by the concession stands for each full or partial month during which the concession agreement is in effect. In October 2017, the Company entered into a termination agreement with DWG Acquisitions whereby the Company terminated the assignment to DWG Acquisitions. In November 2017, the Company entered into a new five-year sponsorship agreement with the Jacksonville Jaguars. Under the terms of the sponsorship agreement, during each preseason and regular season football game played by the Jacksonville Jaguars and at certain other events held at the football-based stadium in Jacksonville, Florida currently named “Everbank Field”: (i) the Company has the right to display its branding on one fixed concession stand in the Bud Light Party Zone at Everbank Field and a second concession stand located on the concourse at Everbank Field, (ii) the Company has the right to have its food products sold or otherwise distributed from the stands and/or certain general concession areas at Everbank Field, and (iii) the Company has the right to receive a variety of stadium signage at Everbank Field, radio broadcasting on the Jacksonville Jaguars’ radio programming, and digital advertising on the Jacksonville Jaguars’ website and certain of its social media sites. The term of the sponsorship agreement commences on April 1, 2018 and expires on the later of: (i) the conclusion of the 2022/23 NFL season, and (ii) February 28, 2023. The Company is required to pay the Jacksonville Jaguars annual fees in the amount of $200,000 during the first year of the agreement increasing to $216,490 during the last year of the agreement. In addition, the Company is required to provide the Jacksonville Jaguars with food, beverages and serving products equal in value to $35,000 during the first year of the agreement increasing to $37,890 during the last year of the agreement. In the event the Jacksonville Jaguars play in any post-season playoff games, the Company will pay the Jacksonville Jaguars an additional amount per playoff game equal to a pro-rated portion of the annual fee applicable during the then-current year of the agreement. The following table presents the future minimum annual payments under the sponsorship agreement as of December 31, 2018: Year Minimum Annual Payments 2019 $ 204,000 2020 208,080 2021 212,240 2022 216,490 2023 — Thereafter — Total $ 840,810 Accounts Payable As of December 31, 2017, the Company had accounts payable outstanding in the amount of $709,621. Of this amount, $251,238 of the accounts payable had been outstanding for more than five years. The statute of limitations applicable to these payables expired during the year ended December 31, 2017 and the Company had not received any communications from any of the applicable vendors during the past five years. In accordance with ASC 450, the Company determined that the possibility that any vendor would contact the Company seeking payment for any of such accounts payable and recover a judgment for such payment was remote. Accordingly, the Company concluded that the $251,238 of accounts payable should be written off as of December 31, 2017. The Company recorded the write-off within other income / (expense) in its consolidated statements of operations.

Related-Party Transactions

Related-Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related-Party Transactions	Note 17. Related-Party Transactions Except as otherwise set forth below, all of the following transactions are with Seenu G. Kasturi or an entity affiliated with Mr. Kasturi. On January 18, 2017, Mr. Kasturi was appointed as the Company’s President, Chief Financial Officer and Chairman of the Company’s board of directors. As of December 31, 2018, Mr. Kasturi was the beneficial owner of 26.6% of the Company’s common stock and 100% of the Company’s Series A convertible preferred stock, collectively representing 89.3% of the voting power of the Company’s capital stock. Seenu G. Kasturi has served as Vice President and Controller of TKFO since June 2018. He has owned all of the outstanding membership interests in DWG Acquisitions and Raceland QSR and has served as the President, Treasurer and Secretary of DWG Acquisitions and Raceland QSR, since their formation in 2013 and 2012, respectively. Mr. Kasturi has owned 90% of the equity interests in Blue Victory and has served as its President, Treasurer, Secretary and sole member of its board of directors since its formation in 2009. He also owned all of the outstanding membership interests in Seediv, and served as its President, Treasurer and Secretary, from its formation in July 2016 to December 19, 2016, the date the Company acquired Seediv. Employment Agreements In January 2013, the Company entered into an employment agreement with Richard W. Akam in connection with his appointment as the Company’s Chief Operating Officer. As of December 31, 2018, Mr. Akam served as the Company’s Chief Executive Officer, Chief Operating Officer and Secretary. A description of the employment agreement is set forth herein under Note 16. Commitments and Contingencies – Employment Agreements Note 21. Subsequent Events In January 2017, the Company appointed Seenu G. Kasturi as its President, Chief Financial Officer and Chairman of the board of directors and, in connection therewith, entered into an employment agreement with Mr. Kasturi. A description of the employment agreement is set forth herein under Note 16. Commitments and Contingencies – Employment Agreements Note 21. Subsequent Events Sponsorship Agreements In September 2016, the Company terminated its subcontractor concession agreements with Levy and Ovations and the related assignment agreements with DWG Acquisitions, and entered into a sub-concession agreement with Jacksonville Sportservice and DWG Acquisitions with respect to the two concession stands previously covered by the Levy and Ovations subcontractor concession agreements. The Company concurrently assigned all of its rights and obligations under the sub-concession agreement to DWG Acquisitions in return for a fee equal to the income generated by the concession stands less all expenses incurred by the concession stands for each full or partial month during which the concession agreement is in effect. In October 2017, the Company entered into a termination agreement with DWG Acquisitions whereby the Company terminated the assignment to DWG Acquisitions. DWG Acquisitions incurred net expenses of $2,680 under the assignment agreement during the year ended December 31, 2017. Financing Transactions The Company is a party to a credit facility with Blue Victory. Note 12. Debt Obligations The Company borrowed funds from, and repaid funds to, Blue Victory under a separate loan that it had entered into with Blue Victory during the year ended December 31, 2017. Note 12. Debt Obligations Leases In October 2013, DWG Acquisitions entered into a triple net shopping center lease with NTC-REG, LLC (“NTC-REG) for the Nocatee Restaurant. A description of the lease is set forth herein under Note 16. Commitments and Contingencies – Operating Leases. Note 16. Commitments and Contingencies – Operating Leases. In May 2014, DWG Acquisitions entered into a triple net lease with Raceland QSR for the Youngerman Circle Restaurant. A description of the lease is set forth herein under Note 16. Commitments and Contingencies – Operating Leases. Note 16. Commitments and Contingencies – Operating Leases. On November 15, 2018, the Company entered into a triple net lease with the Kasturi Children’s Trust (the “Trust”) for its new corporate headquarters. A description of the lease is set forth herein under Note 16. Commitments and Contingencies – Operating Leases. Upon the expiration of the Panama City Lease on June 30, 2018, DWG Acquisitions entered into a month-to-month tenancy with Arquette Development pursuant to which DWAG PCB makes monthly rent payments of $3,000 to Arquette Development on behalf of DWG Acquisitions. A description of the Panama City Lease and DWG Acquisitions’ month-to-month tenancy with Arquette Development is set forth herein under Note 16. Commitments and Contingencies – Operating Leases Franchise Agreements The Company has been a party to several franchise agreements with DWG Acquisitions pursuant to which DWG Acquisitions owned and operated Dick’s Wings restaurants. The terms of these franchise agreements were identical to the terms of the franchise agreements that the Company enters into with unrelated franchisees, except that the Company did not require DWG Acquisitions to pay a franchise fee to the Company under the franchise agreements for the Nocatee and Youngerman Circle Restaurants. The Company generated a total of $204,391 and $156,705 in royalties and franchise fees through its franchise agreements with DWG Acquisitions during the years ended December 31, 2018 and 2017, respectively. The Company had a total of $1,505 of accounts receivable outstanding from DWG Acquisitions at December 31, 2017, and had a total of $2,280 of ad funds receivable outstanding from DWG Acquisitions at December 31, 2017. The Company did not have any accounts receivable or ad funds receivable outstanding from DWG Acquisitions at December 31, 2018. The Company had a total of $41,512 and $65,349 for accounts payable and accrued expenses outstanding from DWG Acquisitions at December 31, 2018 and 2017, respectively. The Company is no longer a party to any franchise agreements with DWG Acquisitions. In September 2018, the Company became a franchisee of a Tilted Kilt restaurant located in Gonzales, Louisiana. Richard W. Akam, who serves as the Company’s Chief Operating Officer and Secretary, has served as President of TKFO since June 2018, and Ketan Pandya, who serves as a member of the Company’s board of directors, has served as Vice President of Franchise Relations of TKFO since June 2018. Fred D. Alexander, who serves as a member of the Company’s board of directors, is the owner of SDA Holdings. The Company paid ad fund fees of $2,416 to Tilted Kilt during the year ended December 31, 2018. The Company is not required to pay any royalties or franchise fees to Tilted Kilt under its franchise agreement with Tilted Kilt. Series A Convertible Preferred Stock In June 2018, the Company entered into a securities purchase agreement with Seenu G. Kasturi pursuant to which the Company issued Mr. Kasturi 449,581 shares of Series A convertible preferred stock in exchange for 449,581 shares of common stock then held by Mr. Kasturi. A description of this transaction is set forth herein under Note 13. Capital Stock. Acquisitions and Dispositions On December 19, 2016, the Company acquired all of the outstanding membership interests of Seediv from Seenu G. Kasturi for a purchase price of $600,000 and an earnout payment. The earn-out payment was determined to be $199,682, of which $144,326 had been paid as of December 31, 2018. As part of the transaction, the Company assumed debt owed by Seediv to Blue Victory in the amount of $216,469 which the Company repaid in full during the year ended December 31, 2017. A description of the debt is set forth herein under Note 12. Debt Obligations On September 30, 2017, the Company sold its 50% ownership interest in Paradise on Wings to Seenu G. Kasturi for $24,000. On October 4, 2017, Seediv entered into an agreement for purchase and sale of real estate with Raceland QSR pursuant to which Seediv agreed to purchase the real property located at 6055 Youngerman Circle in Argyle Circle, Jacksonville, Florida from Raceland QSR. The purchase price for the property was to be the lesser of: (i) $2,000,000, or (ii) the appraised value of the property determined by the appraisal completed by the financing source proposed to be utilized by Seediv to finance the acquisition of the property. The agreement provided for the payment by Seediv of a deposit of $10,000 within 10 days of the date of the agreement to an escrow agent to be selected by the parties with the remainder of the purchase price to be paid by Seediv at closing. Seediv had the right to terminate the transaction in the event that certain feasibility studies, the title commitment or the appraisal was unsatisfactory to Seediv, or if Raceland QSR breached any of its representations, warranties, covenants, agreements or obligations under the agreement, in which case the deposit would be returned to Seediv. The closing of the transaction was to occur on December 3, 2017. On November 30, 2017, Seediv On August 30, 2018, the Company closed upon the asset purchase agreement for Fat Patty’s. In connection therewith, the Company issued a secured convertible promissory note to Seenu G. Kasturi pursuant to which the Company borrowed $622,929 to help finance this acquisition. A description of the promissory note is set forth herein under Note 12. Debt Obligations On October 30, 2018, the Company entered into a membership interest purchase agreement with SDA Holdings and Fred D. Alexander pursuant to which the Company agreed to acquire all of the issued and outstanding membership interests in SDA Holdings. A description of this transaction is set forth herein under Note 6. Agreement to Acquire Tilted Kilt. Other Related-Party Arrangements. Certain part-time employees of the Company are also employed on a part-time basis by various entities affiliated with Seenu G. Kasturi. In addition, excluding the $41,512 of accounts payable and accrued expenses owed to DWG Acquisitions discussed above under – Franchise Agreement

