ARC 10-Q 15 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 12, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	ARC Group, Inc.
Entity Central Index Key	1,452,872
Trading Symbol	arck
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		6,592,464
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Balance Sheets

Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 5,301	$ 6,775
Accounts receivable, net	30,349	11,724
Accounts receivable, net - related party	130,405	65,083
Notes receivable, net - related party	316,972	121,638
Interest receivable, net - related party		11,380
Other current assets	22,113
Total current assets	505,140	216,600
Deposits	1,806	1,806
Notes receivable, net of current portion	22,762	6,404
Equity investment in Paradise on Wings	575,855	570,828
Total assets	1,105,563	795,638
Liabilities and stockholders' deficit
Accounts payable and accrued expenses	478,014	504,037
Accrued expenses - related party	21,566	29,733
Accrued interest	2,383	2,173
Advertising fund liabilities	62,380
Settlement agreements payable	458,042	452,421
Accrued legal settlement	194,181	194,181
Notes payable - in default	7,000	7,000
Other current liabilities	3,038	2,172
Total current liabilities	1,226,604	1,191,717
Total liabilities	1,226,604	1,191,717
Stockholders' deficit:
Class A common stock - $0.01 par value: 100,000,000 shares authorized, 6,592,464 and 6,521,035 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively	65,925	65,211
Additional paid-in capital	3,687,752	3,638,466
Stock subscriptions payable	174,727	199,863
Accumulated deficit	(4,049,445)	(4,299,619)
Total stockholders' deficit	(121,041)	(396,079)
Total liabilities and stockholders' deficit	$ 1,105,563	$ 795,638

Balance Sheets (Parentheticals)

Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Class A common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Class A common stock, shares authorized	100,000,000	100,000,000
Class A common stock, shares issued	6,592,464	6,521,035
Class A common stock, shares outstanding	6,592,464	6,521,035

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenue:
Net revenue	$ 167,499	$ 133,043	$ 302,332	$ 275,652
Net revenue - related party	131,702	111,947	305,484	192,354
Total net revenue	299,201	244,990	607,816	468,006
Operating expenses:
Professional fees	32,740	61,149	68,900	122,455
Employee compensation expense	119,574	135,783	249,982	260,653
General and administrative expenses	26,704	10,717	47,565	55,029
Total operating expenses	179,018	207,649	366,447	438,137
Income from operations	120,183	37,341	241,369	29,869
Other income:
Interest income / (expense)		(3,158)	2,915	(10,559)
Income from investment in Paradise on Wings	29,349	6,035	5,026	21,108
Losses on settlement of litigation				(27,142)
Interest income - related party		180		2,758
Other income			864
Total other income / (expense)	29,349	3,057	8,805	(13,835)
Net income	$ 149,532	$ 40,398	$ 250,174	$ 16,034
Net income per share - basic and fully diluted (In dollars per share)	$ 0.02	$ 0.01	$ 0.04	$ 0
Weighted average number of shares outstanding - basic and fully diluted (In shares)	6,592,464	6,501,035	6,592,072	6,493,729

Statement of Stockholders' Defi

Statement of Stockholders' Deficit (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($)	Common Stock	Additional Paid-in Capital	Stock Subscriptions Payable	Accumulated Deficit	Total
Balance at Dec. 31, 2015	$ 65,211	$ 3,638,466	$ 199,863	$ (4,299,619)	$ (396,079)
Balance (in shares) at Dec. 31, 2015	6,521,035				6,521,035
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock issued for services	$ 714	49,286	(25,136)		$ 24,864
Common stock issued for services (in shares)	71,429
Net income				250,174	250,174
Balance at Jun. 30, 2016	$ 65,925	$ 3,687,752	$ 174,727	$ (4,049,445)	$ (121,041)
Balance (in shares) at Jun. 30, 2016	6,592,464				6,592,464

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities
Net income	$ 250,174	$ 16,034
Adjustments to reconcile net income to net cash provided by / (used by) operating activities:
Stock-based compensation expense	24,864	27,206
Losses on settlement of litigation		27,142
Changes in operating assets and liabilities:
Accounts receivable	(18,625)	(18,780)
Accounts receivable - related party	(65,322)	(9,887)
Notes receivable	(16,358)	2,084
Interest receivable - related party	11,380	(2,758)
Deposits		(706)
Equity investment in Paradise on Wings	(5,026)	(21,108)
Other current assets	(22,113)
Accounts payable and accrued liabilities	(26,024)	36,985
Accrued liabilities - related party	(8,167)	(11,550)
Accrued interest	210	(9,515)
Advertising fund liabilities	62,380	(1,851)
Settlement agreements payable	5,621	(60,985)
Other current liabilities	866	(466)
Net cash provided by / (used by) operating activities	193,860	(28,155)
Cash flows from investing activities
Issuance of notes receivable - related party	(289,770)	(156,447)
Repayment of notes receivable - related party	94,436	24,567
Net cash used by investing activities	(195,334)	(131,880)
Cash flows from financing activities
Proceeds from issuance of notes payable - related party	540,573	639,543
Repayments of notes payable		(4,000)
Repayments of notes payable - related party	(540,573)	(642,963)
Proceeds from stock subscriptions receivable		170,000
Net cash provided by financing activities		162,580
Net increase in cash and cash equivalents	(1,474)	2,545
Cash and cash equivalents, beginning of period	6,775
Cash and cash equivalents, end of period	5,301	2,545
Supplemental disclosure of cash flow information
Cash paid for interest
Cash paid for income taxes
Schedule of non-cash financing activities
Stock issued for stock subscriptions payable		49,452
Stock issued for settlement of litigation		$ 90,000

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2016
Description Of Business [Abstract]
Description of Business	Note 1. Description of Business ARC Group, Inc., a Nevada corporation , was incorporated in April 2000. Dick’s Wings ® Dick’s Wings & Grill ® . The Company establishes restaurants by entering into franchise agreements with qualified parties and At June 30, 2016, the Company had 23 restaurants and two Dick’s Wings concession stands. Of the 23 restaurants, 17 are located in Florida and six are located in Georgia. The Company’s concession stands at EverBank Field are also located in Florida. All of the Company’s restaurants are owned and operated by franchisees, and the Company’s concession stands at EverBank Field is licensed to a third-party operator.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation	Note 2. Basis of Presentation Interim Financial Information The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and in conformity with the instructions to Form 10-Q and Article 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, the disclosures included in these financial statements are adequate to make the information presented not misleading. The unaudited financial statements included in this report have been prepared on the same basis as the annual financial statements and in management’s opinion, reflect all adjustments, including normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the interim periods presented. The unaudited financial statements should be read in conjunction with the audited financial statements and the notes thereto for the year ended December 31, 2015 included in the Company’s Annual Report on Form 10-K. The results of operations for the three- and six-month periods ended June 30, 2016 are not necessarily indicative of the results that the Company will have for any subsequent quarter or full fiscal year. Estimates The preparation of 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 financial statements and accompanying notes. Actual results could differ from those estimates. Reclassifications Certain amounts in the Company’s financial statements for 2015 have been reclassified to conform to the 2016 presentation. These reclassifications did not result in any change to the previously reported total assets, net loss or stockholders’ deficit. Going Concern As shown in the accompanying financial statements, the Company had working capital deficits of $721,464 and $975,117 at June 30, 2016 and December 31, 2015, respectively. At June 30, 2016, the Company’s accumulated deficit was $4,049,445. During the years ended December 31, 2015 and December 28, 2014, the Company experienced negative cash flows from operating activities. Those facts create an uncertainty about the Company's ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon it successfully executing its plans to generate positive cash flows during fiscal year 2016. The Company's financial statements do not include any adjustments that might be necessary if it were unable to continue as a going concern. Significant Accounting Policies As of June 30, 2016, the Company’s significant accounting policies and estimates, and applicable recent accounting pronouncements, which are detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, had not changed materially.

