Washington, D.C. 20549
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
* This Schedule 13 D amends
and restates and updates the information contained in any and all prior Statements on Schedule 13D previously filed by James G.
Flanigan (the “Reporting Person”) relating to the Common Stock of Flanigan’s Enterprises, Inc. (the “Issuer”).
CUSIP No. 338517105
1
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NAME OF REPORTING PERSONS
James G. Flanigan
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS
PF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ¨
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
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7
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SOLE VOTING POWER
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955,714
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Shares
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8
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SHARED VOTING POWER
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13,476
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Shares
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9
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SOLE DISPOSITIVE POWER
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817,020
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Shares
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10
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SHARED DISPOSITIVE POWER
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152,170
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Shares
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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969,190
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Shares *
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) ¨
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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52.1%
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14
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TYPE OF REPORTING PERSON
IN
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-----------------------------------
* Includes: (a) 741,796 shares owned of record
by Flanigan Family Stock Holdings, LLC, a Florida limited liability company (“FFSH”). James G. Flanigan is a member
and the sole Manager of FFSH and has sole voting and dispositive power over such 741,796 shares; (b) 138,694 shares owned of record
by Motta-Flanigan LLC, a Florida limited liability company (“MFC”). James G. Flanigan is the sole Manager of MFC, has
sole voting power over such 138,694 shares, and shares dispositive power over such shares with Patricia Ann Motta and James D.
Motta, the trustees of a Motta family trust which is the sole member of MFC; (c) 13,076 shares owned by James G. Flanigan’s
spouse for which he has shared voting and dispositive power; and (d) 400 shares owned by the children of James G. Flanigan over
which he has shared voting and dispositive power as their custodian.
CUSIP No. 338517105
EXPLANATORY
NOTE
This Schedule 13 D amends
and restates and updates the information contained in any and all prior Statements on Schedule 13D previously filed by James G.
Flanigan (the “Reporting Person”) relating to the Common Stock of Flanigan’s Enterprises, Inc. (the “Issuer”).
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ITEM 1.
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SECURITY AND ISSUER.
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This statement relates
to the shares of Common Stock of Flanigan’s Enterprises, Inc., a Florida corporation. The address of the Issuer is 5059 N.E.
18th Avenue, Fort Lauderdale, Florida 33334.
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ITEM 2.
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IDENTITY AND BACKGROUND.
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The following sets forth
the Reporting Person’s: a) name; b) residence or business address; c) present principal occupation or employment and the
name, principal business and address of any corporation or other organizations in which such employment is conducted; d) whether
or not, during the last five years, such Reporting Person was convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors); e) whether or not, during the last five years, such Reporting Person was a party to a civil proceeding
or a judicial or administrative body of competent jurisdiction as a result of which such Reporting Person was, or is, subject to
a judgment, decree or final order enjoining future violations of, prohibiting or mandating activities subject to, federal or state
securities laws or finding violations with respect to such laws; and f) citizenship.
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(b)
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5059 N.E. 18th Avenue, Fort Lauderdale, Florida 33334
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(c)
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Chief Executive Officer, President, and Chairman of the Board of Flanigan’s
Enterprises, Inc.
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5059 N.E.
18th Avenue, Fort Lauderdale, Florida 33334
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Of the 969,190 shares
of Common Stock of the Issuer beneficially owned by Mr. Flanigan, (a) 459,810 shares were acquired on August 31, 2020 pursuant
to the terms of that certain Contribution Agreement dated August 31, 2020 by and among Flanigan Family Stock Holdings, LLC, a Florida
limited liability company (“FFSH”), James G. Flanigan, Michael B. Flanigan, Patrick J. Flanigan, Margaret Fraser and
various family trusts (collectively, the “Contributors”) pursuant to which each of the Contributors transferred shares
of Common Stock of the Issuer to FFSH in exchange for a pro-rata membership interest in FFSH; (b) 138,694 shares were acquired
on January 4, 2021 in connection with the transfer by Patricia Ann Motta and James D. Motta, as trustees of a family trust, of
such shares of Common Stock to Motta-Flanigan LLC, a Florida limited liability company (“MFC”), in exchange for a 100%
membership interest in MFC (the “Motta Transfer”); and (c) 88,700 shares were acquired in open market purchases with
personal funds at various dates prior to the transactions described in (a) and (b). Pursuant to the Operating Agreements of FFSH,
James G. Flanigan is the sole Manager of FFSH and has sole voting and dispositive power over the shares of Common Stock owned of
record by FFSH. Pursuant to the Operating Agreement of MFC, James G. Flanigan is the sole Manager of MFC, has sole voting power
over the shares of Common Stock owned of record by MFC, and shares dispositive power over such shares of Common Stock with Patricia
Ann Motta and James D. Motta, the trustees of the sole member of MFC except with respect to a transaction involving the disposition
of MFC’s shares of Common Stock in conjunction with all shares held by the Flanigan family, in which case Mr. Flanigan has
sole dispositive power.
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ITEM 4.
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PURPOSE OF TRANSACTION.
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Pursuant to the
Contribution Agreement and the Motta Transfer, the Reporting Person acquired the shares of Common Stock in a reorganization of
share ownership by the members of the immediate family of James G. Flanigan for investment and family planning purposes. The Reporting
Person has no present plans or proposals which would result in, or are related to, any of the transactions described in subparagraphs
(a) through (j) of Item 4 under Schedule 13D.
Subject to availability
of shares at prices deemed favorable by the Reporting Person, the Reporting Person may acquire additional shares of Common Stock
in the open market, in privately negotiated transactions with third parties, or otherwise by means of personal funds of the Reporting
Person or working capital as contributed by the members of the Affiliated Companies.
Depending on prevailing
conditions and the Reporting Person’s evaluation of the factors described above, the Reporting Person also may determine
to sell, in the open market, in privately negotiated transactions with third parties or otherwise, or donate, all or part of the
shares of Common Stock referenced hereby, depending on the course of action that the Reporting Person pursues with regard to his
and the members of the Affiliated Companies’ investments generally, the price of shares of Common Stock, market conditions
and other factors and may, at any time and from time to time, engage in hedging or similar transactions with respect to the shares
of Common Stock.
The information
set forth in Item, 3 is incorporated by reference in its entirety into this Item 4.
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ITEM 5.
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INTEREST IN SECURITIES OF THE ISSUER.
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(a)-(b) The information
contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in
Items 2, 3, 4 and 6 is incorporated by reference in its entirety into this Item 5.
(c) In the last
60 days prior to the filing of this Amendment Schedule 13D, Mr. Flanigan has not effected any transactions in the shares of Common
Stock other than the Motta Transfer.
The Reporting Person
undertakes to provide upon request by the staff of the Securities and Exchange Commission full information regarding the number
of shares acquired.
Other than the members
of the Affiliated Companies who will receive, on a pro-rata basis, all of the respective economic benefit derived by the record
ownership of the shares of the Issuer’s Common Stock by the Affiliated Companies, no other person is known by the Reporting
Person to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any
shares of the Issuer beneficially owned by the Reporting Person.
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ITEM 6.
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CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
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To the knowledge
of the Reporting Person, except for the matters described in this Schedule 13D, there is no contract, arrangement, understanding
or relationship (legal or otherwise) between the Reporting Person and any other person with respect to any securities of the Issuer.
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ITEM 7.
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MATERIALS TO BE FILED AS EXHIBITS.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: January 27, 2021
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/s/ James G. Flanigan
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James G. Flanigan
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