Judgments in Legal Proceedings

Judgments in Legal Proceedings	12 Months Ended
	Dec. 31, 2018
Judgment In Legal Proceedings [Abstract]
Judgments in Legal Proceedings	Note 18. Judgments in Legal Proceedings On February 25, 2011, a legal proceeding entitled Duval Station Investment, LLC vs. Hot Wing Concepts, Inc. d/b/a Dick’s Wings and Grill, and American Restaurant Concepts, Inc. In January 2015, Santander Bank filed a complaint against the Company in the Circuit Court, Fourth Judicial Circuit in and for Duval County, Florida, seeking damages of $194,181 plus interest, costs and attorney’s fees for breach of a guaranty of certain obligations of Ritz Aviation, LLC (“Ritz Aviation”) under a promissory note executed by Ritz Aviation in July 2005. During the Company’s fourth fiscal quarter of 2016, Santander Bank informed the Company that certain assets of Ritz Aviation had been sold for $82,642 and that the proceeds from the sale were applied towards the balance of the damages being sought, resulting in an outstanding balance of damages sought of $111,539. The outstanding balance of damages sought was reflected in accrued legal contingency at December 31, 2018 and 2017. Interest expense in the amount of $7,829 accrued on the outstanding balance of the accrued legal contingency during the years ended December 31, 2018 and 2017. The interest expense was credited to accrued legal contingency. A total of $41,638 and $33,809 of accrued interest, and $10,586 of other expenses (excluding legal fees), were outstanding at December 31, 2018 and 2017, respectively, resulting in an aggregate potential loss of $163,764 and $155,935 at December 31, 2018 and 2017, respectively. The potential losses of $163,764 and $155,935 were reflected in accrued legal contingency at December 31, 2018 and 2017, respectively. This case is currently pending.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Reporting	Note 19. Segment Reporting The Company has two reportable segments, which are Company-owned restaurants and franchise operations. Company-Owned Restaurants Company-owned restaurants consist of several brands that are aggregated into one reportable segment because of the nature of the products and services, the production processes, the customers, the methods used to distribute the products and services, the nature of the regulatory environment, and store level profit margin for each of the brands are similar. The brands are Dick’s Wings and Grill, Fat Patty’s and Tilted Kilt Eatery and Pub. All Company-owned restaurants are casual dining restaurants. There were a total of nine and two company-owned restaurants at December 31, 2018 and 2017, respectively. Franchise Operations The Company only offers franchises for the Dick’s Wings brand. All franchised restaurants are casual dining restaurants. Franchises are sold in markets where expansion is deemed advantageous to the development of the Dick’s Wings brand and system of restaurants. The Company enters into franchise agreements with franchisees to build and operate restaurants using the Dicks Wings brand within a defined geographic area. The agreements have a 10-year term and can be renewed for one additional 10-year term. In exchange for royalty payments, advertising funds, franchise fees and area development fees, the Company provides the franchisees with the use of its Dick’s Wings trademarks and Dick’s Wings system, which includes uniform operating procedures, standards for consistency and quality of products, technical knowledge, and procedures for accounting, inventory control and management. The Company also provides franchisees with assistance with site selection, prototypical architectural plans, interior and exterior design and layout, training, marketing and sales techniques, and restaurant openings. Franchisees generally remit royalty payments weekly for the prior week’s sales. Franchise fees and area development fees are paid upon the signing of the related franchise agreements. Franchisees are required to operate their restaurants in compliance with their franchise agreements, which includes adherence to operating and quality control standards, procedures and specifications established by the Company. Franchisees are evaluated regularly by the Company for compliance with their franchise agreements through the use of periodic, unannounced, on-site inspections and standard evaluation reports. The Company is not required to provide loans, leases, or guarantees to franchisees or the franchisees’ employees and vendors. If a franchisee becomes financially distressed, the Company is not required to provide financial assistance. If financial distress leads to insolvency of the franchisee or the filing of a petition by or against the franchisee under bankruptcy laws, the Company has the right, but not the obligation, to acquire the franchise at fair value as determined by an independent appraiser selected by the Company. There were a total of 19 and 20 franchised restaurants at December 31, 2018 and 2017, respectively. Segment Financial Information Information on segments and a reconciliation of income from operations to net (loss) / income is as follows: Year Ended December 31, 2018 Year Ended December 31, 2017 Revenue Company-owned restaurants $ 8,374,022 $ 3,424,865 Franchise operations 1,126,515 832,712 Total revenue $ 9,500,537 $ 4,257,577 Net (Loss) / Income Company-owned restaurants $ 174,398 $ 234,080 Franchise operations 733,696 773,876 Total income from operations 908,094 1,007,956 Corporate and unallocated expenses (1,190,577 ) (663,216 ) Net (loss) / income $ (282,483 ) $ 344,740 Depreciation and Amortization Company-owned restaurants $ 251,633 $ 17,180 Franchise operations — — Corporate 1,281 — Total $ 252,914 $ 17,180 Capital Expenditures Company-owned restaurants $ 12,658,385 $ 35,196 Franchise operations — — Corporate 32,917 — Total $ 12,691,302 $ 35,196

Restatement of Previously Issue

Restatement of Previously Issued Consolidated Financial Statements	12 Months Ended
	Dec. 31, 2018
Previously Restated Financial Information [Abstract]
Restatement of Previously Issued Consolidated Financial Statements	Note 20. Restatement of Previously Issued Consolidated Financial Statements The Company is restating its audited consolidated financial statements for the year ended December 31, 2017 to correct an error related to the manner by which it recorded $188,086 of food discounts provided to customers and complimentary meals provided to employees. The Company recorded each of these items as an increase to restaurant operating costs – other operating expenses rather than as a reduction to restaurant sales on its consolidated statements of operations. As a result, restaurant sales and restaurant operating costs – other operating expenses were each overstated by $188,086 during the year ended December 31, 2017. The Company has restated its audited consolidated financial statements for the year ended December 31, 2017 for the sole purpose of reducing restaurant sales and restaurant operating costs – other operating expenses by $188,086. The impact of the restatement on the Company’s consolidated statement of operations for the year ended December 31, 2017 is presented below. The restatement did not have any impact on the Company’s consolidated balance sheet and statement of cash flows as of and for the year ended December 31, 2017. For the Year Ended December 31, 2017 Consolidated Statement of Operations: As Previously Reported Adjustments As Restated Restaurant sales $ 3,612,951 $ (188,086 ) $ 3,424,865 Revenue 4,445,663 (188,086 ) 4,257,577 Restaurant operating costs – other operating expenses (779,644 ) 188,086 (591,558 )