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Net Income Per Share	Note 3. Net Income Per Share The Company calculates basic and diluted net income per share in accordance with ASC Topic 260, Earnings per Share The Company did not have any exercisable or convertible securities outstanding at June 30, 2016 or June 30, 2015. As a result, basic net income per share was equal to diluted net income per share for the three- and six-month periods ended June 30, 2016 and June 30, 2015, respectively.

Investment in Paradise on Wings

Investment in Paradise on Wings	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Investment in Paradise on Wings	Note 4. Investment in Paradise on Wings On January 20, 2014, the Company entered into a contribution agreement with Paradise on Wings. In connection with the execution of the contribution agreement, on January 20, 2014, the Company and the incumbent members of Paradise on Wings entered into an amended and restated operating agreement of Paradise on Wings to reflect the terms of the contribution agreement. The transactions contemplated by the contribution agreement and operating agreement were completed on January 20, 2014. Under the terms of the contribution agreement, the Company (sometimes referred to herein as the “Class B Member”) acquired 117.65 Class B membership interests in Paradise on Wings, representing all of the outstanding Class B membership interests and a 50% ownership interest in Paradise on Wings (the “Class B Membership Interests”). The incumbent members of Paradise on Wings (the “Class A Members”) converted their existing membership interests into a total of 117.65 Class A membership interests in Paradise on Wings, representing all of the outstanding Class A membership interests and a 50% ownership interest in Paradise on Wings (the “Class A Membership Interests”). The Company agreed to pay $400,000 in cash, of which $350,000 was paid prior to closing and $50,000 was due upon closing, and $400,000 in shares of the Company’s common stock to Paradise on Wings in consideration for the Class B Membership Interests (the “Capital Contribution”). The shares of common stock (the “ARC Shares”) were valued based upon the opening bid price of the common stock on the OTCmarkets.com on the morning of the closing date, which was $1.70 per share. Accordingly, the Company issued 235,295 shares of common stock to Paradise on Wings on the closing date. Under the operating agreement, the power to manage the business and affairs of Paradise on Wings has been vested in the managers of Paradise on Wings. The Class A Members may appoint up to two managers, which manager(s) have a total of 50% of the vote of all managers. The Company, as the owner of all of the Class B Membership Interests, may appoint one manager who has a total of 50% of the vote of all managers. Notwithstanding the foregoing, the Contributed Capital may not be used to pay salaries or bonuses to any of the Class A Members or Class B Members, and the vote of 60% of the total outstanding Class A Membership Interests and Class B Membership Interests is required in the event Paradise on Wings wishes to use the Contributed Capital for any permitted purpose. The Class A Membership Interests are identical to the Class B Membership Interests in all respects except that the Class A Membership Interests have a preferred right to distributions from Paradise on Wings with respect to the ARC Shares. The Class A Members, through their ownership of the Class A Membership Interests, are entitled to receive a total of 50% of all items of income, gain, losses, deductions and expenses (including 100% of any such items associated with the ARC Shares), and the Company, through its ownership of the Class B Membership Interests, is entitled to receive 50% of all items of income, gain, losses, deductions and expenses (with the exception of any such items associated with the ARC Shares). The Company accounts for its 50% ownership interest in Paradise on Wings using the equity method of accounting because the Company has the ability to exert significant influence, but not control, over the operating and financial policies of Paradise on Wings. The investment was initially recorded and subsequently adjusted for the Company’s share of the net income and loss, and cash contributions and distributions, to or from Paradise on Wings. The Company reported its income from Paradise on Wings as income from investment in Paradise on Wings in its statements of operations, and reported its investment in Paradise on Wings as equity investment in Paradise on Wings in its balance sheets. Set forth below is a summary of the unaudited income statement of Paradise on Wings for the three- and six-month periods ended June 30, 2016 provided to the Company by Paradise on Wings. Statement of Operations Three Months Six Months Revenue $ 90,575 $ 159,763 Operating expenses (47,461 ) (131,484 ) Income from operations 43,114 28,279 Other income / (expense) 15,583 (18,228 ) Net income $ 58,697 $ 10,051 Company’s share of net income $ 29,349 $ 5,026 Set forth below is a summary of the unaudited balance sheet of Paradise on Wings at June 30, 2016 and December 31, 2015 provided to the Company by Paradise on Wings. Balance Sheet June 30, December 31, Current assets $ 154,686 $ 62,460 Equity investment 141,168 141,168 Total assets $ 295,854 $ 203,628 Total liabilities $ 184,749 $ 101,023 Equity 111,105 102,605 Total liabilities and equity $ 295,854 $ 203,628

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 5. Fair Value Measurements On January 20, 2014, the Company purchased a 50% ownership interest in Paradise on Wings. A description of the investment in Paradise on Wings is set forth herein under Note 4. Investment in Paradise on Wings The following table presents the Company’s equity investment in Paradise on Wings within the fair value hierarchy utilized to measure fair value on a recurring basis at June 30, 2016 and December 31, 2015: Level 1 Level 2 Level 3 Equity investments – June 30, 2016 $ -0- $ 575,855 $ -0- Equity investments – December 31, 2015 $ -0- $ 570,828 $ -0- The Company’s other financial instruments consist of cash and cash equivalents, accounts receivable, notes receivable, accounts payable, accrued liabilities and notes payable. The estimated fair values of the cash and cash equivalents, accounts receivable, approximates their respective carrying amounts due to the short-term maturities of these instruments. The estimated fair values of the notes receivable and notes payable also approximates their respective carrying amounts since their terms are similar to those in the lending market for comparable loans with comparable risks. None of these instruments are held for trading purposes.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 6. Commitments and Contingencies Employment & Consulting Agreements 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 provides 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 is 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 OTC Bulletin Board on July 22, 2013. The employment agreement also provides that the Company will 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 is continuously employed by the Company through January 1st of the applicable year. The number of shares of common stock that the Company will issue to Mr. Akam for each applicable year will be calculated based on the average of the last sales price of shares of the Company’s common stock as reported on the OTC Bulletin Board 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 is unable to fulfill its obligation to issue all of the shares earned by him with respect to any particular grant because it does not have enough shares of common stock authorized and available for issuance, (i) Mr. Akam will 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 may 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 is not receiving 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. 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. In connection therewith, on August 19, 2013, Richard Akam resigned as the Company’s Chief Financial Officer. Mr. Akam retained his positions as the Company’s Chief Executive Officer, Chief Operating Officer and Secretary. On each of January 1, 2015 and January 1, 2016, Mr. Akam earned 71,429 shares of common stock under the terms of his employment agreement with the Company. Operating Leases In January 2013, 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 pursuant to which the Company leases approximately

