Non-Controlling Interests (Details Narrative) (10-K) |
12 Months Ended |
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Dec. 31, 2018
USD ($)
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Little Big Burger LLC's [Member] | |
Description on non-controlling interests | The Company manages the operations of the restaurant in return for a management fee and an economic interest in the net income of the restaurant location. While terms may vary by LLC, the investor generally contributes between $250,000 and $350,000 per location and is entitled to 80% of the net income of the LLC until such time as the investor recoups the initial investment and the investor return on net income changes from 80% to 50%, and in certain cases to 20%, of net income. The Company contributes the intellectual property and management related to operating a Little Big Burger, manages the construction, opening and ongoing operations of the store in return for a 5% management fee and 20% of net income until such time as the investor recoups the initial investment and the Company return on net income changes from 20% to 50%, and in certain cases to 80%, of net income. |
Just Fresh Subsidiaries [Member] | |
Percentage of interest holding on subsidiaries | 100.00% |
Minimum [Member] | |
Capital contribution | $ 250,000 |
Maximum [Member] | |
Capital contribution | $ 350,000 |
Little Big Burger LLC's [Member] | |
Percentage of equity interest | 100.00% |
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- Definition Description on non-controlling interests. No definition available.
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- Definition Percentage of interest holding on subsidaries. No definition available.
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- Definition Amount of cost for defined contribution plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. No definition available.
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