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 21. Subsequent Events On January 1, 2019, Seenu G. Kasturi earned 10,706 shares of the Company’s common stock pursuant to the terms of his employment agreement with the Company. On January 2, 2019, the Company appointed Seenu G. Kasturi as its Chief Executive Officer. As a result of the appointment, Mr. Kasturi now serves as the Company’s Chief Executive Officer, Chief Financial Officer and Chairman of the Company’s board of directors. In connection therewith, on January 2, 2019, Mr. Kasturi resigned as the Company’s President and Richard W. Akam resigned as the Company’s Chief Executive Officer. Mr. Akam will continue to serve as the Company’s Chief Operating Officer and Secretary. On January 2, 2019, the Company entered into an amended and restated employment agreement with Mr. Kasturi to serve as the Chief Executive Officer and Chief Financial Officer of the Company. The agreement is for an initial term of three years with automatic one-year renewals thereafter unless earlier terminated or not renewed as provided therein. Under the terms of the agreement, Mr. Kasturi will be paid an initial annual base salary in the amount of $350,000. Mr. Kasturi will be eligible to receive increases in salary on January 1 st Pursuant to the terms of the new employment agreement, the Company entered into a restricted stock award agreement with Mr. Kasturi pursuant to which the Company granted 390,000 shares of the Company’s common stock to Mr. Kasturi. The shares vest in accordance with the following schedule: (i) 130,000 shares on March 31, 2019; (ii) 130,000 shares on March 31, 2020; and (iii) 130,000 shares on March 31, 2021. Also on January 2, 2019, the Company entered into a Second Amendment to Employment Agreement with Richard W. Akam pursuant to which Mr. Akam resigned as the Company Chief Executive Officer but retained his positions as the Company’s Chief Operating Officer and Secretary. On January 29, 2019, the Company commenced a private offering of up to 5,000,000 units, each unit comprised of one share of common stock and one warrant to purchase one share of common stock, at a purchase price of $1.40 per unit. Each warrant is exercisable for a term of five years at an exercise price of $1.55 per share, subject to adjustment. The units are being offered without registration under the Securities Act of 1933, as amended (“Securities Act”), solely to persons who qualify as accredited investors, as that term is defined in Rule 501 of Regulation D under the Securities Act, in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act and Rule 506(c) of Regulation D promulgated thereunder. The Company retained Maxim Group, LLC to serve as its placement agent for the offering. The Company agreed to pay the placement agent a placement fee equal to 7% of the aggregate gross proceeds raised in the offering and warrants exercisable for a term of five years to purchase 4% of the number of shares of common stock included in the units sold in the offering at an exercise price of $1.55 per share. The offering may be increased by up to an additional $1,000,000 at the mutual discretion of the Company and the placement agent. The Offering will terminate on March 31, 2019, unless extended by the Company and the placement agent to a date not later than May 31, 2019. The initial closing of the offering is conditioned, among other things, on the Company’s acceptance of subscriptions for at least $500,000 of units and the closing of the Company’s agreement to purchase all of the membership interests in SDA Holdings. Net proceeds, if any, from the Offering will be used to fund the deferred portion of the purchase price for the Company’s acquisition of Fat Patty’s, future payments to the persons that owned Tilted Kilt prior to SDA Holdings, and the repayment of the loan made by Seenu G. Kasturi to help fund the acquisitions of Fat Patty’s and Tilted Kilt, and the balance for general corporate purposes. On March 25, 2019, the Company experienced a fire at its Fat Patty's restaurant located at 5156 State Route 34 in Hurricane, West Virginia. The Company has not yet determined the extent of the damage or when the restaurant will reopen. The Company maintains insurance on the restaurant, but does not yet know how much, if any, insurance proceeds it will receive in connection with the fire.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Restatement	Restatement The Company has restated its previously issued consolidated statement of operations for the year ended December 31, 2017. The impact of the restatement is more specifically described herein under Note 20. Restatement of Previously Issued Consolidated Financial Statements
Basis of Presentation	Basis of Presentation The Company’s consolidated financial statements have been prepared using GAAP applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. All intercompany accounts and transactions were eliminated in consolidation.
Going Concern	Going Concern The company concluded that facts existed that created an uncertainty about the Company’s ability to continue as a going concern as of December 31, 2016.
Estimates	Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain amounts in the Company’s consolidated financial statements for the 2017 fiscal year have been reclassified to conform to the 2018 fiscal year presentation. These reclassifications did not result in any change to the previously reported total assets, net income or stockholders’ deficit.
Segment Disclosure	Segment Disclosure The Company has both Company-owned restaurants and franchised restaurants Segment Reporting
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of 90 days or less on the date of purchase to be cash equivalents in accordance with ASC Topic 305, Cash and Cash Equivalents
Accounts Receivable	Accounts Receivable Accounts receivable are recorded in accordance with ASC Topic 310, Receivables primarily of Accounts receivable, net of the allowance for doubtful accounts, represents the estimated net realizable value of the Company’s accounts receivable. Provisions for doubtful accounts are recorded based on historical collection experience, the age of the receivables and current economic conditions. The accounts receivable balances at December 31, 2018 and 2017 were comprised primarily of credit card sales by Company-owned restaurants, royalties due from the Company’s franchisees, and sales proceeds due from the concessionaire of the Company’s concessions stands, all of which the Company collected in full in January 2019 and 2018, respectively. Accordingly, the allowance for doubtful accounts was zero at December 31, 2018 and 2017.
Other Receivables	Other Receivables Other receivables was comprised primarily of receipts from credit card sales by Company-owned Fat Patty’s restaurants that occurred after the Company completed the acquisition of Fat Patty’s that were held by the former owner of Fat Patty’s, all of which are expected to be collected in full by the Company during the next 12 months.
Inventory	Inventory Inventory consists primarily of food and beverage products and is accounted for at the lower of cost or net realizable value using the first in, first out method of inventory valuation in accordance with ASC Topic 330, Inventory
Intangible Assets, Net	Intangible Assets, Net The Company acquired various intangible assets in connection with the acquisition of Fat Patty’s. The intangible assets were comprised of a tradename and a non-compete agreement. The Company amortizes the non-compete agreement on a straight-line basis over the expected period of benefit, which is five years. The tradename has an indefinite life and is not subject to amortization but tested for impairment on an annual basis. The Company recognized $2,275 of amortization expense for the non-compete agreement during the year ended December 31, 2018.
Property and Equipment, Net	Property and Equipment, Net Property and equipment is recorded at cost, less accumulated depreciation, in accordance with ASC Topic 360, Property, Plant and Equipment
Long-Lived Assets	Long-Lived Assets The Company reviews long-lived assets for impairment at least quarterly or whenever events or changes in circumstances indicate that the carrying amount of assets may not be recoverable in accordance with ASC 360. Assets are reviewed at the lowest level for which cash flows can be identified, which is at the individual restaurant level. The Company evaluates the recoverability of a restaurant’s long-lived assets, including buildings, intangibles, leasehold improvements, furniture, fixtures, and equipment over the remaining life of the primary asset in the asset group, after considering the potential impact of planned operational improvements, marketing programs, and anticipated changes in the trade area. In determining future cash flows, significant estimates are made by management with respect to future operating results for each restaurant over the remaining life of the primary asset in the asset group. If assets are determined to be impaired, the impairment charge is measured by calculating the amount by which the asset carrying amount exceeds its fair value based on the Company’s estimate of discounted future cash flows. The Company accounts for exit or disposal activities, including restaurant closures, in accordance with ASC Topic 420, Exit or Disposal Cost Obligations
Financial Instruments	Financial Instruments The Company accounts for its financial instruments in accordance with ASC Topic 825, Financial Instruments
Fair Value Measurements	Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in the Company’s principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. In accordance with ASC Topic 820, Fair Value Measurements and Disclosures The levels of fair value hierarchy are: Level 1: Quoted prices in active markets for identical assets and liabilities at the measurement date; Level 2: Observable inputs other than quoted prices included in Level 1, such as: (i) quoted prices for similar assets and liabilities in active markets, (ii) quoted prices for identical or similar assets and liabilities in markets that are not active, and (iii) other inputs that are observable or can be corroborated by observable market data; and Level 3: Unobservable inputs for which there is little or no market data available. A financial instrument’s level within the fair value hierarchy is based upon the lowest level of any input that is significant to the fair value measurement. However, the determination of what constitutes “observable” requires significant judgment by the Company. The Company considers observable data to be market data that is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. In contrast, the Company considers unobservable data to be data that reflects the Company’s assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.
General Advertising Fund	General Advertising Fund The Company has established a general advertising fund that it uses to pay for advertising costs, sales promotions, market research and other support functions intended to maximize general public recognition and acceptance of the Dick’s Wings franchise. Company-owned and franchised restaurants are required to contribute at least 1%, but not more than 2%, of their gross revenue to the Company’s general advertising fund. Prior to January 1, 2018, contributions made by franchisees to the general advertising fund and marketing and advertising expenses paid by the general advertising fund were not recognized as revenue and expenses. They instead constituted agency transactions. These contributions were recorded as a liability against which specific costs were charged during the year ended December 31, 2017. The Company accounts for cash and cash equivalents held by the general advertising fund as restricted cash on its consolidated balance sheets. The restricted cash of this fund is classified as current if it is expected to be utilized to fund short-term obligations of the general advertising fund. The Company did not have any restricted cash at December 31, 2018 or 2017. Contributions made by franchisees to the general advertising fund and marketing and advertising expenses paid by the general advertising fund were recognized as revenue and expenses during the year ended December 31, 2018.
Other Payables	Other Payables Other payables was comprised primarily of accounts payable owed to the former owner of Fat Patty’s for alcohol and other items purchased by him in connection with the operation of the concept.
Revenue Recognition	Revenue Recognition On January 1, 2018, the Company adopted the provisions of ASC Topic 606, Revenue From Contracts With Customers The Company adopted this new guidance effective the first day of fiscal year 2018, using the modified retrospective method of adoption. Under this method, the cumulative effect of initially adopting the guidance was recognized as an adjustment to the opening balance of equity at January 1, 2018. Therefore, the comparative period has not been adjusted and continues to be reported under the previous revenue recognition guidance. The details of the significant changes and quantitative impact of the changes are discussed below. Franchise Fees ASC 606 impacted the timing of recognition of franchise fees. Under previous guidance, these fees were typically recognized upon the opening of restaurants. Under ASC 606, the fees are deferred and recognized as revenue over the term of the individual franchise agreements. The effect of the required deferral of fees received in a given year will be mitigated by the recognition of revenue from fees retrospectively deferred from prior years. As a result of the adoption of ASC 606, the Company recognized deferred franchise fees in the amount of $196,478 on its consolidated balance sheet as of January 1, 2018 and an increase in its accumulated deficit by the same amount on that date. The Company recognized a total of $131,244 of deferred franchise fees as income during the year ended December 31, 2018. Accordingly, the carrying value of the Company’s deferred franchised fees was $65,234 at December 31, 2018. Advertising Funds ASC 606 also impacted the accounting for transactions related to the Company’s general advertising fund. Under previous guidance, franchisee contributions to and expenditures by the fund were not included in the Company’s consolidated financial statements. Under ASC 606, the Company records contributions to and expenditures by the fund as revenue and expenses within the Company’s consolidated financial statements. The Company recognized contributions to and expenditures by the fund of $189,362 during the year ended December 31, 2018. Gift Card Funds Additionally, ASC 606 impacted the accounting for transactions related to the Company’s gift card program. Under previous guidance, estimated breakage income on gift cards was deferred until it was deemed remote that the unused gift card balance would be redeemed. Under ASC 606, breakage income on gift cards is recognized as gift cards are utilized. The effect of this change on the Company’s consolidated financial statements was negligible. Impact on Financial Statements The following table summarizes the impacts of adopting ASC 606 on the Company’s consolidated financial statements as of and for the year ended December 31, 2018: Adjustments As Reported Franchise Fees Advertising Funds Balances Without Adoption Consolidated Balance Sheet Deferred franchise fees $ 13,718 $ (13,718 ) $ — $ — Total current liabilities 4,082,140 (13,718 ) — 4,068,422 Deferred franchise fees, net of current portion 51,516 (51,516 ) — — Total liabilities 15,343,802 (51,516 ) — 15,292,286 Accumulated deficit (5,247,553 ) 65,234 — (5,182,319 ) Total stockholders’ deficit (670,465 ) 65,234 — (605,231 ) Consolidated Statement of Operations Franchise and other revenue $ 922,124 $ (84,454 ) $ (156,796 ) $ 680,874 Franchise and other revenue – related party 204,391 (46,790 ) (32,566 ) 125,035 Total revenue 9,500,537 (131,244 ) (189,362 ) 9,179,931 General and administrative expenses 718,563 — (189,362 ) 529,201 Total operating expenses 10,279,181 — (189,362 ) 10,089,819 Loss from operations (778,644 ) (131,244 ) — (909,888 ) Net loss (282,483 ) (131,244 ) — (413,727 ) Consolidated Statement of Cash Flows Cash flows from operating activities: Net loss $ (282,483 ) $ (131,244 ) $ — $ (413,727 ) Changes in operating assets and liabilities: Deferred franchise fees (131,244 ) 131,244 — — Disaggregation of Revenue The following table disaggregate revenue by primary geographical market and source: Year Ended December 31, 2018 Year Ended December 31, 2017 Primary Geographic Markets Florida $ 5,011,328 $ 4,057,755 Georgia 504,983 199,822 Kentucky 856,981 — Louisiana 185,742 — West Virginia 2,941,503 — Total revenue $ 9,500,537 $ 4,257,577 Sources of Revenue Restaurant sales $ 8,374,022 $ 3,424,865 Royalties 787,189 829,069 Franchise fees 131,244 — Advertising fund fees 189,362 — Other revenue 18,720 3,643 Total revenue $ 9,500,537 $ 4,257,577 Contract Balances The following table presents changes in deferred franchise fees as of and for the year ended December 31, 2018: Total Liabilities Deferred franchise fees at January 1, 2018 $ 196,478 Revenue recognized during the period (131,244 ) New deferrals due to cash received — Deferred franchise fees at December 31, 2018 $ 65,234 Anticipated Future Recognition of Deferred Franchise Fees The following table presents the estimated franchise fees to be recognized in the future related to performance obligations that were unsatisfied at December 31, 2018: Year Franchise Fees Recognized 2019 $ 13,718 2020 12,000 2021 10,926 2022 9,000 2023 6,637 Thereafter 12,953 Total $ 65,234
Payments Received from Vendors	Payments Received From Vendors Vendor allowances include allowances and other funds that the Company receives from vendors. Certain of these funds are determined based on various quantitative contract terms. The Company also receives vendor allowances from certain manufacturers and distributors calculated based upon purchases made by franchisees. Vendor allowances are not recognized as revenue. Instead, they are recognized as a reduction in costs. The Company generally receives payment from vendors approximately 30 days from the end of a month for that month’s purchases.
Stock-Based Compensation	Stock-Based Compensation The Company accounts for employee stock-based compensation in accordance with the fair value recognition provisions of ASC Topic 718, Compensation – Stock Compensation The Company accounts for non-employee stock-based compensation in accordance with ASC 718 and ASC Topic 505, Equity The Company uses the Black-Scholes pricing model to determine the fair value of the stock-based compensation that it grants to employees and non-employees. The Black-Scholes pricing model takes into consideration such factors as the estimated term of the securities, the conversion or exercise price of the securities, the volatility of the price of the Company’s common stock, interest rates, and the probability that the securities will be converted or exercised to determine the fair value of the securities. The selection of these criteria requires management’s judgment and may impact the Company’s net income or loss. The computation of volatility is intended to produce a volatility value that is representative of the Company’s expectations about the future volatility of the price of its common stock over an expected term. The Company used its share price history to determine volatility and cannot predict what the price of its shares of common stock will be in the future. As a result, the volatility value that the Company calculated may differ from the actual volatility of the price of its shares of common stock in the future.
Operating Leases	Operating Leases Rent expense for leases that contain scheduled rent increases is recognized on a straight-line basis over the lease term, including cancelable option periods where failure to exercise such options would result in an economic penalty such that the renewal appears reasonably assured. The straight-line rent calculation and rent expense includes the rent holiday period, which is the period of time between taking control of a leased site and the rent commencement date. The amount by which straight-line rent exceeds actual lease payment requirements in the early years of the lease is accrued as deferred rent liability and reduced in later years when the actual cash payment requirements exceed the straight-line expense. Contingent rents are generally amounts due as a result of sales in excess of amounts stipulated in certain restaurant leases and are included in rent expense as they are incurred. Landlord contributions are recorded when received as a deferred rent liability and amortized as a reduction of rent expense on a straight-line basis over the lease term.
Marketing and Advertising	Marketing and Advertising Contributions to the national advertising fund related to Company-owned restaurants are expensed as contributed and local advertising costs for Company-owned restaurants are expensed as incurred. All other marketing and advertising costs are expensed as incurred. The Company incurred $423,911 and $90,120 for marketing and advertising costs during the years ended December 31, 2018 and 2017, respectively.
Start-Up Costs	Start-Up Costs Start-up costs consists of costs associated with the opening of new Company-owned restaurants and varies based on the number of new locations opening and under construction. These costs are expensed as incurred in accordance with ASC Topic 720, Other Expenses
Sales Taxes	Sales Taxes Sales taxes collected from customers are excluded from revenue. Sales taxes payable are included in accrued expenses until the taxes are remitted to the appropriate taxing authorities in accordance with ASC Topic 450, Contingencies
Income Taxes	Income Taxes The Company uses the liability method of accounting for income taxes in accordance with ASC Topic 740, Income Taxes Net deferred tax assets were comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Deferred tax assets: Net operating loss carryforwards $ 644,568 $ 527,100 Accruals 93,247 65,260 Deferred tax liabilities: Gain on bargain purchase (156,624 ) — Valuation allowance (581,191 ) (592,360 ) Net deferred tax assets $ — $ — The Company had net operating loss carry-forwards of approximately $2,568,000 and $2,100,000 at December 31, 2018 and 2017, respectively, that may be offset against future taxable income. No tax benefit has been reported in the consolidated financial statements for the Company’s 2018 and 2017 fiscal years because the potential tax benefit is offset by a valuation allowance of the same amount. The Company had no uncertain tax positions at December 31, 2018 and 2017. Effective January 1, 2018, the federal corporate income tax rate was decreased from 34% to 21%. The effect of this change on deferred taxes and the valuation allowance at December 31, 2017 was $244,147. In connection with the completion and filing of its income tax return with the Internal Revenue Service, the Company’s net operating loss carry-forward changed, resulting in an increase to deferred taxes and the valuation allowance of $77,097, bringing the total effect of the change on deferred taxes and the valuation allowance to 321,244 at December 31, 2017. The valuation allowance as of December 31, 2018 and 2017 includes $82,753 and $105,629, respectively, of net operating loss carry forwards that relate to stock compensation expense for income tax reporting purposes that upon realization, would be recorded as additional paid-in capital. The valuation allowance reduces deferred tax assets to an amount that management believes will more likely than not be realized. A reconciliation of the difference between the provision for income taxes and income taxes at the statutory U.S. federal income tax rate for the years ended December 31, 2018 and 2017 is as follows: December 31, 2018 December 31, 2017 Income tax provision at statutory rate $ (59,321 ) $ 123,612 State income taxes (11,582 ) 14,906 Stock compensation expense 82,753 105,629 Effect of change in federal tax rate — 244,147 Other — 11,904 Return to provision net operating loss adjustment — 77,097 Change in valuation allowance (11,850 ) (577,295 ) Net tax provision $ — $ — Utilization of net operating loss carryforwards may be subject to a substantial annual limitation due to ownership change limitations contained in the Internal Revenue Code of 1986, as amended, as well as similar state and foreign provisions. These ownership changes may limit the amount of net operating loss carryforwards that can be utilized annually to offset future taxable income and tax, respectively. On July 31, 2017, Seenu G. Kasturi, who on December 31, 2018 served as the Company’s President, Chief Financial Officer and Chairman of its board of directors, purchased 2,647,144 shares of the Company’s common stock, which represented approximately 38.4% of the outstanding shares of the Company’s common stock on that date, from William D. Leopold. This transaction has been deemed to have resulted in a change in ownership of the Company pursuant to Internal Revenue Code Section 382. As a result, the Company can utilize up to $120,000 of pre-ownership change net operating loss carryforwards each year. Subsequent ownership changes could further affect the limitation in future years. These annual limitation provisions may result in the expiration of certain net operating losses and credits before utilization.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases Leases In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows: Restricted Cash In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In March 2018, the FASB issued ASU 2018-05, Income Taxes (Topic 740) The Company reviewed all other significant newly-issued accounting pronouncements and concluded that they either are not applicable to the Company’s operations or that no material effect is expected on the Company’s consolidated financial statements as a result of future adoption.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of Consolidated Financial Statements	The following table summarizes the impacts of adopting ASC 606 on the Company’s consolidated financial statements as of and for the year ended December 31, 2018: Adjustments As Reported Franchise Fees Advertising Funds Balances Without Adoption Consolidated Balance Sheet Deferred franchise fees $ 13,718 $ (13,718 ) $ — $ — Total current liabilities 4,082,140 (13,718 ) — 4,068,422 Deferred franchise fees, net of current portion 51,516 (51,516 ) — — Total liabilities 15,343,802 (51,516 ) — 15,292,286 Accumulated deficit (5,247,553 ) 65,234 — (5,182,319 ) Total stockholders’ deficit (670,465 ) 65,234 — (605,231 ) Consolidated Statement of Operations Franchise and other revenue $ 922,124 $ (84,454 ) $ (156,796 ) $ 680,874 Franchise and other revenue – related party 204,391 (46,790 ) (32,566 ) 125,035 Total revenue 9,500,537 (131,244 ) (189,362 ) 9,179,931 General and administrative expenses 718,563 — (189,362 ) 529,201 Total operating expenses 10,279,181 — (189,362 ) 10,089,819 Loss from operations (778,644 ) (131,244 ) — (909,888 ) Net loss (282,483 ) (131,244 ) — (413,727 ) Consolidated Statement of Cash Flows Cash flows from operating activities: Net loss $ (282,483 ) $ (131,244 ) $ — $ (413,727 ) Changes in operating assets and liabilities: Deferred franchise fees (131,244 ) 131,244 — —
Schedule of Disaggregation of Revenue	The following table disaggregate revenue by primary geographical market and source: Year Ended December 31, 2018 Year Ended December 31, 2017 Primary Geographic Markets Florida $ 5,011,328 $ 4,057,755 Georgia 504,983 199,822 Kentucky 856,981 — Louisiana 185,742 — West Virginia 2,941,503 — Total revenue $ 9,500,537 $ 4,257,577 Sources of Revenue Restaurant sales $ 8,374,022 $ 3,424,865 Royalties 787,189 829,069 Franchise fees 131,244 — Advertising fund fees 189,362 — Other revenue 18,720 3,643 Total revenue $ 9,500,537 $ 4,257,577
Schedule of Deferred Franchise Fees Under Contract Balances	The following table presents changes in deferred franchise fees as of and for the year ended December 31, 2018: Total Liabilities Deferred franchise fees at January 1, 2018 $ 196,478 Revenue recognized during the period (131,244 ) New deferrals due to cash received — Deferred franchise fees at December 31, 2018 $ 65,234
Schedule of Estimated Franchise Fees to be Recognized in the Future Related to Performance Obligations	The following table presents the estimated franchise fees to be recognized in the future related to performance obligations that were unsatisfied at December 31, 2018: Year Franchise Fees Recognized 2019 $ 13,718 2020 12,000 2021 10,926 2022 9,000 2023 6,637 Thereafter 12,953 Total $ 65,234
Schedule of Net Deferred Tax Assets	Net deferred tax assets were comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Deferred tax assets: Net operating loss carryforwards $ 644,568 $ 527,100 Accruals 93,247 65,260 Deferred tax liabilities: Gain on bargain purchase (156,624 ) — Valuation allowance (581,191 ) (592,360 ) Net deferred tax assets $ — $ —
Schedule of Provision for Income Taxes Reconciliation	A reconciliation of the difference between the provision for income taxes and income taxes at the statutory U.S. federal income tax rate for the years ended December 31, 2018 and 2017 is as follows: December 31, 2018 December 31, 2017 Income tax provision at statutory rate $ (59,321 ) $ 123,612 State income taxes (11,582 ) 14,906 Stock compensation expense 82,753 105,629 Effect of change in federal tax rate — 244,147 Other — 11,904 Return to provision net operating loss adjustment — 77,097 Change in valuation allowance (11,850 ) (577,295 ) Net tax provision $ — $ —