Notes Receivable

Notes Receivable	6 Months Ended
	Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Notes Receivable	Note 7. Notes Receivable Notes Receivable - Unrelated Parties In May and June 2013, the Company made loans to certain of its franchisees in the aggregate original principal amount of $40,507 to assist them with the payment of franchise fees owed to the Company and the payment of other business expenses incurred by the franchisees in running their respective restaurants. The loans are for terms ranging from one year to three years in duration, are payable in monthly installments, and do not require the payment of any interest. Payments in the aggregate amount of $723 and $1,447 were made against the loans during the three- and six-month periods ended June 30, 2016, respectively. In September 2014, the Company made a loan to one of its franchisees in the aggregate original principal amount of $6,329 to assist it with the payment of franchise fees owed to the Company and the payment of other business expenses incurred by the franchisee in running its restaurant. The loan is for a term of three years, is payable in monthly installments, and does not require the payment of any interest. Payments in the aggregate amount of $527 and $1,055 were made against the loans during the three- and six-month periods ended June 30, 2016, respectively. In June 2016, the Company made a loan to one of its franchisees under a promissory note in the aggregate original principal amount of $6,883, and made a lone to the same franchisee under a line of credit agreement in the aggregate original principal amount of $11,976, to assist it with the payment of franchise fees owed to the Company and the payment of other business expenses incurred by the franchisee in running its restaurant. The loan under the promissory note is for a term of two years, is payable in monthly installments beginning August 1, 2016, and accrues interest at a rate of 5% per annum. The loan under the line of credit is payable upon the completion of certain renovations to the restaurant and does not require the payment of any interest. No payments were made against the loans during the three- and six-month periods ended June 30, 2016. Notes Receivable - Related Parties In October 2014, the Company loaned $3,700 to Yobe Acquisition, LLC (“Yobe Acquisition”). The loan accrued interest at a rate of 6% per year and was payable on demand. The loan was paid off in full by Blue Victory Holdings, Inc. (“Blue Victory”) during the Note 8. Debt Obligations In November and December 2014, the Company loaned a total of $16,800 to Quantum Leap QSR, LLC (“Quantum Leap”). The loan accrued interest at a rate of 6% per year and was payable on demand. The loan was paid off in full by Blue Victory during the Note 8. Debt Obligations During the year ended December 31, 2015, the Company loaned a total of $121,638 to Racing QSR, LLC (“Racing QSR”). The Company loaned an additional $289,770 to Racing QSR during the six-month period ended June 30, 2016, of which $94,436 was repaid to the Company by Racing QSR during the six-month period ended June 30, 2016 The carrying value of the Company’s outstanding notes receivable was $339,734 at June 30, 2016. A total of $3,902 of the notes receivable are reflected in cash flows from operating activities because the loans were made to assist the respective franchisees with the payment of franchisee fees owed to the Company. The remaining balance of $335,832 of the notes receivable are reflected in cash flows from investing activities because the loans were not made in connection with the payment of franchise fees, royalties or other revenue owed to the Company. The carrying value of the Company’s outstanding notes receivable was $128,042 at December 31, 2015. A total of $6,404 of the notes receivable are reflected in cash flows from operating activities because the loans were made to assist the respective franchisees with the payment of franchisee fees owed to the Company. The remaining balance of $121,638 of the notes receivable are reflected in cash flows from investing activities because the loans were not made in connection with the payment of franchise fees, royalties or other revenue owed to the Company. The Company had interest receivable of $-0- and $11,380 at June 30, 2016 and December 31, 2015, respectively. The Company generated interest income of $-0- and $-0- for the three- and six-months ended June 30, 2016, and generated interest income of $180 and $2,758 for the three- and six-months ended June 30, 2015. During the six months ended June 30, 2016, the Company recorded an allowance for uncollectible interest receivable of $11,380.

Debt Obligations

Debt Obligations	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt Obligations	Note 8. Debt Obligations The carrying value of the Company’s outstanding promissory notes was $7,000 at June 30, 2016 and December 31, 2015, all of which was in default. Accrued interest under the Company’s outstanding promissory notes was $2,383 and $2,174 at June 30, 2016 and December 31, 2015, respectively. A summary of the terms of the promissory notes that were outstanding during the six-month period ended June 30, 2016 and the year ended December 31, 2015 During the fourth quarter of 2008, the Company issued promissory notes to four investors for a total original principal amount of $11,000 in return for aggregate cash proceeds of $11,000. The notes bear interest at a rate of 6% per annum and provide for the payment of all principal and interest three years after the date of the respective notes. The notes provide for the payment of a penalty in an amount equal to 10% of the principal amount of the notes in the event they are not paid by the end of the term. In April 2015, the Company repaid notes to two of these investors representing a total original principal amount of $4,000. As a result, a total original principal balance of $7,000 was outstanding under the two remaining notes at June 30, 2016 and December 31, 2015. These notes are currently in default. On September 13, 2013, the Company entered into a loan agreement with Blue Victory pursuant to which Blue Victory agreed to extend a revolving line of credit facility to the Company for up to $1 million. Under the terms of the loan agreement, Blue Victory agreed to make loans to the Company in such amounts as the Company may request from time to time, provided that the total amount of loans requested in any calendar month may not exceed $150,000. All loan requests are subject to approval by Blue Victory. The Company may use the proceeds from the credit facility for general working capital purposes. The credit facility is unsecured, accrues interest at a rate of 6% per annum, and will terminate upon the earlier to occur of the fifth anniversary of the loan agreement or the occurrence of an event of default (the “Termination Date”). The outstanding principal balance of the credit facility and any accrued and unpaid interest thereon are payable in full on the Termination Date. Loans may be prepaid by the Company without penalty and borrowed again at any time prior to the Termination Date. The obligation of the Company to pay the outstanding balance of the credit facility is evidenced by a promissory note that was issued by the Company to Blue Victory on September 13, 2013. Blue Victory has the right, at any time on or after September 13, 2013, to convert all or any portion of the outstanding principal of the credit facility, together with accrued interest payable thereon, into shares of the Company’s common stock at a conversion rate equal to: (i) the closing price of the common stock on the date immediately preceding the conversion date if the common stock is then listed on the OTC Bulletin Board or a national securities exchange, (ii) the average of the most recent bid and ask prices on the date immediately preceding the conversion date if the common stock is then listed on any of the tiers of the OTC Markets Group, Inc., or (iii) in all other cases, the fair market value of the common stock as determined by the Company and Blue Victory. Notwithstanding the above, in the event the Company does not have adequate shares of common stock authorized and available for issuance to be able to fulfill a conversion request, or the Company would breach its obligations under the rules or regulations of any trading market on which its shares of common stock are then listed if it fulfilled a conversion request, At December 28, 2014, the outstanding principal amount of the credit facility was $3,420. Between December 29, 2014 and December 31, 2015, the Company borrowed an additional $1,987,953 under the credit facility. During the year ended December 31, 2015, repayments of $1,991,373 were made by the Company. Accordingly, no principal was outstanding under the credit facility at December 31, 2015. During the six-month period ended June 30, 2016, the Company borrowed an additional $540,573 under the credit facility, all of which was repaid by the Company during the six-month period ended June 30, 2016. Accordingly, no principal was outstanding under the credit facility at June 30, 2016. The carrying value of the Company’s outstanding promissory notes was $7,000 at June 30, 2016 and December 31, 2015, respectively, as follows: June 30, December 31, 2016 2015 Notes payable – related party $ -0- $ -0- Notes payable – in default 7,000 7,000 Total notes payable, net $ 7,000 $ 7,000