Acquisition of Fat Patty's (Tab

Acquisition of Fat Patty's (Tables)	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Schedule of Assets Acquired and Liabilities Assumed	The assets acquired and liabilities assumed were comprised of the following: Cash $ 7,100 Inventory 91,424 Intangible assets 788,840 Equipment 614,295 Total assets acquired 1,501,659 Gift card liabilities (24,707 ) Total liabilities assumed (24,707 ) Gain on bargain purchase (624,952 ) Net assets acquired with note payable and deferred compensation liability $ 852,000
Schedule of Pro Forma Financial Information	The following table summarizes certain financial information for the years ended December 31, 2018 and 2017 contained in the Company’s Year Ended December 31, 2018 (Unaudited) Year Ended December 31, 2017 (Unaudited) Revenue $ 17,352,358 $ 15,927,114 Income from continuing operations 1,024,359 661,150 Net income 1,520,520 1,090,504 Net income per share – basic $ 0.23 $ 0.16 Net income per share – fully diluted $ 0.22 $ 0.16

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2018
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory was comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Food $ 120,426 $ 23,987 Beverages 90,599 21,430 Total $ 211,025 $ 45,417

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property and equipment, including capital lease assets, was comprised of the following at December 31, 2018 and 2017, respectively: December 31, 2018 December 31, 2017 Land, buildings and improvements $ 11,500,000 $ — Leasehold improvements 323,500 69,472 Furniture, fixtures and equipment 1,021,735 78,621 Subtotal 12,845,235 148,093 Less: accumulated depreciation (307,733 ) (48,979 ) Total $ 12,537,502 $ 99,114

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Finite-Lived Intangible Assets, Net [Abstract]
Schedule of Future Amortization Expense Recognized from Intangible Assets	The following table presents the future amortization expense to be recognized from the Company’s intangible assets at December 31, 2018: Year Amortization Expense to be 2019 $ 3,768 2020 3,768 2021 3,768 2022 3,768 2023 1,493 Thereafter — Total $ 16,565

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of Equity Investment in Seediv Within the Fair Value Hierarchy Utilized to Measure Fair Value on a Recurring Basis	The following table presents the contingent consideration recorded by the Company in connection with the acquisition of Seediv within the fair value hierarchy utilized to measure fair value on a recurring basis at December 31, 2018 and 2017, respectively: Level 1 Level 2 Level 3 December 31, 2018 $ — $ 55,356 $ — December 31, 2017 $ — $ 199,682 $ —

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Rent Expenses Under Operating Leases	Rent expense under the operating leases was $341,124 and $262,350 during the years ended December 31, 2018 and 2017, respectively, and was comprised of the following: December 31, 2018 December 31, 2017 Straight-lined minimum rent $ 340,657 $ 194,770 Contingent rent 467 67,580 Total $ 341,124 $ 262,350
Summary of Future Minimum Annual Payments Under Operating Lease	The following table presents future minimum annual lease payments under the operating leases as of December 31, 2018: Year Future Minimum Lease Payments 2019 $ 466,314 2020 495,892 2021 521,565 2022 534,192 2023 417,344 Thereafter 2,976,232 Total $ 5,411,539
Schedule of Future Annual Minimum Lease Payments Recognized Under Capital Lease	The following table presents the future annual minimum lease payments to be recognized under the capital lease as of December 31, 2018: Year Future Minimum Lease Payments 2019 $ 881,990 2020 897,425 2021 913,130 2022 929,110 2023 945,369 Thereafter 15,924,033 Total 20,491,057 Less: portion representing interest (9,105,147 ) Present value of lease payments $ 11,385,910
Schedule of Future Obligations Under the Capital Lease	The following table presents the future obligations under the capital lease at December 31, 2018: Year Future Lease Obligations Recognized 2019 $ 175,764 2020 202,944 2021 232,148 2022 263,512 2023 297,180 Thereafter 10,214,362 Total $ 11,385,910
Schedule of Future Minimum Annual Payments Under the Sponsorship Agreement	The following table presents the future minimum annual payments under the sponsorship agreement as of December 31, 2018: Year Minimum Annual Payments 2019 $ 204,000 2020 208,080 2021 212,240 2022 216,490 2023 — Thereafter — Total $ 840,810

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Financial Information	Information on segments and a reconciliation of income from operations to net (loss) / income is as follows: Year Ended December 31, 2018 Year Ended December 31, 2017 Revenue Company-owned restaurants $ 8,374,022 $ 3,424,865 Franchise operations 1,126,515 832,712 Total revenue $ 9,500,537 $ 4,257,577 Net (Loss) / Income Company-owned restaurants $ 174,398 $ 234,080 Franchise operations 733,696 773,876 Total income from operations 908,094 1,007,956 Corporate and unallocated expenses (1,190,577 ) (663,216 ) Net (loss) / income $ (282,483 ) $ 344,740 Depreciation and Amortization Company-owned restaurants $ 251,633 $ 17,180 Franchise operations — — Corporate 1,281 — Total $ 252,914 $ 17,180 Capital Expenditures Company-owned restaurants $ 12,658,385 $ 35,196 Franchise operations — — Corporate 32,917 — Total $ 12,691,302 $ 35,196

Restatement of Previously Iss_2

Restatement of Previously Issued Consolidated Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2018
Previously Restated Financial Information [Abstract]
Schedule of Consolidated Statement of Operation	The restatement did not have any impact on the Company’s consolidated balance sheet and statement of cash flows as of and for the year ended December 31, 2017. For the Year Ended December 31, 2017 Consolidated Statement of Operations: As Previously Reported Adjustments As Restated Restaurant sales $ 3,612,951 $ (188,086 ) $ 3,424,865 Revenue 4,445,663 (188,086 ) 4,257,577 Restaurant operating costs – other operating expenses (779,644 ) 188,086 (591,558 )

Description of Business (Detail

Description of Business (Details Narrative) - Restaurants	Dec. 31, 2018	Dec. 31, 2017
Number of restaurants	19	20
Franchisees [Member]
Number of restaurants	17
Florida [Member]
Number of restaurants	16
Georgia [Member]
Number of restaurants	5
Tilted Kilt Eatery and Pub [Member]
Number of restaurants	29
Dick's Wings [Member]
Number of restaurants	21

Significant Accounting Polici_4

Significant Accounting Policies (Details Narrative)	Jul. 31, 2017USD ($)shares	Dec. 31, 2018USD ($)Restaurants	Dec. 31, 2017USD ($)
Net (loss) / income		$ (282,483)	$ 344,740
Cash flows from operations		478,238	248,345
Working capital deficit		$ 2,784,844
Number of segment for reporting | Restaurants		2
Allowance for doubtful accounts		$ 0	0
Amortization of intangible assets		$ 2,275
Description for general adverting fund		Company-owned and franchised restaurants are required to contribute at least 1%, but not more than 2%, of their gross revenue to the Company's general advertising fund.
Deferred franchise fees		$ 65,234	196,478
Revenue		(131,244)
Advertising fund fees		189,362
Marketing and advertising costs		423,911	90,120
Deferred tax assets valuation allowance		581,191	592,360
Net operating loss carry-forwards		2,568,000	2,100,000
Income tax benefit
Uncertain tax positions
Income tax, description		Effective January 1, 2018, the federal corporate income tax rate was decreased from 34% to 21%.
Federal corporate income tax rate		21.00%
Change in effect of valuation allowances			244,147
Stock compensation expense for income tax reporting purposes		82,753	105,629
Seenu G Kasturi [Member]
Stock compensation expense for income tax reporting purposes	$ 2,647,144
Common stock issued for settlement of litigation (in shares) | shares	38.4
Seenu G Kasturi [Member] | Maximum [Member]
Percentage of common stock outstanding shares	12000000.00%
Internal Revenue Service (IRS) [Member]
Deferred tax assets valuation allowance			77,097
Change in effect of valuation allowances			$ 321,244
Non-compete Agreement [Member]
Amortization of intangible assets		$ 2,275

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Consolidated Financial Statements (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Deferred franchise fees	$ 13,718
Total current liabilities	4,082,140	1,235,150
Deferred franchise fees, net of current portion	51,516
Total liabilities	15,343,802	1,235,150
Accumulated deficit	(5,247,553)	(4,768,592)
Total stockholders' deficit	(670,465)	(676,924)	$ (1,148,904)
Total revenue	9,500,537	4,257,577
General and administrative expenses	718,563	354,950
Total operating expenses	10,279,181	4,342,191
Loss from operations	(778,644)	(84,614)
Net loss	(282,483)	344,740
Deferred franchise fees	(131,244)
Franchise and Other Revenue [Member]
Total revenue	922,124
Franchise and Other Revenue Related Party [Member]
Total revenue	204,391
Adjustments Franchise Fees [Member]
Deferred franchise fees	(13,718)
Total current liabilities	(13,718)
Deferred franchise fees, net of current portion	(51,516)
Total liabilities	(51,516)
Accumulated deficit	65,234
Total stockholders' deficit	65,234
Total revenue	(131,244)
General and administrative expenses
Total operating expenses
Loss from operations	(131,244)
Net loss	(131,244)
Deferred franchise fees	131,244
Adjustments Franchise Fees [Member] | Franchise and Other Revenue [Member]
Total revenue	(84,454)
Adjustments Franchise Fees [Member] | Franchise and Other Revenue Related Party [Member]
Total revenue	(46,790)
Adjustments Advertising Funds [Member]
Deferred franchise fees
Total current liabilities
Deferred franchise fees, net of current portion
Total liabilities
Accumulated deficit
Total stockholders' deficit
Total revenue	(189,362)
General and administrative expenses	(189,362)
Total operating expenses	(189,362)
Loss from operations
Net loss
Deferred franchise fees
Adjustments Advertising Funds [Member] | Franchise and Other Revenue [Member]
Total revenue	(156,796)
Adjustments Advertising Funds [Member] | Franchise and Other Revenue Related Party [Member]
Total revenue	(32,566)
Balances Without Adoption [Member]
Deferred franchise fees
Total current liabilities	4,068,422
Deferred franchise fees, net of current portion
Total liabilities	15,292,286
Accumulated deficit	(5,182,319)
Total stockholders' deficit	(605,231)
Total revenue	9,179,931
General and administrative expenses	529,201
Total operating expenses	10,089,819
Loss from operations	(909,888)
Net loss	(413,727)
Deferred franchise fees
Balances Without Adoption [Member] | Franchise and Other Revenue [Member]
Total revenue	680,874
Balances Without Adoption [Member] | Franchise and Other Revenue Related Party [Member]
Total revenue	$ 125,035

Significant Accounting Polici_6

Significant Accounting Policies - Schedule of Disaggregation of Revenue (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Total revenue	$ 9,500,537	$ 4,257,577
Restaurant Sales [Member]
Total revenue	8,374,022	3,424,865
Royalties [Member]
Total revenue	787,189	829,069
Franchise Fees [Member]
Total revenue	131,244
Advertising Fund Fees [Member]
Total revenue	189,362
Other Revenue [Member]
Total revenue	18,720	3,643
Florida [Member]
Total revenue	5,011,328	4,057,755
Georgia [Member]
Total revenue	504,983	199,822
Kentucky [Member]
Total revenue	856,981
Louisiana [Member]
Total revenue	185,742
West Virginia [Member]
Total revenue	$ 2,941,503

Significant Accounting Polici_7

Significant Accounting Policies - Schedule of Deferred Franchise Fees Under Contract Balances (Details)	12 Months Ended
	Dec. 31, 2018USD ($)
Accounting Policies [Abstract]
Deferred franchise fees at January 1, 2018	$ 196,478
Revenue recognized during the period	(131,244)
New deferrals due to cash received
Deferred franchise fees at December 31, 2018	$ 65,234

Significant Accounting Polici_8

Significant Accounting Policies - Schedule of Estimated Franchise Fees to be Recognized in the Future Related to Performance Obligations (Details)	Dec. 31, 2018USD ($)
Accounting Policies [Abstract]
2019	$ 13,718
2020	12,000
2021	10,926
2022	9,000
2023	6,637
Thereafter	12,953
Total	$ 65,234

Significant Accounting Polici_9

Significant Accounting Policies - Schedule of Net Deferred Tax Assets (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Deferred tax assets: Net operating loss carryforwards	$ 644,568	$ 527,100
Deferred tax assets: Accruals	93,247	65,260
Deferred tax liabilities: Gain on bargain purchase	(156,624)
Valuation allowance	(581,191)	(592,360)
Net deferred tax assets