Capital Stock

Capital Stock	6 Months Ended
	Jun. 30, 2016
Stockholders Equity Note [Abstract]
Capital Stock	Note 9. 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 June 30, 2016 and December 31, 2015, respectively, of which 6,592,464 and 6,521,035 shares of common stock were outstanding at June 30, 2016 and December 31, 2015, respectively. Stock Issuances In January 2013, the Company entered into an employment agreement with Richard W. Akam. The employment agreement provides in part that the Company will grant Mr. Akam shares of its common stock equal in value to $50,000 on January 1st of each year thereafter if Mr. Akam is continuously employed by the Company through January 1st of the applicable year. The number of shares of common stock that the Company will issue to Mr. Akam for each applicable year will be calculated based on the average of the last sales price of shares of the Company’s common stock as reported on the OTC Bulletin Board for the month of January of the applicable year. Note 6. Commitments and Contingencies – Employment Agreements On February 27, 2014, the Company entered into a securities purchase agreement with Seenu G. Kasturi pursuant to which Mr. Kasturi agreed to purchase 206,061 shares of the Company’s common stock for $340,000. The price per share of common stock paid by Mr. Kasturi was equal to the closing price of the Company’s common stock on the OTCQB on the day immediately preceding the date the transaction was completed. Mr. Kasturi paid for the shares through the issuance of a promissory note in favor of the Company in the amount of $340,000. The promissory note was unsecured, accrued interest at a rate of 6% per annum, and had a maturity date of March 31, 2015. The principal and interest were payable in four equal quarterly installments of $85,000 beginning June 30, 2014. The promissory note was paid off in full by Mr. Kasturi during the year ended December 31, 2015. In January 2015, the Company issued 57,142 shares of its common stock to J. David Eberle pursuant to the terms of the settlement agreement and release that the Company entered into with him in connection with the settlement of the legal proceeding commenced by Mr. Eberle against the Company in April 2012. 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 the transaction was completed, which valued the shares at $17,143. The Company recorded a loss on settlement of litigation of $27,143 during the six-month period ended June 30, 2015, comprised of the $100,000 settlement amount plus the $17,143 value of the shares, less the $90,000 stock payable recorded before the settlement of the legal proceeding. A description of the legal proceeding and settlement and release agreement is set forth herein under Note 13. Judgments in Legal Proceedings In February 2015, the Company issued 10,000 shares of its common stock to one of its non-executive employees as incentive compensation. . In August 2015, the Company issued 20,000 shares of its common stock to one of its non-executive employees as incentive compensation. In each of January 2015 and January 2016, Mr. Akam 71,429 of common stock under the terms of his employment agreement with the Company. 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 the transaction was completed. The Company recognized $137 of stock compensation expense in connection therewith during the six-month period ended June 30, 2016 . The Company also recognized $12,432 and $24,864 of stock compensation expense during the three- and six-month periods ended June 30, 2016 in connection with the vesting of the shares of common stock to be earned to Mr. Akam on January 1, 2017 under the terms of his employment agreement with the Company.

Stock Options and Warrants

Stock Options and Warrants	6 Months Ended
	Jun. 30, 2016
Stock Options and Warrants [Abstract]
Stock Options and Warrants	Note 10. Stock Options and Warrants The Company did not issue any stock options or warrants exercisable into shares of the Company’s common stock during the six-month period ended June 30, 2016 or the year ended December 31, 2015, and no stock options or warrants were exercised or outstanding during the six-month period ended June 30, 2016 or the year ended December 31, 2015.

Stock Compensation Plans

Stock Compensation Plans	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation Plans	Note 11. 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 June 30, 2016, 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 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 June 30, 2016, all 1,000,000 shares of the Company’s common stock remained available for issuance under the plan. The plan terminates in June 2024.