Significant Accounting Polic_10

Significant Accounting Policies - Schedule of Provision for Income Taxes Reconciliation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Income tax provision at statutory rate	$ (59,321)	$ 123,612
State income taxes	(11,582)	14,906
Stock compensation expense	82,753	105,629
Effect of change in federal tax rate		244,147
Other		11,904
Return to provision net operating loss adjustment		77,097
Change in valuation allowance	(11,850)	(577,295)
Net tax provision

Acquisition of Seediv (Details

Acquisition of Seediv (Details Narrative) - USD ($)	Dec. 19, 2016	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Payment agreed for membership interests		$ 852,000
Contingent consideration		55,356	$ 199,682
Seediv, LLC [Member]
Business Acquisition [Line Items]
Payment agreed for membership interests	$ 600,000
Contingent consideration		55,356	199,682
Seediv, LLC [Member] | Mr. Kasturi [Member]
Business Acquisition [Line Items]
Contingent consideration	$ 20,897	$ 144,326	$ 199,682

Acquisition of Fat Patty's (Det

Acquisition of Fat Patty's (Details Narrative) - USD ($)	Aug. 30, 2018	Aug. 03, 2018	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Net assets acquired by entity			$ 852,000
Fair value of the identifiable assets acquired and liabilities assumed			(24,707)
Gain on bargain purchase option			624,952
Revenue			9,500,537	4,257,577
Net (loss) / income			(282,483)	$ 344,740
Fat Patty [Member]
Business Acquisition [Line Items]
Payments to sellers for assets		$ 12,352,000
Amount paid to sellers at closing of acquisition		12,000,000
Additional amount paid within 10 days after asset acquisition closing date to seller		40,000
Remaining amount to be paid to seller on first anniversary of closing of acquisition		312,000
Net assets acquired by entity		852,000
Acquisition - related transaction costs			82,929
Fair value of the identifiable assets acquired and liabilities assumed			1,476,952
Increase in purchase price of business			624,952
Gain on bargain purchase option			624,952
Revenue			3,798,484
Net (loss) / income			$ 164,182
Fat Patty [Member] | Seenu G Kasturi [Member]
Business Acquisition [Line Items]
Proceeds from related party debt	$ 622,929
Interest rate per annum	6.00%
Common stock at a conversion rate	$ 1.36
Store Capital Acquisitions, LLC [Member] | Purchase And Sale Agreement [Member]
Business Acquisition [Line Items]
Proceeds from sale of real properties upon which restaurants acquired		11,500,000
Ultimate purchase price of assets and properties		$ 852,000
Store Capital Acquisitions, LLC [Member] | Master Lease Agreement [Member]
Business Acquisition [Line Items]
Lease expires date			Aug. 31, 2038
Additional successive term of lease			5 years
Aggregate base annual rent			$ 876,875
Percentage of increase in additional rent			1.75%

Acquisition of Fat Patty's - Sc

Acquisition of Fat Patty's - Schedule of Assets Acquired and Liabilities Assumed (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Business Combinations [Abstract]
Cash	$ 7,100
Inventory	91,424
Intangible assets	788,840
Equipment	614,295
Total assets acquired	1,501,659
Gift card liabilities	(24,707)
Total liabilities assumed	(24,707)
Gain on bargain purchase	(624,952)
Net assets acquired with note payable and deferred compensation liability	$ 852,000

Acquisition of Fat Patty's - _2

Acquisition of Fat Patty's - Schedule of Pro Forma Financial Information (Details) - Fat Patty [Member] - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Revenue	$ 17,352,358	$ 15,927,114
Income from continuing operations	1,024,359	661,150
Net income	$ 1,520,520	$ 1,090,504
Net income per share - basic	$ 0.23	$ 0.16
Net income per share - fully diluted	$ 0.22	$ 0.16

Agreement to Acquire Tilted K_2

Agreement to Acquire Tilted Kilt (Details Narrative) - Seenu G Kasturi [Member] - USD ($)	Jul. 31, 2017	Dec. 31, 2018
Business Acquisition [Line Items]
Stock issued during period, shares	38.4
Membership Interest Purchase Agreement [Member] | SDA Holdings, LLC [Member]
Business Acquisition [Line Items]
Number of common stock for transaction		718,563
Proceeds from sale of debt or equity securities		$ 2,000,000
Stock issued during period, shares		666,667
Number of common stock replace		718,563
Debt instrument principal amount		$ 2,500,000

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Inventory [Line Items]
Total	$ 211,025	$ 45,417
Food [Member]
Inventory [Line Items]
Total	120,426	23,987
Beverages [Member]
Inventory [Line Items]
Total	$ 90,599	$ 21,430

Property and Equipment, Net (De

Property and Equipment, Net (Detail Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 12,845,235	$ 148,093
Depreciation expense	252,914	17,180
Land, Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	11,500,000
Assets acquired on the capital lease with related depreciation expense and accumulated depreciation	$ 98,324

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property, Plant and Equipment (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Subtotal	$ 12,845,235	$ 148,093
Less: accumulated depreciation	(307,733)	(48,979)
Total	12,537,502	99,114
Land, Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Subtotal	11,500,000
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Subtotal	323,500	69,472
Furniture, Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Subtotal	$ 1,021,735	$ 78,621

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Aug. 30, 2018
Finite-Lived Intangible Assets [Line Items]
Amount of Intangible assets	$ 786,565
Assembled workforce and non-compete agreement, amortization method	straight-line basis
Assembled workforce and non-compete agreement, expected period	5 years
Amortization recognized	$ 2,275
Non-compete Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization recognized	$ 2,275
Fat Patty [Member]
Finite-Lived Intangible Assets [Line Items]
Amount of Intangible assets			$ 788,840
Fat Patty [Member] | Non-compete Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Amount of Intangible assets			18,840
Trade Names [Member] | Fat Patty [Member]
Finite-Lived Intangible Assets [Line Items]
Amount of Intangible assets			$ 770,000

Intangible Assets - Schedule of

Intangible Assets - Schedule of Future Amortization Expense Recognized from Intangible Assets (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Total	$ 786,565
Intangible Assets [Member]
2019	3,768
2020	3,768
2021	3,768
2022	3,768
2023	1,493
Thereafter
Total	$ 16,565

Fair Value Measurements (Detail

Fair Value Measurements (Detail Narrative) - USD ($)	Sep. 30, 2017	Dec. 19, 2016	Sep. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Jan. 20, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration				$ 55,356	$ 199,682
Acquisition of Seediv [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration		$ 20,897
Additional compensation expense					178,785
Increase in contingent consideration					$ 199,682
Seenu G Kasturi [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of ownership interest	50.00%		50.00%	89.30%
Sale of investment	$ 24,000
Seenu G Kasturi [Member] | Employment Agreement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Earnout payment				$ 144,326
Seenu G Kasturi [Member] | Acquisition of Seediv [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Earnout payment		$ 199,682		$ 144,326
Utah Limited Liability [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of ownership interest						50.00%
Net loss			$ 440,561

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Equity Investment in Seediv Within the Fair Value Hierarchy Utilized to Measure Fair Value on a Recurring Basis (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	$ 55,356	$ 199,682
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	55,356	199,682
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration

Notes Receivable (Details Narra

Notes Receivable (Details Narratives) - USD ($)	1 Months Ended				12 Months Ended
	Oct. 31, 2017	Sep. 30, 2016	Jul. 31, 2016	Jun. 30, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Principal outstanding under loan current						$ 25
Interest accrued
Short term notes receivable					2,967	28,522
Long term notes receivable					2,553	5,106
Interest income					715	2,340
Interest receivable
Promissory Notes [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Principal outstanding under loan current					414	25,944
Debt instrument term		2 years	2 years	2 years
Debt instrument interest rate		5.00%		5.00%
Interest accrued					715	1,925
Payment of interest						2,763
Franchisees [Member] | Line of Credit Agreement [Member] | Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate original principal amount			$ 28,136
Franchisees [Member] | Second Line of Credit Agreement [Member] | Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate original principal amount		$ 25,000
Franchisees [Member] | Promissory Notes [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate original principal amount				$ 25,000
Unrelated Third Parties [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes receivable					5,520	33,628
Notes Receivable [Member] | Franchisees [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate original principal amount								$ 6,329
Principal outstanding under loan current						25
Notes Receivable One [Member] | Franchisees [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate original principal amount		$ 13,869
Principal outstanding under loan current							$ 13,318
Debt instrument interest rate		5.00%
Interest accrued						$ 415
Debt instrument maturity date		Nov. 15, 2018
Notes Receivable Two [Member] | Franchisees [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Aggregate original principal amount	$ 7,659
Principal outstanding under loan current					$ 5,106
Debt instrument maturity date	Dec. 1, 2020

Debt Obligations (Details Narra

Debt Obligations (Details Narrative) - USD ($)	Aug. 30, 2018	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 19, 2016	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2013
Debt Instrument [Line Items]
Revolving line of credit
Amortization of of discount			9,548
Capital lease obligation			720,178	30,503
Secured Convertible Promissory Note [Member]
Debt Instrument [Line Items]
Debt instrument discount	$ 155,732		145,290
Amortization of of discount			10,442
Secured Convertible Promissory Note [Member] | Seenu G Kasturi [Member]
Debt Instrument [Line Items]
Proceeds from related party debt	$ 622,929
Promissory Notes [Member]
Debt Instrument [Line Items]
Debt instrument interest rate							5.00%	5.00%
Blue Victory Holdings, Inc [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity				61,721
Revolving line of credit					$ 16,103
Repayments of line of credit				77,824
Debt instrument face amount			236,333	$ 30,503
Debt instrument interest rate				6.00%
Proceeds from related party debt			277,707	$ 372,049
Repayments of debt from related party			$ 71,877	$ 341,546
Seediv, LLC [Member] | Promissory Notes [Member]
Debt Instrument [Line Items]
Debt instrument face amount					$ 216,469	$ 216,469
Debt instrument interest rate						6.00%
Loan Agreement [Member]
Debt Instrument [Line Items]
Credit facility interest rate		6.00%
Loan Agreement [Member] | Blue Victory Holdings, Inc [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity									$ 1,000,000
Loan Agreement [Member] | Blue Victory Holdings, Inc [Member] | Minimum [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 1,000,000
Loan Agreement [Member] | Blue Victory Holdings, Inc [Member] | Maximum [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 50,000