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related-Party Transactions	Note 12. Related-Party Transactions In July 2013, the Company entered into a three-year sponsorship agreement with the Jacksonville Jaguars, LLC and, in connection therewith, in August 2013, entered into a subcontractor concession agreement with Levy Premium Foodservice Limited Partnership for a concession stand to be located at EverBank Field in Jacksonville, Florida. The Company subsequently 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. for a second concession stand at EverBank Field. The Company subsequently 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. The Company maintained the fee paid to DWG Acquisitions at $2,000 per month. Seenu G. Kasturi owns approximately 8.8% of the Company’s common stock and all of the equity interests in DWG Acquisitions. He also serves as the President, Treasurer and Secretary, and sole member, of DWG Acquisitions . In September 2013, Fred Alexander serves as a member of the Company’s board of directors and as an executive officer of Blue Victory. The Company did not have any loans outstanding under the credit facility at June 30, 2016 or December 31, 2015. A description of the credit facility is set forth herein under Note 8. Debt Obligations In October 2013, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located in the Nocatee development in Ponte Vedra, Florida. The Company generated a total of $18,714 and $36,462 in royalties from DWG Acquisitions under the agreement . In February 2014, the Company entered into a securities purchase agreement with Seenu G. Kasturi pursuant to which Mr. Kasturi agreed to purchase 206,061 shares of the Company’s common stock for $340,000. The price per share of common stock paid by Mr. Kasturi was equal to the closing price of the Company’s common stock on the OTCQB on the day immediately preceding the date the transaction was completed. Mr. Kasturi paid for the shares through the issuance of a promissory note in favor of the Company in the amount of $340,000. The promissory note was unsecured, accrued interest at a rate of 6% per annum, and had a maturity date of March 31, 2015. The principal and interest were payable in four equal quarterly installments of $85,000 beginning June 30, 2014. Mr. Kasturi owns approximately 8.8% of the Company’s common stock and 90% of the equity interests in Blue Victory. He also serves as the President, Treasurer and Secretary, and as the sole member of the board of directors, of Blue Victory. A description of the transaction is set forth herein under Note 9. Capital Stock In May 2014, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located on Youngerman Circle in Argyle Village in Jacksonville, Florida. The Company generated a total of $24,154 and $48,505 in royalties from DWG Acquisitions under the agreement . In October 2014, the Company loaned $3,700 to Yobe Acquisition. The loan accrued interest at a rate of 6% per year and was payable on demand. Seenu G. Kasturi owns approximately 8.8% of the Company’s common stock and all of the equity interests in Yobe Acquisition. He also serves as the managing member of Yobe Acquisition . A description of the loan is set forth herein under Note 7. Notes Receivable In November and December 2014, the Company loaned a total of $16,800 to Quantum Leap. The loan accrued interest at a rate of 6% per year and was payable on demand. Ketan Pandya is a director of the Company and owns approximately 70% of the equity interests in Quantum Leap. He also serves as the managing member of Quantum Leap. A description of the loan is set forth herein under Note 7. Notes Receivable. In December 2014, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located on Gornto Road in Valdosta, Georgia. The Company generated a total of $12,002 and $24,420 in royalties from DWG Acquisitions under the agreement . In March 2015, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located in Tifton, Georgia. The Company generated a total of $9,283 and $19,924 in royalties from DWG Acquisitions under the agreement during the three- and six-month periods ended June 30, 2016, respectively. In June 2015, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located in Fleming Island, Florida. The Company generated a total of $11,337 and $23,707 in royalties from DWG Acquisitions under the agreement during the three- and six-month periods ended June 30, 2016, respectively. In September 2015, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located in Panama City Beach, Florida. The Company generated a total of $14,563 and $27,036 in royalties from DWG Acquisitions under the agreement during the three- and six-month periods ended June 30, 2016. In March 2016, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located in Pensacola, Florida. The Company generated a total of $9,309 and $13,947 in royalties from DWG Acquisitions under the agreement during the three- and six-month periods ended June 30, 2016, respectively, and generated $30,000 in franchise fees from DWG Acquisitions under the agreement during the six-month period ended June 30, 2016. In March 2016, DWG Acquisitions became the franchisee of the Dick’s Wings restaurant located in Kingsland, Georgia. The Company generated a total of $17,340 and $21,483 in royalties from DWG Acquisitions under the agreement during the three- and six-month periods ended June 30, 2016, respectively, and generated $30,000 in franchise fees from DWG Acquisitions under the agreement during the six-month period ended June 30, 2016. During the year ended December 31, 2015, the Company loaned a total of $121,638 to Racing QSR, LLC (“Racing QSR”). The Company loaned an additional $289,770 to Racing QSR during the six-month period ended June 30, 2016, of which $94,436 was repaid to the Company by Racing QSR during the six-month period ended June 30, 2016 of the loan is set forth herein under Note 7. Notes Receivable During the three- and six-month periods ended June 30, 2016, the Company earned $131,702 and $305,484, respectively, from companies controlled by Seenu Kasturi. Additionally, during the six-month period ended June 30, 2016, the Company borrowed $540,573 from Blue Victory and repaid $540,573 to Blue Victory, an entity controlled by Mr. Kasturi, and during the year ended December 31, 2015, the Company borrowed $1,987,953 from Blue Victory and repaid $1,991,373 to Blue Victory.

Judgments in Legal Proceedings

Judgments in Legal Proceedings	6 Months Ended
	Jun. 30, 2016
Judgment In Legal Proceedings [Abstract]
Judgments in Legal Proceedings	Note 13. Judgments in Legal Proceedings On October 28, 2009, the Company initiated a legal proceeding entitled American Restaurant Concepts, Inc. vs. Cala, et al Cala v. Rosenberger et al. 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 April 2012, a legal proceeding entitled J. David Eberle vs. American Restaurant Concepts, Inc. any and all claims that were asserted or that could have been asserted by in the legal proceeding, and the complaint was dismissed with prejudice. The Company recognized a loss on the settlement of litigation of $27,142 during . 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. This case is currently pending. The Company accrued $194,181 for the potential legal settlement during the year ended December 31, 2015.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 14. Subsequent Events In August 2016, the Company entered into a full and final settlement and release agreement with Joseph Cala (“Cala”). Under the terms of the agreement, Cala and the Company agreed to release each other from all claims related to the ARC & Cala Proceedings, any and all other lawsuits that may have been filed by one party against the other, the 2010 Settlement Agreement, and any other matters, causes of action or claims either party may have had against the other. In consideration for the releases, the Company agreed to pay Cala $15,000 and issue 35,000 shares of common stock to Cala. There have been no other significant subsequent events through the date these financial statements were issued.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Interim Financial Information	Interim Financial Information The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and in conformity with the instructions to Form 10-Q and Article 8-03 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. In the opinion of management, the disclosures included in these financial statements are adequate to make the information presented not misleading. The unaudited financial statements included in this report have been prepared on the same basis as the annual financial statements and in management’s opinion, reflect all adjustments, including normal recurring adjustments, necessary to present fairly the Company’s financial position, results of operations and cash flows for the interim periods presented. The unaudited financial statements should be read in conjunction with the audited financial statements and the notes thereto for the year ended December 31, 2015 included in the Company’s Annual Report on Form 10-K. The results of operations for the three- and six-month periods ended June 30, 2016 are not necessarily indicative of the results that the Company will have for any subsequent quarter or full fiscal year.
Estimates	Estimates The preparation of 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 financial statements and accompanying notes. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain amounts in the Company’s financial statements for 2015 have been reclassified to conform to the 2016 presentation. These reclassifications did not result in any change to the previously reported total assets, net loss or stockholders’ deficit.
Going Concern	Going Concern As shown in the accompanying financial statements, the Company had working capital deficits of $721,464 and $975,117 at June 30, 2016 and December 31, 2015, respectively. At June 30, 2016, the Company’s accumulated deficit was $4,049,445. During the years ended December 31, 2015 and December 28, 2014, the Company experienced negative cash flows from operating activities. Those facts create an uncertainty about the Company's ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon it successfully executing its plans to generate positive cash flows during fiscal year 2016. The Company's financial statements do not include any adjustments that might be necessary if it were unable to continue as a going concern.
Significant Accounting Policies	Significant Accounting Policies As of June 30, 2016, the Company’s significant accounting policies and estimates, and applicable recent accounting pronouncements, which are detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015, had not changed materially.

Investment in Paradise on Win22

Investment in Paradise on Wings (Tables)	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Schedule of summary of the unaudited income statement of Paradise on Wings	Statement of Operations Three Months Six Months Revenue $ 90,575 $ 159,763 Operating expenses (47,461 ) (131,484 ) Income from operations 43,114 28,279 Other income / (expense) 15,583 (18,228 ) Net income $ 58,697 $ 10,051 Company’s share of net income $ 29,349 $ 5,026
Schedule of summary of the unaudited balance sheet of Paradise on Wings	Balance Sheet June 30, December 31, Current assets $ 154,686 $ 62,460 Equity investment 141,168 141,168 Total assets $ 295,854 $ 203,628 Total liabilities $ 184,749 $ 101,023 Equity 111,105 102,605 Total liabilities and equity $ 295,854 $ 203,628

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of equity investment in Paradise on Wings within the fair value hierarchy utilized to measure fair value on a recurring basis	Level 1 Level 2 Level 3 Equity investments – June 30, 2016 $ -0- $ 575,855 $ -0- Equity investments – December 31, 2015 $ -0- $ 570,828 $ -0-

Debt Obligations (Tables)

Debt Obligations (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of outstanding promissory notes	June 30, December 31, 2016 2015 Notes payable – related party $ -0- $ -0- Notes payable – in default 7,000 7,000 Total notes payable, net $ 7,000 $ 7,000

Description of Business (Detail

Description of Business (Detail Textuals)	Jun. 30, 2016RestaurantConcession_Stand
Franchiser Disclosure [Line Items]
Number of restaurants	23
Dick's Wings
Franchiser Disclosure [Line Items]
Number of restaurants | Concession_Stand	2
Florida
Franchiser Disclosure [Line Items]
Number of restaurants	17
Georgia
Franchiser Disclosure [Line Items]
Number of restaurants	6

Basis of Presentation (Detail t

Basis of Presentation (Detail textuals) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Working capital deficits	$ (721,464)	$ (975,117)
Accumulated deficit	$ (4,049,445)	$ (4,299,619)

Investment in Paradise on Win27

Investment in Paradise on Wings - Summary of the unaudited income statement of Paradise on Wings (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]
Company's share of net income	$ 29,349	$ 6,035	$ 5,026	$ 21,108
Paradise on Wings Franchise Group, LLC
Schedule of Equity Method Investments [Line Items]
Revenue	90,575		159,763
Operating expenses	(47,461)		(131,484)
Income from operations	43,114		28,279
Other income / (expense)	15,583		(18,228)
Net income	58,697		10,051
Company's share of net income	$ 29,349		$ 5,026

Investment in Paradise on Win28

Investment in Paradise on Wings - Summary of the unaudited balance sheet of Paradise on Wings (Details 1) - Paradise on Wings Franchise Group, LLC - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Current assets	$ 154,686	$ 62,460
Equity investment	141,168	141,168
Total assets	295,854	203,628
Total liabilities	184,749	101,023
Equity	111,105	102,605
Total liabilities and equity	$ 295,854	$ 203,628

Investment in Paradise on Win29

Investment in Paradise on Wings (Detail Textuals)	1 Months Ended
	Jan. 20, 2014USD ($)ShareConcession_Stand$ / sharesshares
Schedule of Equity Method Investments [Line Items]
Percentage of preferred right to distributions related to income, gain, losses, deductions and expenses	100.00%
Paradise on Wings Franchise Group, LLC
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest	50.00%
Paradise on Wings Franchise Group, LLC | Contribution agreement | Class A Membership Interests
Schedule of Equity Method Investments [Line Items]
Membership interest acquired | Share	117.65
Percentage of ownership interest	50.00%
Percentage of vote for all managers	50.00%
Percentage of vote for use of contributed capital for permitted purpose	60.00%
Percentage of preferred right to distributions related to income, gain, losses, deductions and expenses	50.00%
Paradise on Wings Franchise Group, LLC | Contribution agreement | Class A Membership Interests | Maximum
Schedule of Equity Method Investments [Line Items]
Threshold limit for appointment of manager | Concession_Stand	2
Paradise on Wings Franchise Group, LLC | Contribution agreement | Class B Membership Interests
Schedule of Equity Method Investments [Line Items]
Membership interest acquired | Share	117.65
Percentage of ownership interest	50.00%
Agreed payment in cash as per terms of contribution agreement	$ 400,000
Consideration paid prior to closing of agreement	350,000
Amount due upon closing of agreement	50,000
Consideration paid in shares for capital contribution	$ 400,000
Bid price per share on morning of closing date | $ / shares	$ 1.70
Number of shares issued on closing date | shares	235,295
Threshold limit for appointment of manager | Concession_Stand	1
Percentage of vote for all managers	50.00%
Percentage of vote for use of contributed capital for permitted purpose	60.00%
Percentage of preferred right to distributions related to income, gain, losses, deductions and expenses	50.00%

Fair Value Measurements - Summa

Fair Value Measurements - Summary of equity investment within fair value hierarchy utilized to measure fair value on recurring basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity investment in Paradise on Wings	$ 575,855	$ 570,828
Recurring basis | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity investment in Paradise on Wings	0	0
Recurring basis | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity investment in Paradise on Wings	575,855	570,828
Recurring basis | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity investment in Paradise on Wings	$ 0	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Detail textuals)	Jan. 20, 2014
Paradise on Wings Franchise Group, LLC
Fair Value [Line Items]
Percentage of ownership interest	50.00%

Commitments and Contingencies (

Commitments and Contingencies (Detail Textuals) - USD ($)	1 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Aug. 19, 2013	Jul. 22, 2013	Jan. 31, 2013	Jan. 22, 2013
Daniel Slone
Commitments And Contingencies [Line Items]
Annual base salary to be paid during the term of the agreement			$ 1
Employment Agreement | Richard W Akam
Commitments And Contingencies [Line Items]
Term of agreement						1 year
Annual base salary to be paid during the term of the agreement						$ 150,000
Additional renewal term of agreement						1 year
Number of common stock issued in connection with employment agreement	71,429	71,429		71,429	50,000
Amount of common stock connection with employee agreement				$ 50,000
Amount of additional shares of common stock to be issued				$ 50,000

Commitments and Contingencies33

Commitments and Contingencies (Detail Textuals 1)	1 Months Ended
	Jan. 31, 2015USD ($)ft²	Jan. 31, 2013USD ($)ft²
Commitments and Contingencies Disclosure [Abstract]
Area of land leased | ft²	2,000	1,800
Fixed monthly rent payment | $	$ 1,806	$ 1,100
Lease expires date	Dec. 31, 2017	Jan. 31, 2015