Capital Stock (Details Narrativ

Capital Stock (Details Narrative) - USD ($)	Jul. 31, 2017	Sep. 27, 2011	Sep. 30, 2018	Aug. 31, 2018	Jun. 30, 2018	May 31, 2018	Jan. 31, 2018	Aug. 31, 2017	May 31, 2017	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Capital Stock [Line Items]
Class A common stock, shares authorized											100,000,000	100,000,000
Class A common stock, par value											$ 0.01	$ 0.01
Class A common stock, shares outstanding											6,680,065	6,950,869
Series A convertible preferred stock, shares authorized					1,000,000						1,000,000	1,000,000
Series A convertible preferred stock, par value					$ 0.01						$ 0.01	$ 0.01
Series A convertible preferred stock, shares outstanding											449,581	0
Number of shares issued for services, value											$ 319,686	$ 247,240
Stock based compensation											329,688	247,240
Stock subscriptions payable											15,453	26,853
Write-off of stock subscriptions payable												150,000
Consulting fees											$ 796,473	$ 407,512
Preferred stock description					Each share of Series A convertible preferred stock is entitled to 100 votes per share and is convertible into one share of the Company's common stock at a conversion price of $0.75 per share of common stock.
Conversion price of common stock					$ 0.75
Number of stock option exercisable											30,000
Maximum [Member]
Capital Stock [Line Items]
Class A common stock, shares outstanding					6,974,008
Minimum [Member]
Capital Stock [Line Items]
Class A common stock, shares outstanding					6,524,427
Common Stock [Member]
Capital Stock [Line Items]
Number of shares issued for services											178,777	268,110
Number of shares issued for services, value											$ 1,788	$ 2,681
Write-off of stock subscriptions payable
Maxim Group, LLC [Member]
Capital Stock [Line Items]
Stock based compensation											245,000	180,000
Agreement term			1 year						1 year
Repayment of debt per month									$ 5,000
Stock issued during period, shares			125,000						225,000
Number of shares issued, values			$ 7,500
Firm [Member]
Capital Stock [Line Items]
Number of shares issued for services				1,500						3,500
Number of shares issued for services, value				$ 7,000						$ 12,250
Stock based compensation											11,685
Consultant [Member]
Capital Stock [Line Items]
Number of shares issued for services		142,857
Number of shares issued for services, value		$ 150,000
Stock based compensation		$ 150,000
Stock subscriptions payable												150,000
Stock issued during period, shares								35,295
Consulting fees								$ 30,000
Non-Executive Employees [Member]
Capital Stock [Line Items]
Stock based compensation												2,338
Stock issued during period, shares								2,750
Franchisees [Member]
Capital Stock [Line Items]
Stock based compensation											9,000	11,050
Stock issued during period, shares							5,625	13,000
Seenu G Kasturi [Member]
Capital Stock [Line Items]
Stock based compensation												40,500
Stock issued during period, shares	38.4
Seenu G Kasturi [Member] | Series A Convertible Preferred Stock [Member]
Capital Stock [Line Items]
Stock issued during period, shares					449,581
Seenu G Kasturi [Member] | Employment Agreement [Member]
Capital Stock [Line Items]
Stock based compensation											40,647	$ 13,353
Seenu G Kasturi [Member] | Employment Agreement [Member] | Common Stock [Member]
Capital Stock [Line Items]
Stock based compensation											13,353
Seenu G Kasturi [Member] | Securities Purchase Agreement [Member] | Common Stock [Member]
Capital Stock [Line Items]
Stock issued during period, shares					449,581
Seenu G Kasturi [Member] | Securities Purchase Agreement [Member] | Series A Convertible Preferred Stock [Member]
Capital Stock [Line Items]
Stock issued during period, shares					449,581
Employee [Member]
Capital Stock [Line Items]
Stock based compensation						$ 6,254					$ 10,002
Number of stock option exercisable						30,000
Employee [Member] | May 15, 2021 [Member]
Capital Stock [Line Items]
Stock issued during period, shares						20,000
Number of shares issued, values						$ 33,000

Stock Options and Warrants (Det

Stock Options and Warrants (Details Narrative) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Stock Options and Warrants [Abstract]
Number of stock option shares issued
Number of stock option exercisable	30,000
Stock option exercise price	$ 1.49
Number of stock option oustanding
Warrants exercisable
Warrants outstanding

Stock Compensation Plans (Detai

Stock Compensation Plans (Details Narrative) - shares	1 Months Ended		12 Months Ended
	Jun. 30, 2014	Aug. 31, 2011	Dec. 31, 2018	Dec. 31, 2017	Aug. 18, 2011
Number of common stock granted to employees, officers and directors of, and consultants and advisors
Stock Incentive Plan 2011 [Member]
Number of common stock granted to employees, officers and directors of, and consultants and advisors		1,214,286
Number of common stock available for issuance			142,858		1,214,286
Stock Incentive Plan 2014 [Member]
Number of common stock granted to employees, officers and directors of, and consultants and advisors	1,000,000
Number of common stock available for issuance			1,000,000

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative)

Nov. 15, 2018USD ($)

Sep. 25, 2018USD ($)

May 01, 2018USD ($)

Dec. 31, 2017USD ($)

Apr. 01, 2017USD ($)ft²

Jan. 18, 2017USD ($)

Dec. 20, 2016USD ($)RentPeriod

Jul. 01, 2015USD ($)

Jan. 22, 2013USD ($)shares

Jan. 22, 2013USD ($)

Aug. 30, 2018USD ($)

Jan. 31, 2018USD ($)

Nov. 30, 2017USD ($)

Jul. 31, 2015USD ($)

Jan. 31, 2015USD ($)

May 31, 2014

Oct. 31, 2013USD ($)

Jul. 31, 2013USD ($)

Dec. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Aug. 19, 2013$ / shares

Commitments And Contingencies [Line Items]

Labor

$ 2,801,867

$ 1,159,026

Fixed monthly rent payment

341,124

262,350

Monthly rent payments for two year

495,892

Monthly rent payments for three year

521,565

Capital lease obligation

$ 30,503

720,178

30,503

Short-term portion of capital lease obligation

175,764

Long-term portion of capital lease obligation

11,210,146

Property and equipment

148,093

12,845,235

148,093

Future payment of lease

11,385,910

Interest expense

178,201

Accounts payable outstanding

709,621

709,621

Gain loss on write off of accounts payable

251,238

More Than Five Year [Member]

Commitments And Contingencies [Line Items]

Accounts payable outstanding

251,238

251,238

Land, Buildings and Improvements [Member]

Commitments And Contingencies [Line Items]

Property and equipment

11,500,000

Future payment of lease

20,491,057

Interest on lease

9,105,147

Assets acquired on the capital lease with related depreciation expense and accumulated depreciation

98,324

Dwg Acquisitions LLC [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 1,100

Percentage increase in additional annual rent payment

6.00%

Initial term of lease

53 months

Additional term of lease

60 months

DWAG Valdosta, LLC [Member]

Commitments And Contingencies [Line Items]

Percentage increase in additional annual rent payment

6.00%

Annual gross sales on restaurant

$ 1,000,000

Panama City Beach Dick's Wings Restaurant [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 3,000

Corporate Headquarters [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 2,063

$ 1,806

Lease expire date

Dec. 31, 2018

Dec. 31, 2017

New Corporate Headquarters [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 4,000

Master Lease [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 876,875

Lease expire date

Aug. 31, 2038

Lease arrangement, description

(i) 1.75%, or (ii) 1.25 times the change in the Consumer Price Index.

Capital lease obligation

$ 11,500,000

11,385,910

Short-term portion of capital lease obligation

171,411

Long-term portion of capital lease obligation

11,214,499

Employment Agreement [Member]

Commitments And Contingencies [Line Items]

Amount of common stock connection with employee agreement

$ 50,000

Employment Agreement [Member] | Richard W. Akam [Member]

Commitments And Contingencies [Line Items]

Annual compensation

$ 150,000

Term of agreement

1 year

Amount of common stock connection with employee agreement

$ 50,000

Amount of additional shares of common stock to be issued

$ 50,000

Number of common stock issued in connection with employment agreement | shares

71,429

Additional renewal term of agreement

1 year

Employment Agreement [Member] | Daniel Slone [Member]

Commitments And Contingencies [Line Items]

Annual base salary per value | $ / shares

$ 1

Employment Agreement [Member] | Seenu G Kasturi [Member]

Commitments And Contingencies [Line Items]

Annual compensation

$ 80,000

Initial annual base salary

26,000

Labor

$ 54,000

Lease Agreement [Member] | Dwg Acquisitions LLC [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 7,035

Lease expire date

Mar. 31, 2023

Additional term of lease

60 months

Area of square feet | ft²

3,400

Lease Agreement [Member] | Youngerman Circle Restaurant [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 10,000

Initial term of lease

20 years

10 years

Additional term of lease

5 years

1 year

Initial base rent payment percentage of net sales

7.50%

7.00%

Number of rent period per year | RentPeriod

13

Lease arrangement, description

The lease provides for rent payments to be made by the Company for each of 13 rent periods per year, with each rent period comprised of four weeks. The lease provides for an initial base rent payment equal to the greater of: (i) $10,000 per rent period, or (ii) 7.5% of the Youngerman Circle Restaurant's net sales for the applicable rent period. Commencing on the fifth (5th) anniversary and continuing every five years thereafter, the base rent will be equal to the sum of: (i) the average base rent previously in effect for the preceding five-year period, and (ii) the product of such previous average base rent multiplied by 7.5%. The lease has an initial term of 20 years and provides the Company with an option to extend the lease for two additional five-year periods.

Lease Agreement [Member] | DWAG Valdosta, LLC [Member]

Commitments And Contingencies [Line Items]

Initial term of lease

5 years

5 years

Additional term of lease

5 years

5 years

Monthly rent payments for two year

$ 3,333

$ 3,333

Monthly rent payments for three year

$ 5,000

$ 5,000

Lease Agreement [Member] | Panama City Beach Dick's Wings Restaurant [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 5,000

Lease expire date

Jun. 30, 2018

Percentage increase in additional annual rent payment

6.00%

Initial term of lease

3 years

Additional term of lease

3 years

Annual gross sales on restaurant

$ 1,200,000

Lease Agreement [Member] | Tallahassee Dick's Wings Restaurant [Member]

Commitments And Contingencies [Line Items]

Percentage increase in additional annual rent payment

6.00%

Initial term of lease

10 years

Additional term of lease

5 years

Lease arrangement, description

DWAG has the right to terminate the lease at the end of the 42nd month of the initial term in the event if gross sales during the period commencing on the first day of the 25th month of the initial term and ending on the last day of the 36th month of the initial term are less than $1,400,000

Annual gross sales on restaurant

$ 1,400,000

Monthly rent payments for one year

Tenant improvement

$ 250,000

Lease Agreement [Member] | Gonzalez Tilted Kilt Restaurant [Member]

Commitments And Contingencies [Line Items]

Fixed monthly rent payment

$ 12,000

Initial term of lease

10 years

Additional term of lease

5 years

Increase to term lease

$ 17,600

Sponsorship Agreement [Member]

Commitments And Contingencies [Line Items]

Monthly rent payments for two year

208,080

Monthly rent payments for three year

$ 212,240

Sponsorship Agreement [Member] | Jacksonville Jaguars, LLC [Member]

Commitments And Contingencies [Line Items]

Lease expire date

Feb. 28, 2023

Initial term of lease

5 years

3 years

Additional term of lease

2 years

Annual fees

$ 3,000

$ 2,000

Annual fees during first year agreement

$ 200,000

Annual fees increases from first year to last year agreement

216,490

Services fees during first year agreement

35,000

Services fees increases from first year to last year agreement

$ 37,890

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Rent Expenses Under Operating Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Straight-lined minimum rent	$ 340,657	$ 194,770
Contingent rent	467	67,580
Total	$ 341,124	$ 262,350