Notes Receivable (Detail Textua

Notes Receivable (Detail Textuals) - USD ($)	1 Months Ended							3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2014	Nov. 30, 2014	Oct. 31, 2014	Sep. 30, 2014	Jun. 30, 2013	May 31, 2013	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payments to acquire notes receivable								$ 1,055		$ 289,770	$ 156,447
Proceeds from notes receivable from related party										94,436	24,567
Notes receivable, net - related party	$ 316,972							316,972		316,972		$ 121,638
Notes receivable for payment of franchisee fees owed										16,358	(2,084)
Interest receivable, net - related party												11,380
Interest income - related party									$ 180		$ 2,758
Allowance for uncollectible interest receivable										11,380
Notes receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value of outstanding notes receivable	339,734							339,734		339,734		128,042
Notes receivable for payment of franchisee fees owed										3,902		6,404
Remaining balance of notes receivable for payment of franchise fees, royalties or other revenue owed										335,832		121,638
Notes receivable | One of franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Original principal amount					$ 6,329
Term of notes receivable					3 years
Payments to acquire notes receivable								527		1,055
Notes receivable | One of franchisees | Promissory notes
Accounts, Notes, Loans and Financing Receivable [Line Items]
Original principal amount	$ 6,883							6,883		6,883
Term of notes receivable	2 years
Accrued interest rate per year	5.00%
Notes receivable | One of franchisees | Line of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Original principal amount	$ 11,976							11,976		11,976
Notes receivable | Certain franchisees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Original principal amount						$ 40,507	$ 40,507
Payments to acquire notes receivable								723		1,447
Notes receivable | Certain franchisees | Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term of notes receivable						1 year	1 year
Notes receivable | Certain franchisees | Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Term of notes receivable						3 years	3 years
Notes receivable | Quantum Leap QSR, LLC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payments to acquire notes receivable		$ 16,800	$ 16,800
Accrued interest rate per year		6.00%	6.00%
Notes receivable | Yobe Acquisition, LLC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payments to acquire notes receivable				$ 3,700
Accrued interest rate per year				6.00%
Notes receivable | Racing QSR, LLC
Accounts, Notes, Loans and Financing Receivable [Line Items]
Payments to acquire notes receivable										289,770		121,638
Proceeds from notes receivable from related party										94,436
Carrying value of outstanding notes receivable	$ 316,972							$ 316,972		$ 316,972		$ 121,638
Accrued interest rate per year										6.00%		6.00%

Debt Obligations - Summary of c

Debt Obligations - Summary of carrying value of outstanding promissory notes (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Notes payable - related party	$ 0	$ 0
Notes payable - in default	7,000	7,000
Total notes payable, net	$ 7,000	$ 7,000

Debt Obligations (Detail Textua

Debt Obligations (Detail Textuals) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Outstanding promissory notes	$ 7,000	$ 7,000
Notes payable - in default	7,000	7,000
Accrued interest under outstanding promissory notes	$ 2,383	$ 2,173

Debt Obligations (Detail Text37

Debt Obligations (Detail Textuals 1) - Promissory notes - Investors	1 Months Ended	3 Months Ended
	Apr. 30, 2015USD ($)Investor	Dec. 28, 2008USD ($)Investor	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Promissory notes issued, number of investors | Investor	2	4
Original principal amount	$ 4,000	$ 11,000
Proceeds from issuance of notes payable		$ 11,000
Interest rate per annum on notes		6.00%
Maturity period of promissory notes		3 years
Percentage of principal amount of notes for the payment of a penalty		10.00%
Original principal balance outstanding under two remaining notes			$ 7,000	$ 7,000

Debt Obligations (Detail Text38

Debt Obligations (Detail Textuals 2) - Blue Victory Holdings, Inc - Loan agreement - Revolving line of credit facility	Sep. 13, 2013USD ($)
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,000,000
Maximum amount of debt not to be exceeded every month	$ 150,000
Accrued interest	6.00%

Debt Obligations (Detail Text39

Debt Obligations (Detail Textuals 3) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 28, 2014
Debt Instrument [Line Items]
Repayments of notes payable - related party	$ (540,573)	$ (642,963)	$ (1,991,373)
Loan agreement | Blue Victory Holdings | Revolving line of credit facility
Debt Instrument [Line Items]
Additional borrowing under credit facility	$ 540,573		1,987,953
Credit facility, principal and accrued interest outstanding				$ 3,420
Repayments of notes payable - related party			$ (1,991,373)

Capital Stock (Detail Textuals)

Capital Stock (Detail Textuals) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Stockholders Equity Note [Abstract]
Class A common stock, shares authorized	100,000,000	100,000,000
Class A common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Class A common stock, shares outstanding	6,592,464	6,521,035

Capital Stock (Detail Textuals

Capital Stock (Detail Textuals 1)	1 Months Ended							3 Months Ended	6 Months Ended		12 Months Ended
	Jan. 31, 2016shares	Aug. 31, 2015shares	Feb. 28, 2015shares	Jan. 31, 2015USD ($)shares	Feb. 27, 2014USD ($)Installmentshares	Jul. 22, 2013USD ($)shares	Jan. 31, 2013shares	Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Capital Stock [Line Items]
Loss on settlement of litigation										$ (27,142)
Stock issued for settlement of litigation										90,000
Allocated share-based compensation expense									$ 137
Securities purchase agreement | Seenu G Kasturi
Capital Stock [Line Items]
Common stock issued for note receivable - related party (in shares) | shares					206,061
Common stock issued for note receivable - related party					$ 340,000
Interest rate per annum					6.00%
Number of installment | Installment					4
Frequency of periodic payment					quarterly
Principal and interest payable in four equal quarterly installments					$ 85,000
Employment agreement | Richard W Akam
Capital Stock [Line Items]
Amount of common stock connection with employee agreement						$ 50,000
Number of common stock issued in connection with employment agreement | shares	71,429			71,429		71,429	50,000
Amount of additional shares of common stock to be issued						$ 50,000
Allocated share-based compensation expense								$ 12,432	$ 24,864
Employment agreement | Non-executive employees one
Capital Stock [Line Items]
Number of common stock issued in connection with employment agreement | shares			10,000
Allocated share-based compensation expense										2,000
Employment agreement | Non-executive employees two
Capital Stock [Line Items]
Number of common stock issued in connection with employment agreement | shares		20,000
Allocated share-based compensation expense											$ 6,600
Employment agreement | J. David Eberle
Capital Stock [Line Items]
Number of common stock issued in connection with employment agreement | shares				57,142
Value of common stock issued in connection with employment agreement				$ 17,143
Loss on settlement of litigation										(27,143)
Litigation settlement amount										100,000
Stock issued for settlement of litigation										$ 90,000