Commitments and Contingencies_3

Commitments and Contingencies - Summary of Future Minimum Annual Payments Under Operating Lease (Details)	Dec. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 466,314
2020	495,892
2021	521,565
2022	534,192
2023	417,344
Thereafter	2,976,232
Total	$ 5,411,539

Commitments and Contingencies_4

Commitments and Contingencies - Schedule of Future Annual Minimum Lease Payments Recognized Under Capital Lease (Details)	Dec. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 881,990
2020	897,425
2021	913,130
2022	929,110
2023	945,369
Thereafter	15,924,033
Total	20,491,057
Less: portion representing interest	(9,105,147)
Present value of lease payments	$ 11,385,910

Commitments and Contingencies_5

Commitments and Contingencies - Schedule of Future Obligations Under the Capital Lease (Details)	Dec. 31, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 175,764
2020	202,944
2021	232,148
2022	263,512
2023	297,180
Thereafter	10,214,362
Total	$ 11,385,910

Commitments and Contingencies_6

Commitments and Contingencies - Schedule of Future Minimum Annual Payments Under the Sponsorship Agreement (Details)	Dec. 31, 2018USD ($)
Loss Contingencies [Line Items]
2019	$ 466,314
2020	495,892
2021	521,565
2022	534,192
2023	417,344
Thereafter	2,976,232
Total	5,411,539
Sponsorship Agreement [Member]
Loss Contingencies [Line Items]
2019	204,000
2020	208,080
2021	212,240
2022	216,490
2023
Thereafter
Total	$ 840,810

Related-Party Transactions (Det

Related-Party Transactions (Details Narrative) - USD ($)	Jun. 30, 2018	Oct. 04, 2017	Sep. 30, 2017	Jul. 31, 2017	Dec. 19, 2016	Jun. 30, 2018	Sep. 30, 2017	Dec. 31, 2018	Dec. 31, 2017	Aug. 30, 2018	Dec. 31, 2016
Related Party Transaction [Line Items]
Revenue								$ 9,500,537	$ 4,257,577
Purchase price for the property								614,295
Tilted Kilt [Member]
Related Party Transaction [Line Items]
Payment of fund fees								2,416
Sponsorship Agreements [Member]
Related Party Transaction [Line Items]
Incurred net expenses									2,680
Franchise Agreement [Member]
Related Party Transaction [Line Items]
Accounts payable and accrued expenses								189,675
Blue Victory Holdings, Inc [Member]
Related Party Transaction [Line Items]
Aggregate original principal amount								236,333	30,503
Maximum borrowing capacity									61,721
Dwg Acquisitions LLC [Member]
Related Party Transaction [Line Items]
Rent payments	$ 3,000
Accounts receivable									1,505
Fund receivable from acquisitions									2,280
Accounts payable and accrued expenses								41,512	65,349
Dwg Acquisitions LLC [Member] | Franchise Agreement [Member]
Related Party Transaction [Line Items]
Revenue								$ 204,391	156,705
Seediv, LLC [Member] | Promissory Notes [Member]
Related Party Transaction [Line Items]
Aggregate original principal amount					$ 216,469						$ 216,469
Seediv, LLC [Member] | Blue Victory Holdings, Inc | Promissory Notes [Member]
Related Party Transaction [Line Items]
Aggregate original principal amount									$ 216,469
Seediv, LLC [Member] | Racing Qsr Llc [Member]
Related Party Transaction [Line Items]
Purchase price for the property		$ 2,000,000
Amount of deposit required with in ten days of agreement		$ 10,000
Seediv, LLC [Member] | Asset Purchase Agreement [Member]
Related Party Transaction [Line Items]
Maximum borrowing capacity										$ 622,929
Seenu G Kasturi [Member] | Limited Liability Company [Member]
Related Party Transaction [Line Items]
Ownership percentage in common stock of company			50.00%				50.00%
Seenu G Kasturi [Member]
Related Party Transaction [Line Items]
Equity interest rate			50.00%				50.00%	89.30%
Stock issued during period, shares				38.4
Acquired outstanding purchase price					600,000
Purchase price			$ 24,000
Seenu G Kasturi [Member] | Acquisition of Seediv [Member]
Related Party Transaction [Line Items]
Earnout payment					$ 199,682			$ 144,326
Seenu G Kasturi [Member] | Blue Victory Holdings, Inc [Member]
Related Party Transaction [Line Items]
Equity interest rate								90.00%
Seenu G Kasturi [Member] | Limited Liability Company [Member]
Related Party Transaction [Line Items]
Purchase price							$ 24,000
Seenu G Kasturi [Member] | Series A Convertible Preferred Stock [Member]
Related Party Transaction [Line Items]
Equity interest rate								100.00%
Stock issued during period, shares						449,581
Exchange shares of common stock						449,581
Seenu G Kasturi [Member] | Common Stock [Member] | ARC Group, Inc
Related Party Transaction [Line Items]
Ownership percentage in common stock of company								26.60%

Judgments in Legal Proceedings

Judgments in Legal Proceedings (Details Narrative) - USD ($)	Nov. 11, 2011	Oct. 04, 2011	Jan. 31, 2015	Dec. 25, 2011	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017
Loss Contingencies [Line Items]
Interest expense						$ 7,829	$ 7,829
Accrued interest outstanding
Legal fees						194,747	194,747
Gain on settlement of litigation						276,269	264,997
Accrued legal contingency						163,764	155,935
Pending Litigation [Member] | Breach of Guaranty of Certain Obligations of Ritz Aviation Llc [Member]
Loss Contingencies [Line Items]
Loss from legal proceedings					$ 82,642
Accrued interest outstanding						41,638	33,809
Loss contingency damages sought			$ 194,181		111,539
Accrued legal contingency						163,764	155,935
Other expenses outstanding			$ 10,586		$ 10,586
Breach Of Guarantee [Member]
Loss Contingencies [Line Items]
Litigation settlement amount		$ 161,747
Litigation settlement expense	$ 33,000
Accrued interest of litigation settlement				$ 2,369
Loss from legal proceedings				$ 197,116
Interest expense						11,272	11,272
Accrued interest outstanding						$ 81,522	$ 70,250

Segment Reporting (Details Narr

Segment Reporting (Details Narrative)	12 Months Ended
	Dec. 31, 2018RestaurantsSegment	Dec. 31, 2017Restaurants
Segment Reporting [Abstract]
Number of reportable segments | Segment	2
Agreement term, description	The agreements have a 10-year term and can be renewed for one additional 10-year term.
Number of franchised restaurants | Restaurants	19	20

Segment Reporting - Schedule of

Segment Reporting - Schedule of Segment Reporting Financial Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue	$ 9,500,537	$ 4,257,577
Total income from operations	908,094	1,007,956
Corporate and unallocated expenses	(1,190,577)	(663,216)
Net (loss) / income	(282,483)	344,740
Depreciation and amortization, total	252,914	17,180
Capital expenditures, total	12,691,302	35,196
Company-Owned Restaurants [Member]
Revenue	8,374,022	3,424,865
Total income from operations	174,398	234,080
Depreciation and amortization, total	251,633	17,180
Capital expenditures, total	12,658,385	35,196
Franchise Operations [Member]
Revenue	1,126,515	832,712
Total income from operations	733,696	773,876
Depreciation and amortization, total
Capital expenditures, total
Corporate [Member]
Depreciation and amortization, total	1,281
Capital expenditures, total	$ 32,917

Restatement of Previously Iss_3

Restatement of Previously Issued Consolidated Financial Statements (Detail Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Previously Restated Financial Information [Line Items]
Discount amount	$ 9,548
Restaurant sales	9,500,537	4,257,577
Restaurant operating costs - other operating expenses	$ 1,840,661	591,558
Restatement Adjustments [Member]
Previously Restated Financial Information [Line Items]
Discount amount		188,086
Restaurant sales		(188,086)
Restaurant operating costs - other operating expenses		188,086
Reducing restaurant sales and restaurant operating costs - other operating expenses		$ 188,086

Restatement of Previously Iss_4

Restatement of Previously Issued Consolidated Financial Statements - Schedule of Consolidated Statement of Operation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Previously Restated Financial Information [Line Items]
Revenue	$ 9,500,537	$ 4,257,577
Restaurant operating costs - other operating expenses	1,840,661	591,558
Restaurant Sales [Member]
Previously Restated Financial Information [Line Items]
Revenue	$ 8,374,022	3,424,865
Previously Reported [Member]
Previously Restated Financial Information [Line Items]
Revenue		4,445,663
Restaurant operating costs - other operating expenses		(779,644)
Previously Reported [Member] | Restaurant Sales [Member]
Previously Restated Financial Information [Line Items]
Revenue		3,612,951
Restatement Adjustments [Member]
Previously Restated Financial Information [Line Items]
Revenue		(188,086)
Restaurant operating costs - other operating expenses		188,086
Restatement Adjustments [Member] | Restaurant Sales [Member]
Previously Restated Financial Information [Line Items]
Revenue		$ (188,086)

Subsequent Events (Detail Narra

Subsequent Events (Detail Narrative) - USD ($)	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2019	Jan. 29, 2019	Jan. 02, 2019	Jan. 01, 2019	Jul. 31, 2017	Sep. 30, 2018	May 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Number of shares granted
Subscripton amount										$ 15,453	$ 26,853
Maxim Group, LLC [Member]
Subsequent Event [Line Items]
Stock issued during period of private offering								125,000	225,000
Seenu G Kasturi [Member]
Subsequent Event [Line Items]
Stock issued during period of private offering							38.4
Subsequent Event [Member]
Subsequent Event [Line Items]
Stock purchase price per share unit				$ 1.40
Warrant exercisable term				5 years
Warrant exercise price per share				$ 1.55
Debt instrument, terminate date				Mar. 31, 2019
Debt instrumetn, extended date				May 31, 2019
Subscripton amount				$ 500,000
Subsequent Event [Member] | Maxim Group, LLC [Member]
Subsequent Event [Line Items]
Warrant exercisable term				5 years
Warrant exercise price per share				$ 1.55
Percenatge of Placement fee				7.00%
Number of shares of common stock purchase percentage				4.00%
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Stock issued during period of private offering				5,000,000
Additional offering increased in value				$ 1,000,000
Subsequent Event [Member] | Seenu G Kasturi [Member] | Employment Agreements and Arrangement [Member]
Subsequent Event [Line Items]
Number of common shares issued						10,706
Subsequent Event [Member] | Seenu G Kasturi [Member] | Restated Employment Agreement [Member]
Subsequent Event [Line Items]
Payment of annual base salary amount					$ 350,000
Subsequent Event [Member] | Seenu G Kasturi [Member] | Restricted Stock Award Agreement [Member]
Subsequent Event [Line Items]
Number of shares granted					390,000
Number of shares vested	130,000	130,000	130,000