Stock Compensation Plans (Detai

Stock Compensation Plans (Detail Textuals) - shares	Jun. 30, 2016	Jun. 30, 2014	Aug. 11, 2011
2011 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
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
2014 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
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

Related-Party Transactions (Det

Related-Party Transactions (Detail Textuals)

Sep. 13, 2013USD ($)

Jul. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Nov. 30, 2014USD ($)

Oct. 31, 2014USD ($)

Feb. 27, 2014USD ($)Installmentshares

Jul. 31, 2013USD ($)

Jun. 30, 2016USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2016USD ($)

Jun. 30, 2015USD ($)

Dec. 31, 2015USD ($)

Mar. 31, 2016

Sep. 30, 2015

Mar. 31, 2015

May 31, 2014

Oct. 31, 2013

Related Party Transaction [Line Items]

Revenue from related parties

$ 131,702

$ 111,947

$ 305,484

$ 192,354

Repayments of notes payable - related party

540,573

642,963

$ 1,991,373

Payments to acquire notes receivable

1,055

289,770

156,447

Proceeds from notes receivable from related party

94,436

$ 24,567

Seenu G Kasturi

Related Party Transaction [Line Items]

Revenue from related parties

131,702

305,484

Seenu G Kasturi | Blue Victory Holdings

Related Party Transaction [Line Items]

Proceeds from related party debt

540,573

1,987,953

Repayments of notes payable - related party

540,573

$ 1,991,373

Seenu G Kasturi | Racing QSR, LLC

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

DWG acquisitions LLC | Seenu G Kasturi

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Yobe Acquisition, LLC | Seenu G Kasturi

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Quantum Leap QSR, LLC | Ketan Pandya

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

70.00%

70.00%

Loan agreement | Revolving line of credit facility | Blue Victory Holdings

Related Party Transaction [Line Items]

Interest rate per annum

6.00%

Maximum borrowing capacity

$ 1,000,000

Repayments of notes payable - related party

$ 1,991,373

Loan agreement | Seenu G Kasturi

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Loan agreement | Seenu G Kasturi | Blue Victory Holdings

Related Party Transaction [Line Items]

Equity interest held

90.00%

Subcontractor concession agreement | DWG acquisitions LLC

Related Party Transaction [Line Items]

Revenue from related parties

15,000

30,000

Subcontractor concession agreement | DWG acquisitions LLC | Levy Premium Foodservice Limited Partnership

Related Party Transaction [Line Items]

Subcontracting monthly fees

$ 2,000

Subcontractor concession agreement | DWG acquisitions LLC | Ovations Food Services, L.P.

Related Party Transaction [Line Items]

Extended term of agreement

2 years

Subcontracting monthly fees

$ 3,000

Securities purchase agreement | Seenu G Kasturi

Related Party Transaction [Line Items]

Interest rate per annum

6.00%

Ownership percentage in common stock of company

8.80%

Common stock issued for note receivable - related party (in shares) | shares

206,061

Common stock issued for note receivable - related party

$ 340,000

Number of installment | Installment

4

Principal and interest payable in four equal quarterly installments

$ 85,000

Securities purchase agreement | Seenu G Kasturi | Blue Victory Holdings

Related Party Transaction [Line Items]

Equity interest held

90.00%

Franchise agreement | DWG acquisitions LLC | Ponte Vedra, Florida

Related Party Transaction [Line Items]

Royalty revenue

18,714

36,462

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Jacksonville, Florida

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Royalty revenue

24,154

48,505

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Valdosta, Georgia

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Royalty revenue

12,002

24,420

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Tifton, Georgia

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Royalty revenue

9,283

19,924

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Fleming Island, Florida

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

8.80%

Royalty revenue

11,337

23,707

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Panama City Beach, Florida

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Royalty revenue

14,563

27,036

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Pensacola, Florida

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Royalty revenue

9,309

13,947

Franchise fee

30,000

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Kingsland, Georgia

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Royalty revenue

$ 17,340

21,483

Franchise fee

30,000

Franchise agreement | DWG acquisitions LLC | Seenu G Kasturi | Ponte Vedra, Florida

Related Party Transaction [Line Items]

Ownership percentage in common stock of company

8.80%

Sponsorship agreement | Jacksonville Jaguars, LLC

Related Party Transaction [Line Items]

Term of agreement

3 years

Notes receivable | Racing QSR, LLC

Related Party Transaction [Line Items]

Interest rate per annum

6.00%

Payments to acquire notes receivable

289,770

$ 121,638

Proceeds from notes receivable from related party

$ 94,436

Notes receivable | Yobe Acquisition, LLC

Related Party Transaction [Line Items]

Interest rate per annum

6.00%

Payments to acquire notes receivable

$ 3,700

Notes receivable | Quantum Leap QSR, LLC

Related Party Transaction [Line Items]

Interest rate per annum

6.00%

6.00%

Payments to acquire notes receivable

$ 16,800

$ 16,800

Judgments in Legal Proceedings

Judgments in Legal Proceedings (Detail Textuals) - 2010 Settlement Agreement - USD ($)	1 Months Ended
	Jan. 31, 2010	Jun. 30, 2016	Dec. 31, 2015
Loss Contingencies [Line Items]
Litigation settlement amount	$ 250,000
Payments for legal settlement	$ 40,000
Amount payable of legal settlement		$ 210,000	$ 210,000

Judgments in Legal Proceeding45

Judgments in Legal Proceedings (Detail Textuals 1) - USD ($)	Nov. 11, 2011	Oct. 04, 2011	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Dec. 25, 2011
Loss Contingencies [Line Items]
Loss from legal proceedings					$ (27,142)
Breach of guarantee
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			$ 2,810	$ 5,621

Judgments in Legal Proceeding46

Judgments in Legal Proceedings (Detail Textuals 2) - USD ($)	1 Months Ended		6 Months Ended
	Jan. 31, 2015	Apr. 30, 2012	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Loss Contingencies [Line Items]
Loss contingency damages sought	$ 194,181
Loss on settlement of litigation			$ (27,142)
Accrued legal settlement				$ 194,181	$ 194,181
J. David Eberle
Loss Contingencies [Line Items]
Loss contingency damages sought		$ 448.08
Settlement and Release Agreement | J. David Eberle
Loss Contingencies [Line Items]
Settlement agreement payable	100,000
Settlement agreement payable monthly installment	$ 16,667
Stock issued during period for litigation settlements	57,142

Subsequent Events (Detail Textu

Subsequent Events (Detail Textuals) - Subsequent Event - Settlement and Release Agreement - Joseph Cala	1 Months Ended
	Aug. 31, 2016USD ($)shares
Subsequent Event [Line Items]
Litigation settlement amount | $	$ 15,000
Stock issued during period for litigation settlements | shares	35,000